According to the Equipment Leasing & Finance Foundation’s February 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 64.4, an increase from the January index of 59.6. read more
FEB 18, 2021 - 6:46 am
CIT Group’s asset-based lending business committed to $25 million in financing while serving as joint lead arranger on an asset-based credit facility of up to $145 million for a commercial finance company serving government contractors. read more
FEB 18, 2021 - 6:34 am
Orion First has begun servicing contracts for ApplePie Capital, a lender dedicated to the franchise industry that provides transaction sizes ranging from $100,000 to $5 million. read more
FEB 17, 2021 - 6:33 am
Tamarack Consulting, a provider of independent software solutions to the equipment finance and commercial lending industry, changed its name to Tamarack Technology. read more
FEB 16, 2021 - 6:39 am
ENGS Commercial Finance developed a digital center that is “always connected” to vendors and customers and that delivers a digital to business (D2B) solution that predicts customers’ financing behaviors and customizes a solution for their exact needs. read more
FEB 16, 2021 - 6:37 am
CIT’s power and energy business served as a co-lead arranger on $93.3 million in financing for a portfolio of six battery energy storage systems owned by Key Capture Energy in Texas. read more
FEB 12, 2021 - 6:35 am
FSG Capital, an independent equipment finance company based in Laurel, MD, is marking its 30th year in business in 2021. read more
FEB 12, 2021 - 6:33 am
Avolon, an international aircraft leasing company, reported financial and operational results from 2020, including a 13% increase in lease revenue vs. 2019 and a 20% increase in total available liquidity. read more
FEB 12, 2021 - 6:31 am
Fleet Advantage reported that since introducing its sale-leaseback program in April 2020, the program has secured approximately $45 million in new business for the company. read more
FEB 11, 2021 - 6:39 am
Crédit Agricole CIB was green loan coordinator for Trinity Industries Leasing Company’s first green loan. More specifically, Crédit Agricole CIB, acting as green loan coordinator, closed a green loan amendment of the non-recourse senior secured term loan for Trinity Rail Leasing 2017. read more
FEB 11, 2021 - 6:37 am
Textainer Marine Containers VII Limited, an indirect, wholly-owned subsidiary of Textainer, issued $550 million of fixed-rate asset-backed notes, comprised of $523.5 million in Class A notes and $26.5 million in Class B notes. read more
FEB 11, 2021 - 6:36 am
Daimler Trucks North America announced a $6.4 million project with Metrus Energy as part of Metrus’ sustainable energy service agreement program. Metrus partnered with KeyBank Equipment Finance and Centrica Business Solutions on this project as well. read more
FEB 11, 2021 - 6:32 am
ENGS Commercial Finance, a Mitsubishi UFJ Lease and Finance company, earned a 2021 Top Workplaces USA award and the financial services industry distinction from Energage, an organization that develops solutions to build and brand top workplaces. read more
FEB 10, 2021 - 6:56 am
BMO Harris Bank was recognized by Forbes as one of the best large employers of 2021. BMO was ranked 10th among companies listed in the banking and financial services industry in the United States. read more
FEB 10, 2021 - 6:51 am
Ritchie Bros. will conduct its annual Orlando, FL-based auction online from Feb. 15 to Feb. 20, with more than 5,000 PriorityBids already underway. read more
FEB 10, 2021 - 6:50 am