Industry

Daimler Partners with Metrus Energy on Sustainable Energy Project

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

ENGS Commercial Finance Named a 2021 Top Workplace

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

Forbes Names BMO Harris one of the Best Large Employers of 2021

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

Bidding Open for Ritchie Bros. Auction in Orlando, FL

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

Baystone Government Finance Sets Company Record for New Business Volume in 2020

Despite the global COVID‐19 pandemic, Baystone Government Finance closed its most successful year on record in 2020, according to the company. The Manhattan, KS‐headquartered lender funded more than $261 million in deals in 2020. read more

Standard Solar Partners with Crestmark to Add Nearly 25 MW of Community Solar to Portfolio

Standard Solar announced the financing and operation of 17 community solar projects in Minnesota and Massachusetts totaling 24.6 megawatts (MW). Tax equity financing for these projects was secured in a partnership with Crestmark. read more

TomorrowZone Announces Beyond Convention Winter Series Lineup

Deborah Reuben, CEO and founder of TomorrowZone, announced the lineup for the Beyond Convention: EF Innovators UnConference Winter 2021 Series, which is scheduled to begin in mid-February.  read more

CIT Arranges $16.1MM for Acquisition of Dialysis Center Portfolio by Cypress West Partners

CIT’s healthcare finance business served as sole lead arranger on $16.1 million in financing for the acquisition of a portfolio of dialysis centers by Cypress West Partners. read more

Ascentium Capital Funds $1.25B in 2020

Ascentium Capital completed $1.25 billion in annual funded volume in 2020. The company ended 2020 with $2.6 billion in managed assets, representing 8.3% growth in assets year-over-year. read more

Beacon Funding Releases 3-in-1 Equipment Financing Calculator for iOS and Android

Beacon Funding released a new version of its 3-in-1 equipment financing calculator mobile application for iPhone and Android users. read more

Balboa Survey Reveals Business Owners Will Embrace Mobile Payments, Cloud Software in 2021

According to the results of Balboa Capital’s Small Business Trends for 2021 Survey, the use of e-commerce, mobile payments, cloud software and remote work are four business trends that are likely to continue being embraced by small business owners in 2021. read more

Maxim Commercial Capital Funds Transactions in 42 States in 2020

Maxim Commercial Capital funded transactions ranging from $10,000 to $1.5 million for borrowers in 42 states during 2020. read more

Onset Financial Sets Company Record by Funding $63MM in January

Onset Financial, an independent equipment leasing company, achieved $63 million in funding in January, marking the highest funding month in the company’s history. read more

KeyBank Closes $35MM Credit Facility for Commercial Equipment Finance

KeyBank Specialty Finance Lending closed a $35 million credit facility for Commercial Equipment Finance (CEFI), an independent commercial equipment finance company headquartered in Puerto Rico. read more

Willis Lease Finance Purchases 25 Aircraft Engines from Pratt & Whitney

Willis Lease Finance purchased 25 PW1100G-JM and PW1500G GTF aircraft engines from Pratt & Whitney in December 2020. The engines, together with associated maintenance, are valued at more than $400 million. read more

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