Industry

SLIM Capital Reports Continued Growth Despite Uncertainty in 2020

SLIM Capital, a Beverly Hills, CA-based direct finance company focusing on financing equipment acquisitions, reported 2020 as a year of continued growth with impact in the transportation, medical, cannabis and manufacturing industries. read more

Arboretum Enters into Partnership to Provide up to $500MM in Equipment Finance Solutions

Arboretum Investment Advisors, an SEC-registered investment adviser specializing in asset-backed and equipment finance funds, entered into a partnership to acquire, originate and service up to $500 million of equipment leases and loans. read more

Orion First Provides Servicing to Paradigm Equipment Finance

Orion First has begun servicing contracts for Paradigm Equipment Finance, a Salt Lake City-based nationwide lender providing asset-based financing programs. read more

First National Capital Raises More Than $38K for Orangewood Foundation

First National Capital raised more than $38,000 for the Orangewood Foundation during the 2020 holiday season. The Orangewood Foundation is a non-profit that annually helps almost 2,000 foster and community youths prepare for independent adulthood. read more

North Star Leasing Achieves Company Funding Record in 2020

North Star Leasing reported that it set company records in annual, quarterly and monthly funding in 2020. In all, North Star Leasing processed more than 6,600 applications totaling $236 million during the year. read more

CIT Arranges $56MM Financing for Seamax Containerships

CIT’s maritime finance business served as sole lead arranger on a $56 million senior secured financing on behalf of Seamax Container Shipping II. read more

IDS Completes 20 Go-Lives on Cloud-Based Lending Platform

IDS, a provider of asset and equipment finance technology, enabled 20 customer go-lives and crossed the $36 billion mark of committed NAV on the IDScloud platform. read more

Avolon Predicts Growth in Aircraft Leasing to Finance Airline Fleet Renewal in 2021

In its 2021 outlook paper, Avolon forecasted that two-thirds of new passenger aircraft deliveries will be financed by lessors, with the airline funding gap closed through lessor placements and sale leasebacks. read more

Rainstar Capital Group Marks 7-Year Anniversary

Rainstar Capital Group, a national debt advisory firm based in Grand Rapids, MI, is celebrating its seventh year in business in 2021. read more

CLFP Foundation Elects CoreTech’s Reinhart to 2021 Board of Directors

Candace Reinhart, CLFP, senior vice president of operations and syndications at CoreTech Leasing, was elected to the board of directors of the Certified Lease & Finance Professional Foundation. read more

Tamarack Introduces Equipment Finance Assessment Service in Partnership with Hunter & Co

Tamarack Consulting partnered with Hunter & Company to offer assessments of equipment finance operation systems and workflows. read more

Avolon Executes 31 Lease Transactions in Q4/20

Avolon executed a total of 31 lease transactions in Q4/20 consisting of new aircraft leases, follow-on leases and lease extensions, and delivered a total of 21 new aircraft in the quarter to seven customers and transitioned three aircraft to follow-on lessees. read more

SBA Reopening PPP to Small Lenders on Jan. 15, All Lenders on Jan. 19

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will reopen the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or fewer in assets on Jan. 15. The portal will fully open on Jan. 19 to all participating PPP lenders. read more

JDR Solutions Marks 20 Years in Business in 2021

JDR Solutions, a provider of support services and infrastructure to the equipment finance industry, will celebrate its 20th anniversary in 2021. JDR Solutions was founded in 2001 by Doug Williams, John Schaffner and Richard Lewis. read more

CIT Leads $69MM Financing for Solar Portfolio

CIT’s power and energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar, a solar and storage energy service provider based in North Carolina. read more

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