Ritchie Bros. will host its annual global auction event in Orlando, FL, from Feb. 20 to Feb. 24, 2023. Bidding for the February 2023 Orlando auction will be available online and in-person, with a live auctioneer and bid catchers onsite. read more
OCT 18, 2022 - 7:03 am
CNH Industrial Capital, a wholly-owned subsidiary of CNH Industrial, completed its previously announced offering of $400 million in aggregate principal amount of 5.45% notes due 2025, with an issue price of 99.349%. read more
OCT 17, 2022 - 7:08 am
Maxim Commercial Capital expanded its target market during Q3/22 by launching an enhanced risk-based scoring system for its Truck Financing Program. read more
OCT 14, 2022 - 7:09 am
Tamarack Technology, published the first part in a series of whitepapers on the application of AI in the equipment finance industry. read more
OCT 14, 2022 - 7:08 am
Battle Motors and ENGS Commercial Finance partnered to launch a customer finance platform in Battle Motors Capital. It will be powered by ENGS Commercial Finance, Mitsubishi HC Capital America and related companies. read more
OCT 13, 2022 - 7:03 am
CIT Commercial Services, a subsidiary of First Citizens Bank, completed a $50 million factoring facility with a West Coast consumer technology firm. read more
OCT 13, 2022 - 6:57 am
Regions Bank launched a digital solution through the RTP network from The Clearing House, enabling corporate banking clients to send real-time payments. read more
OCT 12, 2022 - 7:05 am
XPO Logistics’ board of directors approved the separation of its tech-enabled brokered transportation platform through the distribution of all the outstanding shares of common stock of its subsidiary RXO to holders of XPO common stock. read more
OCT 11, 2022 - 7:39 am
Regents Capital entered a three-year, $100 million revolving credit facility with Bank OZK, a regional bank based in Little Rock, AR. read more
OCT 10, 2022 - 7:29 am
Clarus Capital completed a new $20 million loan facility for a specialty industrial manufacturer. read more
OCT 10, 2022 - 7:27 am
According to a new study released by the Equipment Leasing & Finance Foundation, the size of the equipment finance industry rose to an all-time high of $1.16 trillion in 2021. read more
OCT 10, 2022 - 7:25 am
According to the latest Hospital Report On Business from the Institute for Supply Management, economic activity in the hospital subsector grew in September for the 28th consecutive month. read more
OCT 10, 2022 - 7:19 am
Verdant Commercial Capital celebrated its fifth anniversary recently. Verdant is also positioned to reach nearly $600 million in annual originations by the end of 2022. read more
OCT 7, 2022 - 7:21 am
Financial Partners Group completed its highest quarter in company history closing a record $122 million in origination volume in Q3/22. read more
OCT 7, 2022 - 7:20 am
Gordon Brothers formed a strategic alliance with TAGeX Brands to provide real estate and equipment services to support the food service industry, including the purchase of surplus equipment and real estate. read more
OCT 7, 2022 - 7:18 am