Amur Equipment Finance recently welcomed industry veteran Jason Wise and his team of equipment finance professionals to its nationwide, vendor-focused salesforce. Amur also recently opened its new, purpose-built Grand Island, NE, headquarters. read more
SEP 2, 2020 - 7:17 am
Workhorse Group, an American technology company focused on providing sustainable and cost-effective electric drone-integrated vehicles to the last-mile delivery sector, entered newly-formed strategic agreements with both Hitachi America and Hitachi Capital America. read more
SEP 1, 2020 - 6:30 am
Ritchie Bros. has received bankruptcy court approval to sell hundreds of truck tractors on behalf of BJ Services, North America's largest pure-play pressure pumping services company. read more
SEP 1, 2020 - 6:28 am
Registration is open for part of one Monitor’s next two-part Live+ event. Part one, “Charting the EF Course Through the Pandemic & Beyond,” will be held on Thursday, Sept. 10 at 1:00 p.m. ET featuring Diane Croessmann, Vince Belcastro and Will Perry. read more
AUG 28, 2020 - 7:02 am
UMB Capital Finance, utilizing its accounts receivable finance business channel, provided a $20 million credit facility increase to an existing client, SOAR Transportation Group, to assist in funding several acquisitions as well as for general working capital purposes. read more
AUG 28, 2020 - 7:00 am
This week in Houston, Ritchie Bros. sold more than 5,300 equipment items and trucks for more than $57 million, setting new site records for total gross transactional value for an August auction and total number of registered bidders. read more
AUG 28, 2020 - 6:58 am
Internationally renowned economist, Elliot F. Eisenberg, Ph.D predicted that U.S. GDP recovery will be checkmark-shaped in Monitor’s latest Live+ event, “U.S. Economy: Navigating the Signs & the Journey Back,” which was sponsored by IDS and held on Tuesday, Aug. 25. read more
AUG 27, 2020 - 6:41 am
CIT Group's Power and Energy business served as coordinating lead arranger on a $266 million financing for Longroad Energy’s 331-megawatt Prospero 2 solar project in Andrews County, Texas. read more
AUG 27, 2020 - 6:38 am
Resolvion, a repossession management and skip-tracing services provider, recently moved into a larger facility in Carlsbad, CA, to support its growth in the marketplace. The new space is comprised of a 13,000 square feet office space with new technological infrastructure. read more
AUG 27, 2020 - 6:35 am
Inc. ranked Channel Partners Capital No. 1,507 among the 5,000 fastest-growing private companies in the U.S, marking the eighth consecutive year Channel Partners Capital has made the Inc. 500/5000 list. read more
AUG 26, 2020 - 7:32 am
According to the Equipment Leasing and Finance Association, overall new business volume for the equipment finance industry in July was $9.1 billion, down 3% year over year from new business volume in July 2019. Volume was up 3% month to month from $8.9 billion in June. read more
AUG 25, 2020 - 7:03 am
Crestmark Equipment Finance provided $524,700 in one new lease transaction and Crestmark Vendor Finance provided $8,165,144 in 96 new lease transactions in the first half of August. As a whole, Crestmark provided more than $47 million in commercial financing. read more
AUG 25, 2020 - 6:58 am
Encina Equipment Finance has provided a $38 million equipment lease to a leading automotive component manufacturer. The five-year lease is being used to finance new equipment. read more
AUG 25, 2020 - 6:55 am
Amerisource Business Capital closed and funded a $5.5 million credit facility for a metal stamping firm based in Ohio. The proceeds will be used to refinance existing bank debt. read more
AUG 24, 2020 - 7:00 am
Onset Financial eclipsed the $100 million benchmark for 2020 new fundings in July. Onset unveiled a new strategy to drive growth and offered a COVID Relief Program to existing customers, once again setting the company apart as a disruptor in the industry. read more
AUG 21, 2020 - 5:55 am