CIT’s Power and Energy business served as sole coordinating lead arranger for a $225 million letter of credit facility on behalf of 8minute Solar Energy. read more

JUN 2, 2020 - 6:50 am

NACM’s Credit Managers’ Index rebounded in May. All four favorable factors improved but remain in contraction territory. read more

JUN 2, 2020 - 6:40 am

Dext Capital recorded record originations for April 2020. During this same period, total year over year new business volume grew over 300%. read more

JUN 1, 2020 - 7:00 am

People's United Bank has registered and obtained approval for more than 16,000 PPP loans through the SBA, delivering more than $2.5 billion to business customers. read more

JUN 1, 2020 - 6:30 am

Bridge Bank has extended a credit facility to YES Leasing, a financial services company that provides commercial equipment financing to companies and lessees of all credit backgrounds, specializing in helping those with challenging credit situations and unique circumstances. read more

MAY 29, 2020 - 7:05 am

Tamarack has expanded its Extension-of-Terms Automation Utility functionality with new features that support the anticipated “second wave” of requests. read more

MAY 29, 2020 - 6:55 am

FORT supported a vendor partner with a backlog of transactions due to credit tightening measures of their incumbent finance partner. read more

MAY 29, 2020 - 6:50 am

Middle market companies that have built resiliency into their business through digital transformation have more tools to endure COVID-19 disruption. read more

MAY 29, 2020 - 6:45 am

IDC lowered its 2020 forecast for the global tablet, notebook PC, desktop PC and workstation market with shipments declining 12.4% year-over-year. read more

MAY 29, 2020 - 6:40 am

Monitor Live+ poll results revealed that 53% of respondents believe the COVID-19 default rate will be worse than the Great Recession. The majority (42%) predict a U-shaped recovery while 30% anticipate a W-shape. read more

MAY 28, 2020 - 7:00 am

NFS Leasing has extended its existing partnership with RPP Products to help fund an expansion into manufacturing hand sanitizer. read more

MAY 28, 2020 - 6:55 am

CIT Group won three Stevie American Business Awards for business excellence, including a Gold award for Achievement in Management – Banking, a Silver award for FinTech Solution and a Silver award for Corporate Social Responsibility Program of the Year. read more

MAY 28, 2020 - 6:40 am

Monitor revealed the lineup for the third and final installment in its Asking the C-Suite Live+ series, which will be hosted by Vince Belcastro with featured guests Dave Drury, Dave Fate, Kirk Phillips and Adam Warner. read more

MAY 27, 2020 - 7:00 am

Monitor Live+ Asking the C-Suite Part 2 provided eight takeaways concerning credit, deferral requests, modeling changes, new business volume and what to expect in the next six months. read more

MAY 27, 2020 - 6:50 am

ELFA’s webinar on operational resiliency addressed needs caused by COVID-19 and how equipment finance companies can build long-term resilience. read more

MAY 27, 2020 - 6:45 am