Industry

First Citizens Bank Leads $170MM Refinancing for esVolta

First Citizens Bank’s energy finance business served as lead agent on a $170 million credit facility for esVolta, a developer, owner and operator of utility-scale battery energy storage projects in North America. read more

Amembal’s Webinar on FMV Leases Attracts More Than 300 Attendees

Sudhir Amembal, an affiliate of Rinaldi Advisory Services and CEO of Amembal & Halladay, conducted a webinar on Nov. 14 entitled "The 30 Extraordinary Benefits of Leasing." The one-hour webinar attracted a diverse group of more than 300 attendees. read more

Tamarack Technology Releases Whitepaper on AI-Powered Risk Management for Equipment Finance Companies

Tamarack Technology released a whitepaper aimed at guiding equipment finance companies in harnessing the potential of artificial intelligence for effective risk management and decision-making. read more

Equipment Finance’s Highly-Regarded Leadership Development Program, STRIPES, Launches Fifth Cohort

STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within the equipment finance industry, launched its fifth cohort on Nov. 8. read more

PEAC Solutions Receives Multiple Accolades at Leasing Life Conference and Awards

PEAC Solutions received the 2023 Distribution Channel Management Champion Award from Leasing Life during the 20th Leasing Life Conference & Awards. During the same event, Bill Stephenson, CEO of PEAC Solutions, was honored as the inaugural inductee to the Leasing Life Hall of Fame. read more

RayTech Servicing Goes Live with Leasepath Enterprise

RayTech Servicing, a provider of outsourcing and asset management solutions, has gone live with Leasepath Enterprise, Leasepath’s cloud-first equipment finance originations and portfolio servicing platform powered by Microsoft Dynamics 365 and the Power Platform. read more

CLFP Foundation Adds 17 New CLFPs

The Certified Lease & Finance Professional Foundation certified 17 individuals who recently passed he the eight-hour online proctored CLFP exam. read more

MMP Capital Reports 69% Y/Y Originations Growth in October

MMP Capital kicked off Q4/23 with $38.5 million in originations in October, marking 69% year-over-year growth for the month and following a third quarter in which it recorded 12% year-over-year growth, funding $85 million. read more

JDR Solutions Celebrates 22 Years in Business

JDR Solutions is celebrating 22 years in business this year. Founded in 2001, the company now manages more than $18 billion in assets. read more

Utica Equipment Finance Extends $3.5MM Capital Lease to Facilitate Acquisition 

Utica Equipment Finance extended a $3.5 million capital lease to facilitate the purchase of a Virginia-based trucking firm that specializes in regional bulk materials transportation. read more

Clarus Capital Closes $10MM Lease Financing for Public Network Operator

Clarus Capital completed a new $10 million lease facility for a public network operator. The funding will support regularly scheduled investments from the company that it will use to expand capacity and refresh existing technology as part of its ongoing strategic upgrade. read more

Broad Fit Financial Earns WBENC Women’s Business Enterprise Certification

The Women’s Business Enterprise National Council (WBENC) certified Broad Fit Financial, a provider of financing solutions for health, wellness, sports and fitness industries, as a Women’s Business Enterprise. read more

Aquila Air Capital Closes $100MM in Debt Financing with Deutsche Bank

Aquila Air Capital, a specialty finance platform focused on providing aviation asset financing as well as purchasing and leasing aircraft and engines, closed $100 million in debt financing. Deutsche Bank acted as sole structuring agent and underwriter for the financing. read more

Wolters Kluwer Unveils Q3 Equipment Lease Finance Digital Transformation Index

According to Wolter Kluwer’s Equipment Lease Finance Digital Transformation Index, the rate of adoption for digitization of back-office documents has decreased by 4% over the last year, largely mirroring the sluggish environment for capital spending on equipment. read more

Amur Equipment Finance Records Best October Originations in Company History

Amur Equipment Finance announced that it recorded its strongest October originations performance this year, with the company also recording one of its strongest origination months in company history during the month. read more

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