Industry

QuickFi Wins Best in Show at Equipment Finance Connect 2025

QuickFi’s live demo highlighted a practical approach to streamlining B2B lending in the equipment finance space. read more

Deere Faces $500MM in Tariff Costs Amid Slumping Equipment Demand

Deere & Co., bracing for more than $500 million in tariff-related costs this year, widened its profit forecast range as it contends with weak demand and rising import expenses. read more

1st Source Makes KBW Bank Honor Roll for 7th Consecutive Year

1st Source’s rare streak underscores a decade of disciplined growth and enduring financial strength in a volatile industry. read more

DataCRaiM Introduces AutoDocX for Automated Document Processing in Finance

The new platform uses AI to automate document intake and data integration for financial services workflows. read more

AE Industrial Partners Closes $418MM Aerospace Leasing Fund

The oversubscribed fund underscores investor confidence in stable, income-generating aerospace assets. read more

LeasePoint Funding Group and JDR Solutions Partner to Support Growth Through ASPIRE Implementation

The partnership marks a major tech upgrade for LeasePoint as it aims to boost efficiency and scale operations with expert support from JDR Solutions. read more

XS Financial Closes $7.5MM Lease With Auto Parts Manufacturer

The deal marks another step in XS Financial’s strategy to expand its role in the equipment finance syndication market. read more

AEF Advances Large Ticket Platform Through Deutsche Bank Financing and Capital Partnership with Oaktree Capital

AEF’s new financing from Deutsche Bank and partnership with Oaktree Capital strengthen its ability to offer large ticket equipment financing through expanded capital and strategic support. read more

Penske Launches Enhanced Catalyst AI to Advance Real-Time Fleet Intelligence

Penske Truck Leasing’s new Catalyst AI features aim to help fleet operators make faster, data-driven decisions with precision down to the vehicle and hub level. read more

CEFI Scales Originations Without Expanding Headcount with Northteq

CEFI streamlined $125 million in originations using Northteq’s aurora platform, achieving major efficiency gains without increasing staff or compromising relationships. read more

Utica Funds $3.1MM Capital Lease for Oilfield Services and Aggregates Provider

A $3.1 million capital lease from Utica helps a Permian Basin service provider refinance debt and support regional growth across energy and infrastructure projects. read more

Fleet Advantage’s Crnilovic Earns Certified Transportation Professional Accreditation

Toza Crnilovic joined a growing number of Fleet Advantage executives achieving top transportation certification from the National Private Truck Council read more

OnPoint Capital Changes Name to NextGen Equipment Finance

The new name reflects the company’s expanded financial offerings and strategic growth and aligns with the organization’s focus on broader asset management and flexible financing solutions. read more

Post Road Equipment Finance Provides $15MM Loan to Specialty Transportation Services Provider

The financing enables a critical logistics provider to scale operations and meet rising demand from new long-term contracts in aviation, rail and transit read more

Redaptive Secures $650MM Credit Facility from CDPQ and Nuveen to EaaS Platform

The backing of CDPQ and Nuveen positions Redaptive to rapidly expand its footprint and leverage its EaaS platform as a growth engine. read more

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