Madison Capital will no longer offer direct financing for new equipment and vehicles. The company will continue to service existing clients and active accounts, while also working as an intermediary for those clients seeking additional financing for new transactions. read more
DEC 17, 2024 - 5:56 am
Trinity Capital, a provider of diversified financial solutions to growth-oriented companies, committed $50 million in equipment financing to Form Energy, an American technology company developing and commercializing a class of energy storage systems. read more
DEC 17, 2024 - 5:55 am
BizCap, a commercial finance advisory firm, structured and secured growth financing for Safety Network, a provider of traffic control services and equipment. This financing will be used to expand operations by opening new locations and acquiring complementary businesses. read more
DEC 17, 2024 - 5:51 am
In November, Suite by Monitor published 15 articles, covering the implications of a Trump Administration, Section 1071 of the Dodd-Frank Act, details about innovation and automation cycles in equipment finance, rising 10-year Treasury yields, QBRs and various outlooks for 2025. read more
DEC 16, 2024 - 6:00 am
HYPERAMS, in partnership with Rabin Worldwide, has been commissioned to conduct an exclusive online-only auction for a collection of late-model food processing and packaging equipment from a former cheese snack production facility. read more
DEC 16, 2024 - 5:57 am
Fortune magazine and Great Place to Work selected First American Equipment Finance as one of the 2024 Best Workplaces for Parents. This is First American’s second time being named to this nationwide list, this year coming in at No. 21 (under 1,000 FTE). read more
DEC 16, 2024 - 5:55 am
KeyCorp received all required regulatory approvals for completion of The Bank of Nova Scotia’s strategic minority investment in Key as announced on Aug. 12, 2024. read more
DEC 16, 2024 - 5:53 am
Jetloan Capital predicts that borrowing rates will not start go down anytime soon; the rise in longer-term yields indicates that markets may be anticipating stronger economic growth, higher inflation, increased government debt or a mix of all three. read more
DEC 12, 2024 - 5:54 am
AP Equipment Financing is relocating its primary physical office to a new address in tandem with its commitment to further embrace remote work. Starting Dec. 12, 2024, the company will operate as a primarily remote organization. read more
DEC 12, 2024 - 5:53 am
Santander Bank officially launched Openbank, a new digital banking platform. With the launch of Openbank, Santander aims to expand its addressable market in the United States. read more
DEC 12, 2024 - 5:50 am
Regional farming and construction leasing company LSI Equipment has implemented Tamarack Technology’s DataConsole business intelligence in tandem with the TURBO-Lease back-office software to support business growth and drive operational efficiency. read more
DEC 11, 2024 - 5:52 am
EverBank has expanded its fiduciary banking capabilities with the launch of its specialty deposit division that is designed to provide customized banking solutions to fiduciary clients. This division is led by Tracy Miller, an accomplished financial professional. read more
DEC 11, 2024 - 5:50 am
Clarus Capital closed a $7 million capital lease facility for a vertically integrated manufacturer of private-label consumer products. The facility is designed to unlock liquidity tied to key production assets. read more
DEC 9, 2024 - 5:57 am
B. Riley Financial entered into a definitive agreement to sell a majority ownership stake in Great American Group to funds managed by Oaktree Capital Management. This change of ownership closed on Nov. 15, 2024, to create Great American Holdings, a privately held, independent firm. read more
DEC 9, 2024 - 5:56 am
Applied Digital, a designer, builder and operator of next-generation digital infrastructure, through its subsidiary, APLD Holdings 2, closed a $150 million senior secured debt financing with Macquarie Equipment Capital. read more
DEC 9, 2024 - 5:54 am