The combination of high interest rates and a strong U.S. dollar is beginning to take a disproportionate toll on rural industries like agriculture, forest products, mining and manufacturing. read more

OCT 16, 2023 - 6:25 am

Truist Financial received $65 million in New Markets Tax Credits allocation authority from the U.S. Treasury Department's Community Development Financial Institution Fund. read more

OCT 16, 2023 - 6:10 am

First Business Financial Services, parent company of First Business Bank, was selected by Piper Sandler for inclusion among its Sm-All Stars Class of 2023. read more

OCT 16, 2023 - 6:00 am

Alfa, a provider of asset finance technology, announced the upcoming launch of Alfa Systems 6, the latest iteration of its software platform. The new iteration will be delivers in a series of release over the coming year. read more

OCT 13, 2023 - 6:44 am

Ivory Consulting is marking its 40th year in the equipment finance industry this year. Over the last four decades, Ivory Consulting has transformed into a provider of equipment lease and loan pricing, portfolio analysis and asset management software. read more

OCT 12, 2023 - 6:57 am

Auxilior Capital Partners was named the third-fastest growing company in the greater Philadelphia area as part of the Philadelphia Business Journal’s annual Soaring 76 list, which identifies the 76 fastest-growing companies in the region. read more

OCT 11, 2023 - 6:40 am

Accord Financial closed a $40 million equipment lease line to a pet supply manufacturer and distributor. This financing has enabled the company to purchase new equipment for its primary manufacturing plant as it expands its production capacity and sales. read more

OCT 11, 2023 - 6:39 am

Horizon Technology Finance, an affiliate of Monroe Capital, provided a $35 million venture loan facility to Mirantis, of which $20 million was initially funded. Mirantis will use the loan proceeds for general growth and working capital. read more

OCT 11, 2023 - 6:32 am

Clarus Capital completed a new $7 million lease facility for a sponsor-backed manufacturer of specialized land management equipment. The funding will support strategic capital investments to expand capacity, drive production efficiency and optimize the supply chain. read more

OCT 10, 2023 - 6:57 am

Aviation finance company Avolon executed 43 lease transactions comprising new aircraft leases, follow-on leases and lease extensions in Q3/23. In addition, the company solid 14 aircraft and entered letters of intent for the sale of 15 additional aircraft. read more

OCT 6, 2023 - 6:50 am

Navistar Financial relaunched its retail capabilities to serve International truck and IC Bus customers. A captive financial services provider for Navistar, Navistar Financial provides customers with loan and lease financing. read more

OCT 5, 2023 - 7:01 am

QuickFi by Innovation Finance USA was named a finalist in two categories in the London-based 2023 Banking Technology Awards: Best Embedded Finance System and Best Digital Solution Provider – LendTech. read more

OCT 5, 2023 - 6:58 am

Kroll Bond Rating Agency assigned preliminary ratings to eight classes of notes issued by Granite Park Equipment Leasing 2023-1, which is the 11th equipment ABS transaction backed by collateral originated and serviced by Stonebriar Commercial Finance. read more

OCT 5, 2023 - 6:53 am

Redaptive Capital selected Ivory Consulting’s SuperTRUMP Web platform to elevate the modeling and pricing of its advanced financing solutions, which are designed to drive energy savings and carbon reduction for clients. read more

OCT 5, 2023 - 6:51 am

Clarus Capital completed a new $5 million lease financing arrangement with a sponsor-backed service provider to the media and entertainment industry, which used proceeds from Clarus’ investment to expand and refresh its revenue generating assets and pursue new business initiatives. read more

OCT 4, 2023 - 6:39 am