Industry

Horizon Technology Finance Provides $35MM Venture Loan Facility to Mirantis

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

Clarus Capital Closes $7MM Lease Facility for Land Management Equipment Manufacturer

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

Avolon Executed 43 Aircraft Lease Transactions in Q3/23

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

Navistar Financial Relaunches Retail Capabilities for International Truck & IC Bus Clients

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

QuickFi Named Finalist in 2 Categories at 2023 Banking Tech Awards

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

KBRA Assigns Preliminary Ratings to Equipment ABS Backed by Stonebriar Commercial Finance

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

Redaptive Capital Selects Ivory Consulting’s SuperTRUMP Web to Elevate Modeling & Pricing

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

Clarus Capital Closes $5MM in Lease Financing for Sponsor-Backed Service Provider

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

Wingspire Capital Agents $50MM Senior Secured Credit Facility for Conserv Capital

Wingspire Capital agented a $50 million senior secured credit facility for Conserv Capital, a provider of equipment financing for small to mid-sized businesses in the construction industry and for independent owner-operators in the long-haul trucking industry. read more

CSI Leasing Accelerates Legacy Azure DevOps Modernization with OpsHub

CSI Leasing partnered with OpsHub to upgrade its Team Foundation Server (TFS) from the 2018 version to the 2020 Azure DevOps Server version. read more

Leasepath Introduces End-to-End Loan and Lease Management Solution Built Entirely on Microsoft Dynamics 365

Leasepath, a software provider specializing in commercial equipment finance origination software, announced the general availability of Leasepath Enterprise, a cloud-first equipment finance lifecycle management platform powered by Microsoft Dynamics 365 and the Power Platform. read more

Solifi Unveils Product Enhancements for Wholesale Finance Solution

Solifi announced the latest product enhancements for its wholesale finance solution, including new features designed to provide North American customers with an enhanced lender and dealer experience. read more

First Citizens Bank Extends Brand to Legacy CIT Business Verticals

First Citizens Bank is extending its brand to cover numerous commercial business verticals that previously fell under its CIT division, including nearly all of the businesses within CIT’s commercial finance group. read more

Fleet Advantage Unveils New Brand Identity

Fleet Advantage, a provider of specialty financing, fleet data analytics and fleet management services, unveiled a new logo, visual identity and tagline. The new tagline is “Asset Management Reimagined.” read more

First Business Specialty Finance Selects Syndifi as Equipment Finance Syndication Platform

Syndifi, the cloud-based syndication software provider built specifically for the equipment finance industry, announced its newest partnership with First Business Specialty Finance, a wholly-owned subsidiary of First Business Bank. read more

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