Transervice Logistics was recognized for its corporate social responsibility as one of Long Island Business News’ 2023 Corporate Citizenship Honorees. read more

SEP 25, 2023 - 5:30 am

Equipment Finance Cares held its fourth event of 2023 this last week in Chicago. More than 50 equipment finance professionals attended, representing 33 different organizations. read more

SEP 22, 2023 - 6:56 am

LeasePoint Funding Group, a fintech company specializing in equipment financing, received recognitions on prestigious business growth lists. The company has successfully ranked #180 on the Inc.5000 list of the fastest-growing businesses in the nation. read more

SEP 22, 2023 - 6:54 am

AmeraMex International, a provider of heavy equipment for logistics companies, infrastructure construction and forestry conservation, was awarded a five-year, $1.5 million equipment lease agreement. read more

SEP 21, 2023 - 6:27 am

EquipmentShare, an equipment rental and equipment asset management company, intends to offer, in a private offering, subject to market and other conditions, an additional $300 million aggregate principal amount of its senior secured second lien notes due in 2028. read more

SEP 19, 2023 - 7:00 am

More than half of restaurant operators are planning to increase their equipment and supply budgets in 2023, and 67% plan to make kitchen equipment replacements, according to a new study released by the Equipment Leasing & Finance Foundation. read more

SEP 18, 2023 - 6:48 am

Alfa, the makers of Alfa Systems, a software platform for providers of asset finance, announced new functionality to help its customers track and report their portfolios’ Scope 3 greenhouse gas emissions. read more

SEP 18, 2023 - 6:47 am

EquipmentShare completed an extension of its Series E equity raise, led by funds affiliated with BDT & MSD Partners. Through the extension, EquipmentShare raised an incremental $150 million from existing and new investors for a total of $440 million in Series E funding. read more

SEP 18, 2023 - 6:43 am

AP Equipment Financing finalized a $200 million credit facility from Wells Fargo to capitalize on increasing demand from customers and dealer partners. read more

SEP 15, 2023 - 6:37 am

First Citizens Bank’s healthcare finance business, part of the CIT division, provided $29 million to Onicx Group to refinance two medical office buildings located on the campuses of Florida Trinity Hospital and Poinciana Hospital. read more

SEP 15, 2023 - 6:34 am

Xactus, a provider of business data and intelligent insights to the equipment leasing/finance industry, is now offering credit reports from PayNet, powered by Equifax. read more

SEP 14, 2023 - 7:12 am

QuickFi by Innovation Finance USA won the award for best embedded finance solution at the 2023 Finovate Awards. QuickFi was also selected as a finalist for best financial mobile app award. read more

SEP 13, 2023 - 7:04 am

Bob Metodiev, head of business development at Inovatec Systems, a provider of cloud-based software solutions for lenders, will present a session at the Canadian Finance & Leasing Association’s annual national conference, which will be held Sept. 19-21 in Québec City, QC. read more

SEP 13, 2023 - 6:56 am

Northteq, a provider of Salesforce loan origination solutions, unveiled several upgrades to its Aurora platform, including the embracing of artificial intelligence technology and the introduction of intelligent application entry, Section 1071 borrower authentication and enhanced credit summaries. read more

SEP 12, 2023 - 7:09 am

LTi Technology Solutions will conduct its second annual Leadership Live event on Sept. 21 in London. LTi will host the event, which will feature a focus on environmental, social and governance policies, alongside sponsors Propel Finance and Acquis Data Services. read more

SEP 12, 2023 - 7:07 am