Utica Equipment Finance provided a $1.5 million capital lease to a licensed wholesale manufacturer of small caliber ammunition, small arms and tactical equipment. read more

SEP 11, 2023 - 6:55 am

Capteris closed a new $350 million credit facility to support the growth of its equipment finance business. Truist Bank is serving as administrative agent and Bank of America is also partnering with Capteris on the facility. read more

SEP 8, 2023 - 6:59 am

Insight Financial Services (IFS), a division of Insight Investments, achieved its eighth consecutive completion and recertification of the Service Organization Control (SOC) 1 Type 2 audit. read more

SEP 8, 2023 - 6:54 am

Inovatec Systems, a provider of cloud-based software solutions for lenders, formed a relationship with VeriFast, a provider of artificial intelligence-driven verification and authentication solutions, to offer identification and income verification to lenders. read more

SEP 7, 2023 - 6:59 am

Vision Financial Group, also known as VFG Leasing & Finance, which became a Civista Bank company last October, completed its transition from a subsidiary of Civista Bank to a division of the bank and will do business as Civista Leasing & Finance going forward. read more

SEP 6, 2023 - 7:26 am

Commercial Credit Inc., parent company of Commercial Credit Group, Commercial Funding and Keystone Equipment Finance, was named to Business North Carolina’s Mid-Market Fast 40 List for the 11th consecutive year. read more

SEP 6, 2023 - 7:25 am

Aircraft asset manager Aviation Capital Group closed a $500 million secured credit facility in support of its aircraft financing solutions business. BNP Paribas and Société Générale structured the facility. read more

SEP 6, 2023 - 7:23 am

Economic activity in the manufacturing sector contracted in August for the 10th consecutive month following a 28-month period of growth, according to the ISM.  read more

SEP 5, 2023 - 6:30 am

Taggr will provide its asset intelligence services to Ramirent, granting access to vital information about its equipment fleet that previously has been difficult or impossible to obtain. read more

SEP 5, 2023 - 6:25 am

Easy Ice, a national provider of commercial ice machine subscriptions, completed its most recent acquisition of the leasing division of Derby Ice Company in Lufkin, TX. read more

SEP 5, 2023 - 6:15 am

A new Grant Thornton survey of merger and acquisition professionals found that after a lengthy period of respite, M&A activity is expected to rebound in the second half of this year. read more

SEP 1, 2023 - 6:30 am

XS Financial and urban-gro mutually agreed that XSF would retire the urban-gro’s convertible note for $2.3 million. read more

SEP 1, 2023 - 6:25 am

XS Financial, an equipment finance company serving the cannabis industry in the U.S., proposed to repurchase and cancel certain of its unsecured convertible notes that were originally issued on Oct. 28, 2021, and Oct. 10, 2022. read more

AUG 31, 2023 - 6:44 am

Houlihan Lokey served as exclusive placement agent on a second lien term loan for Rail Equipment Leasing and Maintenance (RELAM), which was acquired by affiliates of Paceline Equity Partners. The refinancing transaction closed on Aug. 4. read more

AUG 31, 2023 - 6:38 am

The Equipment Leasing and Finance Association filed to join an injunction to stop implementation of Section 1071 of the Dodd-Frank Act by the Consumer Financial Protection Bureau. read more

AUG 30, 2023 - 6:56 am