Alfa, a provider of software for the asset finance industry, completed Amazon Web Services’ Foundational Technical Review for Alfa Cloud, its single-tenant software-as-a-service product. read more

AUG 22, 2023 - 6:25 am

Post Road Equipment Finance provided a $15 million equipment lease to a precision machining component manufacturer that provides supplies to the defense, semiconductor manufacturing, commercial aerospace and space markets. read more

AUG 22, 2023 - 6:24 am

First Citizens Bank’s CIT Commercial Services subsidiary completed a $6.5 million credit facility for a California-based home furnishings and apparel importer. read more

AUG 22, 2023 - 6:19 am

Encina Lender Finance closed $360 million in funding commitments from nine banks. read more

AUG 22, 2023 - 6:18 am

The Certified Lease & Finance Professional Foundation reported that 17 individuals recently passed the eight-hour, online proctored CLFP exam. read more

AUG 21, 2023 - 7:02 am

The Equipment Leasing and Finance Association announced that Oakmont Capital Services is the recipient of the 2023 Operations and Technology Excellence Award. The company’s award-winning project will be showcased during the ELFA’s Operations & Technology Conference in September. read more

AUG 18, 2023 - 6:51 am

LTi Technology Solutions announced an ongoing technology partnership and collaboration with Modern Rail Capital, which moved from LTI’s LeasePlus platform to ASPIRE, LTi’s cloud lease and loan technology platform. read more

AUG 18, 2023 - 6:50 am

According to the Equipment Leasing & Finance Foundation’s August Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall, confidence in the equipment finance market is 50.4, an increase from the July index of 46.4. read more

AUG 17, 2023 - 6:54 am

DLL reported net profits of €260 million ($282.82 million) for the first half of 2023, representing an increase of 157% compared with 2022, when, according to DLL, results were heavily diluted by impairments linked to the company’s decision to cease all business activities in Russia. read more

AUG 17, 2023 - 6:53 am

PNC FIG Advisory, part of PNC Capital Markets, expanded its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. read more

AUG 17, 2023 - 6:51 am

Oakmont Capital Services ranked No. 1,622 on the 2023 Inc. 5000, which ranks the fastest growing private companies in the U.S. read more

AUG 16, 2023 - 6:36 am

First Citizens Bank’s healthcare finance business, which is part of the CIT division, provided a loan to refinance American House St. Petersburg, a senior living community in St. Petersburg, FL. read more

AUG 16, 2023 - 6:29 am

Merchant West Group, a privately owned South African financial institution, upgraded to Solifi ABL on Solifi’s Open Finance Platform. read more

AUG 15, 2023 - 7:04 am

SLIM Capital achieved a year-over-year increase of 16.25% in deal originations during the first half of 2023. Having originated deals exceeding a total value of more than $200 million, SLIM Capital has achieved growth of 6.7% compared to 2022 overall. read more

AUG 15, 2023 - 7:00 am

Equipment Finance Cares held its first annual charity golf tournament last week at the Rockland Country Club in Sparkill, NY. More than 100 equipment finance professionals representing 54 different organizations attended the event.   read more

AUG 15, 2023 - 6:57 am