The role of banks and independents in equipment finance and the massive opportunity around climate finance will be the focus of two panel discussions that experts from The Alta Group will facilitate at the Equipment Leasing and Finance Association’s 63rd annual convention. read more

OCT 8, 2024 - 6:23 am

Utica Equipment Finance completed a portfolio acquisition of equipment finance transactions valued at approximately $10 million. This acquisition enhances UEF’s portfolio of asset-based financing, further supporting its growth strategy. read more

OCT 7, 2024 - 6:11 am

Huntington Distribution Finance created an exclusive floorplan financing program with outdoor power equipment manufacturer Briggs & Stratton. This program is designed to deliver tailored solutions, programs and insights. read more

OCT 7, 2024 - 6:08 am

Avolon, a global aviation finance company, issued an update for Q3/24, highlighting its lease activity within the first nine months of 2024 and its intention to acquire Castlelake Aviation. read more

OCT 7, 2024 - 6:07 am

Ansley Park Capital, a lending and specialty finance platform, reached a milestone in its first full quarter of operation. The company successfully funded $200 million across a wide range of industries, bringing its total originations to more than $250 million since its inception. read more

OCT 4, 2024 - 6:19 am

Calumet Montana Refining (CMR), the restricted subsidiary of Calumet, entered into a new agreement with Stonebriar in which CMR sold certain of its assets to Stonebriar for $150 million and leased back the same assets. read more

OCT 4, 2024 - 6:17 am

Fifth Third Bank formed a new structure within its commercial bank. The new structure is designed to empower the bank to serve clients with a broader array of services, including more complex financial activities and expert investment advice. read more

OCT 4, 2024 - 6:15 am

Equipment Finance Cares (EF Cares) held its fourth and final event of 2024 in Minneapolis, MN. Over 70 equipment finance professionals attended, representing 41 different organizations. read more

OCT 4, 2024 - 6:14 am

Acting as the sole lender and lead arranger, volofin, an aircraft and engine manufacturer, facilitated the financing for RIVE Private Investment, a European investment firm, secured against a portfolio of 107 aircraft engines and APUs currently on short-term leases. read more

OCT 3, 2024 - 6:32 am

NETSOL Technologies, a global company delivering solutions for the asset finance and leasing industry, formed a new strategic partnership with Hiltermann, a Netherlands-based specialist lender in the leasing and financing industry. read more

OCT 3, 2024 - 6:31 am

The closure of Besse Forest Products presents an opportunity for industrial operators to acquire sawmills and veneer mills in Wisconsin, but only until the end of October, when the turnkey sale will conclude. read more

OCT 3, 2024 - 6:30 am

North Mill Equipment Finance, an independent commercial equipment lessor headquartered in Norwalk, Connecticut, reported a new quarterly record in funded volume for Q3/24. read more

OCT 2, 2024 - 6:23 am

Alfa, a provider of software-as-a-service (SaaS) solutions for the global auto finance industry, released Alfa Systems 6 in full. read more

OCT 2, 2024 - 6:23 am

Plan IT Packaging, a company in automated packaging solutions, partnered with FORT Capital Resources, an equipment finance company. Through this collaboration, Plan IT clients will have access to flexible payment and finance options. read more

OCT 2, 2024 - 6:21 am

CSC Leasing refreshed its brand identify, expanded its leadership team, achieved a major financial milestone and won an award for its digital transformation efforts. read more

OCT 2, 2024 - 6:19 am