First Citizens Bank’s energy finance group, part of the CIT division, served as the coordinating lead arranger on a $70.4 million construction and term loan financing facility for two standalone Jupiter Power battery energy storage projects in Texas. read more

JUL 18, 2023 - 6:38 am

Crossroads Equipment Lease and Finance, a provider of transportation financing solutions, opened a new office in Irving, TX. This latest development is part of Crossroads' strategic growth plan to strengthen its position in the trucking industry and extend its national footprint. read more

JUL 18, 2023 - 6:35 am

Equipment Finance Cares formed EF Cares Charitable Fund, a newly established fund that will allow Equipment Finance Cares to support charities affiliated with equipment finance professionals and organizations outside of its traditional regional events. read more

JUL 18, 2023 - 6:30 am

Ivan Bagaliyski, director of go-to-market strategy at Solifi, received the highly commended mention in the Rising Star category at the Asset Finance Connect Summer Awards 2023. read more

JUL 17, 2023 - 6:55 am

The Certified Lease & Finance Professional Foundation announced that 19 individuals recently passed the eight-hour online proctored CLFP exam. read more

JUL 17, 2023 - 6:50 am

Tamarack Technology released a whitepaper explaining how artificial intelligence can be used within the equipment finance industry titled “Five steps to organizational transformation in equipment finance using AI.” The whitepaper is available to download for free. read more

JUL 14, 2023 - 7:14 am

Air Lease delivered 19 new aircraft from its order book in Q2/23 and made aircraft investments in the quarter totaling approximately $1.5 billion. read more

JUL 14, 2023 - 7:10 am

According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks stayed at 13.4% in June. Meanwhile, small banks experienced increased approval percentages for the first time since January, going from 18.7% in May to 18.8% in June. read more

JUL 13, 2023 - 7:09 am

First American Equipment Finance ranked 21st on the 2023Selling Power 50 Best Companies to Sell For list. This is the 23rd consecutive year the ranking has been published by Selling Power and First American’s seventh consecutive year on the list. read more

JUL 13, 2023 - 7:03 am

Regents Capital, a provider of equipment leasing and financing solutions in the United States, has been named one of Orange County Business Journal’s 2023 Best Places to Work. The independent equipment finance firm ranked sixth in the medium employer category. read more

JUL 12, 2023 - 6:59 am

NFS Leasing expanded its partnership with Congruity360, a data management and data governance provider. The most recent transactions, totaling $6 million, will provide Congruity360 with additional growth capital. read more

JUL 12, 2023 - 6:57 am

First Citizens Bank’s maritime finance business arranged up to $30 million in financing for affiliates of MSea Capital to refinance MR product tankers. read more

JUL 12, 2023 - 6:53 am

According to Sandhills Global’s newest market reports, used heavy-duty truck, semitrailer and construction machinery in Sandhills marketplaces in June followed the same trends observed in previous months, with inventory levels increasing, driving asking and auction values down. read more

JUL 12, 2023 - 6:52 am

Customers Bank completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. The team will be integrated with Customers Bank’s existing teams. read more

JUL 11, 2023 - 7:06 am

Vision, a subsidiary of Constellation Financial Software, expanded its product offerings with the introduction of fully-integrated, comprehensive lease management system. read more

JUL 11, 2023 - 6:57 am