Industry

Sentiment Towards Private Infrastructure Remains Relatively Strong

According to the recently released inaugural Institutional Infrastructure Allocations Monitor by Hodes Weill & Associates and Cornell University’s Program in Infrastructure Policy, sentiment towards private infrastructure remains relatively strong. read more

IIA ESG Global Survey Reports ESG’s Future in Global Investment Portfolios Rises

The Index Industry Association released its third annual ESG Global Survey of Asset Managers that suggests despite significant economic volatility and political frictions, ESG’s future role in global investment portfolios continues to increase. read more

Blue Bridge Financial Extends and Upsizes Corporate Notes to $20MM

Blue Bridge Financial, an independent commercial equipment finance company, upsized and extended its corporate notes to $20 million. Brean Capital served as the company’s exclusive financial advisor and sole placement agent in connection with the transaction. read more

Federal Reserve Board Test Shows Large Banks are Well Positioned for Severe Recession

The Federal Reserve Board released the results of its annual bank stress test, that demonstrates that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. read more

Equipment Finance Industry Experiences Negative Impacts Due to Recent Bank Failures

According to the results of a new survey from the Equipment Leasing & Finance Foundation, the equipment finance industry is experiencing a negative impact on business conditions due to recent bank failures and their attendant liquidity issues. read more

Mitsubishi HC Capital America Reports Significant Growth in Rental Financing and Leasing

Mitsubishi HC Capital America has experienced significant growth in rental financing for dealer-owner and dedicated rental fleets, with year-over-year increases of 150% to 550% among some of its clients. read more

Cambridge Savings Bank Increases C&I Revolving LOC to $60MM for First Boston Construction

Cambridge Savings Bank increased the commercial and industrial (C&I) revolving line of credit for First Boston Construction Holdings to $60 million. read more

First Citizens Bank Provides $10MM to Nordic Hamburg

First Citizens Bank’s maritime finance group, part of the CIT division, arranged to provide Nordic Handysize IV AS, a subsidiary of Nordic Hamburg, $10 million to finance two dry bulk ships. read more

DLL Launches Whitepaper Spotlighting AgTech

DLL launched “The Farming. The Future. The Financing.”, a whitepaper covering the topic of agricultural technology, the latest agricultural innovations and flexible financial solutions that facilitate its adoption.   read more

Overall Lender Confidence Remains Positive in Q1/23, Down From Q4/22

According to the Asset-Based Lending Index by the Secured Finance Network, combined (bank and non-bank) business lenders’ confidence stayed slightly positive during Q1/23 at 50.3 points, although that was a 5.8-point decline from Q4/22. read more

Alfa Publishes Whitepaper on Software-as-a-Service and Cloud Services

Alfa, provider of Alfa Systems, a cloud-native technology platform for auto and equipment finance companies, published a new paper on software-as-a-service and cloud services. read more

Equipment Finance New Business Volume Inches Up 1% in May

According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry in May was $9.5 billion, up 1% year over year from new business volume in May 2022. read more

Ares Management Acquires $3.5B Lender Finance Portfolio from PacWest

Ares Management completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. Barclays provided exclusive financing to Ares on the transaction. read more

Worldwide Spending on Internet of Things Forecast to Surpass $1T in 2026

According to International Data Corporation’s Worldwide Internet of Things Spending Guide, worldwide spending on the Internet of Things (IoT) is forecast to be $805.7 billion in 2023, an increase of 10.6% over 2022. read more

Confidence in Equipment Finance Market Increases in June

According to the Equipment Leasing & Finance Foundation‘s June 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall, confidence in the equipment finance market is 44.1, an increase from the May index of 40.6. read more

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