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

JUN 12, 2023 - 7:10 am

Capteris Capital closed a $25 million equipment lease facility for a food services company to finance various capital expenditures. read more

JUN 12, 2023 - 7:08 am

Citizens Financial Group accelerated its private banking growth strategy with the addition of approximately 50 new senior private bankers and related support staff in Boston, Florida, New York and San Francisco. Many of the new team members were formerly with First Republic Bank.   read more

JUN 12, 2023 - 7:05 am

Aircraft leasing company Avolon extended the TLB-3 tranche of its senior secured $2.92 billion term loan B facility from January 2025 to June 2028 through a new TLB-6 tranche. The company also upsized the tranche to $1.68 billion. read more

JUN 9, 2023 - 7:03 am

The RSM US Middle Market Business Index (MMBI), presented by RSM US in partnership with the U.S. Chamber of Commerce, eased to 131.3 in the second quarter, down modestly from 134 in the first quarter on a seasonally adjusted basis. read more

JUN 8, 2023 - 7:02 am

AmeraMex International, a provider of heavy equipment for logistics companies, infrastructure, construction and forestry conservation, received a $2.1 million equipment rental agreement from a West Coast customer. read more

JUN 8, 2023 - 7:00 am

According to Sandhills Global, after inventories increased across the heavy-duty truck, semitrailer, agricultural equipment and heavy construction machinery marketplaces in April, the trend accelerated in May. read more

JUN 7, 2023 - 7:10 am

LeaseAccelerator’s PureLease Marketplace, a bidding platform for equipment leases, has sourced more than $1.5 billion in lease financing. read more

JUN 7, 2023 - 7:07 am

First Citizens Bank’s asset-based lending group, part of the CIT division, provided a revolving credit facility to Signature Brands, a Ocala, FL-based provider of dessert decoration and seasonal celebration products. read more

JUN 7, 2023 - 7:00 am

According to the latest Biz2Credit Small Business Lending Index, small business loan approval   percentages at big banks dipped from 13.5% in April to 13.4% in May. Meanwhile, approval ratings at small banks remained at 18.7%. read more

JUN 7, 2023 - 6:50 am

Honour Capital provided $1.3 million in an operating lease arrangement to a flow control products company for a supply chain solution to automate warehouse processes.   read more

JUN 6, 2023 - 7:02 am

According to a new study from the Secured Finance Network, total secured financing volume for U.S. commercial businesses in 2022 reached nearly $4.9 trillion. read more

JUN 6, 2023 - 7:00 am

Bank of Texas, a division of BOK Financial, expanded its operations into the San Antonio market, marking the bank’s first move outside of its established operations in Dallas, Houston and Fort Worth, TX. read more

JUN 6, 2023 - 6:55 am

Five Star Bank expanded into San Francisco, leveraging an existing team of Bay Area professionals led by DJ Kurtze, who will serve as Five Star Bank’s San Francisco Bay Area region president. read more

JUN 6, 2023 - 6:50 am

According to Epiq Bankruptcy, commercial Chapter 11 filings increased 105% in May 2023 to 680 versus the 332 filings in May 2022. Nearly half of the Chapter 11 filings were made by corporate subsidiaries. read more

JUN 5, 2023 - 6:59 am