Ritchie Bros. Auctioneers changed its corporate name to RB Global, following the successful closing of its acquisition of IAA acquisition. RB Global will go to market and do business with customers under the Ritchie Bros., IAA, Rouse and SmartEquip brands. read more

MAY 11, 2023 - 6:43 am

Tellus Equipment Solutions, a John Deere agricultural and turf equipment dealer in Texas, closed a new $115 million credit facility. Truist Securities is the lead arranger and sole bookrunner for the facility. read more

MAY 10, 2023 - 7:06 am

Republic Bank is beginning a phased relocation plan by moving associates from two east end offices in Louisville, KY, into the its Republic Plaza offices in downtown Louisville, KY. These moves are expected to be fully complete by mid-2024. read more

MAY 10, 2023 - 7:00 am

Legacy Corporate Lending, a new asset-based lending company, launched today as an independent lender focused on serving the needs of middle-market companies across North America. Funds managed by a subsidiary of Bain Capital Credit supported the launch with an equity investment. read more

MAY 10, 2023 - 6:59 am

Stonebriar Commercial Finance closed on $100 million in construction financing and a long-term lease on new passenger rail cars to support a lessee's further expansion to service its customer base. read more

MAY 9, 2023 - 7:22 am

Northteq, a provider of Salesforce loan origination solutions, announced more than 60 updates and upgrades to its suite of loan origination products. With the latest feature updates, Northteq is taking a step toward eliminating email from lending by streamlining the application process. read more

MAY 9, 2023 - 7:19 am

Sentry Financial and Verdant Commercial Capital closed a $24 million equipment lease of construction equipment, including aerial work platforms and material handling equipment, for an equipment management, leasing and technology company. read more

MAY 8, 2023 - 10:03 am

Clarus Capital completed a new $30 million lease facility for a specialty logistics provider with hubs at major infrastructure facilities around the United States and abroad. read more

MAY 8, 2023 - 10:02 am

Wingspire Equipment Finance closed a $195 million credit facility to further expand its direct funding capabilities. Texas Capital Bank agented the facility and Wells Fargo and Bank OZK served as joint lead arrangers. read more

MAY 8, 2023 - 9:59 am

Post Road Equipment Finance, formerly known as Encina Equipment Finance, provided a $10 million lease line to a medical device manufacturer to finance new and existing manufacturing equipment. read more

MAY 8, 2023 - 9:56 am

Republic First Bancorp, the holding company of Republic First Bank, which does business as Republic Bank, will exit its legacy mortgage origination business while simultaneously reducing the size of its New York lending and credit teams. read more

MAY 8, 2023 - 9:55 am

Ares Management served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet as part of the acquisition by Bain Capital and the Merchants executive team. read more

MAY 8, 2023 - 9:54 am

Honour Capital provided $2.5 million in an operating lease arrangement to a national television broadcast media company to enable a high-tech computer equipment upgrade.   read more

MAY 5, 2023 - 7:15 am

Beacon Funding launched a new customer portal, a digital tool designed to simplify, streamline and secure the equipment finance experience. read more

MAY 5, 2023 - 7:14 am

Inovatec Systems, a provider of cloud-based software solutions for lenders, will exhibit its cloud lending offerings at Auto Finance Summit East 2023, which be held May 10-12 at the JW Marriott in Nashville, TN. read more

MAY 5, 2023 - 7:13 am