Smarter Equipment Finance, a Las Vegas equipment broker, adopted Leasepath’s cloud-first intelligent workplace finance origination and customer engagement (CRM) platform built for asset finance, to streamline its origination process and automate its sales-to-funding process. read more

MAY 4, 2023 - 7:05 am

TopMark Funding set its all-time record for funded transactions in March, contributing to a 22% increase in funded transactions in Q1/23 compared with Q1/22. The company also opened a second Long Beach, CA, office. read more

MAY 3, 2023 - 7:03 am

XS Financial entered into an agreement to provide a $7.5 million CAPEX lease facility to Northeast Alternatives, a vertically integrated cannabis company that operates in Massachusetts and Michigan. read more

MAY 3, 2023 - 7:01 am

MUFG Bank established the Marunouchi Climate Tech Growth Fund with Mitsubishi Corporation and Pavilion Private Equity. The fund has Marunouchi Innovation Partners as its general partner, and will invest mainly in climate-tech-related startups. read more

MAY 2, 2023 - 7:17 am

Data Sales, a provider of lease financing and IT asset disposition, recently celebrated its 50th year in business, at its Burnsville, MN headquarters with customer, family and employee events. read more

MAY 2, 2023 - 7:10 am

According to the latest U.S. Bank Freight Payment Index, the volume of freight shipments moved via truck in the United States declined in Q1/23 by 6.1% year over year. This was the fourth quarter in a row in which volume has contracted on an annual basis. read more

MAY 2, 2023 - 7:08 am

Moritt Hock & Hamroff opened a new office in the Fort Lauderdale, FL, metro area to serve the southeast Florida market. Gregory J. Ritter, the founder of Florida-based law firm Ritter & Chusid will join Moritt Hock & Hamroff as partner to support the new office. read more

MAY 2, 2023 - 7:06 am

Non-bank lender BriteCap Financial formed with a capital investment from affiliates of North Mill Equipment Finance and from its own senior management team. BriteCap will be majority owned by a holding company affiliate of North Mill and will operate independently from North Mill. read more

MAY 1, 2023 - 7:06 am

U.S. Bank introduced a new business diversity lending program that will expand the ability of women-, minority- and veteran-owned businesses to obtain capital, building upon the bank’s broader efforts to support underrepresented businesses and help address the wealth gap. read more

MAY 1, 2023 - 7:02 am

Post Road Equipment Finance (formerly known as Encina Equipment Finance) provided a $20 million lease line to a global packaging manufacturer to finance new and existing manufacturing equipment. read more

MAY 1, 2023 - 7:01 am

CHG-MERIDIAN achieved a year-over-year improvement in lease originations of 29.3% to a company-record figure of €2.23 billion ($2.45 billion) in 2022 compared with a figure of €1.73 billion ($1.9 billion) in 2021. read more

APR 28, 2023 - 7:06 am

Volvo Financial Services launched iLabX 2.0, an evolution of its innovation accelerator program that provides startups the opportunity to develop and implement fintech innovations with VFS for equipment-as-a-service customers. read more

APR 28, 2023 - 7:04 am

Flux Power, a developer of lithium-ion energy storage solutions for the electrification of commercial and industrial equipment, renewed the available credit under its existing $14 million facility with First Citizens Bank. read more

APR 28, 2023 - 7:01 am

First Citizens Bank’s middle-market banking business provided $16 million in financing to FitLife Brands, a provider of nutritional supplements headquartered in Omaha, NE. read more

APR 28, 2023 - 6:57 am

eCapital Healthcare delivered funding to nine businesses in the healthcare industry during Q1/23. The transactions, ranging from $1 million to $15 million in size, included eight working capital loans and one senior housing real estate bridge loan. read more

APR 28, 2023 - 6:56 am