Post Road Equipment Finance provided a $22 million lease line to a global engineered materials manufacturer to finance new manufacturing equipment. read more
APR 14, 2023 - 7:02 am
According to data from the Secured Finance Network, Q4/23 was marked by steady confidence in the ABL industry, with lenders maintaining a positive outlook despite persistent inflation and rising interest rates. read more
APR 14, 2023 - 7:00 am
SunPower, a residential solar technology and energy services provider, secured financing commitments of more than $450 million for its residential solar and storage loan program from HASI, an investor in climate solutions, and Crédit Agricole CIB. read more
APR 14, 2023 - 6:53 am
Maxus Capital Group is celebrating its 30th anniversary as an independent specialty finance company. During its history, the company has originated, serviced and executed on nearly $2.5 billion in transactions. read more
APR 14, 2023 - 6:49 am
Mitsubishi HC Capital America is expanding its transportation division following the company’s integration with ENGS Commercial Finance and Mitsubishi HC Capital America (U.S.A.) on April 1. read more
APR 13, 2023 - 7:15 am
Dynamic Capital Equipment Finance funded a $5 million term loan through the utilization of its own in-house financing for Crude Master Transport. read more
APR 13, 2023 - 7:03 am
According to the latest CBIZ Small Business Employment Index (SBEI), small businesses, aside from those in the technology industry, are showing resilience and a willingness to hire talent, as well as a seasonally adjusted increase of 1.36% in hiring in March. read more
APR 12, 2023 - 7:00 am
STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within the equipment finance industry, will launch its fourth cohort today. read more
APR 11, 2023 - 6:58 am
Berkshire Hills Bancorp, the parent company of Berkshire Bank, elected Eric S. Rosengren to the board of directors of the company and the bank. From 2007 until his retirement in 2021, Rosengren served as president and CEO of the Federal Reserve Bank of Boston. read more
APR 11, 2023 - 6:50 am
Scotiabank appointed Francisco Aristeguieta to the role of group head of international banking, effective May 1. In parallel to Aristeguieta’s appointment, Ignacio Deschamps announced his intention to retire from Scotiabank at the end of April. read more
APR 11, 2023 - 6:48 am
The Certified Lease & Finance Professional Foundation reported that 20 individuals recently passed the eight-hour online proctored CLFP exam. read more
APR 10, 2023 - 7:08 am
According to the Institute for Supply Management’s latest hospital subsector report, economic activity in the hospital subsector grew in March for the 34th consecutive month. read more
APR 10, 2023 - 7:01 am
Virgin Orbit Holdings and its U.S. subsidiaries, a responsive space launch provider, commenced a voluntary proceeding under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court in the District of Delaware in order to effectuate a sale of the business. read more
APR 10, 2023 - 6:58 am
Regions Bank launched the Birmingham Black-Owned Business initiative, led by Kendra Key, who recently joined the bank as senior vice president in its community affairs division. The initiative is designed to support more Black-owned businesses in Birmingham, AL, where Regions is headquartered. read more
APR 7, 2023 - 7:06 am
NETSOL Technologies earned the AWS CloudFormation Service Delivery Qualification for its expertise in deploying and managing infrastructure on the AWS Cloud using CloudFormation. read more
APR 7, 2023 - 6:57 am