According to the latest Biz2Credit, small business loan approval percentages at big banks slipped again in February, falling from 14.4% in January to 14.2%. This marks the ninth consecutive month in which big bank approval percentages have declined. read more

MAR 15, 2023 - 7:01 am

Utica Equipment Finance completed three transactions totaling $10.15 million in the first week of March for construction and material handling equipment companies. read more

MAR 15, 2023 - 6:59 am

Mitsubishi HC Capital Canada completed its inaugural United Way campaign, donating $77,000 to the organization through employee contributions and company-matching funds. read more

MAR 14, 2023 - 7:09 am

Ritchie Bros. sold more than 5,100 items from three locations in its recent Rocky Mountain regional event, generating more than $52 million in gross transaction value. read more

MAR 14, 2023 - 7:07 am

Encina Equipment Finance changed its name to Post Road Equipment Finance. The company has revamped and redesigned its website to incorporate the new company name. read more

MAR 13, 2023 - 7:39 am

XCMG Excavator, a subsidiary of Xuzhou Construction Machinery Group, will exhibit its most expansive line up of excavator products to date at CONEXPO-CON AGG in Las Vegas. The trade show will be held at the Las Vegas International Convention Center from March 14 to 18. read more

MAR 13, 2023 - 7:31 am

Ritchie Bros. sold more than 5,500 equipment items, trucks and vehicles at its site in Edmonton, AB, generating more than C$72 million (more than $52 million) in gross transaction value. read more

MAR 13, 2023 - 7:30 am

Liventus selected Consult Disrupt, a consulting organization that supports equipment finance organizations with day-to-day operations and technology related projects, to help expand its service offering. read more

MAR 13, 2023 - 7:26 am

Manitex International, an international provider of truck cranes, specialized industrial equipment, and construction equipment rental solutions to infrastructure and construction markets, launched the ECSY-Electric Crane System in conjunction with opening day of CONEXPO-Las Vegas. read more

MAR 13, 2023 - 7:25 am

Liventus received certification as a Great Place to Work for the year 2023-2024. This prestigious recognition highlights Liventus' commitment to building a positive, inclusive and engaging workplace. read more

MAR 13, 2023 - 7:22 am

Embraer closed a $200 million credit facility to finance purchases from direct suppliers in the United States. Citibank is providing the financing, which is guaranteed by the Export-Import Bank of the United States. read more

MAR 10, 2023 - 7:19 am

DLL was recognized for strategically investing in benefits, compensation and employee communication to support the health, financial security and career growth of its employees at a sustainable cost structure in Gallagher’s 2022 U.S. Benefits Strategy & Benchmarking Survey. read more

MAR 9, 2023 - 7:13 am

Solifi released the latest version of Solifi Originations for equipment and automotive finance lenders in North America. The newest version implements features that enable multiple automated advancements designed to enhance the customer and borrower experience. read more

MAR 8, 2023 - 7:08 am

MidCap Equipment Finance originated $85 million in new equipment leases in 2022. Midcap provided financing for manufacturing equipment, automobiles, construction equipment, transportation equipment and aircraft. read more

MAR 8, 2023 - 7:03 am

Vmo Aircraft Leasing upsized and extended its warehouse credit facility to $1.225 billion. UMB is the administrative agent and security trustee for the facility, while Natixis CIB led the upsize. read more

MAR 8, 2023 - 6:58 am