MidCap Financial completed an acquisition of a significant portion of Sector Financial’s managed healthcare asset-based lending portfolio, totaling more than $500 million in commitments and more than $300 million in funded assets. read more

FEB 28, 2023 - 7:17 am

Stonebriar Commercial Finance closed a $22 million sale and leaseback on a new manufacturing plant and associated equipment that has the capacity to produce 100 million pounds of protective coating for the automotive original equipment manufacturer and aftermarket space. read more

FEB 27, 2023 - 7:04 am

Arvest Bank launched its first product running on cloud-native core banking technology provided by Thought Machine. The equipment finance lending product, which launched in October 2022, was built, tested and delivered by Arvest in fewer than nine months. read more

FEB 27, 2023 - 7:00 am

Clarus Capital completed a new $35 million sale and leaseback facility for a sponsor-backed transportation service provider. The financing proceeds supported M&A activity and liquidity as the client continues to execute growth initiatives. read more

FEB 27, 2023 - 6:58 am

LINKBANCORP, parent company of LINKBANK, and Partners Bancorp entered into a definitive agreement under which the companies will combine in an all-stock combination, valued at approximately $167.8 million, based on LINK's 10 day volume-weighted average price of $8.08 as of Feb. 21. read more

FEB 27, 2023 - 6:57 am

TD Bank Group received all regulatory approvals required under its merger agreement to complete TD's acquisition of Cowen. With this step completed, TD expects the acquisition to close on March 1, subject to the satisfaction of other customary closing conditions. read more

FEB 27, 2023 - 6:55 am

First Citizens Bank rebranded its vendor equipment financing business from CIT Business Capital to First Citizens Bank Equipment Finance. read more

FEB 24, 2023 - 7:32 am

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for January was $8.8 billion, up 6% year over year from new business volume in January 2022. read more

FEB 24, 2023 - 7:13 am

Corcentric Capital Equipment Solutions established an equipment finance funding agreement with Customers Commercial Finance, an equipment leasing and finance firm based in Portsmouth, NH. read more

FEB 24, 2023 - 7:11 am

Verdant Commercial Capital’s increased its primary warehouse line of credit, led by Wells Fargo Bank, to $225 million with the addition of Regions Bank as a participant in the lending group. read more

FEB 24, 2023 - 7:09 am

Gridium, a decarbonization partner to real estate firms, received more than $14 million in funding from investors, while Mitsubishi HC Capital America will provide the company with a $10 million revolving debt financing facility. read more

FEB 24, 2023 - 7:04 am

Utica Equipment Finance completed a $1.8 million capital lease for a licensed wholesale manufacturer of small caliber ammunition, small arms and tactical equipment on an international and domestic level. read more

FEB 24, 2023 - 7:02 am

LeasePoint Funding Group originated more than $100 million in new business in 2022, marking its third consecutive year of double-digit growth. read more

FEB 23, 2023 - 7:20 am

According to a report from Global Jet Capital, thanks to improving flight operations and increased aircraft listings and transaction activity compared with pre-pandemic levels amid a stabilizing pricing environment, 2022 was a strong year for the business jet market. read more

FEB 23, 2023 - 7:18 am

Leasepath reported another year of growth in 2022, marking the third consecutive year of total revenue growth at or above 45% annually. read more

FEB 23, 2023 - 7:16 am