Northteq’s January Product Release Delivers Enhanced Lending and Pricing Solutions

Northteq, a provider of Salesforce loan origination solutions, unveiled a range of new features and enhancements in its January product release, including expanded product and pricing offerings and vendor and partner portal advancements. read more

Gibraltar Equipment Finance Extends $1.75MM to Sponsor-Backed Electric Services Company

Gibraltar Equipment Finance closed a $1.75 million equipment lease to support an electric utility infrastructure services company. The new capital equipment facility will support the company’s recent geographical footprint expansion. read more

Citi and LuminArx Capital Announce the Launch of Private Lending Vehicle

Citi and LuminArx Capital announced the launch of Cinergy, a financing vehicle in the private lending market. Launched by LuminArx Capital, Cinergy will offer a range of private credit solutions to companies, including Citi’s global client base. read more

MMP Capital Sets Company Record with More Than $358MM in Originations in 2023

MMP Capital reported that it recorded $44 million in originations in December and $110 million in Q4/23 alone, leading to a company-record of more than $358 million in originations in 2023. read more

Griffin Global Asset Management Upsizes Unsecured Revolving Credit Facility to $575MM

Griffin Global Asset Management Holdings added Truist Bank with a $50 million commitment into its unsecured revolving credit facility. This transaction closed on Dec. 29, 2023, and increases the amount available in the facility to $575 million. read more

IT Asset Disposition Provider EPC Expands Footprint in Southeast

Information technology asset disposition provider EPC, a subsidiary of CSI Leasing, expanded its footprint in the Southeast U.S. in order to accommodate its growing service offering. read more

Commercial Capital Company Exceeded $165MM in Equipment Costs Financed in 2023

Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, exceeded its 2023 goal of $165 million in annual equipment costs financed. read more

Leasepath Announces 6 Employees Earned CLFP Certification in 2023

Leasepath, a technology provider for the equipment finance industry, announced that six of its employees earned their Certified Lease & Financial Professional certification in 2023, including Bilal Alam and Adnan Arif, who became the first-ever certified CLFPs in Pakistan. read more

ELFA Unveils Top 10 Equipment Acquisition Trends for 2024

The Equipment Leasing and Finance Association revealed its Top 10 Equipment Acquisition Trends for 2024, including projections of 1.7% growth in real U.S. GDP and 2.2% growth in real equipment finance software investment. read more

Mitsubishi HC Capital Canada to Provide FMV Leasing to Material Handling OEM

Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, signed a fair market value (FMV) lease program for a global original equipment manufacturer in the material handling industry. read more

Verdant Commercial Capital Funds EDPR NA Distributed Generation Finance’s Solar Projects

Verdant Commercial Capital completed the funding of the last of a portfolio of solar projects that were launched by EDPR NA Distributed Generation (EDPR NA DG) in a series of sale-leaseback transactions for distributed generation solar projects in the U.S. read more

Alfa Launches Originations for US Auto Finance Market

Alfa introduced Total Capability, the second of six releases that will culminate in the full launch of Alfa Systems 6, an iteration of the Alfa Systems software platform later this year. Total Capacity introduced Total Originations for the U.S. auto finance market. read more

Clarus Capital Closes $5MM Loan Facility for Sponsor-Backed Health Diagnostics Provider

Clarus Capital completed a new $5 million loan facility for a sponsor-backed health diagnostics provider. The funding proceeds replenished liquidity the client utilized to acquire new lab testing equipment. read more

GATX Selects ZTR’s PIVOT Railcar Monitoring Solution to Enhance Railcar Leasing

Rail technology company ZTR signed an agreement with railcar leasing company GATX to install ZTR's advanced and newly available railcar remote monitoring solution, PIVOT, on railcars in GATX's North American railcar fleet that will be equipped with telematics solutions. read more

ELFA Releases Agenda for 2024 Equipment Management Conference

The Equipment Leasing and Finance Association released the agenda for the 2024 Equipment Management Conference & Exhibition, which will be held March 10-12 in New Orleans, including sessions evaluating current market conditions, networking opportunities and more. read more

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