Vmo Aircraft Leasing closed a five-year, $600 million senior secured warehouse facility. Credit Suisse Securities and Natixis Corporate and Investment Bank are the co-structuring agents and joint lead arrangers of the facility. UMB Bank is the administrative agent and the security trustee. read more
DEC 7, 2021 - 6:16 am
Aircastle closed a $100 million senior unsecured revolving credit facility with Mizuho Marubeni Leasing America, a wholly-owned subsidiary of Mizuho Marubeni Leasing based in the United States. The facility expires in November 2023. read more
DEC 7, 2021 - 6:13 am
Compensation in the equipment finance industry was relatively flat in 2020, according to the 2021 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association. read more
DEC 6, 2021 - 6:21 am
Fortune and Great Place to Work named First American Equipment Finance one of the 2021 Best Workplaces for Parents. This is First American’s first time being named to this list, with the company coming in 49th place. read more
DEC 6, 2021 - 6:18 am
The Greenbrier Companies received new orders for 6,200 railcar units with a combined value of $670 million during the first fiscal quarter that began on Sept. 1. Greenbrier also received orders to rebody 1,400 railcars as part of its railcar conversion program. read more
DEC 3, 2021 - 6:02 am
Verdant Commercial Capital moved its headquarters to a new location in Cincinnati. read more
DEC 3, 2021 - 5:59 am
Denis Stypulkoski, founder and principal of Reimagine Advisors, will lead a Master Workshop titled Innovation Begins with Leadership — Enabled through Culture & Fueled by Curiosity for STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within the equipment finance industry in partnership with Monitor. read more
DEC 2, 2021 - 6:19 am
The Equipment Leasing and Finance Association will conduct a webinar on Dec. 15 outlining the latest information and practical tips concerning commercial financing disclosure laws that are slated to take effect in 2022 in New York and California. read more
NOV 30, 2021 - 6:27 am
CIT’s power and energy business served as coordinating lead arranger on nearly $210 million in financing for a solar project in Brazoria County, TX. read more
NOV 30, 2021 - 6:17 am
According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry for October was $10.7 billion, up 16% year over year from new business volume in October 2020. read more
NOV 23, 2021 - 6:08 am
Equipment Finance Cares held an event last week at Regents Capital’s headquarters in Costa Mesa, CA. More than 45 equipment finance professionals representing 30 different organizations attended the event. read more
NOV 23, 2021 - 6:04 am
Ritchie Bros. sold more than 3,300 equipment items and trucks for more than 375 consignors, generating more than $45 million in gross transaction value at its final auction in Orlando, FL, in 2021. read more
NOV 23, 2021 - 6:00 am
Utica Leaseco and Utica Equipment Finance completed three transactions totaling $2.74 million between Nov. 15 and Nov. 19, including a $1.3 million capital lease secured by machinery and equipment to a multi-location coal mining company. read more
NOV 22, 2021 - 6:40 am
Solifi (formerly IDS), a financial technology software partner for secured finance companies, has secured 11 new customers and 14 ‘go-lives’ so far in 2021. read more
NOV 19, 2021 - 6:51 am
First American Equipment Finance opened its new headquarters in Victor, NY, on Nov. 1. Since 1999, First American’s headquarters were located in Fairport, NY. read more
NOV 19, 2021 - 6:39 am