Wingspire Capital provided more than $700 million in senior secured financing commitments in 2022, bringing its total to $3 billion in its third year of operations. read more

FEB 9, 2023 - 7:18 am

Avolon reported that in 2022 it increased revenue by 9% year over year to $2.337 billion and adjusted net income by 438% to $253 million, excluding impacts in Russia. The company also achieved a 35% increase in operating cash flow to $1.2 billion. read more

FEB 9, 2023 - 7:15 am

First Citizens Bank's healthcare finance group, part of the CIT division, provided $31.2 million to Montecito Medical Real Estate to finance the acquisition of a cancer treatment center in Columbia, SC. read more

FEB 9, 2023 - 7:13 am

Syndifi, the cloud-based syndication software provider built specifically for the equipment finance industry, partnered with Dext Capital, which will use Syndifi’s platform to digitize its overall loan syndication processes. read more

FEB 8, 2023 - 7:08 am

Solifi released the latest version of its asset-based lending (ABL) software, which includes several new and enhanced features designed to improve both the lender and borrower experiences. read more

FEB 8, 2023 - 7:06 am

APPROVE updated its platform to enable qualifying buyers to receive automated financing approvals in a matter of seconds. APPROVE’s API allows lenders that wish to participate to link to this automated technology. read more

FEB 8, 2023 - 7:01 am

Small business loan approval percentages at big banks slipped again, falling from 14.5% in December to 14.4% in January 2023, according to the latest Biz2Credit Small Business Lending Index. However, approval rates at small banks and non-bank lenders improved. read more

FEB 8, 2023 - 7:00 am

Wintrust Specialty Finance, a division of Beverly Bank & Trust Company, a Wintrust Community Bank, closed the books on a banner year in 2022 headlined by more than $625 million in new originations. read more

FEB 8, 2023 - 6:58 am

Summit Funding Group, a provider of equipment leasing and financing solutions based in Mason, OH, celebrated its 30th anniversary. The celebration included a gala held at Cincinnati Music Hall. read more

FEB 7, 2023 - 7:17 am

ENGS Commercial Finance integrated Notarize into its fintech platform. Through Notarize, ENGS customers can schedule their closings 24 hours per day, six days per week. read more

FEB 7, 2023 - 7:14 am

SLIM Capital reported a 39.6% increase in its average amount funded and an overall funding volume increase of 5.91% in 2022 compared with 2021.  read more

FEB 7, 2023 - 7:13 am

TopMark Funding closed 2022 with 92% year-over-year revenue growth while holding margins. Despite the economic headwinds and challenges in the transportation market, TopMark garnered impressive numbers in Q4/22, exceeding its Q4/21 revenue by 25%. read more

FEB 7, 2023 - 7:09 am

Quipli, a provider of software for the equipment rental market based in Atlanta, raised $3.5 million from Boundless Venture Co, a venture studio based out of Oakland, CA.  read more

FEB 7, 2023 - 7:07 am

Unifi Equipment Finance, a provider of equipment financing solutions for small to medium-sized businesses, has surpassed $1.5 billion in new originations. read more

FEB 6, 2023 - 7:22 am

NETSOL Technologies, a global business services and enterprise application solutions provider, announced it became an API gateway delivery partner with Amazon Web Services (AWS). read more

FEB 6, 2023 - 7:14 am