Celtic Capital entered into a client relationship with an Arizona- based company that designs and manufactures a complete range of archery equipment for all segments of the sport. The company had broken covenants with its bank and was seeking replacement financing. read more
FEB 3, 2023 - 7:07 am
Clarus Capital completed a new $15 million lease facility for a sponsor-backed aerospace components manufacturer. Financing proceeds will support the acquisition of essential use production equipment to meet new contract growth. read more
FEB 2, 2023 - 7:08 am
Larry LaChance, CLFP, president of Bankers Capital and a board member of the Certified Lease & Finance Professional Foundation, passed away in January, according to a report from Leasing News. read more
FEB 2, 2023 - 7:04 am
NFS Leasing provided a multi-million dollar finance solution to Ziosk, the creator of an entertainment, ordering and pay-on-demand platform for restaurants. read more
FEB 2, 2023 - 7:00 am
Capteris Capital, an equipment finance company supported by the capabilities of Wheels Donlen LeasePlan and MidCap Financial, closed on $14.1 million in equipment assets, facilitating the merger of two middle-market companies in the natural gas industry. read more
FEB 1, 2023 - 7:18 am
Ritchie Bros. will showcase its growing list of insights, services and transaction solutions at CONEXPO-CON/AGG, an equipment tradeshow in North America to be held in March in Las Vegas. read more
FEB 1, 2023 - 7:15 am
Eaton Partners, a wholly-owned subsidiary of Stifel Financial, acted as exclusive placement agent for SKY Leasing and its Sky Fund V (SFV). The fund was oversubscribed at close with approximately $770 million in capital commitments. read more
FEB 1, 2023 - 7:13 am
First Citizens Bank's healthcare finance group, which is part of the CIT division, provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. read more
FEB 1, 2023 - 7:09 am
Ritchie Bros. will host its February auction in Orlando, FL, its premier global event, from Feb. 20 to Feb. 24. The event will feature more than 10,000 items from more than 800 owners, with all items to be sold to the highest bidders regardless of price. read more
JAN 31, 2023 - 7:13 am
Equipment Finance Cares announced dates and locations for its 2023 events. Equipment Finance Cares hosted more than 200 equipment finance professionals from 100 different organizations in 2022. read more
JAN 31, 2023 - 7:12 am
Utica Equipment Finance completed an $8 million capital lease transaction for an equity group owned wood processing company with multiple locations in the South. read more
JAN 31, 2023 - 7:11 am
GATX announced Fitch Ratings assigned the company a BBB+ long-term issuer default rating (IDR) with a stable outlook, a BBB+ senior unsecured debt rating, a F2 short-term IDR and a F2 commercial paper rating. read more
JAN 31, 2023 - 7:10 am
Aircastle increased the size of its unsecured revolving credit facility with Mizuho Marubeni Leasing America to $200 million from $100 million and extended its maturity to January 2025. read more
JAN 31, 2023 - 7:06 am
TCC Financial, the U.S. lending division of Travelers Capital, a Canadian-based asset-based lender, announced the closing of a $30.8 million senior secured term loan facility to support the growth and development needs of a leading heavy equipment rental business headquartered in California. read more
JAN 30, 2023 - 7:18 am
December 2022 net US trailer orders of 57,300 units were nearly 46% higher compared to November and 115% above December 2021, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report. read more
JAN 30, 2023 - 7:15 am