The Chicago Tribune awarded ENGS Commercial Finance a Top Workplace 2022 honor as one of the most dynamic businesses in the Chicagoland area. The recognition is based on anonymous employee feedback gathered through a third-party survey administered by Energage. read more

DEC 15, 2022 - 7:04 am

ACT Research released the December installment of the ACT Freight Forecast, U.S. Rate and Volume OUTLOOK report. read more

DEC 15, 2022 - 7:03 am

According to the Equipment Leasing and Finance Association’s recently released compensation report, the five highest paid positions in the equipment finance industry are CEO/president, CFO, head of sales, senior sales representative and team leader. read more

DEC 14, 2022 - 6:55 am

Tamarack Technology, a provider of artificial intelligence-based automation and business intelligence software designed for the equipment finance industry, obtained SOC 2 Type 1 compliance for its suite of AI products and its protection of client data. read more

DEC 14, 2022 - 6:49 am

Utica Equipment Finance completed six transactions totaling $11.78 million in November, including a $7.5 million refinance secured by machinery and equipment for a technology company located in California. read more

DEC 14, 2022 - 6:43 am

Solifi, a financial technology software partner for the secured finance industry, released the latest version of Solifi Originations for European equipment and automotive finance lenders. read more

DEC 13, 2022 - 7:24 am

Grant Capital Management provided a $460,000 equipment finance lease to the Revenue Authority of Prince George’s County in Maryland. read more

DEC 13, 2022 - 7:21 am

TIP Group increased its existing borrowing base financing to $1.47 billion and created a $79.08 million green revolving borrowing base facility. Rabobank and ABN AMRO Bank acted as joint coordinators, active bookrunners and joint sustainability coordinators on the transaction. read more

DEC 13, 2022 - 7:20 am

The Certified Lease & Finance Professional Foundation announced that 17 individuals recently passed the eight-hour online proctored CLFP exam. read more

DEC 12, 2022 - 7:30 am

Ritchie Bros. closed an amendment to its credit agreement with a syndicate of lenders to support the closing of its proposed merger with IAA. BofA Securities, RBC Capital Markets, Goldman Sachs and Wells Fargo Securities served as joint bookrunners for the agreement. read more

DEC 12, 2022 - 7:28 am

Ryder System, a supply chain, dedicated transportation and fleet management solutions company, released a new drop-and-hook trailer service to complement its freight brokerage business. read more

DEC 12, 2022 - 7:15 am

Northteq, a provider of Salesforce loan origination solutions, released its new commercial lending disclosure application, Disclosure Direct for Salesforce. It is now available for commercial and equipment finance lenders. read more

DEC 9, 2022 - 7:16 am

Tamarack Technology released the third and final whitepaper in a series examining the application of artificial intelligence (AI) in the equipment finance industry. read more

DEC 9, 2022 - 7:15 am

The asset-based lending business of CIT, a division of First Citizens Bank, provided a $35 million revolving credit facility to Utopia Deals. read more

DEC 9, 2022 - 7:12 am

CIT Northbridge Credit, as advised by CIT Asset Management, served as agent on a $27.78 million credit facility for Applied Optoelectronics, a provider of fiber-optic networking products. read more

DEC 9, 2022 - 7:08 am