Industry

Honour Capital Provides $26MM+ in Financing for Agriculture Business in Western U.S.

Honour Capital provided financing of more than $26 million to an agriculture business in the western United States to purchase combines, sprayers, spreaders, chemical tanks, trucks, RoGators and other equipment. read more

TD Bank Invests $5MM in Citizens Trust Bank, a Black-Owned Minority Depository Institution

TD Bank invested $5 million in equity investments in Citizens Trust Bank in Atlanta to help expand opportunities for minority businesses and further its expansion into the region.  read more

Monitor Launches W, a Monitor Suite Series Focused on Women in Equipment Finance

Monitor, the leading source of news for the equipment finance industry, has introduced Monitor W as part of Monitor Suite, the preeminent subscription platform for exclusive, premium equipment finance industry content. read more

Mitsubishi HC Capital America and ACT Research Launch Video Series

Mitsubishi HC Capital America and ACT Research are partnering on a four-part weekly video series, “A Conversation with ACT Research,” designed for commercial truck dealers, upfitters and end-users. read more

EquipmentShare Releases “The Safety-First Equipment Yard”

EquipmentShare released a white paper for construction equipment professionals, “The Safety-First Equipment Yard,” describing company and industry best practices for designing, organizing and operating equipment yards in a safe manner. read more

KBRA Examines 2023 Forecasts and Trends

Kroll Bond Rating Agency released its 2023 ABS Sector Outlook, examining key trends from 2022 and providing forecasts for 2023. read more

Stonebriar Commercial Finance Closes $75MM Sale and Leaseback for Beverage Company

Stonebriar Commercial Finance closed a $75 million sale and leaseback of beverage production and packaging equipment for a co-manufacturer of high-growth beverages in the United States. read more

TimePayment Raises Approval Limit to $25K

TimePayment, a financial technology company specializing in commercial and specialty equipment lease financing, raised its limit for automated approvals for qualified lessees from $15,000 to $25,000. read more

Equipment Finance Cares Hosts More Than 40 Professionals at Latest Event

Equipment Finance Cares held its last event of 2022 at Blue Street Capital’s new office location in Huntington Beach, CA. The event hosted more than 40 equipment finance professionals from 25 different organizations.  read more

Penske Truck Leasing and DTNA Celebrate Delivery of 2 Freightliner eCascadias

Penske Truck Leasing and Daimler Truck North America celebrated the delivery of two battery electric production model Freightliner eCascadia semi-trucks. read more

Mitsubishi HC Capital America Closes $20MM Supply Chain Facility for IT Provider

Mitsubishi HC Capital America entered into a $20 million facility to provide supply chain financing for an IT value-added reseller (VAR) serving the life sciences sector. read more

Supply-Demand Balance Increases as Freight Rates Decline

According to ACT Research’s recent release of the For-Hire Trucking Index, the supply-demand balance increased as volumes ticked up and freight rates continue to decline. read more

CLFP Foundation Adds 20 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 20 individuals recently passed the eight-hour online proctored CLFP exam to earn their CLFP designation. read more

The Washington Trust Company Expands Commercial Lending Office in Connecticut

The Washington Trust Company, a financial service company, expanded its Connecticut presence with the opening of a commercial lending office adjacent to its Washington Trust Wealth Management office. read more

Equipment Finance New Business Volume Rises 6% Y/Y in October

According to Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), new business volume in the equipment finance industry for October was $11.3 billion, up 6% year-over-year from new business volume in October 2021. read more

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