Horizon Funding Trust 2022-1, a newly-formed, wholly-owned subsidiary of Horizon Technology Finance, issued $100 million of notes, which were rated ‘A’ by a rating agency and which are backed by $158 million of secured loans originated by Horizon. read more

NOV 15, 2022 - 7:08 am

Northteq, a provider of Salesforce origination solutions, launched the Aurora Customer Portal. read more

NOV 14, 2022 - 7:23 am

The Canadian Finance and Leasing Association released its Q3/22 and Q4/22 Industry Business Confidence survey results, reporting that 28% of respondents expect new business volumes to decrease and 60% expect overall margins to fall over the next six months. read more

NOV 11, 2022 - 7:26 am

According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks dropped from 14.9% in September to 14.7% in October, marking the lowest total since February. read more

NOV 11, 2022 - 7:25 am

According to a comprehensive business designation study from The ROIG Group, 11% of U.S. banks are currently well-positioned to adopt growth activities. Inversely, the research found that 89% of banks should be focused on other challenges to drive value. read more

NOV 11, 2022 - 7:15 am

Umpqua Bank, a subsidiary of Umpqua Holdings, and Kiva reached its initial goal of $1 million in microloans for its crowdfunding for BIPOC and women entrepreneurs. read more

NOV 10, 2022 - 7:07 am

The Secured Lender, published by the Secured Financen Network, named Cohn & Dussi, a full-service law firm headquartered in Boston, on its Great Places to Work list. read more

NOV 10, 2022 - 7:06 am

Colony Bankcorp, the bank holding company for Colony Bank, named Edward G. “Ed” Canup chief revenue officer and president of banking solutions. read more

NOV 10, 2022 - 7:04 am

The Alta Group was recognized by the Equipment Leasing and Finance Association for marking a 25-year milestone in the association that represents a $1 trillion financial services sector. read more

NOV 9, 2022 - 7:19 am

The CBIZ Small Business Employment Index reported a seasonally adjusted decrease of 1.94% in October. The reading highlighted the emerging weakness in the labor market and showed a decline in hiring for the third-straight month. read more

NOV 9, 2022 - 7:11 am

CDB Aviation entered into a facility agreement for a $650 million secured portfolio financing. The seven-year facility is secured with a portfolio of 15 narrowbody and widebody aircraft. read more

NOV 8, 2022 - 7:36 am

Avtech Capital, a privately-held equipment leasing company based in Salt Lake City, completed a new $75 million revolving credit facility with Capital One. read more

NOV 7, 2022 - 6:57 am

Encina Equipment Finance provided a $15 million lease line to a specialty chemicals company to finance new box and tank trucks. read more

NOV 7, 2022 - 6:53 am

CIT’s power and energy business served as coordinating lead arranger of construction financing for a major new solar energy project in Texas. read more

NOV 4, 2022 - 7:00 am

The Equipment Leasing & Finance Foundation released the Q4 2022 Equipment Leasing & Finance Industry Snapshot. Projections for the U.S. economy predict growth by 1.8% in 2022, after contracting in the first half of the year, mainly due to weaker inventory investments. read more

NOV 3, 2022 - 7:20 am