PGT Trucking, a multi-service transportation firm offering flatbed, dedicated, international and specialized services, selected Penske Truck Leasing as its provider of choice for comprehensive fleet maintenance solutions. read more

SEP 23, 2022 - 7:47 am

Generational Equity, a mergers and acquisitions advisor for privately held businesses, advised Tall Crane Equipment in its sell to Alimak Group. The transaction closed on Aug. 24, 2022. read more

SEP 23, 2022 - 7:43 am

CIT Northbridge Credit provided financing to Mohawk Fine Papers, a privately held premium paper manufacturer in North America. The financing will be used to refinance existing debt and provide working capital for future endeavors. read more

SEP 23, 2022 - 7:39 am

Wheels Donlen, a fleet financing company backed by Apollo, launched a new equipment finance platform, Capertis Capital. read more

SEP 22, 2022 - 7:36 am

Mitsubishi HC Capital Canada reached $2 billion in financing assets. The company reached its first $1 billion in the span of 39 years, while the next $1 billion was earned within the past four years. read more

SEP 22, 2022 - 7:25 am

Equipment Finance Cares hosted an event on Sept. 20 in Plymouth Meeting, PA, at Auxilior Capital Partners’ headquarters. The event included panels on the human side of leasing and best practices, with Lovern Gordon of the Love Life Now Foundation serving as a featured speaker. read more

SEP 21, 2022 - 7:53 am

4 Hour Funding, an equipment finance company based in Plano, TX, launched its Hourglass mobile app for broker partners. The Hourglass mobile app is designed to provide approved 4 Hour Funding broker partners complete control of their transactions and real-time updates on each of their deals. read more

SEP 21, 2022 - 7:51 am

FIS, a global technology provider for the U.S., UK and European auto and equipment finance sector, topped IDC’s 2022 ranking for fintech companies. FIS unseated Fiserv, a U.S. payments company, which held the top spot in the rankings previously. read more

SEP 21, 2022 - 7:50 am

According to data released by the Secured Finance Network (SFNet), asset-based lenders proved resilient in the second quarter despite the economic pain of surging inflation and rising interest rates. read more

SEP 21, 2022 - 7:45 am

Inovatec Systems, a provider of a cloud-based software solutions for lenders, partnered with Jericho Information Technology, a provider of advanced data analytics solutions, to offer lenders “Inovatec Data Insights Powered by Jericho Analytics.” read more

SEP 20, 2022 - 7:34 am

LeaseWorks, a provider of cloud-based solutions and services to the aviation industry, deployed its Aeris Asset software with Novus Aviation Capital to support the day-to-day management of the Dubai-based lessor’s global leasing operations. read more

SEP 20, 2022 - 7:29 am

CIT Healthcare Finance provided $110 million in senior secured credit facilities to Quipt Home Medical. The financing consists of a delayed draw term loan and a revolving credit facility. read more

SEP 20, 2022 - 7:27 am

The Certified Lease & Finance Professional Foundation announced during its Annual CLFP Day virtual celebration that Bob Teichman, Bob Fisher and John Rosenlund were honored with lifetime membership awards. read more

SEP 19, 2022 - 7:53 am

QuickFi received the Best SMB/SME Banking Solution award at the 2022 Finovate Awards by Finovate, a global fintech event series and digital engagement platform. read more

SEP 19, 2022 - 7:51 am

According to Randstad Sourceright’s 2022 Talent Trends banking and financial services sector report, 49% of leaders in the banking and financial services industry report talent scarcity for IT skills while only 41% said their hiring practices supported their diversity goals last year. read more

SEP 19, 2022 - 7:48 am