Key Equipment Finance is serving as lead arranger for $335 million in total financing for a pair of liquefied natural gas fueled containerships for Pasha Hawaii. read more
AUG 3, 2022 - 7:13 am
Fleet Advantage delivered more than 4,000 new and used trucks this past fiscal year and expanded its customer base by 25% over the last 12 months. The company also continued its focus on helping fleets reduce their carbon emissions over the last 12 months. read more
AUG 3, 2022 - 7:09 am
Audax Private Debt and Adams Street Partners provided a senior secured credit facility to support US Med-Equip’s acquisition of Freedom Medical, a provider of rental medical equipment and related outsourced support services to hospitals and long-term care centers throughout the United States. read more
AUG 3, 2022 - 7:07 am
CIT’s power and energy business served as sole lead arranger of financing for the development of Swell Energy’s pipeline of new behind-the-meter commercial energy storage projects in California. read more
AUG 3, 2022 - 7:06 am
Monitor, the leading source of news and content for the equipment finance industry, will celebrate its 50th anniversary with a gala event at the National Constitution Center in Philadelphia on June 15, 2023, from 6-10 p.m. EST. read more
AUG 2, 2022 - 7:32 am
North Mill Equipment Finance, an independent commercial equipment lessor headquartered in Norwalk, CT, reached the $1 billion mark in total originations since its recapitalization by an affiliate of Wafra Capital Partners four years ago. read more
AUG 2, 2022 - 7:27 am
STRIPES Leadership Program, the professional and personal leadership development program designed to inspire best-in-class leaders within equipment finance, will host introduction sessions to showcase the program and engage in interactive Q&As throughout August. read more
AUG 2, 2022 - 7:25 am
CIT, a division of First Citizens Bank, provided a loan to TruAmerica Multifamily for the acquisition of The Park at Napoli Apartments in Winter Park, FL. read more
AUG 2, 2022 - 7:20 am
TopMark Funding, a funding destination for commercial vehicle dealerships and small to mid-sized fleets, marked another company-record-breaking quarter in Q2/22 that included a 30% increase in the amount funded compared with Q1/22. read more
AUG 1, 2022 - 7:34 am
Crestmark Equipment Finance provided $18,865,360 in 17 new large-ticket transactions and $7,174,032 in 67 new small-ticket vendor transactions in June. read more
AUG 1, 2022 - 7:32 am
DigniFi, a financial technology platform for the automotive industry, entered a new partnership with asset manager Brigade Capital Management, which will provide bridge funding to support DigniFi’s growth. read more
AUG 1, 2022 - 7:25 am
F.N.B. entered its next phase of strategic expansion in Virginia, including further growth of its retail network in the greater Washington, D.C., area and plans to extend its commercial banking operations into Richmond, VA, with a new loan origination center. read more
JUL 29, 2022 - 7:23 am
Mitsubishi HC Capital America’s work truck finance division reached a milestone of $1 billion in originations this week. The company reached this achievement with record volume of $112 million in the quarter ending June 30. read more
JUL 28, 2022 - 7:27 am
Wintrust Specialty Finance, a division of Beverly Bank & Trust Company, has exceeded $1 billion in funded contracts in its first three years by earning market share with equipment vendor partners and supporting independent lessors’ liquidity needs through portfolio purchases. read more
JUL 28, 2022 - 7:25 am
Encina Private Credit expanded its capital base with $500 million in incremental capital commitments. In connection with the significant expansion of its capital base, Encina Private Credit also hired Michael Hensinger as its president and chief commercial officer. read more
JUL 28, 2022 - 7:21 am