DLL has provided Circular Plastics Australia (PE) a $23.5 million funding line to purchase sorting, washing and extruding (melting and forming) equipment for its mixed plastics recycling plant in Laverton, Australia. read more

JUL 14, 2022 - 7:51 am

Channel completed its first equipment finance securitization, a $163 million issuance of asset-backed notes collateralized by a diverse portfolio of equipment receivables. read more

JUL 13, 2022 - 7:30 am

Onset Financial funded Q3 with $235 million in year-to-date fundings, putting the company on track to exceed its annual funding goals again, despite months of strenuous market conditions. read more

JUL 13, 2022 - 7:28 am

CIT’s Maritime Finance business provided $80 million to refinance two Korean-built container ships operated by Seamax. read more

JUL 13, 2022 - 7:26 am

Horizon Technology Finance and Trinity Capital provided an additional $20 million venture loan to Nexii Building Solutions, a green construction company that designs and manufactures low carbon buildings and products. read more

JUL 13, 2022 - 7:25 am

Utica Equipment Finance completed five transactions totaling $8.13 million in the month of June. read more

JUL 13, 2022 - 7:22 am

Zuora, a cloud-based subscription management platform provider, and BNP Paribas Leasing Solutions closed a partnership to offer new usage-based solutions for professional equipment. read more

JUL 13, 2022 - 7:20 am

AP Equipment Financing funded $78.8 million in Q2/22, marking a 68% increase from Q2/21. Additionally, in the month of June, AP posted a funding volume of $29.1 million. read more

JUL 12, 2022 - 7:27 am

According to a new survey of supply chain executives by Carl Marks Advisors, in partnership with SupplyChainBrain, more than half of all respondents don’t expect a return to a more normal supply chain until the first half of 2024 or beyond. read more

JUL 12, 2022 - 7:23 am

According to the latest Manufacturing ISM Report on Business, economic activity in the manufacturing sector grew in June, with the overall economy achieving a 25th consecutive month of growth despite the Manufacturing PMI falling to its lowest level since June 2020. read more

JUL 11, 2022 - 7:12 am

North Mill Equipment Finance reported an all-time high in funding volume for the company in Q2/22, as funded volume surged to $147 million, up 34% from Q1/22 and up 108% from Q2/22. Additionally, North Mill set a new monthly company record for funded volume in June at $55 million. read more

JUL 8, 2022 - 7:30 am

According to a new article published in the Journal of Equipment Lease Financing, the equipment leasing and finance industry will likely feel significant effects from rising inflation and the Fed’s actions to fight it. read more

JUL 8, 2022 - 7:23 am

Divergent Technologies, a company that developed a digital production system for industrial-scale manufacturing, closed a new $60 million venture loan facility led by Horizon Technology Finance and a new $20 million revolving line of credit provided by Bridge Bank. read more

JUL 8, 2022 - 7:20 am

Amur Equipment Finance reported strong origination growth in Q2/22, with volume increasing 85% year over year in comparison with Q1/21, driven by a company record number of processed applications. Amur also set a company record for total originations in the first half of the year. read more

JUL 7, 2022 - 7:39 am

Pivotal Capital, a wholly-owned subsidiary of Axis Auto Finance, secured $55 million in funding facilities from Mitsubishi HC Capital Canada. Pivotal Capital will use the facility to finance and purchase the payment receivables generated from commercial finance contracts. read more

JUL 7, 2022 - 7:37 am