Industry

Trinity Capital Expands Headquarters in Phoenix

Trinity Capital expanded its Phoenix headquarters, doubling the total space leased at its corporate headquarters at 1 North 1st St. to 30,000 square feet by expanding to the fourth floor from its existing third floor offices. read more

Hyliion Executes a Letter of Intent to Provide KARNO Generators to GTL Leasing

Hyliion Holdings entered a non-binding letter of intent with GTL Leasing for the deployment of KARNO generators to California as a mobile EV charging solution. read more

Equipment Finance Industry Confidence Steady in December

The Equipment Leasing & Finance Foundation released the December 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), finding that, overall, confidence in the equipment finance market is 42.5, steady with the November index of 42.8. read more

First Citizens Bank Provides $65.2MM in Project Financing to Jupiter Power

First Citizens Bank's energy finance business and Jupiter Power closed on $65.2 million in financing for construction of a 200-megawatt (MW)/400 megawatt-hour (MWh) battery energy storage system in Houston. read more

Rinaldi Advisory Services Donates to and Partners with MedShare

Rinaldi Advisory Services entered a philanthropic partnership with MedShare, a 501c(3) humanitarian aid organization that sources and delivers surplus medical supplies and equipment to communities in need around the world. read more

Apex Commercial Capital Goes Live with Leasepath Enterprise

Apex Commercial Capital has gone live with Leasepath Enterprise, Leasepath’s cloud-first equipment finance lifecycle platform powered by Microsoft Dynamics 365 and the Power Platform. read more

BMO Arranges Green Financing for Trinity College’s Centre for Sustainability

Trinity College secured a labelled green loan for the Lawson Centre for Sustainability. Arranged by BMO, the green loan will be used to finance the construction of the new mass timber, zero carbon, LEED platinum multi-use building. read more

MyMates Finance Becomes First Company to Go Live with Leasepath Enterprise in Australia

Leasepath, a cloud-based software provider for the equipment finance industry, announced that MyMates Finance, an Aspire42 company, is the first customer in Australia to go live with Leasepath Enterprise, Leasepath’s new back-office solution built for customer lifecycle and portfolio servicing. read more

Mitsubishi HC Capital America Provides Supply Chain Financing to 954 Consultants

Mitsubishi HC Capital America partnered with IT networking, cloud and consulting services provider 954 Consultants to provide a supply chain financing solution to support the company’s expansion in the commercial and government sectors. read more

LTi Donates More Than $6.5K to Youth Emergency Services and Love Life Now Foundation

LTi Technology Solutions, a provider of lease and loan cloud technology for equipment and asset finance companies, donated more than $6,500 to Youth Emergency Services (YES) and the Love Life Now Foundation. read more

Bibby Financial Services Chooses Alfa to Boost Support for Clients and Colleagues

Bibby Financial Services, an international SME financier, selected asset finance technology provider Alfa’s preconfigured technology platform for asset finance, Alfa Start, in an effort to improve outcomes for clients and colleagues alike. read more

Fleet Advantage Honored as Most Innovative Company by World Finance Magazine

Fleet Advantage won the 2023 World Finance Innovation Award in the category of the ‘Most Innovative Company in the Transportation Industry from World Finance Magazine. read more

First Citizens Bank Arranges $345MM in Financing for DataBank

First Citizens Bank’s technology, media and telecommunications finance business served as lead arranger of $345 million in financing on behalf of DataBank for construction of a new hyperscale data center in the Atlanta area. read more

Transervice Logistics Earns 2023 Best Places to Work on Long Island Award

Long Island Business News awarded Transervice Logistics its 2023 Best Places to Work on Long Island Award. read more

Oxford Commercial Finance Provides $3.035MM Sale-Leaseback to Alternative Energy Developer

Oxford Commercial Finance provided a $3.035 million sale-leaseback transaction to an alternative energy developer for a public university based in Connecticut. The transaction was for a fuel cell that will provide clean energy to the university. read more

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