Industry

Black Equipment Finance Network Awards Scholarships to HBCU Students for CLFP Program

The Black Equipment Finance Network, a national networking organization of equipment finance professionals, awarded its inaugural scholarships to two students from Historically Black Colleges and Universities. The scholarship program is part of a collaborative effort between the Certified Lease & Finance Professional Foundation and Cisco Capital. read more

Macquarie Group to Provide $100MM in Funding to NG Energy International

NG Energy International entered into a definitive credit and guarantee agreement with Macquarie Group for a financing of up to $100 million of which $50 million is committed funding. read more

Northteq’s Aurora Platform Powers ElmBlue Capital’s Equipment Finance Launch

Northteq, a provider of Salesforce loan origination solutions, supported the launch of ElmBlue Capital, an emerging lender in the equipment finance market. read more

BankFinancial Expands Board of Directors and Enters Standstill Agreement

BankFinancial expanded its board of directors with the election of Aaron O’Connor and Benjamin Mackovak. On Feb. 7, 2024, BankFinancial, Strategic Value Bank Partners, Strategic Value Investors and Mackovak agreed to a standstill agreement. read more

Full Skope Deploys Loan Origination Solution for Sage Creek Capital

Full Skope successfully rolled out its SkopeLend platform at Sage Creek Capital, an equipment finance company led by Ethan Keeler. read more

Central Valley and Community West Receive Shareholder Approval for Merger

Shareholders approved the merger of Community West with and into Central Valley, with Central Valley as the resulting company, and Community West Bank with and into Central Valley Community Bank. The decision was made at special meetings held on Feb. 8, 2024. read more

STRIPES Leadership Program Celebrates 18 Leaders During Certification Ceremony

STRIPES Leadership Program celebrated 18 STRIPES leaders on Feb. 6 during its commencement ceremony, which included an inspiring keynote address titled “Your Journey Toward Transformative Leadership,” delivered by Bill Stephenson, global CEO of PEAC Solutions. read more

360 Equipment Finance Scales with GreatAmerica Portfolio Services Group

360 Equipment Finance signed on with GreatAmerica Portfolio Services Group, a lease and loan service provider specializing in third-party servicing, to service its portfolio as the company scales. read more

Fleet Advantage Reports More Than $1B in Syndicated Lease Volume in Last 12 Months

Fleet Advantage, a provider of specialty financing, fleet data analytics, fleet management services and life cycle cost management, reported multiple corporate milestones from the last 12 months, including surpassing $1 billion in syndicated lease volume. read more

First Citizens Bank Provides $37MM to Refinance Medical Office Building

First Citizens Bank’s healthcare finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, AL. read more

Trinity Capital Provides $20MM in Equipment Financing to Formlogic

Trinity Capital committed $20 million in equipment financing to Formlogic, a provider of autonomous precision manufacturing services intended for space companies. read more

Asset Compliant Solutions Achieves SOC-2 Type 2 Certification

Asset Compliant Solutions (ACS), a provider of asset-based lending and lease finance solutions, completed a Service Organization Control (SOC) 2 Type 2 audit. read more

Tamarack Technology Enhances Functionality of TrailView Customer Service Portal

Tamarack Technology released enhancements to its TrailView Customer Service Portal, including administrative and account management upgrades. read more

Amembal to Host Free Webinar on Feb. 13 Detailing Benefits of Finance and Operating Leases

Sudhir Amembal, chairman and CEO of Amembal & Halladay, will be conducting a free webinar on Feb. 13 at 12 p.m. ET. The approximately 60-minute webinar will enable attendees to understand all the benefits of finance and operating leases, learn how best to gauge customer needs and more. read more

First Citizens Bank Provides $22.5MM for Orlando Ambulatory Surgery Center

First Citizens Bank provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, FL. The center will have six operating rooms and 23 beds and will provide outpatient surgical services. read more

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