According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry for May was $9.4 billion, up 16% year over year but down 10% from $10.5 billion on a month-over-month basis. read more

JUN 24, 2022 - 7:40 am

The Portland Business Journal named Dext Capital one of the 100 fastest growing private companies of 2022. Coming in at No. 5 on the list, Dext Capital achieved more than 800% annual revenue growth over the past two years. read more

JUN 24, 2022 - 7:37 am

Generate Capital, a sustainable infrastructure investment and operating platform, provided a strategic growth investment of $500 million to Pine Gate Renewables, a renewable energy developer for utility-scale solar and storage. read more

JUN 24, 2022 - 7:34 am

Verdant Commercial Capital closed on a $75 million subordinated debt facility provided by Värde Partners, an alternative investment firm.  read more

JUN 23, 2022 - 7:43 am

According to SteelEye’s annual Compliance Health Check Report, more than half of U.S. firms (55%) plan to invest more in regulatory technology (RegTech) solutions over the next 12 months to cope with the growing compliance pressures in today’s increasingly complex regulatory and operational landscape. read more

JUN 23, 2022 - 7:43 am

Fifth Third Bank will integrate Celtic Commercial Finance and LaSalle Leasing, which became divisions of Fifth Third in 2019 as part of its merger with MB Financial, as Fifth Third Technology Finance. read more

JUN 22, 2022 - 7:34 am

LeaseQuery, a provider of lease accounting software, achieved ‘Built for NetSuite’ status with its lease accounting product, LeaseQuery for NetSuite. The new SuiteApp, built using the Oracle NetSuite SuiteCloud Platform, helps organizations manage their lease accounting processes. read more

JUN 22, 2022 - 7:28 am

REV Capital launched REV Tech, a new subsidiary whose mission is to democratize the transportation industry’s access to resources. REV Capital appointed Bheesham Singh COO and Akber Abbas chief technology officer for the new subsidiary. read more

JUN 22, 2022 - 7:24 am

According to Ritchie Bros.’ June market trends report, truck tractor prices are up approximately 46% year over year in the United States, but the rate of increase is down six percentage points from last month. read more

JUN 22, 2022 - 7:23 am

FedEx received its first 150 Zevo 600 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is aiming to decarbonize last-mile delivery. The first 150 BrightDrop Zevo 600s were delivered throughout Southern California to FedEx Express. read more

JUN 22, 2022 - 7:22 am

Since Dext Capital launched its Dext Access Real Time (DART) platform in October of 2021, the platform has expanded to include access to vendor partners and brokers as well as the ability to choose SMS or email for DART notifications. read more

JUN 21, 2022 - 7:42 am

According to the Equipment Leasing and Finance Association’s recently released Credit manager and collection manager surveys, expectations for booking volume are strong and credit quality is good despite a slight increase in delinquency, which, along with charge-offs, still remains low. read more

JUN 21, 2022 - 7:40 am

The Star Tribune named Geneva Capital a top workplace in Minnesota. The Star Tribune’s Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions collected via a third-party survey. read more

JUN 21, 2022 - 7:38 am

ENGS Commercial Finance completed an integration with Salesforce’s Tableau platform to further enhance its proprietary artificial intelligence engine and customer key performance indicator analytics platform. read more

JUN 21, 2022 - 7:37 am

Encina Equipment Finance provided a $10 million equipment lease line to a global manufacturer of threads and fabrics, which will use the funds to purchase new manufacturing equipment. read more

JUN 20, 2022 - 6:32 am