To expedite customer requests and extend its real-time customer self-service capabilities, ENGS Commercial Finance leveraged the power of the Salesforce Cases tool to create a portfolio of online forms that address common customer requests and interactions on its website. read more
JUN 14, 2022 - 7:23 am
White Oak Global Advisors provided a term loan to Benada Aluminum Products. The transaction was made alongside an asset-based loan facility from White Oak Commercial Finance and supported the acquisition of Benada by Shadowbriar Capital Partners. read more
JUN 14, 2022 - 7:21 am
Encina Equipment Finance provided a $22 million equipment lease line to a specialty plastics film provider for the installation of new manufacturing lines. read more
JUN 13, 2022 - 7:39 am
Northteq introduced a Salesforce-based automated fraud mitigation solution for equipment finance lenders utilizing Ekata's technology. The solution was first implemented to enhance Northteq’s lease/loan origination system (LOS) for ENGS Commercial Finance. read more
JUN 10, 2022 - 7:39 am
Syndifi, the cloud-based syndication software provider built specifically for equipment finance, launched new document management platform functionalities to make it easier for sellers to upload, remove, sort, rename and reorganize deal-related document folders and files. read more
JUN 9, 2022 - 7:28 am
CIT’s maritime finance business increased its financing of Crowley, a global shipping and logistics company, to a total of $57 million as part of a larger credit facility. This financing applies to multiple Crowley vessels. read more
JUN 9, 2022 - 7:22 am
TEQlease Equipment Finance, LED Green Light International and the Fresno County Economic Opportunities Commission closed a LED lighting retrofit project with financing provided by TEQlease Equipment Finance. read more
JUN 8, 2022 - 7:42 am
According to LeaseQuery, the average number of leases companies hold has returned to or exceeded pre-COVID-19-pandemic levels. However, companies are finding that the cost and liabilities of leases are on the rise. read more
JUN 8, 2022 - 7:41 am
Clarus Capital completed a new $20 million credit facility for a specialty logistics and transportation provider, which will deploy the facility for new equipment. read more
JUN 7, 2022 - 7:17 am
Nexseer Capital’s management team, including W. Scott McCullum (president), Jonathan Albin (chief operating officer) and Robert Davis (executive vice president), acquired a majority ownership of the company. read more
JUN 6, 2022 - 7:44 am
Economic activity in the services sector grew in May for the 24th month in a row, with the Services PMI registering 55.9%, according to the latest Services ISM Report on Business from the Institute for Supply Management. read more
JUN 6, 2022 - 7:41 am
Encina Equipment Finance provided a $15 million equipment lease line to a specialty materials company for the installation of a new manufacturing line. read more
JUN 6, 2022 - 7:39 am
Ivory Consulting, a provider of equipment lease and loan software, software customizations and consulting services for the equipment finance industry, released SuperTRUMP 22, the latest version of its flagship product. read more
JUN 6, 2022 - 7:38 am
Best Companies Group named Biz2Credit to its list of 2022’s Best Places to Work in Financial Technology. The 2022 list included the top 50 fintech companies in the country and was published by Arizent brands, the publisher of American Banker. read more
JUN 6, 2022 - 7:36 am
DLL launched The New Office Blueprint, a whitepaper examining the historical significance of the office, the impact of pandemic-induced work and how businesses can best leverage a physical office moving forward. read more
JUN 2, 2022 - 7:40 am