Industry

Fleet Advantage Offers Emissions Scorecards for Earth Day 2022

Fleet Advantage is offering complimentary emissions scorecards for corporate transportation fleets in its ongoing efforts to promote more eco-friendly operations to recognize Earth Day’s 2022. read more

Mitsubishi HC Capital America Provides Allumia with $40MM Debt Facility

Mitsubishi HC Capital America provided Seattle-based energy-efficiency-as-a-service (EEaaS) company Allumia with a $40 million debt facility to expand its up-front cost coverage for the company’s energy efficiency projects. read more

ELFF’s Q2/22 Snapshot Projects 2.8% Growth in U.S. Economy in 2022

According to the Q2/22 Equipment Leasing & Finance Industry Snapshot from the Equipment Leasing & Finance Foundation, the U.S. economy will grow by 2.8% in 2022, with growth driven by a gradually unraveling supply chain, business investment and continued consumer spending. read more

ENGS Commercial Finance Automates UCC Submission Process

ENGS Commercial Finance continued its advancement of new technology into the commercial finance space by fully automating its Uniform Commercial Code (UCC) submission and tracking process. read more

Ritchie Bros. Sells More Than $57MM of Equipment in Houston Auction

Ritchie Bros. sold more than 4,400 equipment items and trucks for more than $57 million at its most recent Houston auction. read more

Clarus Capital Closes $20MM Credit Facility for Regional Airline

Clarus Capital completed a new $20 million credit facility for a regional airline. Matt Worman, managing director and head of direct investment origination for Clarus Capital, led the company’s transaction team for the deal. read more

CLFP Foundation Adds 19 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 19 individuals recently passed the eight-hour, online proctored CLFP exam. read more

Peapack Capital Celebrates 5th Anniversary This Month

Peapack Capital, the equipment leasing and financing arm of Peapack-Gladstone Financial, is celebrating its fifth anniversary since its launch this month. read more

Maxim Commercial Capital Reports Increased Funding Activity in Q1/22

Maxim Commercial Capital reported a company-record low in delinquencies in Q1/22 along with increased fundings to better credits and demand for cash-out financings secured by real estate and equipment. read more

BNP Paribas Leasing Solutions Partners with Ritchie Bros. Asset Solutions

BNP Paribas Leasing Solutions, a European provider of equipment financing that managed more than €35.7 billion ($38.95 billion) worth of assets in 2021, selected Ritchie Bros. Asset Solutions and its suite of remarketing tools for its asset valuation and management workflows. read more

Pitney Bowes Financial Services Provides Credit Facility to Medgluv

Pitney Bowes Financial Services signed a new credit facility for Medgluv, a manufacturer and distributor of healthcare supplies based in Coral Springs, FL. read more

APPROVE Releases Google Chrome Extension for Finance Quoting

APPROVE launched a new Google Chrome extension tool that allows equipment sellers to embed financing estimates and application links in sales quotes with just a few clicks. read more

AerCap Leased, Purchased and Sold 157 Assets in Q1/22

AerCap signed 102 lease agreements, completed 25 purchases for 23 aircraft and two engines and executed 30 sale transactions for 26 aircraft, two engines and two helicopters in Q1/22. read more

CIT Provides $37.2MM in Financing to Aminim Group for Distribution Facility

CIT’s real estate finance business provided a $37.2 million loan to Aminim Group to finance the acquisition of a bulk distribution facility in Pittsburgh. read more

TD Bank Grows Reach in Philadelphia with Executive Promotions

TD Bank promoted Geoff Brandon, Mike Tremble, Tommy Berner and Benjamin Kruger to key positions to support and grow the bank's goal of supporting communities and businesses in the Delaware Valley. read more

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