Recurrent Energy secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Morehouse Parish in northeast Louisiana. Mitsubishi UFJ Financial Group (MUFG) acted as coordinating lead arranger for the financing. read more
FEB 7, 2024 - 6:40 am
GreatAmerica Financial Services closed on its 24th term securitization with $655.26 million of privately placed bonds. S&P Global Ratings and Fitch Ratings rated 93.4% of the bonds in the transaction as AAA, unchanged from the prior seven transactions from GreatAmerica. To date, GreatAmerica bond issuances have totaled $9.9 billion. read more
FEB 6, 2024 - 6:30 am
Clarus Capital completed a new $5 million lease facility for a sponsor-backed engine components manufacturer, which used the financing proceeds to replenish liquidity and support asset purchases for contracts with customers. read more
FEB 6, 2024 - 6:28 am
Reliant Capital closed $15 million in new business loans in January, marking an increase of 131% compared with January of last year. In addition, Reliant Capital added five new team members, including three new sales professionals. read more
FEB 6, 2024 - 6:27 am
Commercial equipment and project finance provider First National Capital Corporation funded $32 million of new production lines for a protein processor in the U.S. read more
FEB 6, 2024 - 6:25 am
Global Jet Capital recently surpassed $4 billion in aircraft financing originations to users of new and pre-owned aircraft. This milestone coincides with the company's commemoration of a decade in business. read more
FEB 5, 2024 - 6:40 am
Post Road Equipment Finance, formerly known as Encina Equipment Finance, provided a $50 million loan to a global contract development manufacturing organization to finance new and existing manufacturing equipment. read more
FEB 5, 2024 - 6:37 am
Monitor released additional details about Converge 2024, notably the launch of a new website dedicated solely to the two-day conference. Converge 2024 will take place in Philadelphia from May 15 – 16 at the Kimpton Hotel Monaco. read more
FEB 1, 2024 - 6:44 am
Trinity Capital committed $15 million in growth capital to Kafene, a point-of-sale platform that helps retailers offer consumers more flexible purchase options through lease-to-own (LTO) agreements. read more
FEB 1, 2024 - 6:37 am
Blue Bridge Financial, an independent commercial equipment finance company, closed a one-year extension of its $135 million revolving credit facility with DZ BANK. read more
JAN 31, 2024 - 6:39 am
Regents Capital, a provider of equipment leasing and financing solutions, is celebrating its 10th anniversary this year. To commemorate its 10th anniversary, the company has launched a new celebratory version of its logo. read more
JAN 31, 2024 - 6:37 am
GreatAmerica Financial Services’ employee advised fund completed its annual pledge to donate $500,000 to community organizations by awarding $250,000 to nonprofits in the Cedar Rapids, IA, area in its second such giving cycle of 2023. read more
JAN 30, 2024 - 6:50 am
Mitsubishi UFJ Financial Group (MUFG) closed $1.9 billion in debt financing for EdgeCore Digital Infrastructure, conducted in conjunction with its owner, Partners Group, to fund scalable development of a data center campus in Mesa, AZ. read more
JAN 30, 2024 - 6:43 am
Incidents of fraud, including identity theft and first- and third-party borrower fraud, have increased by 10% or more among equipment finance companies over the last two years, according to a new study from the Equipment Leasing & Finance Foundation. read more
JAN 29, 2024 - 6:56 am
MidFirst Business Credit recently provided a working capital facility to Custom Equipment, a designer and manufacturer of scissor lifts that can accommodate various end-user environments. read more
JAN 26, 2024 - 6:39 am