Industry

Inventory Levels Flatten in Heavy-Duty Truck and Farm Equipment Markets

According to a new global market report from Sandhills Global, inventory levels have flattened across Sandhills’ marketplaces, particularly in the heavy-duty truck and farm equipment markets. read more

Utica Equipment Finance Completes $5.15MM in Transactions in H1/March

Utica Equipment Finance completed three transactions totaling $5.15 million in the first half of March, including a $2.5 million capital lease secured by food manufacturing equipment to a ramen noodle producer in North America. read more

LTi Technology Solutions Launches ASPIRE Express

LTi Technology Solutions, a provider of lease, loan and asset finance software solutions, launched ASPIRE Express, a pre-configured servicing platform for startup organizations. read more

Siemens Launches $100MM Capital Program to Advance Decarbonization for SMEs

Siemens Smart Infrastructure and Siemens Financial Services launched a $100 million capital program aimed at advancing the decarbonization goals of small to medium-sized enterprises. read more

Utah Business Names Onset Financial’s Nielsen a CEO of the Year

Utah Business named Justin Nielsen, founder and CEO of Onset Financial, a 2022 CEO of the Year. Nielsen also received this honor in 2020. read more

CLFP Foundation Releases 9th Edition of Handbook

The Certified Lease & Finance Professional Foundation released the ninth edition of The Certified Lease & Finance Professionals’ Handbook. The handbook is available for purchase on Amazon in a paperback version, with a Kindle version to be available soon. read more

ACIA Aero Leasing and Investec Bank Agree to New Revolving Credit Facility

ACIA Aero Leasing, a provider of regional aircraft leasing and lease management services, and Investec Bank entered into an agreement for a new revolving credit facility that will enable the lessor to draw new debt secured by regional aircraft. read more

Targeted Lease Capital Rebrands as Targeted Lending

Targeted Lease Capital, a commercial equipment finance company, changed its name to Targeted Lending and launched a new website. read more

VAR Technology Finance and Vend Lease Become Part of LEAF Commercial Capital Brand

LEAF Commercial Capital, an equipment leasing and finance company and subsidiary of People’s United Bank, announced that its VAR Technology Finance and Vend Lease brands will become part of the LEAF brand. read more

AGCO Finance Launches Campaign to Address Climate Change and Sustainability

AGCO Finance, a provider of financing solutions for agricultural equipment, launched its Climate Journey Campaign, which is part of the firm’s ongoing focus on sustainability, including its goal to grow regenerative solutions to 25% of its annual business. read more

River Leasing and LTi Technology Solutions Form Partnership

Rivers Leasing, an asset finance funder, and LTi Technology Solutions, a lease, loan and asset finance software solutions provider, formed a partnership which provides small lenders with a platform that enables them to book deals and scale their businesses effectively. read more

CLFP Foundation Adds 16 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 16 individuals recently passed the eight-hour online CLFP exam. read more

Solifi’s 2022 Global Leasing Report Indicates Recovery in the Market

Solifi, in partnership with the World Leasing Yearbook, released its 2022 global leasing report. According to David Hamilton, CEO of Solifi, “we expect to see a significant market recovery to pre-2020 volumes through the rest of this year.” read more

Citi Agents $500MM Warehouse Facility for Voyager Aviation Holdings

Voyager Aviation Holdings, an aircraft asset lessor and manager, closed a five-year, senior secured warehouse facility with an initial committed amount of $500 million. Citi is acting as the administrative agent and security trustee for the facility. read more

Trinity Capital Provides $25MM in Growth Capital to Cepton

Trinity Capital, a specialty lending company that provides debt, including loans and equipment financing, provided a $25 million growth capital facility to Cepton Technologies, a provider of lidar-based solutions for automotive, smart cities, smart spaces and smart industrial applications. read more

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