According to Cerebro Capital, 52% of non-bank lenders expect increased commercial and industrial loan demand that began in Q4/21 to continue due to a predicted deterioration of the economy over the next six to 12 months. read more
FEB 18, 2022 - 6:51 am
According to the Equipment Leasing & Finance Foundation’s February 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 61.8, easing from the January index of 63.9. read more
FEB 17, 2022 - 6:41 am
Voyager Aviation Holdings refinanced one of its owned 777-300ER aircraft, which is on lease to a European flag carrier airline. AV AirFinance provided the financing, which represents the inaugural transaction between the two companies. read more
FEB 17, 2022 - 6:32 am
CIT’s healthcare finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, FL, and Alexandria, LA, by IRA Capital. read more
FEB 17, 2022 - 6:31 am
MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, financed more than $203 million in 2021, setting a company record. read more
FEB 16, 2022 - 6:51 am
Crestmark Equipment Finance provided $21,489,603 in 17 new large-ticket transactions and $5,329,571 in 50 new small-ticket vendor transactions in January. read more
FEB 16, 2022 - 6:46 am
AP Equipment Financing recently switched to using a remote online notarization (RON) for power of attorney and bills of sale documents during customers’ transaction journeys. RON platforms are meant to reduce the amount of time it takes to notarize documents. read more
FEB 15, 2022 - 6:23 am
Exeter Finance extended its agreement to use the Solifi platform in more than 11,000 U.S. auto dealerships. read more
FEB 15, 2022 - 6:22 am
According to the Equipment Leasing and Finance Association’s 32nd annual What’s Hot/What’s Not: Equipment Market Forecast, construction, trucks/trailers and medical equipment will be the top equipment types based on portfolio preference in 2022. read more
FEB 15, 2022 - 6:21 am
MidCap Business Credit formed a new entity, MidCap Equipment Finance, and hired a team of investment professionals to begin offering equipment loans and leases. Saurin Shah, co-founder of SLR Equipment Finance (formerly known as Nations Equipment Finance), will lead the new entity. read more
FEB 11, 2022 - 6:17 am
The Orange County Register named First National Capital to its list of the top workplaces of 2021. read more
FEB 11, 2022 - 6:14 am
CSI Leasing is celebrating its 50th anniversary in 2022. In honor of the milestone, CSI Leasing will make a $50,000 donation to the American Cancer Society as a presenting sponsor of the organization’s seventh annual Champions of Hope Gala. read more
FEB 10, 2022 - 6:31 am
Crestmark made a series of organization changes, including merging its business credit and commercial capital groups to create a newly formed working capital finance business unit and merging Crestmark Equipment Finance and Crestmark Vendor Finance into a single equipment finance business unit. read more
FEB 9, 2022 - 6:31 am
DLL’s commercial finance global business unit’s proprietary processing hub, @onceCF, is now live globally in 19 countries, 17 languages and 11 currencies. @onceCF enables commercial finance customers to control account management and invoicing processes. read more
FEB 9, 2022 - 6:28 am
Sertant Capital completed $5.92 million in financing in early February for the U.S. operations of a manufacturer of paper and film products. read more
FEB 9, 2022 - 6:24 am