In 2021, ENGS Commercial Finance set company records in originations and portfolio growth, originating more than $850 million of leases and loans, while ENGS Commercial Capital purchased more than $350 million of invoices. read more

FEB 8, 2022 - 6:43 am

Clarus Capital completed a new $10 million lease facility for a crane rental company. Jarrod Hicks, who recently joined Clarus Capital as a director in its investment origination group, led the transaction. read more

FEB 8, 2022 - 6:41 am

According to a list of takeaways from the Equipment Leasing and Finance Association’s recent webinar covering a summary of the findings of its Monthly Leasing and Finance Index (MLFI-25) reports from 2021, metrics from the index in 2021 were positive overall. read more

FEB 8, 2022 - 6:40 am

White Oak Global Advisors and its financing affiliates originated $2.1 billion of loan transactions across 133 companies in 2021. read more

FEB 8, 2022 - 6:34 am

Syndifi, a cloud-based syndication software provider built specifically for the equipment finance industry, onboarded CoreTech as a new client. CoreTech will use Syndifi’s platform to digitize its overall loan syndication processes. read more

FEB 7, 2022 - 6:12 am

According to Kroll Bond Rating Agency’s January equipment loan and lease indices, January remittance reports experienced mixed credit readings across securitized equipment loan and lease pools during the December collection period. read more

FEB 7, 2022 - 6:10 am

Cathedra Bitcoin, a company that develops and operates bitcoin mining infrastructure, entered into an equipment financing agreement with NYDIG for approximately $17 million in equipment financing to fund the expansion of Cathedra’s bitcoin mining operations. read more

FEB 7, 2022 - 6:08 am

Ritchie Bros. sold more than C$33 million ($25.92 million) of farmland, real estate and equipment for Hanson Farms in an auction in Torquay, SK, held Jan. 24 to Jan. 25. read more

FEB 7, 2022 - 6:05 am

Ascentium Capital exceeded its own projections in Q4/21, achieving $374.6 million in funding volume during the quarter and ending the year at $1.43 billion in funding volume, which was up 14% compared with 2020. read more

FEB 4, 2022 - 6:10 am

STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within equipment finance, will host seven sessions to introduce various aspects of its curriculum. read more

FEB 3, 2022 - 6:17 am

The Greenbrier Companies reported new railcar orders of 6,300 units valued at $685 million for its first fiscal quarter ending Nov. 30, 2021, and new orders totaling 2,900 units valued at $345 million during December and January. read more

FEB 3, 2022 - 6:12 am

Energage, an organization that develops solutions to build and brand top workplaces, ranked First American Equipment Finance 29th on its 2022 list of the top workplaces in the United States with between 150 and 499 full-time employees. read more

FEB 3, 2022 - 6:11 am

KWIPPED changed its name and will now do business as APPROVE. Launched in 2015, KWIPPED is a B2B equipment marketplace and e-commerce platform that enables businesses to rent, buy and finance equipment from a network of participating equipment suppliers. read more

FEB 3, 2022 - 6:08 am

NFS Leasing, a privately-held equipment finance company, achieved 16% year-over-year growth in originations in 2021. read more

FEB 2, 2022 - 6:34 am

In 2021, Solifi (formerly IDS), a global software provider for the secured finance industry, finalized its acquisitions of William Stucky and Associates and White Clarke Group, rebranded, launched a new website, added 15 new customers and completed 25 go-lives. read more

FEB 2, 2022 - 6:30 am