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

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