Industry

MUFG: 2022 Signals ‘Regime Change’ for Markets and Corporates

According to the annual outlook from Mitsubishi UFJ Financial Group’s capital markets team, corporates have embarked on a "feverish pace" of capital-expenditure investment and strategic activity in response to a rapidly evolving landscape. read more

Lawdragon Names Berkoff a Top Bankruptcy & Restructuring Lawyer for 2022

Lawdragon named Leslie A. Berkoff, a partner at Moritt Hock & Hamroff, one of the 500 leading U.S. bankruptcy and restructuring lawyers for 2022. read more

Utica Equipment Finance Completes $8.78MM Capital Lease for Production Company

Utica Equipment Finance completed an $8.78 million capital lease secured by audio, visual and lighting equipment for a multi-location production company. read more

ATA Truck Tonnage Index Increased 1% in December

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 1% in December after rising 0.5% in November. In December, the index equaled 114.7 (2015=100) compared with 113.5 in November. read more

CIT Provides $50.5MM Financing to Amp Energy

The power and energy business of CIT, a division of First Citizens Bank, served as lead arranger on $50.5 million in financing to support the construction of Amp Energy’s NY3 assets, a planned portfolio of new community solar installations in New York. read more

Dedicated Financial GBC Reports Charitable Impact in 2021

Dedicated Financial GBC‘s 2021 charitable impact included feeding approximately 500,000 children and contributing more than $250,000 to charitable causes that are important to the company’s team members. read more

Constellation Financial Software Rebrands Casitron as Focus, Launches Product in the US

Constellation Financial Software, a leasing and portfolio management software provider, rebranded Casitron, its cloud-based management and accounting solution for asset finance in Canada, to Focus, and made it available in the United States. read more

AP Equipment Financing Donates to 16 Charities in 2021

In 2021, AP Equipment Financing donated to 16 charities selected by employees, including Seattle Children’s Hospital, Meals on Wheels Bend, BrightSide Animal Center, The Giving Plate, the Leukemia & Lymphoma Society and more. read more

Dext Capital Achieves 52% Growth in Originations in 2021

In 2021, Dext Capital achieved 52% growth in originations, nearly doubled its customer base, closed more than 10 new vendor relationships and completed a second securitization that achieved a rating of AAA. read more

CIT Provides More Than $5MM in Equipment Financing to Construction Firm

The industrial group within CIT’s equipment finance business provided more than $5 million toward the acquisition of 10 pieces of heavy equipment by a construction firm. read more

Northteq Onboards 25 Loan Origination Clients in 2021

Northteq continued to grow its impact on the equipment finance industry with the onboarding of 25 new loan origination clients in 2021. read more

Equipment Finance Industry Confidence Holds Steady in January

According to the Equipment Leasing & Finance Foundation’s January 2022 Monthly Confidence Index for the Equipment Finance Industry, overall confidence in the equipment finance market is 63.9, unchanged from the December 2021 index. read more

SLIM Capital Increases Total Funding by 24.63% in 2021

SLIM Capital reached a company record in 2021, reporting a 24.63% year-over-year increase in total funding. read more

Greenwoods Equipment Finance Selects Syndifi as Syndication Platform

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

ACG Equipment Finance Sets Company Record for Originations in 2021

ACG Equipment Finance, a division of American Bank, originated a company record $107 million in funded equipment finance contracts in 2021, marking a 39% increase compared with 2020. read more

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