New Ventures

Equipment Depot Targets $1B Revenue by 2025, Top Leadership Positions Evolve

Equipment Depot is on track to meet its aggressive financial growth goal of reaching $1 billion in revenue within five years. Its top leadership positions began to evolve as the company prepared for growth. read more

Broad Fit Financial Announces Official Launch to Serve Fitness Equipment Finance Needs

Broad Fit Financial announced its official launch as an equipment finance company dedicated to providing financing for businesses acquiring fitness equipment and related equipment. read more

U.S. Bank Launches Initiative to Serve Healthcare Practices, Persichetti to Lead

U.S. Bank launched a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue, appointing Joe Persichetti head of healthcare business banking to lead the effort. read more

CSI Renting de Tecnología Opens New ITAD Facility in Spain

CSI Renting de Tecnología, a wholly-owned subsidiary of CSI Leasing, opened EPC Global Solutions Spain, a specialized IT asset disposition (ITAD) facility focused on the refurbishment and remarketing of used IT equipment. read more

Dime Community Bank Hires Csillag to Lead New Healthcare Vertical

Daniel Shaya Csillag will join Dime Community Bancshares, the parent company of Dime Community Bank, as group head of a newly created healthcare vertical. Csillag will be responsible for building out Dime’s healthcare commercial banking business. read more

Ascentium Vet, Wilkoff Relaunches Hembstead Capital Advisory Firm

Evan Wilkoff relaunched Hembstead Capital, a strategic advisory firm based in Charlotte, NC providing capital markets, financing expertise, and consulting services to the specialty finance industry. read more

HSBC Innovation Banking Expands Venture Debt Offering

HSBC Innovation Banking, a business division with services provided by HSBC Bank USA and its affiliates, expanded its venture debt offering in the U.S. to support companies from Series A through scaled multi-national enterprises. read more

Stearns Bank Launches Nonprofit Banking Solutions

Stearns Bank recently launched nonprofit banking solutions, a suite of customized banking services and financing options designed specifically to meet the needs of nonprofits. read more

Peapack-Gladstone Financial Expands into New York City

New Jersey-based Peapack-Gladstone Financial, Peapack-Gladstone Bank and Peapack Private officially filed an application to open a location in New York City. Jeanne Scungio joined the team to lead the expansion as the president for Peapack Private’s New York location. read more

Accord Financial Launches Accord|EDC Trade Expansion Lending Program

Accord Financial launched Accord|EDC Trade Expansion Lending Program (Accord|EDC TELP), it’s latest financing innovation supported by Export Development Canada (EDC). read more

Libra Group Launches Dedicated Space Leasing Company

Libra Group, a privately owned global business group whose subsidiaries own and operate assets in nearly 60 countries, launched Space Leasing International, a space leasing company dedicated to the full spectrum of space assets. read more

TransPecos Banks Launches Velocity Equipment Finance

TransPecos Banks, a Texas-based banking organization with locations throughout the TransPecos region of west Texas and San Antonio, launched Velocity Equipment Finance, a digital-first equipment finance platform. read more

Energy Capital Partners Adds Powers and Boehning to Launch Sustainable Credit Platform

A team led by Jennifer Powers and Reiner Boehning, who were formerly partners at Global Infrastructure Partners, will merge into Energy Capital Partners’ dedicated credit investing business and launch a sustainable credit platform named ECP ForeStar. read more

PerCina Report Launches as Credit Underwriting Tool for Equipment Finance and Structured Credit

PerCina Report launched as a credit underwriting tool designed for the equipment finance and structured credit markets. PerCina Report intends to empower credit analysts at any skill level to create higher-quality credit reports more efficiently. read more

Cisco Capital Launches Program to Accelerate Technology Investments

Cisco launched the Cisco Capital Business Acceleration Program. Offered through Cisco Capital, the program is designed to help customers mitigate financial challenges based on overall market uncertainty. read more

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