Bank OZK hired Jim Lyons to launch its equipment finance and capital solutions group as managing director. The new group will provide an array of equipment-oriented collateral products, including equipment finance and lease structures. read more

OCT 26, 2021 - 6:01 am

Dext Capital launched DART (Dext Access Real Time,) a new portal for customers and partners to not only access their accounts but to submit applications, monitor their application status and review funding options. read more

OCT 22, 2021 - 6:12 am

Ritchie Bros. launched a new self-serve equipment listing service: RitchieList.com. The new service gives customers the control and tools to sell equipment privately. read more

OCT 20, 2021 - 6:17 am

Oakmont Capital Services added a broker services division and Missy Koltes, CLFP, joined the company as broker services specialist to co-lead the division with Jim Peach. In addition, Oakmont added Tabitha Renneker as a business development officer. read more

OCT 18, 2021 - 1:19 pm

Castlelake, an alternative investment firm and provider of aircraft investing, leasing and servicing, created Castlelake Aviation Limited, a corporate lessor of commercial aircraft that will finance a portfolio of modern aircraft. read more

SEP 30, 2021 - 6:33 am

HSBC Bank Canada launched five new sustainable finance tools for commercial and global banking clients, including green deposits, green trade finance, green revolving credit facilities, sustainability-linked loans and green equipment financing. read more

SEP 28, 2021 - 6:55 am

Syndifi, an online syndication software provider company built specifically for the equipment finance industry, launched deal pools as a new platform feature. read more

SEP 28, 2021 - 6:53 am

Avolon entered a partnership with Gol, a Brazilian airline, and Grupo Comporte, a Brazilian transport operator, to commercialize an eVTOL ride sharing platform in Brazil. As part of the agreement, Gol and Grupo Comporte committed to purchase or lease up to 250 VA-X4 eVTOL aircraft. read more

SEP 24, 2021 - 6:48 am

Chesswood Group formed a consumer home finance unit, Vault Home Credit, and named Tobias Rajchel chief financial officer. Rajchel has been serving as interim Chief Financial Officer since March 2021. read more

SEP 17, 2021 - 6:35 am

Associated Banc-Corp announced plans to form a new equipment finance vertical, which will be launched in Q1/22. The new vertical will be supported by a team of multiple specialists with hiring expected to begin in Q4/21. read more

SEP 10, 2021 - 6:35 am

Suntuity AirWorks, the drone and UAV services division of the Suntuity Group of companies, launched a drone equipment leasing program to help the private and public sectors update their services with drone technology. read more

AUG 12, 2021 - 6:23 am

Dext Capital began offering working capital loans of up to $250,000 with terms between three months and 24 months. These loans will be funded directly into a business’s bank account and can be used for any business purpose. read more

JUL 27, 2021 - 6:10 am

Care Lending Group launched its new financing company led by CEO Paul McLean. With an initial portfolio in excess of $60 million, the company offers lending solutions to the golf and healthcare industries and other niche markets. read more

JUL 23, 2021 - 6:35 am

Insight Investments launched Insight Equipment Finance in Toronto, marking the expansion of its equipment leasing operations into Canada. Insight also hired Doug Johnson to oversee the expansion as executive vice president and country manager for Insight Equipment Finance. read more

JUL 8, 2021 - 6:14 am

Link Auctions launched as an auction company that extends capabilities in equipment appraisals, industrial auctions and asset remarketing for industrial companies and financial institutions looking to lean into evolving manufacturing technologies while continuing to serve traditional asset classes. read more

JUL 6, 2021 - 6:28 am