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
Amur Equipment Finance launched Wildcat, a specialized finance program to provide rates as low as 3.99% with terms of up to 72 months to ensure that its vendor partners have a range of financing options for their small business customers. read more
JUN 23, 2021 - 6:32 am
CSI Leasing expanded its operations in the Asia-Pacific region by opening a subsidiary in Japan. Cheng Chiin Ong, CSI Leasing’s current managing director and CEO of the Asia-Pacific region, will manage the new subsidiary. read more
JUN 17, 2021 - 6:24 am
HSBC Bank USA, part of the HSBC Group, will begin offering sustainability-linked loans (SLL) that will enable U.S businesses to tie their borrowing to activities that support sustainability initiatives. read more
JUN 17, 2021 - 6:14 am
First Commonwealth Bank will enter the equipment leasing and finance business with the addition of Rob Boyer to its executive team as executive vice president of First Commonwealth Bank and president of First Commonwealth Equipment Finance Group. read more
JUN 15, 2021 - 6:50 am
Wintrust Commercial Finance launched Wintrust Commercial Finance Aviation Group, a new group supporting businesses in the aviation industry. Wintrust Commercial Finance hired Michael Cole as senior vice president to spearhead the development of the group. read more
JUN 15, 2021 - 6:46 am
EnTrust Global and funds managed by Strategic Value Partners and its affiliates (SVPGlobal) completed the acquisition of DVB Bank Group’s aviation investment and asset management business, resulting in the formation of Deucalion Aviation. read more
JUN 15, 2021 - 6:43 am
KKR launched AV AirFinance Limited, a global commercial aviation loan servicer established by a team of industry professionals together with KKR. To support the launch, KKR and AV AirFinance agreed to purchase a nearly $800 million portfolio of aviation loans from CIT. read more
JUN 14, 2021 - 7:08 am
Tech Data launched Tech Data Capital, a captive finance company that offers payment solutions to help businesses acquire Tech Data technology products and services. read more
JUN 9, 2021 - 6:47 am
Funds managed by Stonepeak Infrastructure Partners, a private equity firm specializing in infrastructure investing, partnered with Bellinger Asset Management to complete the acquisition of a $1.1 billion performing aircraft loan portfolio from National Australia Bank. read more
MAY 25, 2021 - 6:22 am
After a year-long pilot program, APPROVE, a software-as-service (SaaS) solution powered by a network of equipment financing companies, officially launched this week. APPROVE is a product of KWIPPED, a technology innovator in B2B equipment e-commerce. read more
MAY 20, 2021 - 6:39 am
Moritt Hock & Hamroff’s corporate/M&A, estate planning and employment practice groups created the firm’s closely-held/family business practice group. Brian Adelman, Jill T. Braunstein, Keith J. Frank, Stephen J. Ginsberg, Louis P. Karol and Tina M. Kassangana are the members of the new group. read more
MAY 18, 2021 - 6:15 am
BHI launched a new not-for-profit division, which will provide financial solutions to nonprofits. Andrea S. Kantor, a banker with 25 years of experience, will lead the new division. read more
MAY 12, 2021 - 6:14 am