New Ventures

Siemens Mobility Forms Leasing Model for Regional Trains

Siemens Mobility founded Smart Train Lease, a leasing model for regional trains that will enable customers to supplement their fleets with rented battery, hydrogen and electric multiple-unit trains. read more

Daimler Truck Financial Services Launches Rental Business in Brazil

Daimler Truck Financial Services launched Mercedes-Benz Locações Caminhões e Ônibus, a rental business for truck and bus customers in Brazil with an initial focus on small and medium-sized fleet owners. read more

Sandhills Global Introduces Currency Equipment Financing Solution in Canada

Sandhills Global introduced its Currency financing solution to buyers and sellers using Sandhills marketplaces in Canada. Currency is the financial technology arm of Sandhills, offering secure solutions to facilitate financing for large expenditures. read more

AP Equipment Financing Expands Towing and Construction Verticals

AP Equipment Financing began a new expansion initiative, placing a focus on expanding its towing and construction verticals. As part of the expansion, the company hired Ryan Whitehead as vice president of business development for the towing vertical and Seth Davis as vice president of business development to lead the construction initiative. read more

CSI Leasing Expands European Footprint by Opening Subsidiaries in Hungary and Austria

Equipment leasing company CSI Leasing continued its expansion by establishing two new subsidiaries in Europe: CSI Leasing Hungary in Budapest and CSI Leasing Austria in Vienna. Ivana Kundratova and Patryk Olszewski will be co-managing directors for both subsidiaries. read more

CDPQ and SMBC Aviation Capital Partner to Create $1.5 B Aircraft Financing Platform

Global investment group CDPQ and aircraft leasing company SMBC Aviation Capital finalized an agreement to create a $1.5-billion global aircraft financing and leasing platform dedicated to fuel-efficient next generation aircraft. read more

Dext Capital Expands Beyond Healthcare into New Industries

Dext Capital, known for its expertise in healthcare equipment financing, is expanding into a select group of new industries, including the fitness, technology, convenience store and automotive sectors. read more

Alfa Unveils ‘Compose’ to Revolutionize User Experience for Asset Finance Operators

Alfa, a provider of asset finance technology solutions, released the first of six releases in Alfa Systems 6, an iteration of its software platform. The release introduced Compose, a new innovation designed to redefine the user experience for asset finance operators. read more

Vietjet and Novus Aviation Capital Establish Aircraft Financing and Leasing Vehicle

Vietjet and Novus Aviation Capital signed memorandum of understandings to establish an aircraft financing and leasing vehicle and to collaborate on the supply of sustainable aviation fuel (SAF) in Vietnam alongside SAF One, Novus’s established and dedicated SAF platform. read more

GA Telesis Opens New Leasing, Investment, Finance and Trading Office in Ireland

GA Telesis, a provider of services for the commercial aviation industry, continued its expansion in Europe with the establishment of a new leasing, investment, finance and trading (LIFT) office in Dublin, Ireland. read more

Alliance Funding Group Forms New Middle-Market Equipment Leasing Unit; Hicks to Lead

Alliance Funding Group appointed Randy Hicks senior vice president to lead the company’s middle-market equipment leasing balance sheet strategy. Hicks also recruited Todd Greenberg to lead the risk management duties of the new strategy as senior vice president and chief risk officer.     read more

Meridian Leasing Launches New Family of Equipment Finance Services

Meridian Leasing launched TrueFlex Finance, a family of equipment finance offerings made up of six distinct products each aimed at a specific financing model. read more

Horizon Bank Forms Equipment Finance Division, Mikolich to Serve as President

Horizon Bank formed a new equipment finance division to be led by Joel Mikolich as the division president. The new division will provide business equipment financing solutions to small and medium-sized businesses across the U.S. read more

Mack Trucks Launches Usage-Based Leasing Solution for MD Electric Vehicles

Mack Trucks is now offering ElectriFi Subscription, a usage-based leasing option exclusive to new Mack MD Electric models, through Mack Financial Services. read more

Acquis Launches in US, Madison to Lead to Expansion

Acquis, a provider of insurance solutions to the European leasing industry, will now provide its services in the U.S. Brian Madison, Acquis’ newly appointed managing director for North America, will be responsible for launching Acquis’ specialist insurance services in the U.S. read more

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Terry Mulreany
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