New Ventures

EverBank Announces Leadership Appointments, Organizational Realignment

EverBank expanded its Lender Finance division and combined the Capital Equipment Finance and Business Credit units into a single group, while also adding two former GE Capital employees to its senior management team. read more

OnDeck Expands Outreach to Accountants

Online lender OnDeck is expanding its Accountant Advisor Program with the hiring of new accountant relationship managers in Miami, Louisville, KY, and Mobile, AL. read more

Global Jet Capital Launches Aircraft Sales Division

Global Jet Capital announced the launch of an aircraft sales division. The announcement comes as new research reveals that 11.5% of the world’s fleet of mid-sized to heavy business aircraft are currently available for sale. read more

Flexjet Expands International Ops Led by Former Bombardier Sales SVP

At the European Business Aviation Convention & Exhibition, Flexjet laid out international expansion plans and announced that Raymond Jones, a former Bombardier sales SVP, will lead the international operations. read more

Wells Fargo Launches FastFlex Small Business Loan

Wells Fargo launched FastFlex Small Business Loan, a fast-decision loan that offers a competitive interest rate to small businesses with short-term credit needs. FastFlex was built in-house by Wells Fargo. read more

Nations Equipment Finance Opens Denver Office, Lewis to Lead

Nations Equipment Finance opened a new office in Denver to accommodate growth plans and future expansion. The new office will be led by Rob Lewis, vice president of Business Development. read more

Stonebriar Launches SCF Realty Capital, Mavoides to Lead

Stonebriar Commercial Finance expanded its range of capital solutions with the creation of SCF Realty Capital, hiring Pete Mavoides as president of the new venture. read more

Mitsubishi UFJ Lease and Finance Launches U.S. Equipment Leasing Business

Mitsubishi UFJ Lease and Finance (U.S.A.), Inc. (MULUSA) launched a new equipment leasing business in the U.S. The new business, located in San Diego and led by Managing Director David Coons, will complement MULUSA’s existing U.S. platform which provides financing to Japanese companies in the U.S. read more

River Capital Finance Launches SaaS Company

River Capital Finance announced the launch of River SaaS Capital, a company specializing in debt financing options for software-as-a-service (SaaS) companies located in the U.S. read more

Element Outlines Business Separation Plan

Details have emerged concerning Element Financial’s announcement that it would separate into two separate companies: Fleet Management and Commercial Finance. read more

Stonebriar Adds Sandler, Launches Business Aviation Unit

Stonebriar Commercial Finance acquired the Guggenheim Business Aircraft Investments team, led by Nicholas M. Sandler, along with 16 aircraft under long-term leases with an asset value in excess of $220 million. read more

Stride Capital Launches in Western Canada

Stride Capital, an independent equipment lease and finance company based in Alberta, Canada, officially opened this week. read more

Bergeron Launches New Leasing Venture

Long-time equipment finance and leasing industry veteran Lee Bergeron announced the launch of a new startup, Taunton Commercial Capital. read more

Encina Capital, Oaktree Affiliate Launch Independent ABL Platform

Encina Capital Partners and an affiliate of Oaktree Capital Management launched Encina Business Credit, a new independent asset-based lending platform targeting middle-market borrowers in the U.S. and Canada. read more

Premier Trailer Leasing Expands West Coast Presence

Premier Trailer Leasing opened a new branch location near Stockton, CA. read more

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