New Ventures

Intuit, OnDeck to Launch $100MM Small Business Lending Fund

Intuit is partnering with OnDeck to launch the new QuickBooks Financing Line of Credit to provide faster access to lower-rate small business loans. read more

GreatAmerica, Northpoint Collaborate on Private Label Program

GreatAmerica Financial Services will provide dealer rental fleet and end-user financing, while Northpoint Commercial Finance will supply dealer inventory financing for newly established Wacker Neuson Finance. read more

Ally Corporate Finance Launches Technology Finance Group

Ally Corporate Finance announced the formation of a team focused exclusively on fueling its expansion into the venture-backed technology sector. read more

Red8 Launches Red8 Capital

Red8 launched Red8 Capital, a new division dedicated to offering flexible, on-demand technology financing and leasing options that enable customers to acquire enterprise data center technology. read more

CIT, TPG Special Situations Partners Enter into JV

CIT announced a joint venture with funds managed by TPG Special Situations Partners. The JV will have a target size of $500 million and will provide secured financing to companies in a variety of industries throughout the U.S. read more

Northpoint Launches Private Label Inventory Finance Program

Northpoint Commercial Finance will expand its market focus to include captive and private label inventory finance programs. The initiative will be led by Scott Raymond. read more

Lobo to Open Rio de Janeiro Office

Global helicopter leasing company Lobo Leasing will launch a Latin America office in Rio de Janeiro, which will be led by newly appointed Business Development professional, Gustavo Semeraro. read more

Med One Expands Into General Commercial Leasing

Med One Capital will expand beyond the healthcare leasing industry and enter into the general commercial leasing sector. read more

Patriot EF Moves into Canada; Hires New MD

Patriot Equipment Finance will expand its reach with the addition of several offices in Canada. In conjunction with the expansion, PEF appointed Claudio Macuso as the new managing director for the region. read more

Signature Adds Financial Offering, Expands Workforce

Signature Financial is expanding its roster of financial offerings with direct commercial vehicle finance. In addition, the specialty finance subsidiary of Signature Bank has made several personnel additions. read more

Signature Bank Launches Municipal Finance Subsidiary

Signature Bank announced the formation of a new wholly owned subsidiary, Signature Public Funding, which will provide municipal finance and tax-exemption lending and leasing to municipal entities. read more

Milestone Merges With US Trailer Holdings & Quest Capital

In a merger completed by Wood Creek Capital Management, Milestone Equipment Holdings, US Trailer Holdings and Quest Capital Group have joined forces. read more

Heritage Names Upson to Lead New Asset Financing Business

Heritage Global announced the launch of Heritage Global Capital, its newly formed fixed asset financing services division. Joe Upson has been named managing director with responsibility to oversee the division’s operations. read more

Ares, Varagon Form New Partnership for Senior Loans

Ares Capital and Varagon Capital announced a new joint venture that will make senior secured loans to middle-market companies. The JV will follow on with the success that Ares enjoyed in its previous JV with GE Capital. read more

UPS Capital, Kabbage Partner to Offer Small Businesses Loans

UPS Capital announced a partnership with Kabbage, a technology and data platform that powers automated small business lending. read more

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