New Ventures

Green Capital Launches Funding Site

Green Capital announced it launched a new funding site,, which provides financing solutions for small business owners through short-term options such as equipment financing. read more

Independence Energy Launches RedHawk Financial

Independence Energy announced financial services veteran Edward Crowley has been appointed to its board and will lead RedHawk Financial Services, the company’s new financial services unit. read more

Tech CU Launches First Credit Union-Based ABL Unit

San Jose, CA-based Tech CU said it will expand its commercial loan services by providing asset-based lending services to be used for debt refinancing and equipment purchases, as well as supplement working capital. read more

Former Wells Fargo EF Exec Hired to Launch Commercial Finance Business

Former Wells Fargo Equipment Finance executive, Samuel H. Smith III, joined Customers Bank as managing director to launch a Commercial Finance Group with an experienced team. read more

Former AIG/CEF Exec Team to Expand Wintrust EF Business

Wintrust Financial said it expanded its equipment finance operation capability with the addition of Wintrust Commercial Finance. WCF is led by an executive management team formerly with AIG Commercial Equipment Finance. read more

Bank of the West, JCB Finance Announce Joint Venture

For Construction Pros reported on April 1, 2015, JCB Finance began partnering with Bank of the West as a branded virtual joint venture captive finance company. read more

Austin Financial, Diamond Creek Capital Launch ABL

Austin Financial and Diamond Creek Capital formed a strategic alliance to provide the market with a single source financing solution for growth capital, acquisitions, recaps and turnarounds. read more

Stichler Hired to Lead National Funding Expansion

National Funding said it will expand into the middle market lending segment targeting medium-sized businesses. The company said Todd Stichler was hired to lead this effort as director of Middle Market Lending. read more

Dave Fate to Lead New Commercial Finance Company

Stonebriar Commercial Finance announced the commencement of its operations with financial backing from Security Benefit. President/CEO Dave Fate is joined by former GE Capital and AIG senior executives in the venture. read more

Equipment Finance Group, Seabury Form New Global Platform

Seabury Group and Equipment Finance Group announced the formation of Seabury Equipment Finance Group, which will provide manufacturers with customized vendor-based captive finance programs. read more

Unify Launches Leasing and Financing Business

Unify announced it has launched Unify Capital, a full service leasing and financing business to provide competitive financing for customers in North America. read more

Balboa Launches Franchise Financing Platform

Balboa Capital announced the launch of an online financing platform that provides quick-service restaurant and hospitality franchise owners with a way to apply for financing and business loan products. read more

Guidant, BoeFly Partner to Offer ‘Funding Assurance’

Guidant Financial announced a partnership with BoeFly, an online marketplace for small business loans, to introduce Guidant’s Funding Assurance program at the International Franchise Association’s Annual Convention. read more

Seabury Launches New Platform within Corporate Finance Unit

Seabury Group launched a merchant banking platform within Seabury Corporate Finance, headed by Patrick Henry Dowling, who previously held executive level positons with Tygris Commercial Finance, CIT Leveraged Finance and GE Capital. read more

AerGen Leasing Launched to Serve Mid/Late-Life Aircraft Operators

AerGen Management Services announced the launch of AerGen Leasing, a new aircraft leasing company focused on providing leasing and asset management solutions to for operators of mid-life and late-life aircraft and engines. read more

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