New Ventures

Fintech Lenvi Launches to Serve Consumer and Commercial Lending Markets

Fintech Lenvi launched, bringing together EQ Credit Services, EQ RiskFactor and EQ KYC Solutions into a single entity under a new leadership team, with ambitions to deliver more powerful, relevant and responsible lending solutions for customers. read more

Rouse Services Added 60 New Customers, Appraised More Than $50B in 2022

In 2022, Rouse Services added 60 new rental companies and dealers to its customer base and conducted appraisals of more than $50 billion of equipment across North America and the UK. read more

Arvest Bank Launches New Product with Thought Machine’s Core Technology

Arvest Bank launched its first product running on cloud-native core banking technology provided by Thought Machine. The equipment finance lending product, which launched in October 2022, was built, tested and delivered by Arvest in fewer than nine months. read more

Integrated Financial Technologies Launches IFT Ignite Platform

Integrated Financial Technologies launched its IFT Ignite platform, a lending management solution that facilitates all lending management processes, including sales, onboarding, customer service and collections. read more

IDB Bank Expands Sponsor and Leverage Finance Team

IDB Bank expanded its sponsor and leverage finance team, hiring four professionals who previously worked together with Investors Bank. James Dunleavey will lead the team as senior vice president and manager.  read more

CSI Leasing Launches Subsidiaries in Taiwan and Thailand

CSI Leasing, an independent leasing company, expanded its Asia-Pacific operations by opening subsidiaries in Bangkok, Thailand, and Taipei City, Taiwan. This expansion follows the recent launch of CSI Leasing Japan in 2021. read more

Mitsubishi HC Capital America Expands Inventory Financing Focus

Mitsubishi HC Capital America is expanding its commercial specialty vehicle financing solutions, specifically aimed at fire and emergency vehicles, wreckers and shuttle/transit buses. read more

Vartana Unveils B2B Enterprise Sales Closing and Financing Platform

Vartana unveiled its new sales closing and technology financing platform to provide sales teams with a range of new products that provide access to upfront cash flow for B2B buyers and sellers of software and hardware. The company also received a $12 million Series A round of financing led by Mayfield. read more

MUFG Outlines ‘New Macro Supercycle’ in 2023 Capital Markets Outlook

According to Mitsubishi UFJ Financial Group's capital markets strategy team’s 2023 outlook, the decade ahead will be characterized by several prevalent themes, including shorter economic cycles, more rigorous investor scrutiny and long-term supply constraints for commodities. read more

Beacon Funding Adds Landscaping Equipment Financing to Product Suite

Beacon Funding added financing for landscaping trucks and equipment to its product suite. In addition, landscapers can also access sale-leaseback options and Beacon Funding’s cash products, including working capital loans. read more

North Mill Unveils New Customer Portal

North Mill Equipment Finance, an independent commercial equipment lender located in Norwalk, CT, launched its online customer portal, a feature-rich digital platform designed to help the company’s nearly 15,000 customers self-manage their accounts 24/7. read more

DLL Launches New Blog on 2023 Trends in Food and Agriculture Industries

DLL announced its newest blog “2023 Trends That Will Drive Change in the Food and Agriculture Industries” in which it highlights several key trends in the agriculture industry that will shape the food landscape in the coming years, including the adoption of electric power and renewable energy sources. read more

STRIPES Leadership Announces Graduate Program

STRIPES Leadership Program, the professional and personal leadership development program created in partnership with Monitor, announced additional offerings for graduates of the STRIPES program. read more

Northteq and FinWise Bank Launch Aurora Loan Origination System

Northteq, a provider of Salesforce loan origination solutions, and FinWise Bank, a subsidiary of FinWise Bancorp, launched Northteq’s Aurora Loan Origination System (LOS) to support FinWise’s nationwide expansion into the equipment finance industry. read more

Wells Fargo Launches Emerging Middle-Market Segment in New York

Wells Fargo launched an emerging middle-market (EMM) segment within its Metro New York commercial banking team. The new segment will be led by Alicia Iskhakova in New York City and John DeSclafani in New Jersey. read more

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