New Ventures

Bloom Business Jets Launched at NBAA Convention

Bloom Business Jets, a new aviation solutions consultancy owned and operated by industry executive Steven W. Bloom, officially launched at the 65th Annual National Business Aviation Association Convention. read more

Leasing Veteran Lefebre to Head New Factoring Unit

Integrated Logistics & Associates, a transportation consulting business, announced the launch of a new factoring division. The new unit will be headed by equipment leasing veteran Greg Lefebre. read more

Hitachi Capital America Launches Canadian Finance Subsidiary

Hitachi Capital America said it has established a wholly owned subsidiary, Hitachi Capital Canada, effective October 1, 2012. HCC will initially target the truck transportation market, building on its U.S. relationships with several major truck manufacturers. read more

CNG Leasing Grows Nationwide Team

CNG Leasing said it has joined forces with Bob New Inc. in a joint venture. Under the JV, Bob New Inc. has expanded its product line to include merchant cash advances, business loans, working capital loans and SBA financing. read more

Bank of Birmingham Adds Equipment Financing, Names EVP

The Bank of Birmingham said it has expanded its business services to include equipment lease financing and has named Robert W. Leonard as executive vice president of the new equipment leasing business. read more

Babson Capital Launches Middle-Market Lending Group

Babson Capital said it has formed a new Chicago-based Middle-Market Lending Group. Ian M. Fowler, Brian C. Baldwin and Mark J. Flessner will lead the group, bringing 50 years of combined experience, most notably as principal investors for Freeport Financial and GE Capital's Global Sponsor Finance Group. read more

GSG Leasing Launches GSG Energy Finance Division

GSG Leasing, a boutique equipment finance company, announced the creation of the GSG Energy Finance Division, which will concentrate on supporting manufacturers, vendors and end users in the development of energy efficient solutions. read more

Dahlka to Head New Equipment Finance Unit at Cole Taylor

Taylor Capital announced that Cole Taylor Bank has launched a new equipment finance division led by Edward A. Dahlka, Jr., a nationally recognized industry leader and former president of LaSalle National Leasing. read more

TIP Capital Launches Specialty Markets Group

TIP Capital said it has developed a new Specialty Markets Group designed to assist vendors, manufacturers and resellers in establishing competitive financing programs to complement their direct sales. read more

Eastern Funding Launches Specialty Vehicle/Equipment Unit

Eastern Funding said it has launched a new Specialty Vehicle and Equipment funding the division. The unit will provide lending, leasing and direct financing programs for specialty vehicles, tow trucks and equipment. read more

Alliance Partners Launches Equipment Finance Division

Alliance Partners announced the expansion of its commercial lending business with the launch of Alliance Partners Equipment Finance. The new division will be led by managing director Jay Squiers and supported by directors Jim Lyons and Drew Hayes. read more

Forum Financial Launches New Equipment Leasing Division

Forum Financial Services said it is launching a new leasing division, DFW Equipment Leasing, focusing on companies in the North Texas area. read more

SWK Holdings Launches Specialty Finance Business

SWK Holdings said it has hired J. Brett Pope and Winston L. Black III as its CEO and managing director, respectively to build a specialty finance and asset management business. read more

Northpoint Commercial Finance Enters Marine Industry

Newly formed Northpoint Commercial Finance, an inventory finance company, announced its entry into the marine industry. The company is majority owned by affiliates of Perella Weinberg Partners' asset-based value strategy. read more

Signature Bank Names Rabin to Lead New Specialty Finance Group

Signature Bank said it has formed a new subsidiary, Signature Financial, focused on equipment finance and leasing, transportation financing and taxi medallion financing. Walter Rabin, joins Signature Financial as president in June 2012, will lead the team. read more

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