New Ventures

Macquarie Group Launches Helicopter Leasing Business

Macquarie Group announced the launch of Macquarie Rotorcraft Leasing. Jeffrey Pino and James Clarke have been appointed chief executive officer and chief operating officer, respectively. read more

National Bank Holdings Launches NBH Capital Finance

National Bank Holdings said it has formed a new specialty finance division, NBH Capital Finance. Chris Randall, previously head of CoBiz Structured Finance, will lead the group. read more

Cole Taylor Bank Forms ESOP Finance Group

Cole Taylor Bank announced it has formed a national ESOP Finance Group. The bank said that Patrick J. Stoltz, group SVP, will head up this group reporting to Lawrence G. Ryan, EVP and chief lending officer. read more

BofI Federal Bank Launches Healthcare Finance Unit

BofI Federal Bank announced the addition of a HealthCare Finance specialty in its C&I lending division. James Irwin, Jr., founder and president of MC Healthcare Finance, was named to lead the unit. read more

Wells Fargo Expands Technology Finance in UK

Wells Fargo Capital Finance announced the expansion of its Technology Finance lending capabilities in the UK. Steven Osborne, previously an underwriter with Burdale Financial, will lead the initiative for the London-based team. read more

NXT Capital Launches Equipment Finance Business

NXT Capital announced the launch of NXT Capital Equipment Finance, a new business that will be led by equipment finance industry veteran Michael Gay. The group will provide loans and leases from $2 million to $20 million. read more

Goldman Registers Liberty Harbor Capital

Goldman Sachs has registered a specialty finance company, Liberty Harbor Capital, that will be regulated as a BDC. The company will focus on middle-market companies that have been underserved in recent years by banks. read more

CapitalSource Starts Healthcare Construction Finance Program

CapitalSource said it has launched a new healthcare construction finance program to help skilled nursing providers upgrade their physical plants. read more

Hertz Equipment Rental, Donlen Launch HERC Ready Finance

The Hertz Corporation and Donlen, a provider of financing and asset management solutions for the fleet industry, announced the launch of HERC Ready Finance, an equipment acquisition program, in collaboration with Hertz Equipment Rental Corporation. read more

American Financial Launches Bankers' Equipment Leasing

Spencer Richman and Richard Homan said they have launched a new division of American Financial Network, Bankers' Equipment Leasing, to provide Midwest community bankers the opportunity to offer equipment leasing to commercial customers. read more

Crestmark Adds Equipment Financing

Crestmark said it has expanded its services to include equipment financing. read more

Marlin Launches Industrial Finance Group

Marlin Business Services said it has launched an Industrial Finance Group and hired Rich Garwood as VP of the unit. Garwood most recently worked at GE Capital Dealer Financial Services as VP/region sales manager. read more

Creditors Trade, Fortune Capital Form Joint Venture

Creditors Trade Association, a capital asset recovery business, said it has formed a joint venture with Fortune Capital Recovery to target major business accounts in securing payment of delinquent receivables. read more

Hennessey Capital Adds Equipment Financing

Hennessey Capital, a division of Hitachi Capital America, announced that it is offering equipment financing to complement its traditional revolving lines of credit. read more

Van Etten to Lead New Scottrade Equipment Finance

Scottrade Bank said it has launched Scottrade Bank Equipment Finance and hired industry veteran Fred Van Etten to serve as president of the division. read more

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Terry Mulreany
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