New Ventures

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

Priority One Expands Into Equipment Financing

Priority One Financial Services said it has launched equipment financing services for shuttle bus and motorcoach dealers. read more

Monroe Capital Launches National ESOP Lending Practice

Monroe Capital announced Ty Dealy has joined the firm as a managing director to establish an Atlanta office and will lead the firm’s launch of a national ESOP lending practice. read more

CIT Launches Maritime Finance Business

CIT said it has launched CIT Maritime Finance, which will originate and underwrite blue water vessel financing. Svein Engh was appointed managing director and group head of the business. read more

Monroe Capital Launches MC Healthcare Finance

Monroe Capital announced it has launched MC Healthcare Finance, a new finance company that will provide asset-based funding for healthcare companies. James Irwin and Terry Cady will lead the new enterprise. read more

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

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com