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

JUL 2, 2012 - 7:35 am

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

JUN 26, 2012 - 7:20 am

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

MAY 22, 2012 - 7:20 am

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

MAY 16, 2012 - 8:23 am

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

APR 26, 2012 - 7:05 am

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

APR 4, 2012 - 8:35 am

TCF National Bank announced the creation of a new commercial banking division called TCF Capital Funding. The new unit will specialize in asset-based and cash-flow lending to smaller middle-market companies across the U.S. read more

MAR 21, 2012 - 8:30 am

Perella Weinberg Partners said that Perella Weinberg Partners' Asset Based Value strategy partnered with a team of industry veterans to form Northpoint Commercial Finance, a non-auto inventory finance lender. read more

MAR 9, 2012 - 8:20 am

CHH announced a long-term strategic partnership with a Norwegian maker of fixed chamber round balers, compactors and tractor trailers. CNH notes the partnership was a sign of CNH's intention to strengthen its presence in the hay & forage business. read more

MAR 9, 2012 - 8:05 am

Balboa Capital announced the hiring of five professionals for its newly formed commercial vehicle vendor financing team. Jack Hirsh, Jim Bryan, Brian McDermott and Richard Parker are regional managers, and Wayne Pass is credit manager. read more

FEB 29, 2012 - 8:29 am

Wells Fargo Capital Finance said it has launched its Channel Finance division, which will provide worldwide channel financing solutions to resellers, distributors and vendors in the technology industry. read more

FEB 22, 2012 - 8:25 am

Lease Corporation International said it has signed an agreement covering the purchase of a fleet of AgustaWestland helicopters for a new division being set up by the lessor. The contract is valued in excess of $400 million. read more

FEB 13, 2012 - 8:30 am

Steve Hudson, CEO of Element Financial, said Tony Bergeron has been appointed executive vice president and will lead Element Capital, a newly formed business unit dedicated to large equipment finance and leasing transactions. read more

JAN 30, 2012 - 8:30 am

NXT Capital announced the launch of NXT Capital Venture Finance to be led by Jan Haas, former president and CEO of Velocity Financial Group and a 15-year industry veteran.Haas will be joined at NXT Capital by the entire Velocity Financial Group team. read more

OCT 17, 2011 - 9:13 am

Balboa Capital said it has just launched a hotel-specific franchise finance program to assist franchisees within the lodging and hospitality industry. read more

OCT 12, 2011 - 4:02 pm