New Ventures

PerCina Report Launches as Credit Underwriting Tool for Equipment Finance and Structured Credit

PerCina Report launched as a credit underwriting tool designed for the equipment finance and structured credit markets. PerCina Report intends to empower credit analysts at any skill level to create higher-quality credit reports more efficiently. read more

Cisco Capital Launches Program to Accelerate Technology Investments

Cisco launched the Cisco Capital Business Acceleration Program. Offered through Cisco Capital, the program is designed to help customers mitigate financial challenges based on overall market uncertainty. read more

AITX Launches European Railcar Services Platform

AITX, a North American provider of railcar services, launched a European railcar platform to offer European manufacturers, operating lessors and freight shippers access to resources across fleet management, leasing solutions, regulatory management and maintenance operations. read more

BMO Canadian Business Banking Launches Climate Financing Program

BMO Canadian Business Banking launched Greener Future Financing — its first climate financing program — which has been developed to help agriculture businesses looking to build climate resilient operations. read more

New Combined Beverage Equipment Supplier to Offer Beverage Equipment Financing

A collection of six American craft beverage equipment suppliers merged in a $100 million deal to create Lotus Beverage Alliance. In addition to providing more than 1,500 beverage equipment products, the combined company also introduced a proprietary financing program. read more

Fulton Bank Launches Diverse Business Banking Program

Fulton Bank, a subsidiary of Fulton Financial, launched a diverse business banking program designed to meet the needs of minority, women, veteran and LGBTQ-owned businesses. read more

Former Balboa Capital Content Manager Launches Financial Content Writing Business

Kevan Wilkinson, who previously served as digital content manager and writer at Balboa Capital for more than a decade, launched Kevan Writes, a new fintech and financial content writing business. read more

CSI Leasing Launches Subsidiary in Indonesia, Wicaksono to Lead

CSI Leasing continued the expansion of its Asia-Pacific operations by opening a subsidiary in Jakarta, Indonesia. Rio Wicaksono will manage CSI Indonesia. Wicaksono has nearly 20 years of finance experience, most recently from PT Century Tokyo Leasing Indonesia. read more

First Federal Bank Launches New Equipment Finance Business Line

First Federal Bank launched a corporate equipment financing line of business, a recent addition to its capital solutions division. The new team will be led by William Badgio. read more

AdvancePoint Capital Launches Restaurant Financing Products

AdvancePoint Capital, a provider of small business loans and equipment financing, launched a suite of new restaurant financing products, including working capital loans, point of sale system financing and restaurant equipment financing. read more

Hancock Whitney Establishes New ABL Division, Knuckles to Lead

Hancock Whitney established a new asset-based lending division primarily serving 12 states across the southern United States. Mike Knuckles will lead the line of business based in suburban Atlanta and direct all recruiting and hiring. read more

NAFA Launches ESG Reporting Tool for Fleet Professionals

The NAFA Fleet Management Association (NAFA), a vehicle fleet industry association, launched ESGi, a new environmental, social and governance reporting offering for the fleet community. read more

Regions Bank Launches International Subsidiaries Banking Group, Barros to Lead

Regions Bank launched an international subsidiaries banking group to deliver financial insights and banking services to subsidiaries of international corporations operating in the United States. Laerte Barros, who joined Regions Bank in 2022 from BBVA, will lead the new team. read more

Black Equipment Finance Network Holds Historic In-Person Networking Event at NEFA Summit

The Black Equipment Finance Network (BEFN) held its inaugural mixer at the National Equipment Finance Association's' recent Finance Summit, marking the group's first in-person event. read more

Gibraltar Business Capital Unveils Gibraltar Equipment Finance

Gibraltar Business Capital launched its new equipment financing business, Gibraltar Equipment Finance, which will provide equipment loans and leases from $1 million to $20 million. Jeffry S. Pfeffer will lead the new business as president. read more

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