New Ventures

Equify Financial Hires Krajewski to Expand Small-Ticket Dealer/Vendor Program

Equify Financial added Dan Krajewski to its executive team as executive vice president. Krajewski will implement the expansion of Equify’s small-ticket dealer/vendor channel equipment finance business and the company’s capital markets development. read more

Great American Insurance Group Adds APIs to Programs for Equipment Finance

Great American Insurance Group added the power of API technology to its insurance programs for commercial equipment finance. read more

First Citizens Bank Launches Middle-Market Banking in Southeast

First Citizens Bank launched a middle-market banking unit to support the financial needs and goals of midsized businesses across the Southeast. read more

Manufactured Raises $13MM to Expand Inventory Financing, Adds Ivanova as Head of Finance

Manufactured, a manufacturing, finance and distribution company, raised $13 million from Tenacity Venture Capital and TriplePoint Capital to expand its inventory financing solution for consumer brands. Zara Ivanova, newly hired head of finance at Manufactured, is spearheading this new initiative. read more

SMFL Partners with Interstate Online Software to Launch New Inventory Website

Sumitomo Mitsui Finance and Leasing (SMFL) partnered with Interstate Online Software (also known as SOARR), a provider of inventory management and digital marketing solutions for the commercial truck industry, to launch an online inventory remarketing website. read more

Trustmark Introduces New Equipment Finance Line of Business

Trustmark National Bank introduced a new line of business, equipment finance, in its specialty banking division based in Atlanta. Trustmark’s equipment finance team will be led by Joe Hines, who joined Trustmark in June as managing director of equipment finance. read more

MUFG Launches Direct Lending Group, Maley to Lead

Mitsubishi UFJ Financial Group (MUFG) launched a direct lending group that will focus on providing loans to the bank's private equity sponsor clients to support their portfolio company LBO and recapitalization transactions. Matt Maley will lead the team. read more

Monitor Launches Monitor Suite, Opening Access to Exclusive Content

Today, Monitor officially launched Monitor Suite, the preeminent subscription platform for exclusive premium equipment finance industry content. Upon launch, Monitor Suite subscribers gain immediate access to the 2022 Monitor 100, Monitor’s library of data reports and the first three episodes of Three Minutes, Monitor Suite’s first exclusive video series. read more

Citadel Credit Union Launches Business Banking Division

Citadel Credit Union has officially launched its new business banking division – complete with a full suite of products, a new team and the kickoff of a multichannel marketing campaign – "Better Business Banking Has Arrived." read more

United Rentals Launches Total Control Emissions Tracking for Rental Equipment

United Rentals launched a new data-driven solution in its cloud-based Total Control fleet management platform, which helps to provide information customers can use as part of their programs to monitor and manage their environmental impact. read more

Owl Rock Makes Equity Commitment to New Leasing Platform

Certain of Owl Rock’s funds made an initial equity commitment to Amergin Asset Management, a newly formed portfolio company created to invest in a leasing platform focused on railcar and aviation assets. Mark McGreenery will lead the new company. read more

Castlelake Partners with Aequum Capital to Establish Specialty Lending Platform

Castlelake and Aequum Capital entered a partnership to establish a new commercial lending platform for the origination and servicing of senior asset-backed loans to small and medium-sized businesses in the United States. read more

Customers Commercial Finance Launches SMB Vertical, Adds New Hires

Customers Commercial Finance launched a SMB vertical and hired Jason Adler as head of sales, Mike O’Connell as head of credit and portfolio management, Scott Keenan as head of product innovation and Jennifer Oleniak as senior operations manager to support the new division. read more

Monitor to Launch “Monitor Suite,” a Subscription Platform for Exclusive Equipment Finance Content

Monitor introduced Monitor Suite, the preeminent subscription platform for exclusive premium equipment finance industry content, which will launch Aug. 9. Featuring high quality streaming video series, a library of in-depth data reports, members-only events and livestreams and much more, Monitor Suite is open for pre-registration at a special introductory annual rate of $99 for a limited time. read more

EV Manufacturer Fisker Launches Financing Platform

Fisker, a manufacturer of electric vehicles, launched Fisker Finance, a digital financing platform offering loan purchase options to Fisker customers. Fisker Finance plans to begin offering financing in Q4/22. read more

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Terry Mulreany
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