New Ventures

Former Marlin CEO to Lead New Leasing Business for Beneficial

Beneficial Bank formed Neumann Finance, a new equipment leasing firm, which will be run by former Marlin executives Daniel Dyer and George Pelose. read more

Bank of the West Opens Dallas Commercial Banking Center

Bank of the West opened a new Commercial Banking Center in Dallas. Susan Gardner was recently hired as managing director and regional manager and will lead the new center. read more

CCG Hires Sala to Run Transfac Capital

Commercial Credit Group hired Steven Sala to head its newly acquired factoring subsidiary, Salt Lake City-based Transfac Capital. read more

Stonebriar Relaunches SCF Aviation Capital Platform

Stonebriar Commercial Finance relaunched its SCF Business Aviation platform as SCF Aviation Capital with the expansion of its capabilities to include both commercial and business aviation. read more

Crestmark Opens Canadian Office in Ontario, Dounas to Lead

Crestmark announced the opening of a Canadian location with Nick Dounas joining as vice president and head of Canadian originations. read more

Air Lease, Napier Park Establish Second Aircraft Leasing Joint Venture

A wholly-owned subsidiary of Air Lease entered into a joint venture with a co-investment vehicle arranged by Napier Park Global Capital for the purpose of investing in commercial aircraft leasing. read more

GA Telesis Launches Specialty Finance Unit for Inventory Leasing

GA Telesis launched Structured Credit Products, a specialty finance unit to focus on structured financial solutions for airline, MRO and OEM customers. The initial focus strategy will be inventory leasing. read more

National Bank of Commerce Launches Equipment Finance Group

Birmingham, AL-based National Bank of Commerce appointed Gary Bond to establish a new equipment finance group, focused primarily on the trucking industry. read more

DLL Launches Lease by the Hour Solution

DLL launched a Lease by the Hour solution in the U.S. market. It is designed to provide customers with a flexible usage-based solution for saving money when financing equipment. read more

Encina, Oaktree Launch Independent Equipment Finance Company

Encina Capital Partners and an affiliate of certain funds managed by Oaktree Capital Management launched Encina Equipment Finance, a new independent equipment finance company. read more

Farm Credit EXPRESS Introduces Equipment Leasing Program

Farm Credit EXPRESS, the equipment financing program offered by Farm Credit, launched a new leasing program. The program was rolled out to Farm Credit’s equipment dealer network on April 3. read more

Peapack-Gladstone Adds New Team Members to Launch Equipment Leasing Unit

Peapack-Gladstone Financial added a new team of private bankers to launch Peapack Capital, which will focus on equipment finance and leasing. read more

Harris Launches JetLoan Capital; Malanowski to Lead Operations

Aviation finance industry veteran Sam Harris launched JetLoan Capital, with Melanie Malanowski heading operations. read more

City National Bank Launches Equipment Finance Business in Orlando

The Orlando Sentinel reported that City National Bank is opening an equipment finance subsidiary in Orlando. read more

Penske Truck Leasing Forms Onboard Technology Consulting Group

Penske Truck Leasing established an onboard technology consulting group within its existing operations. read more

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