New Ventures

River Capital Finance Launches SaaS Company

River Capital Finance announced the launch of River SaaS Capital, a company specializing in debt financing options for software-as-a-service (SaaS) companies located in the U.S. read more

Element Outlines Business Separation Plan

Details have emerged concerning Element Financial’s announcement that it would separate into two separate companies: Fleet Management and Commercial Finance. read more

Stonebriar Adds Sandler, Launches Business Aviation Unit

Stonebriar Commercial Finance acquired the Guggenheim Business Aircraft Investments team, led by Nicholas M. Sandler, along with 16 aircraft under long-term leases with an asset value in excess of $220 million. read more

Stride Capital Launches in Western Canada

Stride Capital, an independent equipment lease and finance company based in Alberta, Canada, officially opened this week. read more

Bergeron Launches New Leasing Venture

Long-time equipment finance and leasing industry veteran Lee Bergeron announced the launch of a new startup, Taunton Commercial Capital. read more

Encina Capital, Oaktree Affiliate Launch Independent ABL Platform

Encina Capital Partners and an affiliate of Oaktree Capital Management launched Encina Business Credit, a new independent asset-based lending platform targeting middle-market borrowers in the U.S. and Canada. read more

Premier Trailer Leasing Expands West Coast Presence

Premier Trailer Leasing opened a new branch location near Stockton, CA. read more

Ascentium Capital Launches Merchant Finance Division

Ascentium Capital is now offering a specialized financing program to independent sales organizations and to their clients, retail merchants. read more

Aviation Capital Group Forms Aircraft Leasing Joint Venture

Aviation Capital Group formed an aircraft leasing joint venture with Chow Tai Fook Enterprises and NWS Holdings for the purpose of investing in the purchasing, leasing and selling of commercial aircraft. read more

Chicago-based Investors Launch Railcar Leasing Company

Three Chicago-based investors, affiliates of Allstate, Duchossois Capital Management and CC Industries formed Riverside Rail, a new freight railcar leasing company. read more

GE Aviation Creates Digital Business, Daily to Lead

GE Aviation created a digital organization to bring all of the digital expertise into one business. Jim Daily will lead the group as president and chief digital officer of Engineering and Technology. read more

ROMCO Equipment Opens New Division

ROMCO Equipment opened a new division called ROMCO Power Systems, which will provide sales and service of new and rebuilt engines, generators and industrial pumps. read more

Vertex Railcar Launches Leasing Company

Vertex Railcar announced the launch of Vertex Rail Leasing, which is a wholly owned subsidiary of Vertex Railcar and will serve as a leasing partner to support customers who prefer leasing. read more

SunTrust Launches FinTech-Focused Commercial Banking Specialty

SunTrust launched a new payments and technology industry specialty in Commercial and Business Banking. Eric Brewer, current head of Treasury and Payment Solutions at SunTrust, will lead this new specialty. read more

Navitas Buys Liberty Financial, Launches Specialized Vehicle Finance Unit

Navitas Lease announced the purchase of Liberty Financial in order to accelerate its entry into the vocational vehicle and related equipment marketplace. read more

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Terry Mulreany
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