HSBC Bank USA, part of the HSBC Group, will begin offering sustainability-linked loans (SLL) that will enable U.S businesses to tie their borrowing to activities that support sustainability initiatives. read more
JUN 17, 2021 - 6:14 am
First Commonwealth Bank will enter the equipment leasing and finance business with the addition of Rob Boyer to its executive team as executive vice president of First Commonwealth Bank and president of First Commonwealth Equipment Finance Group. read more
JUN 15, 2021 - 6:50 am
Wintrust Commercial Finance launched Wintrust Commercial Finance Aviation Group, a new group supporting businesses in the aviation industry. Wintrust Commercial Finance hired Michael Cole as senior vice president to spearhead the development of the group. read more
JUN 15, 2021 - 6:46 am
EnTrust Global and funds managed by Strategic Value Partners and its affiliates (SVPGlobal) completed the acquisition of DVB Bank Group’s aviation investment and asset management business, resulting in the formation of Deucalion Aviation. read more
JUN 15, 2021 - 6:43 am
KKR launched AV AirFinance Limited, a global commercial aviation loan servicer established by a team of industry professionals together with KKR. To support the launch, KKR and AV AirFinance agreed to purchase a nearly $800 million portfolio of aviation loans from CIT. read more
JUN 14, 2021 - 7:08 am
Tech Data launched Tech Data Capital, a captive finance company that offers payment solutions to help businesses acquire Tech Data technology products and services. read more
JUN 9, 2021 - 6:47 am
Funds managed by Stonepeak Infrastructure Partners, a private equity firm specializing in infrastructure investing, partnered with Bellinger Asset Management to complete the acquisition of a $1.1 billion performing aircraft loan portfolio from National Australia Bank. read more
MAY 25, 2021 - 6:22 am
After a year-long pilot program, APPROVE, a software-as-service (SaaS) solution powered by a network of equipment financing companies, officially launched this week. APPROVE is a product of KWIPPED, a technology innovator in B2B equipment e-commerce. read more
MAY 20, 2021 - 6:39 am
Moritt Hock & Hamroff’s corporate/M&A, estate planning and employment practice groups created the firm’s closely-held/family business practice group. Brian Adelman, Jill T. Braunstein, Keith J. Frank, Stephen J. Ginsberg, Louis P. Karol and Tina M. Kassangana are the members of the new group. read more
MAY 18, 2021 - 6:15 am
BHI launched a new not-for-profit division, which will provide financial solutions to nonprofits. Andrea S. Kantor, a banker with 25 years of experience, will lead the new division. read more
MAY 12, 2021 - 6:14 am
Star Hill Financial, a certified Women Business Enterprise, created a new division: SH Franchise Finance. Star Hill Finance also added Mike Orlov and Greg McNally as senior vice presidents and business development officers and Christopher Wellbrock as senior vice president of credit. read more
MAY 3, 2021 - 6:58 am
Richmond Group, an equipment and auto lessor advisory firm, launched two new outsourcing services aimed at providing savings in back-office processes and systems costs for equipment and auto finance companies. The new services are branded as “Move to Improve.” read more
APR 23, 2021 - 7:22 am
Following its acquisition of Rouse Services last year, Ritchie Bros. combined Rouse with its own appraisal business to form a single entity: Rouse Appraisal Services. read more
APR 19, 2021 - 6:43 am
JPMorgan Chase Commercial Banking launched a green economy specialized industry team, which will be led by Brian Lehman, who was named the head of green economy. read more
APR 9, 2021 - 6:32 am
The Greenbrier Companies, an international supplier of equipment and services to global freight transportation markets, completed the formation of GBX Leasing, a special purpose subsidiary, to own and manage a portfolio of leased railcars primarily built by Greenbrier. read more
APR 6, 2021 - 2:47 pm