Of Interest

At its second Houston auction of the year, Ritchie Bros. sold over 4,400 equipment items over two days for more than $47 million. read more

APR 19, 2019 - 6:30 am

From April 30 through May 4 in Edmonton, Canada, Ritchie Bros. will host its annual spring auction, featuring equipment from hundreds of companies across Western Canada. read more

APR 16, 2019 - 6:30 am

Bloomberg reported talks between General Motors and electric-vehicle startup Rivian Automotive about the largest U.S. carmaker buying an equity stake have reached a stalemate. read more

APR 15, 2019 - 7:00 am

CIBC Innovation Banking has closed a $7 million growth capital financing for Parchment a company that digitizes and distributes education credential records, ranging from K-12, colleges and universities, to trade schools. read more

APR 11, 2019 - 7:05 am

Stonebriar Commercial Finance closed its previously announced fifth commercial equipment asset-backed securitization, SCFET 2019-1, a $650 million ABS issuance with top tranches rated triple A. read more

APR 11, 2019 - 7:03 am

In March, Med One Group booked a lease totaling more than $28 million for a large healthcare company based in Virginia. read more

APR 11, 2019 - 6:15 am

Liberty Capital Group has just passed a new funding milestone of $150 million. Comprised of term-loans, business cash advances and equipment leasing, the capital for this funding was sourced from direct funding, syndication and through a network of lenders across the nation. read more

APR 10, 2019 - 7:30 am

Machine tool orders totaled $337.2 million in February 2019 accounting for a 15 percent decline from January and a seven percent decline from the previous February, according to the latest USMTO report from AMT. read more

APR 9, 2019 - 7:10 am

In an ever-evolving supply chain finance (SCF) industry, financial technology providers continue to disrupt the bank-led status quo and garner an increasing market share because of their flexible financing strategies. read more

APR 9, 2019 - 6:55 am

Macquarie Infrastructure Corporation has reached agreements for the sale of each of its portfolios of operating wind and solar power generation businesses. Aggregate gross proceeds to MIC from the sales are expected to be $215 million. read more

APR 9, 2019 - 6:51 am

Excessive debt continues to be an underappreciated factor in the demise of many retail chains, writes Bradley W. Snyder, a Tiger Capital Group executive managing director, in the weekly newsletter of Mann Publications’ Fashion Mannuscript magazine. In the featured story Snyder, a corporate advisor on... read more

APR 9, 2019 - 6:45 am

Gordon Brothers has acquired assets formerly owned by Coalcliff Pty, including trucks (prime movers, service trucks, and water trucks), trailers, loaders, excavators, rollers, dump trucks, graders, dozers, light vehicles and miscellaneous workshop assets and assorted parts. read more

APR 8, 2019 - 8:00 am

Equipment Leasing Group of America (ELGA) will be exhibiting at the 31st Annual National Funding Conference, April 9-11, at Swissôtel Chicago. read more

APR 8, 2019 - 7:10 am

Economic activity in the non-manufacturing sector grew in March for the 110th consecutive month, according to the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report on Business. read more

APR 4, 2019 - 6:50 am

Bank of America was today ranked the top financial institution in the 2019 LinkedIn Top Companies list. This is the first time the bank has been included in the fourth annual list that recognizes the 50 most sought-after places to work in the U.S. read more

APR 4, 2019 - 6:40 am