Of Interest

GE Sells Building in Montana as Part of GE Capital Restructuring

According to a local news report, GE has completed the sale of a building in Billings for $8 million that was previously occupied by GE Capital which opened in 2010 to “great fanfare.” read more

Altman Index: U.S. Middle Market Grew by 8.94% in Q2/17

According to the Golub Capital Altman Index, middle market private companies experienced year-over-yearyear revenue growth of 8.94% during the first two months of Q2/17. read more

IDS Releases Rapport 7.0 and InfoLease 10.3

International Decision Systems released Rapport 7.0 origination solution and InfoLease 10.3 portfolio management solution featuring new capabilities. read more

Fastbrick Robotics Signs MOU with Caterpillar

Fastbrick Robotics has entered into a memorandum of understanding with Caterpillar to develop a framework for collaboration regarding the development of Fastbrick’s robotic bricklaying technology. read more

June Commercial Chapter 11 Filings Increase 16% Year/Year

According to the ABI, total commercial chapter 11 bankruptcies for the month of June 2017 were 581, representing a 16% increase from the 502 commercial filings in June 2016. read more

AviaAM Leasing Delivers 737 Business Jet to KlasJet

AviaAM Leasing has delivered a Boeing 737 business jet to European business aviation company KlasJet. The business jet was modified to fulfill the needs of large groups of business travelers. read more

Monitor to Observe July 4th Holiday

The Monitor and monitordaily.com office will be closed on Monday, July 3 and Tuesday, July 4 in observance of Independence Day. We will return on Wednesday, July 5 to bring you our coverage of the equipment finance industry. read more

All Banks Pass Fed Stress Tests for First Time Since Testing Began

The Wall Street Journal reported that all 34 banks that underwent the annual stress test from the Federal Reserve had their capital plans approved. read more

Disruption Brings Opportunities and Risk to the Middle Market

A Capital One Commercial Bank study revealed that middle-market companies expect disruption but may be unprepared for the potential downside. read more

Solar Panel Tariffs Could Have Devastating Effect On Industry

According to Bloomberg, citing a report from GTM Research, a request to put tariffs on solar panels could eliminate two-thirds of the solar systems forecasted to be installed in the next five years. read more

Ryder Named to Food Logistics’ Top Green Providers List for 2017

For the sixth consecutive year, Ryder was named one of the “Top Green Providers” by Food Logistics. read more

KBRA Explains Private Placement Ratings Aid to Aircraft Financing

Kroll Bond Rating Agency noted that the private-placement market for aviation-related debt has become an important component of funding and liquidity for issuers and investors alike. read more

Stonebriar Subsidiary Provides $14.4MM in Real Estate Financing

NonBank Lender, a Stonebriar Commercial Finance company, provided $14.4 million of real estate purchase and improvement financing utilizing the SBA’s 504 Loan Program. read more

Key Energy Services Sells Frac Stack and Well Testing Assets

Key Energy Services has closed on the sale of its frac stack and well testing assets to Covenant Testing Technologies for $23.7 million. read more

Crestmark Honored as Economic Bright Spot by Corp! Magazine

Crestmark Bank was recognized by Corp! Magazine as one of Michigan’s Economic Bright Spots for 2017. The award celebrates companies with continued economic growth, expansion and hiring over the last 10 years. read more

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Terry Mulreany
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