Of Interest

Amazon Provides More Than $3B Small Business Loans

Amazon Lending has surpassed $3 billion in small business loans to date since the program launched in 2011. Amazon Lending offers short-term business loans, for up to 12 months, to invited micro, small and medium businesses selling on Amazon. read more

Textron Aviation Delivers 2,000th Cessna CJ

Textron Aviation recently celebrated the delivery of the 2,000th aircraft from its Cessna CJ light jet family. read more

May Y/Y Commercial Bankruptcies Increase, Chapter 11 Filings Fall

According to the American Bankruptcy Institute, citing data for Epiq Systems, total U.S. bankruptcy filings increased 5% in May 2017 compared to the same period in 2016. read more

GE Transportation to Supply 20 Locomotives to Pakistan Railways

Pakistan Railways and GE Transportation announced that GE will provide 20 locomotives to help in the transportation of people and goods across the country’s mountainous northern terrain. read more

Monitor Launches Pick the Monitor 100 Winner Contest

With Banc of America Leasing and Wells Fargo Equipment Finance both in the running, Monitor is holding a contest to see who can guess which company earned the No. 1 spot in this year’s rankings and the net asset difference between the two. read more

National Funding CEO Named Entrepreneur of the Year Finalist

National Funding Founder and CEO David Gilbert was named a finalist for the Entrepreneur of the Year Award in the San Diego region by EY. read more

Nearly Half of U.S. Firms Using IoT Hit by Security Breaches

According to a survey, nearly half of U.S. firms using an Internet of Things (IoT) network have been hit by a recent security breach, which can cost up to 13% of smaller companies’ annual revenues. read more

Celtic Capital Provides Financing to Plastic Injection Molding Firm

Celtic Capital provided $900,000 in total financing to a Southern California-based plastic injection molding company. read more

ABN AMRO, KEXIM Commit $150MM to Finance DryShips’ VLGCs

DryShips received a firm commitment for up to $150 million with ABN AMRO bank and Export-Import Bank of Korea to partly finance the delivery of four very large gas carriers. read more

Boeing, Gulfstream, Bombardier Biz Jets Compete for Military Contract

According to the Seattle Times, Boeing’s Renton-built 737 jet, Gulfstream’s G550 and the Bombardier Global 6000 business jet are competing for a $6.9 billion special mission contract. read more

TLG to Offer Bid-Free Peterbilt Truck Purchasing to Municipalities

The Larson Group entered into a new partnership with its OEM manufacturer, Peterbilt Motors Company, and the National Joint Powers Alliance. read more

Frost & Sullivan Addresses the “Future of Freight”

According to Frost & Sullivan, the digitalization of the logistics industry impacts each element of the value chain – from the shipper, to the broker and the carrier to the warehouse. read more

Cooper Equipment Rentals Closes $150MM Asset-Based Senior Credit Facility

Cooper Equipment Rentals closed an expanded C$150 million ($111.45 million) asset-based senior secured credit facility. read more

SFIG Adds Two Senior Securitization Leaders

The Structured Finance Industry Group hired Covell Adams as chief administrative officer and Scott Brody as Director of Education and Conferences. read more

GATX Receives Award from American Chemistry Council

GATX received a Responsible Care 2017 Partner of the Year Award from the American Chemistry Council. The award was presented to GATX at the ACC’s annual Responsible Care Conference and Expo in Miami. read more

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Terry Mulreany
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