Of Interest

Cessna’s Citation Longitude Completes First Flight

Cessna Aircraft, a subsidiary of Textron Aviation, completed the successful first flight of its Citation Longitude super-midsize jet. read more

Guggenheim Partners Sells Commercial Aviation Division to Management Team

Global investment and advisory firm Guggenheim Partners sold its commercial aircraft investment and management business, Guggenheim Aviation Partners, to the GAP management team. read more

ECS Financial Services Unveils New Website

ECS Financial Services launched a new version of its website. The website was redesigned to provide better response and to focus on ECS’ commitment to providing financial services to the leasing industry. read more

TCB Taps Senior Bankers to Expand SBA Capabilities

Texas Capital Bank hired John Gannon as leader of sales and operations and Clyde Thompson as credit officer to expand its ability to provide small business administration lending. read more

Quick Bridge Funding Names Reickerd Director of Marketing

Quick Bridge Funding hired Lisa Reickerd as its first director of marketing. read more

Keg Equipment Finance Company Keg Logistics Acquires Atlas Keg

Keg Logistics, a provider of keg and equipment financing to breweries, acquired Birmingham, AL-based Atlas Keg Company, which supplies kegs to the U.S. craft brewing industry. read more

Molloy Associates Celebrates One-Year Anniversary Since Relaunch

Molloy Associates (MA), an executive search firm specializing in the equipment finance and leasing industry, will celebrate its one-year anniversary since re-entering the market after a five-year hiatus. read more

FDIC: Q2/16 Loan Growth Higher, Noncurrent C&I Loans Increase

The FDIC reported expanding loan portfolios generated higher levels of net income in Q2/16. The regulator also noted noncurrent C&I loans increased with charge-offs up 13% year/year. read more

SKY Leasing Closes $750MM Warehouse Facility

SKY Aviation Leasing closed a $750 million warehouse debt facility. Deutsche Bank acted as sole structuring agent, joint syndication agent and joint lead arranger. read more

Fried Joins White Clarke Group’s U.S. Consultancy Division

The White Clarke Group appointed Allan Fried to its North American Consultancy division as Senior Consultant. He joined the business in August. read more

Trinity Capital Investment Launches New SBIC Fund

Trinity Capital Investment launched a third fund, Trinity Capital Investment Fund III, which is expected to provide $600 million of additional capital. read more

Former GE Capital Franchise Finance SVP Joins Stonebriar Realty Capital

Stonebriar Commercial Finance added Gregg Seibert as EVP and chief operating officer of its Realty Capital Management team. Seibert formerly held roles at Spirit Realty Capital and GE Capital Franchise Finance. read more

Fed Moves to Provide Stress Test Relief for Regional Banks

The Fed is proposing to modify its capital plan and stress testing rules for the 2017 cycle that would remove banks with less than $250 billion in assets from being included in the annual CCAR qualitative review. read more

Nations Equipment Finance Named a Top Workplace in Connecticut

Nations Equipment Finance was awarded second place in the small business category for 2016 Top Workplaces honor by Hearst Media Services. read more

Global Jet Says $178B Needed For Business Jet Deliveries in Next Decade

Citing data from Global Jet Capital, AIN reported that in order to fund the 5,400 business jets that are expected to be delivered over the next decade, there will be a need for $178 billion in financing. read more

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Terry Mulreany
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