Hertz Global Holdings announced it has acquired Cinelease, a U.S. market leader in lighting and grip rentals to the television industry. read more

FEB 3, 2012 - 8:05 am

The gains from the end of last year have carried forward according to the January Credit Managers' Index, which rose from 54.4 to 54.8. read more

FEB 1, 2012 - 7:00 am

The U.S. Treasury Department announced the fifth and final disposition of securities within its SBA 7(a) Securities Purchase Program, which was launched as part of the TARP. read more

JAN 30, 2012 - 8:15 am

The FOMC said that since it met in December the economy has been expanding moderately, notwithstanding some slowing in global growth. It will keep the target range for the federal funds rate at 0 to 0.25% and anticipates holding the rate at low levels at least through late 2014. read more

JAN 25, 2012 - 4:10 pm

CFO.com writer Vincent Ryan reports a large refinancing wave in the final quarter of 2011 led to an 80% jump in revolving lines of credit issued last year spurred by uncertainty in the banking industry and concerns over the crisis in Europe. read more

JAN 20, 2012 - 4:00 pm

Reuters reported that Bank of America told Federal Reserve officials in June that it could shed branches in some parts of the country if it needed to raise capital in an emergency, citing a person familiar with the matter. read more

JAN 16, 2012 - 8:15 am

On Deck said it launched its Application Programming Interface (API) Version 1.0 to give banks, online service providers to small businesses and On Deck funding advisor partners integrated access to the On Deck platform. read more

JAN 12, 2012 - 8:00 am

The Craft & Hobby Association board of directors announced the appointment of Andrej Suskavcevic as the new president and chief executive officer. Previously, Suskavcevic served as president of the Commercial Finance Association. read more

JAN 11, 2012 - 8:30 am

Main Street Capital said it completed lower middle market portfolio investments totaling $42.7 million in the fourth quarter. In addition, the company said it completed private placement investments totaling $35.1 million. read more

JAN 9, 2012 - 8:15 am

According to the Small Business Administration, small businesses received a greater volume of SBA-backed loans last year than ever before. Under the program, a record sum of $19.6 billion was issued in fiscal 2011. read more

JAN 5, 2012 - 8:35 am

According to a post on Bankaholic.com, CIT Bank closed out the year 2011 with 12-month CD rates of 1.15% APY, the top rate offered by only one other bank in the U.S. read more

JAN 4, 2012 - 8:00 am

Corporate restructuring specialists say technology and energy industries will improve in 2012, but a worsening European sovereign debt crisis could be the wrench that squeezes them all, according to the annual TMA Trend Watch survey. read more

JAN 3, 2012 - 8:15 am

The Financial Times reported that private equity groups in Europe are turning towards asset-backed loans as they look to fill the financing gap left by retrenching banks. read more

JAN 3, 2012 - 8:00 am

The staff of the Monitor and monitordaily wishes its readers a healthy and happy new year. In observance of the holiday our office will be closed on Monday, January 2, 2012. We'll return with our coverage of the equipment finance industry on Tuesday, January 3, 2012. read more

DEC 30, 2011 - 8:35 am

The Washington Post reported that a federal judge, who has accused the SEC of negotiating weak settlements in Wall Street cases, accused the agency of misleading a federal appeals court. read more

DEC 30, 2011 - 8:15 am