The U.S. Department of Transportation authorized Global Crossing Airlines Group to increase its fleet size to 11 aircraft from its previous authorization of eight aircraft. read more
NOV 23, 2022 - 6:59 am
According to a study from WSFS Bank examining Mid-Atlantic small business trends, nearly half of respondents (45%) are considering new loans to reinvest in their businesses by purchasing equipment. read more
NOV 21, 2022 - 7:09 am
PECO Pallet, one of North America’s largest providers of rental pallet services to the beverage, grocery and consumer products industries, opened a new PECO service depot in Mississauga, ON. read more
NOV 17, 2022 - 7:10 am
A new study published by Biz2Credit found that information technology (IT) firms had the highest average revenue ($955,793) and the best average credit score (658) and received the highest average amount of financing ($131,743) when they sought credit in 2021. read more
NOV 16, 2022 - 7:04 am
First Citizens Bank’s CIT Bank division completed conversion of its branches to First Citizens’ operations and systems. This conversion integrates CIT Bank branch customer accounts into First Citizens’ products and services. read more
NOV 15, 2022 - 7:07 am
J.P. Morgan plans to open a new office in Athens, Greece, to support the organic growth of its businesses in the country. The office will also house a new payments innovation lab for which the firm will be hiring a payments research and development team locally. read more
NOV 14, 2022 - 7:22 am
LeasePoint Funding Group was recognized as the fastest-growing company in the 2022 Aggie 100, with a compound annual growth rate of 379.291%. read more
NOV 14, 2022 - 7:11 am
Solifi released the latest version of its asset-based lending software, which includes enhanced features designed to improve the lender and borrower experience through self-service functionality, more insights into portfolio risk and increased efficiencies through enhanced audit compliance. read more
NOV 9, 2022 - 7:12 am
Solifi’s asset-based lending software-as-a-service solution on its open finance platform now supports more than $1 billion in loans outstanding for lenders globally. Additionally, user traffic on Solifi’s ABL borrower portal increased by four times in less than a year. read more
NOV 8, 2022 - 7:37 am
ACT Research unveiled details about its 68th OUTLOOK seminar, Driving Decarbonization: The Future of Commercial Vehicles, which will be held from Feb. 21 to Feb. 23 in Columbus, IN. read more
NOV 8, 2022 - 7:33 am
Redbrick LMD secured a $142.5 million loan to finance the construction of The Douglass, a 750-unit residential building in the Bridge District of Washington, D.C. Citizens Bank arranged the debt financing for the project. read more
NOV 8, 2022 - 7:32 am
White Oak Merchant Partners, a FINRA-registered broker-dealer affiliated with White Oak Global Advisors, worked with Syco Entertainment, the media production company of television personality, producer and record executive Simon Cowell, on a $125 million ABS transaction. read more
NOV 7, 2022 - 6:52 am
Construction Executive named EquipmentShare, an equipment rental and technology company, a top construction technology firm in the business, intelligence, reporting and analytics sector. read more
NOV 7, 2022 - 6:50 am
According to data provided by Epiq Bankruptcy, commercial Chapter 11 filings increased 2% year over year in October while decreasing 32% on a month-over-month basis. In addition, Subchapter V elections increased 28% year over year and decreased 16% month over month. read more
NOV 4, 2022 - 7:02 am
Bob Rinaldi conducted a video interview with Mitch Helman and Scott Lubischer of Sandhills Global to add to his Leasing Avenues blog. read more
NOV 1, 2022 - 7:04 am