Baltimore Potomac Truck Centers acquired TMI Truck & Equipment, which consists of two dealerships in Chesapeake and Norfolk, VA. The acquisition was completed on Nov. 13. read more

DEC 26, 2023 - 6:51 am

First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided working capital financing via a revolving line of credit to Winona Foods in Green Bay, WI. read more

DEC 21, 2023 - 6:25 am

EquipmentShare, an equipment rental and equipment asset management company, was recognized with the 2023 Military Times Best for Vets and the 2023 HIRE Vets Medallion awards. read more

DEC 19, 2023 - 6:57 am

Umpqua Bank and parent company Columbia Banking System announced the nonprofit recipients of $1 million in local grants to mark their respective 70th and 30th anniversaries, including $700,000 to organizations in South Puget Sound, Portland Metro and Douglas County, OR. read more

DEC 18, 2023 - 7:35 am

UnidosUS, the nation's largest Latino civil rights and advocacy organization and Wells Fargo launched a program designed to make progress toward a more equitable, affordable and accessible financial system for all. read more

DEC 18, 2023 - 7:32 am

Mid-size companies and private equity firms are embracing artificial intelligence by implementing the technology to assess data, automate processes and streamline financial operations, according to a new survey from Citizens. read more

DEC 14, 2023 - 6:59 am

The latest Biz2Credit Small Business Lending Index reported that small business loan approval percentages at big banks stalled for the first time since June (remaining at 13% in November), while small banks approval percentages continue to rise (up 0.2% from October to November). read more

DEC 13, 2023 - 6:57 am

The CBIZ Small Business Employment Index reported a seasonally adjusted increase of 0.15% in November after experiencing two consecutive months of declines in hiring. read more

DEC 13, 2023 - 6:47 am

A notable increase in concerns over risk management and regulatory compliance issues headlines key challenges facing U.S. banks, credit unions and other lenders, according to the results of the 2023 Regulatory & Risk Management Indicator survey conducted by Wolters Kluwer Compliance Solutions. read more

DEC 12, 2023 - 6:51 am

Equipment rental company United Rentals introduced new equipment access management capabilities and an enhanced rental experience within its mobile app. read more

DEC 12, 2023 - 6:37 am

Economic activity in the hospital subsector grew in November for the third consecutive month after contracting twice in a four-month period, with 35 consecutive months of growth reported prior to that, according to the Institute for Supply Management. read more

DEC 11, 2023 - 6:51 am

A new survey on mergers and acquisitions disputes from audit, tax and advisory firm Grant Thornton revealed that dispute activity has increased along with overall deal volume. read more

DEC 8, 2023 - 7:15 am

Digital banking platform Bluevine has surpassed $1 billion in managed deposits by its small business banking customers. This asset threshold has largely been attracted by the company’s business checking platform, a high-yield SMB checking account launched three years ago. read more

DEC 4, 2023 - 7:10 am

Republic First Bancorp, the parent company of Republic Bank, and the Norcross Braca Group agreed to extend the outside date for the closing of a $35 million investment in the bank by the group to Feb. 29, 2024. read more

DEC 4, 2023 - 7:08 am

Equipment Depot, an independently operated material handling and equipment rental company, was selected by Amazon Web Services to adopt AWS Supply Chain, a cloud-based application, making it an early adopter of the platform within the material handling industry. read more

DEC 4, 2023 - 7:06 am