Of Interest

Global Commercial Lending Market to Grow at CAGR of 14.4% Through 2028

The global commercial lending market is estimated to register a revenue of $27,406.6 billion by 2028, growing at a healthy CAGR of 14.4% during the forecast period of 2021 to 2028, according to a new report from Research Dive. read more

JetBlue Acquires Spirit Airlines for Adjusted Enterprise Value of $7.6B

JetBlue Airways acquired Spirit Airlines for an aggregate fully diluted equity value of $3.8 billion and an adjusted enterprise value of $7.6 billion. read more

ELFF Names Winners of 2022 Scholarship Program

The Equipment Leasing & Finance Foundation named the five winners of this year’s The Equipment Leasing & Finance Foundation Scholarship program. Inaugurated in 2020, the scholarship program has been expanded to five scholarship awards this year. read more

Sandhills to Host Global Forum from Aug. 9 to Aug. 10

Sandhills Global will host its Sandhills Global Forum in Lincoln, NE, from Aug. 9 to Aug. 10 for hundreds of professionals from across the agriculture, commercial trucking, construction, heavy machinery and aviation industries. read more

Ryder Named Top Green Supply Chain Partner by Inbound Logistics

Ryder, a supply chain, transportation and fleet management solutions company, was named a “Green Supply Chain Partner” in the annual Inbound Logistics “G75” special section for the 14th consecutive year. read more

Commercial Funding Launches YouTube Channel

Commercial Funding launched a YouTube channel and published its first educational video. The animated video, titled “CFI Explains Invoice Factoring,” provides a one-minute overview of the invoice factoring process and explains how invoice factoring improves cash flow. read more

United Rentals to Provides Sustainable Solutions to Turner Construction

United Rentals will provide sustainable solutions to Turner Construction, including all-electric trucks and zero-emission power systems. Turner Construction will use the rental equipment for construction of a data center in Kansas City, MO, for Meta, which was formerly known as the Facebook company. read more

SLIM Capital Increases New Business Volume 48% Y/Y in H2/22

In the first half of 2022, SLIM Capital achieved a 48% year-over-year increase in new business volume, an average amount funded of $156,625 and processed more than $209 million total applications. read more

CoBank Quarterly Outlines Gathering Economic Clouds

According to a new quarterly report from CoBank’s Knowledge Exchange, after more than two years, Covid-related supply chain complications are finally easing and various metrics indicate improvements to supply chain performance both domestically and globally. read more

EEFI Finance Opens New Headquarters and Website, REQ

EFFI Finance opened its headquarters to an industrial office building located in the financial district of Irvine, CA. EFFI has also unveiled a new website designed by digital marketing agency REQ. read more

IDC Reports 15.3% Decline in PC Shipments in Q2/22

According to preliminary results from the International Data Corporation’s Worldwide Quarterly Personal Computing Device Tracker, worldwide shipments of traditional PCs declined 15.3% year over year to 71.3 million units in Q2/22. read more

EV Manufacturer Fisker Launches Financing Platform

Fisker, a manufacturer of electric vehicles, launched Fisker Finance, a digital financing platform offering loan purchase options to Fisker customers. Fisker Finance plans to begin offering financing in Q4/22. read more

WSFS Financial Sells BMT Insurance Advisors to Patriot Growth Insurance Services

WSFS Financial sold the business of BMT Insurance Advisors, an independent insurance brokerage and risk management consulting firm to Patriot Growth Insurance Services. read more

SFNet Reports ABL Market Confidence Positive in Q1/22 Despite Fluctuating Economy

According to data released by the Secured Finance Network in its quarterly asset-based lending index and SFNet confidence index, confidence in the asset-based lending market was positive in Q1/22, but banks and other lenders are watchful of a fluctuating economy. read more

REV Capital Announces New Commercial Finance Division, Appoints Dubs President

REV Capital, a provider of factoring and cash flow financing in Canada and the United States, announced a new commercial finance eastern division and appointed Mark Dubs president of the eastern division. read more

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