News

ELFF: Equipment Leasing & Finance Industry Confidence Higher in July

The ELFF released the July 2019 Monthly Confidence Index for the Equipment Finance Industry. Overall, confidence in the equipment finance market was 57.9, an increase from the June index of 52.8. read more

CDB Aviation Appoints Kavanagh as Director, Expands Board

CDB Aviation appointed Stephen Kavanagh as a non-executive director to its Board of Directors. read more

CIT Agents $135MM Helicopter Facility for LCI

Helicopter lessor Lease Corporation International closed a new asset-backed helicopter facility in excess of $135 million with a syndicate of five banks led by CIT Group as agent. read more

Marlin to Provide Financing Programs to Waterplay Customers

Marlin Capital Solutions has partnered with Waterplay, a provider of aquatic play solutions, to provide financing options for Waterplay customers. read more

Wheeler Financial Provides Funding to Ghilotti Bros to Support Growth

Wheeler Financial from Pitney Bowes has closed a financing transaction with Ghilotti Bros to help the company grow their business. read more

Crestmark Provides $29.3MM to 50 Businesses in H1/July

Crestmark provided more than $29.3 million in commercial financing to 50 businesses in the first half of July 2019. read more

Capital One Closes Credit Facility for Cove Hill Partners

Capital One served as administrative agent for a senior secured credit facility to finance Cove Hill Partners’ acquisition of LiveAuctioneers. read more

Avolon Delivers Airbus A330neo to Tap Air Portugal

International aircraft leasing company Avolon delivered one Airbus A330neo to TAP Air Portugal. read more

Fed Approves Chemical Financial/TCF Financial Merger of Equals

Chemical Financial and TCF Financial have received regulatory approval from the Federal Reserve to complete the proposed merger of equals in which TCF will merge into Chemical. read more

Wells Fargo Reports $6.2 Billion in Net Income in Q2/2019

Wells Fargo reported its preliminary financial results for the second quarter of 2019, including a net income of $6.2 billion, an 8% increase year over year from Q2/2018. read more

CWB Franchise Finance Provides Facilities to Gusto 54 Restaurant Group

CWB Franchise Finance provided loan facilities that included mortgage, operating and development lines to the Gusto 54 Restaurant Group. read more

Berkshire Brings on Board Lazu as Chief Experience & Culture Officer

Berkshire Bank tapped longtime community organizer and activist, Malia Lazu, as its new executive vice president, chief experience and culture officer. Lazu will head up Berkshire’s diversity and inclusion work. read more

KBRA Upgrades Avolon Senior Unsecured Notes to BBB+

Kroll Bond Rating Agency upgraded the rating on aircraft leasing company Avolon’s senior unsecured notes to BBB+. read more

BB&T, SunTrust to Launch $60B Truist Bank Community Benefits Plan

BB&T and SunTrust Banks plan to launch a Truist Bank community benefits plan under which the combined company will lend or invest $60 billion to low- and moderate-income borrowers and communities over a three-year period. read more

BOC Aviation to Sell 17 Aircraft to Silver Aircraft Lease Investment

BOC Aviation signed an agreement to sell a portfolio of 17 aircraft to Silver Aircraft Lease Investment I and affiliates. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com