News

Wells Fargo Names Her Many Horses Managing Director

Wells Fargo named Dawson Her Many Horses, head of Native American banking, a managing director for the bank. Her Many Horses belongs to the Rosebud Sioux Tribe of South Dakota and is one of the first enrolled tribal members to be promoted to managing director at a major U.S. bank. read more

eCapital Appoints New Business Development Officers to Transportation Division

eCapital appointed two business development officers to its transportation division by hiring Javier Salazar and Gonzalo Vasquez, who have more than 20 years of experience. read more

Vision Introduces Fully Integrated Asset Finance Solution with Lease Management Software

Vision, a subsidiary of Constellation Financial Software, expanded its product offerings with the introduction of fully-integrated, comprehensive lease management system. read more

Alfa Publishes Insights on SaaS and Cloud Services

Alfa, provider of Alfa Systems, published a new paper on SaaS and cloud services: Cloud Services: Finding Success with SaaS. The new paper covers the different deployment models available, the factors technology teams should consider when making deployment decisions and the consequent evolution of cloud deployment models. read more

Channel Completes $85MM ABS Securitization

Channel, a lender specializing in equipment finance and working capital, completed its third working capital backed securitization, a significant milestone for the company. The $85 million issuance of asset-backed notes is collateralized by small business loans and advances across a wide range of industries. read more

Crédit Agricole CIB Agents Hyundai Capital America’s Inaugural Green Bond Issuance

Crédit Agricole CIB acted as joint bookrunner and sole sustainability agent for Hyundai Capital America's inaugural green bond issuance, a two-year, $750 million senior unsecured note as part of a $3 billion multi-tranche offering. read more

Avolon Executed 31 Lease Transactions in Q2/23

Aircraft leasing company Avolon executed 31 lease transactions comprising new aircraft leases, follow-on leases and lease extensions in Q2/23. read more

Simmons Bank Makes Multiple Leadership Appointments

Simmons Bank appointed Chad Rawls to the newly created role of chief commercial banking officer. The bank also named Chris White chief community banking officer and tapped Josh Herron and Steve Wade to lead its credit function. read more

Economic Activity in Hospital Subsector Grew in June

According to the the latest Hospital ISM Report on Business from the Institute for Supply Management, economic activity in the hospital subsector grew in June after one month of contraction preceded by 35 consecutive months of growth. read more

AerCap Leased, Purchased and Sold 215 Assets in Q2/23

AerCap Holdings announced its major business transactions during Q2/23, including signing financing transactions for approximately $1.1 billion. read more

KBRA Reports Aviation ABS Leases Hit Hardest by COVID

Kroll Bond Rating Agency released a report highlighting that aviation ABS lease transactions were the hardest hit by COVID-19 from a credit perspective among all structured finance sectors. read more

Clean Freight Coalition’s Mullen Releases Statement on California’s Clean Trucks Partnership

Jim Mullen, executive director of the Clean Freight Coalition (CFC), issued a statement on the California Air Resources board’s new clean truck partnership read more

NEFA Aims to Add Companies During Summer Membership Drive

The National Equipment Finance Association is holding a summer membership drive as it seeks independent equipment finance companies looking to build their balance sheets. The NEFA's goal is to add at least 50 new broker/lessor companies by the end of the year.  read more

1st Security Bank Names Nicklaus CCO

1st Security Bank of Washington chose Stephanie Nicklaus to succeed Robert Fuller as chief credit officer, effective following Fuller's retirement on Aug. 17. Fuller has served as the bank’s CCO since 2013. Nicklaus joined the bank in December 2022. read more

MMP Capital Reports 26% Y/Y Increase in Originations in Q2/23

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, experienced an increase in originations in Q2/23, with total originations reaching nearly $100 million, marking a 26% year-over-year increase from the same period in 2022. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

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