News

Fleet Advantage Receives TMSA’s 2023 Purpose Award for Community Engagement

Fleet Advantage received the 2023 Purpose Award for Community Engagement from the Transportation Marketing and Sales Association (TMSA) at its annual Elevate Logistics Marketing & Sales Conference. read more

ELFA Recognizes Insight Financial Services for 25 Years of Membership

Insight Financial Services, a division of Insight Investments, was recognized by the Equipment Leasing and Finance Association for 25 years of membership in the organization. read more

FGI Worldwide Hires Perea as Director of FGI Risk

FGI Worldwide hired Rick Perea as director of FGI Risk. Perea will be responsible for originating new business opportunities for FGI’s credit insurance brokerage and risk advisory division by cultivating relationships throughout the Southeast marketplace. read more

Honda Aircraft Announces Plan to Commercialize HondaJet 2600 Concept

Honda Aircraft will commercialize the HondaJet 2600 Concept, an all-new light jet that was first introduced at the National Business Aviation Association’s 2021 Business Aviation Convention & Exhibition. read more

Great Rock Capital Upsizes Leverage Facility with KeyBank

Great Rock Capital upsized its leverage facility with KeyBank. The leverage facility agented by KeyBank provides more than $450 million of capital and includes the recent additions of new lending partners First Citizens Bank, Regions Bank and Synovus Financial. read more

Verdant Commercial Capital Expands Funding Capacity with New $150MM Warehouse LOC

Verdant Commercial Capital expanded its funding capacity with the addition of a new $150 million warehouse line of credit provided by Bank of America. read more

Triton Announces Expiration of Hart-Scott-Rodino Act Waiting Period for Brookfield Acquisition

Triton International, a lessor of intermodal freight containers, announced the expiration of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the proposed acquisition of Triton by Brookfield Infrastructure Partners. read more

Keystone Equipment Finance Moves to New Office in Hartford, CT

Keystone Equipment Finance, a subsidiary of Commercial Credit, moved to a new corporate office space in the Corporate Center West Building in Hartford, CT. read more

CapStar Appoints Tietz Chief Banking Officer, Higgins Middle Tennessee Market President

CapStar Bank, a subsidiary of CapStar Financial Holdings, appointed Christopher G. Tietz to the newly created position of chief banking officer. Additionally, Christopher A. Higgins joined CapStar as Middle Tennessee market president. read more

Horizon Technology Finance Provides $20MM Venture Loan Facility to Viken Detection

Horizon Technology Finance provided a $20 million venture loan facility to Viken Detection, of which $10 million was initially funded. read more

Mullen Automotive Partners with Phenix to Develop Truck Body for Class 3 EV

Mullen Automotive, an emerging electric vehicle manufacturer, announced the development of a light-weight truck body for its Class 3 EV with Phenix Truck Bodies & Van Equipment. read more

Moritt Hock & Hamroff Welcomes New Summer Associates and Interns

Moritt Hock & Hamroff added Sidney Balaban, Danielle Halevi, Mary Johnson, Juliette Matchton, Sam Tanenbaum, and Isaiah Williams to its 2023 summer associates and legal interns program. Balaban, Halevi, Johnson, Matchton and Tanenbaum joined the firm as summer associates, while Williams joined as a legal intern. read more

ACT Research Forecasts Slights Increases in Class 8 Retail Sales for Rest of 2023

According to ACT Research, forecasts for the Class 8 market call for slight year-over-year increases in retail sales and production volumes in 2023, reflecting stronger momentum into Q3/23. However, ACT continues to forecast deteriorating sales and build in Q4/23. read more

TransPecos Banks Launches Velocity Equipment Finance

TransPecos Banks, a Texas-based banking organization with locations throughout the TransPecos region of west Texas and San Antonio, launched Velocity Equipment Finance, a digital-first equipment finance platform. read more

CLFP Foundation Adds 19 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 19 individuals recently passed the eight-hour online proctored CLFP exam. read more

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