Aviation Capital Group extended the final maturity date of its senior unsecured revolving credit facility with JPMorgan Chase as administrative agent from June 3, 2026, to June 3, 2027. The commitments under this facility are being provided by 22 financial institutions globally. read more

JUN 7, 2023 - 6:45 am

Mitsubishi HC Capital America hired Tracey Rogers as director of capital markets. Prior to joining Mitsubishi HC Capital America, Rogers was vice president of capital markets for the equipment finance division at Lending Club Bank. read more

JUN 6, 2023 - 7:07 am

Channel promoted Parker Dood, CLFP, to regional sales manager for the Northeast. Dood joined Channel in 2022 as a senior sales and customer advocate. Before Channel, Dood was a senior finance representative at Flex Financial, a division of Stryker. read more

JUN 6, 2023 - 7:05 am

First Citizens Bank named Jim Hudak president of its CIT Commercial Finance group. Hudak has more than 20 years of experience as a commercial finance executive and previously oversaw CIT’s commercial finance businesses from 2008 to 2019. read more

JUN 6, 2023 - 7:03 am

Honour Capital provided $1.3 million in an operating lease arrangement to a flow control products company for a supply chain solution to automate warehouse processes.   read more

JUN 6, 2023 - 7:02 am

According to a new study from the Secured Finance Network, total secured financing volume for U.S. commercial businesses in 2022 reached nearly $4.9 trillion. read more

JUN 6, 2023 - 7:00 am

Bank of Texas, a division of BOK Financial, expanded its operations into the San Antonio market, marking the bank’s first move outside of its established operations in Dallas, Houston and Fort Worth, TX. read more

JUN 6, 2023 - 6:55 am

Hilco Corporate Finance, Hilco Global's investment banking advisory firm, named Scott Hadfield senior managing director and national practice leader for capital advisory. He will be based in the company's New York office. read more

JUN 6, 2023 - 6:52 am

Five Star Bank expanded into San Francisco, leveraging an existing team of Bay Area professionals led by DJ Kurtze, who will serve as Five Star Bank’s San Francisco Bay Area region president. read more

JUN 6, 2023 - 6:50 am

Servus Credit Union acquired Stride Capital, a Calgary, AB-based equipment financing and leasing provider. read more

JUN 5, 2023 - 7:04 am

The Equipment Leasing & Finance Foundation is designating June 6 as its sixth annual “Day of Giving,” a 24-hour fundraising campaign meant to attract new and returning donors. The ELFF hopes to raise $85,000 during the fundraiser, with all donations 100% tax deductible. read more

JUN 5, 2023 - 7:03 am

Patricia Voorhees of The Alta Group will share insights about climate equipment finance at the Equipment Leasing and Finance Association’s 2023 Credit and Collections Management Conference, which will be held June 7 to June 9. read more

JUN 5, 2023 - 7:02 am

ABL Aviation, a global independent aircraft asset management firm, promoted Eileen O’Donnell to the role of CFO from her role as financial director. O’Donnell previously worked at the Maples Group. read more

JUN 5, 2023 - 7:00 am

According to Epiq Bankruptcy, commercial Chapter 11 filings increased 105% in May 2023 to 680 versus the 332 filings in May 2022. Nearly half of the Chapter 11 filings were made by corporate subsidiaries. read more

JUN 5, 2023 - 6:59 am

Baystone Government Finance launched a new website to connect equipment vendors, brokers, communities and select nonprofits with tax-exempt municipal leases and other financing options for essential equipment and real property. read more

JUN 5, 2023 - 6:57 am