NetJets signed a new deal with Embraer for up to 250 Praetor 500 jets, with the dealing including a services and support agreement. The deal is valued in excess of $5 billion, with deliveries expected to begin in 2025. read more

MAY 15, 2023 - 6:44 am

DLL received the 2023 ‘Best ESG Initiative of the Year: Social Aspects’ and ‘Best Give Me a New Life Funding Programme’ Awards from the Arena International Events Group. The awards ceremony was held in Paris at the Arena International Events Group’s Sustainable Finance Summit. read more

MAY 12, 2023 - 7:20 am

The American Association of Commercial Finance Brokers (AACFB) wrapped up its 2023 Annual Conference on May 4 in Irvine, CA, at the Irvine Marriott. Attendance at the event reached a 14-year high and broke an event record for the AACFB Women in Finance Luncheon. read more

MAY 12, 2023 - 7:16 am

Highfield Resources received credit approval from Macquarie Group for an equipment operating lease facility that allows the company to purchase equipment with a total value of up to €27 million ($29.44 million), with the peak exposure not expected to exceed €25 million ($27.26 million). read more

MAY 12, 2023 - 7:13 am

eCapital hired Matthew DeBernardo and Bret Aaron Meuschke as its newest senior vice presidents and business development officers. DeBernardo and Meuschke will be responsible for managing factoring and asset-based lending transactions as part of the eCapital’s commercial finance division. read more

MAY 12, 2023 - 7:10 am

Mullen Automotive, an electric vehicle manufacturer, signed a vehicle purchase agreement with MGT Lease Company, a fleet leasing provider, which will purchase 250 all-electric commercial Class 3 cab chassis EV trucks from Mullen. read more

MAY 12, 2023 - 7:08 am

EASE Ghana, a subsidiary of African Asset Finance Company that provides diagnostic equipment “as-a-service” to healthcare organizations, signed its first customer, agreeing to provide a Siemens CT scanner in the Accra facility of FOCOS Orthopedic Hospital in Pantang, Ghana. read more

MAY 12, 2023 - 7:06 am

Kroll Bond Rating Agency assigned preliminary rates to five classes of notes issued by Octane Receivables Trust 2023-2, a powersports equipment loan ABS transaction from Octane Lending. OCTL 2023-2 will issue five classes of notes totaling $300 million. read more

MAY 12, 2023 - 7:04 am

Demand for Class 8 trucks has remained relatively resilient recently, but ACT Research expects a clear softening in big fleet profitability and other ancillary metrics during the rest of 2023. read more

MAY 12, 2023 - 7:02 am

Insight Investments promoted Sheryn Murray to chief operating officer. She will continue to oversee Insight Investments’ lease administration, collections, cash applications, credit, human resources and marketing for its leasing brands. read more

MAY 11, 2023 - 6:55 am

EquipmentShare increased its borrowing capacity from $2.1 billion to $3 billion through a senior secured asset-based revolving credit facility with Capital One and closed its debut offering of $640 million of senior secured notes. read more

MAY 11, 2023 - 6:53 am

Associated Bank hired Nicolas Goehring as senior vice president and portfolio manager lead, corporate banking. Goehring will be responsible for the credit risk and quality of the company’s overall equipment finance portfolio. read more

MAY 11, 2023 - 6:51 am

BankUnited appointed financial executives Matthew Gallo, Daniel Mills and Laura Ackerman to form a new corporate banking team serving the New York metropolitan area. Gallo, Mills and Ackerman all previously worked for First Republic Bank. read more

MAY 11, 2023 - 6:50 am

The American Association of Commercial Finance Brokers elected Kalah Sprabeary of HUB Funding Solutions to the role of vice president of its board of directors while electing Katie Baker of MC2 Finance as a director at large and re-electing Michael Hong as a director at large. read more

MAY 11, 2023 - 6:48 am

The Equipment Leasing and Finance Association announced it will be accepting member nominations for its 2023 Operations & Technology Excellence Award. The deadline to apply is June 19. read more

MAY 11, 2023 - 6:46 am