News

Moses Singer Names Goodman-Stephens its First CEO

Law firm Moses Singer hired Rebecca Goodman-Stephens as the firm’s first CEO. Goodman-Stephens joined Moses Singer from the accounting firm Berdon, where she served as the chief operating officer. read more

Ritchie Bros. Changes Corporate Name to RB Global

Ritchie Bros. Auctioneers changed its corporate name to RB Global, following the successful closing of its acquisition of IAA acquisition. RB Global will go to market and do business with customers under the Ritchie Bros., IAA, Rouse and SmartEquip brands. read more

Oakmont Capital Service Expands Several Departments with 5 New Hires

Oakmont Capital Services expanded several departments with the recent onboarding of several professionals in both West Chester, PA, and Albany, MN. OCS also hired Jeff Schubert as a business development officer to oversee its working capital product. read more

Hogan Joins Wells Fargo as Co‑Head of M&A for Corporate and Investment Bank

Wells Fargo announced Jeff Hogan joined the corporate and investment bank as co‑head of global mergers and acquisitions within the banking division, where he will co-lead the M&A team with David DeNunzio. read more

Tellus Equipment Solutions Closes on $115MM Credit Facility

Tellus Equipment Solutions, a John Deere agricultural and turf equipment dealer in Texas, closed a new $115 million credit facility. Truist Securities is the lead arranger and sole bookrunner for the facility. read more

ELFA Recognizes ePlus Group for 30 Years of Membership

ePlus Group was recognized by the Equipment Leasing and Finance Association for 30 years of membership in the organization. read more

FGI Hires Fagan as Associate Director of Business Development

FGI hired Kasey Fagan (Krum) as an associate director of business development. Based out of the company’s Chicago office, Fagan will be responsible for originating new business opportunities for FGI’s asset-based lending business throughout the Midwest marketplace. read more

Fleet Advantage’s Dolch Achieves CTP Accreditation

Kristopher Dolch, vice president of strategic fleet solutions at Fleet Advantage, achieved his National Private Truck Council (NPTC) Certified Transportation Professional (CTP) certification. The accreditation was presented to Dolch at the NPTC’s annual conference this week in Orlando, FL. read more

Republic Bank Begins Phased Relocation Plan in Louisville, KY

Republic Bank is beginning a phased relocation plan by moving associates from two east end offices in Louisville, KY, into the its Republic Plaza offices in downtown Louisville, KY. These moves are expected to be fully complete by mid-2024. read more

Legacy Corporate Lending Launches as New ABL Shop with Investment from Bain Capital Credit

Legacy Corporate Lending, a new asset-based lending company, launched today as an independent lender focused on serving the needs of middle-market companies across North America. Funds managed by a subsidiary of Bain Capital Credit supported the launch with an equity investment. read more

ELFA Names Shah and Weinberg Winners of Edward A. Groobert Award of Legal Excellence

The Equipment Leasing and Finance Association awarded Moorari K. Shah, partner at Sheppard Mullin Richter & Hampton, and Ken Weinberg, partner at Rimon, the Edward A. Groobert Award for Legal Excellence. read more

Stonebriar Commercial Finance Completes $100MM Construction Financing and Long-Term Lease

Stonebriar Commercial Finance closed on $100 million in construction financing and a long-term lease on new passenger rail cars to support a lessee's further expansion to service its customer base. read more

CIT Commercial Services Appoints New Chief Strategy Officer

CIT Commercial Services appointed Tom Fingleton chief strategy officer. Fingleton was previously Northeast regional manager, a role that will now be filled by Amna Mahmood, who was formerly national underwriting manager. Daniel Goll will replace Mahmood.  read more

Northteq Introduces Upgrades for Suite of Loan Origination Products

Northteq, a provider of Salesforce loan origination solutions, announced more than 60 updates and upgrades to its suite of loan origination products. With the latest feature updates, Northteq is taking a step toward eliminating email from lending by streamlining the application process. read more

Blue Ridge Bank Appoints Beale CEO

Blue Ridge Bankshares, the holding company of Blue Ridge Bank and BRB Financial Group, appointed G. William Beale CEO of the bank, effective immediately. Brian K. Plum will continue as president and CEO at the holding company and focus on broader strategy. 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