Beacon Funding launched a new customer portal, a digital tool designed to simplify, streamline and secure the equipment finance experience. read more

MAY 5, 2023 - 7:14 am

Inovatec Systems, a provider of cloud-based software solutions for lenders, will exhibit its cloud lending offerings at Auto Finance Summit East 2023, which be held May 10-12 at the JW Marriott in Nashville, TN. read more

MAY 5, 2023 - 7:13 am

Griffin Global Asset Management announced the purchase of two Boeing 737 MAX 8 aircraft on long-term lease with Aeroméxico. The transactions were completed in March. read more

MAY 5, 2023 - 7:12 am

Equity Bancshares, the Wichita, KS-based holding company of Equity Bank, hired Richard M. Sems as president of Equity Bank. Craig Anderson, who has served as the bank’s president since 2021, resigned. read more

MAY 5, 2023 - 7:10 am

The Federal Reserve announced that it will raise the target range for the federal funds rate to between 5% and 5.25% on Wednesday, marking a quarter point increase and its third such move of 2023 and 10th since it began its efforts to curb rising inflation last March. read more

MAY 4, 2023 - 7:14 am

DLL recorded net profits of €343 million ($361 million) for 2022, which represented a 41% decrease from 2021, largely due to the sale of the company’s Russian operations. However, the company also recorded portfolio growth of 8.5% in 2022. read more

MAY 4, 2023 - 7:13 am

Accord Financial named Ira Almond director of business development for U.S. asset-based finance in the Southeast, and Sahil Sharma the director of business development for U.S. equipment finance in the Northeast, expanding its U.S. business development team. read more

MAY 4, 2023 - 7:12 am

Crossroads Equipment Lease and Finance appointed Andrew Walsh CFO of its leadership team. Most recently, Walsh served as senior vice president and CFO with OneUnited Bank. read more

MAY 4, 2023 - 7:10 am

TD Bank and First Horizon entered into a mutual agreement to terminate their previously announced merger agreement, originally announced on Feb. 28, 2022. read more

MAY 4, 2023 - 7:07 am

Dext Capital, a healthcare equipment leasing company, recently closed an investment-grade corporate note issuance. Proceeds from the BBB rated transaction will support continued growth and expansion initiatives for the business, primarily by funding new originations. read more

MAY 4, 2023 - 7:06 am

Smarter Equipment Finance, a Las Vegas equipment broker, adopted Leasepath’s cloud-first intelligent workplace finance origination and customer engagement (CRM) platform built for asset finance, to streamline its origination process and automate its sales-to-funding process. read more

MAY 4, 2023 - 7:05 am

SLR Equipment Finance named Michael Luke vice president of syndication. In his role, Luke will help grow the company’s new and existing relationships within the marketplace. Luke was most recently with Signature Financial. read more

MAY 4, 2023 - 7:04 am

Roger Morin, who retired from RVI Group in December after nearly 20 years with the firm, passed away on April 27. Morin joined RVI Group in 2003 as vice president of commercial equipment and aircraft and was promoted to senior vice president in 2018. Prior to that, he spent 14 years at GE Capital. read more

MAY 3, 2023 - 7:05 am

TopMark Funding set its all-time record for funded transactions in March, contributing to a 22% increase in funded transactions in Q1/23 compared with Q1/22. The company also opened a second Long Beach, CA, office. read more

MAY 3, 2023 - 7:03 am

The National Equipment Finance Association will host a regional event on May 11 from 6-8 p.m. EDT in Philadelphia in the Basket Room at El Techo. The event is sponsored by Quality Equipment Finance and BankFinancial Equipment Finance. read more

MAY 3, 2023 - 7:02 am