Peoples Bancorp completed its acquisition of Limestone Bancorp and Limestone's wholly-owned subsidiary, Limestone Bank. The completed acquisition included the merger of Limestone Bank into Peoples Bank.  read more

MAY 1, 2023 - 7:08 am

Non-bank lender BriteCap Financial formed with a capital investment from affiliates of North Mill Equipment Finance and from its own senior management team. BriteCap will be majority owned by a holding company affiliate of North Mill and will operate independently from North Mill. read more

MAY 1, 2023 - 7:06 am

U.S. Bank introduced a new business diversity lending program that will expand the ability of women-, minority- and veteran-owned businesses to obtain capital, building upon the bank’s broader efforts to support underrepresented businesses and help address the wealth gap. read more

MAY 1, 2023 - 7:02 am

Post Road Equipment Finance (formerly known as Encina Equipment Finance) provided a $20 million lease line to a global packaging manufacturer to finance new and existing manufacturing equipment. read more

MAY 1, 2023 - 7:01 am

Encina Lender Finance expanded its senior leadership team with the addition of Jeff Carbery as managing director, Ryan Connorton as managing director and Latonya Whitfield Stroup as director. In addition, Harrison Hodges and Lee Schuessler joined the company as associates. read more

MAY 1, 2023 - 7:00 am

CHG-MERIDIAN achieved a year-over-year improvement in lease originations of 29.3% to a company-record figure of €2.23 billion ($2.45 billion) in 2022 compared with a figure of €1.73 billion ($1.9 billion) in 2021. read more

APR 28, 2023 - 7:06 am

Volvo Financial Services launched iLabX 2.0, an evolution of its innovation accelerator program that provides startups the opportunity to develop and implement fintech innovations with VFS for equipment-as-a-service customers. read more

APR 28, 2023 - 7:04 am

DLL entered a partnership with Volta Trucks, an all-electric commercial vehicle manufacturer and services provider, to support Volta in offering financing solutions for its all-electric Volta Zero trucks through the company’s truck-as-a-service offering. read more

APR 28, 2023 - 7:02 am

Flux Power, a developer of lithium-ion energy storage solutions for the electrification of commercial and industrial equipment, renewed the available credit under its existing $14 million facility with First Citizens Bank. read more

APR 28, 2023 - 7:01 am

IAA, a Ritchie Bros. company, made real estate investments in New York, Indiana, Connecticut and Delaware, opening branches in Staten Island, NY, and Fort Wayne, IN, and buying out the leases at two existing branches in Connecticut and Delaware. read more

APR 28, 2023 - 6:59 am

First Citizens Bank’s middle-market banking business provided $16 million in financing to FitLife Brands, a provider of nutritional supplements headquartered in Omaha, NE. read more

APR 28, 2023 - 6:57 am

eCapital Healthcare delivered funding to nine businesses in the healthcare industry during Q1/23. The transactions, ranging from $1 million to $15 million in size, included eight working capital loans and one senior housing real estate bridge loan. read more

APR 28, 2023 - 6:56 am

According to the latest release of ACT Research’s For-Hire Trucking Index, freight volumes improved but remained weak in March and rates declined further. The Pricing Index fell 5.4 points to 36.5 in March, marking the second lowest reading in the index’s history, with only April of 2020 being lower. read more

APR 28, 2023 - 6:54 am

Lisa Rafter, publisher of Monitor, announced the nominees for Monitor‘s Converge Awards on Wednesday. The winner of each award will be revealed at Monitor’s 50th Anniversary Converge Gala in Philadelphia on June 15. read more

APR 27, 2023 - 7:10 am

The Equipment Leasing & Finance Foundation released the Q2/23 Equipment Leasing & Finance Industry Snapshot, an information resource for industry participants. The foundation projected the U.S. economy will enter a recession this year and grow by just 0.7%. read more

APR 27, 2023 - 7:08 am