Maxus Capital Group is celebrating its 30th anniversary as an independent specialty finance company. During its history, the company has originated, serviced and executed on nearly $2.5 billion in transactions. read more

APR 14, 2023 - 6:49 am

Mitsubishi HC Capital America is expanding its transportation division following the company’s integration with ENGS Commercial Finance and Mitsubishi HC Capital America (U.S.A.) on April 1. read more

APR 13, 2023 - 7:15 am

CSI Leasing continued the expansion of its Asia-Pacific operations by opening a subsidiary in Jakarta, Indonesia. Rio Wicaksono will manage CSI Indonesia. Wicaksono has nearly 20 years of finance experience, most recently from PT Century Tokyo Leasing Indonesia. read more

APR 13, 2023 - 7:13 am

The Equipment Leasing and Finance Association announced the agenda for its 2023 Legal Forum and recognized the members who are serving on the 2023 ELFA Legal Committee. The forum will be offered both in-person from May 7 to May 9 in Fort Myers, FL, and virtually at a special rate of $295. read more

APR 13, 2023 - 7:11 am

Brookfield Infrastructure Partners entered a definitive agreement to acquire Triton International in a cash and stock transaction valuing Triton’s common equity at approximately $4.7 billion and reflecting a total enterprise value of approximately $13.3 billion. read more

APR 13, 2023 - 7:09 am

U.S. Bank appointed new members to its executive leadership team to succeed Kate Quinn, vice chair and chief administrative officer, and Jim Kelligrew, vice chair of corporate and commercial banking, who will retire on June 30. read more

APR 13, 2023 - 7:08 am

Richard Stein will assume the role of chief risk officer of Citizens Financial Group upon the retirement of Malcolm Griggs in Q1/24. Stein will join Citizens from Fifth Third Bancorp, where he most recently served as executive vice president and chief credit officer. read more

APR 13, 2023 - 7:04 am

Dynamic Capital Equipment Finance funded a $5 million term loan through the utilization of its own in-house financing for Crude Master Transport. read more

APR 13, 2023 - 7:03 am

Chapman Freeborn, a global air charter and leasing specialist, appointed Scott Collier president of ACMI leasing to lead the company’s newly-formed global ACMI department. read more

APR 13, 2023 - 6:57 am

According to Reuters, David Sabow, the former head of technology and healthcare in North America for Silicon Valley Bank, is leading a team of “dozens” of former Silicon Valley Bank employees in joining HSBC’s U.S. division. read more

APR 12, 2023 - 7:11 am

A new survey from Grant Thornton revealed that CFOs remain optimistic about the economy, even as indicators of a potential recession continue to loom. However, while optimism is high, confidence in controlling costs seems to be waning. read more

APR 12, 2023 - 7:10 am

Honour Capital named Kelly Bomier sales specialist. Most recently, Bomier served as president for Five Star Capital, where she brokered equipment financing for the motorcoach, school bus, tow, refuse, agriculture and construction industries.  read more

APR 12, 2023 - 7:07 am

Navitas Credit hired Len Baccaro as vice president of business development and sales in its strategic accounts division. Prior to joining Navitas, Baccaro owned and sold two equipment brokerage firms and worked for First Sierra Financial and Ascentium Capital. read more

APR 12, 2023 - 7:06 am

According to Biz2Credit, small business loan approval percentages at big banks slipped again, falling from 14.2% in February to 13.8% in March, the lowest figure for big banks since July 2021. read more

APR 12, 2023 - 7:04 am

Texas Capital Bank appointed David A. Youngberg Jr. managing director and chief credit officer. Youngberg will be responsible for directing the strategy for Texas Capital Bank’s credit approval, underwriting and monitoring processes. read more

APR 12, 2023 - 7:02 am