Channel entered into a new $75 million credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations. read more

APR 25, 2023 - 7:16 am

Ted Jenkins returned to GSF Advisors, the firm that he co-founded in 2005, as a managing director in its Boston office. Jenkins has more than 35 years of experience in advising, structuring and arranging tax and balance sheet-oriented financings, including equipment leasing. read more

APR 25, 2023 - 7:14 am

Christian Bluhm agreed to remain in his role as group chief risk officer and member of the group executive board at UBS in the wake of the company’s planned acquisition of Credit Suisse, therefore delaying the handover to Damian Vogel that was originally planned for May 1. read more

APR 25, 2023 - 7:13 am

According to the U.S. Cutting Tool Institute and the Association for Manufacturing Technology, cutting tool consumption totaled $196.9 million in February, which was up 0.2% from January and 17.5% on a year-over-year basis.   read more

APR 25, 2023 - 7:11 am

The American Trucking Associations’ advanced seasonally adjusted for-hire truck tonnage index fell 5.4% in March to 111.6 after increasing 0.9% in February to 118. Compared with March 2022, the index decreased 5%, marking the first year-over-year decrease since August 2021. read more

APR 25, 2023 - 7:10 am

First National Corporation, the bank holding company of First Bank, hired W. Todd Ross as market president for the Roanoke Valley region in Virgina. Ross will be responsible for all lines of business banking in this role. read more

APR 25, 2023 - 7:09 am

Global Crossing Airlines took delivery of its seventh passenger A320 on lease from Airborne Capital. The aircraft is a sistership to four ex-Alaska A320 aircraft currently operating at Global Crossing Airlines. read more

APR 25, 2023 - 7:07 am

BMO Canadian Business Banking launched Greener Future Financing — its first climate financing program — which has been developed to help agriculture businesses looking to build climate resilient operations. read more

APR 24, 2023 - 7:38 am

LeaseWorks, a provider of cloud-based solutions and services, launched LeaseWorks Utilization Tracker, a new tool within the Aeris MATCH software ecosystem that aids aircraft leasing companies in collecting and analyzing aircraft utilization data from airline customers. read more

APR 24, 2023 - 7:23 am

A collection of six American craft beverage equipment suppliers merged in a $100 million deal to create Lotus Beverage Alliance. In addition to providing more than 1,500 beverage equipment products, the combined company also introduced a proprietary financing program. read more

APR 24, 2023 - 7:20 am

IAA, a Ritchie Bros. company, formed a new market alliance with Antonio, SARL in the West African country of Benin, providing authorization for auction centers operated by Antonio, SARL to help local buyers buy, transport and import vehicles from IAA auctions in the United States. read more

APR 24, 2023 - 7:15 am

According to Air Transport Services Group’s 2022 sustainability report, operational improvements at the company from 2021 to 2022 resulted in relative reductions in jet fuel usage of 19.9 million gallons and carbon dioxide emissions of 191,000 tons. read more

APR 24, 2023 - 7:07 am

United Rentals introduced JuiceBox mobile power generators to its equipment rental fleet. The generators, which United Rentals acquired from Evergreen Mobile Power, can be powered by propane or natural gas, providing a low-emissions alternative to diesel machines. read more

APR 24, 2023 - 7:06 am

Medstream Anesthesia Solutions joined National Partners in Healthcare, a healthcare organization that provides anesthesiology services. Texas Capital Bank agented and arranged a $125 million senior secured debt facility to support the acquisition. read more

APR 24, 2023 - 7:05 am

The Truck Renting and Leasing Association (TRALA) honored Tom Fleming of Aim NationaLease with the Steve Lawrence Legacy Award during its 2023 annual meeting at the Hyatt Regency Coconut Point Resort in Bonita Springs, FL. read more

APR 24, 2023 - 7:03 am