Regions Bank launched an international subsidiaries banking group to deliver financial insights and banking services to subsidiaries of international corporations operating in the United States. Laerte Barros, who joined Regions Bank in 2022 from BBVA, will lead the new team. read more

MAR 30, 2023 - 7:13 am

Tamarack Technology and Vision Commerce will partner to help equipment finance companies and brokers make better use of the data generated by their businesses. Through the partnership, Tamarack and Vision will jointly market each other’s products. read more

MAR 30, 2023 - 7:10 am

NSM Insurance Group, a specialty insurance company, entered an agreement to acquire Acquis, a European provider of specialist insurance programs to the asset finance market. read more

MAR 30, 2023 - 7:08 am

CNH Industrial entered into an agreement to purchase Hemisphere GNSS, a provider of satellite positioning technology currently owned by Unistrong. The transaction is expected to occur within Q3/23. read more

MAR 30, 2023 - 7:06 am

Pathfinder Bancorp, the bank holding company of Pathfinder Bank, named James A. Dowd president and CEO of the company and the bank, roles that he has served in on an interim basis since April 14, 2022. read more

MAR 30, 2023 - 7:02 am

PEAC Solutions and Armada Credit Group, a provider of equipment finance services in Canada, formed a joint venture that will allow PEAC to expand and make it easier for vendor partners and customers in Canada to access financing options. read more

MAR 29, 2023 - 7:08 am

Merchant West Group, a privately-owned South African financial institution, will upgrade from an on-premise system to Solifi ABL on Solifi’s Open Finance Platform to support its plans to scale its asset-based lending business over the next three years. read more

MAR 29, 2023 - 7:07 am

Honour Capital completed a $4 million equipment financing agreement with a Midwest food processing company to acquire food processing and manufacturing equipment, computers and software. read more

MAR 29, 2023 - 7:05 am

Inovatec Systems promoted Mario Rea, one of the company’s founding team members, to chief information officer. In this role, he will be responsible for the company’s IT operations, infrastructure, security and compliance initiatives. read more

MAR 29, 2023 - 7:04 am

J.P. Morgan Private Capital appointed Alex Bell a partner for its sustainable growth equity platform. Based in New York, Bell will support the platform’s climate solutions investing efforts. read more

MAR 29, 2023 - 7:02 am

Accord Financial provided a $12 million credit line to a travel company whose business has picked back up following the severe slowdown caused by the COVID-19 pandemic. The credit line provides availability against accounts receivable. read more

MAR 29, 2023 - 7:01 am

ServisFirst Bank, a subsidiary of ServisFirst Bancshares, expanded its correspondent banking division into Texas. Don Dickerson will lead the expansion, serving as senior vice president of correspondent banking for the Texas region. read more

MAR 29, 2023 - 6:59 am

According to ACT Research, the backlog-to-build ratio contracted to 8.5 months in February after closing January at 9.9 months, reflecting a higher build rate. For context, the average since Q3/21 has been in the eight-month neighborhood. read more

MAR 29, 2023 - 6:58 am

According to the Equipment Leasing and Finance Association, Eileen Schoonmaker, U.S. general manager of soft assets at DLL, and Amy Ventling Hester, U.S. general manager of hard assets at DLL, will retire on April 7. read more

MAR 28, 2023 - 7:58 am

Wendy Callahan transitioned to the equipment finance department at SouthState Bank. She will report to Chris Hobbs, director of equipment finance and will be based in the Charlotte, NC. Prior to SouthState, Callahan worked for CIT, Volvo Financial Services and Wells Fargo equipment finance. read more

MAR 28, 2023 - 7:38 am