News

GA Telesis and Tokyo Century Launch HALO AirFinance

GA Telesis and Tokyo Century launched a new joint venture lending platform, HALO AirFinance, which will serve as the exclusive debt origination channel for GA Telesis and Tokyo Century. read more

Tandem Finance Increases Funding by 58% Y/Y in 2022, Expands BD and PM Teams

In 2022, Tandem Finance completed more than $333 million in small-ticket equipment finance funding, yielding year-over-year growth of 58%. read more

CLFP Foundation Adds 12 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation reported that 12 individuals recently passed the eight-hour, online-proctored CLFP exam. read more

Chapter 11 Bankruptcy Filings Increase 83% Y/Y in February

New bankruptcy filings in February registered double-digit year-over-year increases across all major U.S. filing categories, according to data provided by Epiq Bankruptcy, including an 83% increase in Chapter 11 filings. read more

Encina Equipment Finance Provides $10MM Equipment Lease to Plastics Designer and Manufacturer

Encina Equipment Finance provided a $10 million lease to a plastics designer and manufacturer to finance new and existing manufacturing equipment. read more

Castlelake Aviation Closes $635MM Term Loan

Castlelake Aviation, a corporate lessor of commercial aircraft, closed a $635 million incremental term loan B facility. The company used proceeds of the facility to refinance existing debt and for general corporate purposes. read more

ACT Research Focuses on Decarbonization at Latest Seminar

ACT Research’s 68th seminar, Driving Decarbonization: The Future of Commercial Vehicles, welcomed transportation industry professionals like Brent Yeagy, president and CEO of Wabash, to continue the discussion on decarbonization and how it is reshaping the industry. read more

CASE Construction Partners with Crew Collab to Build Counseling Program for Students

CASE Construction Equipment partnered with nonprofit Crew Collaborative to sponsor and help build up FrameWork, an-all new career counseling and mentoring program for high school students interested in the construction industry.  read more

PEAC Solutions Partners with Bepensa Capital to Expand Financing in Mexico

PEAC Solutions, a multinational asset and vendor finance platform, and Bepensa Capital, the holding company of FinBe ABC, an independent financing company in Mexico, entered a partnership to provide financing solutions in Mexico. read more

SLR Equipment Finance Names Libert SVP of Business Development

SLR Equipment Finance appointed Kevin Libert a senior vice president of business development. Libert began his career with ITT Industrial Credit Company and was most recently with Central Coast Lending. read more

Capteris Capital Closes $10MM Lease to Sponsor-Owned Private Company

Capteris Capital, an equipment finance company supported by the capabilities of Wheels and MidCap Financial, closed a $10 million lease through one of its strategic capital market partners to finance construction equipment for a sponsor-owned private company. read more

Encina Equipment Finance Adds Kilfoyle to Capital Markets Team

Encina Equipment Finance appointed Sean Kilfoyle vice president of its capital markets team. In his new role, Kilfoyle will assume responsibility for syndication efforts related to commercial equipment loans and leases. read more

Orion First Hosts Annual Small Business Lending Forum in Phoenix

Orion First recently facilitated its annual Small Business Lending Forum at the JW Marriot Desert Ridge Resort in Phoenix. Orion First has been facilitating these two-day events for more than 20 years. Each event features relevant and forward-thinking breakout sessions. read more

Biz2Credit to Host ‘Examining the Future for Women-Owned Businesses’ Online Forum March 8

Biz2Credit will release its annual women-owned business study on International Women’s Day (March 8). Biz2Credit will also host an online forum with U.S. Rep. Sharice Davids from 2-3 p.m. EST. read more

McGrath Acquires Brekke Storage

McGrath RentCorp, a business-to-business rental company in North America, acquired the assets of Brekke Storage, a regional provider of portable storage solutions in the Colorado market. read more

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