News

Baystone Government Finance Reports Company Record Business Volume

Baystone Government Finance, part of KS StateBank and based in Manhattan, KS, reported a company record 2022 year in new business volume and remains optimistic about 2023 due to rising demand for equipment and vehicles from schools and counties across the United States.  read more

Cobleigh and Alverez Join Star Hill Financial

Star Hill Financial appointed Robert Cobleigh managing director and Michael Alverez account executive. Prior to joining Star Hill, Cobleigh served as president of Peapack Capital, while Alvarez was most recently a regional sales manager at Ascentium Capital. read more

ELFF Releases Study on Specialized Apps for Equipment Finance Industry

The Equipment Leasing & Finance Foundation released a new study to help equipment finance companies navigate the growing number of options for automating and improving their business processes. read more

Summit Funding Group Celebrates 30th Anniversary

Summit Funding Group, a provider of equipment leasing and financing solutions based in Mason, OH, celebrated its 30th anniversary. The celebration included a gala held at Cincinnati Music Hall. read more

ENGS Commercial Finance Partners with Notarize to Offer On-Demand Notary Services

ENGS Commercial Finance integrated Notarize into its fintech platform. Through Notarize, ENGS customers can schedule their closings 24 hours per day, six days per week. read more

SLIM Capital Increased Overall Funding Volume by 5.91% in 2022

SLIM Capital reported a 39.6% increase in its average amount funded and an overall funding volume increase of 5.91% in 2022 compared with 2021.  read more

Verdant Commercial Capital Issues Inaugural Term Securitization

Verdant Commercial Capital closed its inaugural term securitization, Verdant Receivables 2022-1. The transaction was privately issued to an insurance company. The bonds are backed by a portfolio of equipment leases and loans. read more

TopMark Funding Reports 92% Y/Y Gain in Revenue for 2022

TopMark Funding closed 2022 with 92% year-over-year revenue growth while holding margins. Despite the economic headwinds and challenges in the transportation market, TopMark garnered impressive numbers in Q4/22, exceeding its Q4/21 revenue by 25%. read more

Quipli Receives $3.5MM in Funding to Power Equipment Rental Management Solution

Quipli, a provider of software for the equipment rental market based in Atlanta, raised $3.5 million from Boundless Venture Co, a venture studio based out of Oakland, CA.  read more

Unifi Equipment Finance Surpasses $1.5B in New Originations

Unifi Equipment Finance, a provider of equipment financing solutions for small to medium-sized businesses, has surpassed $1.5 billion in new originations. read more

AP Equipment Financing Hires Marsh as SVP of Accounting

AP Equipment Financing hired Zack Marsh, CLFP, as senior vice president of accounting and analysis. In this role, Marsh will be responsible for managing the accounting and treasury operations of the organization, including financial analysis, planning and budgeting. read more

ELFA Forecasts ‘Strong Turnout’ at 2023 Funding Conference

The Equipment Leasing and Finance Association is expecting a "strong turnout" for its 2023 National Funding Conference this March, with a total of 55 funding sources registered already. read more

New Bankruptcy Filings on the Rise Across Most Chapters

According to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data, new bankruptcy filings were up year over year across Chapters 7, 11, 13 and 15 in January. read more

NETSOL Becomes API Gateway Delivery Partner

NETSOL Technologies, a global business services and enterprise application solutions provider, announced it became an API gateway delivery partner with Amazon Web Services (AWS). read more

Wolters Kluwer Enablon and Makersite Collaborate to Help Enterprises Reach ESG Goals

Wolters Kluwer Enablon and Makersite have partnered to help organizations manage Net Zero ambitions through decarbonizing supply chains. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com