News

BHI Provides $80MM Construction Loan to Building Project in New York

BHI provided an $80 million construction loan to 200 East 20th St. The 200 East project is a development of a new condominium building located at 20th Street and Third Avenue in the Gramercy Park neighborhood of Manhattan, NY. read more

Forbright Adds Sigman and Quale

Forbright named Jim Sigman senior advisor and Matthew Quale president of digital banking. Sigman will focus on institutional counterparty relationships, growth opportunities and advise on corporate and securities matters. Quale will lead the creation of a new digital banking platform. read more

Griffin Global Asset Management Delivers Airbus A32neo

Griffin Global Asset Management delivered a fourth Airbus A320neo aircraft with Scandinavian Airlines (SAS) out of a mandate of six purchase and leasebacks. read more

Solifi and Codat Partner to Streamline ABL Online Experience

Solifi, a global fintech software company, partnered with Codat to make it easier for customers to optimize business operations, streamline processes and make informed decisions securely and accurately. read more

ELFA Releases 2023 Calendar of Events

The Equipment Leasing and Finance Association released its 2023 calendar of events, which includes multiple in-person conferences and workshops, as well as multiple virtual learning opportunities. read more

Ritchie Bros. Acquires Controlling Stake in VeriTread

Ritchie Bros. acquired a controlling stake in VeriTread, a transportation technology and services company. read more

North Mill Equipment Finance Reports Record Originations for 2022

North Mill Equipment Finance (NMEF), an independent commercial equipment lender located in Norwalk, CT, reported its organic lease and loan originations reached an all-time high and financial and operational key performance indicator exceeded all expectations in 2022. read more

John Deere Chooses 2023 Startup Collaborators

John Deere released the names of eight companies chosen for its 2023 Startup Collaborator program. read more

DBRS Morningstar Has Stable Outlook for 2023 ABS Market

According to a new report, DBRS Morningstar has a stable credit rating outlook across U.S. asset-backed securities (ABS) for 2023. Across commercial ABS, DBRS Morningstar reported stable rating outlooks for the agricultural finance and equipment lease sectors, among others.   read more

CFOs Face Talent Recruitment Challenges While Considering Workforce Reductions

According to a survey from Grant Thorton, although many CFOs expect continued challenges attracting and retaining talent, the top area cited for potential costs cuts was expenses related to employee headcount and compensation. read more

Rockland Trust and Independent Bank Name Tengel CEO

Rockland Trust and its bank holding company parent, Independent Bank, appointed Jeffrey J. Tengel CEO. Current CEO Christopher Oddleifson will step down, effective around Feb. 6. read more

STRIPES Leadership Announces Graduate Program

STRIPES Leadership Program, the professional and personal leadership development program created in partnership with Monitor, announced additional offerings for graduates of the STRIPES program. read more

United Leasing & Finance Makes Leadership Changes

Ronald D. Romain, CEO of United Leasing & Finance, transitioned to executive chairman of United Leasing & Finance's holding company. Amy Romain Barron was named Romain's successor after previously serving as vice president of United Companies. read more

Clarus Capital Closes $7MM Lease Facility for Industrial Manufacturer

Clarus Capital completed a new lease facility for a public industrial manufacturer. Clarus’ financing will support the strategic expansion of the company’s specialized production capabilities and drive manufacturing efficiency across the organization. read more

Flynn Retires from Fleet Advantage, Holland Becomes CEO

Fleet Advantage CEO John Flynn retired from the company, with Brian Holland, president and CFO of Fleet Advantage, chosen as Flynn's successor. read more

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