Tamarack Technology released the third and final whitepaper in a series examining the application of artificial intelligence (AI) in the equipment finance industry. read more

DEC 9, 2022 - 7:15 am

NETSOL Technologies, a global business services and enterprise application solutions provider, opened a new support and delivery center in Austin, TX. read more

DEC 9, 2022 - 7:13 am

The asset-based lending business of CIT, a division of First Citizens Bank, provided a $35 million revolving credit facility to Utopia Deals. read more

DEC 9, 2022 - 7:12 am

Commercial Chapter 11 filings increased 74% to 345 in November 2022 from the 198 filings recorded in November 2021, according to data provided by Epiq Bankruptcy, a provider of U.S. bankruptcy filing data. read more

DEC 9, 2022 - 7:10 am

CIT Northbridge Credit, as advised by CIT Asset Management, served as agent on a $27.78 million credit facility for Applied Optoelectronics, a provider of fiber-optic networking products. read more

DEC 9, 2022 - 7:08 am

First Financial Equipment Leasing, a provider of equipment financing solutions and a member company of JA Mitsui Leasing, acquired NorFund Capital, based in Toronto, expanding its reach in Canada. read more

DEC 8, 2022 - 7:30 am

NineDot Energy, a developer of community-scale clean energy projects, closed on a new $85 million construction-to-term debt facility. Provided by CIT and SMBC, the facility supports the construction and operation of 11 battery storage sites. read more

DEC 8, 2022 - 7:29 am

First Foundation Bank's equipment finance department appointed Roman Yankovskiy, Corey McKeon and Allison Pantoja to its operations and credit departments. read more

DEC 8, 2022 - 7:27 am

Regions Bank created a franchise lending team led by industry veteran Peter Salas. Salas and his team will focus on helping drive business sustainability and expansion through specialization in franchise concepts. read more

DEC 8, 2022 - 7:24 am

International Data Corporation unveiled its future of work predictions for 2023 and beyond, noting that the reality of the current global economic, climate and business challenges in the United States requires workers to be a part of dynamic and reconfigurable teams. read more

DEC 8, 2022 - 7:22 am

Custom Truck One Source’s current CEO Fred Ross will retire on March 20. The company’s board of directors unanimously approved the promotion of Ryan McMonagle, the company’s current president and chief operating officer, to succeed Ross as CEO. read more

DEC 8, 2022 - 7:20 am

According to Global Jet Capital’s Q3/22 business aviation market brief, the business jet market exhibited strong performance in the third quarter, continuing a trend that began in the second half of 2020. read more

DEC 8, 2022 - 7:19 am

Vmo Aircraft Leasing purchased an Airbus A350-900 aircraft from ABC Financial Leasing. The aircraft is on lease to South Korean carrier Asiana Airlines. read more

DEC 8, 2022 - 7:17 am

Bradon R. Marshall rejoined Quality Equipment Finance as a senior sales consultant. Marshall will be working from a remote office in central Texas. read more

DEC 7, 2022 - 7:24 am

Trinity Capital, a provider of diversified financial solutions to growth-stage companies, entered into an agreement to co-manage a newly formed joint venture, i40, with more than $5 billion of assets under management. read more

DEC 7, 2022 - 7:23 am