News

WesBanco Bank Promotes Klick to President of Upper Ohio Valley Market

WesBanco Bank promoted David Klick to president of the upper Ohio Valley market and senior commercial banker for the bank. In his new role, Klick will oversee strategic direction, business development, client relationships and initiatives supporting communities in the upper Ohio Valley. read more

Equipment Finance New Business Volume Down 8% Y/Y in April

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, overall new business volume in the industry for April was $9.7 billion, down 8% year over year and 7% month over month.   read more

DLL Closes Second US Securitization Transaction of 2023 at $850MM

DLL closed DLLMT 2023-1, the company’s second U.S. securitization transaction this year, issuing notes totaling $850 million. The transaction was rated F1+/P-1 or AAA/Aaa by Fitch Ratings and Moody’s, respectively. read more

GreatAmerica Financial Services Closes 23rd Securitization at $549.277MM

GreatAmerica Financial Services closed its 23rd securitization of $549.277 million in privately placed bonds. S&P Global Ratings and Fitch Ratings rated 93.4% of the bonds in the transaction as AAA, the same as the company’s six prior transactions. read more

Tamarack Technology Adds Rouillard as Senior Application Consultant

Tamarack Technology added Rachel Rouillard, CLFP, to its professional services team as a senior application consultant. In her role, Rouillard will be responsible for guiding the implementation of client projects. read more

Key Equipment Finance Promotes Arnone to Lead Manufacturer & Government Alliances Business Division

Key Equipment Finance promoted Shawn Arnone to group head and senior vice president of the company’s newly-formed manufacturer and government alliances business division. read more

QuickFi by Innovation Finance USA Wins Best in Show at Finovate Spring 2023

QuickFi by Innovation Finance USA was named “Best in Show” at Finovate Spring 2023. QuickFi was honored for the live demonstration of its newest offering, the QuickFi e-commerce integration. read more

Stearns Bank Partners with Sardine to Provide New Operating System for Risk Management

Stearns Bank has partnered with Sardine, a provider of risk management and compliance solutions, to enhance Stearns Bank's fintech program. read more

Metropolitan Commercial Bank Appoints Ter-Gevondyan VP and Commercial Lending Officer

Metropolitan Commercial Bank, a New York City-based commercial bank appointed Anthony Ter-Gevondyan vice president and commercial lending officer. Ter-Gevondyan started his banking career with JPMorgan Chase. He later moved to PNC Bank to focus on healthcare finance. read more

CSI Leasing Promotes Taylor and Habermas to SVP of Sales Roles

CSI Leasing promoted Sean Habermas and Michelle Taylor to senior vice president of sales roles. Both were previously vice presidents. read more

Amembal & Halladay Launches E-Learning Courses for Equipment Finance Industry

Amembal & Halladay launched five self-paced e-learning courses that will cover a range of topics, including accounting for leases, management strategies and vendor leasing programs. Sudhir Amembal created the courses and will serve as the instructor. read more

PerCina Report Launches as Credit Underwriting Tool for Equipment Finance and Structured Credit

PerCina Report launched as a credit underwriting tool designed for the equipment finance and structured credit markets. PerCina Report intends to empower credit analysts at any skill level to create higher-quality credit reports more efficiently. read more

LeaseAccelerator Acquires LeaseController from Deloitte

LeaseAccelerator, a provider of lease lifecycle automation software, completed the acquisition of the LeaseController software-as-a-service product and related business operations from Deloitte.  read more

Sweet Leaf Madison Capital Adds Paxiom Automation to Preferred Vendor Program

Sweet Leaf Madison Capital, a provider of debt solutions for the middle-market cannabis industry, added Paxiom Automation, a provider of packaging machines, to its preferred vendor program. read more

Fifth Third Bank Names Green President of South Florida Region

Fifth Third Bank named Stephanie Green South Florida region president. As region president, Green will be responsible for the growth and strategic direction of the bank’s commercial, wealth and asset management, business banking and treasury management businesses in South Florida. read more

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