News

Western Alliance Bank Hires Woo as Senior Director of Treasury Management for Corporate Finance, Public and Nonprofit Finance Groups

Western Alliance Bank hired Paulina Woo as a senior director of treasury management in the bank’s corporate finance and public and nonprofit finance groups. In her new role, she will lead dedicated teams that tailor banking solutions to meet the needs of a client base that includes municipalities, local governments, nonprofit organizations, corporations and institutional investors. read more

Black Equipment Finance Network Awards Scholarships to HBCU Students for CLFP Program

The Black Equipment Finance Network, a national networking organization of equipment finance professionals, awarded its inaugural scholarships to two students from Historically Black Colleges and Universities. The scholarship program is part of a collaborative effort between the Certified Lease & Finance Professional Foundation and Cisco Capital. read more

Daimler Truck Financial Services Launches Rental Business in Brazil

Daimler Truck Financial Services launched Mercedes-Benz Locações Caminhões e Ônibus, a rental business for truck and bus customers in Brazil with an initial focus on small and medium-sized fleet owners. read more

CFO Confidence is on the Rise

A new survey from Grant Thornton, a provider of audit and assurance, tax and advisory services, revealed that in Q4/23, CFOs had dramatically higher expectations compared to previous quarters. In fact, the majority of CFOs in the survey said they were confident in their ability to meet business goals related to growth, cost control, supply chain and labor needs. read more

Sammons Industrial Names New Leaders to Executive Team

Sammons Industrial, the parent company of Briggs Industrial Solutions and Briggs Equipment as well as equipment rental company SitePro Rentals, appointed Mark Piccirillo CFO, Amanda Coley vice president of human resources and Heather Meiner vice president of marketing and technology. read more

United Rentals Partners with Raiven to Streamline Equipment Rental Access

Raiven, a purchasing and supply chain management platform, added United Rentals to its group of suppliers. The partnership will provide businesses with streamlined access to United Rentals’ inventory of equipment through Raiven’s purchasing platform. read more

ACT Research: 2024 Class 8 Truck Production and Sales Forecast Bumped Up

After essentially holding the line on the forecast since last July, ACT Research pushed its 2024 Class 8 truck production and sales expectations up in February, as published in the latest release of its North American Commercial Vehicle Outlook. read more

Macquarie Group to Provide $100MM in Funding to NG Energy International

NG Energy International entered into a definitive credit and guarantee agreement with Macquarie Group for a financing of up to $100 million of which $50 million is committed funding. read more

Dedicated Financial GBC Names Keckhafer President, Relocates Office

Dedicated Financial GBC achieved two significant milestones in its growth. The company has recently relocated its office from Roseville to Shoreview, Minnesota and concurrently appointed Jay Keckhafer as its new president. read more

Western Equipment Finance Hires Anderson as VP, Business Development

Western Equipment Finance hired Jonathan Anderson as vice president of national business development and plans to expand its offerings in the golf and turf industry. read more

Northteq’s Aurora Platform Powers ElmBlue Capital’s Equipment Finance Launch

Northteq, a provider of Salesforce loan origination solutions, supported the launch of ElmBlue Capital, an emerging lender in the equipment finance market. read more

BankFinancial Expands Board of Directors and Enters Standstill Agreement

BankFinancial expanded its board of directors with the election of Aaron O’Connor and Benjamin Mackovak. On Feb. 7, 2024, BankFinancial, Strategic Value Bank Partners, Strategic Value Investors and Mackovak agreed to a standstill agreement. read more

Full Skope Deploys Loan Origination Solution for Sage Creek Capital

Full Skope successfully rolled out its SkopeLend platform at Sage Creek Capital, an equipment finance company led by Ethan Keeler. read more

Aviation Capital Group Delivers One B737-800 to Air North, Yukon’s Airline

Aviation Capital Group, a global full-service aircraft asset manager, delivered one Boeing 737-800 aircraft to Whitehorse, Yukon Territory Canada based Air North, Yukon’s Airline. read more

Central Valley and Community West Receive Shareholder Approval for Merger

Shareholders approved the merger of Community West with and into Central Valley, with Central Valley as the resulting company, and Community West Bank with and into Central Valley Community Bank. The decision was made at special meetings held on Feb. 8, 2024. read more

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