Kroll Bond Rating Agency assigned preliminary ratings to six classes of notes issued by Post Road Equipment Finance 2024-1, LLC (PREF 2024-1), an equipment ABS transaction from Post Road Equipment Finance. read more

FEB 2, 2024 - 6:45 am

The board of trustees of the National Equipment Finance Association’s Chris Walker Education Fund extended the deadline to submit grant applications to Feb. 29. The fund, which is actively raising funds, will award a total of $30,000 grants by the end of March. read more

FEB 2, 2024 - 6:44 am

Machinery Finance Resources hired Tom Donnelly as territory manager for equipment finance, according to a LinkedIn post from Donnelly. Donnelly was previously a regional vice president at Huntington Asset Finance. read more

FEB 2, 2024 - 6:42 am

Monitor released additional details about Converge 2024, notably the launch of a new website dedicated solely to the two-day conference. Converge 2024 will take place in Philadelphia from May 15 – 16 at the Kimpton Hotel Monaco. read more

FEB 1, 2024 - 6:44 am

Amur Equipment Finance completed its 13th term securitization, issuing $406.3 million in notes secured by equipment loans and leases originated through its platform. More than 50 unique investors participated in this transaction, which was led by Bank of America, BMO and Truist and was nearly six times oversubscribed with more than $2.3 billion in total orders. read more

FEB 1, 2024 - 6:43 am

A commercial finance team led by partners Rick Boyd and Tyler Wolf joined law firm Barnes & Thornburg’s corporate department. The team also includes Doug Plante (of counsel), Greg Preston (associate) and Janelle Julyan (senior paralegal). read more

FEB 1, 2024 - 6:43 am

Vesper Energy closed $590 million in debt financing for its Hornet Solar project. The bank group for the financing includes MUFG Bank, Nord/LB and Santander Corporate & Investment Banking as coordinating lead arrangers.   read more

FEB 1, 2024 - 6:41 am

Small businesses and legal and compliance professionals are increasing their levels of readiness to comply with new U.S. beneficial ownership reporting requirements, according to the results of a new poll by Wolters Kluwer CT Corporation. read more

FEB 1, 2024 - 6:39 am

Trinity Capital committed $15 million in growth capital to Kafene, a point-of-sale platform that helps retailers offer consumers more flexible purchase options through lease-to-own (LTO) agreements. read more

FEB 1, 2024 - 6:37 am

Abilene, TX-based First Financial Bankshares, the financial holding company for First Financial Bank, hired Keith Morton as executive vice president of credit administration in Houston. Morton formally served as senior vice president of special assets at Capital One. read more

FEB 1, 2024 - 6:35 am

According to ACT Research, the average retail sale price for a used Class 8 truck dropped 2.6% month over month to $58,000 in December, a level last seen in April 2021. read more

FEB 1, 2024 - 6:34 am

AP Equipment Financing began a new expansion initiative, placing a focus on expanding its towing and construction verticals. As part of the expansion, the company hired Ryan Whitehead as vice president of business development for the towing vertical and Seth Davis as vice president of business development to lead the construction initiative. read more

JAN 31, 2024 - 6:49 am

Equipment leasing company CSI Leasing continued its expansion by establishing two new subsidiaries in Europe: CSI Leasing Hungary in Budapest and CSI Leasing Austria in Vienna. Ivana Kundratova and Patryk Olszewski will be co-managing directors for both subsidiaries. read more

JAN 31, 2024 - 6:43 am

Citizens Business Conditions Index rose to 51.8 in Q4/23, supported by continued resilience in the labor market and consumer trends. The second consecutive quarterly reading above 50 indicates that the U.S. economy exited 2023 with momentum. read more

JAN 31, 2024 - 6:41 am

Blue Bridge Financial, an independent commercial equipment finance company, closed a one-year extension of its $135 million revolving credit facility with DZ BANK. read more

JAN 31, 2024 - 6:39 am