News

CSC Leasing Expands Leadership Team

CSC Leasing Company completed several promotions and expanded its leadership team, including naming Sam Corey president and chief investment officer, Will Forston CFO, Bert Short chief operating officer, John Perrin vice chairman and Dave Bosher chairman. read more

Trinity Capital Appoints Michael Testa CFO

Trinity Capital’s board of directors named Michael Testa CFO, effective immediately. Testa succeeded David Lund, who will remain on the team as a consultant, focusing on strategic growth initiatives for the company. read more

Greenbrier Companies Announces Organizational Changes

The Greenbrier Companies updated its business operations organizational structure, with its activities now in two distinct geographies: the Americas and Europe. Greenbrier also appointed Christian Lucky chief legal and compliance officer and is conducting a search for a new CFO. read more

Four Inc. Hires Egan as VP of Financed Solutions

Four Inc., a government IT solutions provider, added Toni Egan to its finance solutions team as vice president of financed solutions. Prior to joining Four Inc., Egan held the position of vice president of federal healthcare and energy financing at Key Equipment Finance. read more

Clarus Capital Closes $20MM Loan Financing for Sponsor-Backed IT Service Provider

Clarus Capital completed a $20 million loan facility for a sponsor-backed IT service provider. The funding will support investments in critical data center equipment to expand capacity and refresh existing technology as part of the company’s ongoing strategic upgrade initiative. read more

FGI Risk Hires McBride as Director

FGI Worldwide hired Greg McBride as director of FGI Risk. McBride will focus on originating new business opportunities for FGI’s credit insurance brokerage and risk advisory division by developing relationships throughout the Midwest. read more

FMI Equipment Names Davis President

Online equipment dealer FMI Equipment named Brett Davis president after Dave Kopp, the company’s founder and former president, stepped down. Kopp will remain with FMI as chief development officer. read more

ELFA Releases 2024 Calendar of Events

The Equipment Leasing and Finance Association released its 2024 calendar of events, which includes multiple in-person conferences and workshops as well as virtual learning opportunities. Continuing education credits are available for many of the offerings. read more

North Mill Equipment Finance Raises $20K in Charitable Contributions

North Mill Equipment Finance raised $20,000 in charitable contributions during the 2023 holiday season. The proceeds will be distributed to Future 5, a platform that supports under-resourced high school students in Stamford, CT, and Lucky Dog Refuge, a retreat for dogs in dire need of care. read more

Icelandair Signs Lease Agreement for Airbus A321LR Aircraft with SMBC

Icelandair signed a long-term lease agreement for one Airbus A321LR aircraft scheduled to be delivered in Q1/26 with SMBC. This will be the fifth A321LR aircraft Icelandair has leased from SMBC. read more

US Economic Activity in Manufacturing Sector Contracted Again in December

Economic activity in the manufacturing sector contracted in December for the 14th consecutive month following a 28-month period of growth, according to the Manufacturing ISM Report on Business from the Institute for Supply Management. read more

eCapital Closes $245MM Increase in Bank Line Supporting ABL Group

eCapital closed a $245 million increase to the syndicated bank line supporting its asset-based lending group. With this latest increase, eCapital’s total bank facility commitments across its three syndicated bank lines now exceeds $1.6 billion. read more

Ares Commercial Finance Adds Maccubbin as Principal for Business Dev and Underwriting Teams

Ian Maccubbin joined Ares Commercial Finance’s business development and underwriting teams as a principal. Maccubbin joined Ares Commercial Finance with 18 years of experience in the financial industry, most recently as a principal on the Carlyle Group’s private credit team. read more

Parker Hudson Names Pickard, Ravi and Weiss Partners

Law firm Parker, Hudson, Rainer & Dobbs admitted real estate attorney Wes Pickard, healthcare attorney Tara Ravi and bankruptcy attorney Matthew M. Weiss to the partnership of the firm. read more

Dext Capital Launches Technology Vendor Division, Hires Tomei, Garscin and Scott

Dext Capital established a technology vendor division dedicated to meeting the requirements of IT manufacturers and other technology solutions providers. This new division will be led by Ralph Tomei, accompanied by Jacque Garscin and Heather Scott. read more

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