Wintrust Receivables Finance closed a new $3 million accounts receivable line of credit for a Southwest-based third-party logistics company. read more

APR 15, 2024 - 6:29 am

Natixis Corporate & Investment Banking acted as one of five mandated lead arrangers of the $750 million commercial and ECA-covered tranches in a $2.5 billion senior secured debt financing package for the expansion of Minera Centinela's mining operations in Chile. read more

APR 15, 2024 - 6:27 am

Aircraft asset manager Aviation Capital Group delivered one new Airbus A321neo aircraft on long-term lease to SKY Airline. Featuring CFM International LEAP-1A engines, this is the second of two aircraft scheduled to deliver to the airline from Aviation Capital Group. read more

APR 15, 2024 - 6:24 am

Capteris, a provider of mid- and large-ticket equipment finance solutions, reported a 200% year-over-year increase in funded volume in Q1/24, resulting in the company’s strongest quarter since inception. read more

APR 12, 2024 - 6:24 am

Encina Lender Finance closed a $30 million senior credit facility for a small-ticket equipment finance platform, which will use the facility to originate new equipment leases. read more

APR 12, 2024 - 6:22 am

Provident Financial Services, the parent company of Provident Bank, and Lakeland Bancorp, the parent company of Lakeland Bank, received regulatory approval from the Federal Reserve to complete their previously announced merger. read more

APR 12, 2024 - 6:20 am

The resilience of the asset-based lending market continued in Q4/23, with lenders holding on to positive sentiment against the backdrop of an uneven economy while closely watching portfolios in 2024, according to data released by the Secured Finance Network. read more

APR 12, 2024 - 6:19 am

Five Star Bank hired Casey Grafeld as senior vice president and managing director. In this role, Grafeld will help advance Five Star Bank’s expansion strategy in the San Francisco Bay Area with commercial banking service in Marin County. read more

APR 12, 2024 - 6:17 am

Finastra launched a small business data collection module designed to help banks comply with the Equal Credit Opportunity Act small business data collection requirements mandated by Section 1071 of the Dodd-Frank Act. read more

APR 12, 2024 - 6:15 am

Equipment rental company H&E Equipment Services signed a definitive agreement to acquire Lewistown Rental, a Lewistown, MT-based equipment rental business, and three of its affiliated rental operations in Havre, Glasgow and Great Falls, MT. read more

APR 12, 2024 - 6:13 am

Société Générale signed a memorandum of understanding with French banking company Group BPCE for the divestment of its equipment finance business for a purchase price of €1.1 billion ($1.18 billion). read more

APR 11, 2024 - 6:53 am

Tony Cracchiolo, president and CEO of U.S. Bank Equipment Finance, announced that he will retire in July. According to a U.S. Bank spokesperson, the bank will begin a search for a new leader of its equipment finance business in the coming months. read more

APR 11, 2024 - 6:50 am

PEAC Solutions, a multi-national asset finance platform, entered into a program agreement with NOBLELIFT North America, a global manufacturer specializing in lithium-iron electric forklifts and material handling equipment. read more

APR 11, 2024 - 6:50 am

Onset Financial officially opened a 55,000-square-foot campus as part of its new Red Rock division in St. George, UT. read more

APR 11, 2024 - 6:50 am

Jason M. Rosenberg will join Wells Fargo on April 15 as head of public affairs, reporting to CEO Charlie Scharf and joining the company’s operating committee. Rosenberg joined Wells Fargo from Block, which he joined in 2022 as head of corporate affairs. read more

APR 11, 2024 - 6:48 am