News

Amerisource Funds $3.5MM Facility for New York Company

Amerisource Business Capital closed and funded a $3.5 million credit facility for a specialty manufacturing company based in New York. read more

GE Capital Vet Farlin Joins LEAF as VP/Business Unit Head

Equipment leasing and finance company LEAF Commercial Capital hired Mark Farlin as vice president of Sales, business unit head for Healthcare. read more

Air Lease Reports $471MM in Revenue for Q2/2019

Air Lease Corporation reported the financial results for the second quarter which ended on June 30, 2019. Reported revenues was $471 million, an increase of 18.5% year over year. read more

ACT: Trade Policy Weighs on Forecasts, Freight Downturn Persists

ACT Research released the August installment of its Freight Forecast, U.S. Rate and Volume OUTLOOK report covering the truckload, intermodal, LTL and last mile sectors. read more

SEC Votes to Modernize Disclosures Under Regulation S-K

The SEC voted to propose rule amendments to modernize the description of business, legal proceedings, and risk factor disclosures that registrants are required to make under Regulation S-K. read more

Amerisource Closes $5MM Facility for Manufacturing Company

Amerisource Business Capital closed and funded a $5 million credit facility for a Texas-based manufacturing company which supports the LNG industry. read more

CDB Aviation Delivers Africa’s First A320neo to Air Seychelles

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, delivered a new Airbus A320neo to Air Seychelles, the national airline of the Republic of Seychelles. read more

Ritchie Bros. Reports Q2/2019 Results, Names Interim Co-CEOs

Ritchie Bros. Auctioneers reported its results for the three months ended June 30, 2019. Net income attributable to stockholders increased 18% to $54 million year over year. read more

National Bank of Ethiopia Grants First License to U.S.-Backed Company

The National Bank of Ethiopia granted the first financial services license to a foreign-owned company, Ethio Lease, a capital lease provider and subsidiary of equipment lessor Africa Asset Finance Company. read more

V12 Vehicle Finance Goes Live with White Clarke CALMS Software

Following an initial workshop 9 months ago, White Clarke Group has delivered its out-of-the-box CALMS Wholesale Finance solution to V12 Vehicle Finance. read more

BizCap Provides Equipment Term Loan to Everett Graphics

Business Capital structured and delivered a multi-tranche credit facility, inclusive of an equipment term loan, for Everett Graphics and a revolving line of credit for its subsidiary, Tahoe Paperboard. read more

GECAS provides Hongtu Airlines its first A320neo

GECAS delivered the first of four A320neo headed to Yunnan Hongtu Airlines (Hongtu Airlines). The delivery marks the first LEAP-powered A320neo to enter service with Hongtu. read more

Government Leasing Provides $2M Funding to U.S. Army

Government Leasing completed $2 million in financing for office equipment for the U.S. Army. read more

Continental Provides $750K ABL Facility to Texas Manufacturer

Continental Business Credit funded a $750,000 asset-based lending facility to a manufacturer and distributor of nutritional and supplement powders and beverages. read more

New ELFF Report Examines Trends in U.S. Healthcare Industry

Cost and technology are two key themes underlying virtually every trend and issue impacting the healthcare industry, according to the newest ELFF study, Vertical Market Outlook Series: Healthcare. read more

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Terry Mulreany
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