News

Santander Names Dunphy Managing Director in Chicago

Santander expanded its Commercial Banking presence in the Midwest region by naming Patrick Dunphy as its managing director and Midwest market head based in Chicago. read more

IHI to Sell IAT Small Engine Business to Caterpillar

Japan-based IHI executed an agreement to sell the commercial engine-focused small engine business of IHI’s subsidiary IHI Agri-Tech to U.S.-based Caterpillar. read more

Former JPMorgan Exec to Lead New Cerberus Technology Company

Former JPMorgan Chase executive Len Laufer joined Cerberus Capital Management to lead Cerberus Technology Solutions, a new operating subsidiary. read more

Channel Partners Capital Makes Inc. 5000 for Sixth Consecutive Year

Channel Partners Capital was ranked among the 5,000 fastest-growing private companies in the U.S. by Inc. magazine for the sixth straight year in 2018. read more

Ritchie Bros. Sells $50MM of Equipment Fort Worth Auction

Ritchie Bros. conducted its fourth Fort Worth, TX auction of the year, selling more than $50 million worth of equipment and trucks for over 600 consignors. read more

Regents Capital Makes Entrepreneur’s 2018 Top Company Cultures List

Regents Capital was recently ranked at No. 39 in the small business category on Entrepreneur's Top Company Cultures list, a comprehensive ranking of U.S.-based businesses exhibiting high-performance cultures. read more

Anderson Joins ENGS as Transportation Business Development Manager

ENGS Commercial Finance hired Bryan Anderson as a business development manager in its Transportation Finance Division. read more

Trinity Capital Provides $14MM Leasing Line to Zosano Pharma

Zosano Pharma entered into a new capital equipment leasing line of up to $14 million with Trinity Capital Investment, a vendor debt provider. read more

Clark Appointed President of Univest Capital

Univest Capital appointed William Clark president. He will be responsible for the operations and sales departments along with overseeing the planning, budgeting and overall strategy for the business. read more

Encina Provides $15MM Equipment Lease Line to Transportation Company

Encina Equipment Finance provided a $15 million equipment lease line to a specialized transportation company. read more

OSG Billing Services Acquires AppRev, Diversified Data and Consulting

OSG Billing Services completed its acquisitions of AppRev and the billing and payments business of Diversified Data and Consulting, both of which complement OSG’s municipal utility billing business. read more

Penske Truck Leasing Opens Tallahassee Location

Penske Truck Leasing introduced a state-of-the-art facility in Tallahassee, FL, which will provide full-service truck leasing, rental and maintenance. read more

Fed Raises Interest Rates in Response to Strong Economic Activity

The Federal Reserve raised the target range for the federal funds rate to 2% to 2-1/4% in view of realized and expected labor market conditions and inflation. read more

Air Lease Delivers of Airbus A320-200neo to SKY Airline

Air Lease delivered one new LEAP-1A26-powered Airbus A320-200neo aircraft on lease to SKY Airline in Chile. read more

ELFA: August New Business Volume Up 14% Y/Y

According to the ELFA Monthly Leasing and Finance Index, overall new business volume stood at $8.9 billion in August, a 14% increase year-over-year. read more

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