News

Griffin of Fleet Advantage Receives 2019 CIO Lifetime Achievement Award

James Griffin, COO and CTO of equipment financier Fleet Advantage, has been named South Florida Business Journal’s 2019 CIO Lifetime Achievement Award recipient. read more

Bob Rinaldi Interviews Agave Expert Ricardo at Diversions Blog

Bob Rinaldi added an educational video series on his Diversions blog featuring agave expert Ricardo from the world-famous Hotel Esencia. read more

CIT: Saving Brings More Happiness than Spending

Two-thirds of U.S. consumers believe saving money brings more happiness than spending it, according to CIT Bank's new Financial Bliss Survey conducted by The Harris Poll. read more

Encina EF Provides $10MM Lease Line to Services Company

Encina Equipment Finance provided a $10 million equipment lease line to a utility infrastructure services company. read more

Utica Completes $900K in Leases for Two Hemp Processing Companies

Utica Leaseco completed two transactions totaling $900,000 during the week of October 1, 2019. read more

SMBC Delivers First Airbus A320neo to JetSMART

SMBC Aviation Capital delivered an Airbus A320neo to Chilean ultra-low-cost carrier JetSMART, the first delivery of that type of aircraft to JetSMART. read more

Reuters: HSBC to Cut Up to 10,000 Jobs

According to Reuters, HSBC plans to cut up to 10,000 jobs or 4% of its workforce in an effort to reduce costs. read more

3 US Bank Women Named to Most Powerful Women in Banking List

Several U.S. Bank women, including Leslie Godridge, Gunjan Kedia and Kate Quinn, were among the 2019 class of the Most Powerful Women in Banking, as celebrated by American Banker. read more

TD Promotes Barr to New Hampshire Commercial Market President

TD Bank promoted Gary Barr to New Hampshire Commercial Market President. Barr will oversee all community and small business lending across the Granite State. read more

Huntington Ranks #1 for SBA Loan Origination by Volume

For the second year in a row, Huntington Bank ranked as the nation's largest originator by volume of SBA 7(a) loans based on figures at the close of SBA fiscal year 2019 read more

ABI: Total US Bankruptcy Filings Up 6% Y/Y

Commercial chapter 11 filings totaled 414 in September, a 33% increase over September 2018’s total of 312 filings, according to the American Bankruptcy Institute. read more

AerCap Prices Fixed-Rate Reset Junior Subordinated Notes

AerCap priced its offering of $750 million aggregate principal amount of 5.875% fixed-rate reset junior subordinated notes due 2079. read more

Williams Joins Oak Street Funding as CMO

Commercial finance company Oak Street Funding hired Iliana Williams as chief marketing officer. Williams succeeds Sharon Robbins, who is retiring from the role at the beginning of October. read more

North Mill Posts Record Originations in Q3/2019

North Mill Equipment Finance experienced record originations for the 3rd quarter of 2019. The company exceeded $43 million in funded volume, a growth rate of over 30% from the prior quarter. read more

Onset Financial Experiences Highest Sales Quarter in Company History

Onset Financial closed its third quarter in 2019 with the highest sales in its history. The company is currently on track for its best year in new fundings since its inception in 2008. read more

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Terry Mulreany
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