News

Ritchie Bros. Sell Over $60MM in Equipment at September Auction

Ritchie Bros. sold over C$78 million ($60 million) in equipment to more than 1,000 consignors at the company’s September auction in Edmonton, AB. read more

DLL Supports T-Mobile Apple Leasing Program

T-Mobile launched an iPhone and iPad leasing for business program that will extend financing from Apple funded through DLL Group. read more

North American Class 8 Orders Hit All-Time High in August

According to ACT Research, preliminary North America Class 8 net order data show the industry booked 53,100 units in August, breaking the all-time record set last month. read more

Chiron Advises Seville on GNCU Equipment Financing

Chiron Financial served as the exclusive investment banker to Seville Farms in the placement of real estate and equipment financing with the Greater Nevada Credit Union. read more

Commonwealth Capital Certified as Women’s Business Enterprise by WBENC

Commonwealth Capital, a diverse equipment leasing company, was recertified as a Women’s Business Enterprise by the Women’s Business Enterprise Council of Pennsylvania, Delaware and South New Jersey. read more

LaSalle Engineer Pfau Named Cisco Most Strategic Partner Engineer

LaSalle Solutions Lead Engineer Dave Pfaa received the Cisco award for Most Strategic Partner Engineer. Cisco presented the award on at its FY18 Partner Awards in Las Vegas in August. read more

Crestmark Closes More Than $31MM in Transactions in H2/August

Crestmark secured more than $31.046 million in financial solutions with 16 transactions for 14 new clients in the second half of August 2018. read more

Fleet Advantage COO/CTO Griffin Selected as Finalist for Tech Awards

Fleet Advantage COO and CTO James Griffin was selected as a finalist for the South Florida Business Journal’s 2018 Technology Awards. read more

ACT Research: Diesel Still Dominant as Alternative Fuel Offerings Grow

The latest North American On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, highlighted alternative fuel activity for CV GVWs 5-8, including forecasts of engines volumes and product trends. read more

Kamp Leaves CFO Position at Marlin Business Services

W. Taylor Kamp left his position as senior vice president and chief financial officer at Marlin Business Services. He will remain with Marlin as a consultant through the end of this year to assist in the transition. read more

White Oak Closes $20MM Financing for Fox Rehabilitation

White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a $20 million asset based senior credit facility for Fox Rehabilitation. read more

Economy: New Orders, Production and Employment Growing

Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 112th consecutive month, according to U.S. supply executives in the latest Manufacturing ISM Report on Business. read more

Verity Health System of CA Files Chapter 11; Ally Bank to Provide DIP

Verity Health System of California filled voluntary petitions for protection under Chapter 11. Ally Bank will be providing secured DIP financing of up to $185 million. read more

Virtual Crypto Software to Allow Purchase/Sale of Bitcoin at Regular ATMs

Virtual Crypto Technologies will offer ATM operators worldwide software that will enable users to buy and sell bitcoin at regular ATMs. read more

Debitum Network Launches Blockchain-Based Ecosystem for Small Business

Debitum Network launched a global finance platform aimed at tackling the worldwide shortage of funding for small businesses. read more

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Terry Mulreany
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