News

Amerisource Provides $2MM Facility to Medical Research Company

Amerisource Business Capital closed and funded a $2 million credit facility for a medical research and record retrieval company based in Texas. read more

CIT to Acquire Mutual of Omaha Bank

CIT Group and Mutual of Omaha signed a definitive agreement for CIT Bank to acquire Mutual’s savings bank subsidiary, Mutual of Omaha Bank, for a purchase price of $1 billion. read more

Crestmark Promotes Three in Transportation Finance

Crestmark’s Transportation Finance Division promoted Sherri Holmes and Kim Meek to portfolio management for the division and Phyllis Packard to vice president, legal compliance. read more

Baker Joins ENGS Commercial Capital as VP/BDO

ENGS Commercial Capital, a subsidiary of ENGS Commercial Finance, brought on board David Baker as vice president and business development officer. read more

Fleet Advantage Releases White Paper on Business Intelligence

Fleet Advantage released its latest comprehensive industry white paper report: “The Future of Transportation Fleets: How Business Intelligence is Steering More Profitable Decisions.” read more

Wells Fargo Taps Taylor to Lead Merchant Services

Colleen Taylor joined Wells Fargo as head of Wells Fargo Merchant Services. She will report to Danny Peltz, head of Treasury, Merchant and Payment Solutions and work in New York. read more

SQN Provides $3.4MM Equipment Lease to Oil Field Services Firm

SQN Capital Management provided a $3.4 million equipment lease facility to a provider of oil field hydraulic jet pumping services in the U.S. read more

CDB Aviation Delivers Airbus A320neo to Ural Airlines

CDB Aviation delivered an Airbus A320neo aircraft to its new customer in Russia, Yekaterinburg-based Ural Airlines. read more

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

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Terry Mulreany
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