Aviation Capital Names Nunes VP of Marketing in Latin America

Aviation Capital Group named Armando Belchior Nunes vice president of marketing in Latin America. Nunes will work with the company’s ’s head of marketing to support the region by developing and maintaining customer relationships and supporting brand awareness initiatives. read more

Vmo Aircraft Leasing Adds Cumberland Additive CEO to Board of Directors

Vmo Aircraft Leasing appointed Dawne S. Hickton an independent member of its board of directors. Hickton currently serves as chair and CEO of Cumberland Additive, a 3D printing technology company that caters to the space, defense and aerospace markets. read more

Mitsubishi HC Capital America, Autocar and Chargepoint Partner on EV Financing Solution

Autocar, a manufacturer of engineered severe-duty vocational vehicles, partnered with Mitsubishi HC Capital America and ChargePoint to provide a bundled vehicle financing solution designed to help customers grow their electric fleets and install charging infrastructure. read more

ELFA Calls for Presentations for 2023 Annual Convention

The Equipment Leasing and Finance Association is making a call for presentations for the 2023 ELFA Annual Convention. Proposals to speak at the event are due by July 11. The convention will take place Oct. 22-24 at the JW Marriott Phoenix Desert Ridge in Phoenix. read more

Clarus Capital Closes $70MM Lease Facility for a Sponsor-Backed Transportation Service Provider

Clarus Capital arranged a $70 million lease facility for a sponsor-backed transportation service provider, which used the proceeds to support growth initiatives and fleet expansion. Clarus funded half of the facility for its own account and placed the remaining amount with multiple lessors.    read more

CLFP Foundation Adds 14 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation reported that 14 individuals recently passed the eight-hour online proctored CLFP exam. read more

Post Road Equipment Finance Provides $15MM Lease to Precision Components Manufacturer

Post Road Equipment Finance provided a $15 million lease to an international precision components manufacturer for the commercial aerospace, industrial gas turbine and auto markets to finance new and existing manufacturing equipment. read more

Wells Fargo Announces Transition for Outstanding LIBOR-Linked Instruments

Wells Fargo issued debt securities, certificates of deposit, trust preferred securities and preferred stock and related depositary shares that reference the London Interbank Offered Rate (LIBOR) for deposits in U.S. dollars for a three-month tenor. read more

Berkshire Bank Promotes Saint John to Deputy Chief Credit Officer & Commercial Credit Director

Berkshire Bank promoted Greg Saint John to senior vice president, deputy chief credit officer and commercial credit director. Saint John began his career at Berkshire Bank more than a decade ago as vice president and regional credit officer. read more

NetJets Signs $5B Deal with Embraer for 250 Praetor 500 Business Jets

NetJets signed a new deal with Embraer for up to 250 Praetor 500 jets, with the dealing including a services and support agreement. The deal is valued in excess of $5 billion, with deliveries expected to begin in 2025. read more

DLL Wins ESG Awards at Arena International Events Group’s Sustainable Finance Summit

DLL received the 2023 ‘Best ESG Initiative of the Year: Social Aspects’ and ‘Best Give Me a New Life Funding Programme’ Awards from the Arena International Events Group. The awards ceremony was held in Paris at the Arena International Events Group’s Sustainable Finance Summit. read more

AACFB’s 2023 Annual Conference Breaks Event Records

The American Association of Commercial Finance Brokers (AACFB) wrapped up its 2023 Annual Conference on May 4 in Irvine, CA, at the Irvine Marriott. Attendance at the event reached a 14-year high and broke an event record for the AACFB Women in Finance Luncheon. read more

Macquarie Approves $29.44MM Operating Lease Facility for Mining Equipment for Highfield Resources

Highfield Resources received credit approval from Macquarie Group for an equipment operating lease facility that allows the company to purchase equipment with a total value of up to €27 million ($29.44 million), with the peak exposure not expected to exceed €25 million ($27.26 million). read more

eCapital Hires DeBernardo and Meuschke as SVPs and Business Development Officers

eCapital hired Matthew DeBernardo and Bret Aaron Meuschke as its newest senior vice presidents and business development officers. DeBernardo and Meuschke will be responsible for managing factoring and asset-based lending transactions as part of the eCapital’s commercial finance division. read more

MGT Lease Company Purchases 250 Commercial EVs from Mullen Automotive

Mullen Automotive, an electric vehicle manufacturer, signed a vehicle purchase agreement with MGT Lease Company, a fleet leasing provider, which will purchase 250 all-electric commercial Class 3 cab chassis EV trucks from Mullen. read more

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