News

DLL Appoints Raison CFO

DLL appointed Grégory Raison to the position of CFO and member of the company’s executive board. Raison joined DLL from BNP Paribas, where he was CFO for international retail banking. read more

Acquis Launches in US, Madison to Lead to Expansion

Acquis, a provider of insurance solutions to the European leasing industry, will now provide its services in the U.S. Brian Madison, Acquis’ newly appointed managing director for North America, will be responsible for launching Acquis’ specialist insurance services in the U.S. read more

Stonepeak Acquires Textainer for $7.4B

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, entered into a definitive agreement to acquire Textainer Group, a lessor of intermodal containers in a transaction valued at $7.4 billion. read more

ELFF Launches Enhanced Talent Development Programs Through Campus to Career Platform

The Equipment Leasing & Finance Foundation launched Campus to Career, a newly enhanced platform of next generation talent development programs. The foundation also is partnering with Arizona State University to develop a curriculum for a certificate of study in equipment finance. read more

Dext Capital Reaches $1B Mark in New Originations

Dext Capital has reached $1 billion in new originations over its first five years of business operations. read more

Star Hill Financial Adds Turner as VP of Sales

Star Hill Financial added Libby Turner as vice president of sales. Turner will be responsible for increasing Star Hill’s presence in the U.S. equipment finance industry. She will work closely with vendors, manufacturers and end users, offering finance programs that work for all client’s needs. read more

Clarus Capital Increases Lease Financing Facility for Logistics Provider to $40MM

Clarus Capital completed an add-on to an existing equipment lease facility for a multi-sponsor backed specialty logistics services provider, increasing the facility to $40 million. read more

Capteris Closes $15MM Term Loan for Logistics Solutions Provider

Capteris closed a $15 million term loan with a North American logistics solutions provider.  The loan was part of a larger refinancing package.  read more

Verdant Commercial Capital Reaches $2B in Originations Since Inception in 2017

Verdant Commercial Capital has surpassed $2 billion in equipment financing originations since the company’s inception in 2017. This milestone means the company has reached its second billion in half the time it took to reach its first billion. read more

Santander Bank Unifies U.S. Commercial Businesses, Names Lee Head

Santander Bank unified its commercial and industrial business and its commercial real estate, equipment finance and vehicle financing business into one U.S. commercial bank under the leadership of Michael Lee. read more

Banc of California, PacWest Receive Final Regulatory Approval for Merger

The Board of Governors of the Federal Reserve System granted its approval of the previously announced combination of Banc of California and PacWest and their respective bank subsidiaries. read more

Equipment Depot Names Executive and Sales Appointments

Equipment Depot announced executive promotions in the material handling and equipment rental industries to continue the company's aggressive growth strategy nationwide. read more

KBRA: Railcar Asset-Backed Securities Picking Up Speed

According to research by Kroll Bond Rating Agency, primary market volumes for railcar asset-backed securities peaked in 2021, but volumes have fallen significantly over the past two years as the relationship between rising interest rates and asset yields has made refinancing less attractive. read more

October Beige Book Shows Weaker Loan Demand, Modest Price Increases

The Federal Reserve released its October Beige Book, while little to no change in overall economic activity was reported month over month, banks reported weaker loan demand as prices continued to increase. read more

Corbin Advisors Q3 Industrial Sentiment Survey: Investors Less Cautious

Corbin Advisors Industrial Sentiment Survey found less cautious and more neutral investor sentiment despite near-universal expectations for industrial slowdown and elevated concerns on interest rate environment and geopolitical risk. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com