According to Biz2Credit’s Women-Owned Business Study, earnings for small businesses owned by women remained steady in 2023 while average annual revenue for businesses owned by women increased 15.5%. read more
MAR 7, 2024 - 7:00 am
Mike Albert Fleet Solutions appointed Brian Brown chief strategy officer, according to Brown’s LinkedIn account. Brown previously served as the company’s chief operating officer. He has worked for the company since 2012. read more
MAR 7, 2024 - 6:58 am
Wingspire Equipment Finance promoted Jenny Roach to chief operating officer. Roach has been with the company since its inception and previously served as senior vice president of capital markets, playing a role in overseeing the company’s syndication platform. read more
MAR 6, 2024 - 6:36 am
SLR Equipment Finance closed a new $350 million credit facility with Bank of America and Truist Bank to support the growth of its business over the next several years. read more
MAR 6, 2024 - 6:35 am
Trinity Capital committed $50 million in equipment financing to Electric Hydrogen, a manufacturer of electrolyzer systems that produce green hydrogen. read more
MAR 6, 2024 - 6:34 am
Saulsbury Hill Financial, a financial services provider specializing in municipal leasing, electrical vehicle fleet finance and solar-plus-energy-storage financing solutions, selected SuperTRUMP by Ivory Consulting to access structuring techniques for solar-tax-equity structures, including investment tax credits. read more
MAR 6, 2024 - 6:33 am
Synovus Bank named Jonathan O’Connor its chief third-party payments officer and CEO of Maast, an embedded finance provider and wholly-owned subsidiary of the bank. O’Connor previously served as CEO advisor at Deluxe Corporation. read more
MAR 6, 2024 - 6:32 am
Law firm Dorsey & Whitney hired Kate Moore as a partner in the firm’s finance and restructuring group in Phoenix. Moore joined Dorsey & Whitney from Quarles & Brady, where she was a partner and served as the national chair of the firm’s financial services industry team. read more
MAR 6, 2024 - 6:31 am
Equipment Depot, an independently operated material handling and equipment rental source, appointed Ed Schwarz regional vice president of the Northeast region. Most recently, Schwarz served as vice president of sales for marine systems at ABB. read more
MAR 6, 2024 - 6:29 am
First Citizens Bank’s cannabis banking business provided a $1 million working capital line of credit to MC Nutraceuticals, a global supplier of hemp-derived cannabinoids. read more
MAR 6, 2024 - 6:27 am
First Foundation Bank shut down its equipment finance department late last week, according to sources familiar with the matter. According to data provided for the 2023 Monitor 100, the department was made up of 15 employees. read more
MAR 5, 2024 - 6:28 am
GreatAmerica Financial Services appointed Jennie Fisher and Brian Bjella group presidents to lead its team of more than 750 professionals, with Fisher now serving as group president of office equipment and Bjella serving as group president of specialty markets. read more
MAR 5, 2024 - 6:28 am
Commercial Chapter 11 bankruptcy filings climbed 118% year over year in February 2024, with the 822 filings during the month comparing to the 377 filings in February 2023, according to Epiq Bankruptcy. The sizable increase in commercial Chapter 11 filings in February was spurred by a large number of related filings in two large commercial Chapter 11 proceedings. read more
MAR 5, 2024 - 6:28 am
Honour Capital is partnering with Consult Disrupt, a consulting organization formed to support equipment finance organizations with their day-to-day operations and technology-related projects, to assist the company in its journey toward operational and technology transformation. read more
MAR 5, 2024 - 6:28 am
Jupiter Equipment Finance hired Conor McGowan for the newly-created position of director of corporate recruiting. McGowan has experience in high-volume, full-cycle recruiting and success in equipment finance sales and account management. read more
MAR 5, 2024 - 6:28 am