McGrath RentCorp, a business-to-business rental company in North America, acquired the assets of Brekke Storage, a regional provider of portable storage solutions in the Colorado market. read more
MAR 3, 2023 - 7:01 am
According to ACT Research, preliminary North American Class 8 net orders in February were 23,600 units, up 13% year over year and 27% month to month, while Classes 5-7 net orders were 17,500 units. read more
MAR 3, 2023 - 6:59 am
According to Solifi’s 2023 Global Leasing Report, there was a promising 9.3% increase in new business volume in the leasing industry in 2021. The report also showed the leasing industry has grown 84% in the past decade. read more
MAR 2, 2023 - 7:25 am
Standard & Poor’s Global Ratings placed the notes issued in two of Global Jet Capital’s asset-backed security transactions on CreditWatch with positive implications. read more
MAR 2, 2023 - 7:23 am
Honour Capital provided $10 million in fair market value financing to a multi-state company that provides consulting services related to real estate, energy, infrastructure and environmental management issues. read more
MAR 2, 2023 - 7:22 am
United Capital Funding Group recently provided a $3 million accounts receivable facility to a Tennessee-based commercial printing company in partnership with KLC Financial, which issued a $275,000 equipment loan to the client. read more
MAR 2, 2023 - 7:20 am
CDB Aviation announced the final delivery of a new Boeing 737 MAX 8 aircraft in a series of five deliveries contracted as part of a sale and leaseback transaction with Oman Air, the national airline of the Sultanate of Oman. read more
MAR 2, 2023 - 7:18 am
First Citizens Bank celebrated its 125th year in business on March 1. The company will recognize the milestone throughout the year. read more
MAR 2, 2023 - 7:13 am
According to ACT Research, used Class 8 retail volumes (same dealer sales) increased 12% month to month in January. Average mileage increased 8% month to month, with average price down 7% and age up 1%. read more
MAR 2, 2023 - 7:11 am
Mark Crawley joined Medalist Partners, an alternative investment management firm focused on asset-based private credit and structured credit, as a private credit sector manager. read more
MAR 2, 2023 - 7:09 am
United Community Banks promoted Mike Bruman to CEO of its subsidiary, Navitas Credit. Bruman is succeeding Navitas founder and CEO Gary Shivers, who officially retired on Feb. 28. read more
MAR 1, 2023 - 7:18 am
Verdant Commercial Capital recorded $551 million in originations in 2022, an increase of 42% over 2021. read more
MAR 1, 2023 - 7:17 am
Castlelake, an alternative investment manager, fully repaid Castlelake Aircraft Securitization Trust 2015-1R, an aircraft-backed securitization originally issued by Castlelake in 2015 and refinanced in 2019. read more
MAR 1, 2023 - 7:15 am
The Forbes Finance Council, an invitation-only community for financial services leaders, accepted John-Paul Smolenski, president and CEO of MMP Capital. read more
MAR 1, 2023 - 7:13 am
Alan Mangels joined Aviation Capital Group as vice president of marketing. Mangels was previously with CDB Aviation and also spent multiple years at Rolls-Royce and Airbus. Mangels will be responsible for covering the North American region. read more
MAR 1, 2023 - 7:11 am