News

Bloom to Expand FGI’s Footprint in Western U.S.

Ronnie Bloom, a managing director at FGI Worldwide, will expand his business development efforts to the western U.S. Bloom will remain involved in Canadian transactions as he develops and nurtures partnerships in California, the Pacific Northwest and Texas. read more

First Citizens Bank Announces New Leadership Structure for Wealth Organization

First Citizens Bank announced a new leadership structure for its wealth organization, as Michael Wilson is assuming additional responsibility for SVB Private, a private banking and wealth management business that came to First Citizens through its acquisition of Silicon Valley Bank. read more

Star Leasing Company Combines with Commercial Trailer Leasing

Star Leasing Company, a provider of trailer leasing and maintenance services, signed an agreement to combine with Commercial Trailer Leasing, a trailer lessor with a fleet size of more than 19,000 assets. Star Leasing also recently combined with North East Trailer Services.  read more

Hyster-Yale Group Expands Partnership with DLL into Canada

Hyster-Yale Group expanded its partnership with DLL into Canada to support its independent dealer network with financial services solutions. DLL and Hyster-Yale Group branded the Canadian partnership Hyster-Yale Financial Services Canada. read more

ABN AMRO Intends to Appoint Vaandrager CFO

The supervisory board of ABN AMRO intends to appoint Ferdinand Vaandrager CFO and member of the executive board for a period of four years, ending at the closing of the company’s annual general meeting in 2027. read more

Vision Financial Group Rebrands as Civista Leasing & Finance, a Division of Civista Bank

Vision Financial Group, also known as VFG Leasing & Finance, which became a Civista Bank company last October, completed its transition from a subsidiary of Civista Bank to a division of the bank and will do business as Civista Leasing & Finance going forward. read more

Commercial Credit Inc. Named Top 40 Mid-Market Company in North Carolina for 11th Straight Year

Commercial Credit Inc., parent company of Commercial Credit Group, Commercial Funding and Keystone Equipment Finance, was named to Business North Carolina’s Mid-Market Fast 40 List for the 11th consecutive year. read more

Aviation Capital Group Closes $500MM Credit Facility to Support Aircraft Financing Business

Aircraft asset manager Aviation Capital Group closed a $500 million secured credit facility in support of its aircraft financing solutions business. BNP Paribas and Société Générale structured the facility. read more

Commercial Chapter 11 Bankruptcy Filings Increase 54% Y/Y in August

There were 634 commercial Chapter 11 filings registered in August, an increase of 54% from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy. read more

Baker Hughes and Tellurian to Supply Equipment for Liquified Natural Gas Project

Natural gas company Tellurian and Baker Hughes entered an agreement to supply eight main refrigerant compression packages for phase one of the Driftwood LNG (liquefied natural gas) project in Louisiana. read more

Five Star Bank Adds San Francisco Bay Area Commercial Banking Team

Five Star Bancorp and its wholly-owned subsidiary, Five Star Bank, hired a new commercial banking team in San Francisco, adding to its existing team of Bay Area professionals led by DJ Kurtze, Five Star Bank’s San Francisco Bay Area region president. read more

Great Rock Capital Adds Sundal as Senior Originator in Southeast Market

Scott Sundal has joined Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, as a managing director of originations. read more

Crown Partners Adds Anderson as Managing Director

Justin Anderson joined Crown Partners, a capital markets advisor focused exclusively on asset-based financing in the middle market, as a managing director. read more

ISM: Manufacturing Contracts for 10th Consecutive Month in August

Economic activity in the manufacturing sector contracted in August for the 10th consecutive month following a 28-month period of growth, according to the ISM.  read more

Taggr Partners with Ramirent for Intelligent Equipment Service 

Taggr will provide its asset intelligence services to Ramirent, granting access to vital information about its equipment fleet that previously has been difficult or impossible to obtain. 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