Gordon Brothers, the global advisory, restructuring and investment firm, will sell private treaty machinery and equipment from four plants in the Canary Islands formerly leased by the firm to José Sánchez Peñate, a Spanish food products manufacturer and distributor. read more

FEB 3, 2023 - 7:13 am

Bridge Bank's capital finance group hired Glenn Burroughs as senior vice president of business development in Seattle, Ari Kaplan as senior vice president and regional manager in Chicago and Matthew Trusiak as assistant vice president and regional manager in Las Vegas. read more

FEB 3, 2023 - 7:11 am

First Citizens Bank's real estate finance group, part of the CIT division, served as lead arranger on $65.7 million in financing to MainStreet Property Group for the development of The Spark Apartments, a 211-unit, Class A multifamily project in Redmond, WA. read more

FEB 3, 2023 - 7:09 am

Celtic Capital entered into a client relationship with an Arizona- based company that designs and manufactures a complete range of archery equipment for all segments of the sport. The company had broken covenants with its bank and was seeking replacement financing. read more

FEB 3, 2023 - 7:07 am

The Federal Reserve announced that it will raise the target range for the federal funds rate to between 4.5% and 4.75%, marking a quarter point increase. The move was less drastic than its seven rate increases in 2022, with all but one of those lifting rates by three quarters of a point. read more

FEB 2, 2023 - 7:10 am

Clarus Capital completed a new $15 million lease facility for a sponsor-backed aerospace components manufacturer. Financing proceeds will support the acquisition of essential use production equipment to meet new contract growth. read more

FEB 2, 2023 - 7:08 am

BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank, completed the acquisition of Bank of the West from BNP Paribas. read more

FEB 2, 2023 - 7:06 am

Larry LaChance, CLFP, president of Bankers Capital and a board member of the Certified Lease & Finance Professional Foundation, passed away in January, according to a report from Leasing News. read more

FEB 2, 2023 - 7:04 am

American Community Bank & Trust hired Jeff Armstrong as senior vice president of commercial banking. Armstrong brings 30 years of commercial banking expertise to the bank's Chicago-based commercial lending team. read more

FEB 2, 2023 - 7:02 am

NFS Leasing provided a multi-million dollar finance solution to Ziosk, the creator of an entertainment, ordering and pay-on-demand platform for restaurants. read more

FEB 2, 2023 - 7:00 am

First American Equipment Finance announced it earned the 2023 Top Workplaces USA award, issued by Energage. This is First American’s third time being name to this nationwide list. This year, it came in at No. 6.  read more

FEB 2, 2023 - 6:57 am

AerCap delivered its 50th 737-800 Boeing Converted Freighter. The aircraft was redelivered to GOL Linhas Aéreas, which will operate the aircraft on behalf of a Latin American e-commerce company. read more

FEB 2, 2023 - 6:55 am

Capteris Capital, an equipment finance company supported by the capabilities of Wheels Donlen LeasePlan and MidCap Financial, closed on $14.1 million in equipment assets, facilitating the merger of two middle-market companies in the natural gas industry. read more

FEB 1, 2023 - 7:18 am

The Equipment Leasing & Finance Foundation is now accepting applications for its scholarship program for the 2023-2024 academic year. Up to five scholarships of $5,000 each will be awarded to full-time undergraduate or full-time graduate students interested in pursuing a career in the equipment finance industry. read more

FEB 1, 2023 - 7:16 am

Ritchie Bros. will showcase its growing list of insights, services and transaction solutions at CONEXPO-CON/AGG, an equipment tradeshow in North America to be held in March in Las Vegas. read more

FEB 1, 2023 - 7:15 am