First Citizens Bank’s CIT Commercial Services subsidiary completed a $6.5 million credit facility for a California-based home furnishings and apparel importer. read more

AUG 22, 2023 - 6:19 am

Encina Lender Finance closed $360 million in funding commitments from nine banks. read more

AUG 22, 2023 - 6:18 am

Commercial Capital Company, a provider of equipment finance solutions for small businesses, appointed Jonathan Yount chief operating officer. Yount will be responsible for developing growth strategies and overseeing the company's day-to-day operations. read more

AUG 21, 2023 - 7:06 am

First Financial Leasing and Finance appointed Tim Fitzpatrick CEO. Fitzpatrick succeeded Lucinda S. Watson, the company’s owner, who will assume the role of vice president. read more

AUG 21, 2023 - 7:04 am

The Certified Lease & Finance Professional Foundation reported that 17 individuals recently passed the eight-hour, online proctored CLFP exam. read more

AUG 21, 2023 - 7:02 am

First Citizens Bank’s middle-market banking business named Tony Hurtado a relationship manager dedicated to cultivating business in Orange County, CA. Prior to joining First Citizens, Hurtado was a vice president and senior relationship manager at Sunwest Bank. read more

AUG 21, 2023 - 7:00 am

Peapack-Gladstone Financial and Peapack-Gladstone Bank announced several promotions and hired Lisa Brandi as managing director and treasury and client service officer for Peapack Private. read more

AUG 21, 2023 - 6:58 am

Comerica Bank launched Comerica Maximize, a new solution that allows qualifying small business and business banking customers to earn interest income while growing and protecting their businesses with treasury services. read more

AUG 21, 2023 - 6:57 am

US Med-Equip, a provider of on-demand medical equipment solutions, earned a spot on the Inc. 5000 for the 11th time. The Inc. 5000 recognizes the fastest-growing privately held companies in the U.S.  based on revenue over the prior three years. read more

AUG 21, 2023 - 6:53 am

On continued strong build rates and seasonally weak order volumes, July’s North American Class 8 backlog fell by 11,632 units to 163,576 units, according to ACT Research, which noted that at 5.9 months, the nominal backlog-to-build ratio remains comfortably healthy. read more

AUG 21, 2023 - 6:51 am

The Equipment Leasing and Finance Association announced that Oakmont Capital Services is the recipient of the 2023 Operations and Technology Excellence Award. The company’s award-winning project will be showcased during the ELFA’s Operations & Technology Conference in September. read more

AUG 18, 2023 - 6:51 am

LTi Technology Solutions announced an ongoing technology partnership and collaboration with Modern Rail Capital, which moved from LTI’s LeasePlus platform to ASPIRE, LTi’s cloud lease and loan technology platform. read more

AUG 18, 2023 - 6:50 am

Grant Thornton, an audit, tax and advisory firm, appointed Andrea Schulz to lead its technology practice and Russell Norris to lead its transportation industry practice. The firm also named seven new market managing partners and principles. read more

AUG 18, 2023 - 6:48 am

Maxim Crane Works, a provider of heavy-lift equipment rental services in the U.S., priced an aggregate principal amount of $500 million of 11.5% second-priority senior secured notes due 2028. read more

AUG 18, 2023 - 6:45 am

Ritchie Bros. Auctioneers, a subsidiary of RB Global, sold nearly $44 million of equipment for WB Pipeline in an auction on Aug. 9 in Splendora, TX. The auction was part of a strategic downsizing initiative for WB Pipeline, which will continue to serve its clients.  read more

AUG 18, 2023 - 6:44 am