News

SLIM Capital Reports 16.25% Y/Y Increase in Deal Originations in First Half of 2023

SLIM Capital achieved a year-over-year increase of 16.25% in deal originations during the first half of 2023. Having originated deals exceeding a total value of more than $200 million, SLIM Capital has achieved growth of 6.7% compared to 2022 overall. read more

Inovatec’s Head of Business Development to Moderate Panel at Mobile Payments Conference

Bob Metodiev, head of business development at Inovatec Systems, a provider of cloud-based software solutions for lenders, will serve as moderator of the “Next-Gen Lending and Payments” panel taking place at the Mobile Payments Conference. read more

Equipment Finance Cares’ First Charity Golf Tournament Attracts More Than 100 Industry Professionals

Equipment Finance Cares held its first annual charity golf tournament last week at the Rockland Country Club in Sparkill, NY. More than 100 equipment finance professionals representing 54 different organizations attended the event.   read more

Carver Bancorp Names MacKay Interim President and CEO

The board of directors of Carver Bancorp, the holding company of Carver Federal Savings Bank, unanimously appointed Craig C. MacKay interim president and CEO, effective Oct. 1. read more

eCapital Hires Siska as SVP and Head of Factoring

eCapital hired Thomas Siska as senior vice president and head of factoring. Siska is taking on the responsibility of overseeing operations and spearheading sales for the factoring group in various sectors, with the exception of the specialized transportation segment. read more

Macquarie Equipment Finance Executes Support Agreement with Hut 8 Mining

Hut 8 Mining, a North American digital asset mining and computing infrastructure company, entered into a transaction support agreement with Macquarie Equipment Finance in support of an opportunity to potentially acquire certain assets of Validus Power and Validus' subsidiaries. read more

CNH Industrial Capital Canada Closes $298.46MM Notes Offering

CNH Industrial Capital Canada, a wholly-owned subsidiary of CNH Industrial, completed its previously announced private placement offering of C$400 million ($298.46 million) in aggregate principal amount of 5.5% notes due Aug. 11, 2026, with an issue price of 99.883%. read more

Blackstone Closes Energy Transition Private Credit Fund at $7.1B

Blackstone closed its energy transition credit fund, Blackstone Green Private Credit Fund III (BGREEN III), which closed at its hard cap of $7.1 billion, representing the largest energy transition private credit fund ever raised, according to Blackstone.  read more

US Steel Partners with Google Cloud on Generative AI Technology Applications

U.S. Steel and Google Cloud announced a new collaboration to build applications using Google Cloud’s generative artificial intelligence technology to drive efficiencies and improve employee experiences in iron ore mines in North America. read more

Trucking Industry Forecasts Move Higher Amid Rising Economic Expectations

As economic expectations rise, ACT Research’s forecasts for Classes 5-7, Class 8 and trailer output in 2023 and 2024 moved higher again this month. read more

FIS Earns Top 200 Fintech Company Recognition from CNBC

Financial technology company FIS was recognized on CNBC’s inaugural list of the top 200 global fintech companies. CNBC named FIS a top fintech company in the digital banking solutions category. read more

CASE Construction Equipment and Team Rubicon Expand Partnership for Heavy Equipment Operation Training

CASE Construction Equipment commenced a pilot program earlier this year to support a new initiative with humanitarian organization Team Rubicon to train more volunteers to operate heavy equipment in response to disasters and crises. read more

Textron Aviation Secures Brazilian Certification of Cessna SkyCourier

The National Civil Aviation Authority of Brazil awarded type certification to Textron Aviation’s Cessna SkyCourier twin utility turboprop, paving the way for the aircraft to serve the Brazilian market. read more

Auxilior Capital Partners Promotes Paradis to President and COO

Auxilior Capital Partners promoted René Paradis to president and chief operating officer. Paradis has been serving as Auxilior’s COO since joining the company in May 2022. She will continue in the COO role along with her new position as president. read more

Equify Financial Expands Small-Ticket Dealer and Vendor Program Team

Equify Financial expanded its small-ticket dealer and vendor program equipment finance business by hiring James Weyand and Bryan Anderson as region sales managers while transitioning Katherine Leonard into the role of project coordinator. read more

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