First Citizens Bank’s CIT Commercial Services subsidiary named Don Norman as a vice president and senior portfolio and relationship manager in its western region. Norman will be responsible for managing a portfolio of clients while consistently supporting the company’s overall growth. read more

MAY 13, 2024 - 6:31 am

Western Equipment Finance promoted Ashley Schuster to program manager and Bobbie Rota to senior asset manager. Schuster will focus on managing lawn and tree industry programs; Rota will identify trends, capture data and implement process improvements within asset management. read more

MAY 13, 2024 - 6:31 am

ElmBlue Capital, an equipment finance company founded by industry veterans Jake Broom, Greg Bourdon and Paul Reny, added to its board of directors with renowned industry figures Jim Broom and Chris Broom. read more

MAY 13, 2024 - 6:30 am

AV AirFinance arranged a $240 million loan facility with German Operating Aircraft Leasing (GOAL), which will be secured by four A320neo and two A321neo aircraft. AV AirFinance is acting as servicer on the secured loan facility, which is funded by insurance and other accounts managed by KKR. read more

MAY 13, 2024 - 6:30 am

Wintrust Commercial Finance created a new business group, Commercial Dealer Services. To execute this initiative, the company hired a team of seasoned professionals led by Mike Jones as senior vice president and group head of business development. read more

MAY 10, 2024 - 6:54 am

After 30+ years in equipment finance, with the last 15 years spent at Madison Capital, Donald Blody, credit and collection manager, will retire in May. Madison Capital has hired Anthony Hamm to assume his role. read more

MAY 10, 2024 - 6:54 am

Meridian Bank appointed Christopher E. McDermott to senior vice president, commercial lending. He will join other members of the Meridian commercial lending team in serving business customers in Bucks and Montgomery counties. read more

MAY 10, 2024 - 6:54 am

First Citizens Bank’s healthcare finance business served as lead arranger for a $260 million loan to refinance a portfolio of 12 skilled nursing facilities in Maryland. read more

MAY 10, 2024 - 6:54 am

HALO AirFinance, a joint venture between GA Telesis and Tokyo Century, closed a financing for a Crestone Air Partners-Atalaya Capital Management investment vehicle to acquire two on-lease Airbus A320-200 aircraft that Crestone will manage. read more

MAY 10, 2024 - 6:53 am

GBank Financial Holdings, the parent company for GBank, appointed Scot M. Levine as executive vice president and chief risk officer of GBank, effective April 29, 2024. In this role, Levine will oversee the company’s and bank’s comprehensive risk management framework. read more

MAY 10, 2024 - 6:53 am

Sunwest Bank hired Kevin Cutter as its new senior vice president, regional president leading the Arizona commercial banking division. In this role, Cutter is responsible for the development and coordination of all banking relationships, including profitability, strategic goals and policies. read more

MAY 10, 2024 - 6:53 am

1st Source Bank made the annual Bank Honor Roll by Keefe, Bruyette & Woods (KBW). This marks the sixth consecutive year that the bank has made the list, placing its long-term performance among the top 5% of eligible banks in the United States. read more

MAY 10, 2024 - 6:52 am

90% of small the small business owners surveyed in TD Bank’s 2024 Small Business Survey noted their optimism for the future of their business in the next 12 months, which is up from 80% in 2023 despite the prolonged turbulence in the economic environment. read more

MAY 9, 2024 - 7:07 am

Brian DePonte began a new position as senior vice president, clean energy and renewables at Wintrust Commercial Finance, according to a LinkedIn post from DePonte. Previously, DePonte served in senior vice president positions over a 13-years tenure at Key Equipment Finance. read more

MAY 9, 2024 - 7:06 am

The Equipment Leasing and Finance Association is accepting member nominations for its 2024 Operations & Technology Excellence Award. The deadline to apply is June 17. The winner(s) will be recognized at the 2024 Operations & Technology Conference on Sept. 9 – 11 in Nashville. read more

MAY 9, 2024 - 7:06 am