Financial Partners Group appointed Jon McBride senior vice president of sales for hard assets. McBride will play a part in expanding the company’s presence in commercial financing, working capital loans and equipment vendor financing. read more

JAN 26, 2024 - 6:40 am

MidFirst Business Credit recently provided a working capital facility to Custom Equipment, a designer and manufacturer of scissor lifts that can accommodate various end-user environments. read more

JAN 26, 2024 - 6:39 am

Capteris, a provider of mid- and large-ticket equipment finance solutions, closed a $15 million finance lease line for a national healthcare provider in the U.S. read more

JAN 26, 2024 - 6:37 am

Bill Stephenson, global CEO of PEAC Solutions, will deliver a keynote address for STRIPES Leadership Program’s upcoming certification ceremony on Feb. 6 in which STRIPES will graduate its fourth cohort of equipment finance leaders. read more

JAN 25, 2024 - 6:54 am

Key Equipment Finance promoted Shawn Arnone to managing director and head of its capital markets group. Arnone has been with Key Equipment Finance for nearly a decade, most recently as group head of the firm’s manufacturer and government alliances business division. read more

JAN 25, 2024 - 6:53 am

Equipment finance company Targeted Lending closed a $50 million credit facility with Wells Fargo Capital Finance. The team at Targeted Lending been tailoring solutions for the equipment finance industry for more than 25 years. read more

JAN 25, 2024 - 6:51 am

Commercial equipment and aviation finance provider First National Capital provided a $35 million debt refinance facility to an upstream oil and gas, machining and forging company. read more

JAN 25, 2024 - 6:50 am

Vertical flight solutions provider Bristow Group entered into a new 12-year secured equipment financing for an aggregate amount up to £55 million ($70 million) with a syndicate of banks led by National Westminster Bank. read more

JAN 25, 2024 - 6:49 am

Blank Rome promoted five of its attorneys to new leadership roles, including appointing Regina Stango Kelbon business department co-chair, Matthew J. Comisky Philadelphia office co-chair and William J. Dorsey vice practice group leader of the corporate litigation group. read more

JAN 25, 2024 - 6:47 am

Law firm Otterbourg promoted Michael Rich to member of the firm. Rich began his career at Otterbourg and has been an associate in the firm’s banking and finance department for the past eight years. read more

JAN 25, 2024 - 6:46 am

Final December 2023 Class 8 truck net orders in the U.S., at 26,352 units, were down 14% year over year, according to ACT Research. Within that top line, tractor orders were down 31%, while vocational equipment orders were up 71% year over year. read more

JAN 25, 2024 - 6:44 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for December was $12.5 billion, up 2% year over year, while cumulative new business volume for 2023 was up 3.9% compared to 2022. read more

JAN 24, 2024 - 6:50 am

Varilease Finance (dba VFI Corporate Finance), a finance firm that specializes in equipment and project financing, closed its second asset-backed securitization in the fourth quarter of 2023. read more

JAN 24, 2024 - 6:48 am

FTI Consulting’s 2024 Leveraged Loan Market Survey found that cautious optimism prevails among lenders after a challenging year, with 45% of respondents believing that the probability of a U.S. recession is minor compared to last year when only 29% had such a view. read more

JAN 24, 2024 - 6:47 am

In 2023, student devices and security equipment topped the school equipment categories TEQlease Education Finance leased and financed for K-12 and other U.S. schools. read more

JAN 24, 2024 - 6:45 am