Channel appointed Rob Ceribelli to the role of president. Ceribelli will spearhead daily operations, streamline processes, optimize resources and implement strategies to boost overall efficiency and profitability. He will steer the control framework, oversee operational rhythm and ensure the company meets its objectives. read more
MAR 21, 2024 - 6:23 am
Channel hired Bob Stark as chief syndication officer and Jackie Boos as director of syndication sales. Previously, Stark served as the senior managing director of capital markets and corporate development at TCF Equipment Finance, now Huntington Bank, for more than 22 years, while Boos has 21 years of experience gained from roles at TCF Equipment Finance/Huntington Bank. read more
FEB 22, 2024 - 6:45 am
Channel hired Rob Ceribelli as chief revenue and innovation officer. Ceribelli has more than 34 years of financial services leadership experience and a background that spans finance, sales, marketing, operations and general management. His career started at GE Capital, followed by 20 years with DLL. read more
DEC 6, 2023 - 6:57 am
Channel completed a second equipment finance securitization, a $190 million issuance of asset-backed notes collateralized by a portfolio of equipment receivables. The notes consist of four classes, rated AA (sf), A (sf), BBB (sf) and BB+ (sf) by Kroll Bond Rating Agency. read more
NOV 20, 2023 - 6:58 am
Channel appointed Alecia Kramer senior vice president of sales for the western U.S. region. In her new role, Kramer will establish, develop and propel partner relationships forward while also spearheading the sales team's strategic focus and growth initiatives. read more
NOV 15, 2023 - 7:15 am
Members of the Equipment Leasing and Finance Association’s communications committee led an informative discussion on issues around implementing AI during the association’s recent webinar, “AI for Marketers: Embracing Analytics and Creativity.” read more
OCT 9, 2023 - 7:10 am
The Equipment Leasing and Finance Association will host a webinar on Sept. 28 to address the use of artificial intelligence for marketers. read more
SEP 14, 2023 - 7:15 am
Channel earned a spot on the Inc. 5000, Inc.’s annual list of fastest growing private businesses in the U.S., for the 11th consecutive year. read more
AUG 29, 2023 - 7:08 am
Many equipment finance companies have started offering working capital loans as an accompaniment to equipment finance products. Monitor sat down with Adam Peterson, managing director at Channel, to discuss the benefits of offering working capital solutions as an equipment finance company.... read more
Monitor 100 2023
Channel, a lender specializing in equipment finance and working capital, completed its third working capital backed securitization, a significant milestone for the company. The $85 million issuance of asset-backed notes is collateralized by small business loans and advances across a wide range of industries. read more
JUL 10, 2023 - 7:12 am
Channel has been honored as a Star Tribune Top 200 Workplace, ranking fifth among the midsize Minnesota companies list for the second consecutive year. read more
JUL 5, 2023 - 7:15 am
Channel promoted Parker Dood, CLFP, to regional sales manager for the Northeast. Dood joined Channel in 2022 as a senior sales and customer advocate. Before Channel, Dood was a senior finance representative at Flex Financial, a division of Stryker. read more
JUN 6, 2023 - 7:05 am
Channel entered into a new $75 million credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations. read more
APR 25, 2023 - 7:16 am
Channel earned a place on the Inc. 5000 Annual List of The Fastest-Growing Private Companies in America for a 10th consecutive year. Just under 45,000 companies have been named to the list since it began in 1982, of which only 90 have appeared 10 or more times. read more
AUG 31, 2022 - 7:16 am