Channel Related Content

Channel Promotes Dood to Northeast Regional Sales Manager

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

Channel Secures $75MM Credit Facility from Truist

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

Channel Makes Inc. 5000 for 10th-Straight Year

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

ELFA Provides Resources About Enhanced Financial Disclosure Requirements

With commercial financing disclosure requirements taking effect in various states this year, the Equipment Leasing and Finance Association is providing multiple resources for members and updates on the activity of its state advocacy team. read more

ELFA: June New Business Volume Down 1% Y/Y, Up 10% M/M

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for June was $10.3 billion, down 1% year over year from June 2021 and up 10% from $9.4 billion in May. read more

Channel Closes $163MM Equipment Finance Securitization

Channel completed its first equipment finance securitization, a $163 million issuance of asset-backed notes collateralized by a diverse portfolio of equipment receivables. read more

Channel Adds Kramer to Business Development Team

Channel hired Alecia Kramer as vice president of business development in the western United States. In her role, Kramer will be responsible for identifying and fostering partner relationships that drive the implementation of Channel’s equipment finance and working capital products. read more

Channel’s Blakely-Cook, Brockman and Knobbe Earn CLFP Designation

Three team members at Channel recently passed the eight-hour online Certified Lease & Finance Professional exam, including Jean Blakely-Cook, Jodi Brockman and Joe Knobbe.  read more

Channel Hires Zucchi as VP of Sales

Channel hired Elena Zucchi as vice president of sales. Zucchi will be responsible for establishing, developing and growing partner relationships and sales team leadership for Channel across the central U.S. region. read more

Channel Closes First Securitization at $105MM

Channel completed its first securitization, a $105 million issuance of asset-backed notes collateralized by small business loans and advances across a range of industries. read more

Channel Expands Team by Hiring Frasse, Ritter and Dallmann

Channel hired Carl Frasse as vice president of business development in the east region, Lee Ritter as director of sales in the west region and Abby Dallmann as an underwriting analyst for equipment finance. read more

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