ENGS Commercial Finance achieved record-breaking originations of $222 million in Q4/19, a 44% quarterly increase from Q4/18. read more
JAN 21, 2020 - 7:00 am
There has been a flurry of M&A activity recently as large banks and captives have snapped up successful independents. Dale Kluga, President, Providence Equipment Finance, (formerly of Cobra Capital) looks at his own journey from independent to bank-owned and asks other executives from independents and former independents about their own evolutionary experience.... read more
October 2019
Many of our Top Independents this year are returning champions in the business, but that doesn’t mean any of them plan on resting on their laurels any time soon. New technology, new industry startups and the possibility of slowing growth mean all five of our best performing independents have had a busy 2018, along with plenty of plans for 2019 and beyond.... read more
March/April 2019
ENGS Commercial Finance closed on the sale of all shares of ENGS to Mitsubishi UFJ Lease & Finance Company Limited. read more
DEC 5, 2018 - 6:45 am
ENGS Commercial Finance entered into an agreement to sell all shares of ENGS to Mitsubishi UFJ Lease & Finance Company. read more
OCT 29, 2018 - 7:00 am
In an exclusive Monitor roundtable, the leaders of the top five private independent equipment finance companies discuss how their teams rose to face the challenges of 2017. They discuss the increasing importance of technology in their businesses and share their views on the stock market correction, tax reform and how to attract top talent.... read more
March/April 2018
ENGS Commercial Finance reached a significant milestone of funding $113 million in Q1/2018, representing 33% year-over-year growth, the highest origination quarter in the company’s history. read more
APR 11, 2018 - 6:52 am
ENGS Commercial Finance reached a significant milestone, processing more 100,000 credit applications since June 2013, when the company began tracking the number of applications received. read more
MAR 22, 2018 - 7:22 am
ENGS Commercial Finance launched a new interactive website and logo as part of a rebranding effort. read more
DEC 8, 2017 - 5:10 am
ENGS Commercial Finance was recognized as one of Chicago’s most dynamic and industry leading businesses as part of the Chicago Tribune’s and Better Business Bureau’s Top Workplaces for 2017. read more
NOV 28, 2017 - 6:15 am
In a Monitor Q&A, leaders from the top five private independent equipment finance companies discuss the challenges and opportunities they encountered in 2016, their strategies for staying competitive and their outlook for the year ahead.... read more
March/April 2017
The Alta Group served as financial advisor to Connext Financial in its acquisition by Engs Commercial Finance. It was the fourth equipment finance company acquisition of 2016 that Alta has played a part in. read more
OCT 6, 2016 - 6:52 am
Engs Commercial Finance and Connext Financial entered into definitive agreement under which Engs acquired all the outstanding shares of Connext. read more
OCT 4, 2016 - 7:01 am