According to a survey from Regions Bank, roughly nine in 10 businesses (89%) are planning to increase investments in a key business area in the next 12 months. By contrast, in a survey in 2020, only 46% of small business owners said they were planning such investments. read more

OCT 6, 2021 - 5:40 am

This year’s ranking of the Monitor’s top 40 players in the vendor channel illustrates an almost even split in performance, with 19 respondents reporting net gains and 21 posting declines. With collective vendor channel originations of $39,958.8 million, the group performed better than many anticipated this time last year with a net decline of 3.2%.... read more

Vol. 48 No. 3 2021

Dext Capital, an Oregon-based independent equipment finance company focused on lending to the medical industry, closed a $25 million corporate revolving credit facility with Regions Bank.  read more

JUN 17, 2021 - 6:25 am

Although Monitor’s Top Private Independents faced many challenges in 2020, the group managed collective volume growth of 9.1% amid the COVID-19 pandemic. With Ascentium Capital out of the running, Stonebriar Commercial Finance seized the crown, while Trans Lease, First National Capital and Kingsbridge catapulted their way into the top five. ... read more

May 2021

Monitor checks in with leaders from two banks that provide capital to equipment finance companies. They talk about the biggest challenges their clients faced in 2020 and what it takes to get a deal done in today’s environment. ... read more

May 2021

M&A activity almost came to a halt in 2020, but 2021 has kicked off with a flurry of activity. James Jackson reviews the notable transactions of the last year and says future economic indicators point to continued M&A activity in 2021 as well as strong valuations of quality equipment finance companies.... read more

May 2021

Forbes named Amala Duggirala, chief operations and technology officer of Regions Bank, to its inaugural ‘CIO Next 2021’ list, which highlighted top technology executives who are redefining the role of a chief information officer as they deliver innovations for customers. read more

MAY 14, 2021 - 7:20 am

American Banker named Ashley Garrison, executive vice president and head of human resources operations for Regions Bank, a Most Powerful Women in Banking: Next award recipient. read more

MAY 10, 2021 - 6:40 am

Caroline Taylor joined Regions Bank’s corporate banking group as senior vice president and head of Small Business Administration lending. Before joining Regions Bank, Taylor served as national head of SBA lending and small business credit underwriting director at Capital One. read more

APR 2, 2021 - 6:13 am

Ascentium Capital completed $1.25 billion in annual funded volume in 2020. The company ended 2020 with $2.6 billion in managed assets, representing 8.3% growth in assets year-over-year. read more

FEB 4, 2021 - 6:59 am

Regions Bank closed a $75 million bi-lateral asset-backed facility for Dext Capital, providing financing for commercial equipment loans and leases. read more

OCT 6, 2020 - 7:26 am

Regions Bank named Paula Drake executive vice president and chief communications officer. Drake will lead the bank’s corporate communications team responsible for internal and external communications, market public relations, content publishing, and video production. read more

AUG 4, 2020 - 6:57 am

Ascentium Capital reported Q2/20 funding volume of $255.0 million, with year-to-date funding volume of $620.5 million. This enabled the company to achieve a new portfolio milestone, reaching $2.5 billion in managed assets. read more

JUL 22, 2020 - 7:15 am

Monitor will host a free virtual event on May 20 featuring moderator Vince Belcastro and panelists David Normandin, Miles Herman and Tom Depping who will discuss what lies ahead for the equipment finance industry. read more

MAY 12, 2020 - 7:05 am

Ryder System entered into a new 364-day unsecured syndicated term loan totaling $400 million with a syndicate of eight large financial institutions led by Bank of America as administrative agent. read more

APR 3, 2020 - 6:35 am