Today’s News

CNH Finance Acquires Triumph Healthcare Finance

CNH Finance expanded its national commercial healthcare lending capabilities with the acquisition of Triumph Healthcare Finance, a division of TBK Bank. read more

Pawnee Leasing Adds Business Development Manager

Pawnee Leasing named Dana Freeman as an additional business development manager. read more

Santander Provides $38.5MM Financing to Cold Carriers

Santander Bank closed a $38.5 million senior secured equipment and revolving line of credit with Cold Carriers, a refrigerated transportation company. read more

Survey: Most Companies Unprepared to Adopt New Leasing Standard

According to Accounting Today, citing a new survey by Deloitte, most companies are still unprepared to adopt the new lease accounting standard. read more

Elliott Aviation Adds Citation Excel to Charter Fleet

Elliott Aviation added a Citation Excel to their charter fleet based in Eden Prairie, MN. read more

Prestige Passes $100MM in Committments For SME Lending Fund

Prestige Funds announced its Commercial Finance Opportunities Fund has passed $100 million in assets. read more

Gordon Brothers to Sell Assets of Triad Racing Technologies

Global advisory, restructuring and investment firm Gordon Brothers has been engaged by Triad Racing Technologies to sell the assets associated with it race engine shop located in Mooresville, NC. read more

ATA: Truckload Turnover Rate Sinks in Final Quarter of 2017

American Trucking Associations Chief Economist Bob Costello said the driver turnover rate at truckload carriers fell in the final three months of 2017, but the rate stayed higher than in the previous year. read more

Stonebriar Commercial Finance Adds Siler as Data Systems Manager

Steven A. Siler joined Stonebriar Commercial Finance as data systems manager. Siler will manage the customer relationship management and project management systems based on the architecture. read more

Crestmark Closes 18 Transactions Totaling $25.7MM in H1/March

Crestmark closed a total of $25.675 million in financial solutions for 16 new clients in the first half of March 2018. read more

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