Last Week’s Top Stories

Marlin Acquires Fleet Financing Resources

Bank holding company Marlin Business Services acquired Fleet Financing Resources, a specialty lender with a foundation in transportation equipment financing. read more

Petro to Lead Waterfall Specialty Commercial Finance Group

Waterfall Asset Management launched its Specialty Commercial Finance Group SCFG led by Andrea Petro to provide high yield senior secured debt to specialty commercial finance companies. read more

CEFL, PROVEN Financial Join to Create Canadian Equipment Finance

Canadian Equipment Finance & Leasing and PROVEN Financial are launching a joint venture, which will operate under the brand name Canadian Equipment Finance. read more

BB&T Announces Fintech Investment in Enigma

BB&T announced a $5 million investment in Enigma, which represents its first outlay of a $50 million fintech commitment. read more

First National Capital Opens San Diego Office

First National Capital opened a new office in San Diego led by Brian Crogan, vice president of Sales. read more

North Star Leasing Makes Four New Hires, Promotes Three

North Star Leasing added Jay Condor, Scott Goodwin and Justin Ward to its Sales team and Rachel Montross to its Funding & Accounting team. Susan Stevens was promoted to broker relationship manager, Alex Dean is now Syndication manager and Kit Antinozzi is now a member of the Documentation team. read more

Stearns Breaking Ground to Accommodate Equipment Leasing Growth

Stearns Bank will soon break ground on an 11,000 square-foot addition to its Equipment Finance division in Albany,MN to accommodate growing operations. read more

Former VP of Doosan Infracore Financial Solutions Joins Invigors EMEA

Frans Jansen joined the asset finance consulting and services firm Invigors EMEA, the European arm of The Alta Group, as senior consultant in The Netherlands. read more

SEC Charges Citigroup for Dark Pool Misrepresentations

The Securities and Exchange Commission entered an order finding that Citigroup Global Markets misled users of a dark pool operated by one of its affiliates. read more

Encina Provides $12.5MM Equipment Lease to Coal Mining Company

Encina Equipment Finance provided a $12.5 million equipment lease to a coal mining company. read more

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