Last Week’s Top Stories

F.N.B. Hires Mitchell as EVP of Capital Markets and Specialty Finance

F.N.B. Corporation hired D. Bryant Mitchell as executive vice president of its capital markets and specialty finance businesses. Mitchell previously worked with PNC Financial Services Group. read more

Siemens Financial, Fluence Launch Financing Program for Energy Storage

Siemens Financial Services and Fluence, a Siemens and AES company, announced a comprehensive financing program to support customers in their investments in energy storage solutions. read more

Affiliated Financial Services Originates $400MM in 2017

Affiliated Financial Services celebrated its 25th anniversary in 2017 by originating more than $400 million in new equipment and real estate loans. read more

Hitachi Business Finance Provides Nearly $140MM in 2017

Hitachi Business Finance provided a record $139 million in working capital financing to companies of all sizes across the U.S. in 2017. read more

Crestmark Acquired by Meta Financial Group

Meta Financial has reached an agreement to acquire Crestmark Bancorp, the holding company for Crestmark Bank in an all-stock transaction. read more

Stonebriar Commercial Finance Closes $20MM Turn-Key Facility Lease

Stonebriar Commercial Finance closed a $20 million sale and leaseback with a private equity sponsored global leader in specialty chemical manufacturing. read more

Midland States Adds Van Etten to Lead Rebranded Equipment Finance Unit

Fred Van Etten joined Midland States Bancorp as president of the company’s equipment finance business. Van Etten joined Midland from Scottrade Financial Services. read more

Ascentium Capital Exceeds $1B in Funded Volume During 2017

Ascentium Capital surpassed $1 billion in annual funded volume in 2017 for the first time in the organization's history. read more

Top Five Woodworking Equip Lenders Account for 67.2% of November Total

The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 64 woodworking equipment related filings during the month of November 2017. read more

FASB Proposes Improvements to Lease Standard Implementation

FASB issued a proposed accounting standard update intended to reduce costs and ease implementation of the leases standard for financial statement preparers. read more

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