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Key EF, 36th Street Enter Lease Financing Agreement with Corsa Coal

Corsa Coal entered into a $25 million senior secured revolver with KeyBank. The company concurrently entered into a lease financing agreement with Key Equipment Finance and 36th Street Capital. read more

Malcolm C. Lindquist, Former ELFA Legal Committee Member, Passes Away

Malcolm C. Lindquist, a former member of the ELFA Legal Committee and an active participant in the ELFA Legal Forum, passed away on Sunday, August 4, after losing a courageous battle with cancer. read more

Stonebriar Amends $1B Revolver with Bank of America

Commercial finance company Stonebriar Commercial Finance extended and amended certain terms of its existing $1 billion revolver with Bank of America as agent on the facility. read more

CIT to Acquire Mutual of Omaha Bank

CIT Group and Mutual of Omaha signed a definitive agreement for CIT Bank to acquire Mutual’s savings bank subsidiary, Mutual of Omaha Bank, for a purchase price of $1 billion. read more

GE Capital Vet Farlin Joins LEAF as VP/Business Unit Head

Equipment leasing and finance company LEAF Commercial Capital hired Mark Farlin as vice president of Sales, business unit head for Healthcare. read more

Ritchie Bros. Reports Q2/2019 Results, Names Interim Co-CEOs

Ritchie Bros. Auctioneers reported its results for the three months ended June 30, 2019. Net income attributable to stockholders increased 18% to $54 million year over year. read more

New ELFF Report Examines Trends in U.S. Healthcare Industry

Cost and technology are two key themes underlying virtually every trend and issue impacting the healthcare industry, according to the newest ELFF study, Vertical Market Outlook Series: Healthcare. read more

Smith Joins ENGS Commercial Capital as VP/BDO

ENGS Commercial Capital, a subsidiary of ENGS Commercial Finance, hired Travis Smith as vice president, business development officer. read more

Dext Capital Hires Three to Keep Pace with Growth

Dext Capital hired Priya Arunchalam and Diane Nudelman as contract administration officers and Dawn Welper as a sales associate. read more

Verdant Commercial Capital Signs Program Agreement with Haulotte

Verdant Commercial Capital executed a multi-year vendor program agreement with Haulotte U.S. read more

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