The California Department of Financial Protection and Innovation (DFPI) announced that it has ordered Florida-based Navitas Credit Corp. (Navitas) to pay a $4 million penalty for carrying out unlicensed lending activities – a violation of the...
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June 12, 2026, 07:15 AM
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Pinnacle Financial Partners has named David Merzazada office leader for its new Leesburg office, further expanding the firm’s presence in Northern Virginia and the National Capital Region.Merzazada brings nearly two decades of experience in banking...
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June 12, 2026, 07:12 AM
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New equipment demand continues to be buoyed by materially improved spot and contract rates, driven largely by the rapid shift in driver supply, as published in the latest release of the ACT Research North American Commercial Vehicle OUTLOOK.“Class 8...
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June 12, 2026, 07:10 AM
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Wafra Inc. announced that investment funds advised by Wafra have entered into a definitive agreement to acquire Navitas Credit Corp. from United Community Bank, a wholly-owned subsidiary of United Community Banks Inc. for approximately $1.9 billion...
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June 15, 2026, 07:15 AM
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Compeer Financial is teaming up with PepsiCo and other industry partners to offer a pilot leasing program for strip-till equipment, helping offset upfront financial costs for farmers implementing soil conservation practices on their farms. Through...
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June 12, 2026, 07:14 AM
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Peapack-Gladstone Financial Corp. and Peapack Private Bank & Trust are pleased to announce the appointment of Michael Mehosky as Senior Managing Director, National Sales Manager of Peapack Capital, the Company’s equipment finance and leasing...
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June 11, 2026, 07:15 AM
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First Financial Bank has announced the launch of a dedicated solution, to be supported by First Financial Equipment Finance, designed to deliver specialized financing solutions for the middle market independent lessor market. The solution will...
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June 08, 2026, 07:15 AM
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Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, announced it has secured $275 million in active working capital facilities for small and mid-sized businesses across the U.S. since launching in 2022. The cumulative figure spans 126...
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June 12, 2026, 07:10 AM
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The NFIB Small Business Optimism Index fell 0.6 points in May to 95.3, remaining below its 52-year average of 98.0. The Uncertainty Index rose 3 points from April to 91, remaining well above its historical average of 68.As reported in NFIB’s monthly...
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June 10, 2026, 07:09 AM
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The Certified Lease & Finance Professional (CLFP) Foundation has welcomed its newest class of CLFPs: 21 industry professionals who have demonstrated mastery of the equipment finance body of knowledge by passing the rigorous CLFP Exam. Representing...
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June 08, 2026, 07:13 AM
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