Midway through the year, the outlook for a soft landing has strengthened, driven by easing inflation and a robust labor market, according to the Q3 update of the 2024 Equipment Leasing & Finance U.S. Economic Outlook. Real equipment and software...
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July 17, 2024, 07:22 AM
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Gordon Brothers, the global asset experts, has expanded the firm’s leasing and lending teams.As part of this expansion, Elijah Kaplan, Managing Director, Lending, and Steve Sanders, Managing Director, Equipment Finance, Eastern Region, have recently...
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July 17, 2024, 07:20 AM
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First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $40 million revolving credit facility to B&W Fiber Glass Inc., a distributor of fiber glass and manufacturer of...
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July 17, 2024, 07:18 AM
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Utica Equipment Finance announced the completion of a transaction totaling $4,900,000 in the second week of July.
The $4,900,000 capital lease for a customer from California, focused on the development and manufacturing of electric vehicles. This...
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July 17, 2024, 07:16 AM
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Capteris LLC announces the closing of a $22.5 million loan for an inland freight marine company. The loan was part of a larger refinance transaction and secured by existing vessels. The company selected lenders who knew their industry and could...
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July 17, 2024, 07:10 AM
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Ivory Consulting Corporation, a provider of equipment lease and loan pricing software, asset management software, software customizations, and consulting services for the equipment finance industry, announced Pinnacle Bank has selected SuperTRUMP to...
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July 17, 2024, 07:05 AM
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Clarus Capital (Clarus) announced the successful completion of a new $6 million loan facility for a sponsor-backed, tech-enabled business services provider. Funding proceeds will be used to acquire material handling equipment and finance critical...
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July 17, 2024, 07:00 AM
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Eastern Bankshares, Inc., the stock holding company for Eastern Bank, announced the closing of its merger with Cambridge Bancorp, the parent company of Cambridge Trust Company. The all-stock transaction was originally announced on Sept. 19, 2023.“We...
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July 16, 2024, 07:20 AM
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The Equipment Leasing & Finance Foundation (Foundation) announced 10 outstanding students are recipients of The Equipment Leasing & Finance Foundation Scholarship, a program for students interested in potentially pursuing a career in the equipment...
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July 16, 2024, 07:18 AM
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eCapital Corp., a tech-enabled finance provider for middle-market businesses in North America and the U.K., announced the appointment of Peter Dahill as Chief Financial Officer (CFO). This strategic move demonstrates eCapital’s commitment to...
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July 16, 2024, 07:15 AM
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