Eastern Funding LLC, a financial lender to laundromats, owner-occupied commercial real estate, fitness and wellness, commercial vehicles, and other businesses (the Company), announced it will commence immediately with an orderly wind-down of its...
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July 10, 2024, 07:23 AM
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AP Equipment Financing has increased Q1 2024 funding volume by 16.3 percent, compared to Q1 in 2023. AP is projecting success in 2024 driven by industry expansions and targeted origination strategies. AP recently onboarded Mike Snyder as Senior...
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April 08, 2024, 07:23 AM
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Mitsubishi HC Capital America closed two inventory finance transactions, totaling $400 million, to separate specialty vehicle partners to boost their purchasing power and enhance liquidity.Mitsubishi HC Capital America has worked with the one...
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August 23, 2023, 07:15 AM
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Mitsubishi HC Capital America announced the company is expanding its commercial specialty vehicle financing solutions, specifically aimed at fire and emergency vehicles, wreckers, and shuttle/transit buses. The company’s sizable lending resources and...
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January 24, 2023, 07:10 AM
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DLL, a global financial solutions provider, announced a wholesale financing partnership with American specialty vehicles manufacturer REV Group, effective March 9. DLL will serve as the preferred floorplan provider for REV Group’s fire, emergency and...
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March 02, 2022, 07:23 AM
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Verdant Commercial Capital has hired James Friedrichs as a Vice President in its Specialty Vehicle division, with an emphasis in the over the road trucking. With three decades of industry experience, Friedrichs will work with distributors and end...
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January 07, 2022, 07:18 AM
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Verdant Commercial Capital, LLC has hired Barry Hart and Ben Klang in the Specialty Vehicle vertical with an emphasis on equipment utilized in the solid and liquid waste segment. Hart and Klang each join Verdant as a Relationship Manager and Vice...
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April 06, 2021, 07:23 AM
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Ally Financial announced Sathish Muthukrishnan has joined the company as Chief Information, Data and Digital Officer. Muthukrishnan will lead Ally's technology, data and digital transformation teams, with a focus on advanced technical capabilities...
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January 21, 2020, 07:19 AM
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Verdant Commercial Capital, LLC has added Pete Thorp and Craig Crosby to its strategic Specialty Vehicle financing vertical market segment. Thorp and Crosby each have more than 20 years of experience managing and growing equipment financing in...
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August 12, 2019, 07:25 AM
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Advantage Funding announced that Chris Zeller will serve as Central Representative for Jerr-Dan Financial Solutions (JDFS). Jerr-Dan Corporation and Advantage Funding announced the new finance and leasing program earlier this month. Through JDFS...
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November 23, 2016, 06:47 AM
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Advantage Funding announced the addition of Todd Chase to its growing sales force. Chase will serve as a Sales Manager of the company’s Vocational Truck business, specializing in tow-truck financing.“Todd brings a lifetime of industry experience as...
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November 21, 2016, 07:00 AM
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REV Group (REV), a $2 billion specialty vehicle (SV) manufacturer, announced that they chose Wells Fargo Commercial Distribution Finance (CDF), part of Wells Fargo & Company, to launch a new program for dealer and distributor financing across the U.S...
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October 20, 2016, 07:07 AM
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Greg Brown, President of the Specialty Vehicle Division at 1st Source Bank announced the addition of Amanda Lundmark as a Bus Sales Officer in its Specialty Finance Group. In her new role, Lundmark will provide competitive financing and leasing...
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January 13, 2016, 07:15 AM
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The Textron Specialized Vehicles group of Textron Inc., through Textron Ground Support Equipment UK Limited, has acquired the Douglas Equipment business from Curtiss-Wright Flow Control (UK) Limited, a subsidiary of Curtiss-Wright Corporation....
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January 14, 2015, 06:35 AM
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1st Source Bank announced the addition of Greg Brown as President of the Specialty Vehicle Division in its Specialty Finance Group. Brown will oversee the division, which handles fleet financing of funeral vehicles, step up vans, delivery work trucks...
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September 04, 2014, 07:00 AM
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Mini buses, limo buses and coaches are expected to be in high demand by specialty vehicle buyers in 2014, according to a new survey by GE Capital, Commercial Distribution Finance (CDF). CDF is a major provider of financing for manufacturers and...
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March 07, 2014, 06:48 AM
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1st Source announces the return of Christopher Craft as President of the Auto/Light Truck and Specialty Vehicle Fleet Divisions within the 1st Source Specialty Finance Group. Craft will oversee all aspects of financing, treasury management and client...
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November 12, 2012, 07:38 AM
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