Encina Lender Finance, LLC announced it has closed a $30 million senior credit facility for a small-ticket equipment finance platform. The borrower will use this facility to originate new equipment leases.
Read Story
April 12, 2024, 07:18 AM
|
Equify Financial, LLC continues to grow its Small-Ticket Dealer and Vendor Program Equipment Finance Business with the hiring of two new Account Managers.Giovanna Vargas joins the team in the Irvine, CA, office to support the sales team covering the...
Read Story
November 14, 2023, 07:21 AM
|
Mitsubishi HC Capital America announced Kristyn Scott has joined the company as Director of Capital Markets.
Scott will be responsible for all small-ticket capital markets activity across the organization involving transportation, construction...
Read Story
September 20, 2023, 07:15 AM
|
Equify Financial, LLC announced the continued expansion of its Small-Ticket Dealer and Vendor Program Equipment Finance Business with the hiring of key personnel across sales and project-related functional areas of the platform.Joining the team as...
Read Story
August 11, 2023, 07:23 AM
|
Tandem Finance Inc. completed over $333 million in small-ticket equipment finance funding in 2022. Originations stemming through its extensive grouping of manufacturer program partnerships, Tandem concentrates on committed vendor programs and dealer...
Read Story
March 06, 2023, 07:18 AM
|
Global vendor finance company DLL announced the closing of “DLLST 2022-1,” a U.S. securitization transaction issuing notes totaling $837 million. The notes are backed by loans and leases secured with office equipment and technology solutions.The...
Read Story
May 05, 2022, 07:22 AM
|
Customers Bank, a digital and fintech-forward top 100 national bank with nearly $20 billion in assets, announced the institution hired industry veteran John Donohue to serve as Executive Vice President, Managing Director of Customers Commercial...
Read Story
March 23, 2022, 07:25 AM
|
First Commonwealth Bank announced it is entering the equipment leasing and finance business with the addition of Rob Boyer to its executive team as Executive Vice President of First Commonwealth Bank and President of First Commonwealth Equipment...
Read Story
June 15, 2021, 07:25 AM
|
U.S. equipment ABS performance has notably improved in 2021 following elevated delinquencies and defaults in 2020, Fitch Ratings says. Overall, payment deferral programs have successfully assisted obligors during the pandemic, followed by strong cure...
Read Story
May 27, 2021, 07:20 AM
|
North Mill Equipment Finance LLC, an independent commercial equipment lessor providing small-ticket financing through its network of referral agents, announced the company reached an all-time high in monthly loan and lease originations in March....
Read Story
April 05, 2021, 07:23 AM
|
Byline Bancorp, Inc., the parent company of Byline Bank, announced plans to optimize its branch network as part of efforts to accommodate changing customer behaviors while also recognizing operating efficiencies. Byline Bank plans to consolidate 11...
Read Story
September 21, 2020, 07:17 AM
|
Fitch Ratings has revised its 2020 asset performance outlook for equipment lease ABS to negative from stable due to the economic effects of the coronavirus. Equipment loan and lease obligors, both large corporate and small commercial businesses, will...
Read Story
April 14, 2020, 07:25 AM
|
Tokyo Century (USA) Inc. announced it has acquired 100 percent of the capital stock of Allegiant Partners Incorporated DBA AP Equipment Financing, an independent specialty finance and leasing company based in Bend, OR.
Allegiant has a strong...
Read Story
November 27, 2019, 07:30 AM
|
Liberty Defense Holdings Ltd., a leader in security and concealed threat detection solutions, announced Amsource Capital Ltd. as a preferred financing partner, to facilitate large and small ticket leasing and financing for purchasers of its HEXWAVE...
Read Story
July 03, 2019, 07:20 AM
|
North Mill Equipment Finance LLC, an independent commercial equipment lender located in South Norwalk, CT, announced record originations for the second quarter, exceeding $33 million in funded volume. It was the best quarter in the company’s history...
Read Story
July 02, 2019, 07:25 AM
|
Ascentium Capital LLC announced the execution of a $375 million small-ticket equipment securitization of Ascentium Equipment Receivables Series 2019-1. Ascentium Capital’s 11th securitization involved 26 unique investors and again received AAA...
Read Story
April 24, 2019, 07:23 AM
|
GreatAmerica Financial Services Corporation completed its 18th term securitization of $612.2 million in privately placed bonds with institutional investors. GreatAmerica uses proceeds from its securitizations to pay off debt in its warehouse and...
Read Story
February 19, 2019, 07:25 AM
|
ENGS Commercial Finance Co. announced John Vande Moore, Chief Financial Officer, has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Small Ticket Business Council Steering Committee.
The Small Ticket Business...
Read Story
November 15, 2018, 07:00 AM
|
North Mill Equipment Finance has hired Paul Cheslock as Vice President of Customer Relations.Cheslock brings 27 years of experience leading customer relations and sales teams in various sectors of the financial industry with an emphasis on the...
Read Story
October 31, 2018, 07:15 AM
|
Ascentium Capital LLC, the nation’s largest private-independent equipment finance company, announced the closing of the company’s tenth small ticket equipment securitization. The $343,711,000 securitization of Ascentium Equipment Receivables 2018-2...
Read Story
October 25, 2018, 07:20 AM
|
Wintrust Asset Finance Inc. announced the hiring of industry veteran David Normandin as President and CEO of its newest division, Wintrust Specialty Finance, which will focus on equipment finance for small and mid-sized businesses nationwide. “Our...
Read Story
October 15, 2018, 07:25 AM
|
Neumann Finance Company, a newly established nationwide commercial equipment financing company, and a subsidiary of Beneficial Bank, has launched its origination platform and commenced business operations. “It is an exciting time here at Neumann...
Read Story
August 22, 2018, 07:20 AM
|
Wesleyan Bank, a specialist provider of commercial finance solutions and part of Wesleyan Group, announced a new growth initiative by entering the wholesale finance market with small ticket, finance house D&D Leasing.D&D Leasing is an 18-year-old...
Read Story
August 20, 2018, 07:06 AM
|
Byline Bancorp, Inc., the holding company of Byline Bank, announced it has completed its acquisition of First Evanston Bancorp, Inc., the parent company of First Bank & Trust. As a result of the transaction, First Bank & Trust has merged into Byline...
Read Story
June 08, 2018, 07:10 AM
|
Ascentium Capital LLC issued a $330 million small ticket equipment securitization of Ascentium Equipment Receivables 2018-1 Trust. This represents the company’s ninth securitization since 2012 and the first time a non-investment grade, independent...
Read Story
April 26, 2018, 07:20 AM
|
TBF Financial announced this week that it has acquired a commercial small-ticket portfolio from a bank that had $25 million in outstanding charge-offs on leases and loans. TBF was the highest bidder in an auction for this collections project...
Read Story
October 10, 2012, 07:49 AM
|
LEAF Commercial Capital (“LEAF”) has launched a new blog about equipment finance at www.LEAFCommercialCapital.com. The site will publish a wide range of articles about equipment leasing including how to’s, checklists, benefits, best practices, and...
Read Story
August 21, 2012, 07:21 AM
|
On Deck, the technology platform that connects Main Street directly to capital, announced the launch of On Deck Express, the fastest way for small businesses to access up to $25,000 in as fast as 24 hours online. On Deck Express is also On Deck’s...
Read Story
February 24, 2012, 03:00 PM
|
Marlin Business Services Corp. today reported fourth quarter 2011 net income of $2.1 million. Net income for the full-year 2011 was $6.2 million.“We’re pleased with the solid operating and financial fundamentals in place for all aspects of the...
Read Story
February 24, 2012, 08:00 AM
|
The Equipment Leasing & Finance Foundation (the Foundation) releases the February 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of...
Read Story
February 23, 2012, 08:15 AM
|
The Equipment Leasing & Finance Foundation (the Foundation) released the January 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of...
Read Story
January 23, 2012, 08:15 AM
|