Redaptive, an Energy-as-a-Service (EaaS) provider, announced it secured $225 million in a warehouse financing facility from ATLAS SP Partners (ATLAS SP), a global investment firm providing stable capital, financing, advisory and institutional...
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April 19, 2024, 07:23 AM
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36th Street Capital announced it served as lessor of record and servicer for a $30 million equipment financing of manufacturing equipment dedicated to the manufacturing and production of personal care, first aid, and household products. 36th Street...
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April 02, 2024, 07:20 AM
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Trinity Capital Inc. announced the commitment of $50 million in equipment financing to Electric Hydrogen, a manufacturer of electrolyzer systems that produce green hydrogen for critical industries.Electric Hydrogen's electrolyzer systems are complete...
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March 06, 2024, 07:17 AM
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South End Capital, a division of Stearns Bank N.A. reported robust equipment financing activities for the month of October.Key October Funding Highlights:Number of Financings: 658Total Financings: $46 millionSouth End Capital's customized term and...
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November 08, 2023, 07:12 AM
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Provide Capital, an equipment financing company, announced the launch of a trailblazing equipment vendor program that offers a cashback of up to 3 percent to vendors for every successful referral. This innovative initiative is part of Provide...
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June 12, 2023, 07:05 AM
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APPROVE will bring as many as 50 new tech jobs to Wilmington, NC, in the coming months, as the company embarks on an expansion fueled by a $3 million Series A funding round recently completed with support from Cofounders Capital, Live Oak Ventures...
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June 01, 2023, 07:10 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Northeast Alternatives, Inc. (NEA), a vertically...
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May 03, 2023, 07:15 AM
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Honour Capital announced the firm completed a $4 million equipment financing agreement with a Midwest food processing company to acquire food processing and manufacturing equipment, computers, and software.“A core element to any strong partnership is...
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March 29, 2023, 07:15 AM
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Farmers Business Network (FBN), the global AgTech platform and farmer-to-farmer network, announced the launch of its new bridge loan offering by FBN Finance, which provides farmers with another valuable solution when it comes to financing.Closing a...
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February 15, 2023, 07:20 AM
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Bitfarms Ltd., a global Bitcoin self-mining company, has modified its loan agreement with BlockFi Lending LLC, to settle all outstanding principal and interest due totaling $21 million for a single cash payment of $7.75 million.“Combined with the...
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February 10, 2023, 07:00 AM
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Bridge Bank announced its Capital Finance Group closed on a $3 million credit facility for Innovative Lease Services Inc., a Carlsbad, California-based provider of commercial equipment financing and leasing services. Innovative Lease Services (ILS)...
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February 07, 2023, 07:00 AM
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Casey Equipment is the latest Midwest dealer to join the rapidly expanding LiuGong North America dealership network.Leaders of the third-generation family-owned business said joining the lineup has been a smooth, straightforward process because of...
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January 11, 2023, 07:10 AM
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Trinity Capital entered into an agreement to co-manage a newly formed joint venture, i40, LLC (the JV), with certain funds and accounts managed by a specialist credit manager with over $5 billion of assets under management. The JV will invest in...
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December 07, 2022, 07:15 AM
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Jude Melville, President and CEO of b1BANK, announced N. Jerome “Jerry” Vascocu, Jr. as Chief Administrative Officer for Business First Bancshares, Inc. and b1BANK. Vascocu will be the first Chief Administrative Officer for the bank. He has over 27...
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November 23, 2022, 07:22 AM
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Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., announced Keith Reilly has joined the company as Senior Vice President to lead the company’s sell-side syndications activities and to expand its indirect originations...
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November 02, 2022, 07:23 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced receipt of its delayed draw of $10 million. The aggregate principal amount of the unsecured...
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October 12, 2022, 07:00 AM
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North American Construction Group Ltd. (NACG) announced it has finalized an extension and amendment of its senior secured credit facility. The facility maturity date has been extended by one year with a new maturity date of Oct. 8, 2025. In addition...
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September 21, 2022, 07:10 AM
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Colony Bankcorp, Inc., the bank holding company for Colony Bank (the Bank), announced senior management organizational changes designed to position the company for long-term success on its mission to build a sustainable, high-performing independent...
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September 14, 2022, 07:20 AM
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Ambient Photonics has completed the initial financing for its state-of-the-art U.S. solar manufacturing facility. Silicon Valley Bank and Trinity Capital have added $17.5 million in debt financing to the company’s previously announced equity...
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September 08, 2022, 07:15 AM
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to Additive Circuits Technologies, LLC, and its affiliates (ACT or the Company) in the placement of an equipment financing facility with Liberty Commercial Finance LLC. The facility...
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August 05, 2022, 07:18 AM
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Bitfarms Ltd., a global Bitcoin self-mining company, entered into an equipment financing agreement, with initial funding of US$37 million, with NYDIG ABL LLC (NYDIG). In addition, the company reduced its $100 million Bitcoin (BTC)-backed credit...
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June 20, 2022, 07:18 AM
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Eastern Funding, a financial lender to laundromats and other businesses, announced it has successfully merged operations with Macrolease Corporation. Macrolease is a specialized equipment finance and leasing company serving the fitness, wellness and...
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June 15, 2022, 07:25 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new lease agreement with Temescal Wellness, a Massachusetts operator with...
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June 08, 2022, 07:22 AM
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Friendly Hills Bank announced changes to its Executive Leadership Team to better position the company for long-term growth and success. The company added four experienced leaders, further strengthening its infrastructure and bringing the team to six...
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May 19, 2022, 07:11 AM
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Origis Energy announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund...
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May 04, 2022, 07:20 AM
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Argo Blockchain PLC, a cryptocurrency mining company, announced Argo Helios LLC, a wholly owned subsidiary of Argo Blockchain PLC, has entered into additional loans under Argo's equipment financing agreement with NYDIG ABL LLC, a wholly owned...
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May 04, 2022, 07:00 AM
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CleanSpark, Inc., a sustainable bitcoin mining and energy technology company, announced it has finalized $35 million in non-dilutive financing from Trinity Capital Inc., a provider of venture debt financing. The three-year equipment financing...
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April 27, 2022, 07:18 AM
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South End Capital, a division of Stearns Bank N.A., a commercial lender and tech-enabled equipment, real estate and business loan platform, announced another explosive month for equipment financing. The 723 equipment financings in March were...
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April 06, 2022, 07:16 AM
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36th Street Capital announced it recently funded a $10 million equipment financing of barges and marine equipment for a marine transportation equipment company.“We’re very excited to get this deal closed in the first quarter,” said Mark Horan, Chief...
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April 05, 2022, 07:20 AM
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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...
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March 23, 2022, 07:25 AM
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Argo Blockchain PLC, a global firm in cryptocurrency mining, announced Argo Helios LLC, a wholly owned Delaware-registered subsidiary of Argo Blockchain plc, has entered into an equipment financing agreement with NYDIG ABL LLC, a wholly owned...
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March 11, 2022, 07:05 AM
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Great Elm Capital Corp., a business development company, announced it has launched Great Elm Utica, LLC (GEU), a joint venture between GECC and Utica Leaseco, LLC, to co-invest in proprietary equipment financing transactions sourced by Utica.Founded...
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March 07, 2022, 07:22 AM
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Xerox Holdings Corporation introduced FITTLE, the new name for its equipment financing business, at its Investor Day. The name is derived from “fit,” representing the right choice through speed, quality and ease of transacting, all of which are...
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February 24, 2022, 07:25 AM
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KWIPPED Inc. announced it has changed its name and will now do business as APPROVE. Launched in 2015, KWIPPED is a B2B equipment marketplace and e-commerce platform that enables businesses to efficiently rent, buy or finance a wide range of equipment...
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February 03, 2022, 07:14 AM
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Fortis, a high-growth commercial bank serving small- to medium-sized privately held businesses in Colorado and Utah, announced the launch of its equipment financing product offering.Chris Case will be responsible for the development and execution of...
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January 12, 2022, 07:20 AM
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Fairfield Capital Group, LLC announced its renewable energy practice advised, arranged and closed almost $360 million of lease financings for renewable energy equipment in 2021. Fairfield Capital, which was founded in 2004, is a boutique investment...
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January 06, 2022, 07:19 AM
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Cerebro Capital, a commercial loan marketplace, released its Q3 2021 survey on non-bank lending for middle-market commercial and industrial (C&I) loans. Cerebro reports lenders continued to ease lending standards, making it easier for businesses to...
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December 29, 2021, 07:14 AM
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First Commonwealth Bank announced Brian Sohocki, Senior Vice President and Corporate Banking Group Manager, will be promoted to the position of Deputy Chief Credit Officer. Dave Reed, Senior Vice President and Community PA Regional President will be...
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December 21, 2021, 07:12 AM
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BankProv, a commercial bank that offers adaptive and technology-first banking solutions to emerging markets, announced its partnership with CrossTower, a trading platforms and digital asset investment firm, to provide equipment financing for Bitcoin...
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December 17, 2021, 07:25 AM
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1st Commercial Credit, LLC, a nationwide funding company that specializes in accounts receivable factoring and trade payable financing, has introduced an equipment financing program for various size companies, credit score ranges and industries. 1st...
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November 22, 2021, 07:24 AM
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36th Street Capital announced it funded a $14 million equipment financing of rotary aircraft for a provider of medical air rescue and transportation services.“The risk profile of this transaction did not fit well within the balance sheet of our bank...
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November 08, 2021, 07:21 AM
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Trinity Capital Inc., a specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, announced it has entered into a new $300...
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November 02, 2021, 07:22 AM
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Eos Energy Enterprises, Inc., a provider of safe, scalable, efficient and sustainable zinc-powered energy storage systems, announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement...
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October 06, 2021, 07:15 AM
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Assurant, Inc., a global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, announced the acquisition of EPG Insurance, Inc. for $43 million in cash. EPG is a leading provider of service contracts...
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December 23, 2020, 07:20 AM
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KWIPPED Inc., the online B2B equipment marketplace, is finding its APPROVE Lender Network to be a valuable resource for cash-strapped businesses in need of equipment. KWIPPED has recruited approximately a dozen of the nation’s top equipment financing...
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April 08, 2020, 07:15 AM
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Verdant Commercial Capital, LLC executed a multi-year vendor program agreement with MEC Aerial Platform Sales Corp. The agreement provides retail financing for MEC Aerial’s customers in the United States.“The Verdant team is excited to partner with...
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January 03, 2020, 07:13 AM
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Smart Sand, Inc. announced it has refinanced its existing credit facility into a combination five-year equipment financing (Oakdale equipment financing) and a five-year senior secured asset-based lending credit facility (ABL credit facility).The...
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December 18, 2019, 07:13 AM
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Katahdin Trust announced the promotion of Susan L. McCarthy to Vice President, Manager and Commercial Services Officer for Maine Financial Group (MFG), an affiliate located in Scarborough, ME, and specializing in equipment financing.MFG offers...
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May 28, 2019, 07:05 AM
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Cass Commercial Bank has formed a new division focused on financing equipment purchases for businesses, not-for-profit organizations and municipalities through capital and municipal leases. It recruited George Hoeffner, Senior Vice President, to lead...
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April 08, 2019, 07:07 AM
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CapX Partners provided $9.8 million in equipment financing to a leading packaging company located in Montreal, Quebec. The company has developed new sustainable, rigid and flexible packaging for the food industry to meet changing consumer demands. To...
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March 13, 2019, 07:20 AM
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All-Lines Leasing, a division of First Western Bank & Trust, has partnered with Hillyard, Inc., to offer an industry leading 3.9 percent interest rate on the financing of Trident cleaning equipment.“We are always looking for solutions to help our...
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January 30, 2019, 07:00 AM
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NextLot, Inc., a provider of privately branded online auction solutions for auctioneers, announced it launched an integration with Currency, an online transaction empowerment company. Through Currency’s Express Finance decisioning engine, NextLot can...
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January 15, 2019, 07:04 AM
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Dext Capital announced it is launching as a new independent equipment leasing company focused on the healthcare industry. Dext Capital plans to begin offering equipment financing in the beginning of 2019.Dext Capital is led by industry veteran Kyin...
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October 15, 2018, 07:20 AM
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CG Commercial Finance has hired Michael Elniski as Senior Vice President of Sales & Marketing, overseeing the growth of the company’s direct equipment financing group.Elniski brings over 25 years of executive sales management experience developing...
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August 22, 2018, 07:22 AM
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