The Equipment Leasing and Finance Association announced the Call for Presentations for the 2024 ELFA Annual Convention. Proposals to speak at the event, which is the largest annual gathering of equipment finance professionals, are due Wednesday, July...
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June 24, 2024, 07:24 AM
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First Citizens Bank and Jupiter Power LLC announced First Citizens Bank's Energy Finance business and Jupiter Power have closed on $65.2 million in financing for construction of a 200-megawatt (MW) / 400 megawatt-hour (MWh) battery energy storage...
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December 20, 2023, 07:10 AM
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LeasePoint Funding Group, a fintech company specializing in equipment financing, announced its recent recognitions on business growth lists. The company ranked No. 180 on the Inc. 5000 list of the fastest-growing businesses in the nation. This...
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September 22, 2023, 07:18 AM
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The National Equipment Finance Association (NEFA) announced its highly anticipated Funding Symposium, themed "Lassoing Opportunities for Success." This premier event in the equipment finance industry will take place from Oct. 3 to Oct. 6, 2023, at...
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September 11, 2023, 07:20 AM
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Veritex Holdings, Inc., the holding company for Veritex Community Bank, announced, following an extensive nationwide search by Chartwell Partners, the hiring of Dominic Karaba as President and Chief Banking Officer of Veritex Community Bank effective...
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September 06, 2023, 07:15 AM
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H&E Equipment Services Inc. (H&E) announced the opening of its Cleburne branch, its 23rd rental location in the state of Texas and the sixth in the Dallas-Fort Worth metro area. Since the beginning of the second quarter of this year, H&E has opened...
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August 08, 2023, 07:00 AM
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Crossroads Equipment Lease and Finance, a provider of transportation financing solutions, announced the opening of a new office in Irving, TX. This latest development is part of Crossroads' strategic growth plan, aiming to strengthen its position in...
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July 19, 2023, 07:05 AM
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PNC Bank appointed Steven González as Regional President for Austin. González will have direct oversight of business development, building and maintaining client relationships and leading philanthropic initiatives in support of the Austin community....
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July 19, 2023, 07:00 AM
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The Equipment Finance Cares Texas event hosted by Wintrust Asset Finance, a subsidiary of Beverly Bank & Trust Company, N.A., will be held on Wednesday, April 19 from 1:30 p.m. – 7 p.m. at TPC Craig Ranch in McKinney, TX.“Equipment Finance Cares is...
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March 21, 2023, 07:03 AM
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Ritchie Bros. conducted its largest ever December auction in Texas, selling over $86 million of equipment and trucks for more than 800 consignors in three days.The December 13–15 Fort Worth auction attracted more than 12,600 registered bidders from...
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December 20, 2022, 07:10 AM
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Ritchie Bros. sold close to 5,000 equipment items and trucks over three days for more than $71 million in gross transaction value, which is up 25 percent from the same auction last year. The unreserved online auction in Fort Worth, TX attracted more...
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September 26, 2022, 07:12 AM
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Comerica Bank has named Trent Sampson, Jerry Collazo and Adriana Najera to its newly formed South Dallas Business Banking Team led by Group Manager Derric Hicks."As the leading bank for business, it is imperative that we raise expectations in all the...
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September 21, 2022, 07:20 AM
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Ritchie Bros.' latest Fort Worth, TX auction brought together 11,500+ bidders from 58 countries to compete for 4,200+ items, generating US$59+ million in gross transaction value.Approximately 90% of the equipment in the July 19 – 21, 2022 auction was...
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July 26, 2022, 06:00 AM
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Ritchie Bros. last week conducted 24 online auctions across the globe, selling more than 34,000 equipment items over six days. The two largest of these events took place in Alberta and Texas, where Ritchie Bros. sold a combined $114 million of...
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June 28, 2022, 06:30 AM
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American Bank and TexStar National Bank jointly announced the signing of a definitive agreement and plan of merger pursuant to which American Bank will acquire TexStar. In accordance with the merger agreement, TexStar will merge with and into...
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June 13, 2022, 07:18 AM
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PNC Bank announced the official opening of its North Texas Technology and Innovation Hub, the most recent tech-focused space it has opened across its coast-to-coast footprint, and the first hub of this type to be established in Texas. The hub will...
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April 25, 2022, 07:18 AM
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Ritchie Bros. announced record pricing continued in Texas last week, with the company's first Fort Worth auction of the year generating more than $79 million in gross transaction value. The three-day online auction attracted over 14,700 bidders from...
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March 22, 2022, 07:15 AM
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Ritchie Bros.' Texas team held a more than $50 million auction at its site in Fort Worth, TX. The two-day online auction attracted more than 11,250 people to bid on 3,750 items, resulting in strong pricing across nearly every asset...
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July 27, 2021, 07:07 AM
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Ritchie Bros. conducted its largest Texas auction ever, attracting 76 percent more bidders year over year and achieving $95 million in gross transaction value—surpassing its previous Texas sales record, set June 2020, by 17 percent.The Fort Worth...
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March 23, 2021, 07:05 AM
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TAB Bank announced it has opened a Small Ticket Accounts Receivable (STAR) Financing office in Plano, TX. The new office has a team of 22 commercial finance professionals and will underwrite and manage credit facilities under $1 million....
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November 10, 2020, 07:00 AM
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CIT Group announced its Power and Energy business served as coordinating lead arranger on a $151 million financing for the 250-megawatt Galloway I solar farm planned for Concho County, TX.The financing was arranged on behalf of Skyline Renewables and...
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October 30, 2020, 07:04 AM
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CIT Group Inc. announced its Power and Energy unit served as sole lead arranger on a $162 million financing for the East Blackland Solar Project in Travis County, TX.The financing was arranged on behalf of Recurrent Energy LLC, a wholly owned...
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August 19, 2020, 07:20 AM
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Ritchie Bros. conducted its largest ever Fort Worth, TX, auction this week, selling close to 5,300 equipment items and trucks for more than $81 million. Due to the COVID-19 pandemic, the auction was held with online-bidding only and set a new site...
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June 05, 2020, 07:05 AM
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Southside Bank in Fort Worth, TX, announced the addition of Kevin Morrison as Vice President of Commercial Lending. Morrison will focus on growing Southside Bank’s commercial client base throughout North Texas.“Kevin has forged commercial banking...
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March 04, 2020, 07:21 AM
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CIT Group Inc. announced its Power and Energy business served as coordinating lead arranger for $204.5 million in debt financing to support construction of Holstein Solar, a 200-megawatt solar farm to be built in Nolan County, TX. Concurrent with...
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July 24, 2019, 06:15 AM
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CIT Group Inc. announced its Power & Energy business served as the coordinating lead arranger on a $416 million debt financing supporting Longroad Energy’s 379-megawatt Prospero solar facility to be built in Andrews County, TX.Founded in 2016 and...
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May 31, 2019, 07:24 AM
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Hitachi Capital America (HCA) has opened an office in the Dallas/Fort Worth area to support the company’s continued expansion of its transportation financing activities.Located in Flower Mound, a center of the heavy-duty truck finance industry, the...
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December 06, 2018, 06:50 AM
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Ritchie Bros. Auctioneers held a two-day auction at its site in Fort Worth, TX this week, selling 3,800+ equipment items and trucks for US$52+ million. Online buyers purchased approximately 58 percent of the equipment More than 4,900 people from 55...
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September 29, 2017, 07:01 AM
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MB Equipment Finance announced Brett Hewitt has joined as Vice President of its new office - located just west of Austin, Texas. This office marks the group’s second location in Texas, in addition to its existing Dallas/Fort Worth office. In less...
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March 21, 2017, 07:19 AM
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As the dust settled after two action-packed days at Ritchie Bros.' Fort Worth auction site (March 15-16), the sales figures and turnout revealed the company's largest-ever Texas auction. More than 5,675 people registered to bid in person and online...
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March 17, 2017, 07:00 AM
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Ritchie Bros. (NYSE:RBA), conducted its largest ever Texas auction this week, selling US$70+ million of heavy equipment and trucks at its permanent Fort Worth auction site. The two-day unreserved public auction on September 23 – 24, 2015, also set a...
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September 25, 2015, 07:00 AM
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Ritchie Bros. sold US$45+ million of equipment and trucks at its unreserved public auction in Houston, Texas on June 24 – 25, 2015. The two-day auction set a new Houston site record for number of sellers. Auction highlights included 325+ trailers...
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June 26, 2015, 07:00 AM
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