NewLane Finance is the new name following the combination of Neumann Finance and Beneficial Equipment Finance Corporation (BEFC). NewLane Finance will be backed by WSFS Bank, a financial institution with approximately $13 billion in assets and the...
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April 11, 2019, 07:30 AM
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Beneficial Bancorp, Inc. announced its stockholders approved the previously announced merger of Beneficial with and into WSFS Financial Corporation at a special meeting of stockholders. Subject to the receipt of all required regulatory approvals and...
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December 07, 2018, 07:15 AM
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Beneficial Bank announced Beneficial Equipment Finance Corporation has launched an electronic documentation platform via an integrated Digital Transaction Management Solution from DocuSign, to improve communications and speed up funding to equipment...
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December 06, 2018, 06:51 AM
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Beneficial Bank announced Beneficial Equipment Finance Corporation (BEFC) has named Doreen Cropp and Scott Soslow as Vice Presidents, Business Development Officers.“Our healthcare industry vertical represents an attractive area of opportunity to...
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October 03, 2018, 07:28 AM
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WSFS Financial Corporation and Beneficial Bancorp, Inc. jointly announced the signing of a definitive agreement whereby WSFS will combine with Beneficial, in a transaction valued at approximately $1.5 billion.Concurrently with the acquisition...
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August 09, 2018, 07:25 AM
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Beneficial Equipment Finance Corporation (BEFC) recently entered into a relationship with Millennium Dental Technologies, Inc. Millennium, a U.S. based premier dental laser manufacturer, created the program to provide flexible financing options to...
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February 23, 2018, 07:18 AM
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Beneficial Equipment Finance Corporation announced Scott Lipka has been elected as a Director of the National Equipment Leasing Association (NEFA) for 2018.Lipka is Vice President, Director of Syndication & Broker Services for BEFC and has been an...
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February 23, 2018, 07:10 AM
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