Citizens announced that veteran banking executive Mark Lehmann, chief executive of JMP Group, has been named as its California President to accelerate growth in a key market where the bank has recently added some of the state’s top private bankers.In...
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July 13, 2023, 07:15 AM
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In a poll conducted by a trade association, since new California disclosure rules were implemented in December 2022, 40 percent of respondents were found to be “no longer lending” to prospective borrowers who fall within the regulations’ threshold of...
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March 22, 2023, 07:18 AM
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Utica Equipment Finance announced the completion of a transaction totaling $720,000 in the first week of January.The $720,000 capital lease secured by farm equipment to one of the largest single source suppliers of tropical plants, indoor floral and...
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January 12, 2023, 07:18 AM
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Northteq, Inc., a provider of Salesforce loan origination solutions, announced its new commercial lending disclosure application, Disclosure Direct for Salesforce, is now available for commercial and equipment finance lenders.Beginning Dec. 9...
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December 09, 2022, 07:22 AM
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Verdant Commercial Capital, LLC has completed the first ever on-bill repayment agreement for the State of California’s GoGreen Business Energy Financing program. GoGreen Business is committed to sustainability, and it supports small businesses that...
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November 22, 2022, 07:05 AM
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On Dec. 9, new commercial financing disclosure requirements will take effect in California. To help members of the equipment finance industry prepare, the Equipment Leasing and Finance Association has compiled critical informational resources.“ELFA’s...
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November 15, 2022, 07:20 AM
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Genesis Bank announced Anthony Ochoa has joined Genesis as Senior Vice President, Commercial Banking Market Leader. He is responsible for expanding the bank’s commercial banking efforts across its target markets of Los Angeles, Orange, Riverside, and...
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August 09, 2022, 07:20 AM
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As state-level regulations in California have been finalized and pressures to comply mount, the Equipment Leasing and Finance Association (ELFA) will host a second webinar designed to help the equipment finance industry prepare for financial...
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July 13, 2022, 07:23 AM
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DMG Bancshares, Inc. and Liberty Bancorp jointly announced the signing of a definitive merger agreement under which DMG will acquire Liberty in an all-cash transaction with a base consideration of approximately $31.2 million, or $35.19 per Liberty...
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March 01, 2022, 07:10 AM
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The Equipment Leasing and Finance Association announced that changes in commercial disclosure requirements in California and New York are expected to take effect in 2022 that will have a significant impact on the commercial equipment leasing and...
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January 18, 2022, 07:20 AM
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PNC Bank announced the appointment of two new regional presidents in California, further expanding its local leadership and decision-making model in the state. Jarrod Ingle joins PNC as the regional president and head of Corporate Banking for the...
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October 28, 2021, 07:24 AM
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