Axiom Bank, N.A. has launched a new Commercial Finance Division headquartered in Dallas, TX. The new division will service businesses seeking asset based lending, factoring and equipment financing credit facilities ranging from $2 million and greater...
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December 14, 2022, 07:25 AM
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REV Capital announced a new Commercial Finance Division along with the appointment of Mark Dubs as President – Eastern Division.Dubs is an industry veteran with more than 20 years of experience building highly profitable and diversified commercial...
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July 11, 2022, 07:20 AM
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Mountain Ridge Capital (MRC), an asset-based commercial finance company, announced its official launch. Strategically backed with equity from Arena Investors, LP, Mountain Ridge Capital is focused on originating, underwriting and managing asset-based...
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June 24, 2022, 07:20 AM
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As the first quarter of 2022 wraps up, the commercial finance industry continues to deal with inflation, supply chain issues and war in Ukraine. Considering this constantly shifting environment, Mitsubishi HC Capital America has identified five...
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April 07, 2022, 07:17 AM
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Crestmark, the Commercial Finance division of MetaBank, N.A., announced the addition of Warren Powell to the Working Capital business unit. In his new role as Business Development Officer, Powell is responsible for promotion of the company’s...
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March 09, 2022, 07:00 AM
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Bridgepoint Investment Banking announced the addition of Mike Letsch to its Chicago office as Managing Director and co-head of Bridgepoint’s transportation and logistics group. The addition expands Bridgepoint’s commitment to providing differentiated...
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March 07, 2022, 07:10 AM
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DLL, a global financial solutions provider, announced a wholesale financing partnership with American specialty vehicles manufacturer REV Group, effective March 9. DLL will serve as the preferred floorplan provider for REV Group’s fire, emergency and...
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March 02, 2022, 07:23 AM
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Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $3,291,085 in ABL/factoring financial solutions for 14 new clients; Crestmark Equipment Finance provided $24,477,897 in seven new transactions; and Crestmark Vendor...
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February 28, 2022, 07:16 AM
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Cerebro Capital, a commercial loan marketplace, announced the appointment of John Robinson and James Paterson as Managing Directors of Credit Origination. Together, Robinson and Paterson will source credit opportunities among private equity firms...
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January 28, 2022, 07:17 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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First Business Equipment Finance, LLC, a subsidiary of First Business Financial Services, Inc., announced the promotion of Spencer Woodbury to Commercial Finance – Team Lead.Woodbury joined First Business in 2017 as part of the Commercial Lending...
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May 01, 2020, 07:15 AM
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CIT Group Inc. announced its Power and Energy business served as lead arranger for a $140 million financing for esVolta, a leading developer of utility-scale energy storage systems for renewable energy projects.The portfolio consists of more than 136...
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February 25, 2020, 07:25 AM
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CIT Group Inc. announced David Harnisch will join the company as president of Commercial Finance, effective Sept. 23, 2019. Harnisch will succeed the current president of Commercial Finance Jim Hudak who has elected to retire following a 20-year...
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August 27, 2019, 07:25 AM
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The Commercial Finance Association Education Foundation, soon to become the Secured Finance Foundation, announced the findings of a comprehensive study of the scope and impact of the secured commercial finance market in the U.S. The 2019 Secured...
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March 08, 2019, 07:10 AM
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Napier Park Global Capital announced Joseph Lane has been named Vice Chairman of Napier Park and was appointed to the firm’s leadership team as a member of the Management Committee. Lane is currently a Managing Director in the firm’s Real Assets...
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February 20, 2019, 07:22 AM
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Crestmark provided more than $25.6 million in commercial financing to 94 businesses in the first half of January.The company secured a total of $11,199,163 in ABL financial solutions for 10 new clients; Crestmark Equipment Finance provided $3,599,632...
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January 25, 2019, 07:00 AM
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Crestmark provided more than $59.4 million in commercial financing to 82 businesses in the second half of December. Crestmark Equipment Finance provided $19,598,832 in eight new lease transactions; Crestmark Vendor Finance provided $4,738,826 in 59...
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January 09, 2019, 07:20 AM
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Crestmark provided more than $67.5 million in commercial financing to a total of 69 businesses in the second half of September. Its Asset-based Lending Division secured a total of $22,050,000 in ABL financial solutions for eight new clients;...
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October 04, 2018, 07:17 AM
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CIT Group Inc. announced it has named Christopher M. McLaughlin as chief underwriting officer for the company’s Commercial Finance division.In his new role, McLaughlin is responsible for leading a team of underwriters and portfolio managers across a...
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August 29, 2018, 07:30 AM
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CIT Group Inc. announced it added a senior leader to its Sponsor Finance team in its Commercial Finance division responsible for pursuing new growth opportunities for financing middle-market private-equity sponsor-owned businesses. Thomas M. Affolter...
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June 06, 2018, 07:20 AM
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Accord Financial, Inc. announced the promotion of Terry M. Keating from Executive Vice President to President and CEO. Since joining Accord—the Greenville, S.C.-based ABL and factoring unit of Accord— in March 2014, Keating played a major role in...
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May 09, 2018, 07:20 AM
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NewStar Financial announced that John Frishkopf will retire from the company as of September 30, 2016. Frishkopf was a founding member of the firm and has served as Treasurer and head of its Asset Management group since NewStar’s inception in 2004. ...
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August 12, 2016, 07:14 AM
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Creekridge Capital announced the firm has added Joe Haynes as a Franchise Sales Manager who will focus on franchise financing solutions that include total equipment, reimage and working capital solutions to franchisees.Haynes comes to Creekridge with...
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October 28, 2015, 07:09 AM
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Element Financial Corporation and its wholly-owned subsidiary Element Rail Leasing I LLC (Series 2014-1), announced that it has closed its first railcar asset-backed securitization (ABS) in the aggregate gross amount of $340.3 million.
The...
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April 18, 2014, 07:18 AM
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Equipment Finance Advisor is pleased to announce the launch of the official mobile app of Equipment Finance Advisor, EquipmentFA.com Mobile – the first true and full-featured mobile application for the equipment finance industry.
Designed to provide...
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April 26, 2012, 08:00 AM
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