TAB Bank closed a $4 million asset-based lending (ABL) and $2.5 million equipment loan with HydroEdge Solutions, a leading water transfer and fluid management services provider for the energy industry. This capital will allow HydroEdge Solutions to...
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April 18, 2025, 07:05 AM
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Mya Roeun, Operations Manager, announced Jennifer Stich as Funding Manager in Horizon’s Equipment Finance Division Funding team. Stich brings over 20 years of experience in the equipment finance industry. In her new role, she will assist with daily...
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April 18, 2025, 07:05 AM
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After eight years as CEO and nearly 45 years of service, Caterpillar Chairman and CEO D. James Umpleby III will become Executive Chairman of the Board effective May 1. Chief Operating Officer (COO) Joseph E. Creed, a 28-year Caterpillar veteran, will...
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April 18, 2025, 06:57 AM
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The American Association of Commercial Finance Brokers (AACFB) successfully concluded its 2025 Annual Conference on Friday, April 11, at the iconic Paris Hotel in Las Vegas, Nevada. Themed “High Stakes, High Rewards: Doubling Down on Growth and...
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April 18, 2025, 06:54 AM
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U.S. Bancorp, parent company of U.S. Bank, announced that Adam Graves has been promoted to serve as senior executive vice president and head of enterprise strategy and administration.Graves, 47, has been the company’s head of strategy and corporate...
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April 18, 2025, 06:49 AM
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SouthState Bank has hired an experienced team, based in Nashville, to help the bank expand to Tennessee.Cameron Wells, an experienced leader in the Middle Tennessee market, has joined SouthState as division president, responsible for leading the team...
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April 18, 2025, 06:40 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the April 2025 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Overall, confidence in the equipment finance market is 41.9, down from the March index of...
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April 17, 2025, 07:05 AM
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Solifi, a global fintech software partner for secured finance, announced the appointment of Mike Cagle as its new Chief Financial Officer.With over 20 years of experience in financial leadership and SaaS company management, Cagle brings a great deal...
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April 17, 2025, 07:00 AM
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Mitsubishi HC Capital America announced the hiring of Chad McShane as Vice President of Sales, Equipment Leasing. As part of Mitsubishi HC Capital America’s overall strategy to expand the direct leasing portfolio, McShane will be responsible for...
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April 17, 2025, 06:50 AM
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The Secured Finance Network (SFNet) recently released its Q4 2024 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of a resilient ABL market.As of mid-February, when the data was collected, both bank and non-bank lenders...
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April 17, 2025, 06:41 AM
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