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Week's News

Capteris, the private credit equipment finance platform in alliance with Apollo, announced a $20 million lease commitment for a private equity owned provider of utility and infrastructure services.“The company and sponsor were looking to find a... Read Full News
March 28, 2025, 07:15 AM


According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the Class 8 average retail sale price fell by its largest percentage since June 2024, giving up 6.2% m/m in February.“On a y/y basis, prices were 13% lower... Read Full News
March 28, 2025, 07:10 AM
Filed Under: Trucking


TAB Bank closed a $13 million lender finance facility for Capital Foundry, a Pittsburgh-based specialty finance lender that provides a variety of debt and credit products as well as business consulting services to small businesses and middle-market... Read Full News
March 28, 2025, 07:00 AM
Filed Under: Industry News


City National Bank announced the appointment of Joe Yurosek as president of Commercial Banking. He brings more than 30 years of financial services industry experience and a solid track record of delivering results. Yurosek will be based in Los... Read Full News
March 28, 2025, 06:59 AM


Associated Banc-Corp announced the addition of three seasoned bankers, Matt Flynn, Alexander Burke and Mitchell Hind, to its commercial banking team in Kansas City, Missouri, to grow that new market. This strategic move is part of Associated's... Read Full News
March 28, 2025, 06:58 AM


February net trailer orders, just below 18.2k units, were down 17% from January and 13% below the level accepted in February 2024, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“Net orders are signaling... Read Full News
March 28, 2025, 06:45 AM
Filed Under: Trucking


CCA Financial (“CCA”), an independent provider of equipment and technology leasing solutions, announced the acquisition of the enterprise IT and related equipment lease portfolio from Macquarie Equipment Finance, a Toronto, Ontario-based equipment... Read Full News
March 27, 2025, 07:07 AM
Filed Under: Mergers & Acquisitions


The National Equipment Finance Association (NEFA) hosted the 2025 Spring Conference, which brought together attendees for a dynamic and enriching experience. The conference was held at Omni La Costa Resort & Spa in Carlsbad, Calif., from March 11-13... Read Full News
March 27, 2025, 07:05 AM


QuickFi has been named a finalist in the New York, 2025 Banking Tech USA Awards for two categories: Best Auto & Equipment LendTech Solution and Best Embedded SME Financing Solution. Other finalists include J.P. Morgan, KeyBank, Wells Fargo, Citizens... Read Full News
March 27, 2025, 07:03 AM
Filed Under: Banking News


Triumph Financial announced a series of key leadership appointments designed to strengthen its organizational structure and position the company for long-term growth and innovation in the transportation and financial services industry.Kim Fisk has... Read Full News
March 27, 2025, 07:01 AM