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News Stories (34 Results) - Equipment Finance News

NFS Leasing extended its financing support to Velico Medical, a clinical-stage medical and scientific technology company that is working to reduce the number of preventable deaths caused by bleeding. Over the past 10 years, NFS Leasing has provided... Read Story

May 31, 2023, 05:08 AM

Shawn Arnone was promoted to Group Head – Senior Vice President of the newly-formed Manufacturer & Government Alliances business division at Key Equipment Finance. In this role, he will oversee the group’s government finance activities, which include... Read Story

May 26, 2023, 06:00 AM

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new... Read Story

May 25, 2023, 06:00 AM

Clarus Capital completed a new $25 million lease facility for a sponsor-backed precision components manufacturer. Financing proceeds will support the installation of new essential use production equipment across multiple facilities.Clarus CEO Steve... Read Story

May 22, 2023, 06:00 AM

Clarus Capital completed the arrangement of a $70 million lease facility for a leading sponsor-backed transportation service provider. Financing proceeds supported strategic growth initiatives and fleet expansion. Clarus funded half of the facility... Read Story

May 15, 2023, 07:29 AM

Gibraltar Business Capital (GBC) announced the launch of its new equipment financing business, Gibraltar Equipment Finance (GEF). GEF provides term financing solutions complementing GBC’s asset based lending products and furthers GBC’s strong track... Read Story

March 15, 2023, 08:00 AM

Utica Equipment Finance announced the completion of three transactions totaling $10.15 million in the first week of March.  $1.38MM Capital Lease secured by construction and material handling equipment to a company located in Texas. The lessee... Read Story

March 15, 2023, 07:24 AM

Encina Equipment Finance announced it has changed its name to Post Road Equipment Finance, LLC. As part of the name change, the company has revamped and redesigned its website to incorporate the new company name ( name change... Read Story

March 13, 2023, 08:00 AM

Solifi announced the release of the 2023 Global Leasing Report. This one-of-a-kind report provides detailed analysis of the top 50 leasing markets worldwide, providing historical data insights, economic projections, and trends. Solifi has been... Read Story

March 01, 2023, 07:10 AM

Stonebriar Commercial Finance closed a $22 million sale and leaseback on a new manufacturing plant and associated equipment that has the capacity to produce 100-million pounds of protective coating for automotive OEM and aftermarket space. This... Read Story

February 27, 2023, 07:15 AM

NFS Leasing, a privately-held leader in equipment finance across the U.S. and Canada, achieved 32% year-over-year growth of originations in 2022. "The success we achieved in 2022 is a testament to the strength of our team, our agility in responding... Read Story

February 15, 2023, 07:00 AM

Sweet Leaf Madison Capital (SLMC), a nationwide provider of customized debt solutions for the middle-market cannabis industry, added GrowersHouse, a cultivation equipment supplier, and CannaCribs Horticulture Consulting, their design and consulting... Read Story

February 13, 2023, 06:00 AM

Loeb continues its long history of supporting companies in transitional financial states with $6.8 million in machinery and equipment loans in the fourth quarter of 2022. These loans will help the four businesses continue to operate smoothly by... Read Story

January 27, 2023, 07:15 AM

Utica Equipment Finance announce the completion of six transactions totaling $11.78 million in the month of November: $7.5 million refinance secured by machinery and equipment to a technology company located in California. By consolidating two... Read Story

December 15, 2022, 07:44 AM

Solifi, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Originations for European equipment and automotive finance lenders. The new features are designed to support UK contract-hire use... Read Story

December 13, 2022, 07:39 AM

Trinity Capital entered into an agreement to co-manage a newly formed joint venture, i40, LLC (the "JV"), with certain funds and accounts managed by a specialist credit manager with over $5 billion of assets under management. The JV will invest in... Read Story

December 08, 2022, 07:36 AM

Stonebriar Commercial Finance closed a $75 million sale and leaseback of beverage production and packaging equipment for a market-leading co-manufacturer of high-growth beverages in the U.S. The lease proceeds will be used to support the lessee’s... Read Story

November 29, 2022, 07:33 AM

Liberty Commercial Finance LLC has changed its name to Wingspire Equipment Finance LLC, adopted a new logo, and redesigned its website as it integrates with parent company Wingspire Capital Holdings LLC. Earlier this year, Wingspire Capital acquired... Read Story

November 22, 2022, 07:55 AM

Santander Bank announced the expansion of its Commercial Equipment and Vehicle Finance business to include commercial equipment financing to healthcare organizations. The new, nationwide offering will provide financing for state-of-the-art medical... Read Story

November 18, 2022, 07:50 AM

Houlihan Lokey announced the appointments of Matthew Hudson and Spencer Lippman as Managing Directors in the firm’s Business Services Group, bolstering its coverage of the equipment-as-a-service sector. Mr. Hudson, serving as Head of... Read Story

November 01, 2022, 07:40 AM

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new... Read Story

September 26, 2022, 07:30 AM

Wheels Donlen, a fleet financing company backed by Apollo, announced the launch of a new equipment finance business that will be focused on providing dynamic funding solutions to the mid-market, large corporate and financial sponsor segments.... Read Story

September 22, 2022, 07:34 AM

SSG Capital Advisors, LLC (SSG) acted as the investment banker to Additive Circuits Technologies, LLC, and its affiliates (ACT or the Company) in the placement of an equipment financing facility with Liberty Commercial Finance LLC. The facility... Read Story

August 05, 2022, 07:43 AM

Encina Equipment Finance (EEF) announced it has provided a $10 million lease line for a global manufacturer of threads and fabrics. The funds will be utilized for the purchase of new manufacturing equipment.EEF was represented by Reed Smith LLP.For... Read Story

June 20, 2022, 07:45 AM

Encina Equipment Finance added Li Flynn to its Risk team as a Vice President. As a Vice President on Encina Equipment Finance’s Risk team, Flynn will primarily be responsible for new business underwriting and will also have portfolio management... Read Story

April 13, 2022, 07:00 AM

Star Hill Financial, a certified Women Business Enterprise based in Fairfield, Connecticut, announced first quarter fundings totaling over $26.0 million across its Equipment Finance and Franchise Finance divisions.“After building out our team and... Read Story

April 11, 2022, 07:00 AM

Castlelake, a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, and Chesswood Group, a specialty finance company with 40 years of experience in the commercial equipment finance market, announced... Read Story

March 17, 2022, 07:39 AM

This year’s Global Leasing Report is an exciting update for the industry, covering the status of global leasing markets in the months following the breakout of COVID-19. This one-of-a-kind report provides the data leasing firms need to understand the... Read Story

March 02, 2022, 06:15 AM

Peoples Bancorp Inc. announced its wholly owned subsidiary, Peoples Bank, has entered into a definitive agreement to acquire Vantage Financial, LLC, a nationwide provider of equipment financing headquartered in Excelsior, MN. Under the terms of the... Read Story

February 17, 2022, 08:04 AM

Encina Equipment Finance, LLC (EEF) announced the promotion of Jaime Soter to Senior Vice President and Team Leader and Helen Steinberg to Vice President.As Senior Vice President and Team Leader, Soter will have responsibility for mentoring and... Read Story

February 01, 2022, 07:45 AM

CIT Group announced its Capital Equipment Finance business has hired three new business development leaders to support clients and growth in the equipment finance market.Thomas Linebarger, Scott Ryan and Erick Berreondo have joined CIT’s Capital... Read Story

December 08, 2021, 07:48 AM

First Financial Bancorp. announced it has entered into an agreement to acquire Cincinnati, OH-based Summit Funding Group, Inc., the fourth-largest independent equipment financing platform in the United States. "We are very excited to join forces with... Read Story

December 08, 2021, 07:45 AM

1st Commercial Credit, LLC, a nationwide funding company that specializes in accounts receivable factoring and trade payable financing, has introduced an equipment financing program for various size companies, credit score ranges and industries. 1st... Read Story

November 22, 2021, 06:20 AM

CIT Group announced that the Industrial group within its Equipment Finance business has provided about $4.4 million in financing toward the acquisition of multiple pieces of heavy equipment.The equipment consists primarily of yard loaders and... Read Story

October 20, 2021, 07:35 AM