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News Stories (23 Results) - Equipment Finance News

SLR Equipment Finance announced Phil Priolo has joined our company as a Senior President of Business Development. In his role, Phil will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers along the east coast of... Read Story
May 17, 2022, 07:40 AM


Wingspire Capital appointed Doug Sylvia to the newly created role of Chief Risk Officer for its Wingspire Equipment Finance platform (“WEF”).Wingspire recently launched WEF to provide flexible equipment finance solutions for middle market customers... Read Story
May 10, 2022, 08:00 AM


Encina Equipment Finance added Tina Pugliese to its Finance team as Vice President and Assistant Controller. As Vice President and Assistant Controller on Encina Equipment Finance’s Finance team, Pugliese will primarily focus on accounting and... Read Story
April 18, 2022, 07:41 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


J.P. Morgan Commercial Banking has named Linda Redding its new Head of Equipment Finance and announced expanded responsibilities for Mac Fowle as its Head of Capital Finance Solutions. Redding will lead a team responsible for helping overseeing... Read Story
April 04, 2022, 08:02 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


SLR Equipment Finance, formerly known as Nations Equipment Finance, announced it has hired Steve Sanders as Senior Vice President of Business Development. In his role, Sanders will be responsible for growing SLR Equipment Finance’s leasing and... Read Story
March 15, 2022, 07:40 AM


Utica Equipment Finance completed three transactions totaling $5,150,000 in the first half of March. $1,250,000 capital lease secured by a hypercar and support vehicles to transport and deliver the vehicle. Utica was able to provide them working... Read Story
March 15, 2022, 07:15 AM


Great Elm Capital Corp. (GECC), a business development company, launched Great Elm Utica, LLC (“GEU”), a joint venture between GECC and Utica Leaseco (“Utica”), to co-invest in proprietary equipment financing transactions sourced by Utica.Founded in... Read Story
March 07, 2022, 07:59 AM


North Mill Equipment Finance (NMEF) announced the closing of its fifth commercial equipment backed securitization (ABS), NMEF Funding 2022-A (NMEF 2022-A). The $371,070,000 transaction represents North Mill’s largest ABS issuance to date, surpassing... Read Story
March 07, 2022, 07:15 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


MidCap Business Credit has formed a new entity MidCap Equipment Finance LLC and has retained a team of seasoned investment professionals to begin offering equipment loans and leases to middle market companies in the U.S. and Canada. This new product... Read Story
February 11, 2022, 08:00 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


Clarus Capital hired Matt Worman as Managing Director and Head of Direct Investment Origination. In this role, he will lead the firm’s business development activities with responsibility for generating new financing opportunities with mid-sized... Read Story
January 24, 2022, 07:39 AM


Big Shoulders Capital provided a $1,500,000 equipment term loan to a Utah-based resort developer. The loan was secured by the developer’s fleet of construction equipment. The developer is building a luxury community on 5,000 acres outside of Park... Read Story
January 18, 2022, 07:28 AM


American Bank announced the acquisition of ACG Equipment Finance (ACG), a fully integrated direct equipment financing company headquartered in Austin, TX. The acquisition is another milestone in American Bank’s growth strategy, enhances the bank’s... Read Story
January 07, 2022, 07:14 AM


First Financial Bancorp. announced it has completed its previously announced acquisition of Cincinnati-based Summit Funding Group, Inc., the fourth largest independent equipment financing platform in the United States. “We are excited about the... Read Story
January 04, 2022, 07:35 AM


Commercial Credit, Inc. (CCI), a Charlotte, NC-based equipment and accounts receivable finance company and the parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., announced it has acquired Keystone Equipment Finance Corp... Read Story
December 27, 2021, 07:40 AM


Clarus Capital announced it has launched as a new commercial finance company focused on delivering efficient capital solutions to finance tangible assets for leveraged middle market companies. Clarus offers lease and loan products with various end-of... Read Story
December 15, 2021, 08:07 AM


Commercial Equipment Finance, an independent commercial equipment finance company headquartered in Puerto Rico, closed a $90.9 million asset-backed security (ABS) transaction. The proceeds will be used to pay down existing warehouse lines and for... Read Story
December 01, 2021, 07:00 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


Delta Financial Group, an equipment finance platform that provides capital for enterprise-level, business-critical equipment, has received a significant strategic growth investment from an affiliate of Peak Rock Capital, a leading middle-market... Read Story
September 22, 2021, 06:52 AM