DLL closed DLLAA 2023-1, a U.S. securitization transaction, issuing notes totaling $1 billion. The notes are backed by loans and leases secured with new and used agricultural equipment originated by...
Bryan Jordan, chairman, president and CEO of First Horizon Corp., signed a five-year employment agreement with the company. “On behalf of the board of directors, I would like to say...
Crit DeMent, who led LEAF Commercial Capital as CEO from its creation to earlier this year, will step away from his current position as chairman of the company to retire...
Kroll Bond Rating Agency assigned preliminary ratings to five classes of notes issued by Verdant Receivables 2023-1 LLC (Verdant 2023-1), an equipment ABS transaction from Verdant Commercial Capital. Verdant Commercial...
TIAA completed the sale of TIAA Bank to private investors with experience in financial services and will now officially begin operating once more as EverBank under a new national bank...
LTi Technology Solutions, a provider of equipment finance software solutions, achieved Veracode Verified standard status. The Veracode Verified program provides third-party validation of a company’s secure software development processes from...
The increasing reliance on technology by equipment finance companies in virtually every aspect of their businesses makes investment in software solutions a critical consideration. To assist in the decision-making process,...
Alla Whitston joined Mitsubishi UFJ Financial Group (MUFG) as chief information officer for the Americas and Matt Abrusci joined as general counsel for the Americas. Whitston will be responsible for all IT strategy, infrastructure, architecture and...
Dynamic Capital Equipment Finance, a wholly-owned subsidiary of Progressive Capital Equipment Finance, secured a $55 million funding facility from Mitsubishi HC Capital Canada. Dynamic Capital Equipment Finance is an independent...
The Office of the Comptroller of the Currency, the board of governors of the Federal Reserve System and the Federal Deposit Corporation issued new rule proposals that would modify large...
