PEAC Solutions, a multinational asset and vendor finance platform, and Bepensa Capital, the holding company of FinBe ABC, an independent financing company in Mexico, entered a partnership to provide financing...
Photo by Ismail Rajo/iStock The time has come for the long-awaited FedNow launch. As community banks navigate this process, there are plenty of resources available to answer questions and provide...
United Community Banks promoted Mike Bruman to CEO of its subsidiary, Navitas Credit. Bruman is succeeding Navitas founder and CEO Gary Shivers, who officially retired on Feb. 28. Bruman joined...
Photo by Chris Williams For community banks, marketing often points to finding ways to educate, support and grow community, as well as customer knowledge and awareness. True relationships withstand the...
MassMutual plans to transition MassMutual Asset Finance (MMAF) and its direct private investments division (DPI), which provides fund financing, to Barings, an investment manager and subsidiary of MassMutual “We are...
36th Street Capital Partners, an independent provider of equipment financing solutions for middle-market companies, appointed Cecile Latouche chief risk officer. Latouche officially joined 36th Street Capital Partners in 2022 and...
Corcentric Capital Equipment Solutions (CCES), a business of Corcentric and provider of capital equipment, fleet procurement, supply management and remarketing services, established an equipment finance funding agreement with Customers Commercial Finance, an...
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for January was $8.8 billion, up 6% year over year from new...
First Citizens Bank rebranded its vendor equipment financing business to First Citizens Bank Equipment Finance. Formerly known as CIT Business Capital, the vendor finance business became a part of First...
Solifi announced the addition of a German transport equipment manufacturer to its European asset finance customer base. Under the new pan-European agreement, Solifi will implement its end-to-end originations and portfolio...
