News

Solifi, a financial technology software partner for the secured finance industry, launched a software-as-a-service-based lease and loan pricing solution for the U.S. equipment and automotive finance industries.

Last week, Fifth Third Bank hosted its sixth Supplier Diversity Summit, providing an opportunity for suppliers to explore best practices and connect with Fifth Third representatives and other corporate and community partners.

Altera Infrastructure and certain of its subsidiaries executed a restructuring support agreement (RSA) with approximately 71% of Altera’s funded debt obligations, which includes Brookfield and a super-majority of its bank lenders.

Mitsubishi UFJ Financial Group (MUFG) launched a direct lending group that will focus on providing loans to the bank's private equity sponsor clients to support their portfolio company LBO and recapitalization transactions. Matt Maley will lead the team.

Funding Circle and Farm Bureau Bank formed a partnership to provide capital to small business owners from all walks of life, including the agricultural community, across the country.

CIT Commercial Services, a subsidiary of First Citizens Bank, completed a $75 million factoring facility on behalf of a consumer products wholesaler.

British Car Auctions (BCA) extended its Solifi platform contract to support the expansion of its wholesale finance offering.

According to Biz2Credit’s latest Small Business Lending Index, small business loan approval percentages at small banks rose from 21.1% in June to 21.2% in July, while approvals at big banks (more than $10 billion in assets) dipped from 15.4% in...

Today, Monitor officially launched Monitor Suite, the preeminent subscription platform for exclusive premium equipment finance industry content. Upon launch, Monitor Suite subscribers gain immediate access to the 2022 Monitor 100, Monitor’s library of data reports and the first three episodes...

J D Factors recently provided $1.925 million in factoring facilities, including a $500,000 factoring facility to a transportation company in Quebec.