News

ENGS Commercial Finance launched version 3.0 of the ENGS Mobile App to improve the user experience and self-service capabilities. The platform offers a one-stop location for customers to manage their accounts from their mobile devices.

Regions Bank launched its Multi-Assets Solutions Group, the result of combining the bank’s investment research group with the research team from Regions subsidiary Highland Associates.

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 United States.

FTAI Aviation entered into an amendment to the second amended and restated credit agreement dated as of Sept. 20, which provides for an increase in the form of additional revolving commitments by Citizens Bank.

The World Benchmarking Alliance (WBA) named BMO the world’s top ranked financial institution based on its 2022 Financial System Benchmark, a new global benchmark to assess how firms are helping make progress in support of a just and sustainable economy.

Second Wind Consultants facilitated a UCC Artirle 9 reorganization of an oil field services company that allowed the company’s lender, Crestmark, to recover full asset valuation of $5.25 million without formal liquidation and GemCap to refinance Crestmark out of the...

Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by Kapitus Asset Securitization II LLC, Series 2022-3. This transaction is the fifth securitization for Kapitus, formerly known as Strategic Funding Source.

Ocean Bank’s factoring division funded a $5 million factoring facility for an importer and distributor of Hispanic food brand products.

The United States Bankruptcy Court for the District of Nevada confirmed the Chapter 11 plan of reorganization under which PrairieFire will acquire 100% of the equity of Front Sight Management.

Liberty Commercial Finance rebranded as Wingspire Equipment Finance, adopted a new logo and redesigned its website as it integrates with parent company Wingspire Capital, which acquired Liberty earlier this year.