ENGS Commercial Finance promoted Bryan Bellows to region director for the Great Plains region within its transportation sales division and Ronnie Griggs to regional manager within the transportation sales division.
ENGS Commercial Finance’s working capital subsidiary, ENGS Commercial Capital, is now offering floor plan financing to qualified dealers and equipment manufacturers.
ENGS Commercial Finance’s working capital subsidiary, ENGS Commercial Capital, closed and funded a $30 million non-recourse factoring facility for a market technology services company.
ENGS Commercial Finance reported its most successful year in the company’s history. ENGS financed a total of $687 million of equipment transactions, a 35% year over year increase, purchased $130 million in invoices in its working capital business and produced more than $5 million in insurance premiums. “ENGS Commercial Finance has grown tremendously since the […]
In December, ENGS Commercial Finance funded a single month record of $115 million, and for the quarter, ENGS funded $222 million — a 72% monthly/44% quarterly increase in year over year originations.
Andrew Osborn joined ENGS Commercial Capital, a subsidiary of ENGS Commercial Finance, as executive vice president, director of sales.
ENGS Commercial Finance has closed on a new revolving credit facility with Wintrust Commercial Banking for its factoring subsidiary, ENGS Commercial Capital.
T.J. Gill has joined ENGS Commercial Finance as vice president, business development manager to the company’s factoring subsidiary, ENGS Commercial Capital.
ENGS Commercial Finance expanded its factoring subsidiary, ENGS Commercial Capital, and added two new offices.
Engs Commercial Finance has closed a $100 million securitization warehouse facility with the Bank of Montreal as lender and BMO Capital Markets as agent.