CIT supplies Utopia Deals with $35M revolving credit facility
CIT’s asset-based lending business has inked an agreement with global retailer Utopia Deals to supply the company with a $35...
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Lender Operations
Trinity Capital enters joint venture with specialized credit manager
Trinity Capital has entered into a joint venture agreement with an unnamed specialist credit manager with more than $5 billion in...
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Inovatec partners with Clik2pay for lender debt collection
Lenders who work with cloud-based software solution provider Inovatec Systems can now collect payments using email and text due to...
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CIT director Harold Ray to join fireside chat at Equipment Finance Connect
Harold Ray, director of industrial finance, CIT Harold Ray, director of the industrial finance division at CIT, is set to...
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Equipment finance new business volume up 6%
Overall new business volume in the equipment finance sector in October jumped 6% year over year and 11% month over...
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Evaluating competency is key to hiring process, ex-Google recruiter says
ORLANDO, Fla. — Evaluating a candidate’s competency is key to the hiring process, and a step that financial institutions must...
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New federal statute eases burden on LIBOR transition
NEW YORK — A new federal statute tied to the Consolidated Appropriations Act should ease the burden on bank-regulated lenders...
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Financiers should watch for ‘stagflation,’ economist says
NEW YORK — Financiers need to keep an eye on “stagflation” as the cost of goods and services continues to...
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