Coastal States Bank offers small business loan decisions in 48 hours
Coastal States Bank announced a small business loan program aimed at speeding access to capital for qualified businesses. Under the...
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Lender Operations
Dime launches equipment, franchise finance group
Dime Community Bancshares has launched an Equipment and Franchise Finance Group aimed at serving middle-market companies and experienced franchise operators....
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Cat Financial posts 10.1% revenue growth in Q1
Cat Financial reported first-quarter revenue growth as market conditions continue to improve. Cat Financial, the financial services subsidiary of equipment manufacturer Caterpillar, reported Q1 revenue of $947 million,...
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Trinity Capital provides up to $35M to Torus
Trinity Capital has committed up to $35 million in equipment financing to Torus, an energy technology company focused on energy...
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Divided Fed officials hold rates; Powell to stay as governor
Federal Reserve officials left interest rates unchanged, but revealed a deepening division over the outlook for policy amid increased uncertainty...
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New business volume hits record, up 18.6% YoY in Q1
Equipment finance demand remained strong in March despite a slight monthly slowdown, with first-quarter new business volume reaching a record...
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ELFA hires Kinney as SVP of policy, government affairs
The Equipment Leasing and Finance Association has appointed Susan Sullivan Kinney as senior vice president of policy and government affairs....
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Customers Bank taps OpenAI as equipment finance portfolio grows
Customers Bank is expanding its use of artificial intelligence through a multiyear collaboration with OpenAI, while continuing to grow its...
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