North Mill closes $525M ABS deal
North Mill Equipment Finance closed a $525 million asset-backed securitization, its largest to date and second this year. The deal...
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Lender Operations
Heron, KLC Financial bring AI to equipment finance with partnership
Heron Data has partnered with Minneapolis-based KLC Financial to bring artificial intelligence automation to equipment finance. The collaboration marks Heron’s...
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ROK Financial expands equipment financing programs
ROK Financial has expanded access to its nationwide equipment financing programs by providing funding to businesses in every equipment sector....
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Commercial Credit closes $75M notes offering
Independent commercial equipment financier Commercial Credit Inc. closed a $75 million unsecured notes offering. The investment-grade notes were placed with a...
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Lender M&A: Huntington expands Texas presence with $1.9B Veritex acquisition
Equipment lenders led merger and acquisition activity in July, as banks and independent financial institutions looked to expand market presence...
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BMO said to weigh $1 billion sale of transportation finance arm
Bank of Montreal is exploring a sale of its transportation finance business, which could fetch about $1 billion, according to...
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5 questions with … TAB Bank Equipment Finance SVP Tyson Law
TAB Bank’s equipment finance team continues to navigate challenges such as rising costs and lower freight rates in the small...
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First Citizens, Anderson UnderBridge launch vendor finance program
First Citizens Bank has entered into a vendor finance agreement with Anderson UnderBridge, a provider of underbridge access equipment used...
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