Short to succeed Murphy as CEO at 1st Source
1st Source Corporation announced a planned leadership transition effective Oct. 1 as longtime Chairman and CEO Christopher J. Murphy III...
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Lender Operations
Transport Enterprise Leasing launches customer portal
Transport Enterprise Leasing (TEL) has launched a new customer portal designed to improve fleet management. The portal offers real-time access...
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Equipment finance originations dip 7.4%
Equipment finance originations decreased in June amid ongoing economic uncertainty. New business volume in equipment finance totaled $9.6 billion in...
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Digital contracting jumps as financing conditions improve
Digital contracting in equipment finance grew during the second quarter amid increased financing activity. Wolters Kluwer’s e-contracting index increased 9.9%...
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Kapitus closes $250M ABS, upsizes corporate note to $95M
Independent commercial equipment financier Kapitus increased its financing capacity through a new asset-backed securitization and upsized a corporate note. Kapitus...
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Wingspire hits record $500M in corporate finance loans at midyear
Wingspire Capital, an equipment finance provider, closed 12 transactions totaling more than $500 million through its corporate finance unit during...
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Tariffs, tax breaks, distress shape equipment lenders’ outlook
After an uneven start to 2025, equipment lenders are cautiously optimistic about the second half of the year amid ongoing...
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Regional lenders report lease financing, C&I loan growth
Regional equipment financiers Western Alliance Bank, Huntington Bank and PNC Bank experienced a rise in their lease financing and commercial...
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