Equipment repair platform Heave receives $7M Series A funding
Heave, an on-demand heavy equipment repair platform, has raised $7 million in a series A funding round led by Outsiders ...
Tag: capital markets
Norway wealth fund excludes Caterpillar over West Bank links
Norway’s $2 trillion sovereign wealth fund excluded heavy-equipment maker Caterpillar Inc. based on Israel’s use of its bulldozers to destroy ...
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 ...
NextGear Capital salvage, heavy-duty truck portfolios grow 51%
Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth ...
Paccar Financial grows revenue, assets despite parent’s sales decline
Paccar Financial Services, the financial arm of truck manufacturer Paccar, increased revenues and financial services assets during the second quarter ...
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 ...
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 ...
GreatAmerica acquires Heritage Bank in national bank bid
GreatAmerica Holdings, the parent company of GreatAmerica Financial Services, announced it has agreed to acquire Heritage Bank, opening the door ...
