Commercial Capital reports record $174M in originations in 2024
Equipment financier Commercial Capital Co. reached new heights in 2024 as it capitalized on increased equipment investment. The Lenexa, Kan.-based ...
Tag: commercial financing
Equipment loan originations spike 8% in December
Equipment loan originations soared in December, with the banking sector registering its largest month-over-month increase on record. The equipment finance ...
Abrigo acquires IFS to expand loan automation solutions
Abrigo, a compliance, credit risk and lending solutions provider, has bolstered its loan origination and management platform by adding equipment ...
Alliance Funding Group, Lightbrook form new venture
Equipment financiers Alliance Funding Group and Lightbrook have formed a new entity to provide streamlined financial solutions that support large ...
Midland, Banc of California shrink equipment finance portfolios in 2024
Several lenders shrunk their equipment finance and leasing portfolios in 2024 while grappling with increased charge-offs, highlighting challenges facing some ...
Independent lenders fill ‘critical gaps’ as banks pull back
Independent equipment lenders are capitalizing on their flexibility and personalized service to fill funding gaps created by banks’ growing conservatism. ...
First Busey Corp. receives approval for CrossFirst merger
First Busey Corporation, the holding company for Busey Bank, announced it has received Federal Reserve approval to acquire CrossFirst Bankshares, ...
Rent-to-rent rentals key to equipment business development
ORLANDO, Fla. — Equipment rentals for the primary purpose of re-renting are a key component to successful development of an ...
