US housing starts drop to the weakest pace since 2020
New residential construction in the US slowed to the weakest pace in six years, driven by a steep decline in ...
Tag: commercial financing
Truist names Michael Lyons CEO to replace Bill Rogers
Truist Financial named Michael Lyons its next president and chief executive officer effective Sept. 1, succeeding Bill Rogers as part of a planned leadership transition. Rogers, ...
Accord Financial extends bank facility amid debt refinancing push
Accord Financial extended its senior bank facility to Oct. 31 as the Canadian commercial finance company works to refinance debt and ...
Solifi plans transition to AI-native SaaS provider
Fintech Solifi is working to prove that AI and agentic AI tools can coexist with traditional SaaS workflows. Amid fears of a “SaaSpocalypse” in ...
Wafra acquires Navitas Credit for $1.9B
Alternative asset manager Wafra has agreed to acquire equipment finance provider Navitas Credit from United Community Bank for approximately $1.9 ...
Lendscape launches AI platform to automate equipment finance
Lendscape has launched its Model Context Protocol Server, a new AI platform designed to help equipment finance providers automate servicing, ...
Compeer Financial, PepsiCo launch strip-till financing program
Compeer Financial and PepsiCo have launched a pilot financing program designed to help farmers acquire strip-till equipment and adopt soil ...
Mitsubishi HC Capital America reports record structured finance deals
Mitsubishi HC Capital America reported a record 32 transactions for its structured finance and leasing business during its fiscal year ...
