Targeted Lending expands Wells Fargo facility to $125M
Equipment finance provider Targeted Lending has expanded its senior credit facility from Wells Fargo Capital Finance to $125 million, setting ...
Tag: commercial financing
Truist expands equipment finance ops with new head of structured credit
Truist Financial Corp. has appointed Mark Cuccinello head of structured credit to oversee asset-based lending, working capital solutions and equipment ...
TEN closes leasing agreement with USA Truck
Transportation Equipment Network announced it has closed a $50 million enterprise lease agreement with USA Truck to support the carrier’s ...
Wingspire Equipment Finance originations surge 66% in 2025
Wingspire Equipment Finance reported a record performance in 2025, with funding volume surging 66% year over year to $701.3 million. ...
State usury caps complicate equipment finance compliance
State usury laws vary widely and are compounding compliance challenges for equipment financiers due to their complexity and growing impact on commercial lending. Of more than ...
Elevex Capital closes $1B forward flow agreement with TPG
Elevex Capital has closed a forward flow agreement with global alternative asset manager TPG that provides the independent equipment finance ...
Trucking industry expects weak improvement in 2026
The financial health of the trucking industry in North America appears to be headed for weak improvement in 2026, with economic uncertainty continuing, even as capacity, utilization, freight and manufacturing are growing. ...
Fed served with DOJ subpoenas; Powell vows to stand firm
Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department ...
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