Accord extends credit facility, seeks debenture amendments
Accord Financial has reached an agreement with its lending syndicate to extend its main credit facility by eight days as ...
Tag: lender operations
Non-domicile CDL crackdown strains truck dealers, lenders
The federal crackdown on non-domiciled commercial drivers and English-proficiency requirements are hampering dealer truck sales while putting lenders on high ...
Community First Credit Union acquires First Southern Bank
Truck dealers and equipment lenders led M&A activity in the equipment sector during November as companies look to improve their ...
North Mill acquires Midland equipment finance portfolio for $502M
North Mill Equipment Finance has acquired Midland State Bank’s equipment finance portfolio for $502 million in cash following Midland’s exit ...
Inside the Huntington, Octane OPE deal
Huntington National Bank and powersports lender Octane will launch a one-stop digital finance platform for outdoor power equipment consumers, dealers ...
Silicon Valley Bank provides growth capital facility to tech provider Lumafield
Technology provider Lumafield has received a $50 million growth capital facility from Silicon Valley Bank, a division of First Citizens ...
CNH Industrial downgraded at Fitch amid ag downturn
Fitch Ratings downgraded CNH Industrial to BBB from BBB+ and kept the outlook stable, citing a deeper and longer-than-expected agricultural ...
12 more freight carriers go bankrupt amid lender pullback
Twelve more trucking companies filed for Chapter 11 bankruptcy in October, highlighting the embattled transportation finance sector. These freight carriers ...
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