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 ...
Tag: regional banks
Q&A with … EverBank’s vendor equipment finance team
EverBank is aiming to tap into a growing marketplace with the addition of a materials handling team to its vendor equipment finance business. The Jacksonville, Fla.-based lender’s expanded materials handling offering positions it to ...
CFPB proposes Section 1071 revisions, narrowing scope of data collection
The Consumer Financial Protection Bureau is proposing major revisions to its Section 1071 small business lending rule, aiming to simplify ...
Regional banks vow ‘one-offs’ truly were blips rather than omens
Regional banks that reported earnings this month have a unified message about their recent back-to-back credit hits from bankruptcies and ...
FNB, Huntington, PNC see lease financing growth
First National Bank, Huntington Bank and PNC Bank grew their equipment lease financing portfolios during the third quarter. FNB equipment ...
Flagstar’s leadership shift sharpens equipment finance focus
Flagstar Bank is realigning its commercial division, unifying its secured lending businesses into one specialty finance brand. Uniting the bank’s ...
Eagle Point, Apple Bank launch Newton Commercial Finance
Eagle Point Credit Management and Apple Bank have formed Newton Commercial Finance, a new platform focused on providing customized infrastructure ...
PNC Financial Services acquires FirstBank for $4B
Equipment lenders, dealers and rental houses participated in an active mergers and acquisitions market during September. PNC acquires FirstBank PNC ...
