Hitachi Capital America Rebrands as Mitsubishi HC ...
OCT 1, 2021 - 6:21 am. Mitsubishi HC Capital (U.S.A.), ENGS Commercial Finance and Hitachi Capital America, the North American commercial finance subsidiaries of Mitsubishi HC Capital, engaged in a collective rebranding following the birth of Mitsubishi HC Capital through the business integration of Mitsubishi UFJ Lease & Finance Company and ...
Articles - Monitordaily
The Times, They Are A-Changin’: The 2022 Amendments to the UCC. At least half of the U.S. states have adopted the 2022 Amendments to Article 9 of the Uniform Commercial Code focusing primarily on digital assets, electronic money and chattel paper, among other facets. Kenneth Weinberg outlines the highlights, impact and nuances of these ...
Rising to the Challenge: Vendor Finance Adapts to an Ever …
The vendor finance world has been shaken up by many challenges over the last couple years, including supply chain shortages, inflation, the COVID-19 pandemic, a continually evolving market and increasing interest rates. Monitor spoke with vendor finance leaders to get some perspective on these unprecedented fluctuations.
CIT Agrees to Acquire Direct Capital - Monitordaily
JUN 25, 2014 - 7:08 am. CIT Bank entered into an agreement to acquire Portsmouth, NH-based Direct Capital, a provider of financing to small and mid-sized businesses. The transaction will expand CIT’s small business and middle market lending and equipment leasing capabilities and will allow Direct Capital’s highly experienced team of ...
Bullen Outlines a New Strategy for Key Equipment Finance
Peter Bullen, recently appointed EVP and group head, outlines a new strategy that will continue KEF’s role as a dominant force in equipment finance. Supporting bank relationships is the centerpiece of Key Equipment Finance’s new go-to-market strategy, which fueled the bank’s recent decision to exit its commercial and municipal vendor ...
M&I To Be Renamed BMO Harris Bank After Acquisition
APR 6, 2011 - 10:30 am. Bank of Montreal (BMO) said it will rename its U.S. consumer lending business BMO Harris Bank, from Harris Bank, after it completes its $4.1 billion takeover of Marshall & Ilsley (M&I). Canada’s fourth-biggest bank will also reorganize its U.S. management structure, tapping M&I executives for new roles.
Signature Financial Launches New Business Lines, Appoints …
May 11, 2021 · Signature Financial, the specialty finance subsidiary of Signature Bank, launched two business lines: vendor industrial finance (VIF) and dealer lease and rental (DLR). Signature Financial chose Michael Mehosky to lead the VIF division and Michael Jones to …
Today’s News - Monitordaily
Nov 1, 2024 · First Citizens Bank Equipment Finance Names Eckles a Senior Program Manager. First Citizens Bank’s equipment finance group named Mark Eckles a senior program manager within its business development team, reporting to Joseph Turner, director of strategy and analytics for First Citizens Equipment Finance, according to a LinkedIn post from the company.
Alliance Funding Group’s Quest to Become the Next Big …
Mar 24, 2021 · The independent’s pursuit of capital is an ongoing story. But once an independent can attract the attention of the investor community, they are poised to ascend to the next level. With a recently announced closing of a $25 million ‘BBB’ rated corporate note financing, Alliance Funding Group (“AFG”) has set its sights on a path
4th Annual Women in Equipment Finance - Monitordaily
Lara Tolland. Nicole Torraco. Christine Vaughn. Amy Ventling Hester. Aggie Weber. Tracey Wehrs. Lynda Wilson. Jennifer Wirth. Monitor’s fourth annual women in equipment finance list highlights notable women within the industry that have been nominated by our readers and hand-selected by Monitor’s staff and editorial board.