Feb 20, 2020: The small business solutions arm of CIT Group has launched a new version of its point-of-sale lending platform. The platform is available online and on mobile devices to simplify financing for small business purchases of $2,500 or more. Business ...

 

Feb 18, 2020: Commercial lending solutions provider Marlin Business Services announced net income of $8.4 million in Q4 2019, a rise of 31% compared to the year before. Jeffrey Hilzinger, president and chief executive officer at Marlin, explained: “Marlin concl...

 

Feb 14, 2020: Kawasaki Motors Finance Corporation has selected White Clarke Group’s CALMS Compass floorplan finance software to enhance the dealer experience. KMFC provides inventory financing services to the independent retail dealer network of Kawasaki Motors...

 

Feb 12, 2020: Analyst Fitch Solutions has predicted the global economy will grow by 2.7% in 2020. It forecasts a “slight uptick” of 0.1% compared to 2019, but warns of an increasing number of indicators that suggest a cyclical bottoming out of the economy, amon...

 

Feb 12, 2020: Energy giant Chevron has given the go-ahead for a deep-water oilfield project in the Gulf of Mexico. Known as the Anchor project, it will require an investment of around $5.7 billion and is said to be an industry-first for deep-water development. ...

 

Feb 06, 2020: Equipment finance new business volume rose 2% year-on-year in December 2019 to reach $12.9 billion, according to the US Equipment Leasing and Finance Association’s Monthly Leasing & Finance Index (MLFI-25). The 25 companies that participate in...

 

Feb 06, 2020: CIT Group’s power and energy division has arranged $42.8 million in debt financing to support NY Solar Farms, a 70-megawatt community solar portfolio in New York State. The portfolio is one of the largest of its type and includes 10 projects acros...

 

Jan 29, 2020: The Bank of America has met its carbon neutrality goal one year ahead of schedule after a major investment in renewable energy. The Bank has installed on-site solar capability at many of its facilities, including office locations and financial cen...

 

Jan 20, 2020: The early 2020 outlook for the US equipment leasing market is upbeat, according to data from the Equipment Leasing and Finance Foundation, which says business confidence is on the rise for the third month in a row. The Foundation’s January monthly...

 

Jan 20, 2020: Ally Financial has announced that Sathish Muthukrishnan has joined the company as chief information, data and digital officer, to lead its technology, data and digital transformation teams, with a focus on advanced technical capabilities including ...

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