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Channel

Channel and CIBC Bank USA Expand Long-Term Financing Partnership to $135 Million

Hi there! Linked below is a press release announcing the closing of a new revolving credit facility with CIBC Bank USA, bringing CIBC’s total committed financing to Channel to $135 million. This commitment marks another milestone in Channel's long-standing relationship with CIBC and reflects the confidence they continue to place in our team. Please feel free to share across your relevant news platforms and reach out if you have any questions. Thank you!
Channel

A Triple Recognition for Channel’s Influential Leadership by Monitor

Minnetonka, MN, October 15, 2026 – Channel is proud to announce three members of its leadership team have been named to Monitor’s 2026 Most Influential People in Equipment Finance. The list is built entirely from peer and colleague nominations, so these leaders were put forward by the people who work alongside them.
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Alfa

Alfa announces Alfa Systems Release 6.1

Alfa has announced the latest version of Alfa Systems, the trusted SaaS platform at the heart of leading asset and auto finance operations.
QuickFi

Small-Ticket Equipment Finance Per-Transaction Processing Cost Climbs to $2,729 per Lease or Loan

FAIRPORT, N.Y. (October 12, 2026) — Total processing and overhead cost per booked small-ticket equipment finance transaction rose to $2,729 in 2025, up $322 from $2,407 a year earlier, according to a QuickFi® analysis of data compiled and recently released by the Equipment Leasing and Finance Association (ELFA) in its 2026 Survey of Equipment Finance Activity.
OCS Oakmont Capital Services / JA Mitsui Leasing Group
Oakmont Capital Services

Leonard Announces Departure from Oakmont Capital Services After 27 Years; Lecy Named CEO & President

Oakmont Capital Services (OCS), part of JA Mitsui Leasing Group, today announced that Joe Leonard, Founder, Chief Executive Officer & President, will depart the organization to pursue a new business venture after leading the company for more than 27 years. Daryn Lecy, currently Senior Vice President and Chief Operating Officer, has been appointed CEO & President, effective October 1. Leonard will remain in an advisory capacity through October 31 to support a seamless leadership transition.
DLL

DLL Equipment Showroom Surpasses €75 Million in Sales Since Launch

Eindhoven, Netherlands – September 24, 2026 – DLL, a global provider of asset-based financial solutions, announced its Equipment Showroom platform has generated more than €75 million in sales since its launch in 2023. The platform continues to connect businesses across Europe with quality used equipment, demonstrating strong customer demand, effective value recovery, and sustained growth in a challenging market. 
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QuickFi

QuickFi® Named Best SME Banking Solutions Provider at the 2026 Global BankTech Awards

NEW YORK (Sept. 24, 2026) — QuickFi® has been named Best SME Banking Solutions Provider by a Vendor – Overall at the 2026 Global BankTech Awards, presented by The Digital Banker. The award was announced today at the awards' virtual gala, hosted from Singapore. It is QuickFi's third consecutive year of recognition at the Global BankTech Awards, following Best PaaS (Platform as a Service) Provider of the Year in 2024 and wins in two categories — Best PaaS Provider of the Year and Best SME Banking Solution — in 2025. The award also follows QuickFi's 2026 Finovate Award for Best SMB/SME Banking Solution, announced Sept. 10 in New York.
Kin Analytics / TomorrowZone

Kin Analytics and TomorrowZone® Partner to Turn AI Adoption into Business Outcomes in Equipment Finance

On September 21, Kin Analytics and TomorrowZone are announcing a strategic alliance aimed at the gap between AI adoption and AI outcomes in equipment finance: two years of approved budgets and launched pilots, without a clear answer on where AI actually creates value. TomorrowZone does the clarity work before an initiative starts, covering problem definition, leadership alignment and readiness. Kin picks it up on the credit side through its forward deployment model, with engineers and credit risk specialists embedded in client operations from day one.
QuickFi
QuickFi

QuickFi® Named a Finalist in Two Categories at the 2026 Banking Tech Awards

LONDON (Sept. 15, 2026) — QuickFi® is a finalist in two categories at the 2026 Banking Tech Awards: Best AI Solution in Lending and Best Digital Solution Provider – LendTech, the category it won in 2024. FinTech Futures, which runs the awards, announced the shortlist today; winners will be named Dec. 3 at the Hilton Park Lane. It is QuickFi's third consecutive year of recognition at the awards, following the 2024 win and a Highly Commended for Best Embedded Finance System in 2025. QuickFi is one of three finalists for Best AI Solution in Lending and one of seven for Best Digital Solution Provider – LendTech, a field that includes Finastra and LoanPro.
OCS Oakmont Capital Services / JA Mitsui Leasing Group
Oakmont Capital Services

OCS Promotes Tammy Crozier and Kendra Kalthoff

Oakmont Capital Services (OCS) is proud to announce the promotions of Tammy Crozier to Assistant Controller and Kendra Kalthoff to Customer Service & Insurance Supervisor.
LTi Technology Solutions

LTi Technology Solutions Welcomes Chris Benes as Sales Executive

LTi Technology Solutions (LTi), a leading provider of lifecycle software solutions for the equipment finance industry, today announced that Chris Benes has joined the company as Sales Executive, strengthening the team as LTi continues to grow its presence and deepen relationships within the equipment finance industry.
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QuickFi

QuickFi® Wins 2026 Finovate Award for Best SMB/SME Banking Solution

NEW YORK (Sept. 10, 2026) — QuickFi® has won the 2026 Finovate Award for Best SMB/SME Banking Solution. Finovate announced the award today, during FinovateFall week in New York City, where QuickFi also demonstrated its platform live on stage this week. QuickFi was chosen from a finalist field of six that included Visa, Fundbox, Candescent, Akbank and ANNA Money. It is the company's fourth Finovate Award, following Best SMB/SME Banking Solution in 2022 and Best Embedded Finance Solution in 2023 and 2024.
LTi Technology Solutions (LTi)

LTi Technology Solutions Names Amy Manning Chief Customer Officer

LTi Technology Solutions (LTi), a leading provider of lifecycle software solutions for the equipment finance industry, announced that Amy Manning has been named Chief Customer Officer (CCO). In this role, she will lead the company’s full post-sale customer experience, including Customer Success, Professional Services, and Customer Support, and will serve as a member of the executive leadership team.
Channel

Channel Elevates Krogen to Head of Sales

Channel, a national leader in equipment finance and working capital solutions, today announced the promotion of Cory Krogen to Head of Sales.
DLL

DLL Closes Second Securitization Transaction of 2026

DLL, a leading global vendor finance company, announced the closing of its second U.S. Asset Backed Securitization (ABS) of 2026, “DLLAA 2026-1,” issuing notes totaling USD 626 million, including a tranche retained by DLL.
Maxim Commercial Capital

Michael Beswick Joins Maxim Commercial Capital as Chief Technology Officer

Maxim Commercial Capital (“Maxim”) is pleased to announce Michael “Bez” Beswick has joined the company as Chief Technology Officer. Beswick brings over 15 years of experience as a technical architect and consulting practice lead across many industries to guide Maxim’s technology strategy, systems architecture, data, and AI roadmap.
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Liventus

Content Marketing Manager

Lendscape has named Liventus its implementation and migration partner for Equipment Finance customers in the US, covering configuration through go-live.
Liventus

Lendscape Names Liventus as Implementation Partner

Lendscape, a leading global provider of commercial finance technology, today named Liventus as a trusted partner providing implementation and data migration services for its equipment finance customers in the United States.
Channel

14 for 14: Channel Named Inc. 5000 Fastest-Growing Private Company Again

Channel has been named to the Inc. 5000 list of America's fastest-growing companies for the 14th consecutive year. This streak reflects the company's continued investment in its people, partnerships, and a culture built on doing the right thing while helping small businesses access the capital they need to grow.
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Maxim Commercial Capital

Maxim Commercial Capital Streamlined Credit Operations in H1 2026

Maxim Commercial Capital (“Maxim”) announced significant improvements to its intake, underwriting, and funding processes during the first half of 2026. The company launched a new credit matrix resulting in competitive pricing for B-to-D credits and simplifying communication with borrowers, finance brokers and equipment vendors.
Brean Capital, LLC

Brean Capital Extends and Upsizes Corporate Notes to $23.0 Million for Blue Bridge Financial

Blue Bridge Financial, Inc. (Blue Bridge) a leading independent commercial equipment finance company, announced the successful extension and upsize of its corporate notes to $23.0 million. Blue Bridge will use the additional capital to support ongoing growth and for general corporate purposes. Brean Capital, LLC served as the Company’s exclusive financial advisor and sole placement agent in connection with the transaction.
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Amur Equipment Finance

Amur Launches Deal Sense, a First-of-its-Kind AI Capability

Amur Equipment Finance today announced the launch of Deal Sense, a first-of-its-kind AI capability that turns a credit application into insight in minutes. Deal Sense is the fastest first look in equipment finance, delivering Amur’s most valued partners a complete read on each opportunity and the power to deliver seamless outcomes for their customers.
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Merchants Bank

Merchants Financial Group, Inc., Announces Second Quarter Year-to-Date Earnings of $16.59 Million

Merchants Financial Group, Inc. (MFGI) announced net income of $16.59 million through the second quarter, according to MFGI President & CEO Gregory M. Evans.Merchants’ strong performance for the quarter was optimized due to the strength of the Company’s balance sheet, balanced performance from diverse business lines, and increased interest and fee income.
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Amur Equipment Finance

Amur Completes its 16th Term Securitization

Amur Equipment Finance, Inc. announced the successful completion of its 16th term securitization, issuing $406.02 million in notes backed by equipment loans and leases originated through its platform. This securitization transaction was met by very strong demand across the capital structure, attracting approximately $2.56 billion in total investor orders. The investor response is a great indicator of their appreciation of the quality of our customer experience and the efforts that have supported that experience.
QuickFi

QuickFi® Named 2026 Finovate Awards Finalist for Best SMB/SME Banking Solution

New York, New York (July 22, 2026) — QuickFi®, the AI-powered platform for 100% digital business equipment financing, has been named a finalist in the 2026 Finovate Awards for Best SMB/SME Banking Solution. Winners will be announced September 10, 2026, at FinovateFall in New York City. The Finovate Awards recognize the banks, fintech companies, and innovators driving meaningful change in financial services. QuickFi was named alongside finalists including Visa, Fundbox, Candescent, Akbank, and ANNA Money. This recognition marks QuickFi's fourth Finovate Awards honor, following wins for Best SMB/SME Banking Solution (2022) and Best Embedded Finance Solution (2023 and 2024). "Small businesses deserve equipment financing that works the way the rest of their digital lives do — instant, transparent, and available 24/7," said Bill Verhelle, CEO of QuickFi. "Being named a finalist alongside companies like Visa reflects our team's work bringing bank-grade embedded lending to the OEMs and financial institutions that serve small business America." QuickFi will also demonstrate its platform live at FinovateFall 2026. About QuickFi: QuickFi® by Innovation Finance USA LLC is the award-winning, patented AI platform for 100% digital, end-to-end business equipment financing, serving global OEMs and banks with embedded lending and agentic AI. Learn more at quickfi.ai. Media Contact: Joseph Vu, SVP Marketing, [email protected], 585-207-0279
CLFP Foundation

CLFP Foundation Celebrates First Canadian CLFP Cohort and first CCLFPs

In 2025, the Canadian Finance & Leasing Association (CFLA), in collaboration with the CLFP Foundation in the United States, brought the CLFP course, Exam, and designation to Canada. The Canadian Certified Lease & Finance Professional (CCLFP) designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the commercial equipment finance industry in Canada. As such, the Certified Lease & Finance Professional (CLFP) Foundation is pleased to recognize the first recipients of the certification.
CLFP Foundation

CLFP Foundation Welcomes 19 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation is pleased to welcome its newest class of CLFPs: 19 industry professionals who have demonstrated mastery of the equipment finance body of knowledge by passing the rigorous CLFP Exam. Representing diverse companies and roles across the industry, these individuals have joined an elite community united by a commitment to professional excellence and ethical practice. They are:
Channel

Channel Celebrates 5th Consecutive Top 200 Workplace Listing

Channel has been named a Minnesota Star Tribune Top 200 Workplace for the fifth consecutive year, recognizing its strong workplace culture and employee experience. The honor is based entirely on anonymous employee feedback and reflects Channel’s commitment to integrity, teamwork, and creating a supportive environment where employees can thrive. The recognition adds to the company’s growing list of workplace awards, including a spot on the 2026 USA TODAY Top Workplaces list.
Navitas Credit Corp.

Wafra Announces Acquisition of Navitas Credit Corp.

Wafra has agreed to acquire equipment finance company Navitas Credit Corp. from United Community Bank for approximately $1.9 billion in cash, with Navitas’ current management team remaining in place after the transaction closes. The deal, expected to be completed in the third quarter of 2026, positions Navitas for continued growth as an independent company with additional financing support from Bank of America and Wells Fargo.
Channel

Channel Successfully Completes 8th ABS Securitization

The transaction marks Channel's first AAA rating to date, attracting ~$740M in orders from 23 investors. This is a firm demonstration of continued trust and interest in Channel's issuances by the investor community.
DLL

DLL’s 2025 net profit affected by ongoing market volatility

Global vendor finance company DLL reported resilient underlying performance in its Annual Report 2025, despite a year marked by macroeconomic and geopolitical uncertainty. Net income held steady at EUR 1.9 billion, while net profit reached EUR 312 million — reflecting the impact of higher risk costs and currency headwinds that trimmed the company's portfolio to EUR 45.7 billion. Results varied by region, with solid growth in Europe, Canada, and Asia-Pacific offset by volume declines in the U.S. and Latin America. Looking ahead, DLL remains focused on deepening partner relationships and strengthening its digital capabilities as it navigates a volatile global landscape.