financing

Business, Equipment

OnDeck to Offer Equipment Finance Loans

OnDeck, an online lender for small businesses, has announced that it will begin offering equipment finance loans in 2019.

January 7, 2019
Business

Freedom Truck Finance Enters Agreement With Deutsche Bank

Freedom Truck Finance, a Dallas-based secondary truck and trailer finance company, has entered into a $200 million senior secured credit facility with Deutsche Bank. The proceeds were used to repay the company’s existing senior revolving credit facility and also will be used to fund new portfolio growth, according to a Nov. 21 press release.

Transport Topics
November 28, 2018
Business, Equipment

N.J. Bank Acquires California-based Fleet Financing Resources

New Jersey-based Marlin Business Services Corp. said it acquired Fleet Financing Resources, a specialty lender focused on financing transportation equipment based in Riverside, Calif.

Transport Topics
October 9, 2018
Business, Equipment

Boxwheel Trailer Leasing Secures Equipment Financing

Recently formed Boxwheel Trailer Leasing announced it has received a significant capital investment from Crosstimbers Capital Group.

Transport Topics
April 30, 2018
Business

Truck Credit Becoming Easier as More Banks Lend, Fleets Say

Obtaining financing for truck purchases is becoming easier, with more banks returning to a market that had been dominated by manufacturers’ finance arms, according to several lenders and fleet executives.

July 8, 2013
Business

More Lenders Turn to Trucking as Housing Market Remains Weak

The housing market crash apparently has had at least one silver lining for trucking: It has brought more lenders into the truck financing market.

August 29, 2011
Business

Cascade Sierra Solutions Debuts Equipment Financing Program

Cascade Sierra Solutions, a firm that backs emissions-reduction investments for trucking, has announced a $20 million financing program to back purchases of new equipment.

Transport Topics
August 24, 2011