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Olson, Myrick Join Fintech Firm Built Technologies as Directors

Billy Olson and Natalie Myrick joined Built Technologies, a fintech company focused on bringing construction lending into the digital age. Olson joined as director of builder financial solutions and Myrick as director of mortgage solutions. read more

Arvest Equipment Finance Sets Record for New Production

Arvest Equipment Finance closed more than $161 million in new production in 2018, a record total for the Arvest Bank division. read more

Bryan Joins Isuzu Finance Sales Team as District Manager

Jim Bryan joined the sales team of Isuzu Finance of America as district manager for the Central South Region. read more

BNP Paribas Promotes Three Executives

BNP Paribas Leasing Solutions recently made several executive changes and promotions, including the appointment of Pascal Layan to deputy CEO, Wolfgang Pinner to chief data officer and Delphine Roché to director of transformation and IT. read more

Fintech Company Abaca Launches Cannabis Industry Lending Platform

Fintech company Abaca launched a banking platform to serve the cannabis industry, including lending services such as real estate/mortgage loans, equipment financing, inventory credit lines, purchase order financing and receivables factoring. read more

Nexseer Capital Completes Year of Growth & Transformation

Nexseer Capital marked the completion of 2018 on a trajectory of expansion and transformation, with transaction growth of 23% and direct balance sheet originations growth of 300% over the course of the year. read more

McComas Joins ENGS as Business Development Manager, Transportation

Meghan McComas joined ENGS Commercial Finance as business development manager in its Transportation Finance Division. read more

$82MM in Net Income for CIT in Q4/2018, $428MM for Full Year

CIT Group reported fourth quarter net income of $82 million or $0.78 per diluted common share, compared to a net loss available to common shareholders of $98 million or $0.74 per diluted common share for the year-ago quarter. read more

ELFA Elects Wintrust CEO Normandin to Board of Directors

David Normandin, president and CEO of Wintrust Specialty Finance, was elected to serve on the Board of Directors for the Equipment Leasing and Finance Association. read more

MB Financial Reports $75.9MM Net Income for Q4/2018

MB Financial reported a fourth quarter 2018 net income of $75.9 million, a gain of $33.2 million over its income of $42.7 million the previous quarter but below the $144.2 million income in the fourth quarter of 2017. read more

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Terry Mulreany
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