Archives for September 2016

Nation Equipment Finance

Nations Equipment Finance Awarded Second Place Winner of the Connecticut 2016 Top Workplaces

Norwalk, CT – September 28, 2016 – Nations Equipment Finance, (NEF) has been awarded second place in the small business category for 2016 Top Workplaces honor by Hearst Media Services. The Top Workplaces lists are based solely on the results of an employee feedback survey administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and workplace improvement. Several aspects of workplace culture were measured, including Alignment, Execution, and Connection, just to name a few.

group-shot-4“Given that we are such a new company and this was our first year as a nominee for the Top Workplaces award, it is an honor to have won second place in our category,” said Phil Carlson, CEO of Nations Equipment Finance. “This award reflects our dedication to our employees and confirms that we are providing them with great benefits, but also an inclusive and positive working environment.”

“The Top Workplaces award is not a popularity contest. And oftentimes, people assume it’s all about fancy perks and benefits.” says Doug Claffey, CEO of WorkplaceDynamics. “But to be a Top Workplace, organizations must meet our strict standards for organizational health. And who better to ask about work life than the people who live the culture every day—the employees. Time and time again, our research has proven that what’s most important to them is a strong belief in where the organization is headed, how it’s going to get there, and the feeling that everyone is in it together.” Claffey adds, “Without this sense of connection, an organization doesn’t have a shot at being named a Top Workplace.”

 

About Nations Equipment Finance

Nations Equipment Finance specializes in providing equipment loans and leases across a wide spectrum of asset classes including manufacturing, construction, transportation, oil and gas and more. Our investment professionals have decades of experience providing financings to small and medium sized businesses. NEF provides a collateral specific approach to equipment based term loans/leases for new/used equipment (terms up to seven years) to companies operating in the US and Canada. Our transactions range from $1 Million to $50 Million and focus on the underlying collateral value.  Visit www.nationsequipmentfinance.com for more information.

About WorkplaceDynamics, LLC

Headquartered in Exton, PA, WorkplaceDynamics specializes in employee feedback surveys and workplace improvement. This year alone, more than two million employees in over 6,000 organizations will participate in the Top Workplaces™ campaign—a program it conducts in partnership with more than 40 prestigious media partners across the United States. Workplace Dynamics also provides consulting services to improve employee engagement and organizational health. WorkplaceDynamics is a founding B Corporation member, a coalition of organizations that are leading a global movement to redefine success in business by offering a positive vision of a better way to do business.

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Nations Equipment Finance Gets $300 MM Credit Facility from Citizens Bank

Citizens Commercial Banking led a new $300 million revolving credit facility for Nations Fund I, a company managed by Nations Equipment Finance.

Citizens was the lead left bank and joint lead arranger on the transaction, which will provide working capital for Nations, a commercial finance company that provides equipment-based loans and leases to middle market companies. Santander Bank was joint lead arranger and syndication agent.

“Citizens Bank has proven to be a great financial and strategic partner,” said Phil Carlson, CEO of Nations Equipment Finance. “The entire Citizens team brought great ideas to the table and executed the transaction seamlessly.”

“Nations Equipment Finance is a great client and we’re very happy to be able to help them achieve their strategic and financial goals,” said Chris Carmosino, president of Business Capital at Citizens Bank. “Citizens works very hard to be our clients’ lead bank by providing great products and services that deliver value for them at every stage of their business life cycle.”

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About Nations Equipment Finance

Nations Equipment Finance specializes in providing equipment loans and leases across a wide spectrum of asset classes including manufacturing, construction, transportation, oil and gas and more. Our investment professionals have decades of experience providing financings to small and medium sized businesses. NEF provides a collateral specific approach to equipment based term loans/leases for new/used equipment (terms up to seven years) to companies operating in the US and Canada. Our transactions range from $1 Million to $50 Million and focus on the underlying collateral value.  Visit www.nationsequipmentfinance.com for more information.

About Citizens Financial Group, Inc.
Citizens Financial Group Inc. (NYSE: CFG) is one of the nation’s oldest and largest financial institutions, with $132.9 billion in assets as of December 31, 2014. Headquartered in Providence, Rhode Island, the company offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Consumer Banking helps its retail customers “bank better” with mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 Citizens Bank and Charter One branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Citizens also provides mortgage lending, auto lending, student lending and commercial banking services in selective markets nationwide. Citizens Commercial Banking offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services including lending and deposits, capital markets, treasury services, foreign exchange and interest hedging, leasing and asset finance, specialty finance and trade finance. Citizens operates via subsidiaries Citizens Bank, N.A., and Citizens Bank of Pennsylvania. Additional information about Citizens and its full line of products and services can be found at www.citizensbank.com.

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Nations Equipment Finance Expands Capital Markets and Syndication Capabilities

Norwalk, CT – 9/12/16 – Nations Equipment Finance, LLC (“NEF”) has named Ryan Bohlert as Assistant Vice President – Syndication. In this role Ryan will be responsible for enhancing NEF’s capital market activities including loan and lease syndication as well as developing relationships with prospective syndication partners.

Ryan joins NEF with experience in the commercial loan and leasing industry. His background includes pricing and structuring, syndication, capital markets and sales.

Ryan has held positions with Sumitomo Mitsui Finance, Terex Corporation and AXA Equitable. In these positions he was involved in originating, syndicating and structuring equipment lease and loan transactions.

“I am pleased to join the NEF team and work alongside seasoned industry professionals. NEF has a streamlined decision making process which will help me to better serve my clients. I look forward to being part of the continued success here and am excited for what the future holds.” said Ryan

“We are thrilled to have Ryan join our team and are excited to grow this division of our company.” said Mike Brigante – Senior Vice President, Capital Markets “The hiring of Ryan will enhance our syndication capabilities which will bring our customers more financing options.”

Ryan can be reached at (203) 229-2240 or email rbohlert@nullnationsequipmentfinance.com and will be based in our Headquarters.

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Nations Equipment Finance Announces over 20 Recent Transactions this Summer

NORWALK, CT – September 1, 2016 – Nations Equipment Finance (NEF), announces they have provided several US and Canadian companies with equipment financing.

Some featured transactions include:

  • A Term Loan for $3,400,000 for a motor coach bus company to purchase new buses to upgrade their existing fleet.
  • A True Lease for $5,000,000 for a construction company to expand their business into the lighting signage and telecom market.
  • A TRAC Lease for $5,000,000 for an aviation fuel supply company to refinance their existing debt and provide working capital.
  • A Split TRAC Lease for $3,000,000 for a trucking company to purchase additional tractors in order to expand their business.

“Our team has extensive experience in providing equipment financing to companies in a variety of industries. We are committed to identifying each business’s specific financing needs and delivering a customized solution to meet those needs,” said Phil Carlson, CEO of Nations Equipment Finance.

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About Nations Equipment Finance

Nations Equipment Finance specializes in providing equipment loans and leases across a wide spectrum of asset classes including manufacturing, construction, transportation, oil and gas and more. Our investment professionals have decades of experience providing financings to small and medium sized businesses. NEF provides a collateral specific approach to equipment based term loans/leases for new/used equipment (terms up to seven years) to companies operating in the US and Canada. Our transactions range from $1 Million to $50 Million and focus on the underlying collateral value.  Visitwww.nationsequipmentfinance.com for more information.

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