NEW VENTURES/JOINT VENTURES
TCF Financial Launches TCF Capital Solutions
TCF Financial launched TCF Capital Solutions, which brings together the resources of TCF Equipment Finance and Winthrop Resources to deliver lending and leasing expertise and financing solutions to the healthcare, industrial, specialty markets, and technology industries.
“The expertise and deep industry knowledge of our teams in TCF Capital Solutions, combined with the strong support of the financial resources of TCF Bank, differentiates us among leasing and financing providers,” said William S. Henak, executive vice president, Wholesale Banking for TCF. “Bringing together our equipment and technology finance businesses and serving our customers by industry will make it easier for our customers and they will benefit from our team’s knowledge and understanding of their business needs.”
“We have a strong focus on meeting and exceeding the needs of our customers and this change is in direct response to our customers telling us what more we can do to help them grow their businesses,” said Gary A. Peterson, CEO of TCF Capital Solutions. “We are positioning our experts in the healthcare, industrial, specialty and technology industries to serve as a single point of contact to our customers and to innovate and deliver new products and services that address their evolving business needs.”
TCF also appointed several executive leaders to TCF Capital Solutions, including Richard J. Chenitz as president and chief operating officer, Paul L. Gendler as executive vice president and managing director, Corporate Business Development and Capital Markets, and Todd Watterson as executive vice president and chief administrative and financial officer.
DLL Partners with UniCarriers Americas to Launch UniCarriers Capital
UniCarriers America entered into a partnership with DLL to offer its dealers a private financial program, UniCarriers Capital. The program will be funded and administered by DLL and will support all UniCarriers forklift models, including the newly-added Rocla AGVs.
FaaStrak Launches Alternative Financial Products Division
Automated business financing company FaaStrak released FaaSfunds, a new division of the company focused on alternative financial products for businesses, along with an updated version of their flagship technology platform ahead of the company’s participation in London Tech Week.
River Capital Launches New Website, New HaaS Offering
River Capital Finance launched River Capital “Hardware as a Service” (HaaS), a comprehensive enterprise mobility lifecycle management solution designed for business. Combining hardware, software and other support services into one monthly payment, River Capital HaaS will make it easier and more affordable to keep up to date with the latest technology on the market and ensure that it is stable, secure and available when needed.
Pelagic Capital, BitX Funding Form Strategic Partnership
Transportation finance company Pelagic Capital and BitX Funding pooled resources to expand their offerings for business financing, combining the funding network of online marketplace BitX with the leasing and dealership universe of Pelagic.