Equipment Finance Advisor

PPL Group LLC is executing three public auctions in the directional drilling sector for both underground utility contractors and oilfield services. On July 21 and July 22, 2026, PPL Group will hold a large, two-day auction for Intrepid Directional Drilling Services in Midland, TX that will attract buyers from the US, Canada, Brazil, Australia and the Middle East. This is one of the largest auctions for directional drilling and measure while drilling (MWD) equipment in the last few years.

Lendscape announced the appointment of Pat Hinchin as Chief Operating Officer. Hinchin brings more than 25 years in fintech and regtech, including experience in risk, regulatory and compliance technology and the modernisation of enterprise software into scalable, API-driven SaaS. He joins from Featurespace, where he was most recently Chief Product and Technology Officer, having earlier held senior roles at LexisNexis Risk and Thomson Reuters.

Clarus Capital announced the closing of a $15 million lease facility for a sponsor-backed environmental services company. Facility proceeds will primarily support the Company’s ongoing maintenance capital expenditures with structural flexibility to finance new asset purchases for growth initiatives. Clarus CEO Steve O’Leary stated “Clarus is pleased to support a client that is providing critical services to local communities and municipalities across the country.

Acquis announced a partnership with MAZO Capital Solutions to help protect and support its equipment finance portfolio across the United States. MAZO Capital Solutions is a full-service commercial finance company serving small businesses through a digital-first platform. The company offers a comprehensive suite of capital solutions, including equipment financing, working capital, business lines of credit and term loans.

Bank of Clarke announced the launch of Clarke Leasing, a new equipment financing solution designed to help businesses acquire the equipment they need while preserving capital, improving cash flow and maintaining flexible payment options. Offered as a service of Bank of Clarke, Clarke Leasing provides 100% financing on new or used equipment, including delivery and installation, giving businesses an efficient way to invest in growth and operations.

Mitsubishi HC Capital America announced a new relationship with Tailift Material Handling USA, a forklift manufacturing and distribution company and a division of Toyota Industries. Under the agreement, dealers will have access to flexible inventory financing, while customers can take advantage of tailored retail financing solutions for equipment purchases across the United States.

The Equipment Leasing & Finance Association (ELFA) released its July 2026 Monthly Confidence Index for the Equipment Finance Industry (MCI), revealing confidence in the equipment finance market is 63.7, unchanged from the June index. The index provides a qualitative assessment from key executives in the $1.3 trillion equipment finance industry.

Northbase Finance Inc. announced the closing of a revolving credit facility with Oaktree through its Asset-Backed Finance strategy, providing up to US$300 million in scalable financing capacity. The facility will support the continued expansion of Northbase’s North American equipment financing platform, focused on critical operating assets across power generation, compression, energy transformation infrastructure and industrial markets in the United States and Canada.

Fox Ridge Capital announced that David Lyder has joined the company as President. Lyder brings strengths in accounting, mergers and acquisitions, finance and operations and over two decades of equipment finance expertise with a proven record of building teams, optimizing operations and driving growth at some of the industry's fastest growing organizations. Lyder will lead Fox Ridge Capital's strategy and execution to support an aggressive growth trajectory and deepen client service capabilities.

North Mill Equipment Finance LLC (“NMEF”) announced the appointment of Nicole DuPont as Manager, Strategic Partnerships. Most recently, DuPont served as Syndication Relationship Manager at Amur Equipment Finance, where she managed partner relationships, oversaw white-label syndication transactions, and worked closely with referral partners to identify growth opportunities and enhance the partner experience.