ENGS Commercial Finance Co. ( ENGS ), an industry leading commercial finance company, has announced the expansion of two office locations as well as additional team members to the company s Factoring subsidiary, ENGS Commercial Capital ( ECC ). Joining the company are Bronwyn Hobson, Vice President, Risk Management; Patrick Eakins, Vice President, Business Development […]
ENGS Commercial Finance Co. Launches Electronic Signature Documentation
ENGS Commercial Finance Co., an industry leading commercial finance company, announced today that it has launched a secure electronic signature ( E-Signature ) documentation solution for its dealers and customers. This solution, among the first of its type in the commercial equipment finance space, provides the company s clients with a convenient, fast and efficient […]
ENGS Commercial Finance Closes $100MM Securitization Warehouse Facility with Bank of Montreal
Lisle, IL Engs Commercial Finance ( ENGS ) announced today that it has closed a $100MM securitization warehouse facility with the Bank of Montreal ( BMO ) as Lender and BMO Capital Markets Corp. as Agent. This facility adds incremental liquidity to ENGS existing $455 million credit facility, and further supports the growth initiatives at […]
ENGS Commercial Finance Closes $75MM Commitment From PNC Bank
Lisle, IL Engs Commercial Finance Co. ( ENGS ) announced today that it has added PNC Bank ( PNC ) and its $75MM commitment to its $455MM ABL credit facility. PNC will assume the roles of Syndication Agent and Joint Lead Arranger on the transaction. The ABL facility is agented by the Bank of Montreal. […]
Christopher Kelly Joins ENGS Commercial Finance Co. To Lead Its New Construction Division
ENGS Commercial Finance Co., an industry leading equipment commercial finance company, announced today that Christopher Kelly has joined the company as the Director of Sales of its newly launched Construction Division. In this role, Mr. Kelly will be responsible to develop ENGS into a nationally recognized market leader in Construction equipment finance. Mr. Kelly brings […]