News and insights
Stay up to date with the latest Finova Capital news, articles, and merchant finance industry insights.
Finova Capital Closes on $30MM Senior Credit Facility
Finova Capital is thrilled to announce the successful closure of a $30MM Senior Credit Facility with a major specialty lender. The substantial funding will significantly enhance our equipment leasing capabilities, enabling us to continue providing superior services to our vendor partners and meet the growing needs of our expanding client base. CEO Bob Neagle and majority owner Dave Gilbert […]
Where can I get capital to keep growing my business when banks don’t want to help?
Traditional Bank Lenders Are Risk Averse. Ask many small to medium-sized businesses and they will tell you about how they sought capital from their bank only to be turned down after supplying reams of paper (two years of tax returns, two years of income statements, balance sheets and statements of cash flow, plus a lengthy […]
ELFA Board Chair/Finova CEO Bob Neagle featured on Equipment Finance Matters Podcast
As an industry veteran, Bob Neagle was honored to be selected as ELFA’s Board Chair for 2023. In addition to his duties as President/CEO of Finova Capital, Bob hopes to represent and advocate for member companies of the ELFA during his term. To kick off his 2023 term, Bob sat down for an interview on […]
CEO Bob Neagle’s EFC Fireside Chat
Equipment Finance Cares (EFC) has a mission to provide an educational/networking platform for equipment finance professionals to connect with industry thought leaders on best industry practices. EFC’s Fireside Chat host Jesse Johnson sat down with Finova CEO Bob Neagle to talk about career, the equipment financing industry, and Finova’s journey as a start up. Check […]
Combining Tech and Personal Touch to Provide Unrivaled Support
At Finova Capital, we like to say that while our company is new, our experience runs deep. While we deliver game-changing solutions, our mission is grounded in tried-and-true expertise helping acquirers and merchants succeed. That’s why every aspect of our business — from our seamless technology to our dedicated support staff — works in service […]
The Secret to Winning and Retaining Merchants? Meet Finova Capital
For today’s ISOs and processors, more product offerings mean a bigger, more consistent merchant base. There’s one major problem: Traditional off-the-shelf products tend to be generic, costly, and complicated. Having served over 1 million merchants during my 20 years in merchant acquiring and lending, I’m familiar with those challenges — and the opportunities acquirers need […]
Top 5 Myths About Merchant Finance Partnerships — Debunked
“Offering a financing program for my merchants has been a gamechanger.” “I lost interest in financing programs years ago — too many bad actors.” In my many years managing payment and equipment leasing and financing companies, I’ve heard disparate views on merchant finance partnerships. They run the gamut: Some are true. Many are false. Others […]
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