Eagle Point and Apple Bank Launch Newton Commercial Finance for Equipment Lending

Two respected financial institutions, Eagle Point Credit Management and Apple Bank, have announced the formation of a new lending platform called Newton Commercial Finance.

Newton will focus on providing equipment financing to small- and mid-sized businesses throughout the United States. With Eagle Point’s expertise in credit asset management and Apple Bank’s strong deposit base and lending experience, the joint venture is designed to meet growing demand for capital in sectors that rely heavily on equipment and long-term project financing.

According to the announcement, Newton Commercial Finance will aim to deliver structured finance solutions tailored to 'essential-use assets backed by strong collateral.'

Backed by seasoned institutions, the platform is expected to offer a combination of reliable capital, speed, and flexibility, all essential traits in today’s evolving business lending landscape.