The equipment leasing and finance industry will likely feel significant effects from rising inflation and the Fed’s actions to fight it, according to a new article published in the Journal of Equipment Lease Financing (JELF), the peer-reviewed...
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July 08, 2022, 07:14 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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March 23, 2022, 06:00 AM
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CoreTech, independent technology and equipment lessor, announced multiple promotions within the CoreTech executive team effective immediately. Candace Reinhart, Sr VP of Operations and Syndications, has been promoted to COO/CXO. Brian Wood, VP of...
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March 08, 2022, 07:00 AM
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The Equipment Leasing & Finance Foundation has released the Q1 2022 Equipment Leasing & Finance Industry Snapshot, an indispensable information resource for industry participants. Designed for use in executive briefings and presentations, the...
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December 21, 2021, 08:00 AM
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The Equipment Leasing & Finance Foundation released the September 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and expectations for...
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September 17, 2021, 08:00 AM
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The Equipment Leasing & Finance Foundation (the Foundation) has released the August 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and...
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August 19, 2021, 07:08 AM
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The Equipment Leasing & Finance Foundation released the July 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and expectations for the...
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July 22, 2021, 07:11 AM
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The equipment finance industry saw new business volume decrease 7 percent in 2020, according to the 2021 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). This marked the first time in a...
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July 19, 2021, 07:00 AM
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The Equipment Leasing & Finance Foundation released the June 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 71.3, steady with the May index of 72.1. The index reports...
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June 17, 2021, 07:00 AM
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Atalaya Capital Management, a private credit and special opportunities alternative investment manager based in New York City, announced a passive, minority equity investment in Dakota Financial, LLC, an asset-based specialty finance company based in...
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May 11, 2021, 08:00 AM
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Utica Equipment Finance hired Jim Quirk as Director of Credit and Underwriting.Quirk is responsible for evaluating and underwriting commercial lease and loan requests and managing a designated portfolio of client accounts. He will have significant...
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April 15, 2021, 07:11 AM
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Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance, is celebrating six years in business this month.Since its inception in 2015 with four founding employees, WCF has since grown to a staff of 48, including the new East Region...
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April 15, 2021, 07:00 AM
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Crestmark announced it provided more than $30.7 million in commercial financing to 88 businesses in the first half of March. Crestmark Equipment Finance provided $4,041,482 in five new lease transactions; Crestmark secured a total of $8,075,000 in...
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March 20, 2019, 08:00 AM
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Santander Bank announced its Equipment Finance group closed a $72.25 million equipment line of credit with Android Industries LLC in the U.S. Android will use the financing to further expand its operations by refinancing $40 million of its existing...
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March 07, 2018, 08:01 AM
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Loeb announced the addition of Vince Andrews to the team as the Vice President of Loeb's Equipment Division. Vince joins the organization to lead the day-to-day efforts of Loeb's Account Management and Inventory teams."My father, Jim, has known Vince...
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December 11, 2017, 08:00 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced Lindy Baldwin has joined the bank's Franchise Finance team as Managing Director, Franchise Finance and Vice President. She will report to Keith Smith, Senior Managing...
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December 13, 2016, 07:22 AM
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Crestmark announced the launch their new company website that takes advantage of responsive design technology. The technology allows for a consistent Crestmark brand experience on any device, whether mobile phone, tablet or workstation. The new...
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February 19, 2015, 07:11 AM
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CIT Bank, the U.S. commercial bank subsidiary of CIT Group Inc., entered into an agreement to acquire Portsmouth, New Hampshire-based Direct Capital Corporation, a provider of financing to small and mid-sized businesses. The transaction will expand...
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June 25, 2014, 07:24 AM
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BBVA Compass announced the formation of a new Transportation Banking group.
The specialty group will provide loans, revolving credit, equipment and acquisition financing and other financial products and services to trucking, rail, shipping...
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April 23, 2014, 07:24 AM
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Moody’s Investors Service and DBRS issued the highest possible ratings, Aaa and AAA respectively, on Ascentium Capital’s senior class of notes in their second securitization which closed on March 13, 2014. The underwriters of the transaction were...
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March 14, 2014, 07:06 AM
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Hennessey Capital, a division of Hitachi Capital America Corp., today announced that it is offering equipment financing to complement its traditional revolving lines of credit.
“Our new partnership with Hitachi Capital America Corp. has not only...
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January 25, 2013, 07:22 AM
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Balboa Capital Corporation announced the acquisition of a revolving credit facility with Wells Fargo Capital Finance, part of Wells Fargo & Company. Balboa Capital will use this additional capacity to fund the company’s complete portfolio of...
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December 20, 2012, 08:11 AM
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