Verdant Commercial Capital celebrated its fifth anniversary. The company was founded in 2017 by equipment finance veterans Mike Rooney, Chris Kelley and John Merritt. This team brought their expertise and discipline from a combined 100-plus years of...
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October 07, 2022, 07:00 AM
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Laurie Bakke, President of Western Equipment Finance, announced she will retire at the end of 2022. Bakke will transition to a senior advisory role with the company beginning in 2023, and she will remain on the Board of Directors for Western State...
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October 07, 2022, 07:00 AM
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The Equipment Leasing & Finance Foundation released the September 2022 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 22, 2022, 06:00 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Brittany S. Ogden to receive its 2022 Michael J. Fleming Distinguished Service Award. The award honors individuals who have made significant contributions to the association and the...
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September 06, 2022, 05:00 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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August 23, 2022, 07:00 AM
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AP Equipment Financing expanded its current product offerings to include a wholesale flooring finance product for vendor and manufacturer partners and hired Mike Bransdorf to lead the program.“I am extremely excited to join the team at AP Equipment...
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August 15, 2022, 08:00 AM
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Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, exceeded a billion dollars in funded contracts in first three years by earning market share with equipment vendor partners and supporting independent lessors’ liquidity...
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July 28, 2022, 06:00 AM
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The Equipment Leasing & Finance Foundation released the July 2022 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 21, 2022, 08:00 AM
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The equipment finance industry saw new business volume increase 7.4 percent in 2021, according to the 2022 Survey of Equipment Finance Activity (SEFA) released today by the Equipment Leasing and Finance Association (ELFA). This is a marked...
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July 18, 2022, 07:00 AM
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After a strong rebound in Q1, overall equipment and software investment growth is expected to slow significantly over the remainder of the year, though demand in some end-use markets should remain healthy. The 2022 Equipment Leasing & Finance U.S....
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July 14, 2022, 07:00 AM
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Stonebriar Commercial Finance (“Stonebriar”) closed a $77 million TRAC lease with a premier long-haul waste transportation provider serving a broad range of commercial waste management companies. The lease refinanced their entire fleet of tractors...
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July 14, 2022, 06:00 AM
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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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Encina Equipment Finance (EEF) provided a $5 million lease line to a recreational goods manufacturer to finance new and existing manufacturing equipment. EEF was represented by Reed Smith LLP.For more equipment finance and leasing industry news...
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July 06, 2022, 06:00 AM
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Encina Equipment Finance (EEF) provided an $8 million lease line to an environmental remediation company for the purchase of heavy-duty and light-duty trucks. EEF was represented by Reed Smith LLP.
For more equipment finance and leasing industry...
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June 28, 2022, 07:07 AM
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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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June 24, 2022, 06:00 AM
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SLR Equipment Finance announced Michael Biesiada has joined our company as a Senior Vice President of Business Development. In his role, Michael will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers in Texas...
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June 23, 2022, 08:00 AM
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Bitfarms Ltd., a global Bitcoin self-mining company, entered into an equipment financing agreement, with initial funding of US$37 million, with NYDIG ABL LLC (NYDIG). In addition, the company reduced its $100 million Bitcoin (BTC)-backed credit...
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June 20, 2022, 08:00 AM
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Encina Equipment Finance (EEF) provided a $22 million equipment lease line to a specialty plastics film provider for the installation of new manufacturing lines.EEF was represented by Reed Smith LLP.For more equipment leasing and finance industry...
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June 13, 2022, 07:00 AM
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More than 125 ELFA members gathered on Capitol Hill on May 25 for Capitol Connections, the equipment finance industry’s biggest advocacy event of the year. Board Chair Mike DiCecco kicked off the program by highlighting its importance.“I would like...
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June 01, 2022, 06:00 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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May 24, 2022, 07:00 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the May 2022 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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May 20, 2022, 07:10 AM
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KBRA released its Equipment Loan & Lease indices for April 2022. April remittance reports continued to show solid credit performance across securitized equipment loan and lease pools, as annualized net losses in KBRA’s headline Equipment Loan & Lease...
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May 09, 2022, 06:00 AM
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During National Small Business Week, May 1-7, 2022, the Equipment Leasing and Finance Association (ELFA) is highlighting key reasons for small businesses to rely on leasing and financing to acquire equipment. Most small businesses need equipment in...
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April 29, 2022, 05:00 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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April 26, 2022, 07:00 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the April 2022 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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April 22, 2022, 06:00 AM
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Pinnacle Financial Partners is adding credit leadership in its specialty finance businesses, with the addition of Senior Credit Officer Scott McCann. McCann will manage the underwriting and asset management functions for Pinnacle’s equipment and...
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April 19, 2022, 07:22 AM
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After its strongest growth in over a decade in 2021 and solid performance in Q1, equipment and software investment growth of 4.2 percent is forecast for 2022. Annual U.S. GDP growth for 2022 is forecast at 2.8 percent, according to the Q2 update to...
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April 15, 2022, 07:10 AM
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SLR Equipment Finance announced Erik Harke has joined our company as a Vice President of Business Development. In his role, Harke will help grow SLR Equipment Finance’s leasing and lending activities in the West Coast region of the U.S. Harke began...
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April 12, 2022, 08:00 AM
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The Equipment Leasing & Finance Foundation (Foundation) released a new study, “Equipment Finance Funding, Securitization & Syndication: Best Practices for Today and Tomorrow,” designed to analyze and report on COVID-19’s impact on the funding markets...
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April 12, 2022, 07:00 AM
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Med One Group has been established as a vendor within Partners Cooperative, Inc. to further provide hospitals in the Southeastern United States with needed medical equipment rental services.Med One Group, an industry leader in medical equipment...
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March 30, 2022, 07:00 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 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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February 24, 2022, 07:00 AM
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The Equipment Leasing & Finance Foundation released the February 2022 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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February 22, 2022, 07:00 AM
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A confluence of global events—from the pandemic to economic downturn to social unrest and extreme weather—has put environmental, social and governance (ESG) issues front and center for businesses in all industries, according to a new study, “The ESG...
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February 10, 2022, 06:00 AM
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Amur Equipment Finance closed its 10th term securitization - its largest ever - in which it issued $483 million in notes secured by equipment loans and leases originated through its platform.“We entered 2021 with an ambitious growth plan, which we...
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January 31, 2022, 06:00 AM
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Boston Financial & Equity recently closed a $3 million equipment lease line pari-passu with a partner.The company based in California, formed in May 2021, has raised a $20 million A round and is focused on the lithium ion battery manufacturing...
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January 27, 2022, 07:00 AM
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Regents Capital Corporation (Regents), a leading provider of equipment leasing and financing solutions to middle-market borrowers, announced the closing of a $25.0 million investment-grade rated corporate note financing provided by a consortium of...
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January 14, 2022, 06:00 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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December 22, 2021, 06:00 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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Loeb announced its continued support to four important clients and a strategic partner. Its financial support will not only help them to endure an uncertain economic environment, but also make strategic acquisitions and help them grow their...
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December 10, 2021, 08:00 AM
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The Equipment Leasing & Finance Foundation (Foundation) announced the 2022 officers of its Board of Trustees. Board Officers serving are Nancy Pistorio, President, Madison Capital LLC as Chair, and the first woman to hold the position; Zack Marsh...
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December 02, 2021, 06:10 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the November 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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November 18, 2021, 08:05 AM
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Bridge Bank increased the credit facility provided last year to YES Leasing, a Miami, FL-based commercial equipment leasing company specializing in funding business owners with challenged credit. The increased credit facility will provide additional...
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October 27, 2021, 07:00 AM
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The Equipment Leasing & Finance Foundation has released the Q4 2021 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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October 19, 2021, 07:00 AM
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The Equipment Leasing and Finance Association has released the 2021 Interactive SEFA Dashboard, an online tool featuring highlights from the Survey of Equipment Finance Activity (SEFA). This free resource allows ELFA members to quickly and easily...
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October 12, 2021, 06:00 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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September 24, 2021, 07:00 AM
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Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, N.A., announced Chris Maudlin, CLFP, has been promoted to serve the company as Senior Vice President, Chief Operating Officer. Maudlin is located in WSF’s Irvine, CA...
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September 23, 2021, 07:00 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 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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July 26, 2021, 07:00 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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