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Most Popular News
past two weeks

It is with great sadness that National Equipment Finance Association announces the passing of Joe Woodley. Joe passed away April 2 after a brief illness. Joe Woodley was a leasing and specialty finance industry veteran and icon who was named as one... Read Full News
April 05, 2019, 07:30 AM
Filed Under: Industry News


Frederick “Rick” Eugene Wolfert, 64, of Greensboro, GA, passed away peacefully on April 9, 2019 at St. Mary’s Good Samaritan Hospital in Greensboro, GA. Rick had a long and distinguished career in the equipment finance industry. He was an active... Read Full News
April 12, 2019, 07:30 AM
Filed Under: Industry News


Fintech company TimePayment announced it has acquired Kingswood Leasing, Inc., a leader in providing specialized sales financing solutions for equipment sellers in the restaurant, food services, hospitality and c-store industries.The acquisition is... Read Full News
April 09, 2019, 07:30 AM


Hitachi Business Finance, a division of Hitachi Capital America Corp., has provided nearly $100 million to a variety of specialty lenders and U.S. companies seeking working capital solutions over the past six months.Participation loans to specialty... Read Full News
April 15, 2019, 07:30 AM


CIT Bank, CIT Group's national online bank, announced it has been selected as winner of the Best Personal Finance Company award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the... Read Full News
April 04, 2019, 07:11 AM
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Wells Fargo Equipment Finance (WFEF), a division of Wells Fargo Commercial Capital (WFCC), announced Scott Collier has been promoted to Chief Administrative Officer, effective immediately. Collier assumes the role previously held by James Dore, who... Read Full News
April 16, 2019, 07:30 AM


Wintrust Commercial Finance (WCF) announced the origination and placement of $46 million in debt financing for one of the largest civil engineering and construction firms in the U.S. WCF holds approximately $22 million of the transaction and... Read Full News
April 09, 2019, 07:17 AM


Michael K. Bivins joins Sertant Capital as Executive Vice President, Sales and Business Development. He will be based out of Sertant’s corporate headquarters in Newport Beach, CA, and report to CEO Dan Krajewski.Bivins will lead all aspects of both... Read Full News
April 09, 2019, 07:25 AM


NewLane Finance is the new name following the combination of Neumann Finance and Beneficial Equipment Finance Corporation (BEFC). NewLane Finance will be backed by WSFS Bank, a financial institution with approximately $13 billion in assets and the... Read Full News
April 11, 2019, 07:30 AM


Ritchie Bros. announced an organizational realignment in North America. The effort, which includes some leadership team moves, aims to: Prioritize senior management focus on penetrating the Upstream segment of the used equipment disposition market:... Read Full News
April 16, 2019, 07:29 AM