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DLL, a global provider of asset-based financing solutions, announced it formed a new Global Business Unit (GBU), Direct Solutions, to lead the organization’s innovative approach around usage-based consumption products and further develop a customer... Read Story
April 18, 2019, 07:30 AM

The Equipment Leasing & Finance Foundation released the April 2019 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market decreased in April, after two consecutive months of... Read Story
April 18, 2019, 07:28 AM

Crestmark provided more than $43.9 million in commercial financing to 78 businesses in the first half of April. Crestmark Equipment Finance provided $7,481,066 in four new lease transactions; Crestmark secured a total of $10,250,000 in ABL financial... Read Story
April 18, 2019, 07:25 AM

Preliminary used Class 8 volumes (same dealer sales) jumped 25 percent month-over-month in March, following a modest decline in February, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published... Read Story
April 18, 2019, 07:10 AM
Filed Under: Trucking

Everlasting Capital, a provider of growth capital solutions and equipment financing to small businesses and middle-market companies nationwide, announced the appointment of Justin Rasch to be part of the business development team as Finance... Read Story
April 17, 2019, 07:25 AM

United Community Bank, the parent of Navitas Credit Corp., recently elevated two of its employees to new positions within the risk management division of the company. Rob Edwards, former Chief Credit Officer, has been named Chief Risk Officer, and... Read Story
April 17, 2019, 07:20 AM

CWB Franchise Finance (CWB), a division of CWB Financial Group, has provided a development line facility and a revolver loan to Shoeless Joe’s Ltd. (Shoeless Joe’s Sports Grill). Shoeless Joe’s is based out of Woodbridge, Ontario, and is led by... Read Story
April 17, 2019, 07:05 AM
Filed Under: Franchise Finance

CFOs overwhelmingly expect a U.S. downturn by the end of 2020, with a slowdown seen as much more likely than a recession, according the Deloitte CFO Signals Survey. Their expectations for growth in revenue, earnings, hiring and wages declined (only... Read Story
April 17, 2019, 07:02 AM
Filed Under: Economy

Onset Financial announced it is honored to receive the 2019 Best of State Award in Equipment Finance for the second year in a row. The Best of State Awards are judged on achievement, innovation and contribution to the quality of life in Utah and were... Read Story
April 17, 2019, 07:00 AM
Filed Under: Company Announcements