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As the industry continues to struggle, the number of retailers filing for bankruptcy keeps growing, and 2017 could end up with the highest number of retail bankruptcies ever. That's the assessment of a new report from BankruptcyData.com that compiles... Read Story
June 23, 2017, 07:22 AM
Filed Under: Retail


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 $1 trillion equipment finance sector, showed their overall new... Read Story
June 23, 2017, 07:19 AM


Ritchie Bros. conducted its third Houston auction of the year this week, selling 4,700+ equipment items and trucks for US$46+ million—making it the largest June auction ever for the site. Over two action-packed days (June 21 – 22, 2017), more than... Read Story
June 23, 2017, 07:00 AM
Filed Under: Auction News


Franek Technologies, the leader in Laboratory Power Protection Systems and Uninterruptible Power Supply (LPS/UPS) systems, partnered with KWIPPED, allowing customers to lease their UPS equipment. Offering leasing is another way for the company to... Read Story
June 23, 2017, 06:56 AM
Filed Under: Industry News


Utah’s leading publication, The Deseret News, released this year’s list of Utah’s best places to work and Onset Financial is in the top 25. The list includes how likely people would be to recommend their company to a friend. “This is something we are... Read Story
June 23, 2017, 06:15 AM
Filed Under: Industry News


CSI Leasing (CSI) announced two officer promotions.  Patrick Gloriod, Senior Vice President and National Sales Manager. In his new role, Gloriod will manage the U.S. sales and marketing team. Previously, Gloriod was vice president and district... Read Story
June 22, 2017, 07:20 AM


Rick L. Barfield, a veteran of the asset-based lending field, has joined Tiger Group as Director of Business Development for the asset valuation, advisory and disposition services firm’s Midwest region.  From his base in Chicago, Barfield will lead... Read Story
June 22, 2017, 07:06 AM


Aviation finance industry veteran Sam Harris announces Faith Hill joins JetLoan Capital as a sales representative. The company is an independent aviation financial brokerage firm assisting aircraft owners with financing and refinancing jet, turboprop... Read Story
June 22, 2017, 07:00 AM


Following the first quarter’s stronger orders, production picked up starting in April. In May, a long month and a rising build rate conspired to drive NA Class 8 production to an 18-month high. “Annualized, May’s production rate equals a full-year... Read Story
June 22, 2017, 07:00 AM
Filed Under: Trucking