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Utica Equipment Finance announced Byron Howell has joined the company as Managing Director-Sales. He will be responsible for sourcing and developing client and referral source relationships throughout the United States.“Byron is an accomplished sales... Read Story
September 20, 2019, 07:30 AM

Wells Fargo & Company announced the extension of its vendor financing relationship with Doosan and its businesses – including Bobcat Company, the compact machinery maker and distributor – through December 2023.Doosan’s recent agreement with Wells... Read Story
September 20, 2019, 07:25 AM
Filed Under: Vendor Finance News

Crestmark announced it provided more than $33 million in commercial financing to 71 businesses in the first half of September.  Crestmark Equipment Finance provided $10,041,309 in four new lease transactions; Crestmark Vendor Finance provided... Read Story
September 20, 2019, 07:20 AM

Newline Interactive announced a strategic partnership with TEQlease, a technology equipment financing company.Many schools, companies and other organizations have a limited or time-constrained budget for technology purchasing. As a manufacturer of... Read Story
September 20, 2019, 07:17 AM
Filed Under: Program Agreements

ACT Research’s preliminary estimate for August 2019 net trailer orders is 10,500 units. “On the positive side, total orders were up 7 percent versus July. However, cancellations pulled the net order results down to a 2 percent sequential gain.... Read Story
September 20, 2019, 07:15 AM
Filed Under: Trucking

People's United Bank, N.A. a subsidiary of People's United Financial, Inc., has expanded its Commercial Specialty Business with the formation of a dedicated Lender Finance team. The team will be led by Patrick Lee, Managing Director, Head of Lender... Read Story
September 19, 2019, 07:25 AM

Crestmark announced the appointment of Jon Ellis as Vice President, Renewable Energy. Based in North Carolina, he will report to Crestmark President Mick Goik. With the addition of Ellis, Crestmark strategically increases a company focus on financing... Read Story
September 19, 2019, 07:24 AM

CIT Group Inc. announced David S. Bagatelle has joined the company as a Managing Director and will lead the relationship commercial banking activity in the Eastern region. In this role, Bagatelle will deliver an integrated product offering from... Read Story
September 19, 2019, 07:22 AM

The Equipment Leasing & Finance Foundation released the September 2019 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 54.7, a decrease from the August index of... Read Story
September 19, 2019, 07:16 AM

Milestone Equipment Holdings, a national leader in transportation equipment leasing, announced the hiring of three national account managers to continue driving the growth of its Mobile Warehousing and Storage (MW&S) trailer solution that was... Read Story
September 19, 2019, 07:15 AM