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The Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) that would grant private companies, not-for-profit organizations and certain small public companies additional time to implement FASB standards on... Read Story
August 16, 2019, 07:30 AM
Filed Under: Regulatory News

Optimism among small business owners bounced back in July as expectations for business conditions, real sales and expansion made solid gains. The NFIB Small Business Optimism Index rose 1.4 points to 104.7, with seven of 10 components advancing, two... Read Story
August 16, 2019, 07:25 AM
Filed Under: Economy

Altoz, Inc. announced the finalization of a retail financing program with Western Equipment Financing.Western Equipment Financing is a full-service commercial equipment finance company that provides both conventional financing for commercial... Read Story
August 16, 2019, 07:20 AM
Filed Under: Program Agreements

CWB Franchise Finance (CWB) has participated in a largescale facility to refinance seven ALT Hotels in Canada. CWB provided a portion of a larger loan to complete it.ALT Hotels is a division of Group Germain Hotels, with properties in Toronto... Read Story
August 16, 2019, 07:10 AM
Filed Under: Franchise Finance

June 2019 U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting... Read Story
August 16, 2019, 07:09 AM
Filed Under: Machine Tools

The Equipment Leasing & Finance Foundation released the August 2019 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business... Read Story
August 15, 2019, 07:25 AM

Xtraction Services (XS) announced the launch of its equipment sale-leaseback program, providing existing oil processors the opportunity to unlock additional working capital without any interruptions to production. XS is an equipment leasing and... Read Story
August 15, 2019, 07:20 AM
Filed Under: Industry News

The law firm Lane Powell announced that friend and colleague Malcolm Lindquist passed away on Sunday, Aug. 4, after losing a courageous battle with cancer. The firm described Lindquist as a man of great integrity, wit and infectious humor, with... Read Story
August 15, 2019, 07:14 AM
Filed Under:

ACT Research’s preliminary estimate for July 2019 net trailer orders is 9,900 units. Preliminary Net Orders jumped 65 percent versus June but were 66 percent lower than July Last Year.  Final volume will be available later this month. “While net... Read Story
August 15, 2019, 07:10 AM
Filed Under: Trucking

U.S. manufacturing technology orders fell 7.7 percent from the previous month to a total of $357.8 million in June 2019, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing... Read Story
August 15, 2019, 07:05 AM
Filed Under: Manufacturing