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News Stories (1363 Results) - Industry News

An online survey conducted by Balboa Capital revealed that 9 in 10 small business owners prepared for the 2017 tax season early. 40% of small business owners surveyed expect to receive a business tax refund and, among them, 83% plan on putting it... Read Story
February 24, 2017, 07:00 AM


Total funding for U.S. fintech companies and deal activity dropped significantly in 2016, down to $12.8 billion from $27 billion in 2015, a result of political and regulatory uncertainty, a decline in megadeals and investor caution, according to... Read Story
February 23, 2017, 07:10 AM


Regents Capital was recently ranked on Entrepreneur's Top Company Cultures list, a comprehensive ranking of U.S.-based businesses exhibiting high-performance cultures created in partnership with culture management software and service provider... Read Story
February 23, 2017, 07:08 AM


Entrepreneur Magazine and Culture IQ released its premier Top Company Culture list, and First American Equipment Finance ranked #14 among high performance cultures with 100+ employees in the U.S.  Read the full article here. To develop the ranking... Read Story
February 22, 2017, 07:00 AM


According to a Reuters report, in an interview with IFR, Stonebriar Commercial Finance President and CEO Dave Fate said that the company wants to become a regular fixture in the U.S. structured finance market and may look to sell investment-grade... Read Story
February 21, 2017, 07:11 AM


Cloud Lending Solutions announced that it had closed its latest financing round led by Cota Capital, with all existing investors participating. The proceeds will be used to continue its global expansion and to further develop its industry-leading... Read Story
February 21, 2017, 07:08 AM


CG Commercial Finance announced a strong close to their 2016 fiscal year with nearly $80,000,000 in fourth quarter originations.  With more than $35,000,000 of those originations held on the company’s balance sheet, fueled by the recent capital... Read Story
February 17, 2017, 07:12 AM


Commercial Credit Group Inc. (CCG) announced the purchase of the machine tool finance business of Manufacturers Capital, LLC., thus expanding into the machine tool and manufacturing industry. With the closing of the transaction, the Manufacturers... Read Story
February 16, 2017, 07:12 AM


Madison Capital recorded its best growth year ever in 2016. Originations over the one year period increased by 50% over the prior year and assets under management grew by 24%.  Contributing factors included the development of new financing programs... Read Story
February 14, 2017, 07:17 AM


Ivory Consulting Corporation announced that the Equipment Financing Division of WNB Specialty Finance selected the web version of its flagship product, SuperTRUMP, to support the modeling and pricing of the complex, after-tax leases it provides to... Read Story
February 14, 2017, 06:51 AM


LEAF Commercial Capital reported strong year-over-year results for 2016. Highlights include: 23% increase in originations 17% increase in assets under management 50% increase in income Outstanding portfolio performance with only .77% of 31+... Read Story
February 13, 2017, 07:18 AM


Wave, a leading provider of financial services and software for small businesses, and OnDeck® announced a partnership in which Wave will offer OnDeck business loans and lines of credit to its customer base. The new offering, "Lending by Wave," will... Read Story
February 13, 2017, 07:00 AM


Three equipment leasing industry veterans are pleased to announce the launch of TCS Equipment Finance. TCS is an independent equipment leasing company providing customized equipment leasing solutions for large and small businesses across all... Read Story
February 10, 2017, 07:15 AM


Following years of sluggish economic recovery, business leaders believe 2017 stands to usher in a long-awaited acceleration in growth. According to "America's economic engine - Breaking the cycle," Deloitte's 2017 report on business and economic... Read Story
February 10, 2017, 07:02 AM


Alfa, the creator of Alfa Systems, has announced a new partnership with influential database company NuoDB, the elastic SQL database company. This affiliation will bring value to Alfa’s clients in the form of improved availability, better performance... Read Story
February 09, 2017, 07:12 AM


Hitachi Capital America announced a very strong performance for 2016 with plans for continued expansion in 2017.   Highlights of the company’s core growth include: $3.8 billion in funded volume, an increase of 65 percent from 2015 $2.8 billion in... Read Story
February 08, 2017, 07:40 AM


Flushing Financial Corporation, the parent holding company for Flushing Bank, announced that the Bank has hired Michael C. Nedder to lead its newly formed Equipment Financing business unit.John R. Buran, President and Chief Executive Officer stated:... Read Story
February 07, 2017, 07:15 AM


Bill Stephenson, DLL CEO and chairman of the executive board, was presented with the 2017 Associated Equipment Distributors (AED) Chairman’s Award at the AED Summit in Chicago on January 12. The Award recognizes a person or company that has provided... Read Story
February 07, 2017, 07:07 AM


Caterpillar announced it will locate a limited group of senior executives and support functions in the Chicago area later this year and reaffirmed the ongoing importance of its presence in Peoria and Central Illinois. “Caterpillar’s Board of... Read Story
February 03, 2017, 06:47 AM


Wintrust Commercial Finance (WCF) celebrated its first full fiscal year of operations in 2016.  Key achievements for the year include: WCF ended 2016 with over $450MM in assets which allowed it to exceed its growth and profit targets for the... Read Story
February 01, 2017, 07:10 AM


Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, today announced that it has made a growth capital investment in Currency Capital, LLC, a leading online equipment financing exchange... Read Story
January 31, 2017, 07:15 AM


Regents Capital Corporation reported a 35% Y/Y funded volume growth and a 100% Y/Y increase in company size and service offerings in 2016. Regents attributes their rapid growth and success to their investment of newly acquired capital towards direct... Read Story
January 31, 2017, 07:04 AM


Odessa Technologies announced it will host the LeaseWave2017 User Conference from June 14-16 at the Hotel Sofitel in Philadelphia. Customers, prospective customers, partners and industry thought leaders will come together to collaborate and learn... Read Story
January 31, 2017, 06:00 AM


Mitsubishi UFJ Lease & Finance (U.S.A.) Inc. Corporate Asset Finance Division (MULUSA CAF) announced its 2016 results which included 13 closed transactions totaling $110 million, exceeding goals for the business which launched nine months ago on... Read Story
January 27, 2017, 07:00 AM


The Commercial Finance Association announced that Bob Trojan has, effective immediately, discontinued his affiliation with CFA and Richard Gumbrecht has been appointed Interim CEO.Gumbrecht was most recently the Chief Growth Officer at EverBank... Read Story
January 26, 2017, 07:17 AM


CG Commercial Finance has announced aggressive growth plans moving into 2017 and beyond. With the recent capital investment from funds managed by Atalaya Capital Management LP, the company is deploying a growth strategy that involves extensive... Read Story
January 26, 2017, 07:14 AM


Congratulations are in order to the volunteers, sponsors, and contributors who helped the Chris Walker Education Fund achieve its annual goal.  The foundation’s goal for 2016 was to have $50,000 available for distribution and to award $10,000 in... Read Story
January 25, 2017, 07:00 AM


Onset Financial's General Counsel, Scott Finlinson recently accepted an appointment to the Equipment Leasing & Finance Association Legal Committee. He will serve until November 2019. Before joining Onset Financial full-time, Finlinson was an... Read Story
January 25, 2017, 06:15 AM


Odessa Technologies announced the launch of the Partner Alliance Network, formalizing the certification process of third party consultants in Odessa’s products and implementation methodologies. The Partner Alliance Network will provide Odessa’s... Read Story
January 24, 2017, 07:04 AM


Regents Capital has launched a redesigned, fully responsive website at regentscapital.com. The website focuses on Regents’ commitment to providing results despite whatever equipment financing realities (cash concerns, collateral challenges... Read Story
January 24, 2017, 07:00 AM


Ascentium Capital was announced as a finalist in the Top Small Business Lending Platform category by LendIt, the world’s largest show in lending and FinTech. Finalists included companies that demonstrate a combination of loan performance, volume... Read Story
January 20, 2017, 07:15 AM


SS&C Technologies Holdings, a global provider of financial services software and software-enabled services, announced the availability of Fitch credit ratings to its popular managed data service SVC. Fitch Solutions is a leading provider of credit... Read Story
January 20, 2017, 07:03 AM


Fitch Ratings launches its Ratings Navigator for Non-Bank Financial Institutions (NBFIs) - a visual overview of all the factors affecting an NBFI's standalone rating, their relative importance and likely direction of movement. "Ratings Navigator is a... Read Story
January 19, 2017, 07:12 AM


Leading venture debt provider Trinity Capital Investment (Trinity) announced the expansion of its equipment lease financing operations. The company is reserving approximately $200 million for the purpose of leasing equipment to early stage, venture... Read Story
January 18, 2017, 07:15 AM


Key Equipment Finance Vice President Colleen Daly has joined the Equipment Leasing and Finance Association's communications committee, which guides the association's internal and external communications. Daly, who joined Key Equipment Finance in 2004... Read Story
January 17, 2017, 06:47 AM


Equipment Finance Advisor, the leading online publisher covering the equipment leasing and finance sector of the commercial finance, today announces the appointments of Chris Moraff as Associate Editor and Tracy Miller as Marketing Coordinator to the... Read Story
January 13, 2017, 07:15 AM


Balboa Capital announced the results of its Section 179 Tax Deduction survey, which was conducted to gauge small business owners’ understanding and usage of this IRS tax code, as well as their capital equipment investing plans for 2017. The survey... Read Story