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Equipment Finance Advisor News

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past two weeks

Small business lending climbed to an all-time high in May, according to the latest Strategic Insights Report from PayNet, the leading provider of small business credit data and analysis. The Thomson Reuters / PayNet Small Business Lending Index... Read Full News
July 09, 2018, 07:20 AM
Filed Under: Economy

CIT Group Inc. announced it has added a senior leader to its Communications & Technology Finance team in its Commercial Finance division.Jason Cha joins CIT as director of originations, with primary responsibility for expanding its existing coverage... Read Full News
June 29, 2018, 07:15 AM

Welbilt, Inc., a global provider of commercial foodservice equipment, announced it has launched the Welbilt Kitchen Leasing Program at the 2018 National Restaurant Association show in Chicago. This first-of-its-kind program is designed to provide all... Read Full News
June 29, 2018, 07:30 AM
Filed Under: Industry News

Hilco Receivables and Hilco Industrial, both units of Hilco Global, announced they have acquired the extensive assets of the Edwards Brothers Malloy Printing Company.  The multi-million-dollar acquisition deal is a joint venture between the Hilco... Read Full News
July 02, 2018, 07:05 AM

Brian Trebels, CEO of Equipment Leasing Group of America, LLC (ELGA), announced details of the company's latest financing plan for yacht and marine vessel owners."The global recreational boat market is expected to be worth approximately $23 (billion)... Read Full News
July 05, 2018, 06:55 AM
Filed Under: Marine

CIT Group Inc. announced it is expanding its Business Capital team with the addition of two business development officers to help support growth initiatives for business technology solutions.“Expanding our business development team will enable us to... Read Full News
June 27, 2018, 07:25 AM

Bank of the West (BOTW) Equipment Finance announced the appointment of Terese Kramer as Head of Asset Management in San Francisco. Kramer assumes a newly created leadership role for the Asset Management Group within the Equipment Finance Division... Read Full News
July 09, 2018, 07:25 AM

The Equipment Finance Advisor office will be closed on Wednesday, July 4 in observance of Independence Day. We will return on Thursday, July 5 to bring you our coverage of the commercial finance industry.We wish our readers a safe and happy holiday! Read Full News
July 03, 2018, 11:00 PM
Filed Under:

What is the state of credit and collections in the equipment finance industry? The 8th Annual Credit Manager Survey provides some key insights. The survey results, based on feedback from 128 ELFA credit and collections leaders, were presented at the... Read Full News
July 06, 2018, 07:15 AM

Quebec-based Innergex Renewable Energy Inc. announced the acquisition of a sizable photovoltaic solar project located in Winkler County, Texas, from Longroad Energy Partners, LLC. Total construction costs are estimated at $397 million and will be... Read Full News
July 05, 2018, 07:05 AM
Filed Under: Energy