Velocity Truck Centers (VTC) announced the company has further expanded into Canada with the acquisition of First Truck Centre (First Truck). The acquisition of First Truck, with 12 locations in British Columbia and Alberta, Canada, adds the largest...
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November 06, 2023, 07:20 AM
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An interview with Howard Shiebler, who will speak at ELFA’s 2023 Operations & Technology Conference and Exhibition, Sept. 11-13 in New Orleans. See details and register for the Conference at www.elfaonline.org/events/2023/OT. In our increasingly...
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July 24, 2023, 07:15 AM
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Crossroads Equipment Lease and Finance, a provider of transportation financing solutions, announced the opening of a new office in Irving, TX. This latest development is part of Crossroads' strategic growth plan, aiming to strengthen its position in...
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July 19, 2023, 07:05 AM
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Crossroads Equipment Lease and Finance announced the addition of Chief Financial Officer Andrew Walsh to its leadership team.Walsh has over 20 years’ experience in finance, including accounting and leadership roles with high profile banking...
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May 04, 2023, 07:18 AM
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Crossroads Equipment Lease and Finance, a national equipment lender focused on commercial transportation, has appointed Brent Russell to its leadership team as Senior Vice President.
An experienced commercial leader with a proven track record in...
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May 01, 2023, 07:20 AM
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Crossroads Equipment Lease and Finance, LLC priced its $161 million ABS backed by commercial truck loans to substantial demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment securitization...
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December 27, 2022, 07:20 AM
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Velocity Truck Centers (VTC) announced the company has further expanded into the Mid-South with the acquisition of Kentucky Freightliner Trucks, Inc. The acquisition brings the important Lexington, KY, market into the VTC network.VTC has 65 locations...
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July 20, 2022, 07:16 AM
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Crossroads Equipment Lease and Finance announced Lorraine Reynoso has been named one of Women in Trucking's 2022 Top Women to Watch in Transportation.Having held a variety of accounting, funding and customer facing roles over the past eight years...
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March 16, 2022, 07:15 AM
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Velocity Truck Centers (VTC) announced the company has expanded further into the Southeast with the acquisition of Triple-T Truck Centers. These acquisitions extend VTC’s reach in the Southeast along the I-40 in North Carolina to Warsaw, Rocky Point...
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January 04, 2022, 07:17 AM
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Crossroads Equipment Lease and Finance announced Mike Cohen as its new Chief Risk Officer.Cohen has over 30 years of experience in equipment finance, including risk and leadership roles with some of the biggest lenders in the industry.“As our...
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October 05, 2021, 07:20 AM
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Crossroads Equipment Lease and Finance is an industry leader in programs designed to replace older on road commercial equipment with cleaner, lower emissions vehicles. For Earth Day this year, Freightliner’s new eCascadia made an appearance at...
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April 23, 2021, 07:10 AM
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Velocity Truck Centers (VTC), a group of commercial vehicle dealerships in the Southwest, is announced the company has expanded into the Southeast with the acquisition of Neely Coble Company, Inc. This acquisition extends VTC’s reach from California...
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March 08, 2021, 07:20 AM
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Crossroads Equipment Lease and Finance, LLC recently priced its $163 million ABS debut backed by commercial truck loans to solid demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment...
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February 10, 2021, 07:22 AM
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Crossroads Equipment Lease and Finance announced the addition of commercial trucking insurance to its offering. Crossroads will offer its customers an array of coverage options including: Commercial Auto Liability, Commercial Physical Damage, Cargo...
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October 21, 2020, 07:15 AM
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Crossroads Equipment Lease and Finance announced Michael Jones as its new Chief Financial Officer.With over 25 years of experience in financial services and fintech industries, Jones is a natural fit. His track record of building successful teams in...
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October 13, 2020, 07:20 AM
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LTi Technology Solutions (LTi), a provider in equipment finance software solutions, announced a partnership with Crossroads Equipment Lease and Finance to implement the ASPIRE platform to support its business. Crossroads is improving commercial truck...
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April 27, 2020, 07:25 AM
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Velocity Truck Centers (VTC), a sister company of Crossroads Equipment Lease and Finance, has acquired Central California Truck and Trailer Sales, Inc. (CCTTS), an independent used-truck and new/used trailer retailer in California. CCTTS will now be...
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January 14, 2020, 07:12 AM
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In the lead-up to Clean Air Day 2019, heavy-duty trucking company Total Transportation Systems, Inc. (TTSI) announced its switch from all diesel vehicles to 100 percent clean natural gas, battery electric and hydrogen fuel cell vehicles.In any given...
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October 01, 2019, 07:30 AM
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Crossroads Equipment Lease and Finance announced the additions of Shelby Chase as Customer Solutions Manager and Mike Peterson as Director of Syndication.Chase joins Crossroads with a wealth of valuable experience in process integration and data...
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August 20, 2019, 07:26 AM
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Crossroads Equipment Lease and Finance, a provider of world class transportation financial solutions, has launched significant improvements to its website, crlease.com. It is investing in the enhancement of its programs, processes and website...
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November 02, 2018, 07:00 AM
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Jim Kachidurian has been named Executive Vice President–Business Development at Crossroads Equipment Lease & Finance, reporting to President Howard Shiebler.“In this new position, Jim will be responsible for new vendor and direct sales, as well as...
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September 24, 2018, 07:20 AM
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Crossroads Equipment Lease & Finance announced Luis Rodriguez has joined the company to manage vendor relationships in the Inland Empire area of Southern California.Rodriguez comes to Crossroads with experience in both the automotive and trucking...
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March 30, 2017, 07:02 AM
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Velocity Vehicle Group has hired Howard Shiebler to lead Crossroads Equipment Leasing and Finance, LLC.“Howard brings a leadership and entrepreneurship background that will help us grow and diversify our Crossroads business,” said Brad Fauvre...
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January 13, 2017, 07:10 AM
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Crossroads Equipment Lease & Finance, LLC (Crossroads) launched First Continental Capital Group (First Continental); a telesales division for syndicating commercial equipment loans and leases up to $50M. This division is led by finance industry...
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November 18, 2015, 06:51 AM
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Crossroads Equipment Lease & Finance sold $117 Million worth of a trucking equipment loan portfolio. The portfolio will continue to be serviced by Crossroads. The sale for part of Crossroads trucking equipment portfolio was strategic in efforts to...
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October 21, 2015, 07:00 AM
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TAB Bank announced it has signed a definitive agreement to acquire a $54 million trucking equipment loan portfolio from Crossroads Equipment Lease & Finance, LLC. The portfolio acquired by TAB Bank will continue to be serviced by Crossroads...
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September 03, 2015, 07:05 AM
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