Armando Binelo, 46, of Pigeon Forge, TN, pled guilty for his role in a 20-million-dollar leasing fraud scheme. Daniel Raymond, 54, of Mebane, previously pled guilty to conspiracy to commit mail fraud and wire fraud and was sentenced to 84 months in...
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April 22, 2024, 07:20 AM
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Sudhir Amembal, an affiliate of Rinaldi Advisory Services and CEO of Amembal & Halladay, conducted a webinar on Feb. 13 entitled, "Winning with Leasing!” The one-hour webinar attracted over 200 equipment finance professionals. They represented a...
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February 14, 2024, 07:15 AM
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Insight Financial Services (IFS), a division of Insight Investments LLC, announced it has been awarded a purchasing contract from the Mohave Educational Services Cooperative (MESC) to provide leasing and financing services. As an approved program...
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February 09, 2024, 07:18 AM
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Sudhir Amembal, Chairman & CEO of Amembal & Halladay, will be conducting a free webinar on Nov. 14 at 9 a.m. PT, 10 a.m. MT, 11 a.m. CT and 12 p.m. ET. The webinar is entitled "The 30 Extraordinary Benefits of Leasing!".The approximately 60-minute...
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November 01, 2023, 07:15 AM
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First Citizens Bank announced its Middle Market Banking business served as lead arranger on acquisition financing for Nashville-based Encore Luxury Coaches, a leading provider of luxury entertainment travel.The financing supports Encore's strategic...
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October 18, 2023, 07:00 AM
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Mitsubishi HC Capital America is experiencing significant growth in rental financing for dealer-owner and dedicated rental fleets, with year-over-year increases of 150 percent to 550 percent among some of its clients.Availability of new equipment...
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June 28, 2023, 07:10 AM
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Valley Bank, a regional bank with operations along key East Coast markets and California, is expanding its Chicago office with the hiring of Matthew Weidle as First Senior Vice President and Midwest Regional President. In this new role, Weidle will...
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May 24, 2023, 07:18 AM
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Encina Equipment Finance (EEF) announced it has provided a $10 million lease to a leading plastics designer and manufacturer to finance new and existing manufacturing equipment. EEF was represented by Reed Smith LLP.
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March 06, 2023, 07:15 AM
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BMO Financial Group (BMO) and BNP Paribas announced a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive...
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February 22, 2023, 07:23 AM
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Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has been awarded a contract from the Massachusetts Higher Education Consortium (MHEC) to provide leasing and financing services. The contract provides MHEC members...
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February 09, 2023, 07:20 AM
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Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has been awarded a contract from Choice Partners national purchasing cooperative to provide leasing services for technology equipment. The contract provides Choice...
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September 01, 2022, 07:10 AM
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National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced it has made a strategic growth investment in Finova Capital, a business lender focused on merchant finance and the...
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March 24, 2022, 07:19 AM
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Merchants Fleet, a fast-growing?fleet management company,?announced the hire of Alex Coveney as Director of Strategic Partnerships for Enterprise level accounts in North America and Canada.In this role, Coveney will oversee strategic OEM (Original...
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February 28, 2022, 07:18 AM
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BlueCrest, a global provider in the high-volume postal and parcel automation market, announced the launch of BlueCrest Financial Services. BlueCrest Financial Services is a new offering that provides flexible financing tailored to each client’s...
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January 27, 2022, 07:14 AM
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Rush Enterprises, Inc., which operates the largest network of commercial vehicle dealerships in North America, has acquired certain assets of Summit Truck Group, one of the largest international brand commercial vehicle dealership groups in the...
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December 16, 2021, 07:21 AM
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The Greenbrier Companies, Inc. announced its Board of Directors appointed President and Chief Operating Officer Lorie Tekorius, as the company's next CEO and President, effective March 1, 2022. On the same date, Greenbrier's co-founder, Chairman and...
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October 27, 2021, 07:22 AM
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Promaxo, Inc., a medical imaging, robotics and AI technology company, announced an asset financing agreement with kineo finance, a financing and working capital solutions provider for medical technology, robotics and other high-tech companies. The...
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October 04, 2021, 07:10 AM
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A Southwest Georgia businessman and owner of a tractor supply company who pleaded guilty to orchestrating a complicated fraud involving millions of dollars of loans by multiple creditors was sentenced to prison and ordered to pay restitution to his...
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September 20, 2021, 07:25 AM
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Each year at its Annual Meeting, NationaLease, one of the largest full-service truck leasing organizations in North America, announces the recipients of that year’s Leadership Circle Awards. This year, 25 member companies were recognized for their...
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September 20, 2021, 07:05 AM
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Chadwick BaRoss Inc. (CBR) announced it has completed the acquisition of J.F. McDermott Corp. (McDermott), a Whitman, MA-based distributor (since 1942) of equipment to the water and waste water industries. Under the announced deal, all of McDermott's...
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September 13, 2021, 07:20 AM
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Fleet Advantage announced results of its latest fleet industry benchmarking survey showing how trends in fuel economy, maintenance, environmental concerns and procurement strategies have changed since last year. Procurement Strategies & Lease...
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September 09, 2021, 07:13 AM
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The Greenbrier Companies, Inc., an international supplier of equipment and services to global freight transportation markets, announced the renewal and extension of three bank facilities totaling over $1 billion. Greenbrier successfully renewed and...
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August 31, 2021, 07:21 AM
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Rochester, NY-based Hyzon Motors Inc., a global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, announced it has launched leasing service for the provision of heavy-duty fuel cell electric vehicles (FCEVs) to its customers...
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April 01, 2021, 07:12 AM
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BayoTech, an on-site hydrogen production company, announced a partnership with DLL.BayoTech and DLL have partnered to create a leasing program to bring BayoTech hydrogen generators to customers. This collaboration will enable customers to have access...
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April 09, 2020, 07:20 AM
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The Governmental Accounting Standards Board issued guidance addressing various accounting and financial reporting issues identified during the implementation and application of certain GASB pronouncements.The issues covered by GASB Statement No. 92...
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February 10, 2020, 07:03 AM
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LeaseAccelerator announced the results of a research study on the use of lease accounting centers of excellence by public companies that have adopted ASC 842. Over 100 finance and accounting professionals from U.S.-based publicly traded companies...
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February 07, 2020, 07:10 AM
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The 2020 sector and Ratings Outlooks for North American finance and leasing companies (FLCs) are stable, according to Fitch Ratings. The solid, albeit slowing, macroeconomic environment is expected to result in consistent credit loss performance and...
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November 22, 2019, 07:25 AM
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Bristow Group Inc. announced it has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process and implementing the Chapter 11 reorganization plan confirmed by the U.S. Bankruptcy Court for the Southern...
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November 01, 2019, 07:25 AM
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Deere & Co. is spending billions of dollars a year to buy its own equipment for a leasing program, which boosts sales of new farm tractors and construction machinery but adds financial complexity and weighs on the used-equipment market, the Wall...
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October 14, 2019, 07:30 AM
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Key Equipment Finance, an affiliate of KeyCorp, announced Kevin Nash has been named Leasing Manager for the Michigan and Northwest Ohio markets. In this role, Nash will identify, develop and close end-user-based equipment finance and leasing...
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September 11, 2019, 07:25 AM
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Wings Capital Partners announced the addition of Jakob Gallagher as Vice President – Treasurer & Capital Markets.“Jakob’s strong background in corporate finance and experience in the capital markets will position him well in his new role. We are...
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August 20, 2019, 07:20 AM
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Liberty Defense Holdings Ltd., a leader in security and concealed threat detection solutions, announced Amsource Capital Ltd. as a preferred financing partner, to facilitate large and small ticket leasing and financing for purchasers of its HEXWAVE...
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July 03, 2019, 07:20 AM
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Determined to bring ISOs new and improved ways to offer leasing to their merchant customers, a team of former leasing executives has created NLS Equipment Finance.
The founders say the company will provide ISOs with all the benefits of leasing: ...
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May 20, 2019, 07:25 AM
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It is with great sadness that National Equipment Finance Association announces the passing of Joe Woodley. Joe passed away April 2 after a brief illness. Joe Woodley was a leasing and specialty finance industry veteran and icon who was named as one...
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April 05, 2019, 07:30 AM
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Insight Financial Services (IFS), a division of Insight Investments, LLC, announced the expansion of its enterprise sales team in the Midwest, with the addition of Steve Dodge as Senior Account Executive. Based in Chicago, he will support IFS’...
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February 07, 2019, 07:13 AM
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LiDARUSA announced it is now offer leasing options to qualifying U.S. buyers with Allegiant Partners, Inc.California-based Allegiant Partners., which does business as AP Equipment Financing, was founded in 1998 to serve small businesses by lessening...
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December 27, 2018, 07:10 AM
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Insight Financial Services (IFS), a division of Insight Investments, LLC, announced the continued expansion of its enterprise sales team with the addition of Mike Graziadei as Vice President, Senior Account Executive. He will support IFS’ leadership...
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December 19, 2018, 07:25 AM
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Ryder System, Inc. announced the largest commercial electric vehicle (EV) purchase in the United States, which enables broader adoption of commercial EV technology on a large scale.Together with an order of 1,000 medium-duty electric panel vans by...
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November 20, 2018, 07:30 AM
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Univest Capital, Inc., a subsidiary of Univest Bank and Trust Co., announced the appointment of William Clark as President. In this role, Clark is responsible for the operations and sales departments along with overseeing the planning, budgeting and...
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September 27, 2018, 07:25 AM
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Electro Rent announced the appointment of Tom Reslewic as Global CEO. Reslewic is a seasoned executive from the test and measurement industry and joins from Teledyne, where he was Group President for Defense Electronics and Electronic Measurement...
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September 21, 2018, 07:14 AM
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T-Mobile announced a first-of-its-kind iPhone and iPad leasing program that extends financing from Apple to businesses activating 25 or more lines. And for a limited time, T-Mobile will cover the first $100 of every device leased through the program....
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September 06, 2018, 07:21 AM
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Worldfab, LLC announced it has established an Equipment Leasing Investment Program with alternative investment advisory firm Atalaya Capital Management LP to fund equipment leases and other transactions originated by Worldfab.
“We are excited to...
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September 05, 2018, 07:20 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, announced it has entered into an agreement to place a Boeing 747-400F on a long-term lease with Atlas Air Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings...
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July 13, 2018, 07:15 AM
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Lease Corporation International (LCI), the aviation division of the Libra Group, has delivered a third new Leonardo AW169 helicopter to Elitaliana S.r.l. in Italy, fully equipped for Emergency Medical Services (EMS) operations.The helicopter enters...
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July 09, 2018, 07:05 AM
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Lease Corporation International, the aviation division of the Libra Group, announced the long-term extension of the lease of one of its Boeing 747-400 freighters to ACT Airlines. “We’re delighted to be extending our longstanding partnership with ACT...
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July 06, 2018, 07:20 AM
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Covenant Transportation Group, Inc. announced it has completed the acquisition of Landair Holdings, Inc. of Greeneville, Tenn., the holding company for Landair Transport, Inc. and Landair Logistics, Inc. in a $83 million deal.Landair is a dedicated...
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July 06, 2018, 07:10 AM
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Florida-based AerSale, a supplier of mid-life aircraft, engines, used serviceable material (USM) and maintenance repair and overhaul (MRO) services, announced the addition of Christophe Chicandard as Vice President of Leasing & Trading – Asia Pacific...
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June 29, 2018, 07:10 AM
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Kevin Plummer has joined NationaLease as National Account Executive — West Region. He will be responsible for growing the organization’s full-service lease, contract maintenance and dedicated logistics business solutions.Since 2010, Plummer has held...
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May 31, 2018, 07:24 AM
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Illinois-based Fell Lease Administration announced it is changing its corporate name to Scribcor Global Lease Administration. The name change reflects the company's broader, global capabilities, scalable services, as well as deeper expertise in Lease...
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May 18, 2018, 07:15 AM
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Odessa announced growing momentum as organizations globally continue to select and deploy the LeaseWave Product Suite. Continued System Growth: Organizations across sectors of the leasing industry continue to select Odessa’s unified suite of...
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May 15, 2018, 07:05 AM
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The Women In Leasing LinkedIn Group held an Inaugural Luncheon on Thursday, March 22nd in conjunction with the National Equipment Finance Association’s Spring Summit in San Diego, CA.“It was nice to have a small group get together relax, chat, and...
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March 28, 2012, 10:00 AM
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Economic activity in the non-manufacturing sector grew in January for the 25th consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business. According to the NMI, the 12 non-manufacturing...
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February 06, 2012, 07:30 AM
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