Fleet Advantage announced Wesley Hall, CTP, has been promoted to Fleet Director of Operations and Off Lease; Ysis Jackson has been promoted to Remarketing Operations Manager; and Shayna Sweet has been promoted to Manager of Dealer Services and...
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April 05, 2024, 07:18 AM
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announce the appointment of Rich Johnston as President, Peapack Capital, a subsidiary of the Bank, which focuses on equipment finance and leasing. He is now responsible for overseeing...
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January 12, 2024, 07:25 AM
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Great American Insurance Group Specialty Equipment Division and TrustLayer announce the launch of a real-time tracking solution for the equipment finance industry. This enhances the API-driven coverage solutions that Great American Specialty...
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September 15, 2023, 07:18 AM
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GSF Advisors announced Ted Jenkins has returned to join the firm that he co-founded in 2005 as a Managing Director in its Boston Office.Jenkins is a successful investment banking professional with over 35 years of experience in advising, structuring...
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April 25, 2023, 07:10 AM
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Associated and Stoffel Equipment Company have merged. The combined company will operate under the Associated name. With this merger, Associated expands its presence in the Midwest to include Wisconsin and the Upper Peninsula of Michigan.Tim Combs...
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April 05, 2023, 07:05 AM
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WS Capital Series Fund LLC (WS Capital), an alternative investment fund, announced its newest partnership with an equipment distributor based in Pennsylvania. WS Capital, whose portfolio includes assets in equipment leasing as well as private...
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March 10, 2023, 07:15 AM
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Merchants Fleet announced a major expansion of its lending capacity, more than doubling its ability to fund vehicles and equipment for its traditional fleet and mobility clients throughout the country. The new lending capacity aligns Merchants with...
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February 10, 2023, 07:23 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing to cannabis companies in the United States, announced it has entered into a new lease agreement with Curaleaf Holdings Inc., which currently operates in 21 states...
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January 10, 2023, 07:17 AM
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WS Capital Series Fund LLC (WS Capital), which invests in high growth, private corporate entities and Owner Tom Signorelli are rolling out an equipment leasing division that will focus on alternative assets, including aircraft and marine assets. The...
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January 04, 2023, 07:20 AM
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Farmers & Merchants State Bank announced the appointment of Andy Baker as the Regional President for its Northern Indiana market. Lars Eller, President and Chief Executive Officer said, “Andy has a long and proven history of building markets and his...
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November 23, 2022, 07:20 AM
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Trinity Capital Inc., a provider of debt and equipment financing to venture capital backed growth stage companies, announced it has closed a $30 million equipment financing line for Aledia, a LED technology company that develops and manufactures next...
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May 11, 2022, 07:20 AM
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Customers Bank, a digital and fintech-forward top 100 national bank with nearly $20 billion in assets, announced the institution hired industry veteran John Donohue to serve as Executive Vice President, Managing Director of Customers Commercial...
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March 23, 2022, 07:25 AM
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Nepra Foods Inc., creator of nutritious plant-based and allergen-free food, announces it has entered into a lease agreement with Farnam Street Financial, Inc. pursuant to which Farnam Street will lease to the company food-processing equipment costing...
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January 25, 2022, 07:09 AM
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Accord Financial Corp., one of the U.S. and Canada’s leading independent finance companies, announced the appointment of Jim Hogan as President, U.S. Asset Based Lending (ABL) as of Jan. 1. As a member of the Executive Leadership team, he will be...
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January 07, 2022, 07:16 AM
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Atalaya Capital Management, an alternative asset manager focused on asset-backed private credit and special opportunities, announced the securitization of equipment leasing assets from its Atalaya Equipment Leasing Fund I (AELF). The ABS issuance was...
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December 10, 2021, 07:24 AM
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McGinty Road Partners, a multi strategy investment firm, announced it has closed a new senior lending facility with Texas Capital Bank to further expand its equipment leasing capabilities. The size of the facility was not disclosed.Steven Katz...
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July 12, 2021, 07:20 AM
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Wabtec Corporation announced it has signed a definitive agreement to acquire Nordco, a North American supplier of new, rebuilt and used maintenance of way equipment with a broad product and service portfolio including mobile railcar movers and...
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March 25, 2021, 07:11 AM
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First Midwest Bank announced it has hired David Larsen to head its new Commercial Banking office in Minneapolis to better serve clients across Minnesota. Larsen recently joined First Midwest from TCF Bank, where he was the Minneapolis Market Manager....
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February 17, 2021, 07:10 AM
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Equitable Group Inc. announced Chadwick Westlake will join the Management Committee of the Bank as Senior Vice-President and Chief Financial Officer, effective Nov. 2. He comes to Equitable following more than 18 years at Scotiabank in progressively...
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October 21, 2020, 07:22 AM
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Metropolitan Commercial Bank announced equipment leasing veteran Maryann Metlitz joined the Bank as Vice President, Commercial Lending Officer. She will report to Luke J. Kaufman, First Vice President, Head of Commercial Lending.Metlitz brings more...
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October 14, 2020, 07:25 AM
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New York Attorney General Letitia James has won a major victory in New York State Supreme Court that will deliver much needed relief to thousands of small business owners across New York and the rest of the nation. The sweeping decision will void...
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June 11, 2020, 07:20 AM
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Mint Financial Group, the Florida-based financial services company, doubled its staff in the second quarter to focus on the growing problem in America with business owners being forced to take Merchant Cash Advances at very high interest as banks...
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September 17, 2019, 07:02 AM
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The Commercial Finance Association Education Foundation, soon to become the Secured Finance Foundation, announced the findings of a comprehensive study of the scope and impact of the secured commercial finance market in the U.S. The 2019 Secured...
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March 08, 2019, 07:10 AM
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SQN Investment Advisors, LLC, a fund manager and SEC registered investment adviser that specializes in asset backed and equipment leasing funds, has announced that it is rebranding to Arboretum Investment Advisors, LLC. This comprehensive rebrand is...
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January 11, 2019, 07:10 AM
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Sentry Financial, an independent equipment leasing company, hired Doug Slagle as Vice President of Equipment Finance. In this role, Slagle will be responsible for originating and managing strategic OEM and vendor finance programs.“Sentry has a...
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January 07, 2019, 07:25 AM
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Charles K. Patterson, president at Southeastern Equipment Co., Inc., in Cambridge, Ohio, announced he was retiring after 46 years with the company. Over his tenure, Patterson held a variety of positions, including Sales Representative, Branch Manager...
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January 02, 2019, 07:05 AM
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Data Sales Co. announced its continued relationship with Backblaze, increasing its lease facility to $18 million to support Backblaze’s domestic and global IT equipment expansion.With more than 700 petabytes of data storage, Backblaze’s growing...
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December 12, 2018, 07:25 AM
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Encina Equipment Finance announced today that it has provided a $14 million equipment lease line to a healthcare services company. The facility is being used to fund the purchase of new equipment.Launched in June 2017, Encina Equipment Finance...
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November 08, 2018, 07:17 AM
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Live Oak Bank announced new additions to its financial offerings by adding fitness center lending and equipment leasing options to continue strategic growth in new industries and products.
“Our aim is to build upon Live Oak’s model in providing...
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October 31, 2018, 07:00 AM
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Accord Financial Corp. announced it has signed a new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The three-year agreement was arranged by The Bank of Nova Scotia, acting as administrative agent, sole...
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August 02, 2018, 07:15 AM
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Florida-based Xtraction Services (XS), a provider of equipment solutions for cannabis and hemp extraction, announced the launch of its equipment leasing program. XS is providing in-house financing to its customers.
Top oil processors such as Halo...
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July 27, 2018, 07:05 AM
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Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance, Inc., announce the hiring of Ed Parker, Garrett Wilkins and Ignacio Solares as account managers on its direct originations team located at its Frisco, Texas, headquarters.In...
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July 18, 2018, 07:25 AM
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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...
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June 29, 2018, 07:30 AM
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Two large equipment leasing subsectors whose performance is closely tied to global trade volumes -- containers and containerships -- have recovered meaningfully since the 2015 downturn, Fitch Ratings said. Despite some uncertainties on the horizon...
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March 23, 2018, 07:15 AM
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Mazuma Capital is funding a $4.5 million operating lease on industrial ovens for a growing mining company. The ovens will be used in refining a rare ore only found in a remote area of the western United States. The ore is an ideal resource that...
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October 21, 2014, 07:13 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the October 2014 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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October 20, 2014, 07:11 AM
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The Hartford Business Journal reports Berkshire Bank said it has established a new business unit in Hartford focused on equipment leasing.According to the Hartford Business Journal, Berkshire's Equipment Leasing Group will target equipment-lease...
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December 23, 2013, 07:06 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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December 20, 2013, 07:02 AM
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The equipment finance market is projected to reach $827 billion in 2013, according to the 2013 State of the Equipment Finance Industry Report released today at the 52nd Annual Convention of the Equipment Leasing and Finance Association. The study...
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October 21, 2013, 07:46 AM
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Compensation in the equipment finance industry rose for the third year in a row in 2012, according to the 2013 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association (ELFA) and McLagan. For the third...
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September 30, 2013, 07:01 AM
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Investment in equipment and software is expected to grow 5.6 percent in 2013, according to the Q2 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. The Foundation...
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April 03, 2013, 07:26 AM
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NXT Capital announced the launch of NXT Capital Equipment Finance. This new business will be led by Michael Gay, an equipment finance industry veteran. NXT Capital Equipment Finance offers a full range of flexible financing solutions to middle-market...
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April 02, 2013, 07:14 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the August 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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August 21, 2012, 08:00 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the June 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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June 22, 2012, 08:00 AM
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Bankers Healthcare Group, Inc. celebrates a winning year in 2011 as they expand their menu of financing solutions to healthcare providers nationwide.Bankers Healthcare Group, Inc. (BHG) has spent more than two decades helping healthcare providers...
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March 29, 2012, 07:00 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the March 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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March 23, 2012, 08:30 AM
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Canadian commercial lending edged up for the fifth straight time in the final quarter of last year and reached its highest since 2009, suggesting a pickup in investment that should help keep the economy growing.PayNet, which tracks commercial...
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March 15, 2012, 07:00 AM
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