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Week's News

OnDeck announced the hiring of three senior financial services executives as members of its management teams in Risk, Partnerships and Marketing.The new executives are: RiskChris McCall has joined OnDeck as Head of Acquisition Risk Management with... Read Full News
February 15, 2019, 07:30 AM


Wells Fargo & Company, one of the leading Small Business Administration lenders in the U.S., announced 38-year company veteran Don Fracchia has been named Head of its SBA lending division.In this role, Fracchia will lead more than 400 team members... Read Full News
February 15, 2019, 07:25 AM


Bridge Bank announced three leadership changes within its technology and equity fund resources banking groups. The leadership changes will result in being more closely aligned with the company's strategic plan as Bridge Bank and its technology and... Read Full News
February 15, 2019, 07:18 AM


Crestmark Equipment Finance (CEF) announced the appointment of the division’s Chief Information Officer (CIO) Jeffrey Emrich to the Equipment Leasing and Finance Association’s (ELFA) Operations & Technology Planning Committee for 2019. The goal of... Read Full News
February 15, 2019, 07:10 AM


The Equipment Leasing & Finance Foundation released the February 2019 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market increased in February to 56.7, an increase from the... Read Full News
February 14, 2019, 07:25 AM


Hitachi Solutions America, Ltd. has announced Engage for Asset Management and Engage for Private Equity – products re-engineered specifically for Microsoft Dynamics 365. The Engage product line enables financial institutions to quickly customize and... Read Full News
February 14, 2019, 07:10 AM
Filed Under: Industry News


Allegiant Partners Incorporated, dba AP Equipment Financing, announced the change of its corporate headquarters from Walnut Creek, CA to Bend, OR. “We opened an office in Bend several years ago with one person. Due to its great weather, good schools... Read Full News
February 14, 2019, 07:09 AM
Filed Under:


CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $24 million senior secured credit facility for Pocono ProFoods, a foodservice distributor in the Northeast and... Read Full News
February 14, 2019, 07:05 AM


Preliminary used Class 8 volumes (same dealer sales) improved moderately in January, rising 4 percent month-over-month, following two sequential declines, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used... Read Full News
February 14, 2019, 06:55 AM
Filed Under: Trucking


Nations Equipment Finance has promoted Mike Brigante to Managing Director, Sales and Capital Markets. In this new role, He will be managing a direct originations team as well as overseeing the Nations’ Capital Markets group. Ryan Bohlert has been... Read Full News
February 13, 2019, 07:30 AM