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Equipment Finance Advisor News



Week's News

Equipment finance companies are experiencing a rise in lease contract deferrals as their customers request payment relief during the COVID-19 pandemic.JDR Solutions Inc., a portfolio management service provider, handled multiple contract... Read Full News
May 26, 2020, 07:25 AM
Filed Under: Industry News


Equipment Finance Advisor recently completed its first EFA reLaunch Survey, asking readers:“How difficult do you believe it will be to adhere to social distancing and safety guidelines in the workplace?”As illustrated in the graphic below, 75% of... Read Full News
May 26, 2020, 07:22 AM
Filed Under: Industry News


Brian Mulder has joined FORT Capital Resources as Vice President of Operations & Program Management, and he is making his presence felt with quantitative results.“Mulder hit the ground running after joining the team in October of 2019,” said Brian... Read Full News
May 26, 2020, 07:21 AM


Crestmark announced it provided more than $27.2 million in commercial financing to 32 businesses in the first half of May. Crestmark Equipment Finance provided $7,564,246 in four new lease transactions; Crestmark Vendor Finance provided $10,791,438... Read Full News
May 26, 2020, 07:20 AM


According to ACT Research’s recently released Transportation Digest, the COVID-19 pandemic is having its most severe impact on North American, and global, economic activity now. The report noted the extent of the shock was a near total surprise to... Read Full News
May 26, 2020, 07:05 AM
Filed Under: Trucking


CIT Group Inc. and Lenovo announced a three-year program extension to their Lenovo Financial Services program, continuing the decade-long relationship. Under the extension, CIT will continue to provide a broad range of vendor financing solutions for... Read Full News
May 22, 2020, 07:25 AM
Filed Under: Program Agreements


Leading indicators for IT spending appear to be stabilizing and bottoming out in many countries, reflecting a period of relative calm before economic lockdown measures are expected to be eased in the next few weeks. However, confidence levels in the... Read Full News
May 22, 2020, 07:21 AM
Filed Under: Economy


LBC Capital announced the extension of its partnership with Lenovo, which will see LBC Capital continue as the exclusive lessor for the Lenovo Financial Services program in Canada until 2023.Since its 2010 launch, this partnership has leveraged the... Read Full News
May 22, 2020, 07:15 AM
Filed Under: Program Agreements


The NFIB Research Center released a survey on the status of the small business loan programs. Among NFIB members, 80 percent applied for a Paycheck Protection Program (PPP) loan and almost 90 percent have received the loan. Most of the loans were... Read Full News
May 22, 2020, 07:14 AM
Filed Under: Industry News


Equipment Finance Advisor's offices will be closed on Monday, May 25 in observance of Memorial Day. We will return with our Daily eNews Blast on Tuesday, May 26.We wish all of our readers a very safe and happy holiday! Read Full News
May 22, 2020, 07:00 AM
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