Equipment Finance Advisor will be closed Monday, January 1st for the New Year’s holiday. We will return with our Daily eNews Blast on Tuesday, January 2nd.
We wish all of our readers and advertisers a safe holiday and a happy, healthy and prosperous...
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December 29, 2023, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Thursday, November 23 and Friday, November 24 in observance of Thanksgiving. We will return with our Daily eNews Blast on Monday, November 27.We wish all of our readers a safe and happy...
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November 22, 2023, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Monday, Sept. 4 in observance of Labor Day. We will return with our Daily eNews Blast on Tuesday, Sept. 5.We wish all of our readers a safe and happy holiday!
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September 01, 2023, 07:01 AM
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Equipment Finance Advisor's offices will be closed on Tuesday, July 4 in observance of Independence Day. We will return with our Daily eNews Blast on Wednesday, July 5. We wish all of our readers a safe and happy holiday!
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July 03, 2023, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Monday, February 20 in observance of Presidents’ Day, officially George Washington's Birthday. We will return with our Daily eNews Blast on Tuesday, February 21.We wish all of our readers a very...
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February 17, 2023, 07:00 AM
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In honor of Martin Luther King, Jr. Day, Equipment Finance Advisor will be closed Monday, January 16th. We will return with our Daily eNews Blast on Tuesday, January 17th.
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January 13, 2023, 07:00 AM
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Equipment Finance Advisor will be closed Friday, December 30th through Monday, January 2nd for the New Year’s holiday. We will return with our Daily eNews Blast on Tuesday, January 3rd.We wish all of our readers and advertisers a safe holiday and a...
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December 29, 2022, 07:00 AM
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Equipment Finance Advisor will be closed Friday, December 23rd through Monday, December 26th for the Christmas holiday. We will return with our Daily eNews Blast on Tuesday, December 27th.We wish all of our readers and advertisers a safe and happy...
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December 22, 2022, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Thursday, November 24 and Friday, November 25 in observance of Thanksgiving. We will return with our Daily eNews Blast on Monday, November 28.We wish all of our readers a safe and happy...
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November 23, 2022, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Monday, Sept. 5 in observance of Labor Day. We will return with our Daily eNews Blast on Tuesday, Sept. 6.We wish all of our readers a safe and happy holiday!
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September 02, 2022, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Monday, July 4 in observance of Independence Day. We will return with our Daily eNews Blast on Tuesday, July 5. We wish all of our readers a safe and happy holiday!
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July 01, 2022, 06:58 AM
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CoreTech, an independent technology and equipment lessor, has announced its rebrand to introduce a new visual identity that reflects their growth and aligns with their brand ethos.At the inception of CoreTech in 2008, the original brand logo was...
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February 01, 2022, 07:05 AM
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The staff of Equipment Finance Advisor would like to extend Happy New Year wishes to all of our readers and advertisers. Thank you for your loyalty and goodwill throughout 2021! We will return with the Daily eNews Blast on Monday, Jan. 3...
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December 29, 2021, 07:00 AM
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The staff of Equipment Finance Advisor would like to extend our best wishes for a happy holiday season and our sincere thanks to all of our readers and advertisers for your loyalty and goodwill throughout the year! Our offices will be closed Thursday...
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December 22, 2021, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Thursday, November 25 and Friday, November 26 in observance of Thanksgiving. We will return with our Daily eNews Blast on Monday, November 29.We wish all of our readers a safe and happy...
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November 24, 2021, 07:00 AM
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As Peapack-Gladstone Bank celebrates its centennial, the company continues to pursue the original mission established by its founders in 1921: to provide value-added banking services and strength to the communities it serves. To commemorate its...
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November 22, 2021, 07:00 AM
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Loeb announced easier and quicker access to its portfolio of financial services with the launch of its updated and completely redesigned website, loebequipment.com. Whether you are looking for appraisal, auction, liquidation or financial services...
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September 15, 2021, 07:06 AM
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Equipment Finance Advisor's offices will be closed on Monday, Sept. 6 in observance of Labor Day. We will return with our Daily eNews Blast on Tuesday, Sept. 7.
We wish all of our readers a safe and happy holiday!
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September 03, 2021, 06:55 AM
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Fairfield Capital Group, LLC announced that it has gone live with its newly redesigned website.“When we started Fairfield Capital in 2004, our clients’ equipment financing needs were mostly limited to legacy assets such as traditional manufacturing...
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August 05, 2021, 07:08 AM
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Vantage Financial is celebrating its 10th Anniversary this month. Vantage was founded in 2011 by Bob Murphy and Bill Foudray, and ot has grown into a nationally recognized equipment leasing company with over 30 employees and eight offices across the...
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July 29, 2021, 07:09 AM
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Equipment Finance Advisor's offices will be closed on Monday, July 5 in observance of Independence Day. We will return with our Daily eNews Blast on Tuesday, July 6. We wish all of our readers a safe and happy holiday!
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July 02, 2021, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Monday, May 31 in observance of Memorial Day. We will return with our Daily eNews Blast on Tuesday, June 1.We wish all of our readers a very safe and happy holiday!
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May 28, 2021, 07:00 AM
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ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, has launched a new interactive website (www.engsfinance.com) with improved features that delivers an enhanced experience for visitors. The new website has been designed to offer...
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May 06, 2021, 07:02 AM
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281,550 – That’s the number of women expected to develop invasive breast cancer in the U.S. in 2021 alone, as projected by the American Cancer Society. This astonishing number highlights the growing threat that women face and the need for awareness...
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April 16, 2021, 07:05 AM
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Beacon Funding Corporation announced the launch of its fully redesigned and responsive blog at BeaconFunding.com/blog. The new section on Beacon Funding’s website provides visitors easy access to articles and videos about equipment financing.“It’s...
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March 26, 2021, 07:00 AM
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Fleet Advantage announced its foundation, Kids Around the Corner, made a donation of $15,000 to Arc Broward, a South Florida organization dedicated to helping advance and enrich the lives of people with special needs and developmental disabilities....
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February 24, 2021, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Monday, February 15 in observance of Presidents’ Day, officially George Washington's Birthday. We will return with our Daily eNews Blast on Tuesday, February 16.We wish all of our readers a very...
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February 12, 2021, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Monday, January 18 in observance of the Birthday of Martin Luther King, Jr.We will return with our Daily eNews Blast on Tuesday, January 19.
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January 15, 2021, 07:00 AM
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The staff of Equipment Finance Advisor would like to extend Happy New Year wishes to all of our readers and advertisers. Thank you for your loyalty and goodwill throughout 2020! We will return with the Daily eNews Blast on Monday, Jan. 4...
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December 30, 2020, 07:00 AM
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The staff of Equipment Finance Advisor would like to extend our best wishes for a happy holiday season and our sincere thanks to all of our readers and advertisers for your loyalty and goodwill throughout the year! Our offices will be closed Thursday...
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December 24, 2020, 07:00 AM
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Trinity Capital Inc., a specialty lender providing debt to growth-stage companies, will be moving its headquarters to new, larger office space in spring 2021 to accommodate its continued business growth. Trinity Capital announced it has signed a new...
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December 10, 2020, 07:22 AM
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KLC Financial knows 2020 has been a tough year for many. At KLC, they are thankful this year has actually brought one of the most successful years yet at KLC as it has stayed true to its commitment to be flexible and resilient through all of the...
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December 08, 2020, 07:00 AM
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Equipment Finance Advisor's offices will be closed on Thursday, November 26 and Friday, November 27 in observance of Thanksgiving. We will return with our Daily eNews Blast on Monday, November 30, 2020.We wish all of our readers a very safe and happy...
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November 25, 2020, 06:59 AM
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Beacon Funding announced it is celebrating 30 years of providing equipment financing. Since 1990, its passion has been helping thousands of businesses nationwide do their jobs by getting them the equipment they need.Over the past 30 years, Beacon...
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November 04, 2020, 07:00 AM
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Tamarack Consulting, a provider of independent software solutions in the equipment finance and commercial lending industry, has relocated its headquarters from the Minneapolis Warehouse district to the Vandalia Tower complex in the Midway...
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October 28, 2020, 07:08 AM
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Financial Partners Group announced September’s funding volume of $22 million representing 97 percent growth for September year over year -- the highest origination month in the company’s history.
“The company restructure and additions to...
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October 15, 2020, 06:55 AM
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Alfa has announced a significant new release of its class-leading software platform for asset finance, Alfa Systems.Alfa Systems 5.6 brings together 18 months of important new features, and its highlights include a comprehensive redesign of the user...
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September 24, 2020, 06:00 AM
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LeaseAccelerator unveiled its new corporate brand design and website. The new brand reflects and amplifies the company’s significant investment in the future of the lease lifecycle management market and affirms the company’s commitment to its global...
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September 23, 2020, 07:00 AM
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First Financial Equipment Leasing, formerly First Financial Corporate Services, Inc., a provider of lease financing solutions, announced a refresh of its core branding and launch of a new website.Reflecting on the growth and evolution of First...
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September 03, 2020, 07:18 AM
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Commercial Credit Group Inc. (CCG) announced it has outgrown its existing office space and will move offices to a new location in uptown Charlotte, NC, to provide for future growth. CCG, an independent commercial equipment finance company, will move...
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July 13, 2020, 07:25 AM
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Baby boomers think everything revolves around them. Traditionalists are old-fashioned. Millennials are never on time. X-gens have no identity. Zs are buried in their isolation devices. As numerous generational studies have shown, stereotypes and...
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July 02, 2020, 07:04 AM
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Equipment Finance Advisor's offices will be closed on Friday, July 3 in observance of Independence Day. We will return with our Daily eNews Blast on Monday, July 6. We wish all of our readers a safe and happy holiday!
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July 02, 2020, 07:00 AM
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Med One Group announced the opening of a new distribution office in North Carolina. This new location in Morrisville, NC, will rent and service medical equipment to hospitals and healthcare facilities across the state as well as strengthen the Med...
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June 09, 2020, 07:11 AM
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Craig Weinewuth, President and Chief Executive Officer of ENGS Commercial Finance Co., issued a statement to provide an update: “We are excited to provide an update from our last communication letting you know ENGS Commercial Finance Co. (ENGS)...
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June 09, 2020, 07:05 AM
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To coincide with its 30-year anniversary, Executive Solutions for Leasing & Finance, Inc. announce the launch of its new website with compatibility across all platforms, including mobile and desktop. Visit www.exsolutions.com to learn about ESLF’s...
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June 04, 2020, 07:05 AM
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TomorrowZone, previously known as Reuben Creative LLC, launched a digital solution suite designed to help business leaders improve results and optimize the customer experience.Led by award-winning consultant Deborah Reuben, CLFP, standard bearer in...
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May 15, 2020, 07:00 AM
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IDS, a provider of asset finance technology, announced its annual user conference ConnectionPoint will be held via a virtual conference platform on July 14-15. The event will focus on delivering timely updates to IDS customers and demonstrating the...
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May 14, 2020, 07:21 AM
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Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., celebrated five years in business in April 2020. Since its founding in 2015, WCF has originated more than $1.8 billion in new business volume for its customers in a wide...
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May 12, 2020, 07:25 AM
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Fleet Advantage announced its foundation, Kids Around the Corner, made a donation to the Jacksonville School for Autism to aid in medical insurance costs for furloughed teachers and staff members due to COVID-19.The relief effort for the Jacksonville...
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May 06, 2020, 07:00 AM
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LeaseGuru, powered by LeaseQuery—a provider of comprehensive lease accounting software to more than 1,000 companies—announced its recognition on Accounting Today’s 2020 list: The 2020 Top New Products.The annual list spotlights new accounting...
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April 28, 2020, 07:00 AM
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Regents Capital, a provider of equipment leasing and financing solutions, was recently honored as one of Monitor’s Top 25 Private Independents for 2020 based on Regents’ 12.5 percent growth in annual funded new business volume in 2019. Regents...
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April 27, 2020, 07:07 AM
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Amur Equipment Finance, Inc. (AmurEF) announced it has been ranked fourth in the annual ranking of the “Top Private Independent” U.S. equipment finance and leasing companies by Monitor. It represents a rise of one position from 2018. AmurEF took...
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April 24, 2020, 07:10 AM
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While the COVID-19 pandemic has caused many equipment finance companies to drastically reduce their operations and service levels, NewLane Finance, a subsidiary of WSFS Bank, continues to operate at full scale and remains focused on providing...
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April 23, 2020, 07:01 AM
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IDS, a provider of asset and equipment finance technology, announced it has released a new IDScloud service that allows equipment finance companies in the U.S. to see portfolio risk correlated with COVID-19 infection rates and the location of...
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April 22, 2020, 07:25 AM
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Ascentium Capital LLC announced first quarter 2020 funded volume of $366.5 million, representing a 17.4 percent increase and $2.4 billion in managed assets, representing a 14 percent increase over the same period last year. “While going through...
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April 21, 2020, 07:25 AM
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Cisco is continuing its global commitment to help customers and partners navigate an evolving landscape with the introduction of a new Business Resiliency Program. Offered through Cisco Capital, the vendor financing business within Cisco, and...
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April 15, 2020, 07:24 AM
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Tamarack Consulting has expanded its Extension-of-Terms Automation Utility (ETAU) to allow restructuring of Operating Leases. The forthcoming utility update is in accordance with the guidance outlined by the Federal Accounting Standards Board (FASB)...
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April 15, 2020, 07:05 AM
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Odessa, a provider of technology solutions for asset finance businesses, continues to grow the company’s APAC-based customer base, most recently by adding Security Bank and Toyota Tsusho Corporation as customers.A critical piece to this success is...
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April 14, 2020, 07:10 AM
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IDS, a provider of asset finance technology, announced it has signed three new customers with combined net asset value exceeding $4 billion. The customers include two U.S.-based lessors and one based in Mexico City, providing equipment financing for...
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April 08, 2020, 07:20 AM
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KWIPPED Inc., the online B2B equipment marketplace, is finding its APPROVE Lender Network to be a valuable resource for cash-strapped businesses in need of equipment. KWIPPED has recruited approximately a dozen of the nation’s top equipment financing...
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April 08, 2020, 07:15 AM
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Resolvion, a leading skip tracing and repossession management company, announced the availability of a new service designed to help lenders manage the flood of deferral/modification requests and, at the same time, better manage the emerging default...
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April 07, 2020, 07:15 AM
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Fleet Advantage announced its foundation, Kids Around the Corner, founded in 2014, made a $10,000 donation to the First Responders Children’s Foundation to aid in its emergency response fund amidst COVID-19.First responders are on the front lines of...
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April 07, 2020, 06:00 AM
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TD Bank Group announced there will be no job losses in 2020 as a result of COVID-19. “It is only natural that the speed and scale of the impacts across society have employees feeling uncertain, even worried,” said, Bharat Masrani, Group President and...
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April 03, 2020, 07:00 AM
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KeyBank is detailing several steps it has taken to help support its clients facing economic hardship due to the spread of COVID-19. In addition to financial programs already in place, KeyBank announced it will defer payment for at least 90 days for...
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April 01, 2020, 07:00 AM
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LTi Technology Solutions announced it is working in a diligent and focused fashion to ensure it continues to provide essential services to its customers during the COVID-19 pandemic. Likewise, LTi is working to do its part by ensuring the safety of...
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March 31, 2020, 07:25 AM
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CIT outlined a $1 million community commitment to support those affected by COVID-19. These resources will provide some immediate relief to New York City and L.A. County, the respective headquarters for the company and its bank subsidiary. In...
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March 31, 2020, 07:10 AM
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Priority One Financial Services, Inc., the recreational industry’s oldest and largest F&I outsourcing provider, announced the recent passing of Glen Vogel, Operations Manager.A member of the Priority One family for over 20 years, he brought a vast...
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March 31, 2020, 06:55 AM
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Tamarack Consulting, a leader in providing independent software solutions in the equipment finance and commercial lending industry, has released a Troubled-Debt Restructuring Utility to assist lessors during the current economic downturn and...
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March 30, 2020, 07:25 AM
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Mckinney Trailer Rentals, a provider of over-the-road trailer rentals and leases, announced the opening of a new branch in Salt Lake City. Justin (JT) Touchette, Branch Manager, will head up the operation. "Moving into the state of Utah...
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March 27, 2020, 07:05 AM
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We are in the midst of a historic time, dealing with a global pandemic and the related uncertainty. This is a time for coming together and supporting each other even if it is done in a virtual environment. We at ENGS Commercial Finance Co. want you...
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March 27, 2020, 07:00 AM
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Truist Financial Corporation announced a commitment of $1 million each to LiftFund and Natural Capital Investment Fund, community development financial institutions (CDFIs), to support small businesses affected by the COVID-19 pandemic in communities...
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March 26, 2020, 07:00 AM
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JDR Solutions Inc. manages a record $13.36 billion in net assets for its lease finance clients, a 63 percent increase over fourth quarter 2019. It marks the first time JDR’s client portfolio surpassed $10 billion in asset value. “Business is thriving...
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March 20, 2020, 07:20 AM
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North Star Leasing took action to help alleviate the current stress our 3,800 customers are experiencing during this difficult time by offering the North Star Leasing Coronavirus (COVID-19) Deferred Payment Plan. The plan allows for customers to...
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March 20, 2020, 07:00 AM
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Encina Equipment Finance (EEF) announced it has upsized its senior credit facility to $330 million in total commitments in support of continued portfolio growth. The additional capacity was provided by six existing lenders that increased their...
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March 18, 2020, 07:20 AM
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Liventus, a custom software development firm specializing in the fintech industry, announced it passed its Service Organization Control (SOC) 2 Type 2 compliance audit. The audit covered controls around security and processes for the software...
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March 13, 2020, 07:00 AM
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LTi Technology Solutions (LTi), a leading provider in equipment finance software solutions, announced it has achieved Service Organization Control (SOC) 1 Type II and SOC 2 Type II compliance audits for LTi’s ASPIRE Platform and products hosted via...
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March 10, 2020, 07:20 AM
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Ritchie Bros. announced an update to its RB Asset Solutions SaaS inventory management system. This cloud-based tool, designed to help businesses more efficiently manage their fleets, has been redesigned to help companies of all sizes."The new...
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March 09, 2020, 07:02 AM
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Carol Roselle, Senior Vice President of Human Resources at First American Equipment Finance, received a Great Place to Work Leadership Award recognizing her outstanding inclusive workplace guidance and contributions.To be selected for the award, the...
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March 05, 2020, 07:15 AM
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North Star Leasing Company announced it achieved a 40 percent year-over-year increase in fundings in 2019, marking it the largest year-over-year growth in its 40-year history.Fiscal year 2019 saw North Star Leasing fund just shy of $70 million with...
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March 02, 2020, 07:25 AM
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Orion First has surpassed $2 billion in assets under management. This milestone comes only 16 months after reaching its previous benchmark of $1 billion. The assets under management consist of small business commercial loans and leases for which...
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February 26, 2020, 07:25 AM
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GreatAmerica Financial Services Corporation completed its 19th term securitization, of $656.4 million, in privately placed bonds with institutional investors. GreatAmerica uses proceeds from its securitizations to pay off debt in its warehouse and...
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February 24, 2020, 07:22 AM
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After years of service in providing current equipment valuations in the form of appraisals in support of lending facilities and remarketing support for rental companies, contractors and dealers, Rouse announced its latest offering to stakeholders:...
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February 21, 2020, 06:00 AM
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Equipment Finance Advisor's offices will be closed on Monday, February 17 in observance of Presidents’ Day, officially George Washington's Birthday. We will return with our Daily eNews Blast on Tuesday, February 18.We wish all of our readers a very...
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February 14, 2020, 07:00 AM
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LTi Technology Solutions (LTi) announced the completion of Maxus Capital Group’s implementation to LTi’s ASPIRE platform. Maxus Capital Group is an alternative source of funding to corporate companies outside of the traditional bank financing...
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February 13, 2020, 07:20 AM
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Fidelity Capital released its end of year review for 2019, providing an overview of the company’s successes and growth of the last calendar year.After a slow start to the year, Fidelity Capital picked up the pace and by the end of the first quarter...
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February 13, 2020, 07:05 AM
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced Peapack Capital, the equipment leasing subsidiary of Peapack-Gladstone Bank, funded equipment finance transactions totaling $305 million for commercial and corporate clients...
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February 11, 2020, 07:30 AM
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IDS, a leading provider of asset finance and origination technology, announced it has successfully completed an independent audit which resulted in IDScloud receiving System and Organization Control (SOC) 2 type II and SOC 3 security certifications....
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February 11, 2020, 07:20 AM
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Wintrust Specialty Finance (WSF), a division of Beverly Bank & Trust Company, N.A. and part of the Wintrust family, completed its first year of originations in 2019 with more than $148 million in commercial equipment financing and leasing...
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February 10, 2020, 07:25 AM
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Corcentric is positioned in 2020 to continue building on the global footprint it established in 2019, with growth of 40.6 percent, following the acquisitions of Determine and Netsend.Corcentric's acquisition in 2019 of Determine, a leading global...
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February 07, 2020, 07:12 AM
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NXT Capital is celebrating a decade of providing structured financing solutions to the middle market and investment opportunities in this asset class to institutional investors. Since its 2010 founding by former leaders of Merrill Lynch Capital and...
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February 06, 2020, 07:00 AM
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Dedicated Commercial Recovery, a company specializing in alternative financing, working capital, and equipment finance collections, announced it has donated 100,000 meals to Feed My Starving Children. Shawn Smith, CEO of Dedicated, said he hopes the...
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February 05, 2020, 07:05 AM
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Quality Leasing Co., Inc., the mid-tier commercial equipment financing subsidiary of the Tom Wood Automotive Group, announced record-breaking funded transactions in 2019. With increases in new business volume, repeat customer funding, number of...
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February 04, 2020, 07:20 AM
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Onset Financial finished January with $42 million in new fundings. This is the largest single-month in company history and comes on the heels of Onset’s record-breaking 2019, where fundings increased 77 percent.“We have funded nearly $100 million...
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February 04, 2020, 07:18 AM
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LeaseQuery announced the launch of LeaseGuru, its CPA-approved, cloud-based lease accounting solution for public and private companies with a lease portfolio of under ten.This highly anticipated platform has been vetted by LeaseQuery’s trained...
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January 31, 2020, 07:00 AM
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Arvest Equipment Finance (AEF) closed more than $246 million in new production in 2019, a record total for the division of Arvest Bank. It marks the second consecutive year AEF has recorded a 52 percent increase in gross production year-over-year. ...
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January 29, 2020, 07:25 AM
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NFS Leasing, Inc., announced 20 percent 2019 full-year growth of originations and an office expansion at its Boston, MA, area headquarters.
“We have a dedicated team across-the-board and that team delivered exceptional service, resulting in...
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January 29, 2020, 07:19 AM
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Fleet Advantage announced key business milestones achieved in 2019 that reflect the company’s leadership position in helping transportation fleets become safer and more efficient, while reducing their Total Cost of Ownership (TCO).In 2019, Fleet...
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January 28, 2020, 07:20 AM
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C.H. Brown Co., LLC (CHB) concluded a successful 2019 in good form and funded 864 loans and leases to small and mid-sized businesses during the year. CHB partners with numerous finance brokers and vendors across the U.S. to provide equipment finance...
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January 27, 2020, 07:15 AM
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First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced record Q4 funding’s of $120 million and $258.5 million for fiscal year 2019. In addition, year-over-year performance in all key...
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January 22, 2020, 07:09 AM
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ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance (MUL) company, achieved record-breaking originations in Q4 2019. In December, ENGS funded a single month record of $115 million, and for the quarter, ENGS funded $222 million. This...
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January 21, 2020, 07:25 AM
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Ascentium Capital LLC reported $1.5 billion in funded volume, representing a 22.3 percent increase over last year. Highlights for the company during 2019 included:
Managed $2.43 billion in assets representing 20 percent growth;
Closed a $398...
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January 14, 2020, 07:25 AM
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North Mill Equipment Finance LLC announced the company posted record originations for 2019 — the best year in its history. Funded volume exceeded $136 million representing a growth rate of 350 percent over 2018.“Everybody’s collective efforts are...
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January 09, 2020, 07:22 AM
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ENGS Commercial Finance Co., a Mitsubishi UFJ Lease and Finance (MUL) company, announced it has been recognized as one of Chicago’s most dynamic and industry leading businesses by the Chicago Tribune for the Top Workplaces 2019. This is the second...
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January 07, 2020, 06:54 AM
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CEO Kyin Lok shared a “Letter from the CEO” highlighting the accomplishments in Dext Capital’s first year.“As Dext heads into 2020, I proudly reflect on what our team has achieved in our first year. Accomplishments that have gone above and beyond our...
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January 06, 2020, 07:15 AM
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Onset Financial has accomplished a company best in 2019 by beating all previous calendar years with $210 million in total fundings.Achieving this milestone demanded a record-breaking performance in the fourth quarter as Onset funded over $85 million...
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January 03, 2020, 07:12 AM
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The staff of Equipment Finance Advisor would like to extend Happy New Year wishes to all of our readers and advertisers. Thank you for your loyalty and goodwill throughout 2019! We look forward to working with you again in 2020! We will return with...
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December 31, 2019, 07:02 AM
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Trailcon Leasing Inc., a privately held Canadian company and leader in trailer leasing, rental, maintenance and fleet management, announced it has been certified as a Great Place to Work after a thorough and independent analysis conducted by Great...
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December 30, 2019, 07:00 AM
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The staff of Equipment Finance Advisor would like to extend our best wishes for a happy holiday season and our sincere thanks to all of our readers and advertisers for your loyalty and goodwill throughout the year! Our offices will be closed...
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December 24, 2019, 07:00 AM
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DFS Solutions announced its new product, Cloud F&I, enabling small and mid-size commercial equipment dealerships to have their own virtual finance offices without any overhead or set-up costs.“This is truly a game changer for dealerships that can’t...
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December 23, 2019, 07:00 AM
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CIT Group Inc. announced the results of its second annual One Million Meals campaign to fight hunger in partnership with Feeding America. Customers, employees and others came together to donate 1.5 million meals to people in need and helped CIT...
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December 20, 2019, 07:00 AM
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Innovation Finance USA LLC (QuickFi) announce its acceptance of the FinTech Innovator of the Year award at the International Asset Finance Network (IAFN) awards ceremony in London, England. QuickFi CEO Bill Verhelle was in attendance to accept the...
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December 18, 2019, 07:25 AM
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Regents Capital Corporation has been awarded a 2019 Top Workplaces honor by The Orange County Register and is ranked at No. 22 in the small business category. The list is based solely on employee feedback gathered through a third-party survey...
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December 16, 2019, 07:00 AM
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Ivory Consulting Corporation’s CEO, Scott Thacker, has been named founding chair of the steering committee for ELFA Equality, the Equipment Leasing and Finance Association’s new diversity and inclusion initiative, and he has also been elected chair...
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December 10, 2019, 07:15 AM
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Amur Equipment Finance (AmurEF) announced it is Great Place to Work-Certified for 2019. This certification, the second year in a row, confirms employees have a consistently positive experience at AmurEF.“The collective effort of our employees is what...
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December 10, 2019, 07:07 AM
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GreatAmerica Financial Services Corporation and Compass Sales Solutions announced they have expanded Compass Sherpa Lease Tracker to capture digital signatures and submit electronic documents. The two companies share a mutual interest in improving...
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December 10, 2019, 07:00 AM
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CWB National Leasing was recently named one of Canada’s Top 100 Employers, one of Canada’s Most Admired Corporate Cultures, a Best Employer in Canada and one of Manitoba’s Top Employers.“Being recognized in this way, year after year, is an incredible...
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December 05, 2019, 07:15 AM
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Penske Truck Leasing is celebrating its 50th anniversary. Penske Truck Leasing was founded in 1969 by Roger Penske in Reading, PA. The company was created through the acquisition of a car and light truck rental and leasing business with three...
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December 04, 2019, 07:07 AM
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Equipment Finance Advisor's offices will be closed on Thursday, November 28 and Friday, November 29 in observance of Thanksgiving. We will return with our Daily eNews Blast on Monday, December 2, 2019.We wish all of our readers a very safe and happy...
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November 27, 2019, 07:00 AM
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Priority One Financial Services, Inc., which provides finance and insurance services for recreational, commercial and municipal dealerships across the country, was recognized by the Tampa Bay Business Journal as a One Tampa Bay Honoree.The One Tampa...
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November 26, 2019, 06:59 AM
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GreatAmerica Financial Services is celebrating the 10-year anniversary of Collabrance LLC, its subsidiary technology company initially formed to help GreatAmerica channel partners be more successful in their business. Collabrance now supports a...
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November 22, 2019, 07:05 AM
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Ritchie Bros. has been a leader in the auction business for decades. Its live unreserved auctions help tens of thousands of companies sell and buy equipment and trucks annually. And yet, not every company is interested in selling without a...
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November 21, 2019, 07:03 AM
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Bankers Healthcare Group announced it has provided more than $5 billion in financial solutions to healthcare practitioners and licensed professionals, marking a new financial record for the company.“We’re incredibly proud of this milestone and...
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November 20, 2019, 07:20 AM
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Santana Equipment Trading Company announced the opening of a new retail/rental space for its Arizona clientele. Santana Equipment West Division (Phoenix) opened in June 2012 as the company’s first satellite location. After quickly becoming one of the...
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November 20, 2019, 07:00 AM
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Dedicated Commercial Recovery Inc. announced it has published an industry whitepaper providing modern and comprehensive standards regarding how small business finance companies should select their commercial collection agencies and monitor their...
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November 19, 2019, 07:13 AM
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NFS Leasing, Inc. has launched a redesigned website. The newly refreshed website showcases the strength of NFS Leasing as "THE Story Lender," as well as its many customer stories and community support. “NFS Leasing’s approach is simple, yet pretty...
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November 12, 2019, 07:06 AM
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Wolters Kluwer’s Lien Solutions has earned two 2019 BIG Awards for Business for product innovations it developed on behalf of financial services client firms. Lien Solutions was honored with BIG (Business Intelligence Group) Awards for its Portfolio...
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November 11, 2019, 07:00 AM
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Global Capital, Ltd., a Chicago-based asset management and leasing company, celebrates 20 years of service to Fortune 1000 companies and mid-sized organizations this month. Founded by President Terri McNally in November 1999, Global Capital focuses...
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November 07, 2019, 07:22 AM
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Amur Equipment Finance (AmurEF) opened a new office in Omaha, NE. The new office, located at Westroads Office Park, provides a quality permanent location for AmurEF’s current staff in the area. It is also well-suited to accommodate future...
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November 04, 2019, 07:25 AM
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Fleet Advantage announced it has expanded its asset management solutions through its new EXchangeIT Trailer Lease Program, enabling flexible trailer lease solutions that provide a lower Total Cost of Ownership (TCO).Fleet Advantage revolutionized...
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October 31, 2019, 07:00 AM
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KLC Financial is now offering competitive financing options for companies looking to invest in emerging software technologies that traditional funding sources are reluctant to financially back. The software sector is rapidly growing, with more and...
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October 29, 2019, 07:05 AM
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Dext Capital announced it has closed a facility with Credit Suisse to provide warehouse financing for commercial equipment loans and leases. The new facility increases the company's borrowing capacity by $200 million and helps to support its...
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October 28, 2019, 07:20 AM
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Stonebriar Commercial Finance announced the closing of a private issuance of $150 million aggregate principal amount of notes due 2024 initially assigned a “BBB (low)” rating by DBRS, Inc.The notes are unsecured and bear an interest rate of 4.75...
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October 28, 2019, 07:15 AM
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Ascentium Capital LLC announced funding volume of $392.4 million during third quarter representing a 30 percent increase over the same period last year and reached $2.4 billion in managed assets. “I’m proud of Team Ascentium delivering a finance...
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October 10, 2019, 07:30 AM
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Garnet Capital Advisors announced that, in addition to its many existing certifications, it has earned the Certified Receivables Vendor (CRV) designation for Broker Services from the Receivables Management Association International (RMAI).RMAI’s...
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October 10, 2019, 07:00 AM
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North Mill Equipment Finance LLC announced record originations for the third quarter of 2019. The best quarter in North Mill’s history, the company exceeded $43 million in funded volume representing a growth rate in excess of 30 percent from the...
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October 04, 2019, 07:15 AM
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Onset Financial closed third quarter with the highest sales in its history and is on track for its best year in new fundings since inception in 2008.“These tremendous sales are a result of synergistic alliances with key business partners,” said...
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October 04, 2019, 07:10 AM
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Chesswood Group Limited announced the completion of the renewals of its two $250 million primary borrowing facilities. These two facilities are provided by two separate bank syndicates, including leading Canadian and American banks active in our...
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October 03, 2019, 07:25 AM
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Amur Equipment Finance, Inc. (AmurEF) announced it has been voted as the Best Employer in Grand Island NE for the third year in a row.Each year the Grand Island Independent newspaper conducts the “Best of Grand Island” program, asking its readership...
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October 02, 2019, 07:00 AM
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For the eighth year in a row, equipment and accounts receivable finance company, Commercial Credit, Inc., parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., has made the Business North Carolina Mid-Market Fast 40...
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October 01, 2019, 07:17 AM
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Tamarack Consulting, a provider of independent software solutions in the equipment finance and commercial lending industry, has made the Inc. 500/5000 list of fastest growing businesses for the fourth consecutive year. “Being on the Inc. 5000 list of...
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September 24, 2019, 07:10 AM
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TAO Solutions, a provider of automated solutions for the global asset finance industry, announced the launch of its new corporate identity, redesigned logo and website.After 10 successful years in business and through a careful analysis of the...
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September 18, 2019, 07:05 AM
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The law firm of Moritt Hock & Hamroff LLP with offices on Long Island and in New York City announced 18 attorneys of the firm were selected for distinction in the 2019 Metro Edition of New York Super Lawyers. The attorneys include Leslie A. Berkoff...
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September 18, 2019, 07:00 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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Typically, age 30 represents a significant milestone, as it often marks the true cross into maturity. This is true for people, and it’s true for businesses as well. And in September 2019, equipment financing specialist Crest Capital celebrates 30...
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September 13, 2019, 07:10 AM
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Balboa Capital, a leading online lender that specializes in equipment financing and small business loans, hired 125 new employees during the first six months of 2019 to accommodate the company’s rapid increase in new business and acquisition of...
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September 12, 2019, 07:25 AM
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National Business Capital & Services, a fintech firm that has helped tens of thousands of business owners secure over $1 billion in financing, announced its newest equipment financing program: the eQuickment Financing Product.The eQuickment Financing...
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September 11, 2019, 07:05 AM
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Wolters Kluwer’s Lien Solutions has earned two major industry awards for its iLien Motor Vehicle product innovation, winning a Gold-level Globee Award in the “Fintech, Information Technology Innovation” category as well as an International Business...
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September 06, 2019, 07:00 AM
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Stearns Bank has been named one of the Best Banks to Work For in 2019 by American Banker magazine. The Best Banks to Work For program was initiated in 2013 by American Banker and Best Companies Group. It recognizes U.S. banks for outstanding employee...
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September 05, 2019, 06:59 AM
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Equipment Finance Advisor's offices will be closed on Monday, Sept. 2 in observance of Labor Day. We will return with our Daily eNews Blast on Tuesday, Sept. 3.
We wish all of our readers a safe and happy holiday!
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August 30, 2019, 06:59 AM
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Pioneer Capital Group announced a major expansion of its capacity to provide financing solutions for small to mid-sized businesses (SMBs). The company has added staff, relocated to the historic Ponce City Market in Atlanta, and expanded its customer...
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August 29, 2019, 07:10 AM
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Franklin Capital, a finance company providing multi-asset funding to small and medium-sized businesses, announced the launch of a newly revamped website. Franklin’s redesigned site offers quick and easy access to essential company information and a...
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August 27, 2019, 07:05 AM
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Midland States Bank announced Midland Equipment Finance (MEF), its business equipment financing division, has been recognized by The Monitor as the 48th largest U.S. bank-owned equipment finance company by total assets and 42nd largest by new...
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August 27, 2019, 07:00 AM
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DLL delivered continued revenue and portfolio growth during the first half of the year. The company’s focus on partnerships, specialized industry knowledge, digital transformation and innovation contributed to this growth, the company said.The...
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August 22, 2019, 07:25 AM
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Western Alliance Bank announced that during the second quarter of 2019, its Equipment Finance Group funded more than $42 million in essential use equipment financing projects.“The Equipment Finance Group has seen a solid response in the second...
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August 22, 2019, 07:20 AM
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Hitachi Capital America Technology Finance announced the launch of a new website that compliments the company's financing solutions to value-added resellers (VARs) and focuses on universal branding and website navigation.The launch of the new site –...
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August 22, 2019, 07:00 AM
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North Mill Equipment Finance LLC announced yet another record-breaking month in originations as the company posted $15 million of aggregate volume in July. An all-time high for the organization, the momentum is expected to continue as the year...
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August 07, 2019, 07:20 AM
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GSG Financial announced it has completed its company name change to OnPoint Capital, LLC. This change is part of a larger corporate rebranding effort of its parent company OnPoint Group. The rebrand emphasizes OnPoint Capital’s commitment to expand...
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August 05, 2019, 07:20 AM
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Crossroads Small Business Solutions, LLC has changed its corporate name to VelocitySBA. The company made the change to better reflect its business mission of providing fast and efficient SBA lending to the small business community, “A common...
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August 02, 2019, 06:48 AM
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Selling Power magazine identified First American Equipment Finance No. 30 among the top sales forces in the United States. The ranking includes companies of all sizes, with sales teams ranging from fewer than 100 salespeople to salesforce numbers in...
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August 02, 2019, 06:45 AM
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Wintrust Asset Finance, Inc. (WAF) was listed in the Monitor Daily’s Monitor 100 for 2018, which provides a total analysis of the largest equipment finance and leasing companies in the U.S. The ranking exemplifies WAF’s commitment to providing...
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August 01, 2019, 07:07 AM
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AP Equipment Financing announced it has been listed at No. 90 on The Monitor’s Top 100 Equipment Finance Companies. This comes as AP closed a record-setting second quarter in 2019 having funded $43.9 million, representing a 38.9 percent growth over...
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July 31, 2019, 06:00 AM
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Accord Financial Corp. congratulated CapX Partners on its platinum anniversary, celebrating 20 years of achievement.“CapX and its four outstanding partners have been leaders in the middle market finance community, and have brought vital financing to...
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July 25, 2019, 07:20 AM
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TriGrow Systems announced the addition of a Term Loan product through TriGrow Capital, a division that helps leading operators finance the growth of their businesses through both capital and technology resources.This division aims to address some of...
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July 24, 2019, 07:15 AM
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Maxim Commercial Capital announced it provided hard-asset secured financing to 129 small and mid-sized businesses (SMBs) during the second quarter of 2019. Maxim lends $10,000 to $3 million to SMBs secured by heavy equipment and real estate to...
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July 24, 2019, 07:10 AM
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Liberty Commercial Finance, a provider of equipment financing solutions to corporate borrowers throughout the U.S. and Canada, has established a new volume record in the first half of 2019 with $131.8 million funded, a 304 percent increase over the...
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July 23, 2019, 07:08 AM
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EquipmentWatch, the leader in data, software and insights for the heavy equipment industry, has expanded its Rental Rate Blue Book and Internal Charge Rate products to include cost data for over 22,000 models, a new record for the EquipmentWatch cost...
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July 12, 2019, 07:07 AM
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Equipment Finance Advisor's offices will be closed on Thursday, July 4 and Friday, July 5 in observance of Independence Day. We will return with our Daily eNews Blast on Monday, July 8. We wish all of our readers a safe and happy holiday!
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July 03, 2019, 06:55 AM
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North Mill Equipment Finance LLC, an independent commercial equipment lender located in South Norwalk, CT, announced record originations for the second quarter, exceeding $33 million in funded volume. It was the best quarter in the company’s history...
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July 02, 2019, 07:25 AM
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Great Lakes Asset Solutions, LLC, an industry leader in commercial repossession and commercial collections has grown, almost doubling the repossession employee count.At the start of 2018, the company added an additional salesperson, Robert Pugh, who...
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June 17, 2019, 07:00 AM
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Crestmark was honored by the 2019 Communicator Awards with an Award of Excellence and three Awards of Distinction. Crestmark, a division of MetaBank that offers financing solutions to small- and medium-sized businesses nationwide, was recognized for...
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June 12, 2019, 06:00 AM
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Onset Financial just celebrated the opening of its new headquarters in Draper, UT. The company’s growth over the last decade necessitated the state-of-the-art, 55,000-square-foot building.Over 300 business associates, employees and community leaders...
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June 11, 2019, 07:10 AM
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Western Alliance Bank announced that during the first quarter of 2019, its Equipment Finance Group funded more than $67 million in essential use equipment financing projects.The national specialty banking group provides equipment financing solutions...
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June 05, 2019, 07:10 AM
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DLL will celebrate its 50-year anniversary on May 29. From its humble origins as a financing company started with three employees in a small Dutch village, DLL has evolved to become an award-winning, global vendor finance company with over 5,000...
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May 28, 2019, 07:30 AM
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River Capital Finance announced the launch of River Capital Hardware as a Service (HaaS), a comprehensive enterprise mobility lifecycle management solution designed for business.Combining hardware, software and other support services into one simple...
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May 22, 2019, 07:07 AM
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In "2018 Year in Review — A letter from DLL CEO Bill Stephenson,” posted on the company’s blog, the global firm's leader states: “2018 was a year of growth and progress for DLL and our performance was strong in virtually every facet of our...
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May 21, 2019, 07:25 AM
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AP Equipment Financing announced it has set another financing volume record for the first quarter of 2019. AP closed 2019 Q1 funding $32.7 million of equipment to small and medium-sized businesses across the United States. This funded volume...
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May 16, 2019, 07:14 AM
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Amur Equipment Finance, Inc. announced it has been ranked fifth in Monitor’s 2018 rankings of the “Top Private Independent” equipment finance and leasing companies in the U.S., which represents a gain of nine spots since 2016.Amur EF achieved...
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May 16, 2019, 06:55 AM
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Equipment Trader, a marketplace for industrial equipment with more than 115,000 listings for sale or rent, has introduced a mobile app enabling consumers to quickly search for construction, earthmoving, agricultural, lifting, forestry, mining, and...
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May 10, 2019, 07:05 AM
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North Star Leasing Company announced it achieved a 54 percent increase in originations year over year through April 30. April also marked the largest funding month on record in the company’s nearly 40-year history.Fiscal year 2018 saw North Star...
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May 07, 2019, 07:25 AM
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North Mill Equipment Finance LLC announced record originations for April. It was the best month in the company’s history and the surge in volume is expected to continue as the year forges ahead.“This was a tremendous team effort across the board and...
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May 03, 2019, 07:25 AM
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LTi Technology Solutions, formerly LeaseTeam, Inc., announced open registration for its 2019 Annual User Conference. This years’ theme “Take the Lead” is designed to support finding solutions to key pain points experienced in the equipment finance...
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May 01, 2019, 07:15 AM
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Pacific Western Bank, the principal operating subsidiary of Pacwest Bancorp, is now operating under one brand name. Previously, the bank supported the operation of its national lending and venture banking groups under the separate marketing names of...
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April 30, 2019, 07:02 AM
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Balboa Capital announced the opening of a new office in Ontario, CA, to accommodate the company’s growth. Balboa Capital’s new space is part of the company’s growth strategy for 2019. In the first quarter, Balboa Capital added 55 new employees across...
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April 23, 2019, 07:22 AM
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Onset Financial announced it is honored to receive the 2019 Best of State Award in Equipment Finance for the second year in a row. The Best of State Awards are judged on achievement, innovation and contribution to the quality of life in Utah and were...
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April 17, 2019, 07:00 AM
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Hitachi Business Finance, a division of Hitachi Capital America Corp., has provided nearly $100 million to a variety of specialty lenders and U.S. companies seeking working capital solutions over the past six months.Participation loans to specialty...
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April 15, 2019, 07:30 AM
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NewLane Finance is the new name following the combination of Neumann Finance and Beneficial Equipment Finance Corporation (BEFC). NewLane Finance will be backed by WSFS Bank, a financial institution with approximately $13 billion in assets and the...
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April 11, 2019, 07:30 AM
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Ascentium Capital LLC announced first-quarter funded volume of $314.3 million, representing a 13.5 percent increase over the same period last year and managed assets at $2.1 billion.Recent milestones for the company include surpassing $5 billion in...
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April 10, 2019, 07:30 AM
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Alvarez & Marsal (A&M) announced the launch of LeaseSCRE, a web-based tool that uses machine learning to estimate an incremental borrowing rate (IBR) curve. LeaseSCRE provides companies with a streamlined and efficient mechanism to estimate the...
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April 08, 2019, 06:00 AM
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Santana Equipment Trading Company has launched a new campaign to rebrand all platforms of its social media.The strategy is designed to bring a stronger online presence and to improve the corporate image of the company. The marketing team has taken...
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April 04, 2019, 07:00 AM
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Ryder System, Inc. announced it has launched its new blog Ryder Compass. The blog, which allows companies to explore new trends and learn best practices, will better prepare businesses to meet trucking and logistics industry challenges head-on.“Ryder...
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April 01, 2019, 07:00 AM
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EquipmentWatch, the world leader in data, software and insights for the heavy equipment industry, announced the launch of a new search experience — Search 2.0 — for the EquipmentWatch web app. EquipmentWatch simplified the web app interface by making...
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March 27, 2019, 07:16 AM
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LTi Technology Solutions, formerly LeaseTeam, Inc., is celebrating its 30th anniversary this year. Co-founders Randy Haug and Russ Hallberg set out in 1989 with a vision to give small to mid-size leasing companies an innovative software solution to...
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March 22, 2019, 07:25 AM
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Utica Leaseco, a provider of customized asset-based equipment financing solutions, announced the formation of an affiliate company, Utica Equipment Finance. The new entity will offer equipment-based term loans and leases to companies throughout North...
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March 20, 2019, 07:25 AM
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Tamarack, a leader in providing independent software solutions in the equipment finance and commercial lending industry, has developed and launched a turn-key origination platform built for Salesforce.com, LenderKiosk. LenderKiosk was developed to...
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March 14, 2019, 07:15 AM
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North Star Leasing Company announced it will reach a major milestone in 2019. On June 29, the company will have successfully helped businesses grow for 40 years – an impressive achievement. Since its inception in 1979, the company has funded over...
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March 08, 2019, 07:14 AM
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International Decision Systems (IDS), a leading global provider of technology solutions for asset and equipment finance, announced it has changed its name to IDS.For more than four decades, the IDS name has been synonymous with best-in-class...
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March 06, 2019, 07:30 AM
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Trailcon Leasing Inc. announced it has moved its Cornwall, ON, operations to a new location that will accommodate its current and future growth.The new facility, situated at 18060 Glen Road, South Glengarry, ON, is directly adjacent to Highway 401...
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March 04, 2019, 07:00 AM
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RapidAdvance announced it has rebranded as Rapid Finance.In 2006 when RapidAdvance was established, it selected its brand name based on where the industry was at the time as well as the value add its solution and the company brought to its partners...
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February 21, 2019, 07:05 AM
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Sam Harris, President of JetLoan Capital based in Stuart, FL, announced a successful 2018. While continuing their funding of jet transactions, the new general aviation department thrived.JetLoan Capital experienced continued growth in 2018 with 70...
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February 11, 2019, 07:10 AM
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Marlin announced the launch of its new brand, Marlin Capital Solutions, to better reflect the breadth of services it offers to small businesses and equipment finance partners.For over 20 years, Marlin has provided equipment financing to small...
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February 08, 2019, 07:20 AM
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Maxim Commercial Capital announced it funded 927 hard asset-secured loans for small and mid-sized businesses (SMBs) during 2018, a 6.3 percent increase over the prior year. The transactions facilitated heavy equipment purchases, refinanced high-cost...
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February 01, 2019, 07:10 AM
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TCS Equipment Finance, an independent equipment leasing company, announced it has relocated its headquarters to a new office in Draper, UT.The new larger space offers ample space to accommodate business growth and includes many significant technology...
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February 01, 2019, 07:05 AM
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LeaseQuery announced another year of record growth in 2018, with its year-over-year revenue growth reaching 708 percent. The company’s extraordinary growth was propelled by the timeliness of LeaseQuery’s solution, as companies prepare to comply with...
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January 24, 2019, 07:00 AM
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LeaseAccelerator announced that more than 50 Oracle-centric companies have selected its SaaS application to comply with the new IFRS 16 and ASC 842 standards. LeaseAccelerator offers a global lease accounting engine and dedicated subledger that can...
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January 21, 2019, 07:10 AM
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Nearly two years after breaking ground, Onset Financial’s campus is complete. Employees start 2019 in an all-new, 55,000-square-foot office space and campus in Draper, UT. “We have experienced year-over-year growth since inception,” said Justin...
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January 18, 2019, 07:05 AM
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LeaseQuery announced it has received an unqualified System and Organization Controls (SOC) 1 Type 2 report. The report, issued by EY, provides end users with comfort that LeaseQuery’s lease accounting software controls are designed and operating...
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January 11, 2019, 07:05 AM
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Delta Management Group, Inc., a leading provider of commercial debt collections, celebrated 20 years of service, on Jan. 8, 2019. The company’s Founder and President, Nancy R. Backus, is a 30-year collection industry veteran with a proven track...
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January 08, 2019, 07:00 AM
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Ritchie Bros. is celebrating its 60th anniversary in 2018 with multiple leadership awards for members of its executive team. Chief Executive Officer Ravi Saligram recently was recognized as B.C. CEO of the Year (Enterprise Category) by Business in...
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December 18, 2018, 07:10 AM
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Wolters Kluwer’s Lien Solutions has won three industry awards recognizing excellence and innovation. US Business News has named the company Lien Management Technology Provider of the Year, 2018, as parts of its Technology Elite awards series....
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December 18, 2018, 07:05 AM
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Univest Corporation of Pennsylvania, parent company of Univest Capital, Inc., announced it will change its name to Univest Financial Corporation, effective Jan. 1, 2019. Univest Financial Corporation will remain the parent company of Univest Bank and...
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December 14, 2018, 07:10 AM
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Regents Capital Corporation has been awarded a 2018 Top Workplaces honor by The Orange County Register in California. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC....
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December 11, 2018, 06:50 AM
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Balboa Capital is continuing its annual tradition of making the holidays a little brighter for adults and children in need. The company is supporting local nonprofit organizations with cash donations, canned food and children’s toys.“It’s the season...
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November 30, 2018, 07:00 AM
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CIT Group Inc. announced a new campaign in partnership with Feeding America inviting individuals to join in donating one million meals to people in need. Participants can help direct the donation by choosing to support Feeding America's Back Pack...
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November 29, 2018, 07:00 AM
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CIT Group Inc. revealed a simplified and refreshed brand identity aimed at presenting a more cohesive market presence following a multi-year transformation of the company. The effort includes a new marketing campaign, tagline and website reflecting...
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November 16, 2018, 07:30 AM
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First American Equipment Finance announced 106 of its colleagues have earned the Certified Lease and Finance Professional (CLFP) designation. More CLFPs work at First American than anywhere else in the world, the company said. There are 637 CLFPs in...
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November 13, 2018, 06:00 AM
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TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF)), announced it raised nearly $170,000 for St. Jude Children’s Research Hospital, which is leading the way the world understands, treats and defeats childhood cancer and...
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November 09, 2018, 06:58 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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A data and reports portal for customers of JDR Solutions Inc. sports a new look, expanded search capability and stronger security.JDR clients who use iVirtuaLease will notice the improvements as soon as they log in, said Doug Williams, Vice President...
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October 30, 2018, 07:10 AM
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CG Commercial Finance has announced, effective immediately, that it is doing business as Nexseer Capital.Since 1999, Nexseer Capital has employed its deal structuring expertise to offer equipment and project financing, often as a complement to...
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October 10, 2018, 07:11 AM
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Commercial Funding Inc., a national provider of invoice factoring and accounts receivable financing, announced the launch of the Spanish language version of its website. The new version promotes the availability of services to Spanish speakers in...
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October 02, 2018, 07:00 AM
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Longtime equipment finance and banking executive Bob Rinaldi has launched a new website, www.BobRinaldi.com, to promote his advisory services practice, Bob Rinaldi, LLC. Bob Rinaldi provides advisory services to independent lessors, banks, industry...
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October 01, 2018, 07:20 AM
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The Cambridge Capital Group (TCCG), a Southern California independent commercial finance company with over 30 years in business, launched a redesigned website. The new site, designed by Jill Miller, CLFP, of Marketing Design Mix, is filled with...
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September 28, 2018, 07:00 AM
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Americorp Financial announced the launch of a new logo, brand and website designed to provide a fresh perspective for manufacturers needing a flexible commercial equipment financing program for their products.For more than 30 years, Americorp...
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September 07, 2018, 07:05 AM
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Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has been awarded a contract from Allied States Cooperative (ASC), as an approved vendor for consulting, contracting, staff development and related services.ASC is...
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August 14, 2018, 09:05 AM
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Equipment and accounts receivable finance company, Commercial Credit, Inc. (CCI), parent company of Commercial Credit Group Inc. (CCG) and Commercial Funding Inc., made the inaugural Middle Market Leaders list for the Charlotte, NC, region. To...
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August 14, 2018, 09:00 AM
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Liberty Commercial Finance, an independent equipment lease and finance provider, announced its expansion to a new corporate headquarters. The new office located in Tustin, Calif., is strategically located in the heart of Orange County providing...
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July 23, 2018, 07:00 AM
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Crestmark was selected as one of Michigan’s Economic Bright Spots by Corp! Magazine. The award celebrates companies that have continued to thrive in economic growth, expansion and hiring Michigan’s brightest talent in 2018.“At Crestmark, we help,”...
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June 18, 2018, 06:55 AM
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Midland States Bank announced it has completed the transition of its equipment finance and leasing business to its Midland Equipment Finance (MEF) division. This completes the move of that business from its Heartland Business Credit (HBC)...
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June 14, 2018, 07:12 AM
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Transfac Capital, Inc., a national provider of invoice factoring and accounts receivable financing, a subsidiary of Commercial Credit, Inc., has changed its name to Commercial Funding Inc. The change includes the launch of a new website...
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June 05, 2018, 07:16 AM
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Lease Corporation of America (LCA) announced the celebration of its 30 years in business. In 1988, LCA and its founding members saw the importance of, and need for, providing businesses innovative leasing and finance programs. LCA strives to help all...
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May 31, 2018, 07:15 AM
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With the vast majority of responsibility for implementing the upcoming new lease accounting standards falling on U.S. CPA firms, help is on the way with LeaseCrunch, lease accounting software developed by former CPA firm auditors to help CPA firms...
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May 22, 2018, 07:10 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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Maxim Commercial Capital announce it provided hard-asset secured financing to 260 small and midsized businesses (SMBs) during the first quarter of 2018. Maxim’s borrowers used the fresh capital to purchase heavy equipment, refinance high-cost debt...
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May 02, 2018, 07:10 AM
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Hitachi Capital America Vendor Services (HCA Vendor Services) announced record volume for its fiscal year ended on March 31, 2018.Highlights from its fiscal year include:
Breaking monthly volume records six times;
Breaking quarterly records three...
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May 01, 2018, 07:20 AM
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Cobra Leasing announced it is adopting a new name, Providence Equipment Finance (PEF), a Division of Providence Bank & Trust. Providence Bank & Trust in 2016 closed on an asset purchase agreement in which the bank acquired substantially all of the...
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April 30, 2018, 07:30 AM
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Advance Acceptance, a division of First Western Bank & Trust, announced the launch of a free online payments feature for its equipment finance customers."Agile Payments consulted with Advance Acceptance project management to find a solution that...
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April 23, 2018, 07:18 AM
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Hitachi Capital America Corp. (HCA) announced its Medium & Small Ticket Finance (MST) group joined the Hitachi Capital America Vendor Services (HCA Vendor Services) division. In keeping with the enhanced services and client facing capabilities...
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April 06, 2018, 07:30 AM
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Funding Circle announced it is expanding its U.S. operations with a second office in Denver, Colo. With the move, Funding Circle will look to hire around 290 new employees in the Denver area over the next two years to support the company's...
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April 05, 2018, 07:05 AM
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Beacon Funding Corporation announced the release of its Financial Resource Center. The new investor relations hub provides funding partners with vital information regarding Beacon Funding’s financials and growth trajectory.“I am extremely pleased...
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April 04, 2018, 07:20 AM
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TCF Inventory Finance, Inc. (TCFIF) marked its 10th year in business. TCFIF was founded April 3, 2008. It has grown from a startup with 10 team members to a mature lending business with more than 200 team members providing inventory finance solutions...
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April 04, 2018, 07:15 AM
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AmeriQuest Business Services announced it is unifying its organization and suite of solutions via a single, company name – Corcentric. The new brand is designed to clearly communicate the company’s commitment to delivering innovative procurement and...
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March 30, 2018, 06:45 AM
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Summit Funding Group is expanding its team and services as the firm celebrates a milestone 25 years in business.President and CEO Richard L. Ross spoke recently at an event the company held at the Cincinnati Music Hall to commemorate its 25th...
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March 28, 2018, 06:20 AM
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Fleet Financing Resources (FFR) reports strong growth in first quarter volume. For the period ending March 31, 2015, as compared to 1Q 2014, funded volume was up 22% at $12.5 million. Additionally, Interest Income increased by 10% while Net Income...
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April 17, 2015, 07:01 AM
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Marlin Business Services announced today that Scott Heimes has been elected to its Board of Directors, effective April 10, 2015.Mr. Heimes is currently the Chief Marketing Officer of Digital River, Inc. He previously held senior marketing executive...
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April 15, 2015, 06:00 AM
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Advantage Funding, a subsidiary of Marubeni America Corporation since 2006, recently announced an ownership transition agreement. The agreement gave Marubeni, a multi-national, multi-billion-dollar Japanese trading company, full ownership of the...
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February 26, 2015, 07:07 AM
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During 2014, Med One increased leasing revenue by 27% from 2013. Rental revenue also experienced a major growth of 95% in 2014 while equipment sales revenue increased by 18%. The biomedical division saw growth as well and serviced 17% more units than...
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February 06, 2015, 06:00 AM
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A subsidiary of Navistar Financial Corporation (NFC) has sold $250 million of wholesale floor plan notes in a two-year 144-A securitized transaction to support International® Truck and IC Bus™ dealer inventory funding. It will replace a $200 million...
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November 10, 2014, 06:53 AM
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First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced that the company posted a “best quarter ever” record $85.8 million in funded volume for the second quarter of 2014. Keith...
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July 15, 2014, 06:47 AM
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International Decision Systems (IDS) announced that a major implementation of its InfoLease® and Rapport® equipment finance solutions is the recipient of the 2014 Operations and Technology Excellence Award from the Equipment Leasing and Finance...
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July 15, 2014, 06:45 AM
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Balboa Capita announced it has expanded its oil and gas equipment financing division, and will be a featured exhibitor at the 2014 DUG Permian Basin Conference and Exhibition in Fort Worth, Texas from May 20-22. The company is now well-positioned to...
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May 20, 2014, 06:45 AM
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GSG Financial announced its annual originations increased by 50 percent when compared to prior year. “This year-over-year increase in origination volume represents our eleventh year of consecutive growth, driven by increases in both legacy and new...
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February 18, 2014, 07:06 AM
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Ascentium Capital announces a 47% increase in volume in 2013 and strategic initiatives planned for 2014 as it deepens and expands its business partnerships. As a result of strong business relationships developed with manufacturers and distributors...
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January 28, 2014, 06:16 AM
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Creekridge Capital announced for 2013, it surpassed funding records for both the 4th quarter and the month of December. Creekridge believes this record-breaking volume is rooted in the continued dedication and service Creekridge consistently provides...
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January 07, 2014, 07:04 AM
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TBF Financial, LLC, based in Deerfield , announced today that its principal, Brett Boehm, has been appointed to the Credit and Collections Planning Committee of the Equipment Leasing and Finance Association (ELFA).This committee helps the national...
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September 06, 2012, 07:11 AM
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Taylor Capital Group, Inc. (the "Company") announced that Cole Taylor Bank (the "Bank") has launched a new equipment finance division led by Edward A. Dahlka, Jr., a nationally recognized industry leader and former President of LaSalle National...
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July 16, 2012, 07:43 AM
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Key Equipment Finance, one of the nation’s largest bank-held equipment finance companies and an affiliate of KeyCorp announced that President Adam D. Warner, who is also vice chairman for the Equipment Leasing and Finance Association (ELFA) board of...
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May 22, 2012, 07:30 AM
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Bloomberg reported that Lone Star Funds has agreed to buy $1 billion in commercial loans from CIT Group Inc., according to a person with knowledge of the sale. According to this report, Lone Star, a Dallas-based private equity firm, is purchasing...
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March 14, 2012, 08:00 AM
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Reuters reported CIT Group has asked a federal judge to approve a $75 million settlement proposal with former CIT shareholders in a class-action securities fraud lawsuit over actions preceding the large commercial lender's 2009 bankruptcy.According...
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March 14, 2012, 06:15 AM
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LEAF Commercial Capital, Inc. (“LEAF”) announces the launch of its newly expanded corporate website, www.LEAFnow.com.LEAF is committed through its value proposition, The LEAF 360° Solution™, to constantly examine and respond to the changes and...
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January 25, 2012, 08:15 AM
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Balboa Capital Corporation, a leader in equipment financing in the United States, is pleased to announce that it has just launched a hotel-specific franchise finance program to assist franchisees within the lodging and hospitality industry. "Our...
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October 12, 2011, 01:44 PM
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