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Most Popular News
past two weeks

Regions Bank announced it has completed the acquisition of Ascentium Capital, an independent equipment finance lender serving small businesses.“We are pleased to welcome Ascentium Capital teammates and small business customers to Regions,” said... Read Full News
April 02, 2020, 07:25 AM

Hancock Whitney — the largest bank headquartered in Mississippi — announced plans to expand into Jackson, MS, by hiring a well-known, experienced team of local commercial bankers. Hancock Whitney will open a loan production office which the bank... Read Full News
March 26, 2020, 07:25 AM

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... Read Full News
March 30, 2020, 07:25 AM

ELFA President and CEO Ralph Petta submitted a letter on March 28 to the U.S. Small Business Administration requesting that equipment finance companies be eligible to participate in the new Paycheck Protection Program under the CARES Act.The Paycheck... Read Full News
March 31, 2020, 07:12 AM

Fortune magazine named First American Equipment Finance No. 2 among the Best Workplaces in Financial Services & Insurance (Small/Medium). “Even in challenging times, First American colleagues create a work environment where new ideas are celebrated... Read Full News
March 27, 2020, 07:20 AM
Filed Under: Industry News

Total Commercial Chapter 11 bankruptcy filings for the first calendar quarter of 2020 increased 14 percent from the same period last year, according to data provided by Epiq Systems, Inc. The 1,709 total commercial Chapter 11s from Jan. 1 through... Read Full News
April 07, 2020, 07:30 AM
Filed Under: Bankruptcy

Trinity Industries, Inc. announced a realignment of responsibilities for some of its most senior executives. Eric R. Marchetto has been appointed Trinity’s Chief Financial Officer succeeding Melendy E. Lovett, who will return to her previous position... Read Full News
March 30, 2020, 07:30 AM

The Equipment Leasing and Finance Association announced a series of free webinars to provide critical information to equipment finance professionals during the global COVID-19 pandemic. The webinars will engage experts on a series of hot topics—from... Read Full News
April 07, 2020, 07:20 AM

Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., announced the hire of Jeffrey Almond as Assistant Vice President of Direct Originations and Jeremy Phillips as Financial Analyst. Almond will work out of WCF’s Frisco, TX... Read Full News
April 01, 2020, 07:25 AM

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... Read Full News
April 01, 2020, 07:00 AM