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Most Popular News
past two weeks

North Mill Equipment Finance, LLC, announced the promotion of four key employees. The announcement follows North Mill’s banner year in 2019 as the company posted the highest level of originations in its history. The strategic appointments will play a... Read Full News
January 20, 2020, 07:25 AM

CIT Group Inc. announced it has hired Calvin Navatto as a Business Development Officer in its Commercial Services business.Navatto will be based in New York City and focus on business development across a wide range of business verticals supported by... Read Full News
January 17, 2020, 07:25 AM

Eight ex-Wells Fargo & Co. executives are facing a record $59 million in fines and the bank’s former CEO received a ban from the industry as regulators took unprecedented steps in holding individuals to account for corporate scandals, Bloomberg... Read Full News
January 24, 2020, 07:30 AM
Filed Under: Industry News

The Equipment Leasing and Finance Association (ELFA), which represents the nearly $1 trillion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2020.Given U.S. businesses, nonprofits and government agencies are expected... Read Full News
January 23, 2020, 07:23 AM

Deloitte CFO Signals Survey found Chief Financial Officials are anticipating a downturn. Expectations for a U.S. downturn have risen since earlier this year, with 97 percent of CFOs saying that a downturn (a slowdown or a recession) has already begun... Read Full News
January 20, 2020, 07:20 AM
Filed Under: Economy

CIT Group Inc. announced its Real Estate Finance business served as administrative agent for an $87 million loan to finance construction of a new logistics warehouse and storage facility adjacent to John F. Kennedy International Airport in Queens, NY... Read Full News
January 27, 2020, 07:10 AM

Universal Robots launched its new cobot leasing program in collaboration with DLL, a global vendor finance company. The new partnership enables all manufacturers, regardless of size or capital equipment budgets, to reap the benefits of automation... Read Full News
January 16, 2020, 07:30 AM
Filed Under: Program Agreements

SLIM Capital, LLC announced the addition of Andrew Johnston as Operations Supervisor.  Johnston’s focus will be to evaluate, recommend and execute on initiatives for SLIM Capital’s current operation process. He will be located at SLIM Capital’s... Read Full News
January 17, 2020, 07:20 AM

Industry icon and former Equipment Leasing and Financing Association Chair Bob Stubbs passed away on Jan. 18, 2020 at home in New Jersey. Bob was an inaugural inductee into the Equipment Finance Hall of Fame in 2014.Bob had a distinguished career in... Read Full News
January 22, 2020, 07:25 AM

Stonebriar Commercial Finance announced Alex Palazzolo has joined the company as Managing Director of Originations. Based in Plano, TX, he will leverage existing and develop new relationships to source fixed-asset secured loan and lease opportunities... Read Full News
January 15, 2020, 07:25 AM