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Gordon Brothers, the global advisory, restructuring and investment firm, announced Dennis Bolton has joined its Commercial & Industrial division as Managing Director.Bolton will assist clients in evaluating remarketing methods for various types of... Read Story
May 28, 2020, 07:25 AM


CIT Group Inc. announced it has won three Stevie American Business Awards for business excellence. The awards include a Gold award for Achievement in Management – Banking, a Silver award for FinTech Solution and a Silver award for Corporate Social... Read Story
May 28, 2020, 07:21 AM
Filed Under: Industry News


NFS Leasing, Inc. has extended its existing partnership with customer RPP Products, Inc. to help fund an expansion into a new line of business, manufacturing hand sanitizer.RPP Products is an automotive manufacturing and distribution company... Read Story
May 28, 2020, 07:20 AM
Filed Under: Manufacturing


Tiger Group is liquidating well-maintained, late-model machinery and equipment surplus to the ongoing operations of a leading dispenser and manufacturer of Cannabidiol (CBD) products, with a range of value-add uses in the cannabis and biopharma... Read Story
May 28, 2020, 07:05 AM
Filed Under: Asset Management


In the release of its Commercial Vehicle Dealer Digest, ACT Research is predicting that the economy will transition from contraction to growth over the course of Q3 and Q4, acknowledging that after the current focus on saving lives will come the... Read Story
May 28, 2020, 07:03 AM
Filed Under: Economy


The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed overall new business volume for April was $8.2 billion, down 7 percent year-over-year. Volume was down 8 percent month-to-month from $8.9... Read Story
May 27, 2020, 07:30 AM


LCA Bank Corporation (LCAB) continues its momentum to assist small business requiring PPP support.  On May 20, LCAB was chosen to participate in an evening call-in event for minority entrepreneurs from Dallas, TX, all the way to Richmond, VA. The... Read Story
May 27, 2020, 07:15 AM
Filed Under: SBA Lending News


The current pandemic has reinforced the need for equipment finance companies to focus on their operational resiliency efforts now and for the long term. Steps to address the needs caused by the crisis and take a more holistic approach to building... Read Story
May 27, 2020, 07:12 AM


According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, Used Class 8 same dealer sales volumes dropped 15 percent month-over-month in April, with longer-term sales dropping 7 percent year... Read Story
May 27, 2020, 07:05 AM
Filed Under: Trucking


Vx Capital Partners announced the appointment of Rushi Shah as Associate. Rushi will be responsible for investment analysis and modeling, portfolio management and lead analytical support for origination, and finance and marketing transactions.Prior... Read Story
May 27, 2020, 07:00 AM