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Crestmark announced it provided more than $27.3 million in commercial financing to 14 businesses in the first half of September. Crestmark Equipment Finance provided $18,189,322 in eight new lease transactions; Crestmark secured a total of $6,973,000... Read Story
September 18, 2020, 07:25 AM

Work Truck Solutions launched an alliance with Hitachi Capital America (HCA) to provide finance solutions to better serve work truck dealers and their commercial buyers.“This industry has lagged in technology innovation and we are proud to deliver... Read Story
September 18, 2020, 07:21 AM
Filed Under: Program Agreements

The Equipment Leasing and Finance Association announced three new webinars scheduled for fall 2020. The webinars are designed to provide critical information to equipment finance professionals on essential hot topics. Each event will engage experts... Read Story
September 18, 2020, 07:20 AM

Wells Fargo Corporate & Investment Banking, a division of Wells Fargo & Company, announced Greg Thorne has joined its Technology, Media, and Telecom (TMT) Coverage group as a Managing Director focused on software investment banking. Based in San... Read Story
September 18, 2020, 07:15 AM

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, the US economy is recovering from the early-year pandemic-driven shutdowns, but on a K-shaped trajectory, rather than the earlier speculated V, U or L-like paths.... Read Story
September 18, 2020, 07:00 AM
Filed Under: Trucking

The Equipment Leasing & Finance Foundation released the September 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. The index reports a qualitative assessment of both the prevailing business conditions and expectations... Read Story
September 17, 2020, 07:28 AM

For middle-market and small businesses, the COVID-19 pandemic is highlighting the vital importance of investing in new technology, facilitating remote work and maintaining the tech-savvy workforce needed to make it all happen, according to a new... Read Story
September 17, 2020, 07:20 AM
Filed Under: Industry News

Existing customer Molecular Testing Labs needed additional laboratory testing equipment fast as demands soared due to COVID-19 concerns. NFS Leasing, Inc. was able to complete the agreement quickly supporting their opportunity to meet the customer’s... Read Story
September 17, 2020, 07:19 AM
Filed Under: Industry News

First Business Bank announced that Kevin Kane, CTP, was hired as President – Milwaukee Region.“Kevin is an ideal fit for us at First Business Bank so I’m very pleased that he’s joining us as President in our Milwaukee office,” said Mark Meloy, CEO of... Read Story
September 17, 2020, 07:12 AM
Filed Under:

Hilco Global announced the appointment of Kyle C. Murphy to Managing Director, Business Development of Hilco Valuation and Industrial Services. Murphy, who is based in Boston, will focus on private equity sponsors, lenders, advisors, consultants and... Read Story
September 17, 2020, 07:11 AM