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A Southwest Georgia businessman and owner of a tractor supply company has pleaded guilty to orchestrating a complicated fraud involving millions of dollars of loans by multiple creditors.Rickey Carter, 60, of Nashville, Georgia, pleaded guilty to one... Read Story
June 17, 2021, 07:10 AM
Filed Under: Fraud

The Equipment Leasing & Finance Foundation released the June 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 71.3, steady with the May index of 72.1. The index reports... Read Story
June 17, 2021, 07:00 AM

Amur Equipment Finance was named “Business of the Year” by the Grand Island Area Chamber of Commerce. This distinguished award, bestowed on an annual basis, was presented to Amur during the Grand Island Area Chamber of Commerce Annual meeting on June... Read Story
June 17, 2021, 06:30 AM
Filed Under: Industry News

CSI Leasing has expanded its Asia-Pacific operations by opening a subsidiary in Japan. This expansion follows the recent launch of CSI Leasing India Pvt. Ltd. in November 2020. The company now has seven leasing subsidiaries in the Asia-Pacific region... Read Story
June 17, 2021, 06:24 AM
Filed Under: Industry News

Wells Fargo announced that Ruth Jacks has been named head of Data and Transformation for Commercial Banking. She joined the company June 14 and reports to Perry Pelos, head of Commercial Banking.In this newly created leadership role, Jacks is... Read Story
June 17, 2021, 06:00 AM
Filed Under: Banking News

HSBC Bank USA is offering Sustainability-Linked Loans (SLL) that will enable U.S businesses to tie their borrowing to activities that support a more sustainable, resilient and prosperous world.HSBC SLLs are available in a variety of corporate loans... Read Story
June 17, 2021, 05:42 AM
Filed Under: Banking News

According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 Report, data through the first two weeks of June suggest that North America is at or very near the top of the freight rate expansion, which has been setting new highs on... Read Story
June 17, 2021, 05:38 AM
Filed Under: Trucking

Mitsubishi UFJ Financial Group (MUFG) announced the appointment of Randall Chafetz to the role of Vice Chairman of the firm's Global Corporate and Investment Banking (GCIB) business.Chafetz will assume this newly created role in New York on June 29... Read Story
June 16, 2021, 07:04 AM

Nate Kary has been named Geneva Capital’s new Director of Operations, and Sara Beattie has been promoted to Credit Manager on the Operations Team. Kary joined Geneva Capital as a Financial Analyst in 2005. Promoted to Credit Manager in 2007, he has... Read Story
June 16, 2021, 07:00 AM

Wells Fargo Investment Institute (WFII) released its “2021 Midyear Outlook: Fuel for Growth,” calling for an intensified 2021-2022 U.S. economic recovery thanks to COVID-19 vaccines, expectations for accelerated spending of last year’s accumulated... Read Story
June 16, 2021, 06:25 AM
Filed Under: Economic Commentary