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Stonebriar Commercial Finance announced the promotion of Ryan Ellis to Vice President, Head of the Real Estate Group (REG). He joined Stonebriar in 2017 in connection with an acquisition and has progressively assumed greater responsibilities in the... Read Story
April 03, 2020, 07:30 AM

Preliminary NA Class 8 net orders in March fell to 7,800 units, down 45 percent from February and 51 percent lower than an easy year-ago comparison. March’s Classes 5-7 net orders were 14,700 units, down 36 percent from February and 31 percent from... Read Story
April 03, 2020, 07:25 AM
Filed Under: Trucking

The Equipment Leasing and Finance Association released a new video interview on important components of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This new resource provides an overview of loans available for small businesses in... Read Story
April 03, 2020, 07:15 AM

Tomasz Sudaj has joined asset finance consulting and services firm Invigors EMEA, the European arm of The Alta Group, based in Poland. His appointment further strengthens the fast-growing Invigors team in continental Europe and brings additional... Read Story
April 03, 2020, 07:10 AM

TD Bank Group announced there will be no job losses in 2020 as a result of COVID-19. “It is only natural that the speed and scale of the impacts across society have employees feeling uncertain, even worried,” said, Bharat Masrani, Group President and... Read Story
April 03, 2020, 07:00 AM
Filed Under: Company Announcements

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 Story
April 02, 2020, 07:25 AM
Filed Under: Mergers & Acquisitions

Encina Equipment Finance announced it has provided a $25 million equipment lease line to a data center operator. The lease line is being used to fund new equipment purchases.EEF was represented by Reed Smith LLP.Launched in June 2017, Encina... Read Story
April 02, 2020, 07:20 AM

Economic activity in the manufacturing sector contracted in March, and the overall economy grew for the 131st consecutive month, according to the nation's supply executives in the latest Manufacturing ISM Report On Business.The report was issued... Read Story
April 02, 2020, 07:13 AM
Filed Under: Economy

MUFG announced that Kazuo (Kaz) Koshi has been appointed Executive Chairman of the board of directors for MUFG Americas Holdings Corporation and its U.S. banking subsidiary, MUFG Union Bank, N.A. He has been a member of the board of directors since... Read Story
April 02, 2020, 07:11 AM

Visual Lease, a provider of lease accounting and management solutions, announced the appointment of Erinn Tarpey as Senior Vice President, Marketing. Tarpey will oversee Visual Lease’s go-to-market strategy, operational activities and is responsible... Read Story
April 02, 2020, 07:05 AM