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Equipment Finance Advisor News



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past two weeks

The Certified Lease & Finance Professional (CLFP) Foundation announced 14 individuals who recently sat through the online proctored CLFP exam, have passed. They are: Ryan Bass, CLFP – Systems Administration Manager, Navitas Credit Corp. Leighton... Read Full News
April 22, 2024, 07:23 AM


Stearns Bank announced the appointment of two accomplished professionals to its executive team. Marlice Johnson joins Stearns Bank as Chief Brand Officer, while Maggie Rivera assumes the role of Vice President of Corporate Social Responsibility and... Read Full News
April 16, 2024, 07:09 AM


The Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation.“Noncompete clauses... Read Full News
April 25, 2024, 07:25 AM
Filed Under: Industry News


Armando Binelo, 46, of Pigeon Forge, TN, pled guilty for his role in a 20-million-dollar leasing fraud scheme. Daniel Raymond, 54, of Mebane, previously pled guilty to conspiracy to commit mail fraud and wire fraud and was sentenced to 84 months in... Read Full News
April 22, 2024, 07:20 AM
Filed Under: Technology


Redaptive, an Energy-as-a-Service (EaaS) provider, announced it secured $225 million in a warehouse financing facility from ATLAS SP Partners (ATLAS SP), a global investment firm providing stable capital, financing, advisory and institutional... Read Full News
April 19, 2024, 07:23 AM
Filed Under: Energy


The Equipment Leasing & Finance Foundation (the Foundation) released the April 2024 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and... Read Full News
April 18, 2024, 07:25 AM


Finova Capital, LLC closed on a senior credit facility with a major specialty lender. The $30 million facility will be used to originate new equipment leases. Bob Neagle, CEO of Finova, noted the “addition of the new facility will allow us to finance... Read Full News
April 17, 2024, 07:20 AM
Filed Under: Industry News


Wintrust Financial Corporation and Macatawa Bank Corporation (Macatawa) jointly announced they have entered into a definitive merger agreement for Wintrust to acquire Macatawa in an all-stock transaction. Macatawa is the parent company of Macatawa... Read Full News
April 16, 2024, 07:18 AM


First Citizens Bank announced its Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center.The Ventana is a 122,000-square-foot Class A... Read Full News
April 19, 2024, 07:05 AM
Filed Under: Healthcare


Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., is celebrating nine years of business this month. WCF is an equipment-focused financing group headquartered in Frisco, TX, offering sophisticated loan and lease products to... Read Full News
April 24, 2024, 07:23 AM
Filed Under: Industry News