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News Stories (215 Results) - Technology

Priority One Financial Services, a full-service finance company for marine, RV and trailer and equipment dealers, recently added two secure technology platforms to its equipment finance division. A new upload tool enhances the dealer’s ability to... Read Story
January 10, 2024, 07:00 AM

Digital transformation can affect all aspects of a business, and middle market firms are taking it seriously, according to the RSM US Middle Market Business Index (MMBI) Digital Transformation Special Report, presented by RSM US LLP ("RSM") in... Read Story
October 06, 2023, 07:55 AM

Stearns Bank N.A., a financial institution in Minnesota, has acquired a majority stake in Contract Capital Corporation (CCC). CCC provides specialized financing services to Managed Service Providers (MSPs). In addition to Stearns Bank acquiring a... Read Story
September 15, 2023, 07:20 AM

Encina Private Credit served as Revolver Agent and Term Loan lender for a Senior Secured Credit Facility to support Visual Edge IT (VEIT) long term growth. Visual Edge IT, which specializes in managed IT services and security, cloud computing, and... Read Story
July 31, 2023, 07:10 AM

JLL, a global commercial real estate and investment management company, has announced an agreement with DLL to provide clients with funding options to finance supply chain, logistics and automation equipment, technology and software. Available in... Read Story
June 23, 2023, 07:23 AM

Wingspire Capital committed a $30 million term loan A and a $15 million revolver to travel technology and marketplace firm Mondee, Inc., participating and adding to an existing loan facility led by TCW Asset Management Company.The proceeds will be... Read Story
February 22, 2023, 07:07 AM

Big agricultural and construction equipment manufacturers in the U.S. Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs, execs told Reuters.Read the full article Reuters... Read Story
February 21, 2023, 07:20 AM

United Trust Bank (UTB) has successfully integrated a new technology platform into its Asset Finance operations, transforming the way the Bank processes proposals and broker payouts.UTB has partnered with leading asset finance software specialist... Read Story
February 21, 2023, 07:00 AM

NETSOL Technologies, Inc. has signed an agreement with the finance division of a leading global agricultural and industrial equipment manufacturer based in Japan. The contract relates to its operations in Australia.The multi-million dollar contract... Read Story
February 17, 2023, 07:05 AM

Fleet Advantage announced it has been recognized as a recipient of Food Logistics’ 2022 Top Software & Technology Providers Award for the ninth consecutive year. The Top Software & Technology Providers Award recognizes software and technology... Read Story
December 20, 2022, 07:06 AM

The movement towards more technology investment for accountants is driven first and foremost by the need for efficiency, streamlined workflows and added value to their business, according to the latest Annual Accountants Survey: Top Challenges & Tech... Read Story
November 14, 2022, 07:00 AM

QuickFi is a finalist in the London-based 2022 Banking Tech Awards for three categories: Best Embedded Finance Initiative, Best Digital Initiative – Lending and Best Use of IT for Lending. The winning companies will be announced at the awards... Read Story
October 10, 2022, 07:17 AM

Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has been awarded a contract from Choice Partners national purchasing cooperative to provide leasing services for technology equipment. The contract provides Choice... Read Story
September 01, 2022, 07:10 AM

Odessa, a provider of technology solutions for asset finance, announced that Lenovo has selected the Odessa Platform to help streamline its Everything-as-a-Service global programs and provide support across the organization and its... Read Story
August 31, 2022, 07:23 AM

Truist Financial Corporation announced the grand opening of its Innovation and Technology Center, a space designed to reimagine the client experience for the more than 6 million interactions that take place daily at Truist. The 100,000-square-foot... Read Story
June 23, 2022, 07:07 AM

Trinity Capital Inc., a provider of debt and equipment financing to venture capital backed growth stage companies, announced it has closed a $30 million equipment financing line for Aledia, a LED technology company that develops and manufactures next... Read Story
May 11, 2022, 07:20 AM

PNC Bank announced the official opening of its North Texas Technology and Innovation Hub, the most recent tech-focused space it has opened across its coast-to-coast footprint, and the first hub of this type to be established in Texas. The hub will... Read Story
April 25, 2022, 07:18 AM

Businesses are investing in technology to expand online operations and facilitate remote work during the pandemic. But many of those same businesses are also eager to see their employees return to the workplace in greater numbers over the long... Read Story
March 17, 2022, 07:15 AM

Sunbelt Rentals has announced the availability of a new mobile app. The Sunbelt Rentals Mobile App allows customers to manage all aspects of their rental experience and is available at the Apple App Store and Google Play.“We’re excited to offer this... Read Story
March 14, 2022, 07:10 AM

Solifi announced a collaboration with BlackBerry Limited that will integrate BlackBerry IVY with the company’s open finance platform to drive innovative, high-impact finance use cases for OEMs and automotive finance providers. Solifi becomes the... Read Story
January 27, 2022, 07:20 AM

Amid the industry-wide focus on attracting and retaining technology talent, TD Bank Group (TD) announced plans to hire over 2,000 technology roles in 2022 with a specific focus on key skills in new technologies and processes to drive investments... Read Story
January 26, 2022, 07:05 AM

ELFA’s Technology Innovation Working Group continues to monitor technology and innovation trends to help equipment finance industry leaders understand the impacts and opportunities for the future of the industry. The group sponsored the interactive... Read Story
December 07, 2021, 07:15 AM

SmartEquip announced the commercial launch of its services in the Japan market, operated in partnership with Tokyo-based Diamond Construction Equipment Corp. The SmartEquip Network is now fully operational in Japan, with a growing number of Japanese... Read Story
September 27, 2021, 07:03 AM

Amur Equipment Finance, Inc. announced it has been named by Fast Company as a finalist for its third annual list of Best Workplaces for Innovators in the Medium Company Size category. The list honors businesses and organizations who demonstrate a... Read Story
August 06, 2021, 07:19 AM

The Midwestern Higher Education Compact (MHEC), which offers cost-savings initiatives to colleges and universities, announced a competitively awarded contract for virtualization and data center modernization solutions to Dell Technologies. The new... Read Story
August 03, 2021, 07:17 AM

Leasepath announced the successful live deployment of its Finance Origination (LOS) and Customer Engagement (CRM) platform with Global Financial & Leasing Services, LLC. A provider in equipment financing for small and medium-sized businesses, Global... Read Story
July 08, 2021, 07:17 AM

Boxlight Corporation, a provider of interactive technology, digital signage and software solutions, announced the launch of Boxlight Financial Services. Boxlight Financial Services is a strategic customer financing program created in partnership with... Read Story
June 09, 2021, 07:16 AM

PENTAX Medical, a provider of diagnostic and therapeutic endoscopy solutions, announced the launch of PENTAX Medical Financial Services, a new finance program that offers a more flexible and affordable way for healthcare providers in the United... Read Story
March 04, 2021, 07:21 AM

Corcentric, a provider of business spend management and revenue management software and services, announced the appointment of Sunil Padiyar as Chief Technology Officer. Padiyar joins the executive team in his new role and is responsible for... Read Story
February 09, 2021, 07:03 AM

CIT Group Inc. announced its Technology, Media and Telecommunications business served as co-lead arranger and joint bookrunner for a $165 million financing on behalf of iEnergizer, a leading technology services and media solutions company.The... Read Story
February 03, 2021, 07:17 AM

Northteq, Inc and TomorrowZone teamed up to deliver a guide demystifying the equipment finance software landscape. The purpose of this guide is to provide an overview of the software applications generally used to run an equipment finance business... Read Story
December 03, 2020, 07:15 AM

SmartLinx Solutions, a provider of workforce management solutions for post-acute care and senior living organizations, announced its preferred third-party commercial lender, Ascentium Capital LLC. As a national provider of business equipment... Read Story
November 13, 2020, 07:15 AM

Technological change is accelerating, and with so many advancing technologies on the scene, where should equipment finance companies invest their time, energy and dollars? The panel discussion, “Emerging Technology: Hype vs Reality,” at ELFA 2020... Read Story
November 12, 2020, 07:20 AM

Fincura welcomed Commercial Equipment Finance, Inc. (CEFI), an independent, full-service commercial equipment finance and leasing company, to its family of customers. CEFI will take advantage of Fincura’s financial insight engine to drive faster... Read Story
November 11, 2020, 07:10 AM

Bridge Bank announced it has expanded its Technology Banking team by hiring Jon Berry as Senior Vice President, further bolstering its resources and talent to serve the innovation sector in Austin, TX. He will be responsible for growing and managing... Read Story
November 10, 2020, 07:12 AM

Companies spent the equivalent of around $15 billion extra a week on technology to enable safe and secure home working during COVID-19, reveals the 2020 Harvey Nash/KPMG CIO Survey. This was one of the biggest surges in technology investment in... Read Story
September 23, 2020, 07:26 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

Tamarack Consulting, a provider of independent software solutions in the equipment finance and commercial lending industry, has hired renowned technology industry leader Rick Gretsch to lead product management. As Senior Product Manager, Gretsch’s... Read Story
September 16, 2020, 07:25 AM

Alfa, provider of Alfa Systems, a technology platform for equipment and automotive finance companies, has released its second paper on artificial intelligence in the industry.Part 2: Using Machine Learning in the Wild is a more technical follow-up to... Read Story
September 10, 2020, 07:00 AM

In the immediate wake of COVID-19, Global 2000 companies moved to slash funding for emerging technologies, such as automation, artificial intelligence (AI), blockchain and 5G, according to new KPMG International research. However, many executives are... Read Story
August 17, 2020, 07:22 AM

GreatAmerica Financial Services Corporation announced a new print security program for office technology providers to support the new work-from-home world. The MPSecure program educates providers on network security risks that arise from using... Read Story
August 10, 2020, 07:20 AM

ENGS Commercial Capital announced the recent closing of a $30 million Non-Recourse Factoring Facility for an industry-leading technology services company.  For over 40 years, the company has been providing its customers with data and analytics that... Read Story
July 23, 2020, 07:11 AM

Business confidence levels declined in the last week of May, according to the latest update to the IDC COVID-19 Tech Index. IT buyers in the U.S., Western Europe and some parts of Asia/Pacific indicated that they now expect total IT spending to... Read Story
June 08, 2020, 07:25 AM

CIT Group Inc. and Lenovo announced a three-year program extension to their Lenovo Financial Services program, continuing the decade-long relationship. Under the extension, CIT will continue to provide a broad range of vendor financing solutions for... Read Story
May 22, 2020, 07:25 AM

LBC Capital announced the extension of its partnership with Lenovo, which will see LBC Capital continue as the exclusive lessor for the Lenovo Financial Services program in Canada until 2023.Since its 2010 launch, this partnership has leveraged the... Read Story
May 22, 2020, 07:15 AM

Wells Fargo & Company announced two new leaders joining the Technology organization. Chintan Mehta was named Chief Information Officer (CIO) and head of Digital Technology & Innovation, and Munish Kumar was named CIO and head of Wealth & Investment... Read Story
May 11, 2020, 07:20 AM

Ritchie Bros. Auctioneers announced the appointment of Baron Concors as Chief Information Officer (CIO). Concors will lead a strategic, enterprise organization to deliver added value for customers, team members and shareholders through innovative use... Read Story
April 29, 2020, 07:15 AM

International Data Corporation (IDC) currently forecasts worldwide IT spending to decline 2.7 percent this year due to the economic impact of the COVID-19 pandemic. While every industry will be affected by the global slowdown, some will reduce their... Read Story
April 28, 2020, 07:15 AM

CIT Group Inc. announced its Technology, Media and Telecommunications unit served as joint lead arranger and administrative agent for a $325 million round of financing for Mobilitie Investments III LLC, a telecommunications infrastructure... Read Story
April 24, 2020, 07:25 AM

36th Street Capital announced a recently funded $8 million equipment financing for a leading technology company that provides ridesharing, meal preparation and delivery services to end-users worldwide.“This transaction required us to partner with the... Read Story
March 02, 2020, 07:22 AM

White Clarke Group announced Wayne Ross into the role of Group Chief Technical Officer.With 25 years of experience in engineering, technology development and business management, Ross will be working with White Clark Group’s executive board to lead... Read Story
February 28, 2020, 07:15 AM

Verdant Commercial Capital, LLC has hired Travis Burnett as Vice President, Relationship Manager to grow originations in its technology vertical. In his role at Verdant Commercial Capital, Burnett will concentrate on building relationships with OEMs... Read Story
February 21, 2020, 07:13 AM

The Equipment Leasing and Finance Association launched the ELFA Engage app, a new hub for events, information and collaboration in the equipment finance community. The app, which is available for both iOS and Android, is an easy-to-use tool for... Read Story
February 19, 2020, 07:20 AM

IDS, a provider of asset finance and origination technology, announced Eldon Richards has joined its executive management team as Chief Technology Officer (CTO). Richards brings more than 20 years of enterprise software product development and global... Read Story
January 28, 2020, 07:25 AM

Computer hardware and software upgrades are topping the list of investments planned by middle market companies, which regard technology as a key driver of their growth, according to a new survey conducted by The Harris Poll for CIT Group Inc.Middle... Read Story
November 13, 2019, 07:20 AM

LEAF Commercial Capital, (“LEAF”), announced that Gary Sutton, industry veteran and President and CEO of VAR Technology Finance (“VAR”), a division of LEAF, will retire in January 2020. Jonathan Fales, Vice President of Business Development at VAR... Read Story
October 25, 2019, 07:30 AM

A Capital One survey conducted at ABS East 2019, a conference convening professionals from across the asset-backed securities (ABS) industry, found more than one-third (38 percent) of professionals plan to engage with new financial partners and... Read Story
October 24, 2019, 07:12 AM

CIT Group Inc. announced its Technology, Media and Telecommunications business arranged an $18 million financing package for Denovo Ventures LLC.Denovo, a provider of managed IT services and enterprise resource planning (ERP) consulting expertise for... Read Story
September 25, 2019, 07:20 AM

Bridge Bank announced the hiring of Ryan Dammeyer as Region Leader in its Technology Banking group, along with plans to open a new regional office in Chicago to enhance its ability to serve and expand its client base in the Midwest... Read Story
July 25, 2019, 07:29 AM

BNP Paribas Leasing Solutions announced the appointment of Pascale Favre as Managing Director of the Technology Solutions International Business Line. She also joins the Executive Committee of BNP Paribas Leasing Solutions.Pascale Favre, 47, has more... Read Story
July 02, 2019, 07:20 AM

Bridge Bank announced an expansion of its geographical presence with the opening of a new office in Denver, CO, and hiring technology banking veterans Matt Wysong as Senior Vice President and Chase Little as Vice President. The expansion will enable... Read Story
June 26, 2019, 07:30 AM

Wells Fargo & Company named Gary Owen as Chief Information Security Officer and head of Information Security, and Steve Hagerman as head of Consumer Lending Technology. Both will join the company’s Technology organization reporting directly to Saul... Read Story
May 29, 2019, 07:05 AM

National Funding, a fintech lender of small and medium-sized business loans, announced Chief Technology Officer Geoff Howard received the San Diego Business Journal’s 2019 Top Tech Exec award in the Private Medium Company category. The publication... Read Story
May 24, 2019, 07:07 AM

Fleet Advantage announced results of its latest industrywide survey addressing the gap that remains for today’s fleets in the way they use data and business intelligence to run their trucks and fleet operations.There are still fleets today that... Read Story
May 24, 2019, 07:05 AM

Hitachi Capital America Corp. has signed a definitive agreement to purchase the assets of Ohio-based Global Technology Finance, a supply chain financing provider to value added resellers (VARs) in the technology industry.The decision to acquire... Read Story
February 26, 2019, 07:25 AM

Bridge Bank announced three leadership changes within its technology and equity fund resources banking groups. The leadership changes will result in being more closely aligned with the company's strategic plan as Bridge Bank and its technology and... Read Story
February 15, 2019, 07:18 AM

Crestmark Equipment Finance (CEF) announced the appointment of the division’s Chief Information Officer (CIO) Jeffrey Emrich to the Equipment Leasing and Finance Association’s (ELFA) Operations & Technology Planning Committee for 2019. The goal of... Read Story
February 15, 2019, 07:10 AM

NextLot, Inc., a provider of privately branded online auction solutions for auctioneers, announced it launched an integration with Currency, an online transaction empowerment company. Through Currency’s Express Finance decisioning engine, NextLot can... Read Story
January 15, 2019, 07:04 AM

Capital One has named industry veteran Joseph Junda to the role of Managing Director in its Technology, Media, and Telecommunications (TMT) group. Junda’s expertise is telecommunications infrastructure and data centers.“We are pleased to be able to... Read Story
December 26, 2018, 07:15 AM

Fleet Advantage announced it was named by Food Logistics as a Top 100 Software and Technology Provider in 2018, the fifth straight year the company has been included in the list. Each year, the FL100+ Top Software and Technology Providers list... Read Story
December 13, 2018, 06:50 AM

DLL and Propelics, an Anexinet company, announced the Express Finance mobile app jointly developed by the companies was awarded the Most Effective App Integration Mobie Award by Enterprise Mobility Exchange.This inaugural award recognizes the top... Read Story
December 04, 2018, 07:15 AM

Lending technology firm White Clarke Group announced its acquisition of equipment finance software provider Insyston.Founded in 1998, Insyston is an end-to-end asset finance software provider based in Sydney, Australia. Insyston moved its asset... Read Story
November 02, 2018, 07:15 AM

CIT Group Inc. announced Alla Whitston has joined the company as the Chief Technology Officer reporting to Denise Menelly, Executive Vice President and Head of Technology and Operations. In this role, Whitston will lead the technology planning and... Read Story
October 30, 2018, 07:16 AM

Fleet Advantage announced it has enhanced its award-winning ATLAAS (Advanced Truck Lifecycle Administrative Analytics Software) with new sophisticated advancements. The newly launched platform - ATLAAS Unified - will reshape the way private fleets... Read Story
October 30, 2018, 07:15 AM

A data and reports portal for customers of JDR Solutions Inc. sports a new look, expanded search capability and stronger security.JDR clients who use iVirtuaLease will notice the improvements as soon as they log in, said Doug Williams, Vice President... Read Story
October 30, 2018, 07:10 AM

ENGS Commercial Finance Co. introduced LenderTrax, a highly efficient technology enabled lease and loan platform for vendors and customers. LenderTrax provides a completely digital and mobile-ready financing process that fully automates the... Read Story
October 25, 2018, 07:25 AM

Fleet Advantage announced day its James Griffin, Chief Operating Officer and Chief Technology Officer, has been selected as a finalist for the South Florida Business Journal’s 2018 Technology Awards.The awards honoring chief information officers who... Read Story
September 06, 2018, 07:10 AM

People's United Bank, N.A. a subsidiary of People's United Financial, Inc. has bolstered its commercial banking capabilities with the formation of Franchise Finance, Technology/Private Equity Finance and Not-For-Profit Finance teams. Three senior... Read Story
August 30, 2018, 07:25 AM

The Alta Group is offering a complimentary five-page summary of its 2018 benchmarking survey and analysis on the pace of digitalization in the asset finance industry produced collaboratively by consultants in North America, Latin America and... Read Story
August 08, 2018, 07:24 AM

To compete in today’s rapidly changing world, equipment finance companies are innovating their business processes and recognizing the value of investing in technology upgrades, according to the 2018 ELFA Software Guide released today by the Equipment... Read Story
August 02, 2018, 07:05 AM

Balboa Capital announced the results of its latest survey that was conducted to gauge how small business owners utilize technology. Among the survey’s key findings: 7 in 10 small business owners say their companies became more dependent on various... Read Story
June 20, 2018, 07:15 AM

International Data Corporation (IDC) announced publication of the latest Worldwide Semiannual Internet of Things Spending Guide. The Spending Guide forecasts Internet of Things (IoT) spending will experience a compound annual growth rate (CAGR) of 13... Read Story
June 19, 2018, 07:20 AM

ChannelNet, a digital engagement firm, announced a strategic partnership with White Clarke Group, a finance technology leader, to offer an end-to-end financing solution to the global asset finance market.The partnership offers asset finance companies... Read Story
June 15, 2018, 07:21 AM

Ryder System, Inc. announced the launch of RyderGyde, a new, free mobile application allowing users to do everything from compare real-time fuel rates to conveniently schedule shop services—all from their smartphone. With this application, drivers... Read Story
May 25, 2018, 07:00 AM

Advance Acceptance, a division of First Western Bank & Trust, announced the launch of a free online payments feature for its equipment finance customers."Agile Payments consulted with Advance Acceptance project management to find a solution that... Read Story
April 23, 2018, 07:18 AM

White Clarke Group announced the launch of its latest in-depth report and summary video into the industry – the Global Technology Report 2018.The new digital report showcases new business models, industry best practice and thought leadership from... Read Story
April 19, 2018, 07:15 AM

FIS announced CNH Industrial Capital America (CNH) has selected the FIS asset finance solution as its new technology platform for managing its commercial contract and lease portfolios. CNH is the financing arm of CNH Industrial America, a provider of... Read Story
March 30, 2018, 07:20 AM

Siemens Financial Services (SFS) released a new research paper which investigates the key challenges facing manufacturers across the globe, as they look to adapt to Industry 4.0.A digitalized, automated, Industry 4.0 world offers the ability to... Read Story
February 07, 2018, 07:02 AM

Nevada’s quest to encourage blockchain technology start-ups is creating new business opportunities for commercial finance companies in the state and nation, says Patricia Voorhees, director of The Alta Group. Voorhees will discuss blockchain... Read Story
February 05, 2018, 06:50 AM

Jenne, Inc., a leading value-added distributor of technology products and solutions focusing on voice, video, data networking, premise security and the cloud, is partnering with GreatAmerica Financial Services to offer resellers, solutions providers... Read Story
January 19, 2018, 07:18 AM

Despite a slightly down first quarter, the semiconductor industry achieved near record growth in the second quarter of 2017, posting a 6.1 percent growth from the previous quarter, according to IHS Markit. Global revenue came in at $101.4 billion, up... Read Story
September 12, 2017, 07:00 AM

Financial institutions’ drive to become more “experience-driven” is opening the door to potential competition from global technology giants, according to a report published today by the World Economic Forum.According to the report, Beyond Fintech: A... Read Story
August 22, 2017, 08:30 AM

Marlin Business Services and Aptean, a leading global provider of mission critical enterprise software solutions, announced they have entered an agreement for Marlin to support Aptean’s North American operations with financing options for its... Read Story
May 16, 2017, 07:09 AM

Equipment finance companies will need to use "day-after-tomorrow" thinking to succeed in a rapidly changing world, according to a new report, “2017 Industry Future Council:  Staying Ahead of Tomorrow,” released today by the Equipment Leasing &... Read Story
April 03, 2017, 07:10 AM

The Equipment Leasing and Finance Association (ELFA) announced it is accepting member nominations for its 2017 Operations & Technology Excellence (O&TE) Award. The award will be presented to up to two winners at the ELFA Operations & Technology... Read Story
March 21, 2017, 07:00 AM

DLL has launched its bluepaper, ‘Tapping into the potential of the Internet of Things’. The finance company believes in the business potential of this data centric technology trend and hopes to inspire its partners through sharing concrete cases in... Read Story
March 20, 2017, 07:12 AM

Internet of Things (IoT) infrastructure spending is making inroads into enterprise IT budgets across a diverse set of industry verticals. International Data Corporation (IDC) has just released the results of a U.S. survey, IoT IT Infrastructure... Read Story
February 24, 2017, 07:00 AM

Zyxel Communications, a leading provider of secure broadband networking, Internet access and connected home products, announced that it has entered an exclusive financing partnership with LEAF Commercial Capital, Inc. (LEAF), one of the nation’s... Read Story
February 14, 2017, 07:07 AM

Alfa, the creator of Alfa Systems, has announced a new partnership with influential database company NuoDB, the elastic SQL database company. This affiliation will bring value to Alfa’s clients in the form of improved availability, better performance... Read Story
February 09, 2017, 07:12 AM

Worldwide revenues for information technology (IT) products and services are forecast to reach nearly $2.4 trillion in 2017, an increase of 3.5% over 2016. In a newly published update to the Worldwide Semiannual IT Spending Guide: Industry and... Read Story
February 08, 2017, 06:25 AM

Worldwide shipments of traditional PCs (Desktop, Notebook, and Workstation) totaled 70.2 million units in the fourth quarter of 2016 (4Q16), posting a year-on-year decline of 1.5%, according to the International Data Corporation (IDC) Worldwide... Read Story
January 17, 2017, 07:00 AM

According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud... Read Story
January 16, 2017, 07:00 AM

Worldwide spending on the Internet of Things (IoT) is forecast to reach $737 billion in 2016 as organizations invest in the hardware, software, services, and connectivity that enable the IoT. According to a new update to the International Data... Read Story
January 09, 2017, 07:02 AM

VenSource Capital announced that Darrell Sorenson has joined the firm as Regional Director to further develop the company’s presence in northern California, with a primary focus on Silicon Valley.  Darrell comes with a wealth of experience lending to... Read Story
January 05, 2017, 07:05 AM

Nearly half of semiconductor company business leaders believe their industry is in a late expansion phase and another 20 percent believe the industry is at an inflection point from expansion to contraction, according to this year’s Global... Read Story
December 08, 2016, 07:03 AM

The first Worldwide Semiannual Small and Medium Business Spending Guide from International Data Corporation (IDC) forecasts small and medium businesses (SMBs – businesses with less than 1,000 employees) will spend $564 billion on IT hardware... Read Story
November 29, 2016, 07:00 AM

Key Equipment Finance announced the expansion of its technology team and innovative technology finance products as the company rolls out a comprehensive strategy to meet the equipment finance needs of the technology sector.Ernie Morales and Jennifer... Read Story
November 16, 2016, 07:15 AM

Healthcare companies are more likely to increase information technology spending over the next 12 months than other industries as they aim to improve efficiency and business processes in the midst of significant skills shortages, the Harvey Nash/KPMG... Read Story
November 02, 2016, 07:10 AM

The first Worldwide Semiannual Security Spending Guide from International Data Corporation (IDC) forecasts worldwide revenues for security-related hardware, software, and services will grow from $73.7 billion in 2016 to $101.6 billion in 2020. This... Read Story
October 17, 2016, 07:15 AM

U.S. construction companies are not embracing technological advancements, such as drone aircrafts, robotics, RFID equipment and materials tracking, and data analytics, according to KPMG International’s Building a technology advantage – Global... Read Story
September 15, 2016, 07:10 AM

Marlin Business Services Corp. and JVCKENWOOD USA Corp., the U.S. affiliate of a multinational electronics company, announced they have entered an agreement for Marlin to support JVCKENWOOD’s dealership network with financing options for their... Read Story
August 29, 2016, 07:15 AM

A new update to the Worldwide Semiannual Public Cloud Services Spending Guide from International Data Corporation (IDC) shows worldwide revenues from public cloud services reaching more than $195 billion in 2020. This will be more than double the $96... Read Story
August 11, 2016, 07:12 AM

Boston Financial & Equity Corporation (BF&EC) recently provided a $1 million lease line for servers to thier newest lessee, described by BF&EC as still in “stealth” mode and on their way to disrupting the way we all work on our desktops. The company... Read Story
July 13, 2016, 07:00 AM

According to the latest forecast from the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in... Read Story
July 08, 2016, 07:06 AM

Worldwide PC shipments are forecast to decline by 7.3% year over year in 2016 according to an updated forecast from the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. The outlook continues to call for progressively smaller... Read Story
June 10, 2016, 07:07 AM

Capital One announced a significant expansion to its Technology, Media and Telecom (TMT) business with the appointment of three senior professionals. Ray Shu will serve as Managing Director and Head of Originations for TMT and will be joined by... Read Story
June 02, 2016, 07:17 AM

LaSalle Solutions, a leading provider of technology life-cycle asset management services, has introduced a new video highlighting how the company is changing the way businesses lease technology equipment.A lot can happen during a standard 36-month... Read Story
May 12, 2016, 06:47 AM

The Equipment Leasing and Finance Association (ELFA) announced it is accepting member nominations for its 2016 Operations & Technology Excellence Award. The award will be presented to up to two winners at the ELFA Operations & Technology Conference... Read Story
March 31, 2016, 07:10 AM

Jenne, Inc., a leading value added distributor of technology products and solutions focusing on voice, video, data networking, premise security and the cloud, has launched a new financing program with GreatAmerica Financial Services. This program... Read Story
March 22, 2016, 07:10 AM

The International Data Corporation (IDC) multiclient study, CloudView 2016, shows that 58% of all organizations surveyed are embracing cloud, using public or private cloud for more than one or two small applications or workloads, up from 24% 14... Read Story
February 23, 2016, 07:08 AM

Cloud spending represents about 8.5% of all IT spending by the federal government for fiscal year 2016 (FY16), according to a new report from IDC Government Insights. That represents a significant increase from the roughly 5% dedicated to cloud in... Read Story
February 12, 2016, 07:11 AM

Quick Bridge Funding, a privately-held, Inc. 500 financial services firm, announced it has been named a leader and winner in the 2016 BIG Innovation Awards presented by the Business Intelligence Group based on internally building its new innovative... Read Story
February 10, 2016, 07:10 AM

Odessa Technologies announced its annual User Conference, LeaseWave2016. To be held at the Hotel Sofitel Philadelphia, June 22-24, LeaseWave2016 will bring together Odessa’s clients, partners, and industry thought leaders.The conference, spanning... Read Story
February 10, 2016, 06:50 AM

Staying competitive in a digital world is making replacement of front- and back-end systems a top priority for equipment finance firms, reveals the 2015/2016 Business Technology Performance Index (BTPI) released by the Equipment Leasing and Finance... Read Story
February 09, 2016, 07:15 AM

A new IDC Health Insights report examining the results of the 2015–2016 Healthcare Provider Technology Spend Survey reveals that while 40% of providers reported their IT budgets are still growing, only 25% of providers with growing budgets attribute... Read Story
February 03, 2016, 07:03 AM

According to the new Worldwide Semiannual Public Cloud Services Spending Guide from International Data Corporation (IDC), worldwide spending on public cloud services will grow at a 19.4% compound annual growth rate (CAGR) -- almost six times the rate... Read Story
January 25, 2016, 07:00 AM

According to the International Data Corporation (IDC ) Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud... Read Story
January 19, 2016, 07:10 AM

NetSol Technologies announced the signing of a contract currently valued at more than $100 million, which includes license, maintenance, services and expected customization, with a long-standing customer to implement NFS Ascent.The agreement calls... Read Story
December 22, 2015, 07:01 AM

According to a new IDC Financial Insights  Perspective, Worldwide Financial Services 3rd Platform IT Spend 2014-2019 – Opportunities Abound, the financial services industry spent $114 billion worldwide on mobility, cloud, and big data & analytics... Read Story
December 21, 2015, 07:05 AM

In a newly published study, International Data Corporation (IDC ) forecasts that the proportion of "digital related" consulting engagements will increase from about half of all business and IT consulting engagements in 2013-2015 to approximately 80%... Read Story
November 30, 2015, 07:00 AM

In a newly released study, International Data Corporation (IDC ) forecasts that worldwide business analytics services spending will reach $58.6 billion in 2015 and $101.9 billion in 2019, representing a compound annual growth rate (CAGR) of 14.7%.... Read Story
November 24, 2015, 07:04 AM

The Big Data market continues to exhibit strong momentum as businesses accelerate their transformation into data-driven companies. This momentum is driving strong growth in big data-related infrastructure, software, and services. A new forecast from... Read Story
November 13, 2015, 07:05 AM

Worldwide PC shipments totaled nearly 71.0 million units in the third quarter of 2015 (3Q15), according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. This volume represented a year-on-year decline of -10.8% – slightly... Read Story
October 13, 2015, 06:44 AM

On the opening day of the ELFA Convention, panelists from The Alta Group, Genpact and Equipment Data Associates will invite attendees to join them in mapping the customer journey through leasing, and in sharing ideas about how it can be re-energized... Read Story
October 09, 2015, 07:00 AM

According to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total spending on cloud IT infrastructure (server, storage, and Ethernet switch, excluding double counting between server and storage) will... Read Story
October 05, 2015, 07:25 AM

Ally Corporate Finance, a unit of the Ally Bank subsidiary of Ally Financial Inc. that provides senior secured commercial-lending products to primarily U.S.-based, middle-market companies, today announced the formation of a team focused exclusively... Read Story
September 09, 2015, 07:30 AM

Worldwide PC shipments are expected to fall by -8.7% in 2015 and not stabilize until 2017, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. The latest forecast has growth declining through 2016 – which will make... Read Story
August 27, 2015, 07:08 AM

eOriginal announced  that Bruce W. Robertson has joined its team as the new Director of Business Development, supporting the company’s growth with more than 20 years of corporate business development experience.“The need for digital transaction... Read Story
July 24, 2015, 07:00 AM

The Equipment Leasing and Finance Association (ELFA) announces that its 2015 Operations and Technology Excellence Award will go to two companies: Element Financial Corporation and Quick Bridge Funding, LLC. The winners were selected by a subcommittee... Read Story
July 23, 2015, 06:45 AM

Annual information technology spending at the U.S. Department of Defense (DoD) has decreased a total of -14.4% in the past three years. But Fiscal Year 2016 is on track to see a slight increase (up 1.6%) in DoD IT spending. A new IDC Government... Read Story
July 17, 2015, 07:00 AM

According to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of infrastructure products (server, storage, and Ethernet switch) for cloud IT, including public and private cloud... Read Story
July 06, 2015, 07:27 AM

The total worldwide PC monitor market shipped more than 29 million units in the first quarter of 2015 (1Q15), a decrease of -12.0% compared to 1Q14 and 1.5% less than forecast, according to the International Data Corporation (IDC) Worldwide Quarterly... Read Story
June 29, 2015, 07:00 AM

Huntington Technology Finance appointed industry veterans, Jay Axelson and Tim Vertz, to its senior management team in a move to further strengthen business development and sales as North America’s leading provider of equipment financing and asset... Read Story
June 16, 2015, 07:15 AM

Worldwide PC shipments are expected to fall by -6.2% in 2015 according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. This will be the fourth consecutive year of declining volume as the PC market continues to struggle... Read Story
May 29, 2015, 07:00 AM

According to a new IDC Financial Insights forecast, Worldwide IT Spending 2013–2018: Worldwide Risk IT Spending Guide, worldwide risk information technologies and services (RITS) spending will reach $78.6 billion in 2015 and is expected to reach... Read Story
May 06, 2015, 07:10 AM

The Internet of Things (IoT) explosion will be a major driver of technology investments over the next decade. Although the billions of endpoints or connected "things" will capture the headlines for IoT, investments in the datacenter will be critical... Read Story
April 30, 2015, 07:11 AM

Meridian Leasing Corporation a LeaseWave® customer and one of the largest independent lessors in the IT industry, has gone live with the LeaseWave® Customer Portal (“LW Customer Portal”) from Odessa Technologies, Inc. The LW Customer Portal is one of... Read Story
April 24, 2015, 07:15 AM

International Data Corporation (IDC) estimates that, including internal spending, the world's largest companies spent $895B on technology in 2014.  IT vendors of all flavors long to harness a share of their hefty IT wallets not only for the revenue... Read Story
April 07, 2015, 07:02 AM

Pacific Crest Securities, the premier investment bank for technology, held its 10th Emerging Technology Summit in San Francisco on March 3-4. The investment bank hosted more than 1,100 participants at the conference, including executives from more... Read Story
April 07, 2015, 07:00 AM

GA Advisory and Valuation Services, a division of Great American Group, LLC (GA), has published its inaugural issue of the Technology Monitor, a bi-annual publication that delivers analysis of technology products from a manufacturing and wholesaling... Read Story
March 30, 2015, 07:01 AM

Worldwide PC shipments are expected to fall by -4.9% in 2015, a drop from the previous forecast of -3.3%, while growth projections for 2016 and 2017 were raised slightly, according to the International Data Corporation (IDC) Worldwide Quarterly PC... Read Story
March 16, 2015, 07:02 AM

SunTrust Robinson Humphrey (STRH) announced the alignment of its Technology, Media & Telecom (TMT) Investment Banking Industry Practice Group. The TMT group will leverage market leading industry insight, capital markets expertise and cross sub-sector... Read Story
March 04, 2015, 06:46 AM

JBT Corporation, a leading global technology solutions provider to the food processing and air transportation industries, announced the formation of a wholly-owned captive equipment finance unit, JBT Equipment Finance LLC. Through this unit, the... Read Story
January 28, 2015, 07:03 AM

New data from the U.S. audit, tax and advisory firm KPMG LLP, show the increased use of cloud technology by global business to better connect with their employees and customers. In a new report, titled “Elevating Business in the Cloud,” the firm... Read Story
December 29, 2014, 07:04 AM

International Data Corporation (IDC) announced the launch of the Worldwide Quarterly Cloud IT Infrastructure Tracker. New data for the third quarter of 2014 (3Q14) shows that almost a third of combined worldwide server, disk storage, and ethernet... Read Story
December 23, 2014, 07:00 AM

CIT Group announced that it served as Lead Arranger in a $55.5 million senior secured credit facility to T5@Portland, a subsidiary of T5 Data Centers, LLC, an owner and operator of server-ready single and multi-tenant data centers across North... Read Story
December 23, 2014, 06:30 AM

IDC Health Insights presented its 2015 healthcare predictions, based on a new IDC FutureScape report, in an on-demand Web conference. The Web conference provided insights and perspectives on long-term industry trends along with new themes that may be... Read Story
November 21, 2014, 07:08 AM

CDK Global, LLC., a subsidiary of ADP, and a leading global technology solutions provider dedicated to helping automotive retailers and manufacturers drive measurable results, announced that it will offer a new, co-branded financing program for U.S.... Read Story
September 17, 2014, 06:49 AM

RBS Citizens, the commercial banking division of Citizens Financial Group, announced the national launch of its Technology and Services banking group. The national rollout of the Technology and Services group comes as Citizens expands its broader Mid... Read Story
September 12, 2014, 07:00 AM

According to the newly published International Data Corporation (IDC) Worldwide Black Book, recent volatility will gradually give way to a more positive outlook for IT spending in the second half of 2014. With the U.S. and other mature economies... Read Story
August 07, 2014, 06:30 AM

Creekridge Capital announced they have added 14 new vendors so far in 2014 to their portfolio of contractual partners. Creekridge’s newest vendors are from both the healthcare and technology industries. They range from mid-size domestic organizations... Read Story
July 23, 2014, 07:00 AM

CapX Partners (CapX) announced the closing of a $10 million equipment lease to support the financing needs of Digital Ocean, a leading provider of cloud hosting services and one of the startup success stories of the past year.Digital Ocean’s increase... Read Story
July 10, 2014, 07:00 AM

The Equipment Leasing and Finance Association (ELFA) announced that its 2014 Operations and Technology Excellence Award will go to two companies: BB&T Equipment Finance Corporation and Wells Fargo Equipment Finance, Inc. The winners were selected by... Read Story
July 10, 2014, 06:27 AM

Worldwide combined shipments of devices (PCs, tablets, ultramobiles and mobile phones) are projected to reach 2.4 billion units in 2014, a 4.2 percent increase from 2013, according to Gartner, Inc.  "2014 will be marked by a relative revival of the... Read Story
July 08, 2014, 06:36 AM

Boston Financial & Equity Corporation recently closed a lease with an emerging growth company in California. This six year old company has recently received a series B round of $13 million. The company has developed a new tactile user interface for... Read Story
July 08, 2014, 06:00 AM

The worldwide production print market enjoyed double-digit year-over-year growth in both units and shipment value during the first quarter of 2014 (1Q14). Units grew 32.1% to approximately 9,300 units (printers and MFPs) and shipment value increased... Read Story
June 30, 2014, 06:16 AM

UpgradeUSA, a leading online company focused on helping people build credit through laptop payment plans, announced today that it is launching an online program to help small businesses affordably obtain the technology they need to grow - while... Read Story
June 27, 2014, 06:10 AM

International Data Corporation (IDC) forecasts that the server market for High Performance Data Analysis (HPDA) will grow rapidly at 23.5% compound annual growth rate (CAGR) to reach $2.7 billion in 2018 and the related storage market will expand to... Read Story
June 23, 2014, 07:06 AM

As the U.S. economy continues to improve and new technology solutions enter the marketplace, equipment finance companies are modernizing their IT systems and using technology in new ways to solve problems and create opportunity. The 2014 Software... Read Story
June 20, 2014, 07:00 AM

International Data Corporation (IDC) today released the latest forecast from the Worldwide Semiannual Software Tracker. For 2014, the worldwide software market is forecast to grow 5.9% year over year in current US dollars (USD). In constant USD the... Read Story
June 05, 2014, 06:32 AM

Mobile and Cloud revenues are surging, according to the results of the annual Technology Business Outlook survey of U.S.-based technology executives conducted by KPMG LLP, the U.S. audit, tax and advisory firm. The industry leaders also expect data... Read Story
May 27, 2014, 07:00 AM

GE Capital’s Equipment Finance business announced a new financing program for commercial buyers of collaboration solutions developed by Polycom, Inc.  Based in San Jose, Calif., Polycom is a leader in secure and flexible video, voice and content... Read Story
May 06, 2014, 07:00 AM

Fountain Partners announced it has provided a total of $13 million in equipment lease lines of credit to DigitalOcean, the world’s fastest growing cloud provider. The lease lines are helping DigitalOcean grow its customer base by expanding data... Read Story
April 29, 2014, 06:50 AM

Key Equipment Finance announced that it has been selected as the finance partner of Winncom Technologies. Winncom Technologies is a worldwide distributor and provider of complete networking solutions.Through the partnership with Key Equipment Finance... Read Story
April 22, 2014, 07:02 AM

As the traditional worldwide enterprise wireless local area network (WLAN) market experiences relative maturation and the lofty gains of the past two years begin to flatten, the WLAN market for cloud-managed Wi-Fi presents notable growth... Read Story
April 11, 2014, 06:50 AM

The growing trend of harnessing Big Data is expected to benefit exponentially equipment leasing and finance firms that invest in it early, according to a new research study released by the Equipment Leasing & Finance Foundation (the Foundation). ... Read Story
February 12, 2014, 07:04 AM

Disruptive technologies provide an opportunity in 2014 to reshape organizations, change business models and transform industries according to Deloitte’s 5th Annual Tech Trends Report, released today.“Disruptive technologies – from wearable devices to... Read Story
February 10, 2014, 06:46 AM

Worldwide tablet shipments grew to 76.9 million units in the fourth calendar quarter of 2013 (4Q13) according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker. The total represents 62.4% growth over... Read Story
January 31, 2014, 06:19 AM

Wells Fargo is expanding its Silicon Valley-based Technology Banking Division coast-to-coast. After opening new offices in Boston and Seattle in 2013, the division is planning to expand to New York this year.“The rapidly expanding technology sector... Read Story
January 16, 2014, 07:00 AM

IT Spending Across All Segments to Grow in 2014 After a Flat 2013Worldwide IT spending is projected to total $3.8 trillion in 2014, a 3.1 percent increase from 2013 spending of $3.7 trillion, according to the latest forecast by Gartner, Inc. In 2013... Read Story
January 07, 2014, 06:42 AM

The International Data Corporation (IDC) Worldwide Quarterly Integrated Infrastructure and Platforms Tracker found an impressive 68.5% year-over-year factory value growth in the integrated infrastructure and platforms market during the third calendar... Read Story
January 02, 2014, 06:15 AM

Total worldwide PC monitor shipments were more than 35.0 million units in the third quarter of 2013 (3Q13), an increase of 4.5% compared to the previous quarter and 1.2 million units more than forecast, according to the International Data Corporation... Read Story
December 27, 2013, 06:45 AM

Worldwide PC shipments are expected to fall by -10.1% in 2013, slightly below the previous projection of -9.7%, and by far the most severe yearly contraction on record, according to the International Data Corporation (IDC) Worldwide Quarterly PC... Read Story
December 03, 2013, 06:47 AM

According to GE's latest Technology & Business Services Industry Research Update, revenue and earnings expectations for most public tech vendors remain uncharacteristically subdued heading into the normally easonally strong 4th quarter. Slow... Read Story
November 22, 2013, 06:55 AM

According to the new International Data Corporation (IDC) Worldwide Black Book, worldwide IT spending is expected to accelerate next year after dipping to its slowest pace of growth since the financial crisis in 2013. Overall tech spending is on... Read Story
November 08, 2013, 06:59 AM

Worldwide PC shipments totaled 81.6 million units in the third quarter of 2013 (3Q13). In year-on-year terms, the market contracted -7.6%, ahead of a projected decline of -9.5% for the quarter, according to the International Data Corporation (IDC)... Read Story
October 10, 2013, 07:00 AM

Steven E. Byrnes, who has provided business transformation services for more than 50 of the world’s largest lending and leasing companies, has joined The Alta Group to lead its new application consulting practice, Alta CEO John C. Deane announced... Read Story
September 18, 2013, 07:03 AM

The worldwide smart connected device market, comprised of PCs, tablets, and smartphones, is forecast to grow 27.8% year over year in 2013, slightly lower than the 30.3% growth in 2012. The growth will be driven by tablet and smartphone shipments... Read Story
September 12, 2013, 07:05 AM

Technological change and the rapid expansion of office technology products will benefit the industry as businesses use a wider selection of computer and printer leasing services. For these reasons, industry research firm IBISWorld has updated a... Read Story
September 06, 2013, 07:06 AM

Crest Capital, one of the nation's leading software financing and leasing providers, has announced a financing partnership with healthcare-industry software developer SOAPware. The partnership will enable SOAPware's clients to finance their EHR... Read Story
September 03, 2013, 07:05 AM

Worldwide PC shipments are now expected to fall by -9.7% in 2013, further deepening what is already the longest market contraction on record, according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. The new forecast... Read Story
August 30, 2013, 07:00 AM

HP announced the launch of a virtual tour of its technology renewal center operations, an industry-first offering that provides customers with increased visibility into the IT asset lifecycle management process.“Rarely do enterprises have the... Read Story
August 19, 2013, 06:55 AM

Fifth Street Management LLC ("Fifth Street") announced its entry into venture lending through Fifth Street Technology Partners. The new group will be led by Michael David, former Co-Head and Managing Director of ORIX Venture Finance LLC and a 20-year... Read Story
August 06, 2013, 07:03 AM

According to a Dell press release, Dell’s mid-market and corporate customers in the U.K., Ireland, Germany, Austria, Switzerland, Belgium, the Netherlands and Luxembourg can now access direct financing for leases and loans to support their IT... Read Story
August 05, 2013, 07:00 AM

Cloud and mobile are expected to continue to gain momentum as the most disruptive technologies in consumer and business markets over the next three years, according to the Global Technology Innovation survey by KPMG LLP, the audit, tax and advisory... Read Story
July 12, 2013, 07:03 AM

Worldwide PC shipments are now expected to fall by -7.8% in 2013 according to the International Data Corporation (IDC) Worldwide Quarterly PC Tracker. The new forecast reflects a shift in PC buying trends as users increasingly consider alternatives... Read Story
May 29, 2013, 06:59 AM

As demand for Big Data technology and services continues to escalate, all levels of the Big Data technology stack will experience significant growth. Storage is a critical piece of the infrastructure component, increasing at a compound annual growth... Read Story
April 16, 2013, 07:19 AM

Worldwide PC shipments totaled 76.3 million units in the first quarter of 2013 (1Q13), down -13.9% compared to the same quarter in 2012 and worse than the forecast decline of -7.7%, according to the International Data Corporation (IDC) Worldwide... Read Story
April 12, 2013, 07:15 AM reported that according to market research firm International Data Corporation (IDC), worldwide shipments of smart connected devices increased nearly 30% in 2012.  According to the CRN report, the driving force behind that increase, according... Read Story
March 28, 2013, 07:18 AM

According to the March 2013 GE Capital Technology & Business Services Industry Research Update, the early outlook for 2013 remains conservative among most technology original equipment manufacturers (OEMs) which are calling for “positive yet tepid... Read Story
March 11, 2013, 07:15 AM

According to a new survey from KPMG International, as companies become more comfortable with the benefits of a cloud environment, they are reporting higher-than-expected costs, as well as challenges with implementation, operations and governance.The... Read Story
February 19, 2013, 07:22 AM

Healthcare Finance News reported that with less than one year until major reforms in the Affordable Care Act go into effect on January 1, 2014, the U.S. healthcare industry is rushing to put the pieces in place for handling new payment and care... Read Story
January 21, 2013, 07:30 AM

EverBank Commercial Finance, Inc., the equipment financing and asset-based lending subsidiary of EverBank, and EverBank Financial Corp announced the appointments of Jeff Schaner and Mark Sheehan as Business Development VPs in the company's Technology... Read Story
January 15, 2013, 07:29 AM reported that according to a new forecast from Gartner, worldwide IT spending will increase 4.2% in 2013 to $3.7 trillion, an increase from Gartner’s  most recent 2013 forecast of 3.8% However, much of the higher forecast is related to... Read Story
January 08, 2013, 07:00 AM reported the CEOs of five of the largest IT distributors in the world aren't holding up much hope for a quick or sustainable economic recovery.According to the report, revenue growth for their respective companies will be at best a small... Read Story
September 17, 2012, 08:11 AM

Worldwide IT spending is on pace to reach $3.6 trillion in 2012, a 3%  increase from 2011 spending of $3.5 trillion, according to the latest outlook by Gartner, Inc. Gartner's 2012 IT spending outlook has been revised up slightly from the 2.5%... Read Story
July 11, 2012, 07:51 AM

Regions Financial announced it has hired three specialty bankers to join its Restaurant, Healthcare, and Technology & Defense Banking groups. Robert Daniel has been named group head and managing director of the Restaurant Banking group in Atlanta, Ga... Read Story
June 13, 2012, 07:25 AM

Sprint Nextel announced that it has entered into a new $1 billion credit facility with Deutsche Bank and a syndicate of other banks to finance equipment purchases from Ericsson for Network Vision. The borrowers under the secured credit facility are... Read Story
May 30, 2012, 07:00 AM

Dell Financial Services (DFS) announced it is offering zero percent financing on Dell’s EqualLogic storage systems for growing businesses feeling the pressure of data growth. The Zero Percent EqualLogic promotion helps small and medium businesses... Read Story
May 10, 2012, 07:15 AM

Odessa Technologies, Inc. and Ivory Consulting Corporation, have announced a strategic alliance to comprehensively integrate Ivory’s SuperTRUMP pricing solution with the LeaseWave lease and loan management system. “Odessa has established itself as a... Read Story
April 17, 2012, 08:00 AM

U.S. chief financial officers (CFOs) of middle-market companies have grown more positive about the state of their industries and businesses as well as the state of the domestic economy over the last six months, according to the latest middle-market... Read Story
April 16, 2012, 07:30 AM

Savtira Corporation, a new provider of B2B Cloud Commerce solutions, announced the company will complete its network infrastructure expansion via a multi-million dollar equipment lease facility from strategic partner, Fortran Group International, Inc... Read Story
March 16, 2012, 07:30 AM

Balboa Capital Corporation announced the launch of their new customizable online equipment lease calculator. Designed with their customers' total convenience in mind, Balboa Capital's innovative lease calculator provides users with estimated monthly... Read Story
March 07, 2012, 07:00 AM

Castle Pines Capital now to be marketed as Channel Finance division of Wells Fargo Capital Finance.Wells Fargo Capital Finance, part of Wells Fargo & Company today launched its Channel Finance Division, which will provide innovative, worldwide... Read Story
February 22, 2012, 08:00 AM

December U.S. manufacturing technology orders totaled $519.98 million according to AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. This total, as reported by companies participating... Read Story
February 14, 2012, 08:00 AM