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News Stories (14 Results) - Automotive

Encina Equipment Finance (EEF) announced it has provided a $20 million loan to an automobile repair company for the purchase of various equipment for new store locations. EEF was represented by Reed Smith LLP.Launched in June 2017, Encina Equipment... Read Story
May 23, 2022, 07:18 AM

eCapital Corp., a tech-enabled finance provider across North America and the UK, announced the recent closure of a $21 million working capital line of credit to a Southern California automotive company.Operating profitably in a competitive industry... Read Story
May 23, 2022, 07:05 AM

Wells Fargo Equipment Finance (WFEF), a Wells Fargo & Company subsidiary and Commercial Capital unit, announced Geoffrey Sale has joined its Automotive and Aerospace team as Division Sales Manager. Based in Detroit, Sale reports to John Crum, WFEF... Read Story
February 05, 2019, 07:15 AM

Onset Financial announced it has financed $15 million dollars in relatively unsecured international equipment. This company has experienced extraordinary growth over the past few years and this financing will help them strategically grow their... Read Story
September 20, 2018, 06:50 AM

Encina Equipment Finance announced it has provided a $10 million equipment lease line to an automotive component supplier. The facility is being used to refinance certain existing equipment leases and to fund new equipment purchases.Launched in June... Read Story
June 14, 2018, 07:15 AM

After more than a year of steady decline, machine tool order continued to rebound in June drivien by strong gains in the automotive and aerospace sectors, according to a report released by AMT – The Association For Manufacturing Technology. The... Read Story
August 14, 2017, 07:12 AM

With an intense battle for a leadership position in the autonomous vehicle market, U.S. automotive CEOs are stepping up investment in innovation, artificial intelligence (AI) and emerging technologies compared to their global peers, according to a... Read Story
July 31, 2017, 07:05 AM

White Clarke Group announced the publication of their latest Global Technology Report 2017 Auto Finance in the New Digital Ecosystem. The report, and accompanying summary video, draws important conclusions from discussions between technology experts... Read Story
February 09, 2017, 07:00 AM

The total balance of open automotive loans climbed 11.1 percent in the first quarter of 2016, surpassing the trillion dollar mark for the first time on record, Experian Automotive announced today. According to the most recent State of the Automotive... Read Story
May 20, 2016, 07:19 AM

GE Capital has released a national survey of C-suite executives at middle market companies (ranging from $10 million - Key Findings - The most significant insights to emerge from GE Capital’s survey of leaders of U.S. middle market firms... Read Story
December 16, 2014, 06:58 AM

Analysts with GA Advisory and Valuation Services LLC, a division of Great American Group, Inc., report that despite getting off to a slow start in 2014, the domestic automotive industry has proved to be a consistently strong sector of the U.S.... Read Story
August 27, 2014, 07:00 AM

Huntington has announced that it is expanding its growing auto dealer financing business into Iowa and has added key personnel into the state to support the initiative. “Huntington Auto Finance continues to expand its auto finance business in key... Read Story
September 25, 2013, 06:30 AM

White Clarke Group, international consultancy and business solutions provider to the asset and automotive finance industry, has just published the definitive analysis of the current state of play for the U.S. Asset and Auto Finance industry. After... Read Story
October 23, 2012, 06:51 AM

According to results from the winter 2012 McGladrey Manufacturing and Distribution Monitor - a survey of middle-market manufacturing and distribution executives, which provides a unique look into the state of manufacturing on "Main Street" – the... Read Story
March 07, 2012, 08:00 AM