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Week's News

PEAC Solutions, a multi-national asset financing company, announced the appointment of Eileen Schoonmaker as President of the Americas, effective June 16, 2025. In this capacity, Schoonmaker will oversee all aspects of PEAC Solutions’ operations in... Read Full News
May 20, 2025, 07:16 AM


The Equipment Leasing & Finance Foundation (the Foundation) has released the May 2025 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), showing that overall, confidence in the equipment finance market is 44.5, up from the April... Read Full News
May 20, 2025, 07:15 AM


Preliminary net trailer orders plummeted more than 12,500 units from March to April, a contraction of about 57%. At 9,400 units, order intake was nearly 32% lower compared to April 2024, according to ACT Research. Seasonal adjustment (SA) at this... Read Full News
May 20, 2025, 07:05 AM
Filed Under: Trucking


In celebration of the incredible support and dedication of its members, the Equipment Leasing & Finance Association (ELFA) is excited to launch Member Appreciation Week from May 19-23, 2025. During this special week, ELFA will offer a range of... Read Full News
May 20, 2025, 07:00 AM


The Certified Lease & Finance Professional (CLFP) Foundation announced that 17 individuals who recently sat through the online proctored CLFP exam have passed. They are:1. Joshua Allerson, CLFP – Assistant Vice President, U.S. Bank Equipment Finance2... Read Full News
May 20, 2025, 07:00 AM


Trinity Capital, a leading alternative asset manager, announced the commitment of $15 million in growth capital to Lendflow, a software development company that provides embedded credit infrastructure to fintechs, lenders and vertical... Read Full News
May 20, 2025, 06:55 AM


Eligible early-stage founders will have access to customized banking solutions and deep expertise tailored to their unique needs through a new offering unveiled by Citizens. This offering, “Citizens for Startups,” provides access to dedicated startup... Read Full News
May 20, 2025, 06:45 AM
Filed Under: Company Announcements


AP Equipment Financing has increased Q1 2025 funding volume by 12.7%, compared to Q1 in 2024, the company announced. This increase signals a strong start to what is shaping up to be a record-breaking year. March 2025 stood out as a particularly... Read Full News
May 19, 2025, 07:16 AM
Filed Under: Company Announcements


Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, the largest non-bank, non-captive finance provider in North America, announced the hiring of Bojan Janjic as a new strategic account executive for the company’s growing... Read Full News
May 19, 2025, 07:10 AM


April preliminary Class 8 same dealer used truck retail sales volumes increased 8.6% m/m, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research.“Used truck buyers did not let... Read Full News
May 19, 2025, 07:05 AM
Filed Under: Trucking