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Week's News

First Business Equipment Finance, LLC, a subsidiary of First Business Bank, announced Adam Schoebel was hired as Vice President – Sales, Vendor Finance. He is located in Southern California. In his role, Schoebel will expand First Business’s presence... Read Full News
November 25, 2020, 07:22 AM


Amid industry disruption and turbulence due to the pandemic, the reputation of Independent equipment finance companies for being creative and resilient is being reinforced. A majority of participants polled during a session presented at ELFA 2020... Read Full News
November 25, 2020, 07:20 AM


Nuverra Environmental Solutions, Inc. announced the closing of a multi-faceted debt refinancing with First International Bank and Trust based in Watford City, ND. Nuverra executed a $10.0 million real estate loan, a $13.0 million equipment financing... Read Full News
November 25, 2020, 07:06 AM


September 2020 U.S. cutting tool consumption totaled $156.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool... Read Full News
November 25, 2020, 07:05 AM
Filed Under: Manufacturing


According to ACT Research’s recently released Transportation Digest, from big fleets to owner-operators, and their vocational counterparts, motor carriers across-the-board have ridden a down-and-up roller coaster this year.“We’ve been tracking a... Read Full News
November 25, 2020, 07:02 AM
Filed Under: Transportation


Equipment Finance Advisor's offices will be closed on Thursday, November 26 and Friday, November 27 in observance of Thanksgiving. We will return with our Daily eNews Blast on Monday, November 30, 2020.We wish all of our readers a very safe and happy... Read Full News
November 25, 2020, 06:59 AM
Filed Under: Company Announcements


John C. Deane, CEO, chairman and a co-founder of The Alta Group, announced he will retire at the end of 2020. Valerie L. Gerard and James R. Jackson, Jr. have been appointed co-CEOs, and Thomas C. Wajnert will serve as Chairman of the international... Read Full News
November 24, 2020, 07:20 AM


The Equipment Leasing and Finance Association announced the results of the association’s Business Council Steering Committee elections. A diverse group of ELFA members has been elected to serve on five committees representing key business sectors of... Read Full News
November 24, 2020, 07:18 AM


Oakmont Capital Services announced the promotion of Elise Linn, CLFP, to Sales Manager. Linn will guide the OCS sales team, ensuring excellent customer service and growing Oakmont’s subsidy partnership relationships. “Elise is a dedicated... Read Full News
November 24, 2020, 07:15 AM


Earlier this year, the American Institute of CPAs (AICPA) joined more than 170 organizations urging Congress to include a technical correction addressing the tax treatment of loan forgiveness under the Paycheck Protection Program (PPP) in its next... Read Full News
November 24, 2020, 07:10 AM
Filed Under: Industry News