Industry

Bestpass Expands to Leased Equipment Providers

Bestpass unveiled a toll management system designed specifically for those who lease equipment of any size. Bestpass has more than 300,000 transponders on the road and processes about $1.5 million in tolls per day. read more

ELS Provides $5MM in Partnership with Franchisor Bare Metal

Bare Metal Standard, a kitchen fire prevention company and franchisor, entered into partnership with Equipment Leasing Services for a $5 million line of credit to support equipment acquisitions by franchisees. read more

Tamarack Adds Four Industry Veterans

Tamarack hired leasing experts Rhonda Van Vark, Kari Skogg, Ryan Hutchcroft and Brad Pederson to implement Tamarack’s Lease/Loan Origination Accelerator on Salesforce. read more

Commercial Aircraft Leasing Market to Soar at 6.44% CAGR to 2021

A Commercial Aircraft Leasing Market 2017 research report forecasts the global commercial aircraft leasing market will grow at a CAGR of 6.44% between 2017 and 2021. read more

Navitas Credit Launches iOS Tablet Platform

Navitas Credit launched its iOS tablet platform, My Navitas HD, designed to provide 24X7 support for its financing customers. read more

Super G Closes Second Lien Facility for Lease Crew Services Company

Super G Capital provided a second lien growth capital facility for a Texas-based lease crew services company. read more

ENGS Commercial Finance Adds to Factoring Division Staff

ENGS Commercial Finance added six new team members to the company’s factoring division, ENGS Commercial Capital. read more

DLL Releases Bluepaper Outlining Potential for Internet of Things

DLL launched a bluepaper examining the possibilities for the Internet of Things. The finance company believes in the business potential of this data centric technology trend. read more

CapX Provides $15MM Equipment Financing to Gehl Foods

CapX Partners closed a $15 million lease line of credit to Gehl Foods, a contract manufacturer/packager. read more

Marlin Business Services Execs to Participate in Sidoti Convention

Jeffrey Hilzinger, president and CEO of Marlin Business Services will participate in the Sidoti & Co. Spring 2017 Convention along with Edward Siciliano and Taylor Kamp. read more

AmeraMex Inks $295K Heavy Equipment Order with Customer in SoCal

AmeraMex International received an order of $295,000 for containers handlers. The container handlers are shipping to a customer in Southern California before the end of March 2017. read more

Equipment Leasing Confidence Slides Slightly But Remains Strong  

According to the ELFF’s March 2017 Monthly Confidence Index, confidence in the equipment finance market is 71.1, easing from the February index of 72.2 but remaining among the highest levels of the last two years. read more

TAB Provides Flatbed Heavy Hauling Company with $1MM Revolving Credit Facility

TAB Bank provided a $1 million revolving credit facility for a flatbed heavy hauling company located in California. read more

AmeraMex International Inks $600K in Equipment Orders

AmeraMex International, a provider of heavy equipment for logistics companies, infrastructure construction, logging and farming companies, received three equipment orders totaling approximately $600,000. read more

Milestone Aviation Helicopter Fleet Value Surpasses $4 Billion

Milestone Aviation Group wrote $1 billion in leases and letters of intent in 2016 and the value of its helicopter fleet has now surpassed $4 billion. read more

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Terry Mulreany
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