Last Week’s Top Stories

Lack of C&I Loan Growth Signaling Recession Ahead

According to commentary that appeared in the Lombardi Letter, an economic recession is likely should meaningful C&I lending continue to be stalled. read more

CSI Leasing Promotes Gloriod and Roberts

CSI Leasing promoted Patrick Gloriod to senior vice president and national sales manager and Dan Roberts to director of North American vendor programs. read more

BB&T Renames Susquehanna Commercial Finance Unit

BB&T renamed the former Susquehanna Commercial Finance unit as BB&T Commercial Equipment Capital. read more

ENGS Commercial Finance Launches New Mobile App

ENGS Commercial Finance released the ENGS Mobile App 2.0, a platform that offers connectivity and convenience for customers to access their online accounts. read more

DLL Launches Lease by the Hour Solution

DLL launched a Lease by the Hour solution in the U.S. market. It is designed to provide customers with a flexible usage-based solution for saving money when financing equipment. read more

ACT Research: Purchase Intentions Strongest Since Q3/14

According to ACT Research’s most recent For-Hire Trucking Index, May’s purchase intentions remained elevated, with 61% of responding fleets planning equipment investments in the next three months. read more

Global Capital, SLM Join Forces to Expand Financial Services Portfolios

Global Capital, a woman-owned equipment financing firm, announced its newest services partner, SLM Enterprises, a service-disabled veteran-owned startup headquartered near Nashville, TN. read more

Westlake Financial Acquires Credit Union Leasing of America

Westlake Financial Services acquired San Diego, CA-based Credit Union Leasing of America, which raised Westlake’s total managed assets from $4.0 billion to $5.5 billion. read more

Pinnacle Financial Partners Closes Merger With BNC Bancorp

The merger of Pinnacle Financial Partners and BNC Bancorp closed, bringing Pinnacle’s urban community banking model into seven new markets in the Carolinas and Virginia. read more

PLM Trailer Leasing Moves Headquarters to Newark, NJ

PLM Trailer Leasing moved its headquarters to Newark, NJ, one of the nation's major air, shipping, rail and highway transportation networks. read more

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