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
JUN 20, 2017 - 6:00 am
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
JUN 19, 2017 - 6:55 am
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
JUN 19, 2017 - 6:45 am
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
JUN 19, 2017 - 6:35 am
PLM Trailer Leasing moved its headquarters to Newark, NJ, one of the nation's major air, shipping, rail and highway transportation networks. read more
JUN 19, 2017 - 6:25 am
Changing market demands are forcing transition in the vendor finance marketplace. What was once a simple sales finance tool used to facilitate the acquisition of capital equipment using firm-term contracts such as leases, loans or equipment finance agreements is now... read more
Interim rent accounting in practice has been inconsistent and, in some cases erroneous, under current GAAP for both lessees and lessors. That will change in a big way as lessee CFOs and auditors increase their focus on lessee accounting, since... read more
With social media becoming a larger part of how we interact on the internet, it is important for equipment leasing companies to focus on improving their footprint in this area. Samuel N. Oliva of ECS Financial Services discusses and advises how companies can do just that.
As you may know, we are inching ever closer to the new credit loss accounting rules, which will adjust how banks reserve for losses on loan and debt securities.