Fulton Bank acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank, from the Federal Deposit Insurance Corporation. read more

APR 29, 2024 - 6:52 am

U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report. read more

APR 26, 2024 - 6:37 am

IronTrax shared insights on the construction industry for Q1/24, focusing on several topics that pertain to the industry as a whole, including an industry outlook for 2024, the anticipated plunge in office real estate values, a surge in job openings, the record-high share price achieved by Caterpillar and a summary of trends in used equipment values. read more

APR 24, 2024 - 6:44 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume in the equipment finance industry for March was $9.3 billion, down 7% year over year but up 18% from $7.9 billion in February. read more

APR 23, 2024 - 6:50 am

The U.S. Attorneys' Office for the Eastern District of North Carolina announced that Armando Binelo of Pigeon Forge, TN, pled guilty for his role in a $20 million leasing fraud scheme. Daniel Raymond, of Mebane, NC, previously pled guilty to conspiracy to commit mail fraud and wire fraud in relation to the scheme and was sentenced to 84 months in prison. Binelo faces up to 20 years in prison when sentenced. read more

APR 23, 2024 - 6:49 am

Wintrust Financial entered a definitive agreement to acquire Macatawa Bank Corporation, the parent company of Macatawa Bank, a Michigan state-chartered bank, in an all-stock transaction valued at approximately $510.3 million. read more

APR 16, 2024 - 6:48 am

GreatAmerica Financial Services promoted Mitch Leahy to vice president and general manager of its office equipment group. Leahy has experience spanning credit, sales and various leadership roles. He has been with GreatAmerica for nearly two decades, most recently serving as vice president and managing director of sales for the office equipment group. read more

APR 15, 2024 - 6:32 am

Capteris, a provider of mid- and large-ticket equipment finance solutions, reported a 200% year-over-year increase in funded volume in Q1/24, resulting in the company’s strongest quarter since inception. read more

APR 12, 2024 - 6:24 am

Equipment rental company H&E Equipment Services signed a definitive agreement to acquire Lewistown Rental, a Lewistown, MT-based equipment rental business, and three of its affiliated rental operations in Havre, Glasgow and Great Falls, MT. read more

APR 12, 2024 - 6:13 am

Société Générale signed a memorandum of understanding with French banking company Group BPCE for the divestment of its equipment finance business for a purchase price of €1.1 billion ($1.18 billion). read more

APR 11, 2024 - 6:53 am