ELFF Industry Snapshot: U.S. Economy to Grow by 2.7%
The Equipment Leasing & Finance Foundation (ELFF) released the Q4/24 Equipment Leasing & Finance Industry Snapshot, predicting U.S. economic growth...
North Mill Achieves Record $73MM in Funded Volume in October
North Mill Equipment Finance achieved a new company record in monthly funded volume, surpassing $73 million in October, exceeding the...
Northrim BanCorp Acquires Sallyport Commercial Finance
Northrim BanCorp acquired Sallyport Commercial Finance in an all-cash transaction that closed on Oct. 31, 2024 and is valued at...
U.S. Bank Freight Payment Index: Volume, Spend Decline at Slower Pace
Truck freight shipments and spending continued to contract in Q3/24, albeit at a slower pace than earlier this year, according...
Mid Penn Bancorp to Acquire William Penn Bancorporation
Mid Penn and William Penn entered into a definitive agreement and plan of merger, pursuant to which William Penn will...
Bloomberg: Deutsche Bank Markets $499MM of Solar Equipment Loan-Backed Debt Sold by Tesla
Tesla sold $499 million of bonds, according to Bloomberg. Deutsche Bank marketed the five-tranche deal between Monday, Oct. 28 and...
CIBC Innovation Banking Makes Leadership Appointments
CIBC Innovation Banking appointed Paul McKinlay and Patrick Martin as executive managing directors and co-heads, effective Nov. 1, 2024, as...
ISM: Manufacturing Continues to Contract in October
Economic activity in the manufacturing sector contracted in October for the seventh consecutive month and the 23rd time in the...
Ameris Bank Names Parks Head of Wholesale Banking
Ameris Bank promoted Brian Parks to the newly created role of head of wholesale banking, reporting to Lawton Bassett, president...
ACT Research: CDL Downgrades Set to Reduce TL Capacity
The insourcing of freight from the for-hire market to private fleets is nearing an end, according to ACT Research.
