First Business Bank Adds Bergeron as President, Equipment Finance
First Business Bank added Kyle Bergeron to its subsidiary, First Business Specialty Finance, as president, equipment finance. Bergeron will shape...
Summit Funding Group Expands Sales Team with Addition of White as Senior Account Manager
Tom White joined the Summit Funding Group team as a senior account manager. In this role, he will be responsible...
LEAF Commercial Capital Appoints Mosley to Director of Sales, Office Products Group
LEAF Commercial Capital appointed Steve Mosley to director of sales, office products group, according to a LinkedIn post from Mosley....
Digital Contracting Adoption Rate Increases 19% M/M and 28% Y/Y
The rate of adoption for digital contracting increased 19% month over month and 28% year over year, according to Wolters...
Medium- and Heavy-Duty Construction Equipment Inventory Levels Up M/M and Y/Y
Medium-duty construction inventory levels were up 3.23% month over month and 59.05% year over year, while heavy-duty construction levels increased...
Hospital PMI at 53.5% as Economic Activity Grew for Eighth Consecutive Month
Economic activity in the hospital subsector grew in April for the eighth consecutive month after contracting twice in the previous...
Centra Acquires LeaseQ Restaurant and Franchise Team, Launches Centra Culinary Finance
Centra Funding acquired the LeaseQ restaurant and franchise team and its associated equipment finance platform from TimePayment. Partners and customers...
REGENT and MONTE Form $300MM Seaglider Partnership to Advance Sustainable Maritime Travel
REGENT and MONTE formed a new strategic partnership at CoMotion Miami to increase the accessibility of sustainable maritime travel. Under...
Bent Named 2024 Recipient of ELFA’s Edward A. Groobert Award for Legal Excellence
The Equipment Leasing and Finance Association awarded Paul Bent, senior managing director at The Alta Group, the Edward A. Groobert...
U.S. Businesses and Consumers are Rapidly Adopting Instant and Digital Payment Services
Digital wallets use grew in 2023, with efficiency-focused businesses increasing their use by 31% and convenience-minded consumers experiencing a 32%...
