More Than Half of Restaurant Operators Are Planning Increase to Equipment Budgets
More than half of restaurant operators are planning to increase their equipment and supply budgets in 2023, and 67% plan...
Alfa Announces Free Scope 3 Emissions Reporting
Alfa, the makers of Alfa Systems, a software platform for providers of asset finance, announced new functionality to help its...
Hertz Announces Departure of President and COO
Paul Stone, chief operations officer and president of Hertz, will step down from his role on Sept. 30 to pursue...
Guggenheim Securities Expands Commercial Services Investment Banking Practice
Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, expanded its commercial services investment banking practice with...
EquipmentShare Completes $150MM Series E Equity Raise Extension
EquipmentShare completed an extension of its Series E equity raise, led by funds affiliated with BDT & MSD Partners. Through...
ACT Research: Class 8 Truck Sales Surge 14% in August
According to preliminary data from ACT Research, Class 8 same dealer used truck retail sales volumes surged 14% month over...
Hawthorn Bank Names Bowers Chief Strategy Officer
Jefferson City, MO-based Hawthorn Bank named John Bowers its new chief strategy officer. Bowers will be responsible for formalizing and...
Xerox Expands Financial Services Program with PEAC Solutions
Xerox and PEAC Solutions expanded their partnership for the provision of certain leasing and financial services programs to Xerox’s FITTLE...
Stearns Bank Acquires Majority of Contract Capital Corporation
Stearns Bank acquired a majority stake in Contract Capital Corporation, a provider of specialized financing services to managed service providers.
Société Générale’s Equipment Finance Division Could Be Sold
According to Reuters, Société Générale may consider selling its equipment finance division, with the bank viewing “the business as non-core.”
