Industry

Moody’s: U.S. Equipment ABS Set to Continue Strong Performance in 2018

Moody’s Investors Service says in its 2018 outlook for U.S. equipment ABS that the credit quality of U.S. equipment ABS transactions will remain strong for the coming year. read more

ELFF Appoints Hitachi Capital America’s Link to Board of Trustees

Hitachi Capital America’s Donald Link, vice president and general manager of the company’s Medium and Small Ticket Finance Division, was appointed to the Equipment Leasing & Finance Foundation’s board of trustees. read more

ENGS Commercial Finance Re-Brands by Unveiling New Website, Logo

ENGS Commercial Finance launched a new interactive website and logo as part of a rebranding effort. read more

Med One Reports Strong November Originations, Adds Three Leasing Reps

Med One Group reported more than $20 million in lease originations in November, marking the strongest month of 2017 for the independent equipment leasing company. read more

Top Five Agricultural Lenders Account for 83.6% of October Total

Statistical from EDA showed the top 20 lenders in the agricultural equipment segment, in the aggregate, filed 8,707 new financing statements during the month of October 2017. read more

DLL Wins Digital Innovation Award

DLL received the Digital Innovation award from Leasing Life, for having a digital portfolio that pushes the envelope on how commercial lessors relate to their customers. read more

Crestmark Closes 13 Transactions Totaling $23.4 Million H2/November

Crestmark secured a total of $23.4 million in financial solutions for 13 new clients in the second half of November. read more

Scorpio Bulkers Gets $38.7MM Commitment to Finance Dry Bulk Vessels

Marine transportation company Scorpio Bulkers received a commitment from a leading European financial institution for a loan facility of up to $38.7 million to finance up to 60% of the market value of three Ultramax dry bulk vessels. read more

Top Five Lenders Account for 52.5% of New Equipment Filings in October

According to a recent report published by EDA for the month of October, the top 20 lenders showed financing statement activity reached a total of 17,102 transactions for new equipment only. This was up 21.9% from the 14,025 transactions in September. read more

Societe Generale EF Receives Two Awards at Leasing Life Conference

Societe Generale Equipment Finance received awards for Vendor Finance Provider of the Year as well as the SME Champion-Europe of the Year at the Leasing Life Awards held at the end of November in Amsterdam. read more

Top Five Construction Equipment Lenders Account for 73.8% of Oct Total

Statistical data for the construction equipment market provided by EDA showed that in October the top five lenders to the market accounted for 73.8% of the total, or 4,188 new units out of a total of 5,672. read more

Ritchie Bros. to Conduct Auction for Mid-Ohio Contracting

Ritchie Bros. will sell all the assets of Mid-Ohio Contracting’s assets in an unreserved auction in Dover, OH on December 12. read more

ELFF Elects Officers, Welcomes New Trustees & Presents Research Award

The Equipment Leasing & Finance Foundation announced board of trustees’ officers to serve in 2018 and presented Ivory Consulting CEO Scott Thacker with the Steven R. LeBarron Award for Principled Research. read more

Marlin to Participate in LD Micro Main Event Conference

Jeffrey Hilzinger, Taylor Kamp and Lou Maslowe of Marlin Business Services will participate in the 10th annual LD Micro Main Event Conference on December 6, 2017 in Los Angeles. read more

Fitch Downgrades GE to ‘A+/F1’; Outlook Negative

Fitch Ratings downgraded the long- and short-term issuer default ratings for General Electric and GE Capital Global Holdings to “A+” and ‘F1’ from ‘AA-‘and ‘F1+.’ read more

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Terry Mulreany
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