Industry

Ritchie Bros. Sells $44MM of Equipment at Fort Worth Auction

Ritchie Bros. sold more than $44 million of equipment and trucks over two days at its live, unreserved auction in Fort Worth, TX. read more

Start-Up Your Leasing Solution Now Live on ASPIRE v5

Your Leasing Solution, a start-up independent leasing company, has gone live with LeaseTeam’s end-to-end ASPIRE v5 system. read more

ELFF: Equipment Finance Industry Confidence Eases Further in May

The ELFF May 2018 Monthly Confidence Index for the Equipment Finance Industry revealed lower confidence in the equipment finance market in May, easing to 64.6, down from the April index of 68.3. read more

DLL Provides Insights on Compliance’s Effect on Circular Business Model

DLL released a new whitepaper measuring the business and operational impact of compliance when transitioning to a circular business model. The whitepaper includes a checklist to manage compliance. read more

Crestmark Closes 18 Transactions Totaling Nearly $20MM in H1/May

Crestmark secured a total of $19.99 million in financial solutions for 18 new clients in the first half of May. read more

White Oak Healthcare Finance Provides Incremental Financing to SoClean

White Oak Healthcare Finance closed an incremental financing for SoClean, a provider of fully automated cleaning devices for continuous positive airway pressure machines. read more

Co-Founder of First American Makes Investment in Innovation Finance

Guy Klingler, who co-founded First American Equipment Finance, will make a significant equity investment in Innovation Finance. read more

Odessa Adds New Customers and Expands Deployments

Odessa recently deployed software solutions for Bennington Financial Services and First American Equipment Finance and expanded LeaseWave deployments for Ascentium Capital and First Federal Leasing. read more

Midwest Caterpillar Dealer Expands Presence in Illinois & Indiana

Cedar-Rapids, IA-based Caterpillar dealer Altorfer Holdings acquired Patten Industries, a Caterpillar dealer in Northern Illinois and Northwest Indiana. read more

Saunders Leasing Chairman, TRALA Founder Passes Away

TRALA announced the passing of its founding Chairman, Harris Saunders, Jr. Saunders, who spent nearly 40 years building Saunders Leasing System into the third largest truck leasing company in the U.S. before it was sold to Ryder System. read more

AmeraMex Receives $800K in Equipment Orders

AmeraMex, a provider of heavy equipment for logistics companies, infrastructure construction and tactical military vehicles, received three equipment orders totaling approximately $800,000. read more

March’s Top Woodworking Equipment Lenders Account for 65.5% of Total

The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 58 woodworking equipment related filings during the month of March 2018. read more

Avolon Extends $4.75B Term Loan B Facility to 2025, Reduces Margin

International aircraft leasing company Avolon repriced and extended its senior secured $4.75 billion Term Loan B facility. read more

Key Equipment Finance Provides Financing for Solar Project In Maui

Key Equipment Finance’s Energy Solutions team provided financing for Kenyon Energy’s South Maui, HI project. read more

Hitachi’s Pavliscak Named to Detroit Notable Women in Finance List

Candi Pavliscak, senior vice president and chief risk officer for Hitachi Business Finance, was featured in Crain’s Detroit Business as one of the most Notable Women in Finance. read more

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