According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for March was $9.3 billion, up 4% year over year from new business volume in March 2020. Volume was up 26% month to month from $7.4 billion in February. read more

APR 23, 2021 - 7:32 am

Paperclip Publishing, a publisher based in Tempe, AZ, announced its latest initiative: Equipment Finance Cares. The program’s first event will be held in Minneapolis on June 15 and be headlined by Paperclip author Lovern Gordon, who will be discussing her domestic violence memoir, “The Legacy He Left Me.” read more

APR 23, 2021 - 7:28 am

Overall, confidence in the equipment finance market is 76.1, an all-time high and an increase from the March index of 67.7, according to the Equipment Leasing & Finance Foundation’s April 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). read more

APR 22, 2021 - 6:59 am

Despite low inventory of well-priced, low mileage Class 8 used trucks, Maxim Commercial Capital closed purchase financings ranging from $12,000 to $53,500 for hundreds of owner-operators in Q1/21. read more

APR 22, 2021 - 6:54 am

The Financial Accounting Standards Board will host a virtual roundtable on the implementation of the current expected credit losses (CECL) standard and related technical issues. The event will be webcast live at fasb.org on May 20 from 9 a.m. to 12 p.m. EST. read more

APR 22, 2021 - 6:51 am

Financial Partners Group reported March funding volume of $29.1 million, marking the second largest month in the company’s history. read more

APR 21, 2021 - 6:53 am

The Equipment Leasing and Finance Association presented a webinar focused on the topic of electronic documents on March 24 and provided five key takeaways, including an explanation of the material statutes that govern such documentation.  read more

APR 21, 2021 - 6:50 am

JDR Solutions, a provider of support services and infrastructure to the equipment finance industry, signed an agreement to assist a top U.S. bank with its system upgrade and software conversion. read more

APR 21, 2021 - 6:43 am

The Equipment Leasing & Finance Foundation released its Q2 2021 Equipment Leasing & Finance Industry Snapshot. According to the snapshot, a historic stimulus, record-high savings rates and below-trend spending are among the economic tailwinds for this year. read more

APR 20, 2021 - 6:16 am

Crestmark Equipment Finance provided $30,768,825 in 15 new transactions and Crestmark Vendor Finance provided $6,544,102 in 57 new transactions in the second half of March. read more

APR 20, 2021 - 6:08 am

For the second year in a row, Forbes recognized BMO Harris Bank on its World's Best Banks list. read more

APR 19, 2021 - 6:50 am

CIT’s healthcare finance business served as sole lead arranger on a $15.9 million financing for two medical office buildings in Littleton, CO. read more

APR 19, 2021 - 6:45 am

The American Cancer Society projects that 281,550 women will develop invasive breast cancer in the U.S. in 2021. To show support and help spread awareness, Onset Financial changed the logos on its building to hot pink and Onset Gives, the 501(c)(3) philanthropic branch of Onset Financial, will completely shift its focus to breast cancer. read more

APR 16, 2021 - 6:46 am

Crain's Chicago Business named Beacon Funding, a provider of equipment financing to small businesses throughout the United States, to the 2021 Best Places to Work in Chicago list. read more

APR 16, 2021 - 6:43 am

Bill Ten Eyck, CTP, vice president of strategic fleet solutions for Fleet Advantage, was named a Food Logistics Champions: Rock Stars of the Supply Chain award winner for 2021. read more

APR 16, 2021 - 6:39 am