In its 2021 Current Aircraft Finance Market Outlook, Boeing projects global and diversified funding will continue to flow into the aircraft financing sector as the aviation sector navigates the global COVID-19 pandemic and vaccine deployment continues to accelerate. read more
APR 15, 2021 - 6:15 am
Wintrust Commercial Finance, a division of Wintrust Asset Finance, is marking its sixth year in business this month. Since its inception in 2015 with four founding employees, Wintrust Commercial Finance has grown to a staff of 48 people, including the new east region team developed in 2020. read more
APR 15, 2021 - 6:12 am
According to Ritchie Bros. Market Trends, which is now updated with new data daily, U.S. truck tractor pricing was up 20% year over year for the three months ending March 31, 2021, while medium earthmoving equipment prices in the United States were up 15%. read more
APR 15, 2021 - 6:08 am
Annual equipment and software investment is expected to grow 11.2% in 2021 and U.S. GDP is expected to grow 5.7% in 2021, according to the Q2 update to the 2021 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation. read more
APR 14, 2021 - 6:39 am
Deborah Reuben, CEO and founder of TomorrowZone, announced the spring lineup for public UnConference live sessions scheduled to begin May 4 and continue through June 17. read more
APR 14, 2021 - 6:35 am
North Mill Equipment Finance restructured its working capital solution. The financing arrangement, called “Cash Out,” allows customers to borrow the equity of paid-up business equipment and channel the proceeds back into the company. read more
APR 13, 2021 - 6:23 am
Northland Capital Financial Services, a national commercial equipment lender in St. Cloud, MN, is celebrating 25 years in business this year. read more
APR 13, 2021 - 6:20 am
During Q1/21, Air Lease delivered 10 new aircraft from its order book, including one Airbus A320neo, four Airbus A321neos, four Boeing 737-8s and one Boeing 787-9. Aircraft investments in the quarter totaled approximately $600 million. read more
APR 13, 2021 - 6:18 am
Encina Equipment Finance provided a $20 million equipment lease line to a specialty chemical company. The lease line is being used to fund new equipment purchases. read more
APR 9, 2021 - 6:30 am
AerCap signed lease agreements for 60 aircraft, including 28 widebody aircraft and 32 narrowbody aircraft, during Q1/21. In addition, AerCap purchased one Embraer E2 and executed sale transactions for nine aircraft. read more
APR 8, 2021 - 6:38 am
Ritchie Bros. Inspection Services and its more than 400 team members completed more than 600,000 equipment inspections in 2020, taking more than 15 million photos and analyzing hundreds of thousands of oil samples in its in-house fluid analysis lab. read more
APR 8, 2021 - 6:37 am
Avolon executed a total of 31 lease transactions in Q1/21, including new aircraft leases, follow-on leases and lease extensions. In terms of financial highlights, Avolon had total available liquidity of approximately $7 billion at quarter end. read more
APR 8, 2021 - 6:35 am
CIT Group’s healthcare finance business served as sole lead arranger on an $18.5 million loan to finance the acquisition of the Singing River Cancer Center by Cypress West Partners. read more
APR 7, 2021 - 6:01 am
Triton Container International Limited, a subsidiary of Triton International, priced an offering of $600 million aggregate principal amount of 2.05% senior secured notes due 2026 at an offering price of 99.896% of the principal amount thereof. read more
APR 7, 2021 - 5:59 am
Leasepath deployed its Finance Origination (LOS) and Customer Engagement (CRM) platform with PMD Business Finance, an asset finance broker based in the United Kingdom. read more
APR 6, 2021 - 6:47 am