According to the Equipment Leasing & Finance Foundation’s November 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 56.1, an increase from the October index of 55.0. read more

NOV 20, 2020 - 7:32 am

DLL received the 2020 Digital Innovation Award from Leasing Life, a European leasing industry journal, during the first virtual Leasing Life Conference & Awards event. read more

NOV 20, 2020 - 7:27 am

CIBC Bank provided a $60 million revolving credit facility to Alliance Funding Group, a specialty finance company. read more

NOV 20, 2020 - 7:22 am

Liberty Commercial Finance, an independent equipment lease and finance company, closed a new senior lending facility with Texas Capital Bank to further expand its direct funding capabilities. read more

NOV 19, 2020 - 7:32 am

Studies suggest that COVID-19 has accelerated digital adoption by seven to 10 years and propelled use of business models with advanced technology by up to six years, according to a session presented at ELFA 2020 Business LIVE! on Oct. 27. read more

NOV 19, 2020 - 7:30 am

Registration is open for Monitor’s next Live+ event, “EF & Technology: Where Are We Now?” which will be held on Thursday, Dec. 3 at 3 p.m. ET. read more

NOV 19, 2020 - 7:26 am

Leasepath, a provider of the cloud-first Finance Origination (LOS) and Customer Engagement (CRM) platform built for asset finance, launched its flagship product with First Financial Equipment Leasing. read more

NOV 19, 2020 - 7:23 am

LeaseAccelerator revealed several enhancements to its Lease Lifecycle Automation (LLA) platform that were designed to simplify and accelerate audit readiness. These upgrades provide corporate controllers with a more holistic view of their portfolios. read more

NOV 19, 2020 - 7:18 am

Crestmark secured a total of $6.05 million in ABL financial solutions for five new clients, Crestmark Equipment Finance provided $4,371,057 in three new lease transactions and Crestmark’s government guaranteed lending group provided $12.722 million in financing in the first half of November. read more

NOV 19, 2020 - 7:13 am

Accord Equipment Finance closed an $8.5 million lease facility for a PEG-owned manufacturing firm. The company faced numerous growth concerns, including a plant consolidation requiring new capital equipment and a high demand product line. read more

NOV 18, 2020 - 7:29 am

Utica Leaseco and Utica Equipment Finance recently completed two transactions totaling $3.35 million, including a $2.6 million true lease to a construction company with locations in Texas and Colorado. read more

NOV 17, 2020 - 6:38 am

Align Business Finance recently completed $34.3 million in transactions, including a $17 million capital lease for a heavy construction company in California. read more

NOV 17, 2020 - 6:37 am

Deborah Reuben, CEO and founder of TomorrowZone, and DLL will launch the Beyond Convention: EF Innovators UnConference, the first ever industry-wide community innovation challenge to meet the urgent technology needs of equipment finance lessors and lessees. read more

NOV 16, 2020 - 7:13 am

Fleet Advantage secured a total of $223 million in truck lease syndications during its 2020 fiscal year ending on June 30, with an additional $89 million in syndications volume during its fiscal Q1 ending Sept. 30. read more

NOV 16, 2020 - 7:10 am

The American Rental Association is forecasting a 13% decline in equipment and event rental revenue this year compared with 2019, making for a drop to $48.7 billion in the United States. read more

NOV 16, 2020 - 7:08 am