The ELFA is accepting member nominations for its 2020 Operations & Technology Excellence Award, which recognizes equipment finance organizations that have successfully implemented an operational excellence initiative and/or a technology innovation project. read more

JUN 8, 2020 - 6:50 am

Ryder System launched “Ryder Relief Program,” which allows customers to combine current truck financing and free contactless delivery offers for commercial vehicles, including day cabs, sleepers, reefers, box trucks, sprinters, cargo vans and trailers. read more

JUN 8, 2020 - 6:40 am

The Federal Financial Institutions Examination Council stated its committed to financial inclusion and intolerance towards racism and discrimination. read more

JUN 8, 2020 - 6:30 am

GASB issued new accounting and financial reporting guidance for subscription-based information technology arrangements which have become increasingly common among state and local governments in recent years. read more

JUN 8, 2020 - 6:25 am

Stonebriar Commercial Finance closed a $30 million equipment lease facility with a private equity owned global provider of cloud computing services. read more

JUN 4, 2020 - 7:04 am

White Clarke Group, in association with the World Leasing Yearbook, released an annual survey to provide an assessment of the national leasing markets in the U.S., focusing on the period up to mid-2019. read more

JUN 4, 2020 - 7:03 am

The worldwide smartphone market is forecast to decline 11.9% year over year in 2020 with shipments totaling 1.2 billion units, according to the International Data Corporation. read more

JUN 4, 2020 - 7:01 am

The CIT Group Asset-Based Lending team served as administrative agent for a new $185 million senior secured, asset-based credit facility for Orscheln Farm and Home. read more

JUN 4, 2020 - 6:44 am

Crestmark Equipment Finance provided $2.27 million in two new lease transactions and Crestmark Vendor Finance provided $8.64 million in 90 new lease transactions. read more

JUN 4, 2020 - 6:41 am

The American Institute of CPAs released a set of FAQs to address how provisions within the federal CARES Act can impact business valuations. read more

JUN 3, 2020 - 6:25 am

CIT’s Power and Energy business served as sole coordinating lead arranger for a $225 million letter of credit facility on behalf of 8minute Solar Energy. read more

JUN 2, 2020 - 6:50 am

NACM’s Credit Managers’ Index rebounded in May. All four favorable factors improved but remain in contraction territory. read more

JUN 2, 2020 - 6:40 am

Dext Capital recorded record originations for April 2020. During this same period, total year over year new business volume grew over 300%. read more

JUN 1, 2020 - 7:00 am

People's United Bank has registered and obtained approval for more than 16,000 PPP loans through the SBA, delivering more than $2.5 billion to business customers. read more

JUN 1, 2020 - 6:30 am

Bridge Bank has extended a credit facility to YES Leasing, a financial services company that provides commercial equipment financing to companies and lessees of all credit backgrounds, specializing in helping those with challenging credit situations and unique circumstances. read more

MAY 29, 2020 - 7:05 am