According to the Equipment Leasing & Finance Foundation‘s July 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) , overall confidence in the equipment finance market is 46.4, an increase from the June index of 44.1. read more

JUL 20, 2023 - 7:07 am

Key Equipment Finance served as the lead arranger of a group syndication providing $177.5 million in financing for Pasha Hawaii’s second liquefied natural gas (LNG)-powered container ship, the MV Janet Marie. read more

JUL 20, 2023 - 7:05 am

QuickFi by Innovation USA was named a finalist in the New York-based 2023 Finovate Awards in two categories: best embedded finance solution and best financial mobile app. read more

JUL 20, 2023 - 7:04 am

The Equipment Leasing & Finance Foundation raised its annual U.S. GDP forecast to 1.6% but decreased its annual estimate for equipment and software investment growth to 0.9% in the third quarter update to its 2023 Equipment Leasing & Finance U.S. Economic Outlook. read more

JUL 19, 2023 - 7:05 am

North Star Leasing, a division of Peoples Bank, partnered with Tamarack Technology on the implementation of Tamarack’s TrailView Customer Service Portal, which will provide North Star Leasing’s customers with 24/7 access to account information. read more

JUL 19, 2023 - 7:03 am

Fortune and Great Place to Work honored First American Equipment Finance as one of this year’s Best Workplaces for Millennials in the fewer than 1,000 full-time employees category. This is First American’s seventh time being named to the list, ranking No. 41 this year.  read more

JUL 19, 2023 - 7:00 am

Monitor Suite released its blockbuster documentary series, GE Capital’s Legend & Legacy: The Documentary, today. The four-part series delves into the entire legend of GE Capital, from its roots, rapid ascent, long-term dominance, stunning decision to exit equipment finance and beyond.  read more

JUL 18, 2023 - 6:51 am

The equipment industry increased new business volume by 6.3% in 2022, according to the 2023 Survey of Equipment Finance Activity (SEFA) from the Equipment Leasing and Finance Association. This result is a modest decrease from the industry’s growth of 7.4% in 2021. read more

JUL 18, 2023 - 6:48 am

Maxim Commercial Capital reported nearly 300% more funded deals in Q2/23 than in the same period in 2022, despite broader economic headwinds and rising interest rates. read more

JUL 18, 2023 - 6:47 am

First Business Bank selected Odessa’s suite of solutions to bolster its digital transformation journey. To support its equipment finance business, First Business Bank will implement Odessa Core Originations and Servicing, Customer Portal, and Insights through Odessa Cloud. read more

JUL 18, 2023 - 6:45 am

First Citizens Bank’s energy finance group, part of the CIT division, served as the coordinating lead arranger on a $70.4 million construction and term loan financing facility for two standalone Jupiter Power battery energy storage projects in Texas. read more

JUL 18, 2023 - 6:38 am

Crossroads Equipment Lease and Finance, a provider of transportation financing solutions, opened a new office in Irving, TX. This latest development is part of Crossroads' strategic growth plan to strengthen its position in the trucking industry and extend its national footprint. read more

JUL 18, 2023 - 6:35 am

Equipment Finance Cares formed EF Cares Charitable Fund, a newly established fund that will allow Equipment Finance Cares to support charities affiliated with equipment finance professionals and organizations outside of its traditional regional events. read more

JUL 18, 2023 - 6:30 am

Ivan Bagaliyski, director of go-to-market strategy at Solifi, received the highly commended mention in the Rising Star category at the Asset Finance Connect Summer Awards 2023. read more

JUL 17, 2023 - 6:55 am

The Certified Lease & Finance Professional Foundation announced that 19 individuals recently passed the eight-hour online proctored CLFP exam. read more

JUL 17, 2023 - 6:50 am