According to ACT Research, used Class 8 retail volumes (same dealer sales) declined 23% month over month in April, while average mileage declined by 1%, with average prices down 8% and age up 3%. read more

MAY 31, 2023 - 6:59 am

Biz2Credit and CPA.com introduced a new SBA 7(a) lending option to the CPA Business Funding Portal, a cloud-based platform that supports accounting firms in securing business financing options for clients. read more

MAY 30, 2023 - 7:04 am

According to the General Aviation Manufacturers Association, the aircraft manufacturing industry’s results for the first three months of 2023, when compared to 2022, point to increasing aircraft unit deliveries across most aircraft segments. read more

MAY 26, 2023 - 6:52 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, overall new business volume in the industry for April was $9.7 billion, down 8% year over year and 7% month over month.   read more

MAY 25, 2023 - 7:04 am

QuickFi by Innovation Finance USA was named “Best in Show” at Finovate Spring 2023. QuickFi was honored for the live demonstration of its newest offering, the QuickFi e-commerce integration. read more

MAY 25, 2023 - 6:55 am

Amembal & Halladay launched five self-paced e-learning courses that will cover a range of topics, including accounting for leases, management strategies and vendor leasing programs. Sudhir Amembal created the courses and will serve as the instructor. read more

MAY 24, 2023 - 7:06 am

CIT Northbridge Credit, as advised by CIT Asset Management, provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group, a privately held sales, marketing and supply chain services distributor. read more

MAY 23, 2023 - 6:51 am

In a recent report, Global Jet Capital projected $195 billion in total business aviation transaction volume for both new and pre-owned transactions between 2023 and 2027 with a compound annual growth rate of 3.1%. read more

MAY 22, 2023 - 7:13 am

Despite economic uncertainties around inflation, labor issues and a looming recession, more than 80% of franchisors anticipate an increase in franchise sales in 2023, according to a new study released by the Equipment Leasing & Finance Foundation. read more

MAY 22, 2023 - 7:12 am

Clarus Capital completed a new $25 million lease facility for a sponsor-backed precision components manufacturer. The financing proceeds will support the installation of new production equipment across multiple facilities. read more

MAY 22, 2023 - 7:11 am

Cynergy Business Finance, the asset-based lending arm of Cynergy Bank, launched a new block discounting product to enable independent finance providers and own-book lenders to release capital invested in customer finance agreements. read more

MAY 19, 2023 - 7:01 am

CIT Northbridge Credit, advised by CIT Asset Management, provided $40 million in financing for Tronair, a manufacturer of ground support equipment, aftermarket replacement parts and services for the global aviation market. read more

MAY 19, 2023 - 7:00 am

Sweet Leaf Madison Capital provided Gold Leaf Florida with financing for a major purchase of horticultural LED lighting through FOHSE, a manufacturer of grow lights in the SLMC Preferred Vendor Program. read more

MAY 19, 2023 - 6:55 am

According to the Equipment Leasing & Finance Foundation’s  May 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market fell to a mark of 40.6, a decrease from the April index of 47. read more

MAY 18, 2023 - 7:01 am

Eagle Bulk Shipping, an operator of midsize drybulk vessels, amended its credit agreement to increase borrowing capacity by $175 million, among other changes. Crédit Agricole is the facility agent for the loan. read more

MAY 18, 2023 - 6:49 am