Industry

ELFA Releases Agenda for Hybrid 2024 Lease and Finance Accountants Conference

The latest accounting and financial reporting issues affecting the equipment finance sector will be the focus of the Equipment Leasing and Finance Association’s (ELFA’s) hybrid 2024 Lease and Finance Accountants conference. read more

Wingspire Provides $12MM in Funding to Propel Aerospace Manufacturer Capabilities

Wingspire Equipment Finance provided a $12 million equipment financing to an aerospace manufacturing company. This financing initiative supports the acquisition of new CNC machines and lathes, expanding and enhancing the efficiency of the company’s manufacturing processes. read more

IFSC Aims to Transform Financial Operations with LTi Technology Solutions’ ASPIRE Platform

International Financial Services (IFSC) has chosen and successfully implemented LTi Technology Solutions’ ASPIRE platform. In implementing the platform, adding functionality was the main goal for IFSC. read more

Apollo Tires Implements Corcentric’s Managed Accounts Receivable Services to Drive Growth

Apollo Tires (U.S.) has implemented Corcentric’s managed accounts receivable (AR) services to help the tire manufacturer focus on strategic initiatives that will contribute to its business growth in the U.S., with plans to introduce Corcentric’s AR services into Canada at a later date. read more

Avolon Partners with Airbus to Explore Future of Hydrogen Aviation

Avolon partnered with Airbus to support the development of hydrogen-powered commercial aircraft through Airbus’ ZEROe project. Airbus and Avolon will investigate how future hydrogen-powered aircraft could be financed, commercialized and supported by the leasing business model. read more

Recap: Winning With Leasing with Sudhir Amembal

Sudhir Amembal, an affiliate of Rinaldi Advisory Services, recently held another virtual, one-day session as part of his Winning With Leasing seminar series with attendance from bank-based companies, independents, captives, brokers and service providers. read more

Trinity Capital Launches Strategic Partnership with Eagle Point Credit Management

Trinity Capital, a provider of financing solutions to growth-stage companies, launched a new vehicle in partnership with Eagle Point Credit Management. Trinity’s wholly owned registered investment adviser will be an adviser to the new vehicle. read more

Assurant Partners with HEVI to Provide Extended Service Contracts for Electric Heavy Equipment

Assurant is partnering with HEVI. Through this partnership, HEVI customers will be able to purchase an Assurant extended service contract (ESC) to protect covered equipment beyond the manufacturer’s base warranty period. read more

Maxim Commercial Capital Reports Strong Q2/24 Results

Maxim Commercial Capital, a provider of loans and leases from $10,000 to $3 million secured by class 6 and 8 trucks, trailers, heavy equipment and real estate for entrepreneurs nationwide, reported strong results for Q2/24. read more

United Leasing & Finance Celebrates 60 Years in Equipment Financing

United Leasing & Finance is celebrating its 60th anniversary. The company was founded in 1964; its founders had a vision to support businesses by offering tailored financial solutions for their equipment needs. read more

Canadian Kawasaki Motors Finance Extends Partnership with Solifi

Canadian Kawasaki Motors Finance (CKMFC) has successfully migrated its Canadian operations to Solifi Wholesale Finance. This deployment follows KMFC U.S.’s implementation of the same solution in 2021. read more

Stonebriar Closes Incremental $25MM Secured Term Loan for Lumber Company

Stonebriar Commercial Finance closed an incremental $25MM secured term loan for a regional lumber company. The loan is secured by all production equipment and other assets such as rolling stock, real estate and timber tracts. read more

MH&H Partners Berkoff and Driscoll Named to Lawdragon’s List of Leading Lawyers

Two partners of Moritt Hock & Hamroff (MHH), Leslie Berkoff and Theresa Driscoll, have been recognized by Lawdragon in its 500 Leading U.S. Bankruptcy & Restructuring Lawyers list for 2024. read more

Textron Aviation Unveils the Next Generation of Military Aircrew Multi-Engine Training Aircraft

Textron Aviation, a Textron company, unveiled its new military multi-engine training aircraft — built upon the Beechcraft King Air 260 — which is making its show and European debut at the Farnborough International Airshow (FIA). read more

CLFP Foundation Makes Significant Updates and Releases New Resources for the Industry

The Certified Lease & Finance Professional (CLFP) Foundation released the 10th edition of the handbook, which has been updated to reflect the profound impact of the COVID-19 pandemic on the industry and the expansion of the Uniform Commercial Code. read more

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