Penske Truck Leasing and Daimler Truck North America celebrated the delivery of two battery electric production model Freightliner eCascadia semi-trucks. read more

NOV 29, 2022 - 7:10 am

Mitsubishi HC Capital America entered into a $20 million facility to provide supply chain financing for an IT value-added reseller (VAR) serving the life sciences sector. read more

NOV 29, 2022 - 7:08 am

According to ACT Research’s recent release of the For-Hire Trucking Index, the supply-demand balance increased as volumes ticked up and freight rates continue to decline. read more

NOV 29, 2022 - 7:07 am

The Certified Lease & Finance Professional Foundation reported that 20 individuals recently passed the eight-hour online proctored CLFP exam to earn their CLFP designation. read more

NOV 28, 2022 - 7:22 am

The Washington Trust Company, a financial service company, expanded its Connecticut presence with the opening of a commercial lending office adjacent to its Washington Trust Wealth Management office. read more

NOV 23, 2022 - 7:10 am

According to Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), new business volume in the equipment finance industry for October was $11.3 billion, up 6% year-over-year from new business volume in October 2021. read more

NOV 22, 2022 - 7:23 am

Verdant Commercial Capital completed the first ever on-bill repayment agreement for California’s GoGreen Business Energy Financing program. read more

NOV 22, 2022 - 7:22 am

Liberty Commercial Finance rebranded as Wingspire Equipment Finance, adopted a new logo and redesigned its website as it integrates with parent company Wingspire Capital, which acquired Liberty earlier this year. read more

NOV 22, 2022 - 7:17 am

Alta Equipment Group, owner and operator of an equipment dealership platform in North America, launched Alta eMobility, a new business segment formed to handle every step in converting truck fleets and heavy equipment to electric power. read more

NOV 21, 2022 - 7:18 am

CIT’s real estate finance business provided $34 million in financing for a joint venture between i.Park and Great Point Media for the development of Lionsgate Warburton Studios, an entertainment production facility in Yonkers, NY. read more

NOV 21, 2022 - 7:16 am

Penske Truck Leasing opened a state-of-the-art facility in Akron, OH. The new facility is Penske's first-ever full-service rental and leasing facility that is leadership in energy and environmental design (LEED) certified. read more

NOV 21, 2022 - 7:12 am

Monitor, a source of news and content for the equipment finance industry, opened early bird registration for its 50th Anniversary Celebration, which will be held in Philadelphia June 14-15, 2023. read more

NOV 18, 2022 - 7:02 am

Accord Financial united all U.S. commercial financing programs under one umbrella. Jim Hogan will lead the newly united commercial team at Accord as president of U.S. commercial, while Marcel Borg joined the team as vice president of national sales for equipment finance. read more

NOV 18, 2022 - 7:01 am

The power and energy business of CIT, a division of First Citizens Bank, served as lead arranger on $419 million in financing for the acquisition of the Broad River power generation facility in Gaffney, SC. read more

NOV 18, 2022 - 6:57 am

DLL received the 2022 Vendor Finance Provider and Best ESG/Sustainability Initiative of the Year awards from Leasing Life, a leasing industry journal in Europe, during the Leasing Life Conference & Awards event in Paris. read more

NOV 17, 2022 - 7:23 am