RumbleOn, a technology-based omnichannel powersports platform, entered into a $75 million used powersports inventory financing credit facility with J.P. Morgan. read more

OCT 27, 2022 - 7:13 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), new business volume for September was $10.2 billion, up 11% year over year from new business volume in September 2021. read more

OCT 26, 2022 - 7:19 am

Reliant Capital financed more than $50 million in equipment volume in Q3/22, bringing a 250% increase in year-over-year growth. read more

OCT 26, 2022 - 7:18 am

LeasePoint Funding Group generated more than $35 million in originations during Q3/22, marking a 300% increase compared to the same period last year. Four new team members helped facilitate the Q3 increase. read more

OCT 26, 2022 - 7:14 am

Citizens' Business Conditions Index rose to 56.1 in Q3/22, regaining momentum after a drop in Q2 economic sentiment prompted by inflation concerns. Q3’s score extends the index’s streak to eight straight quarters above 50, indicating continued growth conditions for businesses. read more

OCT 26, 2022 - 7:10 am

MMP Capital exceeded $75 million in funding for customers in both Q2/22 and Q3/22 alone has funded more than $200 million in 20222 overall.  read more

OCT 25, 2022 - 7:19 am

Trustmark National Bank, a wholly-owned subsidiary of Trustmark, selected Ivory Consulting's SuperTRUMP as its pricing tool for its new equipment finance division. read more

OCT 25, 2022 - 7:17 am

The Certified Lease & Finance Professional Foundation reported that 25 individuals recently passed the eight-hour online proctored CLFP exam to earn their CLFP designation. read more

OCT 24, 2022 - 7:25 am

Encina Equipment Finance provided a $15 million lease line to a North American supply chain services company to finance new tractors and trailers. read more

OCT 24, 2022 - 7:21 am

Due to demand for used vehicles, Penske Truck Rental increased the footprint of its network of used truck centers with four recently opened locations in Kansas City, MO; Chicago; Miami; and Tampa, FL. read more

OCT 24, 2022 - 7:13 am

GreatAmerica Financial Services launched a new philanthropic fund directed by its employees. The new employee advised fund is in addition to the GreatAmerica Donor Advised Fund. It is expected to provide more than $1 million to projects in Cedar Rapids, IA. and Iowa City, IA. read more

OCT 21, 2022 - 7:19 am

SR Alternative Credit, formerly Old Hill Partners, provided a one-year, $10 million senior secured term loan to a company that acquires and leases standard 20- and 40-foot shipping containers, among other transportation equipment. read more

OCT 21, 2022 - 7:04 am

The Equipment Leasing & Finance Foundation released the October 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 45, a decrease from the Sept. index of 48.7. read more

OCT 20, 2022 - 7:13 am

Ritchie Bros.’ October Market Trends Report reported on sales of key aerial equipment categories in North America, specifically boom lifts, scissor lifts and telehandlers. read more

OCT 20, 2022 - 7:06 am

Siena Lending Group completed a $50 million asset-based revolving line of credit to MD Helicopters, a manufacturer of high-performance rotorcraft solutions that support operators flying military, commercial, law enforcement, utility and VIP mission profiles. read more

OCT 19, 2022 - 7:06 am