Industry

Ritchie Bros. Reports Equipment Pricing Increases From April to June

According to Ritchie Bros.’ July market trends report, mix-adjusted price indexes (for April to June) showed prices for used large and medium earthmoving categories were up 15% and 20% year over year, respectively, while aerial equipment was up 18% in the United States. read more

Rinaldi Interviews Zeihan on Future Forecasts in New Leasing Avenues Video Blog

Bob Rinaldi, president of Rinaldi Advisory Services, released a new interview with New York Times best-selling author Peter Zeihan in which they discuss Zeihan’s forecast for the future in his new book, The End of the World Is Just the Beginning. read more

North Mill Implements Enhancements to Rate Card Program

North Mill Equipment Finance implemented major enhancements to its pricing scheme, simplifying its buy rate structure and connecting each price point directly to the credit parameters company analysts use to assess each transaction. read more

AerCap Cargo Signs Lease Agreements with GOL for 6 Boeing Converted Freighters

AerCap Holdings signed lease agreements with GOL for the lease of six 737-800 Boeing Converted Freighter aircraft, three of which are scheduled to deliver to GOL in 2022, with the remaining three delivering in 2023. read more

2022 ELFA SEFA Reveals New Business Volume Increased 7.4% in 2021

New business volume increased 7.4% in 2021, according to the 2022 Survey of Equipment Finance Activity released by the Equipment Leasing and Finance Association. read more

CLFP Foundation Adds 16 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation added 16 individual new CLFPs that have passed the eight-hour online proctored CLFP exam. read more

Stonebriar Commercial Finance Funds $30MM Lease to Support an Existing Customer

Stonebriar Commercial Finance funded an additional $30 million lease with one of its long-standing customers, the third transaction provided for this customer since 2016. The lease proceeds were used to acquire new equipment to expand production capabilities. read more

Moritt Hock & Hamroff Hires Dworkin and Maitra as Associates

Marshall O. Dworkin and Rohan Maitra have joined the law firm of Moritt Hock & Hamroff as associates. Dworkin has joined the firm's litigation practice group, resident in the New York City office. Maitra has joined the firm's secured lending and finance practice group, resident in the New York City office. read more

Stonebriar Provides $77MM Purchase and TRAC Leaseback to Waste Transport Provider

Stonebriar Commercial Finance closed a $77 million TRAC lease with a premier long-haul waste transportation provider serving a broad range of commercial waste management companies. read more

CoBank Quarterly Outlines Gathering Economic Clouds

According to a new quarterly report from CoBank’s Knowledge Exchange, after more than two years, Covid-related supply chain complications are finally easing and various metrics indicate improvements to supply chain performance both domestically and globally. read more

EZLease Launches Free, Full-Function Lease Accounting Solution

EZLease, a lease accounting software company, completed its free, full-function offering for private and government organizations managing small lease portfolios. read more

ELFF Forecasts 5.9% Growth in 2022 Equipment and Software Investment

The 22 Equipment Leasing & Finance U.S. Economic Outlook, released by the Equipment Leasing & Finance Foundation, forecasted equipment and software investment growth of 5.9% in 2022, while annualized GDP growth is expected to slow to 1.6% this year. read more

Great American Insurance Group and Econolease Implement API Technology

Great American Insurance Group and Econolease Financial Services embedded their insurance program using APIs, giving real-time access to coverage when needed. read more

KKR Closes $2.1B Asset-Based Finance Fund

KKR, a global investment firm, closed KKR Asset-Based Finance Partners (ABFP), KKR’s first fund of approximately $2.1 billion dedicated to asset-based finance investments. read more

Daimler Truck Financial Services Partners with Zoot Enterprises

Daimler Truck Financial Services USA partnered with Zoot Enterprises, which provides the technology necessary to offer data-driven, innovative solutions like dynamic leasing and specialized financing for the commercial vehicle industry. read more

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