Industry

Leasepath and ConnectedFi Partner to Connect Brokers and Funders

Leasepath, an equipment leasing software solutions provider, is partnering with ConnectedFi, a UK-based broker-to-funder deal exchange solution for the asset finance industry, to connect brokers and funders. read more

Air Lease Delivers 8 Aircraft in Q1/22, Terminates Leases in Russia

In Q1/22, Air Lease delivered eight new aircraft from its orderbook. In addition, in March, Air Lease terminated leases for all aircraft on lease to Russian airline customers.  read more

SLR Equipment Finance Hires Harke as VP of Business Development

Erik Harke joined SLR Equipment Finance as vice president of business development. Harke will help grow SLR Equipment Finance’s leasing and lending activities in the West Coast region of the United States. read more

Firstrust Bank Combines Equipment Financing and Mortgage Lending Businesses

Firstrust Bank merged its subsidiaries, Apex Mortgage, a commercial mortgage lender, and Firstlease, a provider of equipment financing, under the new name of Apex Commercial Capital. read more

Equipment Finance Industry Performance During COVID-19 ‘Better Than Expected’

According to a new study from the Equipment Leasing & Finance Foundation, the equipment finance industry has performed considerably better than expected during the COVID-19 pandemic due to factors such as increased availability of capital. read more

Element Fleet Management Selects Syndifi as Equipment Finance Syndication Platform

Element Fleet Management became Syndifi’s newest onboarded client. Element Fleet Management will use Syndifi’s platform to digitize its overall loan syndication processes. read more

AP Equipment Financing Sets Company Record for Funding in Q1/22

AP Equipment Financing funded a company record $63.5 million in Q1/22, marking a 50% year-over-year increase from Q1/21. The company funded 906 transactions in Q1/22 with an average transaction size of $70,040.   read more

Avolon Executes 54 Lease Transactions in Q1/22, Terminates Leasing Agreements in Russia

Avolon executed 54 lease transactions in Q1/22. In addition, prior to Feb. 27, Avolon had 14 owned narrowbody aircraft and two managed narrowbody aircraft on lease to Russian lessees. Avolon terminated the leasing of these aircraft in line with EU sanction requirements. read more

Channel’s Blakely-Cook, Brockman and Knobbe Earn CLFP Designation

Three team members at Channel recently passed the eight-hour online Certified Lease & Finance Professional exam, including Jean Blakely-Cook, Jodi Brockman and Joe Knobbe.  read more

MidCap Increases Credit Facility with Wells Fargo to Support New Equipment Finance Business

MidCap Business Credit increased its senior credit facility with Wells Fargo Capital Finance to $200 million. This upsize will enable MidCap to support the growth of its existing asset-based lending business and support the launch of its equipment finance vertical. read more

Star Hill Financial Reports Company Record for Funding in Q1/22

Star Hill Financial, a certified Women Business Enterprise based in Fairfield, CT, reported a company record of more than $26 million in funding during Q1/22 across its equipment finance and franchise finance divisions. read more

Eqpme Chooses Great American Insurance to Offer Rental Equipment Protection  

Eqpme, an online heavy equipment rental marketplace, launched an equipment damage protection program for equipment rental customers. Great American Insurance Group will underwrite the program. read more

36th Street Capital Selects Syndifi as Equipment Finance Syndication Platform

36th Street Capital became Syndifi’s newest onboarded client. 36th Street Capital will use Syndifi’s platform to digitize its overall loan syndication processes. read more

Dominion Leasing Software Partners with FNCB Bank and 1st Equipment Finance 

FNCB Bank selected Dominion Leasing Software to partner on the launch of 1st Equipment Finance, a new equipment financing solution offered by the bank.   read more

South Florida Business Journal Names Fleet Advantage’s Jones a 2022 Influential Business Woman

The South Florida Business Journal named Katerina Jones, vice president of marketing and business development at Fleet Advantage, a 2022 Influential Business Woman. read more

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