Industry

DLL’s Tech Solutions Global Business Unit Expands Partnership with One Tree Planted

DLL expanded its partnership with Vermont-based 501(c)(3) nonprofit One Tree Planted. Through the partnership, DLL’s tech solutions global business unit will plant one tree for every financing agreement signed electronically during 2022. read more

Encina Equipment Finance Provides $15MM Equipment Lease Line to Online Retailer

Encina Equipment Finance provided $15 million in incremental lease financing to an online retailer of printed products and specialized gifts for the sale-leaseback of manufacturing equipment and to support new capital expenditures. read more

ELFA: New Business Volume in Equipment Finance Falls 4% Y/Y in February

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for February was $7.1 billion, down 4% year over year from new business volume in February 2021. read more

KLC Financial Implements Tamarack Technology’s Artificial Intelligence Platform

KLC Financial implemented Tamarack.ai, an artificial intelligence platform from Tamarack Technology. KLC Financial will use the fully-integrated AI tool to increase the efficiency and accuracy of its decision-making. read more

Leasepath Partners with IDology to Enhance Data-Driven Decision Making

Leasepath, a cloud-first intelligence workplace finance origination and customer engagement platform for the asset finance industry, entered into a partnership with IDology, a GBG company and provider of digital identification, verification and authentication services. read more

DLL Wins Vendor Finance Provider and Digital Innovation Awards

DLL won the 2021 vendor finance provider award and digital innovation award from Leasing Life, a leasing industry journal in Europe, at the 17th Leasing Life Conference and Awards in Barcelona. read more

Equipment Finance’s STRIPES Leadership Program Joins NEFA Summit

STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within the equipment finance industry in partnership with Monitor, will be hosting an educational session at this year’s National Equipment Finance Association Summit. read more

FinTech Breakthrough Names QuickFi Best Overall LendTech Company

FinTech Breakthrough selected QuickFi by Innovation Finance USA as the winner of the “Best Overall LendTech Company” award in the sixth annual FinTech Breakthrough Awards program. read more

Strong Turnout Expected at ELFA’s Funding Conference After Hiatus

The Equipment Leasing and Finance Association’s National Funding Conference is returning in 2022 after a two-year hiatus, and interest in the event is running high, according to the ELFA, which reported that more than 550 equipment finance leaders have already registered for the conference. read more

Equipment Finance’s STRIPES Leadership Program Launches Cohort II

STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within the equipment finance industry in partnership with Monitor, launched its second cohort of participants on March 1. read more

Equipment Finance Industry Confidence Continues Recent Slide in March

According to the Equipment Leasing & Finance Foundation, overall confidence in the equipment finance market is 58.2 this month, easing from the February reading of 61.8. The ELFF’s confidence metric has now declined in four straight months. read more

Encina Equipment Finance Provides $30MM Equipment Lease Line to Health Care Provider

Encina Equipment Finance provided a $30 million equipment lease line to a healthcare provider. The transaction was structured as a sale-leaseback of medical equipment. read more

Boston Financial & Equity Provides Lease Transactions to Trio of Women-Owned Businesses

Boston Financial & Equity is celebrating Women's History Month by announcing that three of its last four lease transactions were provided to women-owned and run startup companies, including a $500,000 lease with a pharmaceuticals company on the West Coast. read more

Crestmark Equipment Finance Provides More Than $27MM in H2/Feb

Crestmark Equipment Finance provided $27,844,322 in 26 new transactions and Crestmark Vendor Finance provided $2,624,820 in 25 new small-ticket vendor transactions in the second half of February. read more

Willis Lease Finance Reports 5% Decrease in Total Revenue for 2021

Willis Lease Finance reported total revenue of $274.2 million in 2021, a 5% decrease when compared with the $288.7 million the company recorded in 2020. read more

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