According to Wells Fargo’s 2022 construction industry forecast, there is renewed optimism among nonresidential contractors and distributors for increasing profits and new equipment sales in the year ahead. read more

JAN 19, 2022 - 6:23 am

LeasePoint Funding Group provided more than $50 million in new medical equipment funding in 2021, marking a 200% increase compared with 2020. The company expects its sales and operations teams to double in size during Q1/22. read more

JAN 19, 2022 - 6:20 am

Orion First, a commercial loan and lease portfolio servicer, has surpassed $3 billion in assets under management since its founding in 2001. This milestone comes after the company reached its previous benchmark of $2 billion in 2020. read more

JAN 19, 2022 - 6:17 am

During 2021, AerCap raised long-term funding of approximately $30.5 billion, including $24 billion in Q4/21 to finance its acquisition of GECAS. AerCap also signed 311 lease agreements, completed 65 purchases and executed 62 sale transactions during the year. read more

JAN 18, 2022 - 6:40 am

According to the Equipment Leasing and Finance Association, changes in commercial disclosure requirements in California and New York are expected to take effect in 2022 that will have a significant impact on the commercial equipment leasing and finance sector. read more

JAN 18, 2022 - 6:39 am

The Certified Lease & Finance Professional Foundation reported that 14 individuals recently passed the eight-hour, online-proctored CLFP exam. There are currently 1,097 active CLFPs and associates in the United States (including Puerto Rico), Canada, India, Africa and Australia. read more

JAN 18, 2022 - 6:37 am

Commercial Fleet Financing provided a company record $196.466 million in funding in 2021, funding 2,357 transactions with an average transaction size of $83,300. read more

JAN 18, 2022 - 6:36 am

Crestmark Equipment Finance provided $34,752,249 in 35 new transactions and Crestmark Vendor Finance provided $11,852,158 in 116 new transactions during December 2021. read more

JAN 18, 2022 - 6:35 am

Big Shoulders Capital provided a $1.5 million equipment term loan to a Utah-based resort developer. The loan was secured by the developer’s fleet of construction equipment. read more

JAN 18, 2022 - 6:34 am

Great Place to Work certified Dakota Financial as a Great Place to Work. This year, Dakota employees rated Dakota Financial 98% out of 100% on the Best Small & Medium workplaces survey. read more

JAN 14, 2022 - 5:40 am

Regents Capital, a provider of equipment leasing and financing solutions, closed a $25 million investment grade rated corporate note financing provided by a consortium of institutional investors. read more

JAN 13, 2022 - 6:00 am

ENGS Commercial Finance, a member of Mitsubishi HC Capital Group, completed an integration with Box, a provider of cloud content management, in an attempt to elevate its back-office system for securely managing customer account records. read more

JAN 13, 2022 - 5:50 am

JetLoan Capital, an independent aviation and marine finance brokerage firm, arranged loan funding totaling $147 million for 63 aircraft and yachts in 2021. read more

JAN 13, 2022 - 5:45 am

In 2021, five asset finance businesses selected SuperTRUMP, Ivory Consulting’s solution for modeling and pricing leases and loans, with two of those customers choosing SuperTRUMP for Salesforce, which interconnects pricing operations throughout the Salesforce ecosystem. read more

JAN 13, 2022 - 5:40 am

CIT’s aerospace, defense and government businesses provided financing for seven leased helicopters managed by Thora Capital. The helicopters, which are used for emergency medical transport services, are on long-term lease to Apollo Medflight. read more

JAN 13, 2022 - 5:35 am