Of Interest

North American Railcar Leasing Market to Grow 9.01% by 2021

According to new research from Market Reports World, the railcar leasing market in North America is expected to grow at a CAGR of 9.01% from 2017 to 2021. read more

EquipmentWatch API Launched for Heavy Equipment

EquipmentWatch, a provider of data, software and insights for the heavy equipment industry, unveiled the EquipmentWatch API. read more

Reuters: Kabbage Raising Money for Acquisitions

Reuters reported online lender Kabbage is in talks to raise equity funding that could be used for acquisitions. OnDeck was named as a possible target. read more

Cloud Lending Solutions Closes Most Recent Financing Round

Cloud Lending Solutions closed its latest financing round led by Cota Capital, with all existing investors participating. read more

TCF Financial Indirect Subsidiary Announces Executive Leadership Changes

Gateway One Lending & Finance appointed Todd A. Pierson as president and Andrew B. Sturm as executive vice president and chief operating officer. read more

CALC Member Company Aircraft Recycling International Acquires UAM

Aircraft Recycling International, a member company of China Aircraft Leasing Group, acquired a 100% equity interest in Universal Asset Management, a global aviation services providers based in Tennessee. read more

HIPOWER SYSTEMS Appoints Johnston to Lead Sales in Central Region

HIPOWER SYSTEMS, a manufacturer of power generation and power distribution equipment in the U.S. and Canada, hired Todd Johnston as its business regional sales manager for the Central Region. read more

Mobile Phone Leasing Company Secures $50MM Financing Agreement

SmartPay Leasing, a provider of mobile device consumer leasing, secured $50 million in senior secured credit from a new financing partner. read more

U.S. Rig Count Up 212 Y/Y in February

Baker Hughes reported the international rig count for February 2017 was 941, including an average U.S. rig count of 7444, up 61 from the 683 counted in January 2017 and up 212 from the 532 counted in February 2016. read more

LeasePlan Unveils Enhancements to Online Fleet Management Platform

LeasePlan USA is bringing new enhancements to ePlan, its online fleet management tool, in order to improve analytics and driver experience. read more

Kroll Names Hesser Head of Financial Institutions Group

Van Hesser will now assume responsibility as head of the Financial Institutions group for Kroll Bond Rating Agency in addition to his current role as head of Corporates. read more

NetSol to Deploy Mobile Origination/Approval for Indonesian Company

NetSol Technologies signed an agreement for its mobile origination (point of sale) system with PT. Mizuho Balimor Finance in Indonesia. read more

Fed Raises Interest Rates Second Time in Three Months

The Federal Reserve raised its benchmark rate for the second time in three months, this time to a range between 0.75% and 1%. read more

Renault-Nissan Alliance Forms Light Commercial Vehicle Business Unit

The Renault-Nissan Alliance is creating a light commercial vehicle business unit to expand its global presence. Ashwani Gupta was appointed senior vice president of the unit, effective April 1. read more

Penske Truck Leasing Opens New Metro Cleveland Location

Penske Truck Leasing opened a transportation opportunity in Avon Lake, Ohio that will feature full-service truck leasing, commercial truck rental and contract fleet maintenance services. read more

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