According to a survey from Cerebro Capital, 76% of non-bank lenders expect loan demand to surge over the coming months as borrowers leave commercial banks in search of relaxed covenants and flexible loan structures. read more

NOV 18, 2020 - 7:13 am

Ritchie Bros. is accepting consignments for its six-day Orlando, FL, auction, which will be held from Feb. 15-20, 2021. read more

NOV 17, 2020 - 6:29 am

Adaptec Solutions acquired Memphis, TN-based Integrated Solutions, a supplier of custom engineered to order material handling equipment with experience in complex conveyor solutions. read more

NOV 16, 2020 - 7:01 am

During its Nov. 10-11 online auction in Houston, Ritchie Bros. experienced a 39% year-over-year increase in bidder registrations while selling more than $53 million in used equipment. read more

NOV 13, 2020 - 7:07 am

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, issued $500 million of senior unsecured notes in a Regulation S (Category 2) bond offering. read more

NOV 13, 2020 - 7:04 am

In a panel at ELFA 2020 Business LIVE!, panelists addressed the acceleration of technological change in the equipment finance industry and explored where equipment finance companies should invest their time, energy and dollars. read more

NOV 12, 2020 - 7:29 am

In its November market trends report, Ritchie Bros. reported that over the past three years, the company has sold more than 15,000 forklifts in the U.S. for $99 million, including more than 1,500 sold for $10 million in Q3/20 alone. read more

NOV 12, 2020 - 7:17 am

CF Software Solutions released CFLend, its first commercial desktop software program for lenders and lessors. CFLend is available for download from the Microsoft Store and is free to users for the first year. read more

NOV 12, 2020 - 7:10 am

Monitor will reschedule the livestream, “Racial Equity in EF: Addressing Barriers to Representation & Inclusion” that was scheduled for Thursday, Nov. 12 to ensure that the event achieves maximum impact. read more

NOV 11, 2020 - 7:13 am

Total U.S. bankruptcy filings in October decreased 41% from last year, according to data provided by Epiq Systems. Commercial Chapter 11 filings increased slightly, with the 550 filings in October 2020 up 4% over the 530 recorded in October 2019. read more

NOV 10, 2020 - 7:20 am

Kroll Bond Rating Agency reaffirmed an investment grade rating for Flushing Financial and Flushing Bank. Flushing Financial and Flushing Bank received ratings of BBB/K3 and BBB+/K2, respectively. read more

NOV 9, 2020 - 7:31 am

Volvo Trucks will offer a complete heavy-duty range with electric drivelines starting in Europe in 2021. In North America, sales of the Volvo VNR Electric, a truck for regional transport, will start on Dec. 3, 2020. read more

NOV 6, 2020 - 7:20 am

U.S. News & World Report and Best Lawyers ranked Moritt Hock & Hamroff nationally in one practice area and regionally in another in the 11th annual U.S. News-Best Lawyers "Best Law Firms" list. read more

NOV 6, 2020 - 7:18 am

The Financial Accounting Standards Board appointed James Rotherham to its small business advisory committee. Rotherham is an audit partner with Baker Tilly in San Diego. read more

NOV 6, 2020 - 7:16 am

In September, the PayNet Small Business Lending Index increased 12 points (9.1%) to 143.9 and is now 2.9% above its year-ago level. On Main Street, the NFIB Uncertainty Index increased to its second-highest reading in the series’ 46-year history. read more

NOV 5, 2020 - 7:12 am