Of Interest

Ritchie Bros. Sells 12,300+ items in Edmonton, AB auction

Ritchie Bros. sold over 12,300 equipment items and trucks for CA$207+ million ($154+ million) during its massive five-day auction in Edmonton, AB. read more

Balboa Launches Contest to Celebrate National Small Business Week

Direct lender Balboa Capital will celebrate National Small Business Week by inviting small business owners to participate in the company’s “What’s the Big Idea?” contest and by providing them with access to helpful tips and resources. read more

Introducing the New Monitor 100

The Annual Monitor 100 is coming in June, and it’s better than ever, including new design, new content and new advertising opportunities! read more

LTi Opens Registration for 2019 Users Conference

Equipment leasing and finance software provider LTi Technology Solutions opened registration for its 2019 Annual User Conference. This years’ theme, “Take the Lead,” is designed to support finding solutions to key pain points experienced in the equipment finance industry. read more

Efma White Paper Covers Potential of SME Ecosystem

Efma’s latest digest, titled “SME Banking: Cracking the Small Business Ecosystem,” highlights key areas of focus that will help banks position themselves as the right partner for small and medium-sized enterprises. read more

Onset Financial’s Finlinson Named Corporate Counsel Honoree

Utah Business named OnSet Financial’s general counsel Scott Finlinson a Corporate Counsel Honoree. The awards honor Utah’s standout corporate counsel for the critical roles they play in making their companies successful. read more

Conference Board: Strong Q1/2019 Obscures Signs of Slower Economy

The U.S. Bureau of Economic Analysis reported 3.2% annualized growth in real Gross Domestic Product for Q1/2019. But based on the slowing trend in consumption and non-residential investment growth, the U.S. economy is expected to grow only at 2.5% in Q2, according to The Conference Board. read more

Edmunds: Truck Sales to Prop Up New Vehicle Market in April

The car shopping experts at Edmunds forecast that 1,357,024 new cars and trucks will be sold in the U.S. in April for an estimated seasonally adjusted annual rate of 16.8 million. This reflects a 16.2% decrease in sales from March 2019 but a 0.3% increase from April 2018. read more

Penske Opens New Commercial Electric Truck Chargers in SoCal

Delivering on its commitment to develop electric vehicle charging infrastructure at its facilities, Penske Truck Leasing has opened commercial heavy-duty electric vehicle charging stations with 14 high-speed chargers in Southern California. read more

Tiger Group, Liquidity Services to Auction Off Terra Nova Fleet

Tiger Group and Liquidity Services will conduct an online-only auction of a large fleet of truck tractors, dry van trailers, refrigerated units, pickup trucks, dollies, forklifts and other support and shop equipment formerly owned by Terra Nova Transport. read more

QuickBridge Releases Traditional vs. Alternative Lenders White Paper

Financial services firm QuickBridge has released a white paper to provide business owners with a new educational resource: “Traditional vs. Alternative Lenders: What to Expect in the Lending Process.” read more

Ritchie Bros. Sells $47MM+ in Equipment at Houston Auction

At its second Houston auction of the year, Ritchie Bros. sold over 4,400 equipment items over two days for more than $47 million. read more

Ritchie Bros.’ to Sell 10,900+ Items in Annual Canadian Auction

From April 30 through May 4 in Edmonton, Canada, Ritchie Bros. will host its annual spring auction, featuring equipment from hundreds of companies across Western Canada. read more

GM Talks With Amazon-Backed Electric Truckmaker Stall

Bloomberg reported talks between General Motors and electric-vehicle startup Rivian Automotive about the largest U.S. carmaker buying an equity stake have reached a stalemate. read more

CIBC Provides Parchment with $7MM Growth Capital Financing

CIBC Innovation Banking has closed a $7 million growth capital financing for Parchment a company that digitizes and distributes education credential records, ranging from K-12, colleges and universities, to trade schools. read more

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Terry Mulreany
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