News

First Financial Hires Hardy as Regional Vice President

First Financial Corporate Services, an independent provider of equipment leasing in the material handling and automation industry, hired Elise Hardy as regional vice president of sales. read more

SunTrust Equipment Finance & Leasing Adds Annello to Originations Team

Frank Annello was named director - originations for Suntrust Equipment Finance & Leasing and will be responsible for covering corporate and commercial banking clients in the Southwest region. read more

Americorp Financial Adds National Accounts Development Director

Americorp Financial hired industry veteran Keith Hachey to serve as national accounts development director. Hachey previously worked for Sanwa Leasing, Banc of America Leasing and Lease Corporation of America. read more

Ritchie Bros. Acquires OK-Based Collector Car Auctioneer

Ritchie Bros. acquired Leake Auction, an Oklahoma-based collector car auctioneer, established in 1972. read more

Transport Topics: December Class 8 Retail Sales Rise 43% Y/Y

Transport Topics, citing data from WardsAuto.com, reported a 43% increase in U.S. class 8 retail sales in December 2017 compared to the same month in 2016. read more

Heavy Construction Equipment Market Worth $90.4 Billion by 2025

The global heavy construction equipment market is expected to reach $90.4 billion by 2025 at a CAGR of 5.4%, according to a report by Grand View Research.  read more

First National Capital Reports Record $70.1MM in Q4 Fundings

First National Capital, a full-service commercial equipment and aviation finance provider, reported record fundings of $70.1 million in Q4/17. read more

Wintrust Franchise Finance Co-Lender in WKS Acquisition Deal

According to Nation’s Restaurant News, Wintrust Franchise Finance served as a lead co-lender on a deal in which Pennant Foods was acquired by WKS Restaurant Group. read more

O’Brien Appointed Invigors EMEA Network Member for Ireland

Asset finance consulting and services partnership Invigors EMEA, the European arm of The Alta Group, appointed Kieran O’Brien network member for Ireland. read more

TD Franchise Finance Closes Deal to Support Acquisition of 15 Wendy’s

TD Bank's Restaurant Franchise Finance Group closed $26.5 million in financing for Gold Coast Holdings Restaurants to support the acquisition of 15 Wendy’s locations in Florida. read more

China’s HNA Group Delaying Payments to Aircraft Lessors

Reuters reported the delay of lease payments from several airlines that are connected to HNA Group to lessors and the Export-Import Bank of China. read more

December Trailer Orders Reach Second Highest Monthly Volume in History

ACT Research reported a preliminary estimate of 45,200 for net trailer orders in December 2017. read more

Embraer Delivers 210 Jets in 2017, Meets Projections

Embraer delivered a total of 210 jets in 2017, of which 101 were commercial aircraft and 109 were executive jets (72 light and 37 large). read more

Global Equipment Rental Market to Grow 3.26% by 2021

According to a report from Research and Markets, the global equipment rental market will grow at a CAGR of 3.26% from 2017 to 2021. read more

CG Commercial Finance Adds Petrucci as SVP, Credit Manager

Richard Petrucci joined CG Commercial Finance in the role of senior vice president, credit manager. Prior to joining CG, Petrucci was a senior manager at NXT Capital Equipment Finance. read more

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