U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report. read more
APR 26, 2024 - 6:37 am
SLR Equipment Finance hired Douglas Slagle as senior vice president of direct sales. In his role, Slagle will help grow SLR Equipment Finance’s leasing and lending activities in California, Oregon, Washington, Idaho, Nevada, Arizona, Utah, Wyoming, Montana and Alaska. read more
APR 26, 2024 - 6:37 am
Tamarack Technology reached a significant milestone with its Tamarack AI Product Suite. As of April 2024, the company's equipment finance customers are using its software-as-a-service products to manage more than 50,000 contracts with combined contract balance receivables of more than $5 billion. read more
APR 26, 2024 - 6:37 am
According to Mitsubishi HC Capital America, the top factors when considering adopting robotics-as-a-service include cost management, technical expertise, access to the latest technology, the ability to monetize RaaS contracts, flexibility, and bundling updates and support. read more
APR 26, 2024 - 6:37 am
Commercial solar loan platform Sunstone Credit is partnering with M&T Bank on a program to provide businesses access to solar financing. read more
APR 26, 2024 - 6:36 am
Law firm Stradley Ronon launched an office in Southern California, marking the firm’s ninth office and first on the West Coast. The office, which is located in Long Beach, CA, will be led by partner-in-charge Esther E. Cho, who previously served as chair of Keesal, Young & Logan’s executive committee. read more
APR 26, 2024 - 6:34 am
Business First Bancshares, the holding company for b1BANK, entered into a definitive agreement to acquire Oakwood Bancshares and its wholly-owned bank subsidiary, Oakwood Bank, in an all-stock transaction for total consideration value of approximately $85.7 million. read more
APR 26, 2024 - 6:33 am
The Equipment Leasing & Finance Foundation released its Q2/24 Equipment Leasing & Finance Industry Snapshot, with the report predicting 2.3% economic growth in the U.S. in 2024, as well as a potentially consumer spending slowdown and sluggish global economic growth. read more
APR 25, 2024 - 6:57 am
Wingspire Equipment Finance provided a $25 million equipment leasing commitment to a global automotive supplier to support its growth and capital expenditure initiatives. read more
APR 25, 2024 - 6:57 am
Odessa, a software and technology provider for the lending and leasing industry, launched an auto finance originations platform, the first part of Odessa Auto, an end-to-end auto finance suite. read more
APR 25, 2024 - 6:55 am
Boston Financial & Equity recently closed a lease for $600,000 for a healthcare technology service company that provides a service that monitors patients that have been released from a point of care. read more
APR 25, 2024 - 6:53 am
Freight demand is nearing an upturn as growing goods spending, a turning inventory cycle and rising industrial production will add to freight demand this year, according to ACT Research, which projected that after a two-year downturn, the upturn is likely to being within the next few months. read more
APR 25, 2024 - 6:53 am
Katerina Jones, the chief marketing officer of Fleet Advantage, was honored with the National Private Truck Council’s Excellence in Membership Award at the organization’s 2024 annual conference and exhibition. read more
APR 25, 2024 - 6:53 am
CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, signed new lease agreements for a fleet of an additional seven narrowbody and widebody aircraft with existing customer Turkish Airlines, the flag carrier of Türkiye. read more
APR 25, 2024 - 6:50 am
IronTrax shared insights on the construction industry for Q1/24, focusing on several topics that pertain to the industry as a whole, including an industry outlook for 2024, the anticipated plunge in office real estate values, a surge in job openings, the record-high share price achieved by Caterpillar and a summary of trends in used equipment values. read more
APR 24, 2024 - 6:44 am