News

Brown Joins First Financial as VP/Regional Sales Manager

Kristin L. Brown joined First Financial Corporate Services as regional vice president of Sales. Brown will be responsible for managing a new office located in Pensacola, FL. read more

CALC Total Revenue Tops $205.4MM in H1/2018

China Aircraft Leasing Group (CALC), a full value-chain aircraft solutions provider for global airlines, released its financial results for the first six months of 2018, ending on June 30. read more

CAM Integrated Solutions Forms CAM Process Technologies

CAM Integrated Solutions launched a fabrication entity, CAM Process Technologies. read more

Global Commercial Aircraft Leasing Market CAGR Expected to Accelerate

According to the latest market research report released by Technavio, the global commercial aircraft market is expected to accelerate at a CAGR of over 6% during the 2019-2022 forecast period. read more

DLL Whitepaper Explores Organizational Elements of Refurbishment Business

DLL published a whitepaper that dove into the organizational implications of starting refurbishment business and deepened the understanding of its concept. read more

ACT: Downward Pricing Pressure Expected in Year-End Used Class 8 Sales

The average price of total used Class 8 trucks in July was virtually flat, down 1%, on a month-over-month basis, according to the latest release from ACT Research. read more

Seacoast Commerce Hires Jung as SVP, SBA/BDO

Seacoast Commerce Bank hired Jay Jung as senior vice president and Small Business Administration business development officer in Dallas. read more

Bridge Funding Group Hires Three Equipment Leasing Specialists

Bridge Funding Group hired three new equipment leasing and finance specialists to help grow the company’s presence in the Northeast, Mid-Atlantic and Southeast regions. read more

Hooks Joins ENGS in Transportation Finance Division

Anthony Hooks joined ENGS Commercial Finance as business development manager in its Transportation Finance division. read more

Escorts, Japan’s Tadano Ink JV to Make High Capacity Mobile Cranes

Farm and construction equipment maker Escorts plans to set up a joint venture with Tadano to manufacturer rough terrain and truck mounted cranes in Japan. read more

Liberty Commercial Finance Adds Rockhold as SVP/Credit & Capital Markets

Liberty Commercial Finance hired Rick Rockhold as senior vice president of Credit and Capital Markets, continuing the growth of its senior management team. read more

Morgan Lewis Expands Structured Transactions Practice with New Partners

Morgan Lewis expanded its structured transactions capabilities with the addition of partners Jeff Weinstein and Partrick Lample in Chicago. read more

NY Supreme Court Denies Capital One EF Motion to Collect $33.7MM Medallion Loans

The New York Supreme Court denied Capital One Equipment Finance’s motion to recover payment on 22 taxi-medallion loans totaling $33.7 million, for lack of time in discovery in consideration of the issues that have been raised regarding the accuracy and reliability of the loan summaries and payment histories. read more

Madison Street Names New Managing Director, Capital Markets

Lawrence Alioto joined Madison Street Capital as a managing director on its Capital Markets team. read more

Bloomberg: Fed Rate Increases No Longer Look Certain

Fed officials interviewed last week reinforced the notion the Fed will raise rates in September and Decembers. However, judging from a headline speech by Chairman Jerome Powell, Bloomberg notes this path may be far from certain. read more

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