News

Confidence in Equipment Finance Market Increases in July

According to the Equipment Leasing & Finance Foundation‘s July 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) , overall confidence in the equipment finance market is 46.4, an increase from the June index of 44.1. read more

Key Equipment Serves as Lead Arranger in $177.5MM Pasha Hawaii Financing Deal

Key Equipment Finance served as the lead arranger of a group syndication providing $177.5 million in financing for Pasha Hawaii’s second liquefied natural gas (LNG)-powered container ship, the MV Janet Marie. read more

QuickFi Named Finalist in 2 Categories at 2023 Finovate Awards

QuickFi by Innovation USA was named a finalist in the New York-based 2023 Finovate Awards in two categories: best embedded finance solution and best financial mobile app. read more

ELFA Webinar Details Info About NY’s Commercial Financing Disclosure Laws Taking Effect Aug. 1

The Equipment Leasing and Finance Association held a webinar on July 12 to educate members on new commercial financing disclosure laws taking effect in New York on Aug. 1 and their impact on the commercial equipment leasing and finance sector. read more

Republic First Bank Appoints Sanchez EVP and Chief People Officer

Republic First Bancorp, the parent company of Republic First Bank, appointed Linda Sanchez executive vice president and chief people officer. Sanchez previously served as chief people officer at Diversified Search Group and chief human resources officer at Bryn Mawr Trust. read more

The Middlefield Banking Company Expands Commercial Banking Team

The Middlefield Banking Company expanded by hiring Josh Riley as senior vice president and chief commercial market executive in central Ohio and Jerry Benko as senior vice president and chief commercial market executive in northeast Ohio. read more

Loeb Bolsters Teams by Hiring McClure and DelGuidice

Loeb hired Carolyn McClure and Matt DelGuidice to contribute to the company’s ongoing mission of supporting manufacturers and financial institutions throughout the equipment lifecycle. read more

GasTechno Introduces Equipment License-Lease Financing for Biogas Developers

GasTechno Energy & Fuels, a developer and manufacturer of single-step methane-to-methanol conversion plants, plans to introduce an equipment license-lease financing program. read more

ELFF Raises GDP Forecast to 1.6%, Drops Equipment Investment Expectations for 2023

The Equipment Leasing & Finance Foundation raised its annual U.S. GDP forecast to 1.6% but decreased its annual estimate for equipment and software investment growth to 0.9% in the third quarter update to its 2023 Equipment Leasing & Finance U.S. Economic Outlook. read more

North Star Leasing Implements Tamarack’s TrailView Customer Service Portal

North Star Leasing, a division of Peoples Bank, partnered with Tamarack Technology on the implementation of Tamarack’s TrailView Customer Service Portal, which will provide North Star Leasing’s customers with 24/7 access to account information. read more

Fortune Names First American Equipment Finance a Top Workplace for Millennials

Fortune and Great Place to Work honored First American Equipment Finance as one of this year’s Best Workplaces for Millennials in the fewer than 1,000 full-time employees category. This is First American’s seventh time being named to the list, ranking No. 41 this year.  read more

Great Lakes Asset Solutions Expands Leadership Team with New Appointments

Great Lakes Asset Solutions, a provider of repossession services on commercial accounts, announced several significant changes to its leadership team, promoting Anthony Garver to president and hiring Nick Walker as the direct of sales and marketing. read more

Barclays Appoints New Senior Hires for Sustainable and Impact Investing Team

Barclays added three new senior hires for its corporate and investment bank, adding Arnoud Boksteijn, Cindy Quan and Bogdan Oprea to its sustainable and impact investing team. read more

UMB Appoints New Leadership for Institutional Banking Division

UMB Financial appointed Phil Mason to the role of president of institutional banking and chose Brian Hutchin to fill Mason’s prior role as director of UMB Healthcare Services. read more

Willis Lease Finance Undertakes Power-to-Liquid Sustainable Aviation Fuel Project

Willis Lease Finance, a lessor of commercial aircraft engines and a provider of global aviation service operations for more than 45 years, launched a project to develop and produce power-to-liquid sustainable aviation fuel. read more

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