News

Inovatec System Partners with Paays Financial Technologies for Canadian Lenders

Inovatec Systems, a provider of cloud-based software solutions for lenders, partnered with Paays Financial Technologies, a provider of advanced risk management solutions for banks, credit unions, finance companies, OEMs and other organizations. read more

Simmons Bank Promotes Schrodt, Martelle and Lathrop to Lead Business Units in Nashville, TN

Simmons Bank promoted Martin Schrodt to director of market development and John Martelle and Tom Lathrop to commercial banking president roles. All three bankers will lead business units in the Nashville, TN, metro market. read more

First American Equipment Finance Named One of the Best Companies to Sell For

First American Equipment Finance ranked 21st on the 2023Selling Power 50 Best Companies to Sell For list. This is the 23rd consecutive year the ranking has been published by Selling Power and First American’s seventh consecutive year on the list. read more

Peoples Bancorp CEO Sulerzyski to Retire, Wilcox Chosen as Successor

Chuck Sulerzyski of Peoples Bancorp will retire as president and CEO of Peoples Bancorp and its banking subsidiary, Peoples Bank, effective March 31, 2024. Tyler Wilcox will become the next president and CEO of Peoples Bancorp and Peoples Bank. read more

J.P. Morgan Appoints China Co-Head of Innovation Economy for Commercial Banking

J.P. Morgan appointed John China co-head of innovation economy for commercial banking. Based in San Francisco, China will serve alongside New York-based Melissa Smith, who is continuing her dual role as co-head of innovation economy and head of specialized industries for commercial banking. read more

Regents Capital Named One of Orange County Business Journal’s 2023 Best Places to Work

Regents Capital, a provider of equipment leasing and financing solutions in the United States, has been named one of Orange County Business Journal’s 2023 Best Places to Work. The independent equipment finance firm ranked sixth in the medium employer category. read more

NFS Leasing Extends $6MM Transaction to Congruity360

NFS Leasing expanded its partnership with Congruity360, a data management and data governance provider. The most recent transactions, totaling $6 million, will provide Congruity360 with additional growth capital. read more

GAMA Announces New Staff Additions and Promotions

The General Aviation Manufacturers Association added Péter Márton as director of European government affairs and Zanthe Jordine as airworthiness and regulatory specialist. The GAMA also promoted Cate Brancart to director of European safety and sustainability development. read more

Corcentric Names Clark CEO

Corcentric, a provider of procurement and finance solutions, named Matt Clark CEO of the company. As president and CEO, Clark will lead long-term strategic initiatives that advance Corcentric’s business growth and market position, as well as oversee all daily operations across business lines and functions. read more

First Citizens Bank Arranges Up to $30MM in Financing for MSea Capital

First Citizens Bank’s maritime finance business arranged up to $30 million in financing for affiliates of MSea Capital to refinance MR product tankers. read more

Inventory Levels in Used Heavy-Duty Truck, Construction Machinery and Semitrailer Markets Increase

According to Sandhills Global’s newest market reports, used heavy-duty truck, semitrailer and construction machinery in Sandhills marketplaces in June followed the same trends observed in previous months, with inventory levels increasing, driving asking and auction values down. read more

Customers Bank Onboards Nearly 30-Member Former Signature Bank Venture Banking Team

Customers Bank completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. The team will be integrated with Customers Bank’s existing teams. read more

ELFA Opens Registration for 62nd Annual Convention

The Equipment Leasing and Finance Association opened registration for its 62nd ELFA Annual Convention, which will be held Oct. 22 to Oct. 24 at the JW Marriott Phoenix Desert Ridge in Phoenix. The early-bird registration deadline for the event is Aug. 11. read more

Ault Joins Honour Capital as Chief Revenue Officer and EVP

Honour Capital hired Craig Ault as chief revenue officer and executive vice president. Ault joined Honour Capital with more than 20 years of experience in capital finance. read more

NEFA Appoints Nominating Committee

In accordance with the bylaws of the National Equipment Finance Association, Jim Jackson of The Alta Group, the association's immediate past president and board chairperson, appointed a nominating committee consisting of both regular and services members. read more

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