News

Mitsubishi HC Capital America Enhances Commercial Finance Capabilities

Mitsubishi HC Capital America is expanding the depth and scope of its commercial finance solutions to fully encompass both the front and back end of the enterprise value chain.  read more

Rinaldi Advisory Services Partners with MAI Technology Solutions

Rinaldi Advisory Services is partnering with MAI Technology Solutions as its latest RAS Alliance Partner to optimize technology strategy in the equipment leasing and finance industry. read more

Kennet Equipment Leasing Implements Leasepath’s Platform

Kennet Equipment Leasing, a UK-based equipment finance company that is part of the Star Asset Finance network, implemented Leasepath’s true cloud platform across its entire enterprise. read more

First American Equipment Finance Named Financial Service Champion of the Year

First American Equipment Finance was named Financial Service Champion of the Year by Victor Local Development Corporation, a nonprofit organization based in Victor, NY. read more

United Rentals Appoints Grenfell VP and Head of Investor Relations

United Rentals appointed Elizabeth Grenfell vice president and head of investor relations, effective immediately. In this role, Grenfell will be responsible for managing communications between the company’s leadership, current and future investors and the broader financial community. read more

Peapack-Gladstone Bank Appoints Mutarelli Senior Managing Director and Commercial Private Banker

Peapack-Gladstone Bank appointed Vincent J. Mutarelli senior managing director and commercial private banker. Mutarelli will be responsible for growing a portfolio of commercial clients and servicing businesses within the bank’s regional footprint. read more

Aviation Capital Names Nunes VP of Marketing in Latin America

Aviation Capital Group named Armando Belchior Nunes vice president of marketing in Latin America. Nunes will work with the company’s ’s head of marketing to support the region by developing and maintaining customer relationships and supporting brand awareness initiatives. read more

Vmo Aircraft Leasing Adds Cumberland Additive CEO to Board of Directors

Vmo Aircraft Leasing appointed Dawne S. Hickton an independent member of its board of directors. Hickton currently serves as chair and CEO of Cumberland Additive, a 3D printing technology company that caters to the space, defense and aerospace markets. read more

Mitsubishi HC Capital America, Autocar and Chargepoint Partner on EV Financing Solution

Autocar, a manufacturer of engineered severe-duty vocational vehicles, partnered with Mitsubishi HC Capital America and ChargePoint to provide a bundled vehicle financing solution designed to help customers grow their electric fleets and install charging infrastructure. read more

ELFA Calls for Presentations for 2023 Annual Convention

The Equipment Leasing and Finance Association is making a call for presentations for the 2023 ELFA Annual Convention. Proposals to speak at the event are due by July 11. The convention will take place Oct. 22-24 at the JW Marriott Phoenix Desert Ridge in Phoenix. read more

Clarus Capital Closes $70MM Lease Facility for a Sponsor-Backed Transportation Service Provider

Clarus Capital arranged a $70 million lease facility for a sponsor-backed transportation service provider, which used the proceeds to support growth initiatives and fleet expansion. Clarus funded half of the facility for its own account and placed the remaining amount with multiple lessors.    read more

CLFP Foundation Adds 14 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation reported that 14 individuals recently passed the eight-hour online proctored CLFP exam. read more

Post Road Equipment Finance Provides $15MM Lease to Precision Components Manufacturer

Post Road Equipment Finance provided a $15 million lease to an international precision components manufacturer for the commercial aerospace, industrial gas turbine and auto markets to finance new and existing manufacturing equipment. read more

Wells Fargo Announces Transition for Outstanding LIBOR-Linked Instruments

Wells Fargo issued debt securities, certificates of deposit, trust preferred securities and preferred stock and related depositary shares that reference the London Interbank Offered Rate (LIBOR) for deposits in U.S. dollars for a three-month tenor. read more

Berkshire Bank Promotes Saint John to Deputy Chief Credit Officer & Commercial Credit Director

Berkshire Bank promoted Greg Saint John to senior vice president, deputy chief credit officer and commercial credit director. Saint John began his career at Berkshire Bank more than a decade ago as vice president and regional credit officer. read more

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