A new survey from Grant Thornton revealed that CFOs remain optimistic about the economy, even as indicators of a potential recession continue to loom. However, while optimism is high, confidence in controlling costs seems to be waning. read more

APR 12, 2023 - 7:10 am

Honour Capital named Kelly Bomier sales specialist. Most recently, Bomier served as president for Five Star Capital, where she brokered equipment financing for the motorcoach, school bus, tow, refuse, agriculture and construction industries.  read more

APR 12, 2023 - 7:07 am

Navitas Credit hired Len Baccaro as vice president of business development and sales in its strategic accounts division. Prior to joining Navitas, Baccaro owned and sold two equipment brokerage firms and worked for First Sierra Financial and Ascentium Capital. read more

APR 12, 2023 - 7:06 am

According to Biz2Credit, small business loan approval percentages at big banks slipped again, falling from 14.2% in February to 13.8% in March, the lowest figure for big banks since July 2021. read more

APR 12, 2023 - 7:04 am

Texas Capital Bank appointed David A. Youngberg Jr. managing director and chief credit officer. Youngberg will be responsible for directing the strategy for Texas Capital Bank’s credit approval, underwriting and monitoring processes. read more

APR 12, 2023 - 7:02 am

1st Security Bank of Washington named Ben Crowl to succeed Dennis O’Leary as chief lending officer, effective July 1. O’Leary has served as the bank’s chief lending officer since 2013. read more

APR 12, 2023 - 7:01 am

According to the latest CBIZ Small Business Employment Index (SBEI), small businesses, aside from those in the technology industry, are showing resilience and a willingness to hire talent, as well as a seasonally adjusted increase of 1.36% in hiring in March. read more

APR 12, 2023 - 7:00 am

STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within the equipment finance industry, will launch its fourth cohort today. read more

APR 11, 2023 - 6:58 am

First Federal Bank launched a corporate equipment financing line of business, a recent addition to its capital solutions division. The new team will be led by William Badgio. read more

APR 11, 2023 - 6:56 am

James Possehl, the founder of Republic Financial Corporation and a member of the Equipment Leasing and Finance Association Hall of Fame, passed away last week. He was 78 years old. read more

APR 11, 2023 - 6:55 am

Oakmont Capital Services promoted Sara Birr and Trista Strangler to supervisor roles at its Minnesota location and Melanie Laird to a finance coordinator role at its Pennsylvania headquarters. read more

APR 11, 2023 - 6:54 am

Dext Capital closed on Dext ABS 2023-1, the company’s third securitization and its largest to date. The $293 million transaction secured orders from 15 new investors and 22 in total. read more

APR 11, 2023 - 6:52 am

U.S. Bank hired Jay Martin as president of global fund services. In his role, Martin will lead a global team that combines technology with customer service to offer customized product solutions for alternative investments, mutual funds and exchange-traded products. read more

APR 11, 2023 - 6:51 am

Berkshire Hills Bancorp, the parent company of Berkshire Bank, elected Eric S. Rosengren to the board of directors of the company and the bank. From 2007 until his retirement in 2021, Rosengren served as president and CEO of the Federal Reserve Bank of Boston. read more

APR 11, 2023 - 6:50 am

Scotiabank appointed Francisco Aristeguieta to the role of group head of international banking, effective May 1. In parallel to Aristeguieta’s appointment, Ignacio Deschamps announced his intention to retire from Scotiabank at the end of April. read more

APR 11, 2023 - 6:48 am