News

Capital One Appoints Raisig to Long Island Commercial Lending Team

Gary Raisig joined Capital One’s Middle Market Banking group on Long Island as a senior vice president and relationship manager. Raisig will report to Miriam Tanenbaum, head of Long Island and Queens Middle Market Banking. read more

ELFF Industry Snapshot Reports New Business Volume Off to Slow Start in 2019

The Equipment Leasing & Finance Foundation has released its Q2 2019 Equipment Leasing & Finance Industry Snapshot, a resource for industry participants to incorporate into executive briefings and presentations. read more

BofA First Quarter 2019 Sees 6% Growth in Net Income Y/Y

Bank of America released its financial results for the first quarter of 2019, reporting a net income of $7.3 billion, an increase of 6% year over year. read more

Umpqua Wins Celent Model Bank of The Year Award for Customer Engagement

Umpqua Bank has been recognized by Celent as a Model Bank Award winner in Customer Engagement for its human digital banking strategy and Go-To banking platform. read more

Miller Joins Tiger Group as Senior Director of Appraisals

Industry veteran Matthew Miller joined asset valuation and disposition services provider Tiger Group as senior director of Appraisals. He will be responsible for the daily operations of the firm’s comprehensive consumer and industrial asset appraisal practice. read more

CWB Franchise Finance Provides Revolver to Shoeless Joe’s Sports Grill

CWB Franchise Finance, a division of CWB Financial Group, provided a development line facility and a revolver loan to Shoeless Joe's Sports Grill. read more

Aviation Capital Delivers Airbus A350XWB to Asiana Airlines

Aircraft lessor Aviation Capital Group delivered a new Airbus A350-900 to Asiana Airlines, the first of two A350-900 aircraft deliveries on long-term lease to Asiana. read more

Lamb Joins Sertant Capital as CFO

David L. Lamb joined Sertant Captial as senior vice president, chief financial officer. He will be based out of Sertant’s Utah office and report to CEO Dan Krajewski. read more

Corcentric Completes Acquisition of Determine Cloud Platform

Corcentric completed its purchase of substantially all of the assets of Determine, a provider of global source-to-pay and enterprise contract lifecycle management solutions. read more

Wells Fargo Agents $302.7MM+ ABS Transaction for CCG

Independent commercial equipment finance company Commercial Credit Group closed a 144a privately-placed term asset-backed security transaction. Wells Fargo served as structuring agent and lead bookrunner on the $302.732 million financing. read more

Ritchie Bros. Appoints Jeter, Taylor to Executive Roles in North America

Ritchie Bros. named Jeff Jeter president, Upstream & Emerging Businesses, North America and Kari Taylor chief sales officer, U.S. Regions, as part of an organizational realignment in North America. read more

Fleet Advantage Recognizes Two New CTP Accredited Professionals

Fleet Advantage recognized Zachary Lawson, vice president of Strategic Fleet Solutions, and Ezel “CJ” Baltali, purchasing manager, for receiving their 2019 NPTC Certified Transportation Professional accreditation. read more

Rinaldi Relaunches Legends/Pioneers Video Series, Diversions Blog

Industry veteran Bob Rinaldi, president of Bob Rinaldi, relaunched his popular streaming video interview series of pioneers and legends of the equipment finance industry under the “Leasing Avenues” section of his blog. read more

Ritchie Bros.’ to Sell 10,900+ Items in Annual Canadian Auction

From April 30 through May 4 in Edmonton, Canada, Ritchie Bros. will host its annual spring auction, featuring equipment from hundreds of companies across Western Canada. read more

Signature Bank Forms National Venture Banking Group

Signature Bank has formed a national Venture Banking Group to focus on serving venture capital firms and the portfolio companies in which they invest. read more

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Terry Mulreany
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