News

Marlin Capital Solutions, AINA Wireless Create Financing Program

Marlin Capital Solutions and AINA Wireless, a communications company that develops Bluetooth speaker-microphones, entered into a partnership to provide financing options for AINA Wireless customers. read more

Equipment Leasing and Finance Industry Confidence Eases in June

The ELFF released the June 2019 Monthly Confidence Index for the Equipment Finance Industry. Overall, confidence in the equipment finance market was 52.8, easing from the May index of 59.2. read more

Amazon to Lease Fifteen 737-800 Converted Freighters from GECAS

Online retail giant Amazon entered into a partnership with aircraft lessor GE Capital Aviation Services to lease an additional 15 Boeing 737-800 cargo aircraft. read more

Fed Signals Lowered Interest Rates May be Coming Later in the Year

According to the Washington Post, the Federal Reserve has signaled a willingness to cut interest rates among signs of a slowing economy and ongoing trade uncertainty. read more

Nexseer Provides $36.2MM Financing for Food Manufacturer

Nexseer Capital completed a $36.2 million equipment and project financing for a $3 billion revenue food products manufacturer. read more

Duke Energy CA Solar Project Now Online with Support from M&T, Others

Duke Energy Renewables’ 150-megawatt North Rosamond solar project has begun commercial operation. M&T Bank's Commercial Equipment Finance Group, among others, previously provided tax equity financing for the project. read more

SMBC Orders CFM International LEAP-1A Engines for Airbus A320neos

Aircraft lessor SMBC Aviation Capital ordered forty CFM International LEAP-1A engines to power 20 additional Airbus A320neo aircraft. The engine order is valued at $588 million at list price. read more

Key Equipment Finance Promotes Martin to VP, Leasing & Vendor

Key Equipment Finance promoted Jen Martin to vice president of leasing and vendor program support. Martin will be responsible for overseeing the newly combined leasing programs and vendor performance teams. read more

Berkshire Adopts Finastra Real-Time Payment Platform

Berkshire Bank of Massachusetts upgraded its payments technology to Finastra’s Fusion Global PAYplus. This makes it one of the first regional banks in the Northeast to offer real-time payments capabilities. read more

ServisFirst Expands in Florida, Hires Veteran Team from Synovus

ServisFirst Bank expanded into Southwest Florida with the hiring of five seasoned, local bankers, including experienced professionals in business development, portfolio management and equipment financing. read more

State of Logistics Report Highlights Tight Supply Chain Capacity

Penske Logistics and the Council of Supply Chain Management Professionals presented the thirtieth annual State of Logistics Report at the National Press Club in Washington, D.C. read more

UniBank Names Welch CEO, Foley President

UniBank named Michael W. Welch chief executive officer and appointed Interim President Christopher D. Foley president on a permanent basis. read more

Zimbaldi Joins Barclays as Managing Director in FIG M&A

Barclays appointed Daniel Zimbaldi as a managing director in Financial Institutions Group M&A. Zimbaldi will be based in New York. read more

SMBC Selects Pratt & Whitney GTF Engines to Power Its Airbus A320neos

Aircraft lessor SMBC Aviation Capital selected Pratt & Whitney GTF engines to power an additional 20 Airbus A320neo family aircraft with options. read more

BMO Harris Promotes Rhodes to Head of Equipment Finance Syndications

BMO Harris Equipment Finance promoted Lance Rhodes to head of Equipment Finance Syndications. Rhodes will be based out of Denver and will report to Tom Sbordone, managing director and national sales manager. read more

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Terry Mulreany
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