Wintrust Commercial Finance Adds Yepez to Direct Sales Team

Wintrust Commercial Finance expanded its direct origination team in the Western region of the U.S with the addition of Armando Yepez as senior account manager. read more

OCC to Accept National Bank Charter Applications from Fintechs

The Office of the Comptroller of the Currency will begin accepting applications for national bank charters from non-depository fintech companies engaged in the business of banking. read more

Meta Completes Crestmark Acquistion; Goik to Lead Commercial Finance Division

Meta Financial completed the acquisition of Crestmark Bancorp and its Michigan-based Crestmark Bank subsidiary. Crestmark has provided business-to-business commercial financing for more than 21 years. read more

Freeman Joins Ampil as National Business Development Executive

Matt Freeman joined Ampil as national business development executive. Freeman joined from CIT Vendor Finance and previously served at Key Equipment Finance. read more

American Railcar Notes Lower Q2 Lease Rates Hurt Results

Only 2% of American Railcar's Q2/18 shipments were railcar leasing related versus 51% in Q2/17 as the prevalence of lower lease rates has stalled The North American railcar market. read more

Deloitte: Lease Accounting Preparedness Keeps Executives Awake at Night

Deloitte’s latest poll revealed having the right IT systems in place remains a key challenge for public companies as the effective January 1, 2019 lease accounting standards implementation date approaches quickly. read more

Amembal & Halladay Welcomes Rinaldi to International Advisory Team

Amembal & Halladay announced the strategic addition of Bob Rinaldi to complement and expand the knowledge and depth of its consultancy expertise. Rinaldi will serve as managing director. read more

Apollo Aviation Acquires 23 Aircraft for $315MM

Apollo Aviation Group acquired or contracted to purchase 23 aircraft in the first half of 2018 for a total purchase price of $315 million. read more

York to Lead Combined Fifth Third, MB Equipment Finance Business

According to an SEC filing, Jill York has been selected as the leader of the newly combined equipment finance and leasing business that will result from the merger between Fifth Third and MB Financial. read more

GE Capital Healthcare Vet Joins White Oak Healthcare Finance

Peter Zone joined White Oak Healthcare Finance as a director. Prior to joining White Oak, Zone served as a SVP in the healthcare leveraged finance unit at GE Capital Healthcare Financial Services. read more

Signature Bank Receives Approval to Commence Operations in California

Signature Bank received approval from both the New York State Department of Financial Services and the FDIC to commence operations in California. read more

ELFA Software Guide Helps EF Firms Compete in New Digital Frontier

According to the latest ELFA Software Guide, equipment finance firms are adapting their business processes and recognizing the value of investing in technology upgrades. read more

CoreTech Leasing Hires Steel as SVP, Sales

CoreTech Leasing hired Barry Steel as senior vice president of Sales. Steel joins from Capital Fleet Solutions where he was most recently president. read more

Summit Funding Hires Fitzsimmons GM, Construction & Material Handling

Summit Funding hired Michael J. Fitzsimmons as general manager of its Construction and Material Handling division. Fitzsimmons was previously with Sumitomo Mitsui and GE Capital. read more

ENGS Commercial Finance Adds Osborn to Working Capital Subsidiary

Andrew Osborn joined ENGS Commercial Finance’s subsidiary, ENGS Commercial Capital as executive vice president, director of Sales. read more

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