Inflation, Supply Chain Disruptions and Labor Shortages Continue to Challenge Restaurants

According to a survey conducted by TD Bank, inflation continues to be the top challenge for restaurants as they look ahead to 2023. Restaurants also cited the labor shortage (32%), supply chain disruptions (16%) and rising interest rates (11%) as factors impacting their businesses. read more

S&P Global Ratings Affirms Average Servicer Ranking for Stratos Aircraft Management

S&P Global Ratings affirmed its average ranking for Stratos Aircraft Management as an aircraft servicer and noted that the company’s ranking outlook is stable.  read more

Greenbrier Receives $580MM in Railcar Orders in Q2/23

The Greenbrier Companies received orders for 4,500 new railcars with a value of $580 million during Q2/23. Separately, Greenbrier expects revenue of approximately $1.1 billion in the quarter. read more

California Disclosure Laws Cause 40% of Lenders to Avoid Smaller Deals

According to the Secured Finance Network, since new California disclosure rules were implemented in December 2022, 40% of respondents were found to be “no longer lending” to prospective borrowers who fall within the regulations’ threshold of less than $500,000.  read more

Hilco Performance Solutions Names Vanlinthout Automotive Industry Practice Leader

Hilco Performance Solutions named Frederic Vanlinthout automotive industry practice leader. Vanlinthout’s experience includes 18 years at Ford Motor Company, where he served in a range of financial and strategy positions. read more

Stratos Provides Boeing 737-800 to Transavia France

Stratos, an aircraft investment specialist and asset manager, delivered a Boeing 737-800 on long-term operating lease to Transavia France. The delivery forms part of Transavia France’s fleet expansion, with the Air France–KLM subsidiary growing its fleet to 71 aircraft. read more

Monitor Releases Details for Converge Event, Including Agenda, Panelists and Early Bird Deadline

Monitor, the leading source of information for the equipment finance industry, has announced the details of Converge, an extraordinary two-day event that will be held in Philadelphia from June 14-15. read more

Wintrust Asset Finance to Host Equipment Finance Cares Texas Event in April

Wintrust Asset Finance, a subsidiary of Beverly Bank & Trust Company, will host an Equipment Finance Cares Texas event on April 19 from 1:30 to 7 p.m. (CT) at TPC Craig Ranch in McKinney, TX. The two panels at the event will be the “Human Side of Leasing” and “Best Practices.” read more

Star Hill Financial Names Bell Director of Franchise Sales

Star Hill Financial, an independent franchise and equipment finance company, appointed David T. Bell director of franchise sales. Prior to joining Star Hill, David served as a partner, executive vice president and director of strategic alliances at WingFinance.  read more

Commercial Credit Group Closes $397.08MM Term ABS

Commercial Credit Group finalized a $397.08 million term asset-backed security transaction. The securitization was placed with a group of fixed income investors from 34 institutions. BofA Securities served as structuring agent and lead bookrunner. read more

Onset Financial Names Mayfield SVP of Remarketing and Strategic Development

Onset Financial hired Michael Mayfield as senior vice president of remarketing and strategic development. In his new role at Onset, Mayfield will be responsible for managing the end-of-term lease settlements and negotiations with Onset’s customers. read more

PEAC Solutions Hires Chandler as National VP of Sales for Office Equipment

PEAC Solutions hired Bryan Chandler as national vice president of sales. Chandler will be responsible for leading a team focused on developing new partnerships with key vendors, manufacturers and dealers in the office equipment space. read more

SMBC Group Appoints Former Unilever CEO to Global Advisor Role

Sumitomo Mitsui Financial Group (SMBC Group) appointed Paul Polman, the former CEO of Unilever, to the role of SMBC Group global advisor. read more

Quality Equipment Finance Appoints Fanelle to Sales Team

Quality Equipment Finance, a subsidiary of the Tom Wood Group, appointed Bob Fanelle to its sales team. Fanelle has more than 20 years of various financial services experience. read more

Wintrust Commercial Finance Adds Altman as SVP of Corporate Aviation Finance

Wintrust Commercial Finance, a division of Wintrust Asset Finance, named Steve Altman senior vice president of corporate aviation finance. In this role, Altman will be responsible for growing direct capital lease and loan origination activities secured by business aircraft. read more

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