The National Equipment Finance Association named William "Skip" Wehner its new manager of education. Wehner has more than 30 years of small business lending experience. read more
FEB 6, 2024 - 6:25 am
Commercial equipment and project finance provider First National Capital Corporation funded $32 million of new production lines for a protein processor in the U.S. read more
FEB 6, 2024 - 6:25 am
AP Equipment Financing hired Alex Coveney as the executive vice president of its newly established fleet and mobility division. In addition to being tasked with developing value-added services throughout AP’s portfolio, the division will also explore untapped segments for new growth opportunities. read more
FEB 5, 2024 - 6:41 am
Global Jet Capital recently surpassed $4 billion in aircraft financing originations to users of new and pre-owned aircraft. This milestone coincides with the company's commemoration of a decade in business. read more
FEB 5, 2024 - 6:40 am
Chapter 11 bankruptcy filings increased 22% year over year in January, while small business filings, captured as Subchapter V elections within Chapter 11, increased 43%, according to Epiq Bankruptcy. read more
FEB 5, 2024 - 6:38 am
The Equipment Leasing & Finance Foundation is accepting applications for its scholarship program for the 2024-2025 academic year. The foundation will award up to 10 scholarships of $5,000 each to students interested in pursuing a career in the equipment finance. read more
FEB 5, 2024 - 6:37 am
Post Road Equipment Finance, formerly known as Encina Equipment Finance, provided a $50 million loan to a global contract development manufacturing organization to finance new and existing manufacturing equipment. read more
FEB 5, 2024 - 6:37 am
eCapital appointed Rob Wright chief product officer. Before joining eCapital, Wright served as chief product officer for Triumph Financial, where he created a multi-phase innovation strategy that included a re-architected customer platform. read more
FEB 5, 2024 - 6:36 am
According to preliminary data from ACT Research, North American Class 8 truck net orders reached 27,000 units in January, up 600 units from December and up 45% compared with January 2023. read more
FEB 5, 2024 - 6:35 am
Asset manager Aviation Capital Group delivered one new Airbus A321neo aircraft on long-term lease to Spirit Airlines. Powered by Pratt & Whitney GTF engines, this is the fourth of four aircraft delivering to the airline from Aviation Capital Group’s order book with Airbus. read more
FEB 5, 2024 - 6:33 am
DLL intends to appoint Lara Yocarini CEO and chair of the company’s executive board for a term of four years. Yocarini will succeed Carlo van Kemenade, who will join the managing board of Rabobank Group as director of retail in the Netherlands. read more
FEB 2, 2024 - 6:53 am
Key Equipment Finance promoted Krista Spada to director of transactions cycle management. Spada’s more than 30-year Key Equipment Finance tenure has spanned all aspects of client transaction cycles. Prior to her new role, she was a senior vice president of originations. read more
FEB 2, 2024 - 6:52 am
The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to U.S. Bank. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7% in 2023, while spending by shippers contracted 13.5%. read more
FEB 2, 2024 - 6:50 am
LEAF Commercial Capital hired Marcel Borg as director of syndications, according to a LinkedIn post from Borg. Borg was previously a vice president and national sales manager for Accord Financial. read more
FEB 2, 2024 - 6:48 am
Sandhills Global introduced its Currency financing solution to buyers and sellers using Sandhills marketplaces in Canada. Currency is the financial technology arm of Sandhills, offering secure solutions to facilitate financing for large expenditures. read more
FEB 2, 2024 - 6:47 am