News

ACT Research: OEMs Booked in August Best in Industry History

ACT Research’s preliminary estimate for August 2018 net trailer orders is 38,200 units. Final August volume will be available later this month. read more

Former VP of Doosan Infracore Financial Solutions Joins Invigors EMEA

Frans Jansen joined the asset finance consulting and services firm Invigors EMEA, the European arm of The Alta Group, as senior consultant in The Netherlands. read more

ATA Opens TMC National Technicians Skills Competition

American Trucking Associations’ Technology & Maintenance Council opened the 14th annual National Technicians Skills Competitions – TMCSuperTech on September 16, 2018. read more

SEC Charges Citigroup for Dark Pool Misrepresentations

The Securities and Exchange Commission entered an order finding that Citigroup Global Markets misled users of a dark pool operated by one of its affiliates. read more

Encina Provides $12.5MM Equipment Lease to Coal Mining Company

Encina Equipment Finance provided a $12.5 million equipment lease to a coal mining company. read more

Ivory Consulting Releases SuperTRUMP 12

Financial analysis software provider Ivory Consulting released SuperTRUMP 12, which incorporates the new US GAAP ASC 842, Leases and many other enhancements. read more

United Capital Sources $10MM Equipment Lease Line for Beverage Company

United Capital Partners sourced an approval for a $10 million, multi-tranche master equipment lease line of and $2 million in working capital for a high growth customer in the food and beverage sector. read more

July YTD U.S. Cutting Tool Consumption Up 11.7%

According to the U.S. Cutting Tool Institute and The Association for Manufacturing Technology, the July YTD U.S. cutting tool consumption of $1.41 billion is up 11.7% when compared with 2017. read more

Dunkley, Ryley Join Henry Howard Equipment Finance Team

Marie Dunkley and Charlie Ryley joined Henry Howard Finance to help support the company’s continued growth and expand its equipment finance offering. read more

Dost Recognized by IAFN as Personality of the Year

The International Asset Finance Network presented Rev. Dr. K. Bill Dost, group CEO of the D&D Companies, the Personality of the Year Award for Equipment Finance at the IAFN Awards Dinner on September 13, 2018. read more

Alta MD Swandel to Lead Session at CFLA Conference

Hugh Swandel, senior managing director of The Alta Group in Canada, will be presenting a workshop session titled, “Measuring the Industry” at the Canadian Finance & Leasing Association conference on September 26, 2018. read more

First National Bank Names Four New Members to Executive Leadership Team

First National Bank updated its executive leadership team to provide greater market coverage, enhanced efficiency and in-depth focus on specific areas of the company. read more

Manufacturers Capital Partners with Xometry on Shop Advantage Program

Xometry launched the Xometry Shop Advantage Program, an exclusive program for 2,400 small to mid-size manufacturing businesses. Manufacturers Capital is among the industry partners participating in the program. read more

CIT Healthcare Provides $144MM in Facilities to Bristol Hospice

CIT Healthcare Finance served as administrative agent and sole lead arranger on a $115 million first lien credit facility and as sole lead arranger on a $29 million second lien facility for Bristol Hospice. read more

EIB to Provide $117MM Facility to DLL

The European Investment Bank agreed to provide DLL with a €100 million ($116.922 million) credit facility in order to help Dutch and Belgian SME and mid-cap companies benefit from DLL’s Life Cycle Asset Management Program. read more

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