News

KBRA: Lessors Will be Tested by Post Pandemic Aircraft Returns

Kroll Bond Rating Agency research indicated that aircraft values and lease rate declines will be contingent on the speed of economic recovery and the path that surviving airlines take in deciding the composition of their fleets post-coronavirus. read more

ACT Research: COVID-19 Impacting CV Markets, but What’s Next?

The pervasive negative impact of the COVID-19 pandemic has forced a major downward shift on ACT Research’s views of the heavy-duty market for 2020. read more

WSJ: Bank Lending a Weak Channel for COVID-19 Recovery

The Wall Street Journal reported that bank’s aversion to risk in lending may make them a weak conduit for the Fed’s post-pandemic recovery plans. read more

IBERIABANK Shareholders Approve Merger of Equals with First Horizon

IBERIABANK received shareholder approval for the merger of equals between IBERIABANK and First Horizon. read more

House Passes $484B Small Business Aid Bill, Trump to Sign at Noon

The Wall Street Journal reported that the House passed a $484 billion bill that will replenish two aid programs for small businesses and provide relief to hospitals. read more

LEAF Becomes Early Adopter of Tamarack Debt Restructuring Utility

LEAF Commercial Capital has implemented Tamarack Consulting’s Extension-of-Terms Automation Utility (ETAU), a contract modification tool. read more

CIT Leads $325MM Financing for Telecommunications Infrastructure Provider

CIT Group served as joint lead arranger for a $325 million round of financing for Mobilitie, a telecommunications infrastructure provider. read more

CHG-MERIDIAN Increases Lease Origination Volume 32% in 2019

CHG-MERIDIAN Group continued its favorable business development in 2019, with a 32% increase in lease origination volume. read more

Ritchie Bros. Sells $43MM+ of Equipment in Houston-Based Online Auction

Ritchie Bros. sold more than 4,400 equipment items and trucks, totaling over $43 million, in an online auction based in Houston, TX. read more

Census Bureau Launches COVID-19 Data Hub

The U.S. Census Bureau released a new resource page on Census.gov to help decision making related to the COVID-19 pandemic. The resource page includes interactive data on population demographics, economic indicators and businesses. read more

Tiger Capital Predicts Spike in COVID-19 Related Closures, Bankruptcies & Liquidations

Tiger Capital co-founder Dan Kane predicted that COVID-19 will cause a huge spike in asset dispositions across multiple sectors once the economic recovery begins. read more

AICPA Offers PPP Firm-Lender Relationship Recommendations

The American Institute of CPAs offered firm-lender relationship recommendations related to CPA firms assisting clients in the Paycheck Protection Program. read more

Amur Advances to No. 4 in Monitor’s Top Private Independents Ranking

Amur Equipment Finance has been ranked fourth by Monitor in its annual list of “Top Private Independent” U.S. equipment finance and leasing companies. read more

Regents Capital Ranks in Monitor’s Top 25 Private Independents for 2020

Regents Capital reported 12.5% growth in annual funded new business volume in 2019 as one of Monitor’s Top 25 Private Independents, maintaining its position from last year’s rankings. read more

Wintrust Expands Tech Lending Business with Freeman Hire

Wintrust Specialty Finance hired Matt Freeman as vice president of Business Development. Freeman will focus on expanding WSF’s technology lending business nationwide. read more

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Terry Mulreany
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