CIT Group expanded its investment management and advisory capabilities to provide increased capacity and flexibility to finance private equity sponsor-owned middle market companies across a diverse range of industry sectors. read more
SMBC Aviation Capital launched GAEL, a closed-end fund which has raised equity capital from 17 Japanese institutional investors and a secured debt financing from an internationally recognized bank. read more
What a difference a decade makes. Perhaps now just a fading memory, 2008 was a painful turning point within the financial industry landscape as the U.S. entered its deepest recession in 80 years commencing in December 2007. This intensified with... read more
The acid test of any business strategy is results. Customers decide which businesses succeed and which businesses fail. If marketplace acceptance is the ultimate test for a business, the businesses profiled in this article are the best of the best.... read more
Have you ever been asked the question “why do I need you” by your banking colleagues? It’s an indicator of how young the equipment finance line of business is in many regional banks. It also serves as a reminder that it is part of our job as good sales people to explain our value, not just to prospects and customers, but to our own teammates on the banking side.
Liability policies are standard procedure when leasing equipment, but not all policies will cover vicarious liability in the event of an accident caused by the lessee or require the same financial responsibility depending on the state. Jody Green and Bill Mulder provide a basic breakdown of when additional insurance may be necessary and the types of equipment that most need its protection.