Fortune and Great Place to Work have honored First American Equipment Finance as one of the 2024 Best Workplaces for Millennials (under 1,000 FTE). This is First American’s eighth time being named to the nationwide list, this year coming in at No. 14. read more

JUL 19, 2024 - 6:41 am

Fortifi Food Processing Systems, a global company in food processing equipment and automation solutions, launched its Enriching Communities initiative as part of its ongoing commitment to combat hunger and food insecurity. read more

JUL 19, 2024 - 6:40 am

Penske Truck Rental relaunched its newly revamped website for commercial truck rental customers. Key features designed to improve user interaction and satisfaction include: truck first selection, interactive pricing map and enhanced insurance alternative coverages. read more

JUL 19, 2024 - 6:40 am

Air Lease (ALC) delivered one new Airbus A321-200neo to Condor. This aircraft is the first of 19 new Airbus aircraft confirmed to deliver to the airline from ALC’s orderbook with Airbus through 2027, including 17 A321-200neos and two A320-200neos. read more

JUL 19, 2024 - 6:39 am

Preliminary net trailer orders rose slightly from May to June, but at 6,300 units, were lower compared to last June, down 19% year over year, according to ACT Research. Seasonal adjustment at this point in the cycle boosts June’s tally to 8,100 units. read more

JUL 19, 2024 - 6:39 am

Technology companies Syndifi and Tamarack Technology have entered a strategic partnership to support capital market teams in the industry. The companies plan to integrate the Syndifi platform with Tamarack’s SyndicationBuilder, develop product enhancements and pursue customer applications. read more

JUL 18, 2024 - 6:32 am

The Equipment Leasing & Finance Foundation released the July 2024 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 50.7, steady with the May and June MCIs of 50.7 and 50.2, respectively. read more

JUL 18, 2024 - 6:32 am

Stonebriar Commercial Finance closed a $200 million lease financing to a global data center operator. The lease is supported by assets consisting of new, high-performance servers, data storage systems and other networking equipment located at lessee’s five primary U.S. data centers. read more

JUL 18, 2024 - 6:32 am

SLR Capital Partners hired Scottie Bevill as a senior advisor. Bevill will advise on strategic planning and growth initiatives, evaluating new investment strategies and representing the firm, leveraging his more than 30 years of experience in institutional investing. read more

JUL 18, 2024 - 6:31 am

QuickFi is a finalist in the New York-based 2024 Finovate Awards for Best Embedded Finance Solution. Other finalists include TD Bank, Mastercard, Brex and Clair. read more

JUL 18, 2024 - 6:31 am

april, an AI-powered tax-filing product built to be embedded with financial services providers, appointed Raj R. Doshi as its president and chief operating officer (COO). Doshi brings over 20 years of experience in driving growth strategies and leading operations. read more

JUL 18, 2024 - 6:31 am

Counter to historical seasonality, preliminary Class 8 same dealer used truck retail sales volumes slowed in June (-5.3%), according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. read more

JUL 18, 2024 - 6:31 am

Midway through the year, the outlook for a soft landing has strengthened, driven by easing inflation and a robust labor market, according to the Equipment Leasing & Finance Foundation’s Q3/24 update of the 2024 Equipment Leasing & Finance U.S. Economic Outlook. read more

JUL 17, 2024 - 6:31 am

Global Jet Capital appointed Tom Kacin to serve as the vice president of sales for the Northeastern and Midwest U.S. region. Kacin will report to Mike Christie, who stepped into the role of head of sales for the Americas in March. read more

JUL 17, 2024 - 6:31 am

Capteris closed a $22.5 million loan for an inland freight marine company. The customer was looking to work with lenders who knew their industry and could provide flexible terms and structure. The loan was part of a larger refinance transaction and secured by existing vessels. read more

JUL 17, 2024 - 6:29 am