The Equipment Leasing & Finance Foundation released the January 2024 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), finding that, overall, confidence in the equipment finance market is 48.6, an increase from the December index of 42.5. read more

JAN 18, 2024 - 6:53 am

Heavy equipment manufacturer Sany America entered a new partnership with DLL. Sany customers in the U.S. may now choose DLL for their construction equipment and material handling equipment financing needs. read more

JAN 18, 2024 - 6:51 am

First Citizens Bank’s middle-market banking group hired April Chow and Marc Einerman as managing directors and relationship managers dedicated to supporting business growth. read more

JAN 18, 2024 - 6:49 am

Martin Klotzman, director of marketing and operations at Ivory Consulting, was elected to the Equipment Leasing & Finance Foundation’s board of trustees. Klotzman is the youngest person to be elected a trustee in the foundation’s 35-year history. read more

JAN 18, 2024 - 6:48 am

Information technology asset disposition provider EPC, a subsidiary of CSI Leasing, expanded its footprint in the Southeast U.S. in order to accommodate its growing service offering. read more

JAN 18, 2024 - 6:43 am

AllTranstek, a provider of fleet management services to the rail industry, promoted Chec Morrow to director of field services. In this role, Morrow will take charge of the inspection services department, a role previously held by Jerry Charaska, who will retire. read more

JAN 18, 2024 - 6:42 am

Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, exceeded its 2023 goal of $165 million in annual equipment costs financed. read more

JAN 18, 2024 - 6:40 am

Leasepath, a technology provider for the equipment finance industry, announced that six of its employees earned their Certified Lease & Financial Professional certification in 2023, including Bilal Alam and Adnan Arif, who became the first-ever certified CLFPs in Pakistan. read more

JAN 18, 2024 - 6:38 am

Jeff Fields joined Atalaya Capital Management as president of Atalaya Leasing, Atalaya’s equipment-backed investment strategy. Prior to joining Atalaya, Fields was CEO of Chesswood Capital Management. read more

JAN 17, 2024 - 6:44 am

The Equipment Leasing and Finance Association revealed its Top 10 Equipment Acquisition Trends for 2024, including projections of 1.7% growth in real U.S. GDP and 2.2% growth in real equipment finance software investment. read more

JAN 17, 2024 - 6:42 am

Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, signed a fair market value (FMV) lease program for a global original equipment manufacturer in the material handling industry. read more

JAN 17, 2024 - 6:41 am

Blue Bridge Financial closed its first asset-backed securitization, Blue Bridge Funding 2023-1, at $124.8 million. Blue Bridge Funding 2023-1 includes four classes of notes and is backed by 2,156 secured loans. read more

JAN 17, 2024 - 6:40 am

Verdant Commercial Capital completed the funding of the last of a portfolio of solar projects that were launched by EDPR NA Distributed Generation (EDPR NA DG) in a series of sale-leaseback transactions for distributed generation solar projects in the U.S. read more

JAN 17, 2024 - 6:38 am

North Mill Equipment Finance promoted Deana Redmond to AVP of asset recovery, Jessica Eisenbeis to manager of contract administration, Kate LeConey to manager of broker relationships and marketing, and Matt Mosley to manager of broker relationships. In addition, Joe Littier, a long-time senior leader at the company, announced his retirement. read more

JAN 17, 2024 - 6:36 am

Alfa introduced Total Capability, the second of six releases that will culminate in the full launch of Alfa Systems 6, an iteration of the Alfa Systems software platform later this year. Total Capacity introduced Total Originations for the U.S. auto finance market. read more

JAN 17, 2024 - 6:34 am