According to Deloitte’s Q4/23 CFO Signals survey, CFOs who rated the current North American economy favorably plummeted 10 points since the previous quarter to 47% from 57%. Net optimism for CFOs' own companies' financial prospects also fell. read more

JAN 12, 2024 - 6:39 am

The convergence of continued strong build rates, a fading U.S. tractor sales trend and early-in-the-year sales seasonality risk a Class 8 truck inventory surge in Q1/24, according to ACT Research. read more

JAN 12, 2024 - 6:37 am

MidFirst Bank expanded into the southern Nevada market, with Michael Pizzi, who will serve as senior vice president and Nevada market executive, and a team of bankers from Bank of Nevada who have experience in the area leading the initiative. read more

JAN 12, 2024 - 6:36 am

Citizens’ 2024 M&A outlook report revealed optimism about the environment for dealmaking activity this year, underpinned by solid expectations for the U.S. economy and a pop in enthusiasm, especially among buyers. read more

JAN 11, 2024 - 7:00 am

Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by MMAF Equipment Finance LLC 2024-A (MMAF 2024-A), MassMutual Asset Finance’s 20th equipment ABS transaction. read more

JAN 11, 2024 - 6:59 am

According to Houlihan Lokey’s recently released Q3/23 equipment-as-a-service market update, the rate of announced equipment-as-a-service transactions in the year-to-date period for the report outpaced pre-COVID-19 pandemic levels. read more

JAN 11, 2024 - 6:58 am

Ivory Consulting added six finance businesses as customers for its SuperTRUMP platform and completed more than 20 SuperTRUMP customization engagements in 2023. read more

JAN 11, 2024 - 6:56 am

The board of trustees of the National Equipment Finance Association’s Chris Walker Education Fund is actively raising funds and will continue to accept grant applications until Feb. 1. The fund will award a total of $30,000 grants by the end of February. read more

JAN 11, 2024 - 6:54 am

Merrick Benn, a partner at Womble Bond Dickinson, joined the firm’s global board, the entity responsible for guiding, managing and fostering cooperation between the firm’s UK and U.S. operations. read more

JAN 11, 2024 - 6:53 am

JetLoan Capital arranged loan funding for 59 aircraft and yachts in 2023, totaling $125 million and pertaining to the following collateral types: light, mid-size and large cabin jets; GA aircraft, turboprops and pistons; helicopters; and yachts and boats. read more

JAN 11, 2024 - 6:52 am

Capteris closed a $20 million lease for production process equipment for a specialty materials and chemical producer. read more

JAN 11, 2024 - 6:50 am

KeyCorp, the parent company of KeyBank, promoted Darrin Benhart from deputy chief risk officer to chief risk officer. Benhart succeeded Mark Midkiff, whose long-planned retirement was announced in November and who will remain at the bank through a transition period. read more

JAN 10, 2024 - 6:51 am

The Equipment Leasing and Finance Association announced the results of the association’s business council steering committee elections, including the bank, captive and vendor finance, independent, service providers and small-ticket business council steering committees. read more

JAN 10, 2024 - 6:50 am

Mitsubishi HC Capital America hired Anand Rao as managing director of private credit for its structured finance division. Rao most recently served as senior vice president at Audax Private Debt, where he helped develop and grow the company’s private debt platform. read more

JAN 10, 2024 - 6:49 am

QuickFi by Innovation Finance USA was named a winner in the 2024 BIG Innovation Awards presented by the Business Intelligence Group. QuickFi was honored for its B2B embedded finance platform. read more

JAN 10, 2024 - 6:47 am