News

ELFF Releases Update to Applied Economics Handbook

The Equipment Leasing & Finance Foundation released the 2018 update to the Applied Economics Handbook: Make Better Business Decisions Using Economics. read more

Customers Bank Opens New Office in Philadelphia’s Logan Square

Customers Bank opened a second Commercial Lending office in Philadelphia to address market growth and the needs of the city’s thriving businesses. read more

Under Par Finance, Taycor Partner Up to Expand Canadian Access

Under Par Finance, a Canadian equipment leasing and financing originator that specializes in servicing the golf industry, entered into a strategic partnership with Taycor Financial. read more

Turning Rock Provides $30MM Facility to Buggy TLC Rentals

Buggy TLC Rentals and Leasing closed a $30 million senior credit facility with Turning Rock Partners. EA Markets assisted Buggy in arranging, structuring and negotiating the facility. read more

Global Construction Equipment Market Bounces Back After Downturn

According to a ReportBuyer SWOT analysis, the global construction equipment market has made an effective comeback after a significant downturn spanning multiple years. read more

RVI Group Promotes GE Vet Morin to SVP/Commercial Equipment Business

Residual value insurance provider RVI Group promoted Roger Morin to senior vice president. read more

ELFA Launches Interactive Online Dashboard for 2018 SEFA

The Equipment Leasing and Finance Association launched a new online dashboard featuring key data from the Survey of Equipment Finance Activity (SEFA). read more

Wynne, Colton Join Wells Fargo Public Finance

Wells Fargo Securities made two additions to its Public Finance team. Tom Wynne will lead a new housing financing initiative in the West, and Michael Colton joined to support the municipal finance business in New York. read more

Buckner Joins ENGS as Transportation Business Development Manager

John Buckner joined ENGS Commercial Finance as business development manager in its Transportation Finance Division. read more

Cat Dealers Pesa, Sotreq Partner with Ritchie Bros. for Equipment Sale

In August, Brazilian Cat dealers Pesa and Sotreq partnered with Ritchie Bros. to sell a large number of equipment items through Ritchie Bros.' new online sales solution, Marketplace-E. read more

LexisNexis Publishes Text on Equipment Financing in Canada

LexisNexis published Equipment Financing in Canada, an equipment financing text on the Canadian market authored by Cassels Brock attorneys Jonathan Fleisher and Carla Potter. read more

KBRA Assigns A- Rating to Air Lease Senior Unsecured Notes

Kroll Bond Rating Agency assigned a senior unsecured rating of A- with a stable outlook to the senior unsecured notes to be issued by Air Lease. read more

Report: Farm Equipment Rental Market to Grow 7.78% by 2022

The global farm equipment rental market is anticipated to grow at a CAGR of 7.78% during the period 2018-2022, according to a report from ResearchAndMarkets. read more

NEFA Appoints Toglia Executive Director and CEO

The National Equipment Finance Association appointed Michael A. Toglia its executive director and CEO. He succeeds Gerry Egan, who will be retiring in October after eight years in the role. read more

Encina Hires Three GE Capital Vets for Danbury Headquarters, Promotes Giaquinto

Encina Equipment Finance hired Andy Brown, Katherine (Reichle) Branch and Beata Nicpon for the company’s Danbury, CT headquarters and promoted James Giaquinto, who joined EEF at its launch in June 2017. read more

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