News

Equipment Finance Industry Confidence Steady in December

The Equipment Leasing & Finance Foundation released the December 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), finding that, overall, confidence in the equipment finance market is 42.5, steady with the November index of 42.8. read more

Mitsubishi HC Capital America’s Mullin Appointed to ELFA Communications Committee

The Equipment Leasing and Finance Association appointed Katie Mullin, vice president of North America marketing communications at Mitsubishi HC Capital America, to serve on the association’s communications committee for a two-year term. read more

First Citizens Bank Provides $65.2MM in Project Financing to Jupiter Power

First Citizens Bank's energy finance business and Jupiter Power closed on $65.2 million in financing for construction of a 200-megawatt (MW)/400 megawatt-hour (MWh) battery energy storage system in Houston. read more

Valley National Bank Promotes Barrett to SVP and Chief Operations Officer

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, promoted Russell Barrett to senior executive vice president and chief operations officer. Barrett joined Valley in 2021 and served as chief transformation officer the past two years. read more

ACT Research: Long Bottom to Persist as Freight Industry Buckles in for Harsh Winter

The surprising strength in the economy in 2023 may provide less ballast for freight in 2024, but supply contraction should propel the cycle forward in 2024, even if the broader economy slows, according to ACT Research. read more

Odessa Adds Pearce as SVP of Product to Lead ‘Everything as a Service’

Odessa hired John Pearce as senior vice president of product to lead its ‘everything as a service’ (XaaS) solutions platform. Pearce joined Odessa from Chargebee, where, as vice president of product management, he helped customers automate their subscription revenue businesses. read more

PEAC Solutions Hires Podlesny as Vice President of Human Resources

PEAC Solutions hired Catherine Podlesny as its new vice president of human resources. In this capacity, she will be responsible for all aspects of human resources within the U.S. market for the company, including compensation and benefits, workforce planning, recruitment, training and organizational development. read more

Rinaldi Advisory Services Donates to and Partners with MedShare

Rinaldi Advisory Services entered a philanthropic partnership with MedShare, a 501c(3) humanitarian aid organization that sources and delivers surplus medical supplies and equipment to communities in need around the world. read more

Apex Commercial Capital Goes Live with Leasepath Enterprise

Apex Commercial Capital has gone live with Leasepath Enterprise, Leasepath’s cloud-first equipment finance lifecycle platform powered by Microsoft Dynamics 365 and the Power Platform. read more

Trinity Capital Appoints Kaeding Managing Director in Life Sciences Division

Trinity Capital appointed Ryan Kaeding managing director of life sciences in San Diego. Kaeding, a veteran in the venture ecosystem, has been supporting venture capital-backed growth-stage companies for more than 20 years. read more

EquipmentShare Recognized for Commitment to Veteran Employment

EquipmentShare, an equipment rental and equipment asset management company, was recognized with the 2023 Military Times Best for Vets and the 2023 HIRE Vets Medallion awards. read more

Houlihan Expands Transaction Opinions and Board Advisory Capabilities with Senior Hires

Houlihan Lokey hired Keith Kushin as a managing director in its transaction opinions and board advisory practices. Kushin is based in New York and will expand the firm’s transaction opinions services for its clients in North America. read more

BMO Arranges Green Financing for Trinity College’s Centre for Sustainability

Trinity College secured a labelled green loan for the Lawson Centre for Sustainability. Arranged by BMO, the green loan will be used to finance the construction of the new mass timber, zero carbon, LEED platinum multi-use building. read more

First Citizens Bank Equipment Finance Names Shanks Head of Business Development

First Citizens Bank’s equipment finance business named Joy Shanks senior vice president and head of business development dedicated to supporting and growing equipment finance vendor acquisition business. read more

CLFP Foundation Adds 10 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation is pleased to announce that 10 individuals who recently sat through the 8-hour online proctored CLFP exam, have passed. read more

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