Economic improvement in the United States will continue in 2024, say the nation’s purchasing and supply management executives in the December 2023 Semiannual Economic Forecast. Revenues are expected to increase in 15 of 18 manufacturing industries and 16 of 18 services-sector industries. read more

DEC 18, 2023 - 7:41 am

LeaseAccelerator, released the industry's first enterprise emissions analysis and reduction software for leases and assets, LeaseAccelerator Net Zero Asset Manager, along with an Early Access Program to help clients measure and reduce emissions in 2024. read more

DEC 18, 2023 - 7:39 am

Griffin Global Asset Management and Bain Capital through their joint venture agreed to purchase and leaseback of ten Boeing 737-8 aircraft to Air India Express, a subsidiary airline of Air India. read more

DEC 18, 2023 - 7:37 am

Umpqua Bank and parent company Columbia Banking System announced the nonprofit recipients of $1 million in local grants to mark their respective 70th and 30th anniversaries, including $700,000 to organizations in South Puget Sound, Portland Metro and Douglas County, OR. read more

DEC 18, 2023 - 7:35 am

UnidosUS, the nation's largest Latino civil rights and advocacy organization and Wells Fargo launched a program designed to make progress toward a more equitable, affordable and accessible financial system for all. read more

DEC 18, 2023 - 7:32 am

American Industrial Transport, an affiliate of ITE Management, completed the acquisition of certain of the railcar assets and operations formerly owned by rail leasing company SMBC Rail Services. read more

DEC 15, 2023 - 6:50 am

Frederick O. Terrell will join Wells Fargo’s corporate and investment bank as vice chairman of investment banking on Jan. 2. Terrell will join from Centerbridge Partners, where he served as a senior advisor focused on the financial services and technology sectors. read more

DEC 15, 2023 - 6:48 am

SLR Equipment Finance hired Jeffrey Schaefer as associate vice president of direct sales. Schaefer began his career with North America Commercial Financing but spent most of his career with IBM Credit before most recently serving with Odin Advisory. read more

DEC 15, 2023 - 6:47 am

Leasepath, a cloud-based software provider for the equipment finance industry, announced that MyMates Finance, an Aspire42 company, is the first customer in Australia to go live with Leasepath Enterprise, Leasepath’s new back-office solution built for customer lifecycle and portfolio servicing. read more

DEC 15, 2023 - 6:46 am

Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by Blue Bridge Funding 2023-1 LLC (Blue Bridge 2023-1), Blue Bridge Financial’s first equipment ABS transaction. read more

DEC 15, 2023 - 6:42 am

Penske Logistics appointed Jeff Jackson its new president in advance of the planned retirement of Marc Althen. Jackson is a longtime Penske leader with more than 28 years of experience in the transportation industry. read more

DEC 15, 2023 - 6:41 am

Air Lease delivered two new Airbus aircraft to Sunclass Airlines, a Danish charter airline that operates charter services from Norway, Sweden, Denmark and Finland. Both aircraft delivered to Sunclass Airlines on long-term lease from Air Lease’s order book with Airbus. read more

DEC 15, 2023 - 6:35 am

Mitsubishi HC Capital America partnered with IT networking, cloud and consulting services provider 954 Consultants to provide a supply chain financing solution to support the company’s expansion in the commercial and government sectors. read more

DEC 15, 2023 - 6:34 am

Encina Private Credit appointed Mike Hensinger CEO, effective immediately. Hensinger also joined the company’s board of directors. John Ryan, founding CEO of Encina Private Credit, will continue to play a role with the company as chairman of the board of directors. read more

DEC 14, 2023 - 7:34 am

The Federal Reserve stated on Wednesday that it will once again maintain the target range for the federal funds rate between 5.25% and 5.5% just as it did in September and November. In addition, as reported by CNN, the Fed is projecting “three quarter-point cuts in 2024.” read more

DEC 14, 2023 - 7:04 am