News

GECAS Appoints Conlon to Company President & CEO

Greg Conlon has been promoted president and CEO of aviation lessor GECAS. Alec Burger will continue as president and CEO of GE Capital while serving as chairman of GECAS. read more

Nine IDS Team Members Achieve CLFP Designation

Nine team members of asset finance technology provider IDS successfully completed the required coursework and passed the certification testing to receive their CLFP designation. read more

J.D. Power: TD Bank Top Small Business Banker in the South

TD Bank ranked highest in small business banking in the South Region, according to the 2019 J.D. Power Small Business Banking Satisfaction Study. read more

Spencer Joins Bank of Ann Arbor as Chief Information & Innovation Officer

Rich Spencer joined Bank of Ann Arbor, the parent company of UniFi Equipment Finance, as senior vice president and chief information and innovation officer. read more

Capital One: Healthcare Services Execs Predict Strong 2020

A Capital One annual survey revealed that healthcare services executives continue to have an optimistic outlook for business performance heading into 2020. read more

FASB Appoints Zabreyko to Emerging Issues Task Force

The Financial Accounting Standards Board appointed Aleks Zabreyko to its Emerging Issues Task Force, effective immediately. read more

Chris Walker Education Fund Raises Over $16K at NEFA Conference

The Chris Walker Education Fund Committee, in conjunction with NEFA, held a successful fundraiser during the recent NEFA Funding Symposium, raising over $16,000 for the fund. read more

Arvest Equipment Finance Names Bates Credit Admin Manager

Jim Bates joined Arvest Bank as manager of credit administration for Arvest Equipment Finance, a division of the bank. read more

CLFP Foundation Adds 53 New CLFPs

Fifty-three individuals who recently sat through the 8-hour online CLFP exam have passed and joined the Certified Lease & Finance Professional Foundation. read more

Crestmark Completes $34.3MM in Financing in H2/October

Crestmark provided more than $34.3 million in commercial financing to 99 businesses in the second half of October 2019. read more

FSW Funding Hires Augustniak, Klein, Expands Midwest & Eastern Teams

FSW Funding hired Griffin Augustniak as a portfolio analyst in Chicago and Cynthia Klein as a business development officer in Jacksonville, FL. read more

Utica EF Finances $2MM Lease Line for Rental Car Company

Utica Equipment Finance completed the funding of a capital lease line up to $2 million for a for-hire vehicle rental car company. read more

CIT Agents $80MM Revolver for AerFin Holdings

CIT Group’s Aerospace, Defense and Government Services business served as administrative agent on an $80 million senior secured revolving credit facility for AerFin Holdings. read more

MidCap Business Credit Closes $5MM ABL Facility for Blonder Tongue

MidCap Business Credit completed a $5 million asset-based credit facility for Blonder Tongue Laboratories. read more

Wells Fargo Names Kennedy Head of Business Continuity & Resiliency

Wells Fargo named Christel Kennedy head of Business Continuity and Resiliency, effective December 2. Kennedy will be based in New York and report to Saul Van Beurden, head of Technology. read more

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Terry Mulreany
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