CoreTech Hires McDonald as Treasury Director

CoreTech, an independent technology and equipment lessor, hired Mike McDonald, CLFP, as the firm’s new treasury director. McDonald will be responsible for leading, building and strategically running the company’s treasury function. read more

Ivory Consulting Adds 11 New Customers in 2022

Ivory Consulting’s flagship product, SuperTRUMP, a solution for modeling and pricing leases and loans, was selected by 11 asset finance businesses in 2022. read more

First Citizens Bank Arranges $44.2MM in Debt Financing for Navios Maritime Partners

First Citizens Bank’s maritime finance business, part of the bank’s CIT division, served as sole lead arranger on $44.2 million in debt financing secured by product tankers for Navios Maritime Partners, which will use proceeds from the financing to refinance existing debt. read more

More Than 30% of Small Business Owners Applied for SBA Loans in 2022

According to a survey from Balboa Capital that asked small business owners about their Small Business Administration (SBA) loan borrowing practices and volumes in 2022, 31.25% of small business owners applied for SBA loans in 2022 and 61.9% of SBA loan requests were approved. read more

Maxim Commercial Capital Increases Originations, Launches New Credit Tier Program in 2022

Maxim Commercial Capital reported that it increased originations in each successive quarter of 2022 and also launched a new credit tier program for truck financing. read more

CoBank Appoints Lueders as Farm Credit Leasing President

CoBank, a bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the U.S., announced that Jason Lueders has been appointed as Farm Credit Leasing's president. read more

Syndifi Adds McCoy as Sales Enablement Manager, Gears Up for More Growth

Syndifi announced Heather McCoy joined the firm as the sales enablement manager. In her role, McCoy will act as the primary liaison with members of the sales team to ensure they are equipped with the right marketing resources and tools necessary to drive pipeline growth and success. read more

ELFA Appoints Preston-Laurent as Director of Diversity, Equity and Inclusion

The Equipment Leasing and Finance Association announced Eboni Preston-Laurent joined the organization as director of diversity, equity and inclusion. In this new role, Preston-Laurent will oversee and manage strategy development and implementation of the association’s DE&I initiatives. read more

360 Equipment Finance Names Morgan Chief Operating Officer

360 Equipment Finance appointed Jena Morgan, CLFP, as chief operating officer. In this role, Morgan will lead end-to-end operations of the business with a focus on technology advancements, continuous improvement and delivering exceptional customer service. read more

Quality Equipment Finance Reports Record Originations for 2022

Quality Equipment Finance experienced dramatic growth of 33% in origination volume year over year in 2022. Closed transactions totaled more than $125 million and were 99% sourced through third-party originators. read more

North Mill Unveils New Customer Portal

North Mill Equipment Finance, an independent commercial equipment lender located in Norwalk, CT, launched its online customer portal, a feature-rich digital platform designed to help the company’s nearly 15,000 customers self-manage their accounts 24/7. read more

MMP Capital Funds $297MM In 2022

MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, successfully funded $297 million for customers in 2022, a 45% increase year over year compared to 2021. read more

Advancing Women in Aviation Roundtable Honors Hara with the 2023 AWAR Trailblazer Award

Aviation Capital Group announced its executive chair, Mahoko Hara, received the 2023 Trailblazer Award from Advancing Women in Aviation Roundtable (AWAR). The Trailblazer Award was presented at the AWAR Annual Leaders luncheon in Dublin. read more

CLFP Foundation Announces Board of Directors

The Certified Lease & Finance Professional Foundation announced its 2023-2024 board of directors and executive committee. Lia Wax, CLFP, vice president of Financial Pacific Leasing, will serve as president of the board. read more

Ritchie List Surpasses More Than 75K Equipment & Vehicle Listings in 2022

Ritchie List, based on Ritchie Bros.' Mascus technology, grew its customer base by more than 300% last year and surpassed 75,000 active listings for equipment, vehicles and other assets. read more

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