News

DLL Closes Second Securitization, Notes Backed by $896.5MM Loans & Leases

DLL and AGCO closed DLL 2018-1 for $824.38 million. The securitization transaction is the second for DLL and follows its initial securitization in November 2017 of $501.5 million. read more

Chesswood Reports 25% Increase in Q1 Earnings; Sets NBV Record

Chesswood Group reported net income of $5.9 million in Q1/18, which was up more than 25% compared to $4.7 million a year earlier. Q1/18 originations were a record $94 million, up 19% compared to $79 million in Q1/17. read more

I Squared Capital to Acquire European Trailer Leasing Company

I Squared Capital, an independent global infrastructure investment manager, signed an agreement to acquire a 100% interest in TIP Trailer Services, a pan-European and Canadian trailer leasing company. read more

LeaseAccelerator, RSM Partner on Middle Market Lease Accounting Solution

RSM, a provider of audit, tax and consulting services for the middle market, joined LeaseAccelerator’s partner program. read more

Avolon Extends $4.75B Term Loan B Facility to 2025, Reduces Margin

International aircraft leasing company Avolon repriced and extended its senior secured $4.75 billion Term Loan B facility. read more

Accruent Lease Accounting Solution Earns Expanded FASB/IASB Verification

Accruent, a provider of physical resource management solutions, expanded the verification process of its lease accounting and administration solution with respect to the new FASB and IASB standards. read more

CSI Names Three Sales Officers to SVP Roles

CSI Leasing promoted Deb Swink, Dan Toscano and Tim Tucker to senior vice president roles. read more

Key Equipment Finance Provides Financing for Solar Project In Maui

Key Equipment Finance’s Energy Solutions team provided financing for Kenyon Energy’s South Maui, HI project. read more

Hitachi’s Pavliscak Named to Detroit Notable Women in Finance List

Candi Pavliscak, senior vice president and chief risk officer for Hitachi Business Finance, was featured in Crain’s Detroit Business as one of the most Notable Women in Finance. read more

Government Leasing Closes $2MM in Equipment Leases for Federal Agencies

Government Leasing closed $2 million in equipment leases for The Corp of Engineers and the National Guard. read more

Accord Financial Promotes Keating to President & CEO

Accord Financial promoted Terry M. Keating from executive vice president to president and CEO. read more

OnDeck Reports Lower Q1 Loss on Substantial Drop in Provision Charges

OnDeck reported a Q1/18 net loss of $1.9 million, which was down from a net loss of $11.1 million in Q1/17 as provision charges were $9.9 million lower compared to a year earlier. read more

Fleet Advantage Report Examines Effect of Tax & Accounting Changes

Fleet Advantage released a report illustrating key business provisions and practical implications of tax and accounting updates and how they affect Class-8 truck procurement and the lease versus buy decision. read more

Abramson and Liberatore Win ELFA Award for Legal Excellence

The ELFA awarded Stewart G. Abramson, senior managing counsel at Wells Fargo Equipment Finance, and Dominic A. Liberatore, deputy general counsel at DLL, the Edward A. Groobert Award for Legal Excellence. read more

National Leasing to Become CWB National Leasing

National Leasing intends to change its name to CWB National Leasing on June 4, 2018. read more

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Terry Mulreany
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