News

Commercial Chapter 11 Filings Fall 12% in August

According to the American Bankruptcy Institute, the 361 commercial chapter 11 filings in recorded in August 2018 were down 12% from the 412 commercial chapter 11 filings in July. read more

Signature Expands San Francisco Banking Office

Signature Bank expanded its new San Francisco office with the addition of two private banking teams. Dale Zeigler and Sumiko Sheaffer were each named group director, SVP and will lead their own teams. read more

ATA: Freight Forecast Projects Continued Growth for Trucking

American Trucking Associations released the latest edition of its Freight Forecast, with freight volumes projected to increase 4.2% in 2018 and increase 35.6% by 2029. read more

IDS Releases Portfolio Management System InfoLease 10.5

International Decision Systems expanded the core capabilities of its portfolio management solution, InfoLease. read more

Americorp Financial Launches New Brand, Website

Americorp Financial launched a new logo, brand and website designed to provide a fresh perspective for manufacturers needing a flexible commercial equipment financing program for their products. read more

Summit Funding Upgrades to LTi’s ASPIRE v5

Summit Funding Group committed to upgrade to LTi Technology Solutions’ ASPIRE v5 as its end-to-end lease and loan management platform. read more

Ritchie Bros. Sell Over $60MM in Equipment at September Auction

Ritchie Bros. sold over C$78 million ($60 million) in equipment to more than 1,000 consignors at the company’s September auction in Edmonton, AB. read more

DLL Supports T-Mobile Apple Leasing Program

T-Mobile launched an iPhone and iPad leasing for business program that will extend financing from Apple funded through DLL Group. read more

North American Class 8 Orders Hit All-Time High in August

According to ACT Research, preliminary North America Class 8 net order data show the industry booked 53,100 units in August, breaking the all-time record set last month. read more

Chiron Advises Seville on GNCU Equipment Financing

Chiron Financial served as the exclusive investment banker to Seville Farms in the placement of real estate and equipment financing with the Greater Nevada Credit Union. read more

Commonwealth Capital Certified as Women’s Business Enterprise by WBENC

Commonwealth Capital, a diverse equipment leasing company, was recertified as a Women’s Business Enterprise by the Women’s Business Enterprise Council of Pennsylvania, Delaware and South New Jersey. read more

LaSalle Engineer Pfau Named Cisco Most Strategic Partner Engineer

LaSalle Solutions Lead Engineer Dave Pfaa received the Cisco award for Most Strategic Partner Engineer. Cisco presented the award on at its FY18 Partner Awards in Las Vegas in August. read more

Crestmark Closes More Than $31MM in Transactions in H2/August

Crestmark secured more than $31.046 million in financial solutions with 16 transactions for 14 new clients in the second half of August 2018. read more

Fleet Advantage COO/CTO Griffin Selected as Finalist for Tech Awards

Fleet Advantage COO and CTO James Griffin was selected as a finalist for the South Florida Business Journal’s 2018 Technology Awards. read more

ACT Research: Diesel Still Dominant as Alternative Fuel Offerings Grow

The latest North American On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, highlighted alternative fuel activity for CV GVWs 5-8, including forecasts of engines volumes and product trends. read more

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Terry Mulreany
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