Aircraft lessor AerCap delivered its first Airbus A321 Passenger-to-Freighter aircraft to IndiGo. The aircraft conversion was completed by Elbe Flugzeugwerke (EFW) before being delivered to IndiGo at ST Engineering Aerospace in Singapore. read more
NOV 6, 2023 - 6:05 am
The Federal Reserve announced on Thursday stated that it will maintain the target range for the federal funds rate between 5.25% and 5.5%. The Fed made a similar decision in September, pausing its run of hikes aimed at curbing rising inflation that began in March 2022. read more
NOV 3, 2023 - 7:06 am
XCMG America Financial promoted Joe Bellanca to vice president of risk and program management. Bellanca will be responsible for spearheading XCMG America Financial’s risk management strategies and overseeing financing program development and execution. read more
NOV 3, 2023 - 7:04 am
Kroll Bond Rating Agency assigned ratings to eight classes of notes issued by SCF Equipment Leasing 2023-1 LLC and SCF Equipment Leasing Canada 2023-1 Limited Partnership (collectively SCF 2023-1), an equipment ABS transaction from Stonebriar Commercial Finance. read more
NOV 3, 2023 - 7:02 am
Meridian Leasing launched TrueFlex Finance, a family of equipment finance offerings made up of six distinct products each aimed at a specific financing model. read more
NOV 3, 2023 - 7:00 am
There were 631 commercial Chapter 11 bankruptcy filings registered in the U.S. in October, an increase of 106% from the 306 filings registered in October 2022, according to data provided by Epiq Bankruptcy. read more
NOV 3, 2023 - 6:58 am
Moritt Hock & Hamroff added B. George Walker as counsel and Amber J. Mannings and Jessica Huang as associates in the firm's litigation and dispute resolution practice groups, while Brady M. Foster joined the firm's secured lending practice group as an associate. read more
NOV 3, 2023 - 6:56 am
Griffin Global Asset Management announced the purchase and lease of one Airbus A320neo aircraft and one Airbus A321neo aircraft to Iberia, the flag carrier of Spain. Both aircraft were delivered last month. read more
NOV 3, 2023 - 6:55 am
Equipment rental company H&E Equipment Services acquired the equipment rental assets of Giffin Equipment, a California-based provider of non-residential construction and industrial equipment. read more
NOV 3, 2023 - 6:53 am
TomorrowZone and Tamarack Technology entered into a partnership to collaborate on programs and initiatives with the intent of advancing innovation and the adoption of new technology with customers in the equipment finance industry. read more
NOV 2, 2023 - 6:56 am
Sudhir Amembal, chairman and CEO of Amembal & Halladay, will be conducting a free webinar on Nov. 14 at 9 a.m. PT entitled "The 30 Extraordinary Benefits of Leasing." The webinar will have a specific focus on the benefits of the fair market value lease. read more
NOV 2, 2023 - 6:53 am
Mitsubishi HC Capital America is expanding its franchise finance division to leverage new growth opportunities, particularly by extending its current reach into brick-and-mortar franchises in the health and wellness, recovery and sports performance sectors. read more
NOV 2, 2023 - 6:51 am
Vicente Alava Pons joined Aviation Capital Group as a managing director on its aircraft financing solutions team. Pons has more than 27 years of experience in aircraft financing with organizations like DVB Bank, MUFG Bank and LR AirFinance. read more
NOV 2, 2023 - 6:49 am
Solifi unveiled the latest product releases for its Solifi Originations ROS and Portfolio Management ILS solutions for equipment finance. The new software releases provide enhancements to business management, efficiency and compliance. read more
NOV 2, 2023 - 6:48 am
Equipment Finance Cares will hold its next event on Nov. 15 from 1:30 to 7 p.m. PT in Scottsdale, AZ. Ascentium Capital is serving as host for the event. read more
NOV 2, 2023 - 6:45 am