News

Crossroads Equipment Lease and Finance Partners with TruckTractorTrailer.com

Crossroads Equipment Lease and Finance formed a partnership with TruckTractorTrailer.com (TTT). Under this new partnership, Crossroads will be the primary finance referral partner for TTT, offering financing and insurance options to its members. read more

New ELFF Study Examines Future Supply Chain Impacts on Equipment Finance

A new study commissioned by the Equipment Leasing & Finance Foundation identified three major economic trends that the equipment finance industry must adapt to, including China’s demographic collapse, the retirement of the baby boomer generation and the end of the globalized trade order. read more

Solifi Wins Digital Innovation of the Year Honor at Motor Finance Europe Awards

Solifi received an accolade at the ninth annual Motor Finance Europe Awards in the Digital Innovation of the Year (Technology Company), Retail Solutions/Vehicle Management category for its Open Finance Platform. read more

LTi Technology Solutions and Capteris Form Digital Transformation Partnership

LTi Technology Solutions and Capteris Capital entered a technology partnership and will work together with a shared commitment to Capteris’ digital transformation with LTi’s flagship platform, ASPIRE. read more

ELFA Names Bank Business Council Steering Committee Advocacy Champion Award Winner

The Equipment Leasing and Finance Association announced that the winner of its Advocacy Champions Award for 2023 is the association’s bank business council steering committee. read more

DLL Appoints Raison CFO

DLL appointed Grégory Raison to the position of CFO and member of the company’s executive board. Raison joined DLL from BNP Paribas, where he was CFO for international retail banking. read more

Acquis Launches in US, Madison to Lead to Expansion

Acquis, a provider of insurance solutions to the European leasing industry, will now provide its services in the U.S. Brian Madison, Acquis’ newly appointed managing director for North America, will be responsible for launching Acquis’ specialist insurance services in the U.S. read more

Stonepeak Acquires Textainer for $7.4B

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, entered into a definitive agreement to acquire Textainer Group, a lessor of intermodal containers in a transaction valued at $7.4 billion. read more

ELFF Launches Enhanced Talent Development Programs Through Campus to Career Platform

The Equipment Leasing & Finance Foundation launched Campus to Career, a newly enhanced platform of next generation talent development programs. The foundation also is partnering with Arizona State University to develop a curriculum for a certificate of study in equipment finance. read more

Dext Capital Reaches $1B Mark in New Originations

Dext Capital has reached $1 billion in new originations over its first five years of business operations. read more

Star Hill Financial Adds Turner as VP of Sales

Star Hill Financial added Libby Turner as vice president of sales. Turner will be responsible for increasing Star Hill’s presence in the U.S. equipment finance industry. She will work closely with vendors, manufacturers and end users, offering finance programs that work for all client’s needs. read more

Clarus Capital Increases Lease Financing Facility for Logistics Provider to $40MM

Clarus Capital completed an add-on to an existing equipment lease facility for a multi-sponsor backed specialty logistics services provider, increasing the facility to $40 million. read more

Capteris Closes $15MM Term Loan for Logistics Solutions Provider

Capteris closed a $15 million term loan with a North American logistics solutions provider.  The loan was part of a larger refinancing package.  read more

Verdant Commercial Capital Reaches $2B in Originations Since Inception in 2017

Verdant Commercial Capital has surpassed $2 billion in equipment financing originations since the company’s inception in 2017. This milestone means the company has reached its second billion in half the time it took to reach its first billion. read more

Santander Bank Unifies U.S. Commercial Businesses, Names Lee Head

Santander Bank unified its commercial and industrial business and its commercial real estate, equipment finance and vehicle financing business into one U.S. commercial bank under the leadership of Michael Lee. read more

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