Kroll Adds Edwards as Managing Director in Valuation Advisory Services

Brad Edwards joined Kroll, a provider of global risk and financial advisory solutions, as a managing director in the firm’s valuation advisory services practice based in Houston. read more

DLL Wins Leasing Life’s Vendor Finance Provider and ESG Initiative Awards

DLL received the 2022 Vendor Finance Provider and Best ESG/Sustainability Initiative of the Year awards from Leasing Life, a leasing industry journal in Europe, during the Leasing Life Conference & Awards event in Paris. read more

Equipment Finance Industry Confidence Eases Further in November

According to the Equipment Leasing & Finance Foundation, overall confidence in the equipment finance market is 43.7, a decrease from the October index of 45. The ELFF has reported a decrease in its confidence index in each of the last three months.  read more

Penske Truck Leasing Expands Use of Renewable Diesel with Shell

Penske Truck Leasing expanded its use of renewable diesel in California through a preferred supplier agreement with Shell Oil Products U.S. Penske will continue efforts to help reduce emissions across its truck rental, heavy-duty truck leasing and logistics fleet operations. read more

Ivory Consulting Upgrades Its Asset Management Solution

Ivory Consulting, a provider of equipment lease and loan software, software customizations and consulting services for the equipment finance industry, released substantial enhancements to its Asset Management Solution. read more

Mitsubishi HC Capital America Identifies Key Factors for Commercial EV Adoption

Mitsubishi HC Capital America identified six market factors to consider in electric commercial vehicle investment decision-making, including the need to provide creative financing solutions for customers to acquire trucks and related charging infrastructure. read more

Generational Capital Markets Advises Clay’s Transportation in Sale to P&S Transportation

Generational Capital Markets, a mergers and acquisitions advisor for privately held businesses, advised Clay's Transport and its sister entity, Clays Logistics, in its sale to P&S Transportation, a subsidiary of PS Logistics. The acquisition closed Oct. 31. read more

PECO Pallet Opens New Service Depot in Mississauga, CA

PECO Pallet, one of North America’s largest providers of rental pallet services to the beverage, grocery and consumer products industries, opened a new PECO service depot in Mississauga, ON. read more

SLR Equipment Finance Hires Williams as Chief Risk Officer

SLR Equipment Finance hired Shari Williams as chief risk officer. Williams joined SLR Equipment Finance with more than 30 years in the finance industry and more than 25 years of sound risk, investment and credit portfolio management experience. read more

Wintrust Commercial Finance Adds Thomas as Direct Originator of East Region

Wintrust Commercial Finance, a division of Wintrust Asset Finance, named Bryan Thomas a direct originator for its east region. Thomas will report to Keith Tornichia, vice president of new business development and east region manager. read more

Clarus Capital Completes $20MM Loan Facility for Business Services Provider

Clarus Capital completed a $20 million loan facility for a diversified, value-add business services provider. Clarus’ financing will support the acquisition of new data center assets and further enhances the services provider’s competitive position as a market leader in the data processing space. read more

California Bank of Commerce Creates New Specialty Banking Division

California Bank of Commerce (CBC) formed a new division to focus on existing specialty lines of business. Known as CBC Specialty Banking, the division will offer a broad asset-based lending platform branded as CBC Asset Based Lending. read more

Biz2Credit Small Business Study Finds IT Companies Ahead in Most Measures

A new study published by Biz2Credit found that information technology (IT) firms had the highest average revenue ($955,793) and the best average credit score (658) and received the highest average amount of financing ($131,743) when they sought credit in 2021. read more

Victor Finance Powers Digital Transformation with LTi’s ASPIRE

LTi Technology Solutions, a lease and loan cloud platform provider, announced Victor Finance is powering its digital transformation with the implementation of LTi’s ASPIRE platform. read more

Volvo Group and Pilot Company Partner to Develop Charging Network in NA

Volvo Group and Pilot Company, a North American-based company, signed a letter of intent for the development of public, high-performing charging infrastructure for medium- and heavy-duty electric vehicles. read more

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