New business volume increased 7.4% in 2021, according to the 2022 Survey of Equipment Finance Activity released by the Equipment Leasing and Finance Association. read more

JUL 18, 2022 - 7:18 am

Marty Gutter, founder of Gramercy Leasing Services, passed away on July 11, 2022 in Boca Raton, FL. Gutter is survived by his wife, Joan; his sons, Stuart and Michael; and four granddaughters. read more

JUL 18, 2022 - 7:16 am

The Certified Lease & Finance Professional (CLFP) Foundation added 16 individual new CLFPs that have passed the eight-hour online proctored CLFP exam. read more

JUL 18, 2022 - 7:13 am

Stonebriar Commercial Finance funded an additional $30 million lease with one of its long-standing customers, the third transaction provided for this customer since 2016. The lease proceeds were used to acquire new equipment to expand production capabilities. read more

JUL 18, 2022 - 7:10 am

Preliminary used Class 8 retail volumes rose 6% month-over-month but were 39% lower compared to June of 2021, according to ACT Research. Compared to June 2021, the average retail price was 50% higher. read more

JUL 18, 2022 - 7:08 am

Marshall O. Dworkin and Rohan Maitra have joined the law firm of Moritt Hock & Hamroff as associates. Dworkin has joined the firm's litigation practice group, resident in the New York City office. Maitra has joined the firm's secured lending and finance practice group, resident in the New York City office. read more

JUL 18, 2022 - 7:07 am

Preliminary net trailer orders in June were 15,300 units, down about 21% from the previous month, but up a significant 33% from the same month last year, according to ACT Research. read more

JUL 18, 2022 - 7:05 am

AllTranstek restructured its technical services department with the promotions of Steve McCullough, Jim Dinell and Mike Tait. read more

JUL 18, 2022 - 7:03 am

Bob Stalfort joined Summit Funding Group as a regional sales manager for the west region, where he will specialize in the construction and material handling markets. read more

JUL 15, 2022 - 7:25 am

Stonebriar Commercial Finance closed a $77 million TRAC lease with a premier long-haul waste transportation provider serving a broad range of commercial waste management companies. read more

JUL 15, 2022 - 7:23 am

TimePayment appointed Paul Braspenninckx as vice president of sales, diversified industries. read more

JUL 15, 2022 - 7:20 am

Citizens Financial Group agreed to purchase select assets and liabilities of Paladin Advisors, headquartered in Kensington, NH. The transaction is expected to close in Q3/22. read more

JUL 15, 2022 - 7:18 am

According to a new quarterly report from CoBank’s Knowledge Exchange, after more than two years, Covid-related supply chain complications are finally easing and various metrics indicate improvements to supply chain performance both domestically and globally. read more

JUL 15, 2022 - 7:16 am

CDB Aviation executed a sale-leaseback agreement for two Airbus A320neo aircraft with a new customer in the Middle East, Kuwaiti carrier Jazeera Airways. read more

JUL 15, 2022 - 7:15 am

According to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, ACT lowered their GDP forecast, but continues to believe there is demand, and built-up purchasing power among consumers, albeit mitigated by inflation, to support growth in 2022. read more

JUL 15, 2022 - 7:14 am