Fleet Advantage reported continued growth for its fiscal year ending June 30, as it notched more than $1 billion in lease originations during the year. read more
AUG 8, 2023 - 6:52 am
Honour Capital hired Sarah Zeiher as vice president of strategic operations and technology. Zeiher has spent more than 20 years working as an operations leader within various financial and banking roles. She previously worked for Wells Fargo and CoBank. read more
AUG 8, 2023 - 6:51 am
TIAA Bank’s vendor equipment finance team reported increased demand and growth for the first half of 2023, as from January to June, the team’s booked volume increased by 15%, following a 29% increase during the same time period in 2022. read more
AUG 8, 2023 - 6:50 am
Gibraltar Equipment Finance, an affiliate of Gibraltar Business Capital, provided a $1 million finance lease to a transportation maintenance contractor to support the acquisition of rolling stock and other equipment assets. read more
AUG 8, 2023 - 6:49 am
XS Financial, a specialty finance company that provides capex and equipment financing solutions to cannabis companies in the U.S., entered into a new lease with PharmaCann for $7.6 million. read more
AUG 8, 2023 - 6:48 am
According to Sandhills Global, inventory increases across multiple used equipment industries, including used farm equipment, tractors, construction equipment, heavy-duty trucks and semitrailers, are leading to a downward trend in auction values as well as a widening gap between asking and auction values. read more
AUG 8, 2023 - 6:47 am
TBF Financial is celebrating 25 years in business this year. Robert Boehm and his sons, Brett and Adam, founded the company in 1998 with the goal of pioneering commercial debt buying in the equipment leasing industry. read more
AUG 8, 2023 - 6:45 am
Leasepath launched two new features, as it now offers Microsoft Copilot, an enterprise-grade conversational artificial intelligence solution, and a real-time Microsoft Teams collaboration capability within its platform. read more
AUG 7, 2023 - 6:55 am
The Equipment Leasing and Finance Association announced plans for the second annual ELFA Equity Forum to celebrate and advance diversity, equity and inclusion in the equipment finance industry. The forum will be held from Sept. 13-14 in New Orleans. read more
AUG 7, 2023 - 6:54 am
Equity Bancshares, the Wichita, KS-based holding company of Equity Bank, promoted Chris M. Navratil to CFO to replace Eric R. Newell, who decided to resign from the position. read more
AUG 7, 2023 - 6:52 am
Embraer delivered a total of 47 jets in Q2/23, including 17 commercial aircraft and 30 executive jets (19 light jets and 11 midsize jets). The company’s second quarter deliveries were 47% higher than in the same period from 2022. read more
AUG 7, 2023 - 6:50 am
According to ACT Research, electric conversion of the commercial vehicle sector will require a very coordinated effort between vehicle acquisition and supporting charging infrastructure to ensure adequate charging infrastructure is in place to support fleet needs. read more
AUG 7, 2023 - 6:48 am
Commercial aircraft leasing and alternative asset management business Griffin Global Asset Management announced the purchase and leaseback of one Airbus A320neo aircraft on long-term lease to Aer Lingus. The aircraft was delivered on July 28. read more
AUG 7, 2023 - 6:46 am
DealerCenter, an automotive dealer management system, is partnering with Westlake Capital Finance, a commercial lending entity of Westlake Technology Holdings, to provide buy here pay here (BHPH) dealers a line of credit to finance their customers directly. read more
AUG 7, 2023 - 6:45 am
X4 Pharmaceuticals, a provider and developer of novel small-molecule therapeutics to benefit people with rare diseases of the immune system, closed a $115 million loan facility with Hercules Capital. read more
AUG 7, 2023 - 6:42 am