Interest rates are putting the squeeze on SMB owners. What you need to know heading into 2024. According to a recent survey from the National Federation of Independent Business (NFIB), small and mid-sized business (SMB) owners are not feeling optimistic... read more
January 2024
The Equipment Leasing and Finance Association announced its new board of directors, who will serve during the next 12 months, at its 62nd annual convention. Rob Boyer, CLFP, president of First Commonwealth, is the new board chair. read more
OCT 25, 2023 - 7:12 am
The Equipment Leasing and Finance Association’s recent webinar, “Building Inclusive Workplaces: You’ve successfully recruited a diverse workforce, now what?” focused on an exploration of diversity, equity and inclusion principles. read more
SEP 11, 2023 - 7:03 am
The Equipment Leasing and Finance Association’s Equity Committee will host a webinar focused on fostering a more inclusive workplace on Aug. 30 at 1 p.m. ET. read more
AUG 25, 2023 - 7:03 am
Diversity, equity and inclusion efforts in the equipment finance industry have grown recently. Christopher Johnson, senior vice president and president of financial services at Pitney Bowes, and Michael Baez, vice president for professional services and customer strategy at Leasepath, spoke with Monitor about the importance of leadership in advancing these efforts. ... read more
Mar/Apr 2023
Pitney Bowes Financial Services provided more than $10 million in financing to two small business clients: New York City-based Ash NYC and Farmington, MI-located Digital Terrain. Pitney Bowes will deliver revolving lines of credit and term loans to the two businesses. read more
SEP 9, 2022 - 7:37 am
Pitney Bowes Financial Services signed a new credit facility for Medgluv, a manufacturer and distributor of healthcare supplies based in Coral Springs, FL. read more
APR 14, 2022 - 7:19 am
Pitney Bowes, a shipping and mailing company that provides technology, logistics and financial services, partnered with Funding Circle, an online small business lending platform, to provide loans to its small business customers. read more
MAR 23, 2022 - 6:33 am
Pitney Bowes Bank signed a term loan and accompanying revolving line of credit with Zion Delivery Service, a provider of last mile delivery support for national and regional carriers in Southern California. read more
FEB 10, 2022 - 6:23 am
Pitney Bowes appointed Tom Doherty vice president of lending services and products. Doherty joined Pitney Bowes from CIBC Bank, where he served as managing director and head of business banking. read more
OCT 8, 2021 - 5:39 am
According to the ELFA, overall new business volume in the equipment finance industry for February was $7.4 billion, up 9% year over year from new business volume in February 2020. Volume was down 9% month to month from $8.1 billion in January. read more
MAR 23, 2021 - 7:13 am
Pitney Bowes Bank signed a term loan and accompanying revolving line of credit with pharmaceutical ingredient wholesale distributor SST Corporation of New Jersey, providing consolidation of existing debt. read more
FEB 22, 2021 - 6:34 am
Wheeler Financial from Pitney Bowes closed a financing transaction with Choice Canning, which will use the capital generated by the transaction to invest in refrigerated vehicles for transportation at its production facility in Pittston, PA. read more
DEC 23, 2020 - 6:41 am
Pitney Bowes’ equipment finance subsidiary, Wheeler Financial, closed a financing transaction for Giuliante Machine Tool, a manufacturer of aerospace components. Giuliante will invest the capital in manufacturing technology. read more
DEC 11, 2020 - 6:59 am
The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming the members of the five committees representing key business sectors of the association membership. read more
NOV 24, 2020 - 7:14 am