Commercial Equipment Finance Related Content

ELFA Reports Increase in Equipment Demand from August to September

From August to September, demand for equipment picked up and bank lending drove new business growth, according to the Equipment Leasing and Finance Association (ELFA). read more

CLFP Foundation Adds 9 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation added nine individuals who recently sat through and passed the online proctored CLFP exam. read more

Commercial Equipment Finance Appoints Rios as President

Ricardo “Ricky” Ríos, chief operating officer of Commercial Equipment Finance since 2018, has been appointed president in addition to maintaining his role as chief operating officer. read more

M&T Bank Adds Delfi as Senior Vice President, Commercial Equipment Finance

Carmen Delfi, former senior vice president, operations of EverBank’s vendor equipment finance business, joined M&T Bank as senior vice president, commercial equipment finance, according to a LinkedIn post from Delfi. read more

Commercial Equipment Finance Notes Receive Credit Rating Upgrades from DBRS

DBRS Morningstar upgraded notes issued by Commercial Equipment Finance 2021-A, the securitization affiliate of Commercial Equipment Finance. read more

CEFI Sets Company Record for Originations, Increases Financing Volume by 68% in 2022

Commercial Equipment Finance (CEFI) reported its 2022 originations reached a company record $147 million. In addition, CEFI increased its financing volume by 68% in comparison with 2021 originations. read more

Ricardo E. Rios, CFA, CLFP: NextGen – Empowering Others for Success

Ricardo E. Rios, Chief Operating Officer of Commercial Equipment Finance (CEFI) has had great success in both Puerto Rico and the U.S. and is making a name for himself in the equipment finance industry. As a leader and mentor, Rios focuses on relationship building to find success.... read more

Equipment Finance Cares Hosts More Than 40 Industry Professionals at Latest Event in Cincinnati

Equipment Finance Cares held an event last week at Great American Insurance Group’s headquarters in Cincinnati. More than 40 equipment finance professionals representing 26 different organizations attended the event. read more

Equipment Finance Cares to Hold First Event of 2022 on April 26 in Cincinnati

Equipment Finance Cares will hold its first event of 2022 on April 26 from 1:30 p.m. to 6 p.m. EST at Great American Insurance’s headquarters in Cincinnati.  read more

CEFI Closes Inaugural ABS Transaction at $90.9MM

Commercial Equipment Finance (CEFI) closed a $90.9 million asset-backed security transaction. The company will use the proceeds to pay down existing warehouse lines and for general corporate purposes. read more

Equipment Finance Cares Forms Advisory Council

Equipment Finance Cares, an organization that showcases how equipment finance professionals and organizations are giving back to their local and national communities, formed an advisory council. read more

KeyBank Closes $35MM Credit Facility for Commercial Equipment Finance

KeyBank Specialty Finance Lending closed a $35 million credit facility for Commercial Equipment Finance (CEFI), an independent commercial equipment finance company headquartered in Puerto Rico. read more

ELFA Elects Members of 2021 Business Council Steering Committees

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

CEFI Partners with Fincura to Improve Commercial Financial Analysis

Fincura added Commercial Equipment Finance (CEFI), an independent commercial equipment finance and leasing company, to its family of customers. CEFI will use Fincura’s financial insight engine for financial analysis for new originations and portfolio monitoring. read more

ELFA Names New Board of Directors, Snow to Serve as Board Chair

The Equipment Leasing and Finance Association named its new board of directors, with Kristine A. Snow, president of Cisco System Capital, as the association’s new board chair and Michael DiCecco, president of Huntington Equipment Finance, as its new chair-elect. read more

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