The Wall Street Journal reported that the Senate passed a $484 billion bill designed to deliver aid to small businesses and hospitals, with $320 billion allocated to replenish the Paycheck Protection Program. read more

APR 22, 2020 - 7:00 am

IDS released a new IDScloud service to see portfolio risk correlated with COVID-19 infection rates and the location of financed assets. read more

APR 22, 2020 - 6:53 am

The AACFB has postponed its 2020 Annual Conference until September 1-3, 2020. The event will be hosted at the Marriott Wardman Park Hotel in Washington, D.C. read more

APR 22, 2020 - 6:40 am

Ascentium Capital reported a first quarter 2020 funded volume of $366.5 million, representing a 17.4% increase and $2.4 billion in managed assets. read more

APR 21, 2020 - 6:55 am

Tiger Group’s Valuation Services Division has issued COVID-19 risk assessment guidance for asset-based lenders on a wide range of consumer goods categories. read more

APR 21, 2020 - 6:35 am

Truck transportation showed relatively strong performance on restocking activity into the end of March, making ACT Research’s data largely transitional. read more

APR 21, 2020 - 6:30 am

Five key takeaways from the ELFA/ELFF webinar, which discussed the U.S. economy and equipment finance industry during COVID-19. read more

APR 20, 2020 - 6:55 am

Empower Equity has broadened its portfolio with over $2 billion in funding for small to mid-sized organizations to upgrade essential building equipment. read more

APR 16, 2020 - 5:40 am

Wells Fargo reported Q1/20 net income of $653 million, down 88.9% from net income of $5.9 billion in Q1/19. Revenue of $17.7 billion was down 18% from $21.6 billion year over year. read more

APR 15, 2020 - 6:55 am

Cisco Capital commits $2.5 billion to a new business resiliency program to help organizations mitigate financial challenges resulting from COVID-19. read more

APR 15, 2020 - 6:40 am

Preliminary used Class 8 volumes contracted 8% month-over-month in March, according the latest preliminary report by ACT Research. read more

APR 15, 2020 - 6:35 am

Half of chief financial officers surveyed by CFO expect a "V-shaped" recovery or a return to normal economic activity in Q3/20. Despite this positive outlook, 35% indicated headcount reductions. read more

APR 14, 2020 - 6:40 am

Gordon Brothers launched an Industry Brief, which provides an up-to-the-minute assessment of what the firm’s inventory, machinery and equipment, and intangibles experts see happening in multiple markets. read more

APR 14, 2020 - 6:35 am

The Financial Accounting Standards Board staff issued a Q&A document to address stakeholder questions on the application of the lease accounting guidance for concessions related to COVID-19. read more

APR 13, 2020 - 6:30 am

The President & CEO of AICPA applauded the Treasury and Internal Revenue Service for extending all tax-related filing and payment deadlines due between April 1 and July 15. read more

APR 13, 2020 - 6:25 am