Following a strategic review of the company’s business units, Element Financial will split into two publicly traded companies: a $19.5 billion fleet management company and a $7 billion commercial finance company. read more
FEB 16, 2016 - 7:46 am
Element Financial plans to release its Q4/15 quarterly and fiscal 2015 year-end financial results on March 2, 2016, but noted originations are expected to be about $2.6 billion for the quarter, up over 50% compared to $1.67 billion in Q4/14. read more
FEB 3, 2016 - 7:39 am
Element Financial confirmed that it is proceeding with the strategic review of the company’s Canadian Commercial and Vendor Finance business vertical that it initiated in October of 2015. read more
JAN 7, 2016 - 6:55 am
Element Financial closed the issuance of $1.7 billion in term notes through Chesapeake Funding II. read more
DEC 31, 2015 - 7:00 am
Element Financial closed Chesapeake Funding II, the new $4.8 billion rated asset backed security funding conduit that Element has established as the permanent funding platform for its U.S. fleet management business. read more
DEC 17, 2015 - 7:46 am
Element Financial reported Q3 and year-to-date originations of $1.9 billion and $5.1 billion, respectively were up 60.9% and 68.7% compared to the same periods one-year ago. read more
NOV 11, 2015 - 7:03 am
According to Australian Transport News, Australian firm Custom Fleet is transforming into a focused commercial vehicle services provider as part of Element Financial’s expansion of its overseas operations. read more
OCT 30, 2015 - 7:30 am
Telogis and Element Fleet Management announced a global agreement to bring Telogis' connected vehicle technologies and mobile worker applications to Element's commercial fleet customers. read more
OCT 28, 2015 - 7:07 am
Monitor publisher, Jerry Parrotto, catches up with Steve Hudson and Brad Nullmeyer of Element Financial. Driven by innovation, opportunity and a customer-centric business model, Element has quickly risen from a small regional player to one of the largest fleet management and equipment finance companies in North America. Hudson and Nullmeyer share their story of success and provide a peek of what lies ahead.... read more
September/October 2015
Element Financial initiated a series of steps that will accelerate the transformation of the company into North America’s leading fleet management and services enterprise with complementary commercial finance operations. read more
OCT 15, 2015 - 7:40 am
Trinity Industries, through its wholly-owned subsidiary, TrinityRail Asset Management Company, announced the extension of its strategic railcar alliance with Element Financial. read more
OCT 15, 2015 - 7:29 am
Element Financial said it closed the acquisition of GE Capital’s fleet management operations in Mexico, Australia and New Zealand. Element’s fleet management business now accounts for 70% of the company’s total earning assets. read more
OCT 1, 2015 - 7:05 am
Element Financial received an initial issuer rating of BBB from DBRS and was also awarded a rating of R-2 (middle) on its short-term instruments and a rating of Pfd-3 on its perpetual preferred shares. read more
SEP 25, 2015 - 7:04 am
Element Financial expanded the leadership team for its fleet management business in North America, partially through the addition of talent from the recent acquisition of the GE’s U.S. Fleet Services business. read more
SEP 14, 2015 - 6:57 am
Canadian equipment finance giant Element Financial declared four quarterly preferred share dividends. read more
SEP 8, 2015 - 7:50 am