Equipment Finance Related Content

ELFA: December New Business Volume Rises 66% M/M Despite 6% Y/Y Decline

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, overall new business volume for December 2020 was $12.1 billion, which was down 6% year over year from December 2019. However, volume was up 66% compared with November 2020. read more

ELFA Releases Top 10 Equipment Acquisition Trends for 2021

The Equipment Leasing and Finance Association revealed its top 10 equipment acquisition trends for 2021. Among these, the ELFA predicts capital spending will show positive growth and that digitalization will be pervasive in the post-COVID-19 equipment finance environment. read more

Alliance Funding Group Launches New Website Domain, Logo, Brand Identity

Alliance Funding Group (AFG), a privately-held equipment finance company, launched a new website domain, logo and brand identity. The company's new website domain is afg.com.  read more

CoreTech’s Hall, Broadwell, Cortez and Wallace Achieve CLFP Designation

CoreTech Leasing announced that four of its employees recently achieved the Certified Lease & Finance Professional designation, including Amy Hall, director of lease administration; Heather Broadwell, lease administrator; Jose Cortez, accountant; and Robert Wallace, senior account and portfolio manager. read more

Equipment Finance Industry Confidence Steady in January at Pre-COVID-19 Levels

According to the Equipment Leasing & Finance Foundation’s January 2021 Monthly Confidence Index for the Equipment Finance Industry, confidence in the equipment finance market is 59.6, unchanged from the December index and in line with pre-COVID-19 pandemic levels. read more

Tamarack Introduces Equipment Finance Assessment Service in Partnership with Hunter & Co

Tamarack Consulting partnered with Hunter & Company to offer assessments of equipment finance operation systems and workflows. read more

People’s Capital and Leasing Promotes Mengacci to SVP, Industrial Division

People’s Capital and Leasing promoted Jim Mengacci from vice president of sales to senior vice president of the company’s industrial division. Mengacci has more than 10 years of industry experience and will be responsible for relationship management and business growth. read more

NFS Leasing Adds McCray as General Counsel

Jonas D.L. McCray joined NFS Leasing as vice president and general counsel. Prior to joining NFS Leasing, McCray was a senior attorney in the corporate, restructuring and bankruptcy groups at Greenberg Traurig. He also previously served as general counsel and senior vice president at Salus Capital Partners. read more

Oakmont Capital Partners with Quaint Oak Bank to Expand Lending Capabilities

Oakmont Capital Holdings entered a partnership with Quaint Oak Bank. As a direct, independent lender, Oakmont Capital Holdings will expand its lending lines as it attempts to further solidify its position in the equipment finance industry. read more

Wintrust Specialty Finance Hires Chris Fowler as VP of Business Development

Wintrust Specialty Finance hired Chris Fowler as vice president of business development. With more than 30 years of experience in finance and equipment sales, Fowler most recently worked at Key Equipment Finance as vice president of national sales and business development. read more

Dext Capital Adds Girshek as VP of Sales

Dext Capital added Steve Girshek as vice president of sales. Girshek is a sales professional with experience in healthcare financing. He will focus on building relationships with medical providers and vendors. read more

Last Call for Monitor’s Most Innovative Companies Nominations

The deadline to submit nominations for Monitor’s Most Innovative Companies is Jan. 11, 2021. The most innovative companies in the equipment finance ecosystem will be celebrated in Monitor’s very first issue of 2021, which will focus on Innovation. read more

Szopa Joins 36th Street Capital as Director of Capital Markets and In‐House Counsel

36th Street Capital Partners, an independent provider of equipment financing solutions, appointed Christopher Szopa director of capital markets and in-house counsel. Szopa previously served as president of the equipment finance division at Independent Bank. read more

Encina Equipment Finance Provides $10MM Lease Line to Consumer Products Company

Encina Equipment Finance provided a $10 million equipment lease line to a consumer products company. The equipment lease line is being used to fund new equipment purchases. read more

North Mill Completes Q4 Capital Market Transactions, Increases Credit Availability to $205MM

North Mill Equipment Finance increased the size of its senior loan facility with Deutsche Bank to $125 million to support 2020 originations. Additionally, North Mill closed a new $50 million senior loan facility with Truist Bank in December. The new loan facility increased North Mill’s total credit availability to $205 million. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com