Equipment Finance Related Content

ELFA: November New Business Volume Down 7%, YTD New Business Volume Down 6%

According to the ELFA, overall new business volume for November was $7.3 billion, down 7% year over year from new business volume in November 2019. Year to date, cumulative new business volume was down almost 6% compared with 2019. read more

The Alta Group Partners With Reimagine Advisors

The Alta Group and Reimagine Advisors entered a partnership that will enable them to bring technology solutions to clients seeking a competitive advantage in the digital-first economy. read more

Encina Delivers $20MM Equipment Lease to Global Data Center Operator

Encina Equipment Finance provided a $20 million equipment lease to a global data center operator. The three-year lease is being used to finance new equipment. read more

ELFF: Equipment Investment Growth to Outpace U.S. GDP Growth in 2021

Annual equipment and software investment will grow 7.8% in 2021, while annual U.S. GDP will grow 4.7%, according to a report from the Equipment Leasing & Finance Foundation. read more

What’s Next for Equipment Finance? Monitor Live+ Open for Registration

Monitor will host a free virtual event on May 20 featuring moderator Vince Belcastro and panelists David Normandin, Miles Herman and Tom Depping who will discuss what lies ahead for the equipment finance industry. read more

Pandemic Planning: Muddy Waters or New Waves for Equipment Finance?

The coronavirus COVID-19 outbreak has shown us how rapidly pandemics can alter public health and global markets. How quickly we recover from these events depends in large part on collaboration from every sector, including the equipment leasing and finance industry. ... read more

Resolvion Launches COVID-19 Support & Risk Mitigation Service for Equipment Lenders

Resolvion, a skip tracing and repossession management company, launched a new service designed to help lenders manage the flood of deferral/modification requests and, at the same time, better manage the emerging default risk caused by the COVID-19 crisis. read more

Bank of the West Names Egitton ELS Sales Manager, Equipment Finance

Bank of the West named Joe Egitton ELS sales manager within its Equipment Finance Division. read more

Monitor’s NextGen Issue Nominations Close Tomorrow

Nominations for Monitor’s NextGen Issue, which will focus on up and coming leaders in the equipment finance industry, close at midnight on March 27. read more

Sook Joins First Business Equipment Finance Team

First Business Equipment Finance, a subsidiary of First Business Bank, hired David Sook as senior vice president of Equipment Finance. read more

The Problem Solver

Jeff Bell and his team at Key Equipment Finance were some of the earliest adopters of data analytics for use in sales. He expands on some the advantages analytics bring to the table and why they can be so useful for sales reps.... read more

CEMC & ELFA Partner to Promote Market Tech Innovation

CEMC partnered with ELFA to promote the significance of technology innovation on the health and continued evolution of the equipment finance marketplace. read more

Stonebriar Commercial Finance Taps IDScloud for Portfolio Management

Stonebriar Commercial Finance tapped IDScloud to provide Software-as-a-Service for portfolio management solution for its equipment finance portfolio. read more

Keeping 2020 in Sight: Equipment Finance Executives Weigh in on the Top Trends for the Coming Year

Matt Tallo

The beginning of a new year is always filled with predictions and outlooks. For those looking to read into the future and opine on the past, the end of this decade seemed to offer us all ample opportunity to reflect.... read more

Equipment Finance Drives Investors Bancorp Q4/19 Non-Interest Income Increase

Investors Bancorp reported net income of $48.7 million. Total Q4/19 non-interest income was $20.5 million, an increase of $5.7 million primarily due to a $2.6 million increase in its equipment finance portfolio. read more

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