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
DEC 21, 2020 - 6:48 am
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
DEC 17, 2020 - 7:09 am
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
MAY 12, 2020 - 7:05 am
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
May/Jun 2020
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
APR 7, 2020 - 6:40 am
Bank of the West named Joe Egitton ELS sales manager within its Equipment Finance Division. read more
MAR 30, 2020 - 7:00 am
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
MAR 26, 2020 - 6:50 am
First Business Equipment Finance, a subsidiary of First Business Bank, hired David Sook as senior vice president of Equipment Finance. read more
MAR 20, 2020 - 6:55 am
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
Nov/Dec 2019
CEMC partnered with ELFA to promote the significance of technology innovation on the health and continued evolution of the equipment finance marketplace. read more
MAR 5, 2020 - 6:50 am
Stonebriar Commercial Finance tapped IDScloud to provide Software-as-a-Service for portfolio management solution for its equipment finance portfolio. read more
MAR 3, 2020 - 7:00 am
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
February 2020
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
JAN 30, 2020 - 6:45 am
The Equipment Leasing and Finance Association revealed its Top 10 Equipment Acquisition Trends for 2020. read more
JAN 23, 2020 - 6:55 am
The global agricultural equipment finance market is expected to post a CAGR of more than 4% during the period 2019-2023, according to the latest market research report by Technavio. The popularity of equipment rental is increasing significantly worldwide owing to the... read more
APR 12, 2019 - 6:50 am