Equipment Financing Related Content

Opportunity Amidst Risk: Delinquency Management in a Volatile Market

After a prolonged economic upswing, delinquencies and defaults are on the rise. Quentin Cote explores how we got here, outlines the essentials of proactive delinquency management and argues that returning to fundamentals today can set the stage for tomorrow’s growth.... read more

M&T Bank Promotes Weissmann to Line of Business Manager

M&T Bank promoted Scott Weissmann, a longtime veteran of the equipment finance industry, to line of business manager for M&T Commercial Equipment Finance, part of the M&T Equipment Finance Group. read more

Acquis Welcomes Curran as Business Development Manager

Acquis, a specialist insurance provider to the asset finance industry, has appointed Brendan Curran as business development manager. Based in Philadelphia, Curran will be responsible for driving forward Acquis’s expansion in the U.S. read more

Trinity Capital Provides $50MM in Equipment Financing to Electric Hydrogen

Trinity Capital committed $50 million in equipment financing to Electric Hydrogen, a manufacturer of electrolyzer systems that produce green hydrogen. read more

Fitch: European Equipment Leasing Resilient to Macro Pressure

Reduced economic and construction activity, and potential recession in some jurisdictions, could weigh on demand for European lessors’ equipment, Fitch Ratings said in its newly published peer report. read more

North Star Leasing Achieves Company Funding Record in 2020

North Star Leasing reported that it set company records in annual, quarterly and monthly funding in 2020. In all, North Star Leasing processed more than 6,600 applications totaling $236 million during the year. read more

Quality Leasing Posts 14% Y/Y Increase in Funding Volume in 2020

Quality Leasing reported record-breaking business volume for 2020, posting a 14% year-over-year increase in funding volume. Quality reported increases in new business volume, repeat customer funding, number of assets funded, average transaction size and total contracts booked for the year. read more

Accord Financial Expands Relationship with Fincura

Accord Financial broadened its use of Fincura’s new underwriting products across its business segments and financial products, including asset-based lending, equipment financing and small business financing. read more

Balboa Capital Becomes Member of the AACFB

Balboa Capital, a direct lender that specializes in small business loans and equipment financing, became a member of the American Association of Commercial Finance Brokers. Balboa Capital established its broker program in mid-2020. read more

AP Equipment Financing Reports 17% Funding Growth in 2020, Promotes Lerma and Williams

AP Equipment Financing funded $197.3 million worth of equipment in 2020, representing a 17% growth over 2019. Additionally, AP Equipment Financing promoted Chris Lerma, CLFP, to president and Fred Williams to chief sales officer. read more

Wheeler Financial Provides Capital Lease to Choice Canning

Wheeler Financial from Pitney Bowes closed a financing transaction with Choice Canning, which will use the capital generated by the transaction to invest in refrigerated vehicles for transportation at its production facility in Pittston, PA. read more

Tentler Joins 36th Street Capital as EVP of Sales

36th Street Capital Partners, an independent provider of alternative funding solutions for the equipment financing industry, appointed Wayne Tentler executive vice president of sales. read more

CSC Leasing Promotes Hutchinson and Price to Senior Director Roles

CSC Leasing Company elevated two members of its sales and marketing team, with Pem Hutchinson and Jonathan Price both taking on senior director roles. read more

Dext Capital Adds Olivo to Vendor Sales Team

Dext Capital hired Anthony Olivo as inside sales account manager to originate vendor business opportunities and manage national vendor programs in the healthcare market. read more

Balboa Capital Reports Increase in Equipment Loan Requests as Section 179 Deadline Approaches

Balboa Capital reported an increase in capital equipment investments by small business owners who want to take advantage of the current Section 179 tax deduction before it expires on Dec. 31, 2020. read more

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