Equipment Leasing Related Content

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  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

JA Mitsui Leasing Capital Names Pabon SVP of Capital Markets

Peter Pabon joined JA Mitsui Leasing Capital, a U.S. subsidiary of JA Mitsui Leasing that provides leasing and financial solutions in the U.S. and globally, as senior vice president of capital markets. Pabon has previous experience with PNC Equipment Finance, Banc of America Leasing and Mitsui Vendor Leasing. 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

Sentry Financial Closes $62MM Equipment Lease for Construction Tech Company

Sentry Financial closed a $62 million equipment lease of lift and material handling equipment to a construction technology company. read more

Onset Financial Funds $240MM in 2020, Surpasses 2019 Funding by 14%

Onset Financial achieved another record-breaking funding year in 2020, recording $240 million in fundings, which beat the company’s prior funding record set in 2019 by 14%. read more

ELFF Projects 3.5% Decline in U.S. Economy for 2020, 4.7% Increase in 2021

According to the Equipment Leasing & Finance Foundation, despite a surge in Q3/20, due to the historic deep decline in Q2/20, the U.S. economy is expected to end the year down 3.5% from 2019. However, the economy is expected to grow 4.7% in 2021. read more

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 Finance Industry Confidence Reaches Pre-Pandemic Levels

According to the Equipment Leasing & Finance Foundation’s December 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 59.7, an increase from the November index of 56.1. 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

Ivory Licenses SuperTRUMP and Portfolio Intelligence with Five New Customers in 2020

Five asset finance businesses selected Ivory Consulting’s SuperTRUMP and Portfolio Intelligence products in 2020. SuperTRUMP, Ivory’s flagship product, is a solution for modeling and pricing complex leases and loans. Portfolio Intelligence is Ivory’s business intelligence tool. read more

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