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

DEC 22, 2020 - 6:46 am

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

DEC 21, 2020 - 6:52 am

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

DEC 21, 2020 - 6:49 am

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

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

DEC 18, 2020 - 7:04 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

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

DEC 16, 2020 - 6:15 am

Accord Financial named Barrett Carlson senior vice president of corporate development and Eric Starr senior vice president of program operations and risk. read more

DEC 11, 2020 - 7:07 am

Patrick Gaskins

There is no arguing that the pace at which change is occurring is quicker than it has ever been before. It used to be that when new technology was introduced it was on the market for some time before it... read more

October 2018

The SEC filed a complaint against Ralph T. Iannelli and his leasing company, Essex Capital, for making false and misleading statements to induce investors to buy promissory notes carrying high interest rates. read more

JUN 13, 2018 - 6:36 am

The Alta Group’s Bruce Kropschot and James Jackson examine the M&A market for independent equipment finance companies. Although another good year is expected, several factors could affect the market, including rising interest rates, stock market trends, tax reform legislation and accounting rule changes.... read more

March/April 2018

According to the ELFF, overall, confidence in the equipment finance market eased again in April to 68.3, down from the March index of 72.2. read more

APR 19, 2018 - 7:07 am

The day a deal closes is the end of the line for many sales people, but Linda Kester warns this can be a mistake. She provides several ways for sales reps to build their relationships with clients after the sale to ensure satisfaction and repeat business for years to come.... read more

January/Feburary 2018

Patrick Gaskins

The Equipment Leasing and Finance Association (ELFA) recently identified the Top 10 equipment acquisition trends for 2018. I’d like to add my comments to some of what they said. According to the ELFA, tax reform will help unleash pent-up demand... read more

March 2018

Crestmark secured a total of $17.7 million in financial solutions for 17 new clients in the second half of February. The deals included three new lease transactions totaling $8.8 million. read more

MAR 6, 2018 - 6:25 am