Two banks serving Long Island recently made major inroads into the equipment financing space, according to a report in the Long Island Business News. read more

AUG 9, 2018 - 6:55 am

People's United Financial appointed Jeff Tengel president. In the role, Tengel will lead the full complement of business lines at People's United. read more

MAY 7, 2018 - 7:19 am

Over the last 12 months, several major independent equipment leasing companies have been acquired. Banks and private equity firms were some of the major acquirers, with People’s United Bank buying LEAF Commercial Capital and Solar Capital taking on Nations Equipment Finance. What has led to this spike in activity, and will it continue?... read more

September/October 2017

People's United Bank entered into an agreement to acquire LEAF Commercial Capital. Under the terms of the agreement, People's United will acquire approximately $730 million of net investment in leases and loans. read more

JUL 20, 2017 - 7:04 am