Merchants Bank Equipment Finance (MBEF) named Dave Schlauderaff president. Schlauderaff succeeded Rick Barry, who retired from the company in December. read more

JAN 6, 2023 - 7:27 am

Merchants Financial Group approved a three-for-one stock split and elected Molly Jungbauer, CEO and co-owner of Hollstadt Consulting, and James Rogers III, chief business development officer for Mayo Clinic, to three-year terms on the company’s board of directors. read more

APR 18, 2022 - 6:44 am

According to a list of takeaways from the Equipment Leasing and Finance Association’s recent webinar covering a summary of the findings of its Monthly Leasing and Finance Index (MLFI-25) reports from 2021, metrics from the index in 2021 were positive overall. read more

FEB 8, 2022 - 6:40 am

The Equipment Leasing and Finance Association will host a free webinar on Jan. 26 at 1 p.m. EST to present the 2021 year-end findings of its Monthly Leasing and Finance Index. read more

JAN 13, 2022 - 5:30 am

Merchants Financial Group announced year-end earnings for 2019 with net income of $19.76 million. The earnings exceeded MFGI’s plan for the year by more than $2.6 million and is an increase of 4.7% over 2018 earnings. read more

JAN 30, 2020 - 6:45 am

Mark Jangula joined Merchants Bank Equipment Finance as vice president and senior regional finance manager. He brings 17 years of experience from Wells Fargo Equipment Finance. read more

JAN 15, 2019 - 6:55 am

Paul Butze was hired as vice president and senior regional vendor finance manager at Merchants Bank Equipment Finance. read more

MAY 31, 2018 - 7:05 am

Shawn Haines was promoted to assistant vice president/credit manager at Merchants Bank Equipment Finance. read more

MAR 27, 2018 - 6:48 am

Richard Barry was named president of Merchants Bank Equipment Finance. Barry previously worked for GE, TCF and, most recently, U.S. Bank. read more

NOV 21, 2016 - 8:14 am

Brad Brolsma, president of Merchants Bank Equipment Finance, will retire, effective at the end of this year. read more

AUG 15, 2016 - 8:33 am

Merchants Capital Resources has changed its name to Merchants Bank Equipment Finance as of January 1, according to president Bradley R. Brolsma. read more

JAN 5, 2016 - 7:57 am