People's United Bank acquired Vend Lease Company, a nationwide provider of equipment financing primarily to the hospitality industry. Baltimore-based Vend Lease will become a division of LEAF Commercial Capital. read more
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The recent deluge of state commercial financing disclosure laws designed to mimic consumer-style truth-in-lending statements raises interesting policy considerations as it relates to the inclusion or exclusion of equipment leasing and finance transactions.1 In particular, of all the relevant laws... read more
Working capital, an indicator of a business’s short-term financial position, is calculated as a business’s current assets minus its current liabilities, indicating the liquidity levels for managing its day-today expenses. A working capital loan is either a lump sum or... read more