Today’s News

ELFF 2019 Outlook Forecasts 4.1% Investment Expansion, 2.3% GDP Growth

Investment in equipment and software is projected to expand 4.1% in 2019 according to the 2019 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. read more

TimePayment Appoints GE Vet as Director of Strategic Alliances

Sue Monfore will focus on building strategic vendor alliances for TimePayment in micro-ticket equipment finance. read more

Machen to Manage Equipment Finance for Arvest Bank

Matt Machen was named regional executive of enhanced banking services for Arvest Bank where he will manage equipment finance and small business administration, among other divisions. read more

ACT U.S. Tractor Dashboard Falls into Negative Territory

According to ACT Research’s latest release of the ACT North American Commercial Vehicle OUTLOOK, signs continue to mount that the freight cycle is getting long in the tooth. read more

FASB Issues Narrow-Scope Improvements to Accounting for Lessors

The Financial Accounting Standards Board issued an Accounting Standards Update expected to reduce lessor’s implementation and ongoing costs associated with applying the new leases standard. read more

BBVA Compass Taps Knudson as New Austin CEO

BBVA Compass appointed banking industry veteran Dillan Knudson as its new Austin, TX, CEO. He will succeed Joe Petet, who is retiring at the end of the year. read more

Balboa Becomes Preferred Lender for Checkers & Rally’s Franchise Owners

Balboa Capital is now recognized by Checkers & Rally’s as a preferred lender for its nearly 900 franchise owners in the U.S. read more

Regents Capital Wins Orange County 2018 Top Workplaces Award

Regents Capital was awarded a 2018 Top Workplaces honor by The Orange County Register. read more

Macquarie to Acquire Waypoint Leasing Assets for $650MM

Waypoint Leasing Holdings entered into an agreement to be purchased by Macquarie Group for approximately $650 million. read more

Investors Bank Appoints Kalamaras Chief Risk Officer

Investors Bancorp appointed Paul Kalamaras executive vice president and chief risk officer of both the holding company and Investors Bank. read more

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Terry Mulreany
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