Today’s News

Hamel, Elliott Join Dext in Capital Markets, Sales

Industry veterans Donna Hamel and Ken Elliott joined the Dext Capital team as vice president of Capital Markets and vice president of Sales, respectively. read more

APR 23, 2019 - 6:55 am

Balboa Capital Opens Fifth Office in Ontario, CA

Balboa Capital opened a new office in Ontario, CA to accommodate its growth. The new space is located in the Centrelake Plaza, a 114,000-square-foot, six-story office building. read more

APR 23, 2019 - 6:54 am

Encina Provides $20MM Facility to Healthcare Services Company

Encina Equipment Finance provided a $20 million capital lease facility to a healthcare services company. read more

APR 23, 2019 - 6:50 am

TCF Reports Q1/2019 Net Income of $70.5MM

TCF Financial reported net income of $70.5 million for the first quarter of 2019, compared with $73.8 million for the first quarter of 2018 and $85.7 million for the fourth quarter of 2018. read more

APR 23, 2019 - 6:47 am

Merchants Bank to Acquire First National Bank of Northfield

Merchants Bank and The First National Bank of Northfield have reached a definitive agreement for Merchants to acquire Northfield. read more

APR 23, 2019 - 6:40 am

$92.1MM in Net Income for F.N.B. in Q1/2019

Financial services company F.N.B. reported earnings for the first quarter of 2019, with net income available to common stockholders of $92.1 million, or $0.28 per diluted common share. read more

APR 23, 2019 - 6:35 am

M&T Equipment Finance Supports Duke Acquisition of Clearway Solar Project

M&T Bank's Commercial Equipment Finance Group provided tax equity financing to support Duke Energy Renewables’ acquisition of the 150-megawatt North Rosamond solar project from Clearway Energy Group. read more

APR 23, 2019 - 6:30 am

Keys, Clemens Join Crossroads Direct Sales Team

Crossroads Equipment Lease and Finance has added Russell Keys as director of Business Development – Transportation Finance and Pat Clemens as director of Business Development – Structured Finance on the Direct Sales team. read more

APR 22, 2019 - 7:00 am

GECAS Sells 20 Narrow-Body Boeing & Airbus Aircraft to START II

GECAS agreed to sell 20 in-production Boeing and Airbus narrow-bodies to START II in its STARR 2019-1 agreement. The sale closed with an affiliate of Oz Management acting as dedicated asset manager. read more

APR 22, 2019 - 6:55 am

TrueNoord Hires Adams as European Sales Director

Regional aircraft lessor TrueNoord appointed Michael Adams European sales director. He will be based in the Dublin office. read more

APR 22, 2019 - 6:50 am

Editor's Picks

The Entrepreneurs: Monitor’s Top Private Independents of 2019

Amanda Koprowski

January/February 2019

Business continues to hold steady or even improve in equipment finance, as the Top 25 Private Independents reported $7,504.5 million in new business volume for 2018, topping a record-setting 2017 with a growth of 17.2% year-over-year. Four companies achieved volume... read more

Tipping the Scales: A Little Something to Consider When Crossing State Lines

Kenneth Weinberg

January/February 2019

Various common types of transactions in our industry result in equipment leasing and finance companies acquiring interests in transactions that are outside the primary states in which they are located. Some examples include the very active market pursuant to which... read more

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Recent Opinion

How Fleets May be Gearing Towards Electric Trucks

Brian Holland, President/CFO, Fleet Advantage

January 2019

2018 saw the dialogue surrounding electric vehicles continue among both regular consumers and professional drivers. But according to Fleet Advantage’s Brian Holland, while electrification may become possible somewhere down the road, for now, many in the trucking industry remain dedicated to improving their diesel fleets.

Use a Dynamic Financing Model to Adjust Asset Life Cycles

Patrick Gaskins, Vice President of Financial Services, Corcentric Capital Equipment Solutions