Today’s News

Monitor Live+ U.S. Economy: Navigating the Signs & the Journey Back Open for Registration

Registration is open for Monitor’s next Live+ event, “U.S. Economy: Navigating the Signs & the Journey Back,” which will be sponsored by IDS and held on Tuesday, Aug. 25 at 1:00 p.m. ET. read more

AGCO Finance Appoints van den Heuvel President and Global CEO

AGCO Corporation appointed Rob van den Heuvel to the role of president and global CEO of AGCO Finance, effective Jan. 1, 2021. Van den Heuvel will replace Keith Large, who will retire on Dec. 31, 2020. read more

CapX Partners Completes $27MM Equipment Lease Facility for Midwest-Based Client

CapX Partners, a middle-market equipment finance provider, completed a $27 million equipment lease facility for a Midwest-based client. The facility supports the acquisition of mission-critical equipment, enabling the company to continue its plans for growth. read more

GECAS Cargo Tops Up Orderbook with More 737-800BCF Narrowbody Freighters

GECAS signed an agreement with Boeing to convert 11 737-800 Boeing Converted Freighter options to firm orders and adding nine additional options to the GECAS Cargo order book. This agreement brings GECAS’ total orderbook for the type to 74. read more

Tamarack Earns Place on Inc. 5000 List for Fifth Consecutive Year

Tamarack Consulting, a provider of independent software solutions in the equipment finance and commercial lending industry, earned a place on the Inc. 5000 list of fastest growing private companies for the fifth consecutive year. read more

Kraheck Retires from M&T Bank After 40-Year Career

After 40 years of new business development in the equipment finance and leasing industry in the Greater Philadelphia area, Eric Kraheck retired. Most recently, Kraheck served at M&T Bank for almost nine years. read more

ACT Research: CV Forecasts Upgraded for 2020

Commercial vehicle forecasts for 2020 were marked up across the board in August, according to ACT’s latest release of the North American Commercial Vehicle OUTLOOK, which cites the uptick as a result of a robust “perfect storm” of positives in late spring and summer. read more

Ritchie Bros. Sells More than $1B in Last 12 Months, IronPlanet Records Busiest July Ever

Ritchie Bros. sold more than $1 billion of equipment through its online marketplaces between August 2019 and July 2020. In fact, Ritchie Bros.' IronPlanet solution just had its busiest July ever, selling 8,700 items for more than $58 million. read more

Vantage Financial Promotes Snover & Jones, Launches New Website

Vantage Financial has promoted Marc Snover to senior vice president - Operations and Jackie Jones to director of Marketing. The company has also launched a new website. read more

NFS Leasing Inks Third Funding Agreement with Valor Underground

NFS Leasing recently completed a third equipment finance agreement with Valor Underground, an underground construction startup. read more

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Terry Mulreany
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