Today’s News

Crossroads Appoints Kachidurian EVP/Business Development

Jim Kachidurian joined Crossroads Equipment Lease and Finance as executive vice president – Business Development. He will report to Howard Shiebler, president of Crossroads. read more

Ralston Joins CIT as Director in Lender Finance Business

CIT Group named Chris Ralston a director in the Lender Finance business within CIT’s Business Capital division. read more

Colonnade Publishes Report on Small Ticket Finance & Leasing

Colonnade Advisors released a report on the small ticket equipment finance and leasing industry, noting the sector generates over $330 billion in transaction volume annually. read more

Xavian Insurance Sues Marsh, Boeing, Boeing Capital Over AFIC

According to Insurance Insider, Xavian Insurance has filed suit against Marsh & McLennan Companies, Boeing and Boieng Capital, claiming the companies misappropriated trade secrets to launch the Aircraft Finance Insurance Consortium. read more

Bloomberg Tax Releases New Solution for FASB ASC 842 Standards

Bloomberg Tax released a new lease assets solution designed to help organizations address and comply with the new FASB ASC 842 standards. read more

LaSalle Solutions Named a Top 20 Most Promising Cisco Solution Provider

LaSalle Solutions was recognized as one of the top Cisco Solution Providers of 2018 by technology magazine CIOReview. read more

GFS Promotes Einhorn to President/COO

Group Financial Services named Gregory Einhorn president and chief operating officer. Einhorn will be responsible for all of the company's operations and report directly to CEO Richard Einhorn. read more

Ritchie Bros., PowerChina Sign Multi-Year Sales Agreement

PowerChina Trade Solution Group, one of the world's largest construction companies, selected Ritchie Bros. as a key partner for its surplus equipment disposition. read more

Insight Financial Adds Castellanos as VP, Commercial Sales

Insight Financial hired Mark Castellanos as vice president of Commercial Sales. Castellanos was previously with First National Bank where he provided equipment leasing for commercial clients. read more

Marlin Acquires Fleet Financing Resources

Bank holding company Marlin Business Services acquired Fleet Financing Resources, a specialty lender with a foundation in transportation equipment financing. read more

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Terry Mulreany
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