Today’s News

DLL Launches New Business Unit for Usage-Based Financing

Asset-based financing solutions provider DLL formed a new Global Business Unit, Direct Solutions, to lead the organization’s innovative approach around usage-based consumption products. Steve Riggs will lead the new division. read more

APR 18, 2019 - 7:00 am

Rasch Joins Everlasting Capital as Finance Manager

Everlasting Capital appointed Justin Rasch finance manager on its business development team. Rasch will be based out of company’s headquarters in Rochester, NH. read more

APR 18, 2019 - 6:55 am

Greenbrier to Acquire American Railcar Manufacturing Business

The Greenbrier Companies entered into an agreement to acquire the manufacturing business of American Railcar Industries from ITE Management in a transaction valued at $400 million. read more

APR 18, 2019 - 6:50 am

Signature Bank Net Income Hits $144.1MM in Q1/2019

Signature Bank reported its results for the first quarter of 2019 ended March 31. Net income for the quarter was $144.1 million versus $34.5 million for the 2018 first quarter. read more

APR 18, 2019 - 6:45 am

Crestmark Provides $43.9MM+ to 78 Businesses in H1/April

Crestmark provided more than $43.9 million in commercial financing to 78 businesses in the first half of April 2019. read more

APR 18, 2019 - 6:40 am

Textron Reports Higher Q1/19 Jet & Turboprop Deliveries

Textron reported higher Q1/19 Aviation segment profit on significant increases in year-over-year jet and turboprop deliveries. The backlog at the end of the quarter of $2 billion was up $204 million from year end. read more

APR 18, 2019 - 6:35 am

Preliminary Used Class 8 Volumes Jump 25% M/M in March

Preliminary used Class 8 volumes (same dealer sales) jumped 25% month-over-month in March, following a modest decline in February, according to the latest State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. read more

APR 18, 2019 - 6:30 am

Wells Fargo Equipment Finance Promotes Collier to CAO

Wells Fargo Equipment Finance promoted Scott Collier to chief administrative officer. Collier assumes the role previously held by James Dore, who was recently named WFEF chief credit officer. read more

APR 17, 2019 - 7:05 am

Capital One Appoints Raisig to Long Island Commercial Lending Team

Gary Raisig joined Capital One’s Middle Market Banking group on Long Island as a senior vice president and relationship manager. Raisig will report to Miriam Tanenbaum, head of Long Island and Queens Middle Market Banking. read more

APR 17, 2019 - 7:00 am

ELFF Industry Snapshot Reports New Business Volume Off to Slow Start in 2019

The Equipment Leasing & Finance Foundation has released its Q2 2019 Equipment Leasing & Finance Industry Snapshot, a resource for industry participants to incorporate into executive briefings and presentations. read more

APR 17, 2019 - 6:55 am

Editor's Picks

Crunching the Numbers: 2019 — A Year of Expected Changes for the Leasing Industry

Joe Sebik, CPA

January/February 2019

Although ASC 842 and IFRS 16 were released several years ago, many lessees will only first notice how the changes affect financial reporting in the first reporting period for 2019. Many lessees will not be subject to the new standards... read more

2019 Priorities: Leveraging Current Success

Charles Wendel

January/February 2019

FOR ALL: BEGIN WITH PROACTIVE RISK MANAGEMENT Most of this article focuses on growth, but risk management requires clear and constant prioritization. While predictions differ on whether 2019 will see a recession, there is no doubt that, at some point,... read more

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Recent Opinion

Another Reason Why Leasing Makes Sense

Tom Toton, Vice President of Sales, Capital Equipment Solutions, Corcentric

April 2019

Tom Toton from Corcentric explores some of the many reasons why leasing conforms to the matching principles of accounting and business better than other asset management approaches.

Lenders Beware: Acceleration May Defeat Right to Prepayment Premium

Theresa Driscoll, ,

January 2019

Moritt Hock & Hamroff counsel Theresa Driscoll takes a look at the recent Second Circuit Momentive decision and uses it to examine the importance of clarity in drafting loan documents and understanding what loan documents say, especially when a lender needs to enforce its rights.

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