Today’s News

Greenbrier Appoints Tekorius CEO, Furman to Transition to Executive Chair

Greenbrier Companies appointed Lorie Tekorius its next CEO and president, effective March 1, 2022. On the same date, William A. Furman, co-founder, chairman and current CEO of Greenbrier, will assume the newly created role of executive chair until his retirement. read more

Pawnee Leasing Closes $356MM Marketed Securitization

Pawnee Leasing, a subsidiary of Chesswood Group, closed its $356 million marketed U.S. securitization of receivables. read more

SLR Equipment Finance Hires Lyme as SVP of Business Development

SLR Equipment Finance hired Eric Lyme as senior vice president of business development. In this role, Lyme will be responsible for growing SLR Equipment Finance’s leasing and lending activities in Florida and the Gulf States region of the United States. read more

ELFA Announces New Board of Directors, DiCecco Named Chair

The Equipment Leasing and Finance Association announced its new board of directors and officers during its 60th Annual Convention in San Antonio this week. Michael DiCecco of Huntington Asset Finance will be the association’s new board chair and Robert Neagle of Finova Capital is now chair-elect. read more

KLC Financial Hires Sorenson as Business Development Manager, Bonneur as Staff Accountant

KLC Financial hired Jesse Sorenson as business development manager and Jordan Bonneur as staff accountant. read more

Stonebriar Commercial Finance Extends Contract with Solifi

Stonebriar Commercial Finance extended its relationship with Solifi as the provider of a software-as-a-service technology platform to support back-office portfolio management and growth goals. read more

Tamarack Technology Expands Professional Services Team by Adding Crandall and Rieckhoff

Tamarack Technology, a provider of independent software solutions in the equipment finance and commercial lending industry, expanded its professional services team with the addition of Karl Crandall and Lori Rieckhoff as senior consultants. read more

Bridge Bank Increases YES Leasing’s Credit Facility

Bridge Bank increased the credit facility it provided last year to YES Leasing, a Miami-based commercial equipment leasing company. The increased credit facility will provide additional capacity to support the continued growth of YES Leasing's portfolio. read more

ELFA: New Business Volume in Equipment Finance Industry Rises 6% Y/Y in September

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for September was $9.2 billion, up 6% year over year from new business volume in September 2020. read more

Bank OZK Hires Lyons to Launch Equipment Finance and Capital Solutions Group

Bank OZK hired Jim Lyons to launch its equipment finance and capital solutions group as managing director. The new group will provide an array of equipment-oriented collateral products, including equipment finance and lease structures. read more

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