Last Week’s Top Stories

Marks Named to Head Wells Fargo Commercial Capital, Blakey to Retire

Wells Fargo named David Marks, current head of Capital Finance, the successor to Ed Blakey, who is retiring, as head of Wells Fargo Commercial Finance. read more

ELFF: Equipment Finance Industry Confidence Eases Further in May

The ELFF May 2018 Monthly Confidence Index for the Equipment Finance Industry revealed lower confidence in the equipment finance market in May, easing to 64.6, down from the April index of 68.3. read more

DLL Provides Insights on Compliance’s Effect on Circular Business Model

DLL released a new whitepaper measuring the business and operational impact of compliance when transitioning to a circular business model. The whitepaper includes a checklist to manage compliance. read more

Blockchain, Collaborative Robots Among the Top Trends for Manufacturing

Infiniti Research said IoT in B2B manufacturing, collaborative robots, blockchain and the rise of cybersecurity risks are the most critical upcoming trends in the manufacturing industry. read more

Co-Founder of First American Makes Investment in Innovation Finance

Guy Klingler, who co-founded First American Equipment Finance, will make a significant equity investment in Innovation Finance. read more

ELFA Honors Eimers with 2018 Distinguished Service in Advocacy Award

The ELFA selected Conrad Eimers, president of Vision Financial Group, to receive its 2018 David H. Fenig Distinguished Service in Advocacy Award. read more

DLL Appoints Janse COO, Replacing van Kemenade

DLL appointed Mike Janse chief operating officer and member of the executive board, effective immediately. read more

Element Names Forbes CEO, Intends to Refresh Board of Directors

Element Fleet Management appointed Jay Forbes as its new CEO and announced the planned addition of four new independent directors to its board of directors. read more

ECN Capital Reports Significantly Higher Year/Year Originations

ECN Capital reported Q1/18 originations were $349.2 million, up from $249.4 million sequentially and $31.0 million for the same period in 2017. read more

Caterpillar’s 28% Increase in Sales Powered by Resource Industries in Latin America

Caterpillar reported a 28% increase in worldwide machine sales for the three-month rolling period ended in April 2018. This follows increases of 26% and 33%, respectively, in the same periods ended in March and February. read more

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Terry Mulreany
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