Last Week’s Top Stories

RVI Group Promotes GE Vet Morin to SVP/Commercial Equipment Business

Residual value insurance provider RVI Group promoted Roger Morin to senior vice president. read more

Wynne, Colton Join Wells Fargo Public Finance

Wells Fargo Securities made two additions to its Public Finance team. Tom Wynne will lead a new housing financing initiative in the West, and Michael Colton joined to support the municipal finance business in New York. read more

Buckner Joins ENGS as Transportation Business Development Manager

John Buckner joined ENGS Commercial Finance as business development manager in its Transportation Finance Division. read more

NEFA Appoints Toglia Executive Director and CEO

The National Equipment Finance Association appointed Michael A. Toglia its executive director and CEO. He succeeds Gerry Egan, who will be retiring in October after eight years in the role. read more

Encina Hires Three GE Capital Vets for Danbury Headquarters, Promotes Giaquinto

Encina Equipment Finance hired Andy Brown, Katherine (Reichle) Branch and Beata Nicpon for the company’s Danbury, CT headquarters and promoted James Giaquinto, who joined EEF at its launch in June 2017. read more

ELFF: Trucking Industry to Remain Strong for Next Year

The U.S. over-the-road transportation/trucking industry is having its best growth in years and is forecast to remain strong for the next 12 to 18 months before softening, according to the 2018-2019 Vertical Market Series – Road Transportation. read more

DePonte Promoted to Lead Key Equipment Finance Clean Energy

Key Equipment Finance promoted Brian D. DePonte to lead Key Equipment Finance Clean Energy, a unified clean energy and energy efficiency team providing financial solutions for vendors, developers and clients. read more

United Rentals to Acquire BlueLine Rental for $2.1B

United Rentals and BlueLine Rental entered into an agreement under which United will acquire BlueLine from Platinum Equity for approximately $2.1 billion in cash. read more

Crypto Market Plummets as SEC Announces Suspension of Two Securities

Bloomberg reported the cryptocurrency market dropped to a 10-month low amid an SEC announcement of a temporary suspension of trading in Bitcoin Tracker One and Ether Tracker One. read more

PayNet Sees Main Street Resume ‘Blistering Pace of Investment’ in July

According to the latest Strategic Insights Report from Paynet, small business lending grew in the double digits in July. Paynet president noted the “resumption of blistering pace of investment”. read more

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