Last Week’s Top Stories

Verhelle Forms New Financial Services Business

Bill Verhelle, the founder of Harvard Partners and First American Equipment Finance, formed a new national lending business in Fairport, NY called Innovation Finance. read more

Ampil Adds Jones and Fiasco to Expand Leadership Team

Ampil, a division of Insight Investments, added Mike Jones and Steve Fiasco to its leadership team. Jones previously worked for First American Equipment Finance and Fiasco was formerly with CIT Equipment Finance. read more

Willis Lease Finance Reports 50% Increase in Pre-Tax Profit

Willis Lease Finance reported 2017 pre-tax income of $36.0 million was up 50.4% from $23.9 million a year earlier. Willis also noted the effects of the Tax Act contributed $43.6 million to its 2017 after-tax income. read more

Tamarack Launches for Hitachi Capital America

Tamarack, a provider of independent software solutions in the equipment and commercial lending industry, launched for Hitachi Capital America’s Transportation Finance division. read more

CIT Names McAvoy Corporate Treasurer

CIT Group named Sarah L. F. McAvoy to the corporate treasurer position, effective March 19. read more

First American Launches Scholarship for Future Manufacturing Talent

First American Manufacturing Finance launched a scholarship for students who will pursue or are pursuing a degree related to the manufacturing industry. read more

First National Capital Hires Crogan as VP of Sales

First National Capital hired Brian K. Crogan as VP of Sales. Grogan was previously with California First in a similar capacity. read more

OnDeck Names CIT Veteran Brause CFO

OnDeck appointed Kenneth A. Brause CFO. Brause previously worked for CIT as treasurer. Prior to that, he led the North America Banking group, including oversight of the Equipment Finance division. read more

36th Street Capital Appoints Slagle VP of Originations

36th Street Capital Partners appointed Marci Slagle vice president of Originations effective immediately. read more

UniFi Equipment Finance Named Preferred Lender for MOOYAH

UniFi Equipment Finance, a subsidiary of Bank of Ann Arbor, was selected as a preferred lender for MOOYAH Burgers, Fries and Shakes. read more

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