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ECN Capital Sells 55% of Existing Rail Portfolio to Trinity Affiliates

ECN Capital entered into a agreement to sell railcar assets to affiliates of Trinity Industries Leasing for proceeds of $360 million. read more

SEP 25, 2018 - 7:00 am

Marlin Acquires Fleet Financing Resources

Bank holding company Marlin Business Services acquired Fleet Financing Resources, a specialty lender with a foundation in transportation equipment financing. read more

SEP 20, 2018 - 7:20 am

Petro to Lead Waterfall Specialty Commercial Finance Group

Waterfall Asset Management launched its Specialty Commercial Finance Group SCFG led by Andrea Petro to provide high yield senior secured debt to specialty commercial finance companies. read more

SEP 20, 2018 - 7:18 am

North Star Leasing Makes Four New Hires, Promotes Three

North Star Leasing added Jay Condor, Scott Goodwin and Justin Ward to its Sales team and Rachel Montross to its Funding & Accounting team. Susan Stevens was promoted to broker relationship manager, Alex Dean is now Syndication manager and Kit Antinozzi is now a member of the Documentation team. read more

SEP 18, 2018 - 7:25 am

Stearns Breaking Ground to Accommodate Equipment Leasing Growth

Stearns Bank will soon break ground on an 11,000 square-foot addition to its Equipment Finance division in Albany,MN to accommodate growing operations. read more

SEP 18, 2018 - 7:05 am

SEC Charges Citigroup for Dark Pool Misrepresentations

The Securities and Exchange Commission entered an order finding that Citigroup Global Markets misled users of a dark pool operated by one of its affiliates. read more

SEP 17, 2018 - 7:20 am

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

SEP 13, 2018 - 7:25 am

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

SEP 12, 2018 - 7:20 am

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

SEP 12, 2018 - 7:16 am

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

SEP 12, 2018 - 7:15 am

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Editor's Picks

An Intersection of Risk and Reward: Where the Sharing Economy and New Equipment Finance Models Meet

Patricia Voorhees and Diane Croessmann

July/August 2018

We can’t remember the last time we rented a car during business travel. Ride sharing is so much easier and usually less expensive. No rental car pickup, parking hassles, hotel valet fees or airport car drop-off. Ride sharing services and... read more

Software Concepts for Reporting Lease Accounting Standards Codification 842

Phil Tirino

August 2018

This article discusses reporting concepts and solutions for systems specifically designed to meet the reporting requirements of both the lessor and lessee under ASC 842. The new standards require adoption for periods ending after December 15, 2018 for public companies... read more

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Recent Opinion

Invest in Your Company, Not Depreciable Assets

Tom Toton, Vice President, Financial Services, AmeriQuest Transportation Services

May 2018

While some assets depreciate, others do not. Tom Toton of Corcentric (formerly AmeriQuest Business Services) explains why it makes more sense to add to your sales team and become asset light rather than putting equity into depreciable assets.

Technological Developments Will Drive Equipment Financing Decisions

Patrick Gaskins, Vice President of Financial Services, AmeriQuest Transportation Services

March 2018

As 2018 continues, there are a number of trends in the industry that should continue to drive growth. AmeriQuest’s Patrick Gaskins believes technology will play a major role, while also pointing to tax reform and rising interest rates as contributing factors.

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