Timothy S. Crane, the current president of Wintrust Financial, will assume the additional role of CEO, effective May 1. Crane also joined the company's board of directors, effective immediately. read more
TCC Financial, the U.S. lending division of Travelers Capital, a Canadian-based asset-based lender, announced the closing of a $30.8 million senior secured term loan facility to support the growth and development needs of a leading heavy equipment rental business headquartered in California. read more
The Equipment Leasing and Finance Association will host its 2023 Equipment Management Conference & Exhibition on Feb. 26-28 at the Orlando World Center Marriott in Orlando, FL. The annual conference draws asset managers, equipment appraisers, remarketers and service providers to the equipment finance industry. read more
Truist Equipment Finance added Peter Faser as director of originations. Faser, who has been with Truist Securities since 2011 and has more than 25 years of banking experience, will be responsible for corporate and investment banking clients. read more
BMO Financial Group has received all required regulatory approvals to complete its acquisition of Bank of the West from BNP Paribas and expects the acquisition to close on Feb. 1, subject to the satisfaction of customary closing conditions. read more
According to a survey from Balboa Capital that asked small business owners about their Small Business Administration (SBA) loan borrowing practices and volumes in 2022, 31.25% of small business owners applied for SBA loans in 2022 and 61.9% of SBA loan requests were approved. read more
CoBank, a bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the U.S., announced that Jason Lueders has been appointed as Farm Credit Leasing's president. read more
The Equipment Leasing and Finance Association’s Accounting & Technology Conference held a breakout session titled Leading the Future of Work – Considering Unconscious Bias in Design, Data & Technology, with the discussion led by Stephanie Case, global chief human resources... read more
In late 2020, Brian Slipka, former senior vice president and head of TCF Technology Finance at TCF Capital Solutions/Winthrop Resources, along with Shea Huston, former regional vice president of the central and western U.S. divisions for Winthrop, launched Honour Capital,... read more
Senior Vice President, Syndications & Operation,
Patrick Gaskins, senior vice president fleet solutions at Corcentric and Ray Ellingsen, senior vice president of syndication and operations at Corcentric discuss the details from the company’s latest conference including discussion topics and what is just over the horizon.
Senior Vice President Fleet Solutions,
Corcentric Capital Equipment Solutions
Patrick Gaskins, senior vice president of fleet solutions at Corcentric, reviews the past year’s ups and downs. 2022 has been a true anomaly, and it is making everyone reconsider how they finance new equipment.