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DLL Launches New Business Unit for Usage-Based Financing

Asset-based financing solutions provider DLL formed a new Global Business Unit, Direct Solutions, to lead the organization’s innovative approach around usage-based consumption products. Steve Riggs will lead the new division. read more

Wells Fargo Equipment Finance Promotes Collier to CAO

Wells Fargo Equipment Finance promoted Scott Collier to chief administrative officer. Collier assumes the role previously held by James Dore, who was recently named WFEF chief credit officer. read more

Signature Bank Forms National Venture Banking Group

Signature Bank has formed a national Venture Banking Group to focus on serving venture capital firms and the portfolio companies in which they invest. read more

Former ELFA Chairman Rick Wolfert Passes

Frederick “Rick” Eugene Wolfert, 64, of Greensboro, GA passed away peacefully on April 9, 2019 at St. Mary’s Good Samaritan Hospital in Greensboro. read more

Neumann Finance and Beneficial Equipment Finance Combine Forces to Create NewLane Finance

NewLane Finance will leverage the technology platform and industry expertise of
Neumann Finance with the maturity and heritage

of Beneficial Equipment Finance. read more

Joe Woodley, Leasing & Specialty Finance Veteran, Passes Away

Leasing and specialty finance industry veteran Joe Woodley passed away April 2nd after a brief illness. Woodley had previously been named one of the “Top 25 Most Influential People in Leasing” and was a key player in the formation of NEFA. read more

Wells Fargo Asset Management Unveils Brand Redesign

As part of Wells Fargo’s recent branding campaign and redesign, Wells Fargo Asset Management (WFAM) launched a new brand initiative to provide clients with a more integrated, consistent product and solutions-focused experience. read more

TimePayment Completes Acquisition of LeaseQ

Fintech company TimePayment has acquired LeaseQ. The acquisition adds immediate value to TimePayment’s strategic focus of offering vendor partners a leading platform, differentiated product offerings, faster funding and improved services. read more

M&T Bank Expands Commercial Equipment Finance Group

M&T Bank has begun a series of steps to grow its Commercial Equipment Finance Division and serve more commercial and municipal customers across the country. This included the appointment of John Wolfe as director of Business Development. read more

Hoeffner Joins Cass Commercial Bank as Director of Equipment Finance

Cass Commercial Bank formed a new division focused on financing equipment purchases for businesses, not-for-profit organizations and municipalities through capital and municipal leases. The bank appointed Senior Vice President George Hoeffner to lead this new effort. read more

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Terry Mulreany
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