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Volvo Financial Services Appoints Dumbill SVP & Chief Risk Officer

Volvo Financial Services appointed Brian Dumbill chief risk officer responsible for managing the global portfolio, asset management and remarketing, operational control and enterprise risk management for the company. read more

CLFP Foundation Adds 30 New CLFPs Through Online Academies

The Certified Lease & Finance Professional Foundation added 30 new CLFPs through two online Academies for Lease & Finance Professionals, which were originally scheduled to be in-person events but were moved to a digital format due to the COVID-19 pandemic. read more

Amur Equipment Finance Closes Eighth Term Securitization

Amur Equipment Finance closed its eighth term securitization, in which it issued $226.3 million in notes secured by small- and mid-ticket equipment loans and leases. read more

Equipment Leasing and Finance Industry Confidence Surges in June

Confidence in the equipment finance market increased to 45.8, up from the May index of 25.8, according to the June 2020 Monthly Confidence Index for the Equipment Finance Industry from the Equipment Leasing & Finance Foundation. read more

Bank of the West, SunPower Enter Program Agreement for Solar Financing

Bank of the West closed a new program with SunPower that will provide SunPower Commercial dealers a new financing option as part of a one-stop-shop complete solution. read more

TIAA Vendor Finance Discontinues Office Products Platform

TIAA Commercial Finance’s vendor equipment finance business will concentrate on its existing healthcare, industrial and capital markets platforms and no longer originate new business in its office products platform, a segment it paused in response to the global COVID-19 pandemic. read more

Wintrust Commercial Finance Promotes Forbes to EVP, Chief Sales Officer

Wintrust Commercial Finance promoted Thomas G. Forbes to executive vice president and chief sales officer. In this role, Forbes will be responsible for all originations for WCF, as well as the continued buildout of the direct sales teams in the east, central and west regions. read more

Industry Veterans Mascaro and Wall Join the Dext Capital Team

Dext Capital added Patty Mascaro as vice president of business development and Garry Wall as vice president and vendor relationship manager. Mascaro was most recently at Marlin Capital Solutions and Wall previously served with Wheeler Financial, TIAA and Henry Schein. read more

KBRA COVID-19 Research: Can Credit Hold Ground with U.S. ‘Spiraling Out of Control?’

This KBRA report examines the dramatic tightening in most credit spreads in the face of a still unfolding pandemic, deep economic recession and an uncertain political landscape. read more

WSFS Bank Ranked No. 21 on Forbes’ Second Annual World’s Best Banks List

WSFS Bank was named one of the highest-ranked locally-based banks on Forbes’ second annual World’s Best Banks list. Overall WSFS ranked No. 21 in the United States. This is the first time WSFS has made the global list. read more

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