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WSFS Hires Former Wells Fargo Relationship Managers for Commercial Banking Team

WSFS Bank expanded its commercial banking team in the Greater Philadelphia region with the addition of three commercial lending relationship managers, including Kimberly Godshall, Duane Lacsamana and Scott Woll Jr. read more

SBA Extends COVID-19 EIDL Application Deadline to Dec. 31, 2021

The U.S. Small Business Administration extended the deadline to apply for the Economic Injury Disaster Loan (EIDL) program for the COVID-19 pandemic disaster declaration to Dec. 31, 2021. The deadline extension comes as a result of the recent COVID-19 relief bill. read more

CLFP Foundation Adds 17 New CLFPs

The Certified Lease & Finance Professional (CLFP) Foundation added 17 new CLFPs who recently sat through and passed the eight-hour online CLFP exam. read more

Aircraft Passenger Traffic Falls 67% in 2020; Leasing Becoming Primary Way to Finance Aircraft

According to a report from global aviation data firm Cirium, in comparison with last year, airline passenger traffic is estimated to be down 67% in 2020. In addition, Cirium predicted that aircraft leasing will push past 50% in 2021, becoming the major manner in which aircraft are financed. read more

DLL Partners with Xos Trucks to Finance Transition to Electric Trucks

Xos Trucks, a manufacturer of electric commercial vehicles, entered a partnership with DLL to provide financing for electric vehicles. The financing partnership between Xos and DLL will further enable the transition from traditional diesel trucks to electric. read more

Dext Capital Adds Olivo to Vendor Sales Team

Dext Capital hired Anthony Olivo as inside sales account manager to originate vendor business opportunities and manage national vendor programs in the healthcare market. read more

Rinaldi Interviews Zeihan About COVID-19 Vaccine Rollout, Impact on Equipment Spending

Bob Rinaldi, president of Rinaldi Advisory Services, released an exclusive video interview with geopolitical expert Peter Zeihan, who discussed the rollout of the COVID-19 vaccine and its economic impact over the next three years on capital equipment spending. read more

Ubiquity Solar Acquires Rights to Assets of Alta Devices From Utica Leaseco

Ubiquity Solar and Utica Leaseco executed a definitive agreement whereby Ubiquity has procured from Utica rights to the intellectual property, R&D, production, inventory and other assets previously part of Alta Devices of Sunnyvale, CA. read more

ELFF: Equipment Finance Industry Confidence Reaches Pre-Pandemic Levels

According to the Equipment Leasing & Finance Foundation’s December 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 59.7, an increase from the November index of 56.1. read more

Monitor Announces New Members of 2021 Monitor Editorial Board

Monitor, the leading source of information for the equipment finance industry, announced the members of its 2021 Editorial Board. Ten new members will join the board and four members will continue from Monitor’s inaugural editorial board.  read more

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