Wells Fargo Equipment and Vendor Finance announced that it has promoted two leaders to strengthen its executive team. Ben McCarrick has been appointed as Head of Equipment and Vendor Finance Underwriting, while James Schulte was promoted to Managing...
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January 28, 2025, 07:15 AM
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The Equipment Leasing and Finance Association released the December CapEx Finance Index showing new business volume surged at year-end 2024. To follow are highlights from the report:
FORECAST: Growth in new business volumes suggests durable goods...
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January 28, 2025, 07:10 AM
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Holland & Knight has further strengthened its Financial Services Team with the addition of Evan Kelson as a partner in New York. He was previously a partner at Mayer Brown.The addition of Kelson follows the recent recruitment of Dimitri Nionakis, a...
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January 28, 2025, 07:00 AM
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The latest release of ACT’s For-Hire Trucking Index indicated slower growth in freight volumes outweighed the slight contraction in capacity in December.The Volume Index decreased 1.0 point in December to 51.0, seasonally adjusted (SA), from 52.0 in...
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January 28, 2025, 06:55 AM
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FTR’s Shippers Conditions Index improved by a point in November to a reading of 2.3, indicating a modestly favorable market for shippers. Lower fuel costs and marginal loosening of capacity resulted in better market conditions in November, offsetting...
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January 28, 2025, 06:52 AM
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Heritage Bank, a wholly-owned subsidiary of Heritage Financial Corporation, announced its expansion into Spokane, Wash., with the addition of James Krejci, senior vice president, commercial team leader; Timothy Engh, senior vice president, commercial...
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January 28, 2025, 06:45 AM
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The Federal Deposit Insurance Corporation (FDIC) approved a Bank Merger Act (BMA) application submitted by WesBanco Bank, Wheeling, West Virginia, to acquire and merge with Premier Bank, Youngstown, Ohio. The resulting bank will operate in West...
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January 28, 2025, 06:40 AM
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Sunstate Equipment’s Board of Directors announced the appointment of Norty Turner as President and CEO beginning Feb. 10, 2025. Turner succeeds Chris Watts, who will retire as President and CEO e?ective March 28, 2025.“Chris is an inspiring...
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January 28, 2025, 06:40 AM
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AFG and Lightbrook announced the launch of Alliance Equipment Finance, a new standard of efficiency and expertise to equipment financing. Specializing in transactions ranging from $5 million to $50 million, AEF offers businesses streamlined financial...
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January 27, 2025, 07:15 AM
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MMP Capital, a private commercial lender specializing in healthcare finance, as well as financing across multiple verticals, announces a record-setting performance in December 2024 and Q4 2024. With total originations hitting $55.6 million for...
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January 27, 2025, 07:10 AM
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