Following the Federal Reserve’s interest rate cuts in September, new data reveals a $10.5 billion, or 5.1% increase, in new business volume for equipment leases and loans from September to October, its largest jump since August 2023, according to the...
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November 26, 2024, 07:15 AM
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Capstone Partners released its 2024 Middle Market Business Owners Survey Report, with insights from privately-owned companies across the U.S. This report combines Capstone's in-depth middle market knowledge with proprietary data obtained from 404...
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November 26, 2024, 07:05 AM
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360 Equipment Finance announced that two of its executives have been appointed to serve on the Equipment Leasing and Finance Association's (ELFA) 2025 Business Council Steering Committees.Kip Amstutz, CLFP, CEO of 360 Equipment Finance, will serve on...
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November 26, 2024, 07:00 AM
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October net trailer orders, at 16,900 units, were up 40% from September, but 52% below the level accepted in October 2023, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report.“Cancellations moved lower in...
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November 26, 2024, 07:00 AM
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Old National Bancorp and Bremer Financial (“BFC”) announced that they entered into a definitive merger agreement. Founded in 1943, BFC is the bank holding company for Bremer Bank.As of Sept. 30, 2024, Bremer had $16.2 billion in total assets, $11.5...
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November 26, 2024, 06:53 AM
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Cadence Bank announced that Brad Silcox has joined the organization as executive vice president and president of asset management and trust.
Silcox has spent the past 20 years at Wilmington Trust, a subsidiary of M&T Bank, in various executive...
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November 26, 2024, 06:50 AM
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PlainsCapital Bank announced that Jorge Vernaza has joined its Houston lending team as Senior Vice President, Senior Commercial Loan Officer.As Senior Commercial Loan Officer, Vernaza will focus on building and managing relationships with commercial...
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November 26, 2024, 06:50 AM
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Columbia Financial announced that Matthew Smith has been appointed as Senior Executive Vice President and Chief Operating Officer of the company and the Bank effective Nov. 25, 2024. The company previously disclosed the retirement of E. Thomas Allen...
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November 26, 2024, 06:49 AM
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During the National Equipment Finance Association Annual Meeting, in conjunction with the 2024 Fall Conference, the new Board of Directors were announced. Dennis Dressler, Dressler & Peters & NEFA Legal Committee Chair, announced that the quorum was...
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November 25, 2024, 07:15 AM
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Mitsubishi HC Capital America announced that Chris Pagano, Senior Vice President of Structured Finance and Leasing, has been reappointed to the Equipment Leasing and Finance Association’s (ELFA) Independent Business Council Steering Committee for a...
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November 25, 2024, 07:06 AM
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