The Equipment Leasing & Finance Foundation (the Foundation) released the February 2024 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and...
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February 22, 2024, 07:20 AM
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Types of fraud common in the equipment finance industry, ways to identify fraud, and solutions to prevent and mitigate it were the topics of the Equipment Leasing and Finance Association’s recent webinar, “Fraud: What’s Old is New Again.” Debbie...
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March 30, 2023, 07:20 AM
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The Equipment Leasing and Finance Association (ELFA) announced its new Board of Directors and Officers. Kristine A. Snow, President, Cisco Systems Capital Corporation, is the new ELFA Board Chair and Michael DiCecco, President of Huntington Equipment...
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October 28, 2020, 07:25 AM
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Equipment and software investment growth decelerated during the second consecutive quarter and is expected to moderate at 3.9 percent (unchanged from the Q3 Update of the Economic Outlook published in July), according to the Q4 Update to the 2019...
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October 11, 2019, 07:25 AM
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Huntington Equipment Finance appointed industry veterans Kim Trombetta and Herb Reeder to lead the continued growth of its sell-side syndications.Based in Cincinnati and reporting to Dan Fluharty, SVP and senior managing director of Huntington...
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July 17, 2017, 07:16 AM
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CIT Group announced that CIT Capital Equipment Finance made several key appointments designed to further build a best-in-class originations team focused on creating tailored capital equipment financing solutions for middle-market companies.
“I am...
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March 04, 2016, 07:32 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their...
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October 23, 2015, 07:05 AM
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Huntington Bancshares completed its acquisition of Michigan-based Macquarie Equipment Finance, Inc. from its parent company, Sydney, Australia-based Macquarie Group Ltd. The acquisition is expected to be accretive to Huntington’s earnings in 2015....
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April 01, 2015, 07:17 AM
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Huntington Bancshares announced the signing of a definitive agreement for Huntington National Bank to purchase Bloomfield Hills, Michigan-based Macquarie Equipment Finance, Inc. (MEF-US). With approximately $500 million of annual originations, MEF-US...
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February 24, 2015, 07:12 AM
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Michael DiCecco, a 25-year banking veteran, has been named president of Huntington Equipment Finance, the bank announced today. Over the last decade, DiCecco helped to launch the bank’s equipment finance division and drive its growth to more than...
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September 10, 2013, 07:04 AM
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Huntington Bancshares reported 2013 first quarter net income of $151.8 million, a decrease of $1.5 million, or 1%, from the 2012 first quarter and a decrease of $15.5 million, or 9%, from the 2012 fourth quarter. Commercial and Industrial (C & I)...
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April 18, 2013, 06:54 AM
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During the 51st Annual Convention of the Equipment Leasing and Finance Association (ELFA), the association announces its new Board of Directors and Officers who will serve during the next 12 months. Richard J. Remiker, President of Huntington...
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October 24, 2012, 07:45 AM
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