XS Financial, a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, has amended and upsized its current $54 million line of credit with Needham Bank to $70 million. Loans made under...
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June 07, 2024, 07:05 AM
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Post Road Equipment Finance (PREF, formerly known as Encina Equipment Finance) announced Linda Jacobson has joined its Operations team as Vice President.In her new role with PREF, Jacobson will be responsible for key operations functions related to...
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April 15, 2024, 07:23 AM
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Post Road Equipment Finance, formerly known as Encina Equipment Finance, announced that Christopher Demtschenko has joined its commercial team as a Vice President. As a Vice President, Demtschenko will primarily be responsible for new business...
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January 29, 2024, 07:20 AM
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Members of the equipment finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released the 2024 ELFA Calendar of Events, which...
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January 08, 2024, 07:23 AM
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Ivory Consulting proudly celebrates its 40th anniversary as a pioneer in the equipment finance industry. Over the last four decades, Ivory Consulting has transformed into the industry’s premier provider for equipment lease and loan pricing, portfolio...
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October 12, 2023, 07:12 AM
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Investment in equipment and software is projected to expand 4.1 percent next year according to the 2019 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation.Equipment and software investment...
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December 11, 2018, 07:20 AM
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In response to a shifting equipment finance industry, the National Association of Equipment Leasing Brokers (NAELB) announced today at its 2018 Annual Conference that the association has changed its name to the American Association of Commercial...
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April 27, 2018, 07:30 AM
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Sparta Commercial Services, Inc. announced the launch of a new Equipment Financing Program designed to meet the needs of small to midsize businesses throughout the U.S. Sparta is already known for its heritage within the Municipal Leasing...
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March 09, 2018, 07:30 AM
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The vast majority (78%) of U.S. businesses lease or finance their equipment, and today the Equipment Leasing and Finance Association released a new infographic highlighting why this method of equipment acquisition is so popular. The “8 Reasons to...
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February 15, 2017, 07:00 AM
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The new officers and directors of the National Association of Equipment Leasing Brokers, (NAELB), for 2016-2017 took on their roles at the Annual Business Meeting during its 2016 Annual Conference, Executive Director Joe Casey announced. The...
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May 02, 2016, 07:05 AM
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The Equipment Leasing and Finance Association (ELFA) which represents the $1 trillion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2016. Given U.S. businesses, nonprofits and government agencies will spend over...
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January 12, 2016, 07:16 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the April 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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April 21, 2015, 06:28 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the February 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of...
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February 23, 2015, 07:10 AM
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A person never knows what a Las Vegas night may inspire when three friends who happen to be former leasing executives get together to celebrate the birthday of their colleague. "We're small-time gamblers, but big time, big ticket leasing guys!" jokes...
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February 02, 2015, 07:05 AM
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Visitors to the Equipment Leasing and Finance Association’s (ELFA) end-user website, Equipment Finance Advantage, will find new enhancements that make it a more powerful resource than ever for helping businesses take advantage of the benefits of...
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January 20, 2015, 07:00 AM
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CapX Partners today their closing of a $6 million equipment lease line of credit to support the financing needs of All Around Roustabout, LLC (AAR), an energy services company focused on oil and natural gas.All Around Roustabout (AAR) provides...
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January 15, 2015, 07:05 AM
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Members of the equipment leasing and finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released its 2015 calendar of events...
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January 06, 2015, 06:51 AM
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Investment in equipment and software is expected to grow 5.5 percent in 2014, according to the Q4 update to the 2014 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. The Foundation...
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October 03, 2014, 07:00 AM
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Bloomberg reported Marathon Asset Management LP is seeking to raise a $500 million fund to capitalize on a lending void left by banks primarily in the U.S., according to a person with knowledge of the matter. According to the Bloomberg report...
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September 15, 2014, 07:00 AM
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April North American Classes 5-7 net orders are expected at 17,800 units (±5%) and Class 8 net orders are expected at 24,400 units (±5%), when actual data are released mid-month.“Total NA Classes 5-8 orders totaled 42,200 units in April. While...
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May 05, 2014, 06:00 AM
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CIT Group announced that CIT Maritime Finance provided a $55 million senior secured credit facility to Tanker Solutions LLC, a joint venture between Prime Tanker Management and Castlelake, L.P. The facility supports the purchase of a fleet of four...
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April 09, 2014, 06:00 AM
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Equipment Finance Advisor is pleased to announce significant online resource additions and milestones achieved over the past twelve months.
Addition of Employment Advertising – provides current job opportunities in the equipment finance industry...
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March 06, 2014, 06:40 AM
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TIP Capital and Green Charge Networks (GCN), a leader in Power Efficiency, have announced a program to offer $0 down financing for GCN's retail, municipal and industrial customers. The initial commitment will consist of an unprecedented $10 million...
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March 05, 2014, 06:31 AM
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The demand for lending in the middle market is robust, according to Jeff Kilrea, Co-Head and Managing Director of CIT Sponsor Finance at CIT Group, Inc. These views and others are presented in the “2014 Middle Market Private Equity Outlook”, the...
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March 04, 2014, 06:50 AM
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Economic activity in the manufacturing sector expanded in February for the ninth consecutive month, and the overall economy grew for the 57th consecutive month, say the nation's supply executives in the latest Manufacturing ISM® Report On...
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March 04, 2014, 06:43 AM
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The January Rouse Value Index™ for used equipment prices did not change from December values. This remains 1.1% higher than the prior peak of 43.6 in April 2007, and 48.5% higher than prior trough of 29.7 in June 2009. The Rouse Value Index™ measures...
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March 04, 2014, 06:33 AM
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