The Lessors Network

ELFA Inducts Edward A. Dahlka, Jr. Into Equipment Finance Hall Of Fame . Dahlka’s career in the equipment finance industry spanned more than four decades.

. Q4 Equipment Leasing & Finance Industry Snapshot now available . The presentation slide deck summarizes the current conditions of the U.S. economy and equipment finance industry with clear, easy-to-digest charts and short narratives of key trends.

. GSG AMR Adds Chris Meeks to Executive Management Team . GSG Financial is a captive equipment lessor and financial solutions provider based in New York City.

. First Republic Reports Strong Third Quarter 2018 Results . Year-Over-Year Total Revenues Increased 15% and Wealth Management Assets Increased 29%

. Dan Ruskiewicz and Rob Auer Celebrate 10 Years with Priority One . Priority One has been serving the marine and RV industry since 1987.

. ELFA Survey: Compensation In The Equipment Finance Industry Shows Modest Growth . Total compensation was up on a year-over-year basis for most functions and levels.

. KYN CAPITAL GROUP INC., Announces the acquisition of ATAX Financial, Inc. . Equipment Leasing for Organic Grow Rooms with Acquisition Partners

. CFOs Fret About Loans on the Eve of New Accounting Rule - WSJ . Companies will be required to report operating leases on their balance sheets next year, a shift that can trip loan covenants and cause lenders to recall the debts

. Signature Bank Appoints Financial Professionals to Its Asset-Based Lending Business and Specialty Finance Subsidiary . Eight Financial Executives Join the Bank’s Specialty Lending Areas, Further Solidifying its Leadership Position Across Key Disciplines

. Amy Long Joins LeaseAccelerator as Vice President of Talent Development . Amy brings over 20 years of experience at high growth tech companies implementing and building out all human resource functions

. CIT Serves as Sole Lead Arranger on $15 Million Maritime Loan . The loan partially finances the purchase of two containerships, which will be operated in a pool run by a prominent European ship manager.

. Q4 Economic Outlook Forecasts 7.9% Growth In Equipment and Software Investment in 2018 . Overall, the economy is expected to grow 2.9% in 2018, unchanged from our most recent forecast and well above last year’s 2.2% growth rate.

. Latin American Leasing Conference Slated Nov. 7-8 in Miami . The event draws investors, directors and managers of leasing companies with interests or operations in Latin America.

. NEFA’s 2018 Funding Symposium Breaks Multiple Records . The Funding Symposium also serves as the Annual Business meeting for the National Equipment Finance Association, and Officers and Directors for the next twelve months were elected during the conference.

. Local Matters to the Vast Majority of Southern Californians . OneWest Bank's new survey highlights regional banking trends and perceptions

. Apollo to Buy $1 Billion of Energy Investments From GE Capital . The deal underscores GE’s efforts to rein in its once-vast finance business and narrow its focus on manufacturing industrial equipment.

. Bell Bank launches equipment finance unit in Minneapolis . Bell Bank is launching a new equipment finance division in Minneapolis to serve the manufacturing, transportation, construction and agriculture industries.

. Ascentium Capital Surpasses $2 Billion In Managed Assets . Ascentium Capital LLC specializes in providing a broad range of financing, leasing and small business loans.

. CIT Completes Sale of its European Rail Business . CIT Group Inc. (NYSE: CIT) today announced that it completed the sale of NACCO, its European rail leasing business, for net proceeds of $1.1 billion based on current exchange rates.

. Sterling National Bank Expands Specialty Finance Team with Key Hires . Sterling National Bank (NYSE: STL) today announced four key additions to its Specialty Finance team.

. Reliant Funding Expands Executive Team as Company Continues to Grow . Headquartered in San Diego with offices in New York, Reliant Funding provides customized, short-term funding to small and mid-sized businesses nationwide.

. National Funding Promotes Justin Thompson To Chief Revenue Officer . Led Sales for Robust Six Year Double-Digit GrowthHelped Propel National Funding to be a Top 10 Alternative Lender

. Huntington Bank Takes Top Spot Nationally For SBA 7(a) Loan Origination By Volume . 10th consecutive year Huntington has led SBA 7(a) loan originations within its footprint.

. U.S. Small Business Lending Keeps Rolling in August - PayNet . Blistering Pace of Capital Investment Continues Alongside Strong Financial Health

. Monitor & Molloy Associates Acquired by Industry Vets Lisa Rafter & Kate Majewski . Lisa Rafter and Kate Majewski, owners of LK Consulting Partners LLC, have acquired Monitor, the leading source of news for the equipment finance industry, and Molloy Associates...

. Celadon Group Announces Agreement to Dispose of Interest in 19th Capital . 19th Capital provides equipment financing to owner-operator drivers and private fleets.

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