The Lessors Network

NEFA’s National Equipment Finance Summit Achieves Record Highs . NEFA’s Executive Director, Michael Toglia said, “This historical event is indicative of the unique value proposition NEFA provides professionals serving the equipment finance industry from all parts of our industry." .

. Pollack Shores Launches Opportunity Zone Initiative . One of the first to actualize multifamily investments in Opportunity Zones .

. CNote Launches Wisdom Fund to Close Lending Gap for Women . New impact investment vehicle provides funding to underserved women of color and low-income women entrepreneurs across the country .

. Foods Company in Vermont Chooses TAB Bank for a $2 Million Revolving Credit Facility . TAB Bank provides custom working capital solutions to commercial businesses across a wide range of industries. .

. Sunil W. Savkar Joins Debevoise's Finance Group . Mr. Savkar has built a reputation as a leader in the leveraged finance space. .

. Jet Airways Cancels Flights as Four More Planes are Grounded by Lessors . Cash-strapped Jet Airways (India) Ltd said lessors had grounded four more planes on Monday because of non-payment of dues, taking the total number of such aircraft to about 60, or about half its pre-crisis flee .

. U.S. factory orders barely rise; shipments fall further . New orders for U.S.-made goods rose less than expected in January and shipments fell for a fourth straight month, offering more evidence of a slowdown in manufacturing activity. .

. Henry Schein Financial Services Celebrates 20 Years Helping Health Care Practitioners Achieve Practice Success . Henry Schein Financial Services (HSFS), a subsidiary of Henry Schein, Inc. (Nasdaq: HSIC), today celebrates its 20th anniversary delivering customized financial and business solutions that help oral health and medical practitioners improve operational efficiency. .

. Pitney Bowes Partners with Genpact to Leverage Best-in-Class Digital Technology Platform for Financial Services Business . Wheeler Financial™ from Pitney Bowes Launched to Provide Equipment Financing to Small and Medium Businesses .

. Bridge Bank Opens New Office in Seattle, Hires Tom Reimer as Senior Vice President . Bridge Bank's Seattle office will be led by Tom Reimer, who has over 20 years of experience in technology banking, including working with venture capitalists, attorneys, and CPAs. .

. Summit Funding Group Expands Construction And Material Handling Division With Addition Of Two Industry Veterans . In their new roles, industry veterans Scott Morrish and Jason Bovard will manage account sales and relationships with vendor and OEM partners across the United States. .

. Crowe introduces lease accounting software built for government entities . Designed by the accounting and technology professionals at Crowe, the Crowe Lease Accounting Optimizer for public sector helps organizations overcome these challenges and streamline lease accounting business processes. .

. LeaseAccelerator to Share Best Practices for Long Term Success with Lease Accounting at SAPinsider Financials . Financial Reporting and Leasing experts share roadmap for success with ASC 842 and IFRS 16 with SAP-Centric companies .

. Cervus Equipment Corp. Announces 2018 Year End Results . Cervus acquires and operates authorized agricultural, transportation and materials handling equipment dealerships. .

. Xerox says exploring potential deal for financing business . Reuters reported last July that Xerox was considering the sale of a leasing unit that lends money to customers to rent printers and equipment. .

. CIT Names James R. Hubbard as General Counsel . Hubbard will join CIT's Executive Management Committee and report to Chairwoman and Chief Executive Officer Ellen R. Alemany. .

. Pitney Bowes Strengthens Commitment to Small and Medium Businesses with Addition of New Talent . Lee Bergeron and Karen Savoca bring deep expertise and extensive financial knowledge to Pitney Bowes, strengthening the company’s commitment to helping small and medium businesses secure the capital they need to grow their businesses. .

. AviaAM Leasing delivered two Airbus A321 to Air Transat . AviaAM Leasing, a global aviation holding company, engaged in tailored aircraft leasing and trading services, has announced the delivery of two Airbus A321-211 aircraft to Canada‘s leading holiday travel airline company – Air Transat. .

. Equipment Leasing and Finance Industry Confidence Increases Again in March . Overall, confidence in the equipment finance market increased in March for the second consecutive month to 60.4, up from the February index of 56.7. .

. Chesswood Announces Results For 2018 . Eighth Consecutive Year of Record Operating Income and Originations Income before Taxes of $32.7 million vs $27.8 in 2017 .

. Fountainhead Small Business Finance Names Michael Bland COO . Fountainhead SBF LLC and its sister-company, Fountainhead Commercial Capital, specialize in providing SBA 504 loans, SBA 7(a) loans, and low loan-to-value conventional loans nationwide. .

. NextLot and CIT Direct Capital Launch a Strategic Relationship to Enable Auction Buyers to Finance Equipment Purchases . NextLot, Inc., which provides a privately branded online auction solution for auctioneers, announced today that it formed a strategic relationship with CIT Direct Capital, the leading equipment finance lender in the United States. .

. U.S. core capital goods orders post biggest gain in six months . WASHINGTON, (Reuters) - New orders for key U.S.-made capital goods rose by the most in six months in January and shipments increased, pointing to strong business spending on equipment at the start of the year. .

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