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The Lessors Network delivers complex information in a highly readable format examining the latest trends and technologies in the commercial equipment lease finance markets.

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The Lessors Network keeps the largest equipment lease finance community on the Web informed of news and events shaping our fast paced industry by aggregating industry relevant news, press releases, legislative and regulatory updates from trusted sources around the world.

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Backblaze, a Pioneer in Robust, Scalable Cloud Backup and Storage Services, Secures $18M IT Lease Facility from Data Sales Co.
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Cloud storage company obtains large lease line for its domestic and global IT equipment expansion.
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Comvest Credit Partners Announces Investment in Speed Leasing Company, LLC
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Speed Leasing is a pre-owned motorcycle leasing company
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Optimal Leasing LLC
Optimal Leasing LLC

Richard Ross / 513.489.1222

Optimal Leasing LLC has operated as an independent Minority Business Enterprise Lessor with an emphasis on Capital equipment primarily IT, Data Storage, Telecom, Point of Sale, Medical and Material Handling equipment.

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India Eyes Leasing Russian Submarine
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India may soon be expanding military cooperation with Russia, as the South Asian country’s defense ministry has expressed readiness to sign more defense deals with Russia.
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Train Trailer significantly increases chassis fleet and customer base for Montreal Market
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The purchase will be immediately integrated into Train Trailer’s existing operation at 1111 Pitfield, Montreal.
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TimePayment™ Appoints New Director of Strategic Alliances
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TimePayment, an award-winning FinTech company, is announcing the appointment of Sue Monfore to the senior sales team.
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CIT Launches Community Investment Loan Program
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CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals.
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2019 Economic Outlook Forecasts 4.1% Expansion In Equipment and Software Investment and 2.3% GDP Growth
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The economy remains generally healthy, yet the strong growth achieved in Q2 and Q3 is unlikely to be repeated in 2019 as headwinds build.
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FASB Issues Narrow-Scope Improvements to Accounting for Lessors
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“The ASU addresses these issues to help lessors with their implementation and ongoing application of the leases standard without compromising information provided to users of financial statements.”
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Priority One Adds Lenders To Their Electronic Closing Process
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Priority One Financial Services, Inc., the recreational industry’s oldest and largest F&I outsourcing provider
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Ritchie Bros. sells €42 million of equipment at December auction in Moerdijk, The Netherlands
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Two-day auction attracts 2,100+ bidders from 92 countries; 45% of equipment sold online
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SBFA Announces Support for The Small Business Fairness Act
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The bill would provide greater protection for small businesses
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CLFP Foundation Adds 26 New CLFPs
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The CLFP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the equipment finance industry.
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Summit Funding
Summit Funding Group
Richard Ross / 513.489.1222

Since our inception in 1993, Summit Funding Group, Inc. has amassed a high performing portfolio in excess of $3 billion in equipment lease and finance originations and a history of working with companies of all sizes and most industries.


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U.S. gains 155,000 jobs, unemployment stays at 3.7% in plain-vanilla November labor report
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Yearly increase in U.S. wages remains at nine-year high of 3.1%
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U.S. Lender Sees New Models Creating Interest in Middle East
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Global Jet Capital, the U.S.-based business-jet finance concern founded in 2014, said the trend for purchase of brand-new aircraft in the Middle East had reversed in favor of preowned models in the past 12 months...
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Waypoint Leasing Enters into Definitive Agreement to Sell Its Assets to Macquarie Group for $650 Million
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Macquarie’s acquisition of Waypoint is expected to close in the first quarter of 2019, subject to, among others, Bankruptcy Court and regulatory approval.
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Plane lessor Avolon signs $11.5 billion deal for 100 Airbus jets
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Chinese-owned Irish leasing company Avolon firmed up its largest ever purchase on Friday...
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U.S. factory orders post largest drop in more than a year
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Factory goods orders fell 2.1 percent amid a decline in demand for a range of goods, the Commerce Department said on Thursday.
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Clearlake Capital Completes Its Acquisition Of symplr
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New buy and build investment in leading healthcare governance, risk and compliance SaaS platform
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LeasingWorld | Media
Leasing World
Richard Ross / 513.489.1222

LeasingWorld magazine is a world leader for leasing news and analysis. Because we see our leasing industry as a global community, we tailor our output to satisfy the whole of the leasing world, right across the globe.

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