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Lessors Network News

Breaking News covers a broad range of subjects examining the latest trends and technologies driving the equipment lease finance markets.

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New Solution From Bloomberg Tax Addresses Accounting Compliance Challenges
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Accounting Portfolios incorporate expert-written analysis on more than 80 topics, including lease accounting standards, credit losses, revenue ...
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U.S. Manufacturing Technology Orders for November 2018 on Par with October Levels
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Manufacturing technology orders were $458 million in November, down 2 percent from October levels and up 7 percent from November 2017 numbers.
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ProLease Adds Key Member to Technical Accounting Team
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Latest hiring reflects ProLease’s continued efforts to aid customers’ compliance with new FASB / IASB lease accounting standards.
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LeaseAccelerator Continues Growth with Oracle-Centric Companies
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Over 50 Oracle ERP accounts have selected LeaseAccelerator for IFRS 16 and ASC 842 compliance
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Onset Financial Names New President of Lease Operations
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Haynes is a leading authority on creating efficiencies and policies that support the growth of Onset Financial.
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SHARC Announces Strategic Equipment Financing Relationship with Partners Capital Group Inc.
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Partners has funded over 10,000 transactions and more than $800,000,000.00 in equipment...
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Dean N. Gerber to Join ORIX Aviation as General Counsel
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Mr. Gerber joined Vedder Price in 1991 and is regarded as one of the top aviation lawyers in the world.
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Balboa Capital Survey Reveals Small Business Owners Bullish on Economy, Have Increased Capital Investment and Hiring Plans in 2019
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Results of a new nationwide survey show a significant number of small business owners express optimism about the U.S. economy and are planning to invest in their companies and hire more employees.
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Levine Leichtman Capital Partners Announces Eight Promotions Across US, UK and European Fund Groups
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Micah Levin (U.S.) and Matthew Rich (U.S.) have been promoted to Managing Director.
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12th Asian Financial Forum Opens
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Some 700 one-on-one meetings are expected to be arranged.
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Reuters - Citigroup sees $2 billion more revenue from lending in 2019, shares rise
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Citigroup Inc said it would earn $2 billion more in revenue from its lending activities this year than in 2018 as it reported better than expected fourth-quarter earnings, sending its shares more than 4 percent higher.
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MB Business Capital Canada Provides $20 Million Revolving Line of Credit for CDI Computer Dealers, Inc.
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MB Business Capital Canada acted as sole lender and administrative agent on the funding of a $20,000,000 senior revolving credit facility to CDI Computer Dealers, Inc.
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US Venture Capital Investment Reached $130.9 Billion in 2018, Surpassing Dot-Com Era
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The fourth quarter saw $41.8 billion invested across 2,072 deals, closing out the full year with 8,948 completed deals totaling $130.9 billion, a new all-time high.
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Crestmark Welcomes David Koran as Vice President, Business Development Officer to East Division
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Koran brings nearly 20 years of commercial finance experience to Crestmark.
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2019 AHA Team Training National Conference | June 12 - 14 | San Antonio, TX
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CIT Bank Provides Grant to Neighborhood Housing Services of LA County
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CIT Bank N.A., the banking subsidiary of CIT Group Inc., today announced a $350,000 grant in support of Neighborhood Housing Services of Los Angeles (NHS).
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CIT to Announce Fourth Quarter 2018 Financial Results
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Conference Call and Audio Webcast Scheduled for 8 a.m. ET, Jan. 29
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Crestmark Provides More Than $59.4 Million in Commercial Financing to 82 Businesses in the Second Half of December
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Crestmark Vendor Finance funded $4,738,826 in 59 transactions in the second half of December.
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Ascentium Capital Announces Annual Funding Volume Record of $1.23 Billion
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As a direct lender, Ascentium Capital LLC specializes in providing a broad range of financing, leasing and small business loans.
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First National Capital Provides $10.0MM for Oil Rig
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FNCC has deployed more than $2.2B in capital to companies throughout the U.S. and Canada for equipment, project and aviation financing.
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Crestmark’s Government Guaranteed Lending Division Vice President Jared Lemmermen Earns NAGGL Fundamental Lender Diploma
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Lemmermen joined the GGLD in April as vice president, eligibility and compliance specialist.
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Willis Lease Finance Closes Ten Aircraft Sale and Leaseback with easyJet Airline
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Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries.
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Carlyle Aviation Partners Names Edward O’Byrne as Managing Director
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...he will play a senior role in the firm’s aircraft leasing and financing activities.
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Industry Events - 2019
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Arrow Equipment Leasing & Finance Association - 2019
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Arrow Microfinance Event | Financial Inclusion Summit | 2/16 | Dhaka, Bangladesh
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Arrow 2019 AHA Team Training National Conference | 6 / 12 - 14 | San Antonio, TX
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Economic Activity Reports
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Arrow November '18 New Business Volume Up 7%
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Arrow October '18 New Business Volume Up 6%
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Summit Funding Group
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Summit Funding

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.

Richard Ross - 513.489.1222
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Summit Funding
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Optimal Leasing LLC
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Optimal Leasing LLC

Optimal Leasing LLC , an independent MBE originally founded in 1996 with a specific emphasis on providing lease financing for capital equipment, assist customers who have diversity objectives and are interested in Tier 1 & 2 spend.

Larry Robinson - 248.738.2699
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LeasingWorld
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LeasingWorld | Media

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.

Jan Szmigin - +44(0)1905 621444
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