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Breaking News & Industry Alerts publishes and distributes breaking news (Press Releases, Legislative & Regulatory Updates, Events & Personnel Announcements), Funding Request Alerts, Service Request Alerts and Employment Alerts.

The Email Alert Subscription Network, a free email service landing on the desk of thousands of business professionals around the world every morning, (excluding slow news days when there is little relevant news to report) will keep you informed of events and opportunities shaping the fast paced equipment leasing markets.

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Avolon to borrow $8.5bn to buy CIT’s leasing arm - Purchase will turn Irish-headquartered firm into world’s third-biggest air leasing group

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1st Source Corporation Reports Earnings, History of Increased Dividends Continues - 1st Source Bank, today reported net income of $57.79 million for the year of 2016, compared to $57.49 million in 2015.

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Citizens Financial Group, Inc. Reports Fourth Quarter Net Income of $282 Million and Diluted EPS of $0.55 - “We are pleased to report another strong quarter with improving results, as we continue to run the bank better and deliver well for all stakeholders,” said Chairman and Chief Executive Officer Bruce Van Saun.

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4 Ways Small Businesses Can Use Large-Business Fund-Raising Tactics - ...a recent survey found that 27 percent of businesses responding reported being unable to access the funding they needed.

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GATX Corp's (GATX) Q4 Earnings & Sales Top; Shares Gain - GATX Corporation GATX reported better-than-expected earnings per share and revenues in the fourth quarter of 2016.

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Onset Financial Lands Award Winning Journalist As Vp Of Marketing And Public Relations - Debbie Worthen is a household name in Utah.

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Ascentium Capital Named a Finalist in First Annual LendIt Awards - Ascentium Capital was selected out of hundreds of applicants by over 30 industry experts who judged the finalists that represented innovation, emerging talent and top performers.

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New banking rules to increase aircraft lessors’ borrowing costs - Basel IV reforms will make lending against aircraft more expensive

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PDS Gaming Is Acquired by an Affiliate of Northlight Financial - PDS is one of the leading providers of customized financing of gaming equipment and services in the US and abroad with a 30 year operating history and vendor licenses in 30 jurisdictions.

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Signature Bank Reports 2016 Fourth Quarter and Year-End Results - Net income for the 2016 fourth quarter reached a record $113.9 million, or $2.11 diluted earnings per share, compared with $103.0 million, or $2.01 diluted earnings per share, for the 2015 fourth quarter.

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Global Imaging Brings It All Together with New Website and Logo Design Package - The rebranding reflects the name changes of Panoply Inks and Panoply Finance to Global Imaging Inks and Global Imaging Finance.

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CALC Announces Operational Data for the Year of 2016 - The Group expects to deliver not less than 17 new aircraft in 2017.

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Equipment Leasing and Finance Industry Confidence Reaches All-Time High - The overall MCI-EFI is 73.4, an increase from the December index of 67.5.

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5 strategies to efficiently implement the new lease accounting standard - The standard will take effect January 1st 2019 for public companies and one year later for private companies.

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CIT Declares Quarterly Dividend - CIT Group Inc. (NYSE: CIT) today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share on its outstanding common stock.

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TAB Bank Provides $19.2 Million in Trucking Equipment Loans in 2016 4th Quarter - This caps off a great year of working together with many trucking firms and our dealership partners to bring fast and flexible equipment financing solutions to transportation companies across the country.

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Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2017 - Economic Improvement, Renewed Business Confidence and Business-Friendly Policy Changes Support Positive Investment Momentum

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Everlasting Capital Releases EverHub, a Front-End Online Portal that Delivers Enhanced Online Capability for Partners and Equipment Vendor - The solution comprises two distinct portals, Partner Portal & Vendor Portal, each offering a user experience tailored specifically for the intended target product.

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Trinity Capital Investment Expands Equipment Leasing Business - The company is reserving approximately $200 million for the purpose of leasing equipment to early stage, venture capital-backed companies.

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CIT Appoints Paul Tufaro As Executive Vice President And Chief Compliance Officer - Top Priorities Include Overseeing Programs Focused on Consumer Protection, Fair Lending and Anti-Financial Crimes

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Canadian Commercial Credit Increases - Shifting Economy Continues Positions for Growth

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NAFTA Discussions May Alter New Rule on Lease of Equipment by Mexican Carriers - It is common knowledge that a major platform of President-Elect Donald Trump's campaign was the need to renegotiate the terms of the North American Free Trade Agreement (NAFTA) with Mexico and Canada.

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CDB Aviation Lease Finance Bolsters Executive Team To Advance Growth And Global Leadership - CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China’s leasing industry...

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Waypoint leases Airbus H225 to GHS for ops in Africa - Waypoint’s portfolio includes more than 140 aircraft for 26 customers in 31 countries with total assets in excess of $1.6 billion.

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Small Business To See Bigger Tax Breaks, New Health Care Options - The Section 179 deduction will be $510,000, up $10,000 from 2016, an adjustment to account for the effects of inflation.

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FLA Finance & Leasing Association: Consumer new car finance volumes up 7% in November - In 2015, FLA members provided £110 billion of new finance to UK businesses and households.

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President Of Office Equipment Leasing Company Sentenced To 4 Years In Prison For Multi-Million Dollar Fraud Scheme - Defendant Forged Signature of New York Mets COO Jeffrey Wilpon

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CDB Aviation Lease Finance Appoints Peter Chang As New President & Chief Executive Officer - CDB Aviation Lease Finance (“CDBALF”) is the aircraft leasing unit of China Development Bank Financial Leasing Co

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International Leasing Company changes its office address - Former Joint Leasing Company finalized its rebranding in 2016 and changed its name to the “International Leasing”.

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Huntington Bank Recognized as One of Nation's Best for Middle-Market and Small Businesses - Only 17 middle-market banks had distinctive brands among more than 750 evaluated by Greenwich Associates.

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Fronius Names LEAF Commercial Capital, Inc. as Exclusive Financing Partner - LEAF Commercial Capital, Inc. (“LEAF”), headquartered in Philadelphia, PA, is one of the leading equipment leasing and finance companies in the U.S.

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China Companies Turn to Structured Debt as Funding Squeezed - Cash-strapped Chinese companies are ramping up sales of asset-backed securities to raise funds as they face record delays in collecting payments from customers.

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Aviation Capital Group Announces Mid-life Aircraft Portfolio Sale - ACG was founded in 1989 and is a wholly owned subsidiary of Pacific Life Insurance Company.

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Balboa Capital Survey: 3 in 4 Small Business Owners are using the Section 179 Tax Deduction for Qualifying Equipment Purchased or Financed in 2016 - In addition, 8 in 10 small business owners plan to invest in new or upgraded capital equipment in 2017.

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Altus Capital Partners Announces Promotions of Three Key Investment Team Members - Mr. Groh, who has worked with middle market manufacturing companies throughout his career, will continue his focus on new business development and deal generation.

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China's HNA extends reach to NZ with $460 million asset finance firm purchase - UDC will join HNA's finance arm, which operates a diverse set of businesses in equipment leasing, insurance, and credit services.

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U.S. Small-Business Optimism Index Surges by Most Since 1980 - The National Federation of Independent Business’s index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4.

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Pricewaterhouse Coopers

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PricewaterhouseCoopers

PwC-eLKE is a comprehensive Like Kind Exchange solution that enables your company to capture LKE tax benefits in an automated and cost effective manner.

Contact: Rick Reekie
214.999.2580
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Optimal Leasing LLC

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Optimal Leasing LLC
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Optimal Leasing LLC is an independent MBE originally founded in 1996 with a specific emphasis on providing lease financing for capital equipment.

Contact: Larry Robinson
248.738.2699
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Summit Funding Group

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Summit Funding

Summit Funding Group, Inc. has amassed a high performing portfolio in excess of $1.5 billion in equipment lease and finance originations and a history of working with companies of all sizes and most industries.

Contact: Richard Ross
513.489.1222
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Leasing World

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LeasingWorld | Media

LeasingWorld magazine is a world leader for leasing news and analysis. It has a strong reputation for professional articles on all aspects of equipment leasing.

Contact: Jan Szmigin
+44(0)1905 621444


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