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    Breaking News Network

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Lessors Network News

The Breaking News Network is updated several times daily, publishing industry relevant news, press releases, legislative and regulatory updates aggregated from trusted sources around the world.

Lessors Network Email Alerts

Every day we send out free Email Alerts (Sample) with the most important headlines of the last 24 hours (excluding slow news days).

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CIT Announces Its Intention to Commence a Cash Tender Offer for Up To $500,000,000 of its Common Stock - Under the terms of the proposed tender offer, CIT stockholders would have the opportunity to tender some or all of their shares at a price within a range, which is currently expected to be $50.00 to $56.00 per share.

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ELFA’s Survey of Economic Activity: Monthly Leasing and Finance Index - March New Business Volume Up 2 Percent Year-over-year, 18 Percent Month-to-Month, 12 Percent Year-to-date

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Report: US Manufacturing Growing at Fastest Pace Since Sept. 2014 - U.S. manufacturing sector reported the greatest improvement in overall business conditions since September 2014, while the service sector continues to expand, the IHS Market's Purchasing Managers' Index (PMI) showed on Monday.

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ECS Financial Shareholder Nancy Geary Featured in NEFA Newsline March/April Issue - Geary’s extensive industry knowledge and past work with NEFA Newsline combined with ECS’ reputation as a leader in the industry prompted NEFA to reach out to Geary and publish the detailed piece she crafted to inform readers of the impact of the new tax code.

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This next accounting rule change will add liabilities to every balance sheet - JP Morgan has already said the new lease accounting rule will have a $10 billion impact on its balance sheet

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U.S. business borrowing for equipment rises 2 pct in March - ELFA - Companies signed up for $9.1 billion in new loans, leases and lines of credit last month, up from $8.9 billion a year earlier. Borrowing rose 18 percent from February.

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CIT

CIT Announces First Quarter 2018 Results - Average loans and leases grew 1.7% compared to the prior quarter.

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Cat Financial Announces First-Quarter 2018 Results - Cat Financial reported first-quarter 2018 revenues of $690 million, an increase of $28 million, or 4 percent, compared with the first quarter of 2017.

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Signature Bank Expands Network with Appointment of Two Private Client Banking Teams - Joseph Seibert was named to the post of Group Director and Senior Vice President, leading a five-person team, along with Sarmen Saryan and David D’Amico, who were each appointed Group Directors and Vice Presidents.

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Private companies falling behind on new accounting standards - Most private companies haven’t made significant progress preparing to adopt the new revenue recognition and lease accounting standards, according to a new survey.

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Robert Gordon

Summit Funding Group Bolsters Enterprise Services Division With Appointment Of Industry Veteran - ...Enterprise Finance division with the addition of industry veteran Robert Gordon “Gordy” Iler, Jr. as National Sales Manager.

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Robert B. Podwalny

Robert B. Podwalny Dies - Bob was with Bank of America Leasing and Capital Corp. for over 20 years and was highly thought of in the large ticket equipment finance/project finance world.

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CleanView Capital launches government finance program - Transaction sizes may range from $300,000 to $5 million.

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TCF Reports Quarterly Net Income of $73.8 Million and Diluted Earnings Per Share of 39 Cents - Period-end loans and leases of $19.4 billion, up 7.8 percent from March 31, 2017

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QuickBridge to Spotlight Successful Businesses in Celebration of National Small Business Week - QuickBridge provides small business loans and short-term working capital loans for small and mid-sized businesses nationwide.

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Industry Leading C-Store Equipment & Gas Pump Financing Company Launches New Quick Quote & Monthly Payment Calculator - Patriot Capital is an industry-leading gas station financing company.

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LeasePlan USA and Lyft partner to offer first-ever integration of fleet and ride hailing - LeasePlan is one of the world’s leading Car-as-a-Service companies, with 1.7 million vehicles under management in over 30 countries.

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ELGA to Exhibit at the 2018 NAELB Annual Conference - CEO Brian Trebels will welcome attendees at NAELB Conference Booth 110 at the historic Flamingo Las Vegas resort in Nevada.

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KeyCorp Reports First Quarter 2018 Net Income Of $402 Million, Or $.38 Per Common Share - First quarter results reflect solid underlying trends in core businesses and ongoing benefits from recent investments

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GE Finally Got Some Good News - General Electric maintained its 2018 profit forecast, defying Wall Street expectations of a cut, sending shares higher.

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Greenbrier Announces Executive Promotions - Greenbrier­­, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets

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Travis Teal Joins Madison Capital - Teal plans to get involved in the equipment leasing and finance industry in programs...

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ELFF

Equipment Leasing and Finance Industry Confidence Eases in April - The overall MCI-EFI is 68.3 in April, a decrease from 72.2 in March.

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Delinquencies Up, But Canadian Firms Prove Resilient Through Market Turmoil - The conclusion offered by PayNet president Bill Phelan is that small businesses are facing heightened financial pressure...

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Element Fleet Issues US$1 billion of ABS Term Notes through Chesapeake II - Element Fleet Management (TSX:EFN) is a leading global fleet management company, providing world-class management services and financing for commercial vehicle and equipment fleets.

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LEAF Promotes Michelle Speranza to Senior Vice President, Chief Marketing Officer - Speranza will be responsible for strategic marketing and branding, as well as for ensuring close alignment between marketing and sales functions.

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ELFF

New Foundation Report Explores Future Impact of Gen Z on the Equipment Finance Industry - The IFC report examines the impact of the next generation maturing into adulthood—Generation Z—from both an employee and customer perspective.

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Chinese companies flocking to leading world center for aircraft leasing - Aircraft leasing is worth more than 500 million euros ($615 million) to Ireland's economy and supports almost 5,000 jobs, according to the Taking Flight-2018 report by PwC.

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CAN Capital Hires Tom Davidson as Chief Financial Officer - Davidson Will Leverage Capital Markets and Executive Leadership Experience to Drive Growth

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Recent SEC disclosures stress balance sheet impact of new lease accounting standards - Preliminary SAB 74 disclosures reveal materiality of ASC 842 changes

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Signature Bank Appoints Veteran Bankers to Head West Coast Operations; Flagship Office to Open in San Francisco - Further Expands California Presence with Addition of New Leadership and Veteran Banking Talent

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First National Capital Announces Their Top Ten Ranking Among Independent Commercial Equipment Finance Companies - 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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Vedder Price Names Five New Shareholders - The firm offers a unique mix of finance, corporate, labor and employment, and litigation skills...

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CIT

CIT Declares Dividends - CIT Group Inc. (NYSE: CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.16 per common share on its outstanding common stock.

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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.

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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.

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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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    Industry Events Network

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Industry Event Links
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04 - 23 / 24 - 18  |  Washington, DC
ELFA - Women's Leadership Forum

04 - 25 - 18  |  Scottsdale, AZ
NARA - Annual Spring Meeting 2018

05 - 02 / 04 - 18  |  Chicago, IL
AGLF - 2018 Annual Conference
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AGLF

05 - 06 / 08 - 18  |  Washington, D.C.
ELFA - Legal Forum

05 - 16 / 17 - 18  |  Washington, D.C.
ELFA - Capitol Connections

05 - 16 / 18 - 18  |  Coronado Island, CA
NAFA - 47th Annual Conference

05 - 29 / 31 - 18  |  Geneva
EBACE - 2018 European Business Aviation Convention & Ex.

06 - 04 / 06 - 18  |  New Orleans, LA
ELFA - Credit and Collections Management...

06 - 19 / 20 - 18  |  Minneapolis, MN
ELFA - Tax Best Practices Roundtable

07 - 18 / 19 - 18  |  Washington, DC
ELFA - Emergence 2018

07 - 18 - 18  |  Washington, DC
ELFA - Emerging Talent Regional Networking Event - Washington, DC

09 - 17 / 19 - 18  |  Philadelphia, PA
ELFA - Emerging Talent Regional Networking Event - Philadelphia, PA

09 - 17 / 19 - 18  |  Philadelphia, PA
ELFA - Lease And Finance Accountants Conference

09 - 17 - 18  |  Philadelphia, PA
ELFA - Emerging Talent Networking Event

09 - 26 / 28 - 18  |  Montreal, QC
CLFA - Annual Conference 2018

10 - 03 / 05 - 18  |  Charlotte, NC
NEFA - 2018 Funding Symposium

10 - 10 / 15 - 18  |  Chicago, IL
IMTS - 2018 International Manufacturing Technology Show

10 - 14 / 16 - 18  |  Phoenix, AZ
ELFA - 57TH Annual Convention

10 - 15 - 18  |  Chicago, IL
AGLF - 2018 Annual Conference

10 - 15 - 18  |  Orlando, FL
NARA - Annual Fall Meeting 2018

11 - 15 - 18  |  Tallinn, Estonia
Leasing Life Conference & Awards 2018

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    Funding Source Network

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170+ Funding Source Links
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Bullet  36th Street Capital
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Bullet  ABN AMRO Lease
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Bullet  Agfa Finance
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Bullet  All American Investment Group, LLC
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Bullet  American Railcar Leasing L.L.C.
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Bullet  The Andersons Inc.
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Bullet  AIG Commercial Asset Finance
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Bullet  Ally Commercial Finance
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Bullet  Altec Capital Services, LLC
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Bullet  Alliance Capital Resources
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Bullet  Alliance Funding Group
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Bullet  Allied Resource
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Bullet  All Media Capital
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Bullet  American Bank Leasing
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Bullet  Amsource Capital
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Bullet  Antares Leasing Corporation
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Bullet  ATEL Capital Group
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Bullet  Bank of America
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Bullet  Bank of America Business Capital
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Bullet  Bancroft Leasing - AgLease
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Bullet  Bankers Capital Equipment Leasing...
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Bullet  Bankers Leasing Company
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Bullet  BankUnited
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Bullet  Boeing Capital Corp.
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Bullet  Boston Financial & Equity
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Bullet  Cambridge Place Invest...
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Bullet  Capital Data, Incorporated
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Bullet  Carl Marks Advisory Group LLC
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Bullet  Caterpillar Financial Services
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Bullet  CBI Leasing, Inc.
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Bullet  CCA Financial LLC
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Bullet  CFI Financial Services
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Bullet  Chase Equipment Finance
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Bullet  Chicago Freight Car Leasing Co.
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Bullet  CIT
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Bullet  CIT Rail
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Bullet  CHINA - CITIC Bank International Ltd.
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Bullet  Citicapital
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Bullet  C.K. Industries Inc.
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Bullet  Commercial Funding.com
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Bullet  Commercial Leasing Company
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Bullet  Commonwealth Capital Leasing
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Bullet  Compass Capital Corporation
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Bullet  Connell Finance Co. Inc.
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Bullet  Credicor Financial Corp.
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Bullet  CSI Leasing, Inc.
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Bullet  Culver Capital Group
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Bullet  Dah Sing Bank
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Bullet  The David J. Joseph Co.
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Bullet  DBS Bank (Hong Kong) Ltd.
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Bullet  Dell Financial Services
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Bullet  Deutsche Bank
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Bullet  DZ Bank
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Bullet  Easylease Corp
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Bullet  ECS Financial Services, Inc.
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Bullet  eLease
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Bullet  ePlus Group, Inc.
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Bullet  Equilease
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Bullet  Equipment Leasing Options
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Bullet  EverBank Commercial Finance, Inc. <
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Bullet  Financial Pacific Leasing
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Bullet  First Capital Equipment Leasing
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Bullet  First Citizens Bank
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Bullet  First Southwest Company
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Bullet  First Union Rail
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Bullet  First US Finance LLC
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Bullet  Florail Inc.
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Bullet  Fordham Financial
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Bullet  Fortran Group
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Bullet  Forum Financial Services
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Bullet  Fortress Investment Group
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Bullet  Franklin Financial Services
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Bullet  Frontier Leasing Corporation
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Bullet  GATX
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Bullet  GE Capital Rail Services
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Bullet  GLNX Corp.
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Bullet  Global Capital Finance
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Bullet  GMAC Commercial Mortgage
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Bullet  Government Leasing Company
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Bullet  GPS Capital, Inc.
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Bullet  The Greenbrier Leasing Co.
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Bullet  Herzog Railroad Services Inc.
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Bullet  Highline Capital Corp.
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Bullet  Hillcrest Bank
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Bullet  Hitachi Capital (HK) Ltd.
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Bullet  Icon Capital Corp.
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Bullet  IDLC Finance Limited
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Bullet  IKON Office Solutions
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Bullet  Infinity Rail
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Bullet  JAIX Leasing Co.
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Bullet  JLG Industries, Inc.
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Bullet  John Deere Financial
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Bullet  Kasgro Rail Corp.
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Bullet  Kennet Equipment Leasing
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Bullet  Key Equipment Finance Group
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Bullet  LEAF Financial Corporation
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Bullet  Lei Shing Hong Credit Limited
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Bullet  LaSalle Solutions
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Bullet  Lease Link Canada Corp
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Bullet  LeasePartners Capital
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Bullet  Lease Plan USA, Inc.
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Bullet  Lease Plus Financial
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Bullet  LeaseTeam, Inc.
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Bullet  Leasing Technologies International
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Bullet  Macquarie Rail Inc.
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Bullet  Madison Capital, LLC
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Bullet  Marlin Business Services Corp.
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Bullet  MCAP Leasing
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Bullet  Medical Finance Corp.
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Bullet  Merrimak Capital
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Bullet  Midwest Equipment
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Bullet  Mitsubishi UFJ Lease & Finance...
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Bullet  Mitsui Rail Capital
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Bullet  MRC Rail Services
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Bullet  Natixis Capital Markets
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Bullet  NewCentury Finance
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Bullet  NFS Leasing
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Bullet  NCR Corporation
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Bullet  Neumann Capital Management, LLC
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Bullet  Omni Leasing Corp.
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Bullet  OneSource Financial Corp.
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Bullet  Optimal Leasing LLC
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Optimal Leasing LLC
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Optimal Leasing LLC
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Larry Robinson
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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.

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Bullet  Oracle Corporation
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Bullet  ORIX Asia Ltd.
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Bullet  ORIX Financial Services Inc.
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Bullet  Pacific Rim Capital, Inc.
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Bullet  Padco Financial Services, Inc.
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Bullet  Park National Bank
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Bullet  People's United Bank
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Bullet  PFG Capital Markets
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Bullet  Pinnacle Capital, LLC
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Bullet  PNC Equipment Finance LLC
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Bullet  Plumer Capital and Leasing, LLC offers innovative financing and leasing programs for corporate aircraft. Plumer Capital focuses on corporate aircraft for corporations and high net worth individuals. Plumer Capital has over 30 years of experience in the aviation industry and focuses exclusively on corporate loans and leases.

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Bullet  Presidio
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Bullet  Premier Lease & Loan
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Bullet  Progress Rail Equipment Leasing
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Bullet  RCC Ventures, LLC.
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Bullet  Regions Equipment Finance Corp.
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Bullet  Republic Financial Corp.
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Bullet  Renaissance Capital Alliance
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Bullet  Rio Grande Chemical Ltd.
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Bullet  SABAEK Lease & Investment
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Bullet  Securcor, Inc.
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Bullet  SG Cowen Securities
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Bullet  Siemens Financial Services
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Bullet  Signature Financial LLC
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Bullet  SMBC Rail Services L.L.C.
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Bullet  Sony Financial Holdings
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Bullet  Sterling Bank Leasing
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Bullet  Stoddard & Associates
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Bullet  Sumitomo Mitsui Finance And Leasing...
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Summit Funding Group

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Summit Funding
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Contact: Richard Ross
513.489.1222
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Visit Website

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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Bullet  SunTrust Equip. Fin & Leasing
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Bullet  Textron Financial Corporation
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Bullet  The Bank Of East Asia Limited
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Bullet  TimePayment Corp.
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Bullet  Trinity Industries Leasing Co.
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Bullet  TIP Capital
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Bullet  Toyota Financial Services
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Bullet  TruckLenders USA
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Bullet  Union Tank Car Co.
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Bullet  United Capital Markets
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Bullet  United Leasing, Inc.
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Bullet  UPS Capital
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Bullet  U.S. Bank
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Bullet  U.S. Bancorp Equipment Finance
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Bullet  Värde Partners, Inc.
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Bullet  Varilease Corporation
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Bullet  Varion Capital Corp.
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Bullet  Vendor Lease Management Group
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Bullet  Vision Financial Group
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Bullet  Vista Consulting Group, Inc.
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Bullet  Volvo Commercial Finance
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Bullet  VTG Rail
Funding Sources
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The Funding Source Network links you to:

  • Banks
  • Broker/Consultants
  • Captive Lessors
  • Finance Companies
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active in the largest equipment finance community on the Web.

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    Service Provider Network

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85+ Service Provider Links
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Accounting

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Bullet  ECS Financial Services
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Asset Management

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Bullet  American Appraisal
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Bullet  Citibank 1031 Exchange Service
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Bullet  Cooper Investment Recovery
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Bullet  Douglas-Guardian Services
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Bullet  Equity Technologies
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Bullet  IronPlanet  |  Auction
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Bullet  JDR Solutions LLC
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Bullet  Marshall & Stevens, Inc.
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Bullet  PwC-eLKE  |  Like Kind Exchange 
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Bullet  Valuation Research
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Collections

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Bullet  eCredit.com
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Bullet  MicroBilt Corporation
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Consulting

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Bullet  CHP Consulting
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Bullet  Fair, Isaac and Company
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Executive Recruiting

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Bullet  Anderson Young Associates
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Bullet  Kingsbury Wax Bova, LLC
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Industry Associations

America

Bullet  Assoc. for Govt. Leasing and Finance

AGLF is a nonprofit association whose membership is comprised of companies actively engaged in governmental and non-profit leasing and finance. AGLF was founded in 1981 to provide an educational forum and industry oversight among issuers, leasing companies, investment banking firms, banks, and third-party lease brokers who participate in the lease-purchase financing of real and personal property to state and local governments. Law firms, municipal bond insurers and rating agencies complement the membership.


Bullet  Equipment Leasing and Finance Association

Austria

Bullet  Verband Österreichischer Leasing- Gesellschaften

Belgium

Bullet  Association Belge de Leasing - Belgische LeasingVereniging
Bullet  Renta

Bulgaria

Bullet  Bulgarian Association for Leasing

Canada

Bullet  Canadian Finance & Leasing Assoc.

China

Bullet  Hong Kong Equip. Leasing Assoc.

Czech Republic

Bullet  Czech Leasing & Finance Association

Denmark

Bullet  Finans og Leasing

Estonia

Bullet  Estonian Leasing Association

Finland

Bullet  Federation of Finnish Financial Services

France

Bullet  Association Française des Sociétés Financiaires
Bullet  Fédération Nationale des Loueurs de Véhicules

Germany

Bullet  Bundesverband der Autovermieter Deutschlands e.V.
Bullet  Bundesverband Deutscher Leasing-Unternehmen e.V.
Bullet  Federal Assoc. of German Leasing Co.

Greece

Bullet  Association of Greek Leasing Companies

Bullet  Greek Car Rental Companies Association

Ireland

Bullet  Car Rental Council of Ireland

Italy

Bullet  ANIS - Associazione Nazionale Industria dell'Autonoleggio e Servizi Automobilistici
Bullet  Associazione Italiana Leasing

Latvia

Bullet  Latvian Lessors Association

Lithuania

Bullet  Association of Lithuanian Banks

Luxembourg

Bullet  Fédération Luxembourgeoise des Loueurs de Véhicules

Malta

Bullet  Rent A Car Association Malta

Netherlands

Bullet  BOVAG
Bullet  Nederlandse Vereniging van Leasemaatschappijen
Bullet  Vereniging van Nederlandse Autoleasemaatschappijen

Norway

Bullet  Finansieringsselskapenes Förening

Poland

Bullet  Polish Leasing Association

Portugal

Bullet  ARAC - Assoc. dos Industriais de Aluguer de Automóveis sem Condutor
Bullet  Associação Portuguesa de Leasing, Factoring e Renting

Romania

Bullet  Leasing and Non-Banking Financial Services Association

Russia

Bullet  United Leasing Association of Russia

Serbia

Bullet  Association of Leasing Companies in Serbia

Slovakia

Bullet  Association of Leasing Companies of Slovak Republic

Slovenia

Bullet  Bank Association of Slovenia's Leasing Committee

Spain

Bullet  Asociación Española de Leasing y Renting
Bullet  Asociación Española de Renting de Vehículos

Sweden

Bullet  The Association of Swedish Finance Houses
Bullet  Swedish Banker's Association
Bullet  Biluthyrarna Sverige

Switzerland

Bullet  Association Suisse des Sociétes de Leasing

Turkey

Bullet  Auto Leasing and Rental Companies Association (Tokkder)

Ukraine

Bullet  Ukrainian Union of Lessors

United Kingdom

Bullet  British Vehicle Rental and Leasing Association
Bullet  Finance & Leasing Association
Bullet  Leaseurope  |  Association
Bullet  NACFB - National Assoc. of Comml. Finance Brokers

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Insurance

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Bullet  American Lease Insurance
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Bullet  Assurant Specialty Property
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Legal

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Bullet  Baker Donelson
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Bullet  Freeborn and Peters
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Bullet  Marks & Associates, P.C
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Bullet  Mayer, Brown
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Bullet  Sullivan-Worcester LLP
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Bullet  Trabaris, P.C.
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Bullet  Vedder Price
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Media

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Bullet  Equipment Finance Advisor

Equipment Finance Advisor is the leading online publisher exclusively focused on providing original article and blog content, daily updated news, equipment finance industry/economic data, thought-leadership videos, employment opportunities, and various online resources for equipment leasing and finance, commercial finance, and banking and product/services provider professionals in the commercial equipment finance industry.

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LeasingWorld | Media
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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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Bullet  Monitordaily
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Software / Technology

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Bullet  Accenture
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Bullet  AssetControl Corporation
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Bullet  Cassiopae
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Bullet  NetSol Technologies, Inc.
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Bullet  ORACLE
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Bullet  Ryzn Enterprise Systems
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Bullet  SAP America
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Rating Agency

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Bullet  Fitch Ratings
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Bullet  Standard & Poor's
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UCC Services

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Bullet  UCC Direct Services
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Service Providers
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The Service Provider Network links you to:

  • Associations
  • Asset Management
  • Collection Services
  • Consultants
  • Executive Recruiters
  • Insurance Agencies
  • Legal Services
  • Media Platforms
  • Rating Agencies
  • Software
  • Technology
active in the largest equipment finance community on the Web.

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About The Lessors Network
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The Lessors Network Links The Largest Equipment
Lease Finance Community On The Web

Free Visitor Access To All Networking Platforms
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The Equipment Finance Industry has grown to over $1 Trillion in the U.S. Over 5 million industry Websites online make it understandably difficult to identify, evaluate and connect with the information and resources you need.

This Is Where The Lessors Network Can Help...
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Founded in 1998 by industry veteran John O. Semon, The Lessors Network is designed to raise awareness and promote enterprise growth for the largest equipment finance community on the Web.

Presenting complex information in a highly readable format, The Lessors Network covers a broad range of subjects examining the latest trends and technologies in the commercial equipment lease finance markets. Network Platforms provide easy access to Funding Sources, Industry Events and administrative Service Providers while the Breaking News Network publishes the latest equipment finance news, press releases, legislative & regulatory updates aggregated from thousands of trusted sources around the world.

While Free Visitor Access is provided to all News, Events & Resource Networks, Lessors Network Membership is designed to promote your organization and annual membership dues covers all cost.

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