Nov 15, 2017: Global aircraft leasing company FLY Leasing Limited has announced a net loss of $12.5 million in the third quarter of 2017, which the company says is primarily driven by a $22 million non-cash impairment charge resulting from the financial collapse...

 

Nov 03, 2017: The value of assets at GreatAmerica Financial Services has passed the $2 billion mark as the company celebrates its 25th anniversary. GreatAmerica is among the largest independent small ticket national commercial equipment finance companies in the...

 

Oct 31, 2017: The equipment finance industry appears well-positioned for the future, according to a study by the US Equipment Leasing & Finance Foundation. Authored by Keybridge Research, the 2017 State of the Equipment Finance Industry report was released ...

 

Oct 25, 2017: Commercial lending and leasing services specialist CIT Group has appointed Kenneth Caffrey and Michael Cavounis as managing directors of the sponsor finance group, charged with growing its portfolio. Caffrey joins CIT from HSBC, whe...

 

Oct 25, 2017: Difficulties in the US railcar leasing market saw third quarter net income almost halve at global specialist GATX Corporation, down from $95.7 million in the third quarter of 2016 to $49 million currently. Year-to-date 2017 net income wa...

 

Oct 17, 2017: The Equipment Leasing and Finance Foundation has upped its forecast for future growth in investment in equipment and software this year, predicting it will now expand 4.3% in 2017, surpassing its earlier estimate of a 3.6% rise. The Q4 update to t...

 

Oct 17, 2017: Boston-based LeaseQ has launched a new disaster recovery program (DRP) designed to connect businesses with instant equipment financing to rebuild after natural disasters, in the wake of the recent hurricanes. LeaseQ is offering equipment financing...

 

Oct 17, 2017: There is likely to be a significant increase in the number of business aircraft acquired on operating leases over the coming year as rates prove increasingly attractive, according to a study by Global Jet Capital. Its research, with a panel of aro...

 

Oct 13, 2017: Hitachi Capital Canada has marked the five-year anniversary of its collaboration with CLE Capital (formerly known as CLE Leasing) to offer a comprehensive set of commercial equipment financing solutions across Canada. In October 2012, Hitachi Capi...

 

Oct 13, 2017: CIT Group is to expand its commercial aircraft lending business, with a new aviation lending team providing aircraft-backed loans to the commercial aviation industry. The team will be headed up by Jennifer Villa Tennity, w...