Equipment Leasing and Finance Association - Investing Forward

Gestal to lead equipment financing activities for the business bank team’s Cincinnati, Columbus and Dayton district

April 10, 2017, KINGWOOD, TX – Ascentium Capital LLC, a national commercial lender, announced first quarter funded volume reached $225.1 million representing 25.5% growth and managed $1.6 billion in assets, representing a 37.7% increase year over year in the first quarter 2017.

IronPlanet, a leading online marketplace for selling and buying used equipment and other durable assets, today is announcing that Gregory J. Owens, IronPlanet Chairman and CEO, is a semifinalist for the EY Entrepreneur Of The Year® 2017 Northern California Region Award.

Crestmark secured a total of $13,891,000 in financial solutions for 27 new clients in the second half of March.

Sertant Capital, an investor in equipment lease transactions originated exclusively through third party originators, has filled two key positions with leasing industry veterans, Todd S. Leavey and James J. Phelan who will support the Business Development and Credit & Fulfillment functions of the management team.

Justin Nielsen, CEO and Founder of Onset Financial, has been named a finalist for Entrepreneur of the Year, Utah Region.

April 5, 2017, KINGWOOD, TX – Ascentium Capital LLC, a national commercial lender, was announced as the largest private independent finance company in annual funded new business volume by the Monitor, a publication serving the equipment finance industry. Ascentium Capital rose from third place to first in the rankings during 2016, with year-end funded volume reaching $898.5 million.

Accruit, LLC, a nationwide financial technology company and provider of qualified intermediary and escrow services, today announced the promotion of Tracey Wilson to vice president of business solutions.

New Division Offers Independent, Customized Vendor Financing Programs with Unparalleled Breadth of Capabilities

Nationwide survey conducted by leading direct lender finds small business owners face challenges to increase profits and acquire capital for investment and growth initiatives, but have a positive outlook about the future.

IronPlanet®, a leading online marketplace for selling and buying used equipment and other durable assets, today unveiled details and key highlights for its latest Des Moines, IA area Cat Auction Services Unreserved Public Auction.

AP Equipment Financing is pleased to announce the hiring of Nick Gibbens, CLFP as Senior Vice President of Vendor Finance. Nick comes to AP with 24 years of success in sales and management of vendor finance programs at Bank of the West, and he will be developing vendor financing strategies within markets that are new to AP.

GSG Financial, a leading captive finance company, announced this week the addition of Michael Winstead as Relationship Manager. Mike will be responsible for developing and expanding relationships in GSG’s Diversified Industrial vertical throughout the Southeast.

LIVE OAK CLEAN ENERGY FINANCING LLC SELECTS IVORY CONSULTING’S SUPERTRUMP TO SUPPORT ITS NEWLY FORMED UTILITY-SCALE SOLAR LEASING DIVISION Ivory Consulting’s SuperTRUMP Pricing Software to Support Complex, Tax-Advantaged Solar Transactions

Hitachi Business Finance, a division of Hitachi Capital America Corp. and a leader in easy and flexible financing for growing companies, recently provided $4.5 million to three growing U.S. companies seeking working capital solutions.

submitted on behalf of ELFA member Cullen and Dykman

Riverside, California, March 27, 2017 – Fleet Financing Resources, LLC. (FFR), national lender of new and used titled transportation equipment, today announced its financial results for the fiscal year ended December 31, 2016.