Equipment Leasing and Finance Association - Investing Forward

For the 10th consecutive year JDR Solutions Inc. is compliant with American Institute of Certified Public Accountants standards for financial and operational integrity.

ANN ARBOR, MI, JANUARY 6, 2017 – UniFi Equipment Finance announced two team members: Laurie Blazek, Collections Manager in the UniFi portfolio team and James Paszko – Credit Analyst in the UniFi credit team.

Morse, of The Alta Group, is retiring following an extensive career in equipment leasing and finance markets and consulting.

Hitachi Business Finance, a source of opportunity and information for entrepreneurs seeking solutions beyond traditional lending, has released an infographic that explains the basics of asset-based lending and how it can improve a company’s cash flow.

Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing and asset management, today released results of its latest industry survey, which takes an annual look at practices and insights from truck fleet operators and for-hire carriers. This survey is a follow up to industry research conducted by Fleet Advantage in 2015. Among the largest takeaways, survey data shows more fleets acquiring new trucks by leasing and shortening their asset lifecycles before replacement, compared to the previous years’ data of an average of 7 years. Click here to download an infographic of the survey data.

A significant percentage of small business owners who are knowledgeable of Section 179 are electing to use the deduction for equipment acquisitions made last year. Additionally, an overwhelming majority of small business owners plan to invest in capital equipment in 2017.

IronPlanet®, a leading online marketplace for selling and buying used equipment and other durable assets, today announced details and new technology innovations for its upcoming Florida Cat Auction Services Unreserved Public Auction.

Quentin Cote, EVP, Mintaka Financial has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Small Ticket Business Council Steering Committee. Quentin has spent his career in the specialty finance sector, lending to, investing in, and building small business finance companies.

January 10, 2017, KINGWOOD, TX – Ascentium Capital LLC today reported $898.5MM in funded volume, representing a 28% increase over last year. Highlights for the company during 2016 included: - Management of $1.2 billion in assets representing 33% growth - Launch of the Merchant Finance division - Employ over 230 national finance professionals - Launch of the comprehensive MyAscentium partner portal

OneWorld Business Finance through its division US Energy Capital (OneWorld) is pleased to announce an alliance with Indoor Harvest to assist with financing for its customers and projects

Crestmark secured a total of $22,870,000 in financial solutions for 14 new clients in the second half of December.

Our company is expanding westward into California.  We are excited to announce that Darrell Sorenson, formerly Relationship Manager at City National Bank, has joined our firm, VenSource Capital LLC, as Regional Director to open a new office for us in Palo Alto and to expand our presence in northern California.

Global financial services software experts, Sword Apak, have been expanding further into the US market over the past decade and 2017 is looking to be a promising extension of this growth.

Scott Grady, president of Crestmark Equipment Finance (CEF), based in Bloomfield Hills, Michigan, announced the promotion of Chris Emge to Western Division sales manager. In his new role, Emge oversees a team of experienced business development officers, and is responsible for growing CEF’s business west of the Mississippi. Based in the San Francisco Bay area, Emge reports to Grady, and becomes a member of Crestmark’s management committee.