Equipment Leasing and Finance Association - Investing Forward

Axis Capital Rebrands as Amur Equipment Finance

American Lease Insurance Agency Corporation (ALI) is introducing Equipment Insurance Direct (EID), an online insurance resource for small-business equipment lessees throughout the United States. Through EID, lessees can easily obtain property and liability insurance required on their leased equipment at affordable monthly charges from A+ underwriter AGCS Marine Insurance Company. Equipment lease originators and lessors who contract with ALI as EID associates receive fees for providing periodic customer data to ALI to use in marketing EID coverage directly via email and the EID website.

IronPlanet®, a leading online marketplace for selling and buying used equipment and other durable assets, comes to the Pacific Northwest with its first Cat Auction Services Unreserved Public Auction in Portland, OR.

Mick Goik, president and chief operating officer of Crestmark Bank, recently announced the promotions of three employees at its corporate headquarters in Troy: Josh Beauvais was promoted to vice president, special assistant to Chief Credit Officer Mark Matheson; Heather Weir was promoted to assistant vice president, learning and development specialist; and Eric Ball was promoted to operations officer, senior client analyst, and team leader for the Midwest Region.

DLL, a global provider of asset based financial solutions, received two awards during the Leasing Life convention in Paris yesterday. The financial solutions provider received the Vendor Finance Provider and the Sustainability award from Leasing Life, one of the top leasing industry journals in Europe.

CHP Consulting, the makers of Alfa Systems, the number one software choice for asset finance companies worldwide, has announced it is to rebrand. The company will now be known as Alfa, with an exciting new website alfasystems.com launched to accompany the new name.

At the FCA’s Fighting Financial Crime conference in London on 10th November, Chief Executive Andrew Bailey highlighted the role of regulation in the battle against financial crime. Ray Pompon, Head of Information Security, North America and Asia, at Linedata, offers his thoughts.

In addition to serving as Central JDFS Representative covering Texas, Oklahoma, Arkansas, Louisiana and Mississippi, Chris Zeller will manage Advantage Funding’s vocational truck market in Texas and Oklahoma.

Jesse Johnson, senior sales executive at LeaseTeam, Inc., has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Service Providers Business Council Steering Committee.

So far, in 2016 the auto and asset finance industry has coped well with uncertainty. While forecasts have been trimmed during the year, they have not been cut so savagely as to threaten the sector’s recovery, but continued uncertainty seems likely to have an increasingly damaging effect on the outlook for the industry.

Axis Capital's Malia K. Du Mont Wins Bronze Stevie Award for Female Executive of the Year

Chase will serve as a Sales Manager of the company’s Vocational Truck business, specializing in tow-truck financing.

LeaseQ, an online marketplace connecting business owners, equipment sellers, and lenders to make selling and financing equipment fast and easy, today announced the acquisition of Noesis, the leader in commercial building equipment financing, based in Austin, Texas. Noesis, now a business unit of LeaseQ, will serve as LeaseQ’s Austin presence.

LeaseTeam, the trusted leader in lease and loan management solutions for the equipment finance industry, is pleased to announce that Quality Leasing Co., Inc. (Indianapolis, IN) has selected ASPIRE as its end-to-end lease and loan management solution.

Crestmark secured a total of $19,811,000 in financial solutions for 16 new clients in the first half of November.

Jerr-Dan Financial Solutions (JDFS) is Company’s First In-House Lending Solution