Equipment Leasing and Finance Association - Investing Forward

Frisco, TX – October 17, 2016 – Wintrust Commercial Finance, through one of its key capital markets partners, recently closed $10.0MM in Split-TRAC leases for cement mixers with a leading producer of ready-mix cement and aggregates.

AP Equipment Financing is pleased to announce the hiring of David Jueschke as Senior Manager of collections and Customer service. David's experience will be vital for improving overall customer experience during a time of unprecedented growth.

October 12, 2016 KINGWOOD, TX – Ascentium Capital, a national commercial lender providing comprehensive finance solutions announced strong growth in volume during third quarter 2016. The company obtained a 30% increase in originations over the same period last year.

TBF will purchase an estimated $100 million annually of charged-off loans from the client, which is one of the leading established small business online lenders in the US.

FORTUNE and Great Place to Work® have named First American Equipment Finance as #14 among the Best Medium-Size Workplaces in the U.S. Fortune.com Feature link: http://fortune.com/best-medium-workplaces/first-american-equipment-finance-14/ Great Place to Work® Ranking Page: http://reviews.greatplacetowork.com/2016-best-medium-workplaces

ECS Financial employees are honored to be featured on ELFA Magazine's October cover.

Hitachi Business Finance, a source of opportunity and information for entrepreneurs seeking solutions beyond traditional lending, recently provided $6 million to four companies across the U.S.

Bob Rinaldi, past Chairman of the Equipment Leasing and Finance Association reflects on his personal and professional journey through the Equipment Leasing and Finance industry.

Crestmark secured a total of $20,570,500 in financial solutions for 20 new clients in the second half of September.

Hannaman will be responsible for mid-market corporations in California, Nevada and Arizona

The Alta Group served as financial advisor to Connext Financial, Ltd. in its recent acquisition by Engs Commercial Finance Co. It is the fourth equipment finance company acquisition in 2016 in which Alta has advised either the buyer or seller.

The First-Ever Pooled Data Score for Alternative Lenders to Predict Risk and Improve Credit Decisioning

ECS Financial Services recently launched a newly improved website featuring a responsive design and detailed descriptions of services offered to the leasing industry.

Ivory Consulting Corporation and U.S. Bank Equipment Finance, a unit of U.S. Bank (NYSE:USB), announced today that Ivory Consulting’s SuperTRUMP for Salesforce has been selected to provide accurate lease and loan modeling and pricing to U.S. Bank Equipment Finance. The combination of Salesforce and SuperTRUMP, both leaders in their respective industries, represents a synergistic win for U.S. Bank Equipment Finance by enhancing the effectiveness of their Salesforce application and their pricing capabilities. SuperTRUMP and Salesforce paired together is an easy-to-execute solution which will increase processing efficiency and lead to higher levels of customer satisfaction.

NEW YORK and KINGWOOD, Texas – October 4, 2016 – Warburg Pincus, a global private equity firm focused on growth investing, today announced that funds affiliated with the firm have agreed to acquire Ascentium Capital, the third largest private-independent equipment finance company in the U.S. by origination volume, with assets over $1.1 billion. Tom Depping, CEO of Ascentium Capital, has agreed to roll over his entire equity ownership stake in the business and continue to lead the Company.

Crestmark founder and CEO W. David Tull proudly announced that the company marks its 20th year in business this month. Crestmark Bank was established in October 1996 with the goal of providing small- and medium-sized businesses with a broad range of financing options not available to them from traditional banks. Tull’s vision for Crestmark was inspired by his 20-plus years in banking and finance. He knew that many businesses were unable to get the financing they needed for operations, for growth, or to pursue new opportunities, and he saw an opportunity to create a new business model. With Crestmark, Tull established a new approach to banking — a finance company within a chartered bank. This provided the stability of a chartered bank, with interest-bearing deposits, and the flexibility and broad array of financing products available from a variety of financial service companies.

Alta LAR 100 Report reveals industry size, changes and major players in Mexico, Colombia, Chile, Brazil, Argentina, Venezuela, Ecuador, Peru, Puerto Rico and other countries.