Equipment Leasing and Finance Association - Investing Forward

Hitachi Business Finance today announced a $750,000 asset-based line of credit for a staffing company that provides IT, engineering, accounting, and skilled and unskilled corporate staffing.

Great Place to Work® and Fortune Name First American Equipment Finance as One of the 100 Best Workplaces for Millennials in the U.S. https://fortune.com/best-workplaces-millennials/first-american-equipment-finance-71/

Stamford, CT – June 2015 - The RVI Group is pleased to announce two noteworthy promotions: Rene Abdalah has been promoted to Senior Vice President, responsible for RVI’s Passenger Vehicle Business. Mr. Abdalah’s strong leadership, forward thinking mentality and commitment to continued product innovation have been key to the success of the business since he came on board in 2002, and will continue to be central to RVI’s continuing expansion. Wei Fan has been promoted to Senior Vice President, responsible for RVI’s Risk Management and Quantitative Analysis. Since Mr. Fan joined RVI in 2007 he has made significant contributions to the risk management, underwriting and financial analysis methodologies.

Quail Financial Solutions, a division of Quail Capital Corp, Burbank, CA announced it arranged funding for a start-up, highly advanced, comprehensive cancer treatment center. This was a complex transaction with an existing radiology group.

Nashville, Tennessee – June 19, 2015 - Accruit’s Director of National Accounts spoke last week at a networking event hosted by the Independent Equipment Dealers Association (IEDA) on the topic of 1031 like-kind exchanges and their use in the heavy equipment industry. Accruit, the leading provider of qualified intermediary services to the industry, joined the IEDA as an Associate Member in April of this year.

Advantage Funding, one of the largest transportation finance firms in the U.S., today named Mark Bonanno as Chief Finance Officer. A veteran finance professional with more than 25 years of experience, Bonanno assumes the position previously held by Al Damiani, who was named CEO of the company in December.

Ron Horner and Lisa McNeme have joined Wintrust Commercial Finance (WCF) as senior vice president-general counsel, and vice president-operations, respectively. Both will work from the group’s Frisco, Texas headquarters.

IronPlanet Holds Early Summer Auctions across All of its Online Marketplaces Featuring 3,000+ Items June 24 - June 26 All-Humvee Auction - June 24

Knowledge Source on Small Business Credit Providing Lending Activity, Loan Performance & Forecast Conditions

LeaseTeam, Inc. recently held its annual Users’ Conference in downtown Omaha, Neb. The three-day event was open to LeaseTeam clients and prospective business partners alike, and reinforced the Company’s commitment to building partnerships and providing an exceptional customer experience.

Fleet Advantage, a leading innovator in truck fleet business analytics, equipment financing and lifecycle cost management expanded its sales team with the addition of Jeff Mills, a 23-year veteran in the transportation and equipment finance industry.

LeaseTeam, Inc. is pleased to announce that Satellite Finance Limited, one of the fastest growing sales-aid leasing finance brokerages in the U.K., has gone live with ASPIRE, becoming the second U.K. customer to be live with the end-to-end platform.

First American Equipment Finance received an APEX Award for publication excellence for the SIMPLE campaign in the Electronic Media – Video Media category.

Huntington Technology Finance today appointed industry veterans, Jay Axelson and Tim Vertz, to its senior management team in a move to further strengthen business development and sales as North America’s leading provider of equipment financing and asset management solutions.

Delegates from White Clarke Group were presented with the prestigious award Best Automotive Finance Leasing Software Provider 2015 at this year’s China Leasing Summit, held in Beijing from 10-12 June.

Arnone will be responsible for building senior management relationships and driving the strategic direction for major technology vendor programs.