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The Lessors Media Network keeps the largest equipment lease finance community on the Web informed of news and events shaping our fast paced industry by aggregating news and press releases from thousands of trusted sources around the world.


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Bullet  GE posts net loss on finance sale; industrial profit rises
Overall, GE posted a first-quarter net loss of $13.6 billion, or $1.35 per share.

Bullet  Bibby Financial Services Announces Barry Kastner as Executive Vice President
Bibby Financial Services expects its asset-based lending portfolio to continue to expand in 2015...

Bullet  First Midwest Bank Launches First Midwest Equipment Finance
First Midwest Equipment Finance represents a re-brand of National Machine Tool Financial Corporation...

Bullet  CLFP Foundation Adds 4 CLFPs from Northland Capital
There are currently 227 Certified Lease & Finance Professionals throughout the world.

Bullet  Forbes: How The Federal Reserve And Uncle Sam Ruined GE Capital
GE, though a major capital markets player, is not your traditional bank.

Bullet  Fidelity Capital Releases Report for First Quarter of 2015
The numbers show growth and improvement in almost every area of service that Fidelity Capital provides.

Bullet  Garanti Leasing launches Auto Rapid for finance of up to EUR 50,000
Among the benefits offered by Auto Rapid, there is the fast approval – the analysis is done in less than 2 hours and the contract can be signed in 24h -, basic documentation and reduced necessary down payment.

Bullet  KeyCorp Reports First Quarter 2015 Net Income Of $222 Million, Or $.26 Per Common Share
Revenue up from prior year, with well-managed expenses Average loans up 5% from prior year, driven by a 12% increase in commercial, financial and agricultural loans.

Bullet  BLME opens Manchester office to serve mid-market companies in the North
BLME has also confirmed that a recruitment plan is in place to appoint further staff in Manchester covering Acquisition Finance and Leasing.

Bullet  Beige Book - April 15, 2015
Summary of Commentary on Current Economic Conditions by Federal Reserve District

Bullet  Patriot Equipment Finance Provides $2MM Lease Finance to Leading Toronto, Canada Construction Company
Patriot Wins Transaction By Educating Customer On True Cost Of Captive Lessors Proposed Documents.

Bullet  Wells Fargo Capital Finance Names Guy Fuchs President and COO
New Senior Leadership Position Supports Growth in Asset-Based Lending

Bullet  CIT: Middle Market Healthcare Executives Optimistic for 2015
"Executives are optimistic, and while they continue to confront new challenges, they believe 2015 will be a year for growth."

Bullet  Finra bars owner of B-D that sells equipment-leasing funds
Ms. Springsteen-Abbott is the CEO, chief compliance officer and chairman of Commonwealth Capital Corp., parent of the wholesaling broker-dealer, Commonwealth Capital Securities Corp.

Bullet  General Electric’s Days as Wall Street’s Golden Goose May Be Numbered
The conglomerate has been the best corporate client for investment bankers over the last 15 years, spending some $5.1 billion for advice and assistance.

Bullet  Fitch: Fast Rate Rise Would Hurt US CMBS, Some RMBS
We expect the Fed's actual average policy rate for 2016 to be 1.6%.

Bullet  Trade Finance Leader PrimeRevenue Announces $80 Million Investment from BBH Capital Partners and Battery Ventures
PrimeRevenue operates some of the largest supplier financing programs for clients around the globe.

Bullet  Waypoint Leasing Opens Singapore Office, Expanding Global Reach
Regional Operations Led by Philip Stransky, Director of Sales and Business Development in Asia

Bullet  Scott Heimes Named to Marlin Business Services Corp.'s Board of Directors
Mr. Heimes is currently the Chief Marketing Officer of Digital River, Inc.

Bullet  Banks see talent flee amid healthcare M&A boom
The biggest U.S. banks are under pressure from regulators to preserve more capital, rather than use M&A fees to pay higher bonuses.

Bullet  TD Bank should be shopping for GE Capital assets — if it isn’t already
“With GE’s announcement, TD will have the opportunity to purchase higher yielding assets, fund them with the bank’s low-cost deposits...

Bullet  TCF Financial Corporation Gives $3 Million to Build Better Communities
TCF is a Wayzata, Minnesota-based national bank holding company.

Bullet  Nigerian Leasing Industry Records 11.3% Growth in 2014
The increase represented a growth rate of 11.3 percent as against 16.8 percent in 2013.

Bullet  Key Equipment Finance Provides Financing for 488-Kilowatt Rooftop Solar Installation
Installation to generate over $1.3 million in energy savings over 25-year lifespan

Bullet  China's insurers eye aircraft leasing
The relaxation of investment rules for Chinese insurers opens up new financing channels at a time when order backlogs are at all time high

Bullet  Equipment Leasing & Finance Foundation: Q2 Economic Outlook Forecasts 5% Growth In Equipment and Software Investment in 2015
The Foundation lowered its 2015 equipment and software investment forecast to 5 percent, down from 6 percent growth forecast in its 2015 Annual Outlook released in December 2014.

Bullet  The demise of GE Capital: Why Dodd-Frank isn't nearly tough enough
The surprising news out of the business world is General Electric's decision to sell off its financial division over the next two years.

Bullet  GJC Offers New Options for Financing Aircraft
Global Jet Capital (GJC) was launched last year as a new source of leasing and lending options for business jet transactions.

Bullet  GE's decision to sell GE Capital shows there's a tough road ahead
"The business model for large, wholesale-funded financial companies has changed, making it increasingly difficult to generate acceptable returns going forward," GE said Friday when it announced its decision.

Bullet  GE Plan Opens Escape Path From Fed Too-Big-To-Fail Label
General Electric Co.’s plan to exit most lending operations could make its finance arm the first entity to escape the grip of the Federal Reserve’s too-big-to-fail oversight...

Bullet  General Electric Hands Dodd-Frank Its Biggest Victory Yet
In 2013, regulators designated GE as a “systemically important financial institution” under Dodd-Frank, a label that subjects the firm to tougher capital and regulatory standards.

Bullet  Bombardier Announces Management Changes
Most recently, as President of International Lease Finance Corporation (ILFC), Fred expanded international operations to support key growth regions.

Bullet  Is GE Capital a Dodd-Frank Victim?
Is this a GE thing, or a large-opaque-financial-institution thing?

Bullet  New Taohuayuan Culture Tourism Co., Ltd. Announces Change of Name to KYN Capital Group, Inc.
KYN Capital Group, Inc.'s goal is to become an ideal, Capital-Finance Leasing Company, involved in real estate acquisitions, asset-based lending, and equipment-leasing.

GE Bullet  GE to Create Simpler, More Valuable Industrial Company by Selling Most GE Capital Assets
Potential to Return More Than $90 Billion to Investors Through 2018 in Dividends, Buyback & Synchrony Exchange

Lessors Network Logo Bullet  Equipment Leasing Industry Publishing Press Releases on The Lessors “Media” Network
Lessors Network Publishes & Distributes Press Releases Showcasing Companies Active In The Equipment Lease Finance Industry

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Lessors Network   Directory
Directory
Bullet  Funding Sources
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Bullet  Service Providers

Funding Sources include Banks, Brokers, Independent Finance Companies, etc. active in asset based financing while Service Providers include trade associations, portfolio management services, account collections, asset recovery, inspections, appraisals, tax and legal services, exclusive to today's equipment lease finance markets.

Lessors Network   Events
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Networking Events

The Lessors Network Events lists upcoming industry events so equipment leasing professionals never miss participating in high-profile networking opportunities.

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Starts - 04 / 18 MHEDA’s 2015 Annual Convention

Starts - 04 / 21 FLA - 2015 Automotive Financial Crime Conference

Starts - 04 / 21 ELFA - 27th Annual National Funding Conference

Starts - 04 / 30 NAELB - 2015 Annual Conference

Starts - 05 / 03 ELFA - Legal Forum

Starts - 05 / 06 AGL&F/ELFA - Public Sector Finance Forum

Starts - 05 / 13 ELFA - Capitol Connections

Starts - 06 / 04 FLA - 2015 Annual Golf Day

Starts - 06 / 07 ELFA - Credit and Collections Management...

Starts - 06 / 17 NACFB- Commercial Finance Expo 2015

Starts - 06 / 18 FLA - Asset Finance Conf. – Equipping UK Businesses

Starts - 06 / 24 CFLA - 2015 Golf Tournament

Starts - 09 / 16 CFLA - 2015 National Conference

Starts - 09 / 16 ELFA - Operations & Technology Conference...

Starts - 09 / 16 ELFA - Lease and Finance Accountants...

Starts - 10 / 25 ELFA - ELFA 54th Annual Convention

Starts - 11 / 26 NACFB- 2015 Gala Dinner and Industry Awards

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Lessors Network   LinkedIn Group
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LinkedIn
Over 1,575 Global Members

Welcome New LinkedIn Group Members

Joined 2015
Boston - Lahme, David - TradePort USA
Boston - LaChance, Larry - Bankers Capital
Washington, DC - Shaffer, Jeffrey - Kodiak Business Lending Solutions
Minneapolis-St. Paul - Parker, Jonathan - GE Capital
Chicago - Lavin, Raphael - Standard Professional Services, LLC
New York - Kaye, Ed - Advantage Funding
Utah - William, Craig - Truck Finance Services, LLC
London - Gell, Ian - Open Capital Group Ltd.
New York Area - Benevento, Michele - Pascack Valley Finance
France - Hofmann, Martin - Societe Generale Equipment Finance
Minneapolis St. Paul - McCulloch, Jeremy - Wells Fargo Equipment...
Salt Lake City - McBride, Gary - Continental Bank USA
Singapore - Yeo, Roger - China CITIC Bank International Limited
San Diego - Kendall, Paul - Trust Capital, LLC
PA - Wesemann, Donna - Susquehanna Bank - Equip Leasing Division
Bangladesh - Ahmed, Shakil - DBH Finance Corporation Ltd.
Belgium - Beselaere, Patrick - ING Lease & ING Commercial Finance
Nambia - Pretorius, Albert - EuroNam & Corporate Equipment Rentals
Florida - Kealey, Greg - Capital One Equipment Finance
India - Kumar, Deepak - Bajaj Finance
UK - Zaman, Muhamud - Dollar Financial Group
Australia - Diaz, Daniel Martin - Canon Finance Australia
Azerbiajan - Aghababayeva, Vusale - Qafqaz Leasing
India - Zachariah, Abraham - Kristu Jayanti College
Italy - Dott. Gian Attia DI Lorenzo - Socio E Azionista Banche Irlandesi
India - Sharma, MrSubodh - International Commerce Ltd
Joined 2014
Indonesia - Kuntoro Broto, Dominicus - DBM di Adira Finance
Philadelphia - Lockhart, Tom - Marlin Equipment Finance
India - Singh, Pankaj - Srei Infrastructure Finance Limited
Paris, France - de CASTET, Tancrède - INFIBAIL, SIAG
Utah - Jack, Jason - Varilease
Chicago - Patnett, Gregg - Regulatory Reporting at GE Capital
Cincinnati - Fornash, Monica - Great American Insurance
Cincinnati - Inman, Bryan - Great American Insurance
Chicago - Laurx, Lisa - Comdisco
Michigan - Tait, Nancy - Spectrum Health
Texas - Ball, Thomas - Equify, LLC
Stamford, CT - McKenna, Sharon - RVI Group
United Arab Emirates - Rana, Salman - Dunia Finance
South Africa - Lamprecht, Lodewyk - Absa & and Asset Finance
New York - Miller, Eric - GE Capital, Corporate Finance
Florida - Dorry, Don - Balboa Capital
Paris France - Pedretti, Pascal - Société Générale Equipment Finance
UK - Kirk, David - HPB Management Ltd
India - Ahmed, Ubaid - HBL Global Pvt Ltd
Germany - Rösgen, Walter H. - Capital & Concept Leasing
UK - Wall, Geoff - SunGard Financial Systems
Indonesia - Abrianto, Danang - BCA Finance
Slovenia - Gumilar, Aleš - SKB Leasing d.o.o.
Chicago - Dickson, Martin - AILCO Equipment Finance Group
Chicago - K., Michael - Rail Management Services
Istanbul, Turkey - Başaran, Serkan - Yapı Kredi Leasing A.O.
Maryland - Lolila, Zahia - IFC - International Finance Corporation
Germany - Rolfes, Andre - Societe Generale Equipment Finance
NY - Martin, Jennifer - Key Equipment Finance
Netherlands - Dirkzwager, Duncan - Activum Finance
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Lessors Network Ad
Arrow  Summit Funding Group
Summit Funding

Summit Funding Group, Inc. has amassed a high performing portfolio in excess of $1.5 billion in equipment lease and finance originations and a history of working with companies of all sizes and most industries. Built to last, we deliver peak results with equipment finance solutions in any economic cycle.

Contact: Richard Ross
513.489.1222
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Lessors Network Ad
Arrow  PricewaterhouseCoopers
PricewaterhouseCoopers

PwC-eLKE is a comprehensive Like Kind Exchange solution that enables your company to capture LKE tax benefits in an automated and cost effective manner. Our national team of dedicated tax and technology professionals can assist your company in designing and implementing a LKE solution that works best for your leasing business.

Contact: Rick Reekie
214.999.2580
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Lessors Network Ad
Arrow  Great American Insurance
Great American Insurance Group

Great American Insurance Group provides specialty insurance and risk management expertise to equipment lease and finance businesses. Our hallmark coverages include physical damage insurance for equipment and commercial titled vehicles, vicarious liability insurance for equipment lessors, equipment residual value insurance, and SLV gap insurance.

Call: 866-676-5677
Email Contact
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Lessors Network Ad
Arrow  Marks & Associates
Marks & Weinberg

Marks & Associates is a law firm that focuses exclusively on equipment leasing and finance. The lawyers of our firm have significant experience in dealing with virtually every type of equipment and facility financing, have participated in equipment financings worth over a billion dollars, and are recognized throughout the industry.

Contact: Barry Marks
205.251.8303
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Lessors Network Ad
Arrow  WTP Exchange
WTP Advisors

WTP Advisors is the only firm in the industry to provide the LKE tax consulting services, cloud-hosted software, AND Qualified Intermediary services all under one roof - we call it WTP Exchange. We're also the only firm to obtain a favorable IRS Private Letter Ruling (PLR 201308020) around the way we structure our LKE Programs.

Contact: Carol Vieira
401 871-7676
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Lessors Network Ad
Arrow  LeasingWorld
LeasingWorld | Media

LeasingWorld magazine is a world leader for leasing news and analysis. It has a strong reputation for professional articles on all aspects of equipment leasing. Because we see our leasing industry as a global community, we tailor our output to satisfy the whole of the leasing world, right across the globe.

Contact: Jan Szmigin
+44(0)1905 621444
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