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Lessors Media Network     Breaking Financial News Around The Web
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Breaking News

Launched in 1998 by industry veteran John O. Semon, The Lessors Network is designed to keep the largest equipment lease finance community on the Web informed of breaking news shaping our industry. News is aggregated from thousand of trusted sources around the world. Multi-channel distribution platforms incorporate this site, Google News, Social Media and an Email Alert Distribution system landing on the desk of thousands of industry professionals around the world each morning.

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LinkedIn
Lessors Network Adds LinkedIn Group Members

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Leonard, Tiffany - TMX Finance - Alabama
Schmidt, Karina - Nacion Servicios - Argentina
Gamoulakos, Leo - CIBC Mortgages - Canada
Johnson, Beverly - MicroFinancial, Inc. - Boston
Ridhani, M. Sahri - Bosowa Finance - Indonesia

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Bullet  Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index
June New Business Volume Up 5 Percent Year-over-year, Up 30 Percent Month-to-month, Up 3 Percent Year-to-date
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Bullet  Marshall Leasing launches new website
The new site - www.marshall-leasing.co.uk - has adopted a new look and feel, as well as a greater functionality through new technology...
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Bullet  Covering the Cost of Capital Equipment with Hybrid Financing Structures
While bond financing has historically been the most common way for water utilities to fund new or upgraded equipment, it also comes with some heavy lifting.
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Bullet  MicroFinancial Incorporated Announces Cash Dividend
This dividend represents the same amount per common share as the last dividend paid by MFI in May of 2014.
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LeasingWorld     Jan Szmigin  |  +44(0)1905 621444
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.

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Bullet  LEAF Commercial Capital Launches New Website
Tightly organized content and intuitive navigation streamline the user experience
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Bullet  Solar leasing market in Australia could reach $100bn
“I think we can pretty quickly get to a market segment that is worth tens of billions, or even $100 billion, that is third-party owned,” Jones told RenewEconomy in an interview.
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Bullet  Thain Bounces Back as CIT Deal Masks Merrill Memories
By buying OneWest, CIT can access more retail deposits, cheaper funding that can help boost profitability.
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Bullet  Signature Bank Reports 2014 Second Quarter Results
For the 2014 Second Quarter, Loans Increased $1.21 Billion, or 8.5 Percent, to $15.43 Billion.
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Marks & Associates     Barry Marks  |  205.251.8303
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.

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Bullet  PacWest Bancorp Announces Results for the Second Quarter of 2014
Loan and Lease Production of $881.3 Million; $143.0 Million of Organic Loan and Lease Growth in the Quarter
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Bullet  Equipment dealer who used Ky. bank to defraud investors is sentenced to 10 years in prison
Lev had a business called International Tractor Co. and traded construction equipment such as graders in the U.S. and abroad, according to court documents.
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Bullet  Stearns Bank expands building, business
Annual funding for the equipment finance division was $306 million in 2012. In 2013, it topped $468 million. This year, it’s on pace to do more than $600 million, to partners across the nation.
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Bullet  Fitch: Lessors' Aircraft Orders Raising Long-Term Financing Risk
Over the past several years, operating lessors have become one of the dominant distribution channels for aircraft manufacturers to sell new equipment.
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Bullet  GE Capital Agents $9 Million Senior Secured Credit Facility for USGI(R) Medical
GE Capital's Healthcare Financial Services (HFS) business is one of the most active capital providers in the U.S.
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Summit Funding Group, Inc.     Richard Ross  |  513.489.1222
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.

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Bullet  Equipment Leasing and Finance Industry Confidence Remains Steady in July
The overall MCI-EFI is 61.4, unchanged from the June index.
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Bullet  CIT to Acquire OneWest Bank for $3.4 Billion in Cash and Stock
Acquisition Advances CIT’s Bank Strategy
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Bullet  EIB continues to finance projects through BCR Leasing in Romania
This is the second tranche of a loan of EUR 75 million approved by the EIB following the successful disbursement of the first part of the loan of EUR 15 million signed earlier this year.
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Bullet  CIT Reports Second Quarter 2014 Net Income of $247 Million ($1.29 Per Diluted Share)
Solid Asset Growth – Finance and leasing assets grew 10% from a year ago
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Bullet  CIT to Repurchase up to $500 Million of Common Stock
Management will determine the timing and amount of any share repurchases under the share repurchase authorizations based on market conditions and other considerations.
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Bullet  Romania’s operational leasing market gains 12.3 percent in second quarter
The operational leasing firms have registered around 5,400 new cars in the first six months of this year, accounting for over 15 percent of all registration of cars and small commercial vehicles.
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Bullet  Balboa Capital Continues Rapid Growth; Expands Workforce With Over 130 New Hires In First Half Of 2014
Balboa Capital specializes in equipment leasing, large ticket financing, franchise financing, franchise working capital loans, small business loans, and equipment vendor financing.
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Bullet  Profits are high and interest rates are low, yet capital spending continues to lag
Equipment spending in particular has averaged 5.2 percent of the economy over the past five years, as The Wall Street Journal noted Monday, down from 6.5 percent over the previous half-century.
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PwC-eLKE     Rick Reekie  |  214.999.2580
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.

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Bullet  GSG Financial Announces New Corporate Headquarters
GSG Financial is an independent equipment lessor that facilitates capital acquisitions through personalized service and customized financial products.
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Bullet  How Needham's Salus Capital landed $250M Radio Shack deal
They need a lifeline, and to get it they'll take an aggressively structured deal from lenders that don't bother with any feel-good talk about their mission to grow jobs, or strengthen the economy.
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Bullet  China Bohai Leasing approves deal to buy 70 Airbus aircraft
This month, BOC Aviation, the aircraft leasing arm of the Bank of China, ordered 43 planes from Airbus...
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Bullet  EIB lends EUR 30 mln to BCR Leasing
The EIB loan is granted under the Joint IFI Plan for Growth in Central and South Eastern Europe.
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Bullet  Finance Industry Bonus Hit in Poll as Revenue Disappoints
Almost half of all finance professionals expect bonuses to be smaller this year, if they get one at all, according to a Bloomberg Global Poll.
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Bullet  SunTrust Reports Second Quarter 2014 Results
Average performing loans increased $2.3 billion, or 2%, sequentially, and $9.8 billion, or 8%, compared to the second quarter of 2013, driven primarily by growth in the C&I, commercial real estate, and consumer portfolios.
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