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The Independent Voice Of Equipment Finance For Over 50 Years

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ELFA: Equipment Finance Industry Confidence Eases in August

The Equipment Leasing & Finance Association (ELFA) today released its August 2026 Monthly Confidence Index for the Equipment Finance Industry (MCI), revealing confidence in the equipment finance market is 62.4, easing from the July index of 63.7, but within the elevated range of the past six months. The index provides a qualitative assessment from key […]

LeadHER Welcomes Rigsby and Martin to the LeadHER Learning Series

Gina Rigsby, head of commercial operations at DLL, and Jen Martin, senior vice president and chief strategy officer at LTi Technology Solutions, will join facilitator Lori Frasier for the first session of the LeadHER Learning Series. “Beyond Balance: Building Sustainable Success at Work and Beyond” will take place virtually on Sept. 10, 2026, from 1:00 […]

Wingspire Equipment Finance Provides $140MM Financing for AI Compute Infrastructure

Wingspire Equipment Finance closed a $140 million large equipment financing transaction with a private equity-backed company providing GPU cloud computing capacity to AI labs, enterprise customers and public-sector organizations. The funding advances the continued expansion of the company’s high-performance cloud platform. It funded high-density GPU servers that form part of the digital backbone…

Beswick Joins Maxim Commercial Capital as Chief Technology Officer

Maxim Commercial Capital added Michael “Bez” Beswick as chief technology officer. Beswick brings over 15 years of experience as a technical architect and consulting practice lead across many industries to guide Maxim’s technology strategy, systems architecture, data and AI roadmap. “Technology is pivotal to achieving our mission of redefining access to capital for underserved small […]

Modern Rail Capital Appoints McHugh as President, Succeeding Cook

Modern Rail Capital (MRC), a Chicago-based railcar lessor, appointed Kevin McHugh as the company’s new president. McHugh succeeds Kevin Cook, who has been the company’s president since 2021. McHugh joined MRC in August and will officially begin his tenure as president on Sept. 1. “MRC’s customer-focused approach and agility position the company well for continued […]

Grote Industries Appoints Smith as Vice President of North American Operations

As Grote Industries celebrates its 125th anniversary, the family-owned manufacturer is continuing to build a leadership team positioned to guide the company into its next chapter of innovation and manufacturing excellence. Grote Industries appointed Patrick Smith as vice president of North American operations (Madison) and a member of the company’s executive leadership team. With more […]

SLIM Capital Launches SLIM to WIN Interactive Pricing Tool for Equipment Finance Originators

SLIM Capital, a boutique equipment fintech firm, launched SLIM to WIN, a proprietary interactive pricing tool designed to help brokers and originators structure transactions more effectively and move approvals across the finish line. The live calculator card is embedded directly within eligible SLIM approvals, giving originators immediate visibility into deal pricing and the ability to […]

Pinnacle Financial Partners Adds Six Experienced Professionals to Equipment Finance Team

Pinnacle has added six experienced advisors to its equipment finance team, growing the practice at an important milestone in its history. Joining the team are Bob Quinn, financial advisor in Orlando; Rich Solari, financial advisor in Charlotte; Matt Senseney, credit advisor in the National Capital region; Regina Edwards, financial advisor associate in Charlotte; Laura Thompson, […]

KLC Financial Promotes Lefeber and Steine to Director Roles

KLC Financial promoted Griffin Lefeber to director, credit and funding strategy and Leah Steine to director, risk and credit administration. The promotions recognize Lefeber and Steine’s leadership, expertise and continued contributions to KLC while further strengthening the company’s approach to credit, funding and risk management. “Griffin and Leah have both played important roles in the […]

Fleet Advantage & Kids Around The Corner Distribute Record Number of Backpacks & Sneakers to South Florida Children

More than 1,200 children across South Florida are heading into this new school year with essential back-to-school resources thanks to Fleet Advantage and its charitable division, the Kids Around the Corner (KATC) Foundation. Through partnerships with the Broward Education Foundation and the Foot Forward Foundation, Fleet Advantage distributed a record 1,155 backpacks filled with school […]