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WEB3 days ago · Used BEVs Can Mean Big Business for Small Carriers and Lenders. By Patrick Gaskins. SEP 29, 2024 - 8:00 pm. Banks, lessors and other financers may be missing out on what could be a significant market by focusing on buyers of new battery electric vehicles (BEVs) while ignoring the people who might look to buy those same vehicles when they ...
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WEBThe Monitor 101+ Takes One Step Forward, One Step Back. The number of Monitor 101+ companies contracted to 35, bouncing back to the number of 2022 participants. Although the group achieved double digit year-over-year percentage gains in net assets and new business volume, the rate of growth diminished sharply from last year, with volume growth ...
CIT Agrees to Acquire Direct Capital - Monitordaily
WEBJun 25, 2014 · CIT Bank entered into an agreement to acquire Portsmouth, NH-based Direct Capital, a provider of financing to small and mid-sized businesses. The transaction will expand CIT’s small business and middle market lending and equipment leasing capabilities and will allow Direct Capital’s highly experienced team of professionals to offer CIT’s broad range of products and services to its customers.
Citi Adjusts Organizational Structure to Simplify Operating Model
WEBSEP 14, 2023 - 7:19 am. Citi unveiled changes to its organization model, introducing a new, flatter structure that elevates the leaders of five businesses and eliminates management layers with the goal of accelerating decision making, increasing accountability and strengthening client focus. “I am determined that our bank will deliver to our ...
Hitachi Capital America Rebrands as Mitsubishi HC ... - Monitordaily
WEBOCT 1, 2021 - 6:21 am. Mitsubishi HC Capital (U.S.A.), ENGS Commercial Finance and Hitachi Capital America, the North American commercial finance subsidiaries of Mitsubishi HC Capital, engaged in a collective rebranding following the birth of Mitsubishi HC Capital through the business integration of Mitsubishi UFJ Lease & Finance Company and ...
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WEB6 days ago · ACT Research: Used Class 8 Truck Retail Sale Price Progressed Further in August. According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used class 8 average retail sale price built on July’s progress in August, climbing 4.6% month over month to $58,350. read more. OCT 1, 2024 - 5:50 am.
New ELFF Study Examines Issues and Outlook for Captive
WEBJAN 17, 2023 - 7:13 am. A new study, “ Captive Finance: Embracing Change and Driving Innovation in a Disruptive Market,” released by the Equipment Leasing & Finance Foundation, examined the relationship between captives and their parent companies, the evolution of captives and customer demands, the effects of modern technology on this ...
Signature Financial Launches New Business Lines, Appoints …
WEBMay 11, 2021 · Signature Financial, the specialty finance subsidiary of Signature Bank, launched two business lines: vendor industrial finance (VIF) and dealer lease and rental (DLR). Signature Financial chose Michael Mehosky to lead the VIF division and Michael Jones to lead the DLR platform.
BlackRock Agrees to Acquire Global Infrastructure Partners for $3B
WEBJAN 12, 2024 - 7:02 am. BlackRock entered an agreement to acquire Global Infrastructure Partners, an independent infrastructure fund manager, for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock. Approximately 30% of the total consideration, all in stock, will be deferred and is expected to ...
Grant Thornton Names New Industry and Market Leaders
WEBAUG 18, 2023 - 6:48 am. Grant Thornton, an audit, tax and advisory firm, appointed Andrea Schulz to lead its technology practice as national managing partner and Russell Norris to lead its transportation industry practice, also as a national managing partner. The firm also named new market managing partners and principals for seven of its ...