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    News and Articles on Equipment Leasing



    Pasha bid comes under fire  Nov 20, 2009
    Local car dealers, equipment leasing companies and construction companies also testified that Pasha's proposed new service would benefit local businesses and consumers. "I was pleased to learn of your intention to seek expansion of the Pasha Hawaii operations through the addition of interisland cargo transfer as part of your scheduled service," Lingle wrote in a March 10, 2009, letter. (Honolulu Advertiser)

    Bryn Mawr Bank Corporation to Acquire First Keystone Financial, Inc.  Nov 4, 2009
    Bryn Mawr Trust offers a full range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance, as well as wealth management services including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation. Headquartered in Bryn Mawr Pennsylvania, Bryn Mawr Trust has nine full-service branches serving residents and businesses in the suburbs of Philadelphia. (Primezone Releases)

    EverBank's $535 million cash hoard  Oct 31, 2009
    Tygris is a commercial finance and equipment leasing company and new business territory for EverBank, whose banking arm had 84 percent of its total assets in real estate loans and mortgage-backed securities as of June 30. EverBank Financial s chairman and CEO, Robert Clements, said the bank was looking at several acquisition opportunities since it grew capital by. (Jacksonville Business Journal, FL)

    AVI-SPL, TAMCO partner for finance option  Oct 21, 2009
    Audiovisual integrator AVI-SPL has made equipment leasing available to customers through a partnership with. AVI-SPL Financial Solutions with the support of TAMCO will offer private label financing to customers, AVI-SPL announced Tuesday. (Tampa Bay Business Journal, FL)

    Meet Karen Alves (83)  Oct 14, 2009
    In addition to volunteering at the Farmers Market, Karen is the owner of a heavy equipment leasing company, as well as a real-estate agent for Town Square Properties in downtown Windsor. Karen, who grew up in Windsor, returned to her childhood home in the 1980s after getting married, because as she said, My roots are here. (Sebastopol Sonoma West Publishing, CA)

    Matters of size  Oct 11, 2009
    it s that traditional sources, such as banks, aren t able to lend as they did a year or two ago, said Deborah Monosson, president of Boston Financial & Equity Corp., which offers equipment leasing to angel- or venture-backed start-ups. For the next year or so, they will be extremely conservative and unable to lend to small and medium companies. (Boston Globe)

    The hunt for funding  Oct 11, 2009
    These types of loans should be considered for purchases that include equipment leasing and the company s permanent capital needs. When loans aren t available, look for equity. (Boston Globe)

    Serious flaws found in war contractor oversight  Oct 8, 2009
    Defense auditors uncover at least $6 billion in questionable charges. This photo, provided in response to a Freedom of Information Act request for documents about the performance of defense contractor Combat Support Associates, was taken by U.S. military personnel in March, 2008. (MSNBC -- International)

    Your tax dollars at work? Apparently  Oct 8, 2009
    INDEPENDENT-ENTERPRISE. NEWSPAPERS IN EDUCATION. (Ontario Argus Observer, OR)

    Oversight lacking on war costs  Oct 7, 2009
    4:05 a.m. Wednesday, October 7, 2009. The Associated Press. (Atlanta Journal-Constitution -- Business)

    AP: Military Contractor Oversight Too Lax  Oct 7, 2009
    WASHINGTON, Oct. 7, 2009. Defense Auditors Uncover at Least $6B in Questionable Expenses Claimed by Government Contractors. (CBS News -- 60 minutes II)

    Union Bank names new CFO  Sep 25, 2009
    Matson, who will be succeeded by Woods in early 2010, joined Union Bank in 1976 as a manager in the bank s equipment leasing operations. Since then he has advanced through a number of senior and executive management positions in both line and staff functions. (San Jose Business Journal, CA)

    Irwin Union parent gets cease and desist order  Sep 18, 2009
    Irwin Financial, which was stung by bad mortgage loans, has tried for months to refocus its business from mortgage and home-equity lending and equipment leasing to community banking. The company lost $57 million, or $1. (Louisville Business First, KY)

    Huntington Bancshares Announces a $350 Million Public Offering of Common Stock and Completion of Current Discretionary Equity Issuance Program  Sep 18, 2009
    COLUMBUS, Ohio, Sept. 17 /PRNewswire-FirstCall/ -- Huntington Bancshares Incorporated (Nasdaq: ; ) announced today that it has commenced a public offering of $350 million of its common shares. It also announced that its discretionary equity issuance program launched September 9, 2009, which resulted in the issuance of 35. (PR Newswire)

    Aldermen To Meet Tuesday  Sep 4, 2009
    Aldermen are expected to vote on accepting a lease purchase agreement with King Commercial Equipment Leasing for the purchase of a new street sweeper. The sweeper will come at a cost of $179,000, about five times what the city originally expected to spend, but the machine will replace the current leaf blower and street sweeper. (Missourian Publishing, MO)

    Marshall & Ilsley Corporation Announces Third Quarter 2009 Dividend  Aug 21, 2009
    M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet (www. mibank. (PR Newswire)

    Isle of Capri Casinos, Inc. Names James B. Perry as Chairman of the Board and Nominates Richard A. Goldstein to Join Board  Aug 21, 2009
    He has been an officer/director of several affiliated river transportation companies engaged in stevedoring and equipment leasing since 1983. Since November 2005, he has served on the co-products committee/transportation subcommittee of the Renewable Fuels Association. (PR Newswire)

    Metro chiropractor gets jail for tax fraud  Aug 19, 2009
    The non-existent companies other than Abundance Investments to which Falite wrote checks had names designed to make it appear the checks were for legitimate business expenses, such as Sunshine Personnel, Chiro Equipment Leasing, Quantum Office Equipment Leasing, and World Travel Leasing. Bank account records showed money from the checks made payable to the sham companies and deposited into these accounts were actually used to pay off Falite s home mortgage, to buy or make payments on... (Atlanta Business Chronicle, GA)

    Biz owners heed call to action  Aug 14, 2009
    He helped , a vehicle and equipment leasing company, improve its sales when the phones stopped ringing last fall. Leasing is usually preferable to buying in a down economy, says Scott Crawford, president and owner of Wilmar. (Charlotte Business Journal, NC)

    Irwin Financial loses $57 million in 2Q  Aug 6, 2009
    Irwin Financial, which has been affected by bad mortgage loans, is in the midst of a corporate restructuring to refocus its business from mortgage and home-equity lending and equipment leasing to community banking. The also loss is an improvement over Irwin s $94 million loss in the first quarter. (Louisville Business First, KY)

    Marlin Business Services Corp. Announces Second Quarter 2009 Conference Call and Webcast  Jul 31, 2009
    Marlin Business Services Corp. is a nationwide provider of working capital and equipment leasing solutions primarily to small businesses. The company's principal operating subsidiary, Marlin Leasing Corporation, finances over 90 equipment categories in a segment of the market generally referred to as "small-ticket" leasing (i. (Primezone Releases)

    Jesse V. Crews Joins Willis Lease Finance Senior Management Team; Veteran Industry Leader Named Executive Vice President and Chief Operating Officer  Jul 28, 2009
    Crews spent 26 years with GATX Corporation (NYSE: - ), where he served as President and CEO of GATX Capital Corporation, a diversified equipment leasing company with approximately $3. 5 billion in assets and $5 billion in managed third party assets. (Primezone Releases)

    IAC Announces Launch of Production Company 'Notional' - Zibb.com  Jul 25, 2009
    Compare free, no-obligation price quotes for video equipment leasing and financing from companies serving your area. Learn more about video equipment leasing and financing with our buyer's guide and take an informed decision about the best leasing or financing solution for your needs. (Multichannel News)

    State Bancorp, Inc. Reports Second Quarter 2009 Results  Jul 22, 2009
    " Earnings Summary for the Quarter Ended June 30, 2009 The Company recorded net income of $1.1 million during the second quarter of 2009 versus earnings of $961 thousand in the comparable 2008 period. Net interest income decreased by $1.0 million or 6.5% to $15.0 million in the second quarter of 2009 versus 2008. This decline was due to a 41 basis point contraction of the Company's net interest margin to 3.88% in 2009. The reduced margin in 2009 resulted from lower asset yields in all... (Primezone Releases)

    Dial S for savings  Jul 15, 2009
    Dial S for savings - Austin Business Journal. for free extra services. (Austin Business Journal, TX)

    An entrepreneur stretches too far  Jul 11, 2009
    This came unstuck last month when Motive Finance and Equipment Leasing Pty Ltd, which leased equipment to some of those companies, served a termination notice for defaulting on payments. Feldman and Bamford had a falling out - Bamford wanted the companies wound up; Feldman resisted. (Sydney Morning Herald -- Business)

    Huntington Investment Company Adds Four Representatives to Its Columbus Team  Jul 11, 2009
    Through our subsidiaries, including our banking subsidiary, The Huntington National Bank, we provide full-service commercial and consumer banking services, mortgage banking services, equipment leasing, investment management, trust services, brokerage services, customized insurance service program, and other financial products and services. Our over 600 banking offices are located in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia. (PR Newswire)

    SunTrust to Announce Second Quarter 2009 Earnings Results Wednesday, July 22, 2009  Jul 4, 2009
    Through various subsidiaries SunTrust provides mortgage banking, insurance, brokerage, investment management, equipment leasing and capital markets services. SOURCE SunTrust Banks, Inc.. (PR Newswire)

    Jackson Doctor Hit By Lawsuits In Houston  Jun 28, 2009
    Live Cameras, Conditions. LA Police Question Cardiologist. (Click2Houston, TX)

    Nigeria: NNPC - Oil, Gas Operations to Gulp $11 Billion Yearly  Jun 17, 2009
    He said that about $25 bn will be spent on procurement of materials, manufacturing and equipment leasing over the next five years. Also, he said that over $8 bn will be earmarked for fabrication and construction in the upstream sector over the same corresponding period while over $500 million per annum will be spent on engineering design projects over the next five years. (allAfrica.com)

    Eagle Geophysical files for Ch. 11  Jun 3, 2009
    Eagle s largest unsecured creditors include: Houston-based Eagle Equipment Leasing; John Kornitzer of Mission, Kan. Eagle Canada Inc.; Eagle Geophysical Offshore Fixed Income Trust; and Dallas-based Realtime Geophysical Surveys LP.. (Houston Business Journal, TX)

    SunTrust Banks, Inc. Announces Pricing of $1.4 Billion Common Stock Offering  Jun 2, 2009
    SunTrust Banks, Inc. Announces Pricing of $1. 4 Billion Common Stock Offering. (PR Newswire)

    Huntington Bancshares Announces $675 Million in Additional Regulatory Capital Actions  May 21, 2009
    COLUMBUS, Ohio, May 20 /PRNewswire-FirstCall/ -- Huntington Bancshares Incorporated (Nasdaq: ) today announced additional capital actions estimated to add approximately $675 million in regulatory common equity. These actions include. (PR Newswire)

    Beleaguered Irwin Financial has $94 million 1Q loss  May 12, 2009
    Irwin Financial, which has been dragged down by bad mortgage loans, is in the midst of a corporate restructuring in order to refocus its business from mortgage and home equity lending and equipment leasing to community banking. The divestiture of those businesses has taken about $700 million of home equity loans and other assets off Irwin Financial s books, the company said in a news release. (Louisville Business First, KY)

    Irwin Financial Corporation Announces First Quarter 2009 Results  May 12, 2009
    "In the first quarter, we completed another step in our restructuring plan to re-focus our bank on small business and community banking with the sale of our home equity servicing assets. Our restructuring started two years ago with the sale of our conforming mortgage business. Since that time we have completed our exit from the national mortgage, equipment leasing, and home equity segments, except for a liquidating portfolio of home equity loans. With the transactions in March, we removed... (PR Newswire)

    Unveiling Sasquatch  May 10, 2009
    And on Thursday, officials from fuel cell manufacturer Plug Power Inc. in Latham said that KeyBank had put together an innovative equipment leasing deal for Plug, which supplied 220 of its forklift fuel cells to a grocery distribution center in Illinois. Good company. (Albany Times Union)

    Banks open arms to jobs  May 1, 2009
    In Marin County, hired San Anselmo resident Michael Rice as senior vice president of business lending and equipment leasing. Rice, with more than two decades of lending experience, was most recently chief lending officer and SBA manager for. (San Francisco Business Times, CA)

    Liberia: Dr. Richard Tolbert Gets Outstanding Performance Award  Apr 19, 2009
    with an employment capacity of 2,287 jobs in the sectors of construction, agriculture, manufacturing, hotel and equipment leasing. Mr. Keita said the NIC also chaired the Business Reform Committee that moved Liberia to the 13th place upward in the World Bank's "Doing Business Report" from 170 to 157 position, signed a US$30M rice deal with the African Development Agency (ADA) and another rice deal of US$2M with the Novel Corporation of Switzerland along with the Agriculture Ministry. (allAfrica.com)

    CNN to air feature on cheese factory proposal  Apr 16, 2009
    Saratoga Cheese is currently still trying to raise 10 million in private funding for the project, and the company has secured 31 million in public financing through tax rebates, equipment leasing, grants and low-income loans. Much of those funds came through lobbying efforts with federal government and Empire State Development, the state's economic development agency. (Auburn Citizen, NY)

    Passenger Safely Lands Plane After Pilot Dies  Apr 15, 2009
    -based White Equipment Leasing LLC.. White got his pilot's license in 1990, but said 18 years had passed until he recently started flying again. (Fox News)

    * Staffing Japans nursing homes with the jobless is no easy fix  Apr 10, 2009
    Schultz says there is room to retrain manufacturing workers, but that fields such as logistics for the service industry and equipment leasing would be more realistic. If you just try to kick young people in the city out to the country, that is as bad as putting disgruntled manufacturing workers at the bedsides of old people, he said. (Taipei Times, Taiwan -- Sports)

    D.C. sues equipment leasing companies  Apr 10, 2009
    D.C. has filed a lawsuit against several local residents and equipment leasing companies for allegedly bilking church congregations out of hundreds of thousands of dollars ... Defendants named in the case are Oxon Hill-based Television Broadcasting Online Ltd. and its subsidiary Urban Interfaith Network Inc., as well as several other equipment leasing companies. (Washington Business Journal, DC)

    Sterling Bancorp Announces Agreement to Acquire Factoring and Import Trade Financing Business  Apr 5, 2009
    Sterling offers working capital lines, asset-based financing, factoring, accounts receivable financing and management, payroll funding and processing, equipment leasing and financing, commercial and residential mortgages, import trade financing, a wide array of depository products and cash management services, trust and estate administration and custodial account services. Certain statements in this press release, including but not limited to, statements as to future plans and objectives for... (PR Newswire)

    American Capital combines companies  Apr 2, 2009
    The Dallas-based holding company, called , brings together Core Business Credit, an asset-based lender, , a venture debt finance and middle market equipment leasing company, and Oceana Media Finance, a film finance company. American Capital s Financial Services Group invests in strong management teams to build industry leading enterprises within the financial services space, said Bob Grunewald, managing director, financial services group, in a statement. (Washington Business Journal, DC)

    SunTrust Assists FDIC with Omni National Bank Resolution  Mar 28, 2009
    Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and capital markets services. SunTrust's Internet address is. (PR Newswire)

    Osisko Releases Year-End Results  Mar 25, 2009
    - US$83 million equipment leasing facility. - $20 million unsecured term loan. (CCNMatthews Press Releases)

    A New Way To Protect The Data Center  Mar 25, 2009
    Computer equipment leasing is so popular because the cost can be spread out over time, and by the time the lease term has expired the equipment is obsolete ... That is why equipment leasing is so popular. (Yahoo News -- Press Releases)

    Price is right for acquisition  Mar 17, 2009
    In January, an affiliate of Inc. and its parent company, Utility Equipment Leasing Corp., acquired the assets of , a Hauppauge, N.Y., manufacturer of propulsion systems for advanced plug-in hybrid electric vehicles ... Dueco manufactures aerial lifts, diggers, truck bodies and construction equipment at its plants in Pewaukee and Watertown, S.D. Utility Equipment Leasing Corp. rents and leases utility equipment ... Under the deal, Dueco and Utility Equipment Leasing acquired Odyne s intellectual... (Milwaukee Business Journal, WI)

    Washington Court Dockets for First Half of February  Mar 17, 2009
    Michael Lee Elbert, New Haven; Enterprise Leasing C, St. Louis; Equipment Leasing Co., Fenton; David/Joshua Ewing, Washington; FLC Leasing Co. LLC F, Washington; Bryce Frankenberg/Cassie Crews, Washington; Richard A. Gardner, Hermann; Gelco Corp. C/O The N, St. Peters. Donald/Debra Groebl, Hermann; Mary A./Sandra L. Hackman, St. Louis; Mikel R. Hays, Robertsville; John W. Herdlein/Environ Biocold, Town and Country; Jeff A. Hinch, Owensville; Dawn M. Hogan, Union; Crystal/Jeremy Holdmeier,... (Missourian Publishing, MO)

    More money needed to build cheese factory  Mar 13, 2009
    Corporate officials have been able to secure 31 million in tax rebates, equipment leasing, grants and low-income loans. Much of those funds came through lobbying efforts with federal government and Empire State Development, the state's economic development agency. (Auburn Citizen, NY)

    OMNI Announces Fourth Quarter and Full Year 2008 Results  Mar 12, 2009
    0 million related primarily to the Company's equipment leasing and seismic services segments ... During the year, the Company acquired BEG and ILT, which were accretive to Operating Income, but this was offset by reduced activity levels in our Seismic Services and our Equipment Leasing segments ... OMNI provides its services through five business segments: Seismic Services (including drilling, survey and permitting services), Environmental Services, Equipment Leasing, Fluid and Transportation... (Primezone Releases)

    Expense Reduction Analysts helps companies pinch pennies  Feb 21, 2009
    The firm specializes in cutting expenses for corporations in non-core areas, such as telecommunications, office supplies, merchant credit card fees, freight and package shipping, equipment leasing, uniforms and utilities. Heiden only gets paid if he saves money. (South Florida Business Journal, FL)

    The Andersons, Inc. Announces Increased Cash Dividend for the Second Quarter  Feb 21, 2009
    Founded in Maumee, Ohio, in 1947, the company now has operations in 12 U.S. states and Puerto Rico, plus rail equipment leasing interests in Canada and Mexico. For more information, visit The Andersons online at. (PR Newswire)

    Women inmates learn heavy equipment skills  Feb 15, 2009
    The program costs 68,000, mostly for equipment leasing. During a transition period after release their from Lusk, graduates likely will stay at adult community corrections facilities in Gillette, Cheyenne and Casper, Abbott said. (Casper Star-Tribune, WY)

    Leaf Financial in new credit facility  Feb 12, 2009
    Leaf is a commercial finance and equipment leasing company with about $1. 6 billion in assets under management as of Dec. 31. (Philadelphia Business Journal, PA)


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