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WEB2 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 ...
Regions Equipment Finance Builds Technology Solutions
WEBJAN 7, 2022 - 5:45 am. Regions Equipment Finance is expanding its specialty capabilities to include a new technology solutions platform and team. Jay Cannon, a 40-year banking veteran who recently joined the company, will lead the new platform and serve as Regions Equipment Finance’s technology solutions market manager and south-central ...
Articles - Monitordaily
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 ...
Vantage Financial Hires Richardson as CCO; Merrigan
WEBFeb 9, 2024 · Vantage Financial hired Kyle Richardson as chief credit officer to oversee the credit team and risk management processes. Colin Merrigan, who was previously in charge of credit and risk management at the company, will become senior vice president and credit administration officer for the specialty finance division of Vantage Financial’s parent company, Peoples Bank.
Right Place, Right Time: Channel Partners Protects Customer ...
WEBBeing ranked in the Inc. 500|5000 is an honor. Doing it more than once is a little tougher. Just imagine how hard getting there five times would be. Actually, you don’t have to imagine. Fewer than 7% of the companies will return to the rankings five times. Among this small percentage is Channel Partners Capital,
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 ...
News - Monitordaily
WEB3 days ago · IDC: PC Refresh Cycle and Tablets in Emerging Markets Expected to Spur Demand. A new forecast from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker shows shipments of personal computing devices are expected to grow 2.6% year over year in 2024 to 398.9 million units. read more. SEP 26, 2024 - 6:22 am.
Freight Rates and Supply-Demand Balance Decrease
WEBDEC 22, 2022 - 7:14 am. According to ACT Research ’s For-Hire Trucking Index, the supply-demand balance and volumes have decreased recently while freight rates have also continued to decline. “Volumes softened to the lowest levels seen since March and April of 2020, on tepid consumer demand, overstocked retail inventories, and declining ...
STRIPES Leadership Program Announces Introduction Sessions
WEBFeb 3, 2022 · STRIPES Leadership Program, the professional and personal leadership development program created in partnership with Monitor and designed to challenge and inspire best-in-class leaders within equipment finance, announced its intention to host seven sessions to introduce various aspects of its curriculum. The first session was held on Feb. 2, with the others to be held on Feb. 8, Feb. 10, Feb ...
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.