New business volume, employment up in May
New business volume in equipment finance surged year over year in May. But the growth may slow in the coming...
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Lender Operations
2 state commercial finance disclosure laws take effect
Connecticut and Kansas are the most recent states to adopt disclosure laws as more states seek commercial financing regulations; the...
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Software automation key for compliance
Software automation is the easiest way for lessees and lessors to maintain compliance and meet needs and requirements. The three...
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M&A: Orrstown Financial Services, Codorus Valley Bancorp to merge
With M&A activity at a high point lately, several transactions have received regulatory approval and are expected to close within...
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Eickhoff to lead U.S. Bank equipment finance division
Tina Eickhoff, a 24-year veteran of U.S. Bank, has been named head of equipment finance for the lender. Eickhoff will...
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CFPB extends Section 1071 compliance deadlines
The Consumer Financial Protection Bureau on June 25 extended the deadline for small businesses to adopt more stringent data collection...
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7 U.S. Bank employees among 18 to pass CLFP exam
Multiple equipment finance lenders have added staff as they strengthen their business operation teams. Additionally, 18 people passed the Certified...
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Equipment loan delinquencies rise MoM in May
Equipment asset-backed securities 60-plus-days delinquencies rose sequentially in May across all publicly rated deals, amid mixed overall credit performance as...
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