As reported by Monitor Daily: ENGS Commercial Finance, a Mitsubishi UFJ Lease and Finance company, achieved record-breaking originations in Q4/19. In December, ENGS funded a single month record of $115 million, and for the quarter, ENGS funded $222 million. This represents a 72% monthly and 44% quarterly increase in year-over-year originations. Craig Weinewuth, president and […]
Increase in Equipment Finance Consolidation After Major Player Sell-Off
Market conditions are ripe for new mergers and acquisitions in the equipment finance industry, as a slowdown in new equipment sales and the sell-off of significant assets by industry giant GE Capital Corp. A substantial portion of GE’s assets have already been acquired by BMO Financial Group and Wells Fargo & Co., however such a […]
ACT Research: NG Reality Check: Moving from Infancy to Adolescence
COLUMBUS, IN –With the natural gas powered vehicle market moving from infancy to adolescence, ACT Research has released the results of its updated research on U.S. Natural Gas transportation fuel trends in the heavy duty truck market. Additionally, the report details the impact of today’s trucker-favored market, in which focus is placed more on acquiring […]