Provident Financial Services Merges with Lakeland Bancorp, Forms Executive Team
Equipment Finance Advisor
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3d ago
<p><a title="Provident Financial Services, Inc." href="https://www.provident.bank/" target="_blank">Provident Financial Services</a> announced its merger with Lakeland Bancorp was completed, creating the premier super community banking franchise in the region. The merger of Lakeland Bank with and into Provident Bank has also been completed. In accordance with the Agreement and Plan of Merger dated as of Sept. 26, 2022, as amended (Merger Agreement), at the close of the transaction Lakeland shareholders have the right to receive 0.8319 of a share of Provident common stock for ..read more
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PathShare Launches Sales Training for Sales, Sales Management Professionals
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3d ago
<p><a title="PathShare HR Services" href="http://www.greatamerica.com/pathshare" target="_blank">PathShare HR Services</a>, a division of <a title="GreatAmerica Financial Services" href="https://www.greatamerica.com/pathshare-sales-training" target="_blank">GreatAmerica Financial Services</a>, announced the launch of its sales training, featuring a curriculum developed by Richardson Sales Performance, a global leader in sales training and performance improvement. The training includes facilitator-led virtual and in-person options, as well as e-learning components ..read more
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Majority of Americans Ill-Prepared for Historic Multigenerational Wealth Transfer, Citizens Survey
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3d ago
<p>Nearly three quarters of Americans (72%) lack the financial confidence needed to manage a large influx of money on their own, according to a new survey by Citizens. As Baby Boomers, the most financially prosperous generation in history, are set to transfer $84 trillion* in assets over the next few decades, subsequent generations are bracing for what’s being deemed, ‘The Great Wealth Transfer.’ The survey, released today, offers insights into Americans' preparedness to handle significant inbound wealth, underscoring the critical need for expert financial guidance.<br /><br /&g ..read more
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Alfa Systems 6 Moves Ahead with Its Fourth Pillar, Scalability
Equipment Finance Advisor
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3d ago
<p>Alfa, a provider of enterprise software for the equipment finance industry, announced the release of Scalability, the fourth of six releases that make up Alfa Systems 6 - a breakthrough iteration of its <a title="Alfa Systems" href="https://www.alfasystems.com/en-us" target="_blank">Alfa Systems</a> software platform.<br /><br />Providing “truly always-on, financially coherent operation - without restriction,” Scalability in Alfa Systems 6 presents leading-edge functionality designed for providers looking to scale their business with flexibility and speed. This ..read more
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Smith Joins Gordon Brothers as Managing Director, North America Real Estate Services
Equipment Finance Advisor
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3d ago
<p>Caleb Smith has joined <a title="Gordon Brothers" href="https://www.gordonbrothers.com" target="_blank">Gordon Brothers</a>, the global asset experts, as Managing Director, North America Real Estate Services.<br /><br />In this role, Smith oversees Real Estate Services’ daily operations through the implementation of streamlined processes, procedures and methodologies and enhancing the operational platform to provide full life cycle portfolio optimization services to retail, office, commercial and industrial clients.<br /><br />Based in Nashville, Sm ..read more
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ACT Research: Preliminary Net Trailer Orders Indicate Slowdown Continues
Equipment Finance Advisor
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3d ago
<p>Preliminary net trailer orders were little changed nominally from March to April. However, at 13,700 units, orders were higher compared to last April, up 21 percent y/y. Seasonal adjustment (SA) at this point in the cycle boosts April’s tally to 17,300 units. Final April results will be available later this month.<br /><br />“Against year-ago data, with pent-up demand beginning to wane and supply-chain congestion, for the most part, cleared, order activity continues to meet expectations,” said Jennifer McNealy, Director CV Market Research & Publications at <a title ..read more
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Equipment Finance Industry Confidence Lower in May
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4d ago
<p>The <a title="Equipment Leasing & Finance Foundation" href="https://www.leasefoundation.org" target="_blank">Equipment Leasing & Finance Foundation</a> (the Foundation) released the May 2024 <a title="Monthly Confidence Index for the Equipment Finance Industry" href="https://www.leasefoundation.org/industry-resources/monthly-confidence-index/" target="_blank">Monthly Confidence Index for the Equipment Finance Industry</a> (MCI-EFI). The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as r ..read more
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Alliance Funding Group Strengthens Technology Finance Division with Key Leadership Appointments
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4d ago
<p><a title="Alliance Funding Group " href="https://afg.com/" target="_blank">Alliance Funding Group </a>(AFG), a provider of customized equipment financing solutions since 1998, announced significant appointments within its Technology Finance division. Adam Doyle joins as Senior Vice President, Head of Technology Finance, and Eric DeHart assumes the role of Market Director, Technology Finance. Together, they bring over 40 years of combined experience in equipment leasing, sales, and strategic financial services.<br /><br /><strong>Adam Doyle: A Multifaceted ..read more
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Solifi Launches New ESG SaaS Offering for Automotive Finance
Equipment Finance Advisor
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4d ago
<p><a title="Solifi" href="http://www.solifi.com" target="_blank">Solifi</a>, a global fintech software partner for secured finance, announced the launch of ESG Portfolio Strategist, as the latest innovative application in its product suite. <br /><br />Enabling automotive finance businesses to operationalize ESG strategy within their existing leasing workflow, ESG Portfolio Strategist enables ESG compliance and strategy execution, and can support them in tracking, monitoring, and proactively advising clients on their ESG portfolio analytics. It is a cloud-native ..read more
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Wingspire Equipment Finance Appoints Rabinowitz as Managing Director of Credit
Equipment Finance Advisor
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4d ago
<p><a title="Wingspire Equipment Finance" href="https://ef.wingspirecapital.com/" target="_blank">Wingspire Equipment Finance</a> announced the appointment of Michael Rabinowitz as the new Managing Director of Credit. With over 28 years of extensive experience in equipment leasing and finance, Rabinowitz brings a wealth of knowledge and expertise to his role at the company.<br /><br />Rabinowitz has held key leadership positions with prominent equipment finance companies and banks throughout his career, honing his skills in new business underwriting, portfolio man ..read more
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