2024 Monitor 100 - Monitordaily
The 2024 Monitor 100 issue features our annual ranking of the top equipment finance companies in the U.S. Nearly 60% of U.S. bank affiliates reduced their new business volume in 2023 marking the end of an equipment finance era.
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5 days ago · Federal Reserve Signals Fewer Rate Cuts Amid Persistent Inflation Concerns. By Rita Garwood. DEC 20, 2024 - 5:45 am. The Federal Reserve announced a modest rate cut but signaled a more cautious approach to future reductions, projecting only two cuts in 2025 instead of the four previously anticipated.
Monitor’s Converge Goes Virtual in 2025 - Monitordaily
Oct 24, 2024 · In 2025, Monitor is introducing Converge: The Virtual Experience. Get ready to experience an interactive, virtual collaboration space where industry players are grouped together and given the “white board” assignment of outlining the future of equipment finance, covering pertinent topics such as:
2024 Trucks & Trailers Market Update - Monitordaily
2024 was marked by a number of trends that Ken Martin, managing director of First Citizens Bank Equipment Finance, believes will influence the future of trucks and trailers.
Equify Financial Welcomes Worman as SVP, Structured Finance
Oct 10, 2024 · Equify Financial, a provider of equipment financing and asset-based lending solutions since 2011, appointed Matt Worman as senior vice president, structured finance.In this role, Worman will lead efforts to expand the company’s structured finance capabilities and drive growth through large-scale financial transactions.
The 2024 Monitor 101+ Issue - Monitordaily
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 dropping by 40.2 percentage points....
ISM: Services Sector Economic Activity Continues to Expand
Nov 6, 2024 · Economic activity in the services sector expanded for the fourth consecutive month in October, according to the Institute for Supply Management (ISM) services Report On Business. The services PMI registered 56%, which is the highest reading since July 2022 and indicates sector expansion for the 50th time in 53 months.
2024 Monitor Top Women in Equipment Finance: Brittany Ogden, …
Oct 28, 2024 · Brittany Ogden Partner and Attorney Quarles & Brady. Brittany Ogden has established herself as a notable leader in the equipment finance industry, combining a strong background in litigation with an enduring commitment to fostering relationships and contributing to the industry’s growth. Early in her career, Ogden was introduced to the Equipment Leasing Association (now known as the ...
MMP Capital Appoints Gaspar as New Chief Financial Officer
Nov 20, 2024 · MMP Capital, an independent equipment finance company, appointed Michael Gaspar as its new chief financial officer (CFO), effective immediately.Gaspar brings a specialized skill set in finance, accounting and operations, making him a …
Epiq: Commercial Chapter 11 Filings Increase 33% Year to Date
Oct 4, 2024 · The 6,067 total commercial chapter 11 bankruptcies filed during the first nine months of 2024 represented a 36% increase over the 4,561 filed during the same period in 2023, according to Epiq AACER, a provider of U.S. bankruptcy filing data. “As we close out the third quarter in 2024, we continue to see a steady increase in both individual and commercial filings this year to date.