Warren Capital, Novato, CA (12/14) Colleagues stunned $23 million Ponzi scheme: http://leasingnews.org/archives/Dec2014/12_29.htm#stephens (12/14) Warren Capital accused of $23 million Ponzi Scheme
CIT Group, New York (12/14) CIT Bank/OneWest Bank Merger More Protests:
MicroFinancial/Leasecomm/TimePayment, Burlington MA (12/14) Fortress Buys MicroFinancial for $147 Million http://leasingnews.org/archives/Dec2014/12_17.htm#fortress
Chesswood Group Limited ("Chesswood"), Toronto, Ontario, Canada (12/14) Announces New US$150 Million Corporate Credit Facility
Matrix Business Capital, Long Beach, California (12/14) New Bulletin Board Complaint:
Blue Bridge Financial, LLC, Williamsburg, New York (12/14) Bulletin Board Complaint:
Balboa Capital, Irvine, Ca. Irvine, California (12/14) Sued in Federal Court for Bait and Switch Sales Tactics
Baytree Financial Group, Lake Forest, Il (11/14) Sold to North Community Bank, a subsidiary of Chicago-based Metropolitan Bank Group, Inc.
Direct Capital, Portsmouth, New Hampshire (11/14) Chris Broom, Chairman, Acquires $8 million home in Florida, plus jet.
Warren Capital, Novato, California (11/14) Founder Warren "Clay" Stephens passes away.
Equipment Acquisition Resources, Palatine, IL. (11/14) Lucky Airline Let Off the Hook in EAR Bankruptcy
First American Equipment Finance, Fairport, NY. (11/14)
Ascentium Capital, Kingwood, Texas (11/14) Surpasses $1 Billion in Funded Volume
Direct Capital Corporation, Portsmouth, N.H. Direct Capital Corporation, Portsmouth, N.H. (10/14) Who Will be the New Head of Direct Capital? Changes in the Works
Ascentium Capital, Kingswood, Texas (10/14) It’s Official Office in New Hampshire
CIT Group, New York (10/14) CIT Bank to Merge with OneWest Bank? Will Direct Capital Acquisition Hurt Merger?
De Lage Landen Financial Services, Wayne, Pennsylvania (10/14) De Lage Landen Changes Name and Catch the New Logo
Enverto, Los Angeles, CA (09/14) Enverto Investment Group Closes a $100mm Equipment http://leasingnews.org/archives/Sep2014/9_19.htm#enverto
Ultimate Financing, Grand Island, Nebraska (09/14) Dean Rubin starts new company, a Division of Navitas Lease Corp. http://leasingnews.org/archives/Sep2014/9_12.htm#dean
CapitalRelay, Overland Park, Kansas (08/14) Expands “On Line Third Party Origination, reports: “Current Network Broker Group" to 707,”118 "Current Network Lenders"
Marlin Leasing, Mount Laurel, New Jersey (08/14) Marlin’s lease volume was down at $88,928 for second quarter of 2014, compared to second quarter of $91,448 in 2013 (dollars in thousands.) The number of leases were also down: 6,423 in 2014 compared to 6,931 in 2013.
Platinum Financial, Orange, California (06/14) Bulletin Board Complaint
Balboa Capital, Irvine, Ca. Irvine, California (05/14) Balboa Capital Dismisses Suit Against Regents Capital. Regents Capital Sues Balboa for $36,454 Attorney Fees
Platinum Financial, Orange, California (05/14) Loses case against web site posted by Corinthian. (05/14) Bulletin Board Complaint
Northern Leasing Systems, New York City (05/14) Requirement of $2 million bondhttp://leasingnews.org/archives/May2014/5_14.htm#northernleasing (05/14) Found to Have Diverted Proceeds from Lease Servicing Pool
Direct Capital Corporation, Portsmouth, N.H. (05/14) Reportedly sold to CIT.
Marlin Leasing, Mount Laurel, NJ (05/14) CEO Dyer Blames Severe Winter for Temporary Impact
MicroFinancial/Leasecomm/Timepayment, Burlington, MA (04/14) 2014 1st & 2013 4th Quarter Soft http://leasingnews.org/archives/Apr2014/4_21.htm#micro
Summit Leasing, Inc., Yakima, Washington (04/14) Acquired by Continental Bank, Salt Lake, City.
Marlin Leasing, Mount Laurel, New Jersey (04/14) Getting back into broker business
Ascentium Capital, Kingwood, Texas (04/14) Reports a 35% increase in volume with assets near $500 million for the first quarter of 2014 (an increase of 57%). The company closed a $200 million securitization in March.
Balboa Capital, Irvine, Ca. Irvine, California (03/14) Balboa Capital Papa Murphy’s Bulletin Board Complaint
Renasant Bank, Birmingham, Alabama (03/14) Patricia "Patti" Toro Reid to lead new equipment financing division.
Equipment Acquisition Resources, Palatine, IL. (03/14) US Attorney Indicts EAR President Mark Anstett and Two Others for $100 Million Leasing Fraud
Balboa Capital, Irvine, Ca. Irvine, California (2/14) Balboa Capital Salesmen Start Regents Capital
Marlin Leasing, Mount Laurel, NJ (02/14) Marlin Leasing 4th Quarter Drop/Up Year-end
Chesswood Group Limited ("Chesswood"), Toronto, Ontario, Canada (02/14) purchases all the outstanding shares of Northstar Leasing Corporation, Barrie, Ontario, Canada, small ticket in Canada, adding to Pawnee operation in US
Heritage Pacific Leasing, Fresno, CA (01/14) HL Leasing Investors May Get Money Back!-http://leasingnews.org/archives/Jan2014/1_31.htm#hl
Equipment Acquisition Resources, Palatine, IL. (01/14) Confirmed: Sheldon Player Passed Away Nov. 13, 2013--
Mazuma Capital Corp, Draper, Utah (01/14) Two Evergreen/PRR Clause Lessors Merge Onset Financial/Mazuma Capital-http://leasingnews.org/archives/Jan2014/1_13.htm#merge