2016 August GE Capital, Boston, Ma. (08/16) General Electric moves 200 to 300 temporary headquarters in Boston, building a 12 – story glass building for new HQ. Bancorp Equipment Finance, Hattiesburg, Mississippi (08/16) Kyle W. Gilliam, CLFP, Past President of the National Equipment Finance Association, and Co-Founder/President/CEO Arvest Equipment Finance, was appointed President: National Funding, San Diego, CA (08/16) Announces deployed $1.5 Marlin Leasing, Mt. Laurel, New Jersey (08/16) New President/CEO
July Balboa Capital, Irvine, CA (07/16) Tagged for Quarterly Payment Scam Ascentium Capital, Kingwood, Texas (07/16) Strong 2nd Quarter, $225.4 million during 2Q16 which includes a record month in June with origination volume representing 30% growth over the same period last year. Currency Capital, Los Angeles, CA (07/16) IMCA Capital changes name and operation to "Currency Capital," joins Aggregate Funding Source group:
June Northern Leasing Systems, New York City (06/16) Cleared for Class Action Lawsuit Axis Capital, Grand Island, Nebraska (06/16) Subject to Possible Receivership Ascentium Capital, Kingwood, Texas (06/16) Reaches out for growth, hires Goldman First American Equipment Finance, Fairport, NY (06/16) Now has 55 CLFPS, the company with the most in the industry. North Mill Equipment Finance, Norwalk, CT (06/16) Completes its Second Securitization for $111.15 Million Pawnee Leasing Corp., Fort Collins, CO (06/16) Moves to new, larger facility LEAF Financial, Philadelphia, PA (06/16) Announces securitization of $350 million of leasing assets
May LEAF Financial, Philadelphia, PA (05/16) Acquired by C-III Capital Partners, But Group Claims Price “is significantly lower than estimated” Lending Club, San Francisco, CA (05/16) Faces Another Subpoena, This Time Its NY Regulators Platinum Rapid Funding Group, Uniondale, NY (05/16) Terms & Conditions for 15,000 Member Asian American Hotel Association Ascentium Capital, Kingwood, Texas (05/16) Reaches $1 Billion http://leasingnews.org/archives/May2016/05_06.htm#marlin
April Cobra Capital, Darien, IL (04/16) Providence Capital assumed GE Capital, Conn. (04/16) Mere days from 'exiting' U.S. banking system; Selling online deposit platform to Goldman Sachs; continues plan to move HQ to Boston, MA. American Leasing & Finance, Portland, Oregon (04/16) Derek Anniston, VP Operation, purchases company, becomes president. Company doing $100 million year in annual funding. MB Equipment Finance, Chicago, IL (04/16) Announces significant
March Integrity Financial Groups, Utah (02/16) Alert: Dallin Hawkins National Funding, San Diego, California (03/16) Bob Sweeney Wins CFO of the Year Award Balboa Capital, Irvine, California (03/16) Balboa Capital Tagged for Bait and Switch on Lease Payoff Quote Axis Capital, Grand Island, Nebraska (02/16) Problems Continue
February Element Financial, Toronto, Canada (02/16) To Split into 2 listed Quick Bridge Funding, Irvine, California (02/16) Wines 2016 January On Deck, New York, New York (01/16) OnDeck Crashes as Online Lending Sector Struggles Seeking Alpha Report DLL, formerly known as De Lage Landen Financial Services, Wayne, Pennsylvania (01/16) DLL Leasing Sale/Could be Concluded After 6/16 Rabobank Said to Hold Talks for $4.9 Billion ACC Capital/ formerly Amembal Capital (01/16) ACC Capital's Residual Claim in Alabama Thrown Out of Court for Bait and Switch Ascentium Capital, Kingwood, Texas (01/16) Achieves 56% Increase Funded Volume Axis Capital, Grand Island, Nebraska (01/16) AXIS Capital Board of Directors Announces Marlin Leasing, Mount Laurel, NJ (01/16) Marlin Business Services Is a Buyout Target
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