Equipment Financing Company Beacon Funding to Hire Two Sales Professionals Beacon Funding Corporation has launched a national search to find strong sales personalities capable of new business development in the equipment financing and leasing marketplace. Specifically, Beacon is looking for business development consultants to manage and develop relationships with tow, boom and work truck manufacturers & dealers in the western United States.
In the past decade, Beaco ... read more>> |
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Ecologic Leasing Services Launches Two Subsidiaries Ecologic Leasing Services, a global provider of outsourcing, software, and capital sourcing services to both equipment lessees and vendor captive lessors, today announced the launch of two subsidiaries, Ecologic Lessee Services and Ecologic Vendor Services.
"For the last 11 years, Ecologic has served both lessee clients and captive vendor lessor clients through one company, one management team, a ... read more>> |
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EBRD Loan Supports John Deere Leasing in Russia The European Bank for Reconstruction and Development (EBRD) has agreed to provide Deere & Co, one of the world's leading manufacturers of agricultural equipment, with funding to help set up a new leasing company in Russia.
Under the terms of the agreement, signed at the EBRD's annual meeting in Astana, the EBRD will provide a loan of up to Rb4.7 billion (Eu114 million).
The five-year loan repres ... read more>> |
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Cutting Edge Makino, the global machine tool company, has linked the capabilities of a new series of machining centers with an advanced technology for cutting titanium, the expensive, lightweight and durable metal that coexists easily with composites.
In a recent demonstration, company officials exhibited an edge frame for a Boeing 787 that was produced by a five-axis T4 horizontal machine center in 11.1 hr. ... read more>> |
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Boart Longyear Launches Drilling Equipment Financing Group Boart Longyear Limited (www.boartlongyear.com) (ASX: BLY) announces a new business division, Boart Longyear Financial Services (BLFS) group. Through a partnership with Ecologic Leasing Services, BLFS now offers customers competitive financing solutions for Boart Longyear mineral exploration drilling equipment. All Boart Longyear drilling capital equipment technologies are included in the new progr ... read more>> |
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Air Berlin Sells $700 Million Portfolio to ICBC Leasing The package of 18 new and used aircraft partially closed in September 2010, with the remaining aircraft expected to deliver by 2012
Air Berlin has agreed to sell 18 new and used aircraft to ICBC Leasing, the Chinese lessor which is 100% owned by Industrial and Commercial Bank of China. The deal is worth approximately $700 million.
The portfolio to be sold includes 12 new and six used aircraft r ... read more>> |
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Ag Equipment Leasing LAST YEAR was a better year for equipment leasing compared to the prior two years. A recent survey of business activity by the Equipment Leasing and Finance Association (ELFA) shows that the equipment finance industry regained some volume in 2010 after losing business volume in 2008 and 2009. Agriculture was among the industries posting the biggest gains.
The 2011 Survey of Equipment Finance Acti ... read more>> |
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