Finance Confidence Hits 3-year High

Construction Equipment

The March 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) is 67.7, MCI-EFI is published by the Equipment Leasing & Finance Foundation and serves as an assessment of both the

Covid Hammers Finance Outlook

Construction Equipment

Some 93 percent of equipment finance executives report offering payment deferrals to customers, according to the Equipment Leasing & Finance Foundation’s Covid-19 Impact Survey of the Equipment Finance Industry, conducted May 4-8.

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Financing Confidence Up in December

Construction Equipment

An index measuring confidence among executives in the equipment leasing and financing industry inched up in December, advancing to 59.7 The December 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) is published by the Equipment Leasing & Finance

Rural Infrastructure Financing

Constructech

Big cities have tax revenue to help finance needed infrastructure repairs, upgrades, and new construction. The post Rural Infrastructure Financing appeared first on Constructech.

Coronavirus Forcing Financing Deferrals: Survey

Construction Equipment

Nine of 10 equipment finance companies have offered payment deferrals, according the “Covid-19 Impact Survey of the Equipment Finance Industry” just completed by The Equipment Leasing & Finance Foundation.

Equipment Finance Group Reports Boost in Construction Equipment Financing

Construction Equipment

The Equipment Leasing and Finance Association (ELFA) has released its 2019 Survey of Equipment Finance Activity reporting overall new business volume grew 4.4 percent in the equipment finance industry in 2018. Also in the report, in 2018: Construction equipment represented 13.9 percent of

Leasing, Finance Volume Up in October

Construction Equipment

Overall new business volume for leasing and financing equipment was up in October compared to September, but down for the year compared to 2019, according to the Monthly Leasing and Finance Index (MLFI-25).

Miller Formless Hires VP of Finance, Admin

Construction Equipment

Miller Formless has hired Jeff Duchrow as its vice president of finance and administration. Duchrow will utilize his 15+ years of expertise in corporate finance to oversee the company’s accounting, finance, and administrative functions.

HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. With the guidance, PACE financing, where payments for energy efficiency, water conservation and renewable energy improvements to real estate are made through a building owner’s property tax bill without upfront cash from the owner could be bigger than anything in U.S.

Leasing Business Falls 33%: Finance Group

Construction Equipment

billion in December, according to a measure of economic activity from 25 companies in the equipment finance sector. The Monthly Leasing and Finance Index uses Overall new business volume for January was $8.1 billion, a 33 percent drop from $12.1

Equipment Finance Confidence Up in February

Construction Equipment

Confidence among leasing and finance companies increased in February, according to the Equipment Leasing & Finance Foundation. Its Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) was 64.4,

Equipment Finance Confidence Unchanged from Dec.

Construction Equipment

The Equipment Leasing & Finance Foundation releases the January 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today.

Casablanca Finance City Tower becomes Morphosis’ first project in Africa

BD+C

The 25-story Casablanca Finance City Tower has become the first project to be completed in the newly-established Casablanca Finance City, a new business district being developed in Morocco's Anfa District.

Six tips for navigating the equipment financing process

Construction Dive

Funding heavy-equipment acquisitions through specialized asset-backed financing allows you to purchase more and better equipment

Finance Industry Grows for 10th Year; Then Covid

Construction Equipment

The Equipment Leasing and Finance Association, while recognizing the recent effects of the coronavirus pandemic, reported growth in new business for 2019 of 10.5 percent, the 10th consecutive year that “businesses increased their spending on capital equipment,” it said. The data, part of ELFA’s

ELFF Finance Index Stays Steady in February

Construction Equipment

Confidence in the equipment finance market remains steady in February, according to the index provider, the Equipment Leasing & Finance Foundation (ELFF). The Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) was 58.7

Financing Optimism

Construction Business Owner

The construction industry was undoubtedly one of the hardest-hit segments during the Great Recession, due in part to years of minimal new construction projects, a drastic halt in the homebuilding industry and a significant hit to the unemployment rate. Additionally, construction was also an industry that suffered from a very slow recovery following the recession, with many only beginning to be optimistic of the industry's standing and direction within the past 1 to 2 years

ELFA Index Shows Increase in Capex Financing

Construction Equipment

The volume of financed commercial equipment increased in October, as reflected in the Monthly Leasing and Finance Index (MLFI-25) published by the Equipment Leasing and Finance Association.

Pandemic Finance for Contractors: The Major Issues

ENR Construction

Thinking through the sudden jolt to project halts, finance and law

First-Time Buyers Are Choosing Conventional Over FHA Financing

Pro Builder

First-Time Buyers Are Choosing Conventional Over FHA Financing. Just 24% of first-time buyers went with an FHA loan in January while 59% of first-time buyers obtained conventional financing, reports the National Association of Realtors. Financing. Financing

Financing Confidence Drops

Construction Equipment

Confidence in the equipment-finance market dropped slightly in July, according to the Equipment Leasing & Finance Foundation (the Foundation). Its July 2018 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) was 62.8 in July, easing from the June index of 66.2.

No Payments, No Interest Finance Offer for Deere Compacts

Construction Equipment

John Deere is offering “No Payments, No Interest” financing for its line of compact construction equipment. Through the offer, which started October 1, customers can defer payments for up to 90 days on new John Deere skid steers, compact excavators, compact wheel loaders, and CTL purchases.

New Finance VP at Uponor

Contractor Magazine

Reutter served as the vice president of Finance for Ecolab’s Global Healthcare business, leading a team throughout U.S. and Europe

Technology and Construction Finance Pros

Contractor Magazine

CFOs should partner with their IT teams to modernize their back-office systems, and prepare to handle a flood of data from the field as paper processes become digital

Finance Confidence Index Higher in August

Construction Equipment

The Equipment Leasing & Finance Foundation (the Foundation) released the August 2017 Mon

Equipment Finance Market Softens: EFLA

Construction Equipment

Confidence in the equipment finance market eased this month, according to the Equipment Leasing & Finance Foundation October 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $903 billion equipment finance sector.

Finance for Landscaping Business Owners of all Sizes, Part 1

Green Industry Professionals

The first piece of the finance puzzle starts with understanding the mechanics of money

Equipment Leasing and Finance Industry Confidence Increases in August

Construction Equipment

The Equipment Leasing & Finance Foundation reported that confidence in the equipment finance market was at 58.9, an increase from the July index of 57.9. When asked to assess their business conditions over the next four months, 16.7 percent of executives responding said they believe business

HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018

Viewpoint Construction Technology

HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018. This is your opportunity to maximize the value of your Viewpoint software for your role in HR, finance or accounting with 76 sessions, along with labs and additional training opportunities specifically created for HR and accounting professionals. Not a HR, finance or accounting professional?

D.O.E. Updates Better Buildings Financing Navigator

Contractor Magazine

DOE has recently updated an online tool that easily connects users to proven approaches and professional connections for financing renewable energy projects

Wicked Solutions - Procurement and Finances

Collaborative Construction

Public private partnerships (P3s) and public projects involving public bonds as all or a portion of the financing mechanism represent two novel and complex funding mechanisms that need more attention in the future. The Wicked Series in AUGIWorld Magazine continues in March and April with articles addressing IPD Procurement Programs and Wicked Financial Solutions. The procurement article will appear in the March issue and the financial solutions article will appear in the April issue.

Construction Equipment Finance Activity Increases

Construction Equipment

According to the Equipment Leasing and Finance Association’s (ELFA) 2018 Survey of Equipment Finance Activity, construction equipment Leasing activity for construction equipment acquisitions increased in 2017 as a portion of all leasing, according to a newly released study of the industry.

Equipment Finance Industry Grows 7%, ELFA Reports

Construction Equipment

The Equipment Leasing and Finance Association (ELFA) released its 2015 Survey of Equipment Finance Activity (SEFA) reporting new business volume grew 6.7 percent in the equipment finance industry in 2014. Of industry new business volume in 2014

Confidence in Equipment Finance Down in April

Construction Equipment

The Equipment Leasing & Finance Foundation (ELFF) reported that confidence in the equipment finance market decreased in April to 58.3, down from 60.4 in March. When asked to assess business conditions over the next four months, 13.3 percent of executives responding said they believe conditions

DOE releases Better Buildings Healthcare Financing Primer

BD+C

Department of Energy recently released a new Better Buildings Initiative resource, the Healthcare Financing Primer. The U.S. The purpose of the resource is to help organizations take advantage of financial strategies to implement energy-efficiency projects in the healthcare sector. It explains how the healthcare sector’s energy-intensive buildings can overcome common financial barriers to successfully administer efficiency projects

Find Equipment Financing That Fits

Construction Business Owner

This article discusses ways to identify and overcome each pain point for an easier equipment financing process—?no When it comes to buying equipment for your construction company, there are several steps in the process. With these steps come pain points. no matter how large or small the purchase. Get Started. The initial paint point is getting started. Where do you begin the journey, especially if you’re in a rush?

SBA 504 Provides Easy Financing for Small Business Growth in Michigan

Wolgast Corporation

Small business advantages: • Lower down payment: Borrow up to 90% of your financing needs, saving your money for working capital • Longer repayment terms: Real estate can be fi­nanced for 20 year term • Low, fixed interest rates for the life of the SBA loan. It’s not unusual that I encounter potential clients who are expanding and need new space to accommodate their growth, but aren’t able to expend their capital for the down payment on a typical bank loan.

Top 5 Equipment Financing Problems

Construction Business Owner

For contractors, financing is a key step to securing the equipment needed to keep their businesses running. In spite of this, for those looking to finance equipment, the process can often be difficult and confusing As we finally begin moving past the recession, many companies are starting to see business growth in certain areas of the country, increasing workloads and the need to purchase additional equipment.

Data center provider Aligned links new financing to sustainability performance

BD+C

The Dallas-based data center provider Aligned recently completed a $1 billion senior secured credit facility that it claims is one of the largest private debt raises in this sector’s history, and the first of its kind that links financing to sustainability.

Debt 52

ELFA Monthly Leasing and Finance Index: September Up 12%

Construction Equipment

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), w