Crossroads Equipment Lease and Finance, an industry-leading provider of financing and insurance solutions tailored for commercial transportation, is delighted to announce a new partnership with TruckTractorTrail.com (TTT), an online marketplace designed to connect buyers and sellers of commercial transportation equipment.
Crossroads Equipment Lease and Finance is excited to announce Goutham Balaraman as its new Chief Technology Officer (CTO). This strategic hire reflects Crossroads' commitment to advance its digital and technological capabilities in the equipment finance sector.
The Heavy-Duty Vehicle Air Quality Loan Program (more commonly known as “Truck Loan Assistance”) came to an end July 31 of this year, leaving small fleets without state assistance for the financing of internal combustion engine (ICE) trucks. But CARB’s efforts to reduce emissions in California continue.
Crossroads Equipment Lease and Finance, a leading provider of transportation financing solutions, is thrilled to announce the opening of a new office facility in Irving, Texas. This latest development is part of Crossroads' strategic growth plan, aiming to strengthen its position in the trucking industry and extend its national footprint.
Crossroads Equipment Lease and Finance is pleased to announce and welcome Chief Financial Officer Andrew Walsh to its leadership team.
Crossroads Equipment Lease and Finance, a national equipment lender focused on commercial transportation, has appointed Brent Russell to its leadership team as Senior Vice President.
Crossroads Equipment Lease and Finance, a national lender focused on commercial transportation, has earned a spot in Monitor’s Top 30 Independents, ranking 18th among the best performing independent equipment lenders in the United States.
Crossroads Equipment Lease and Finance, LLC recently priced its US$161MM ABS backed by commercial truck loans to substantial demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment securitization on December 21, 2022 through Crossroads Asset Trust 2022-A.
Missy Gomez, Regional Sales Manager at Crossroads, has been named one of Monitor’s Top Women in Equipment Finance. Monitor (www.monitordaily.com) is the leading source for equipment finance and equipment leasing industry news, articles and opinions.
Crossroads Equipment Lease and Finance, a national independent lender focused on commercial transportation, climbed the 2022 Monitor 100 list to rank 69th among the largest equipment finance and leasing companies in the United States.
Crossroads Equipment Lease and Finance is excited to share that its Director of Syndication Michael Peterson recently passed the CLFP exam, given by the Certified Lease & Finance Professional (CLFP) Foundation.
Crossroads Equipment Lease and Finance is pleased to announce that Lorraine Reynoso has been named one of Women In Trucking’s 2022 Top Women to Watch in Transportation.
Crossroads Equipment Lease and Finance is excited to share that four of its staff members recently passed the CLFP exam, given by the Certified Lease & Finance Professional (CLFP) Foundation.
Velocity Truck Centers (VTC) is pleased to announce that the company has expanded further into the Southeast with the acquisition of Triple-T Truck Centers.
Suzann Fakhoury, Vice President of Operations at Crossroads, has been named one of Monitor’s Top Women in Equipment Finance. Monitor (www.monitordaily.com) is the leading source for equipment finance and equipment leasing industry news, articles and opinions.
Crossroads Equipment Lease and Finance is pleased to announce and welcome Mike Cohen as its new Chief Risk Officer, effective immediately. Mike has over 30 years’ experience in equipment finance, including risk and leadership roles with some of the biggest lenders in the industry.
Crossroads Equipment Lease and Finance is an industry leader in programs designed to replace older on road commercial equipment with cleaner, lower emissions vehicles. For Earth Day this year, Freightliner’s new eCascadia made an appearance at our headquarters in Rancho Cucamonga for a preview of the zero emissions future of commercial transportation.
Velocity Vehicle Group (VVG) is pleased to announce that the company has acquired Great West Truck Center in Kingman, Arizona. This will extend VVG’s reach to the intersection of interstates 40 and 93, positioned midway between VVG’s other locations in Flagstaff, Hesperia and Las Vegas, giving seamless service to VVG’s customers in the Southwest.
Velocity Truck Centers (VTC), the leading group of commercial vehicle dealerships in the Southwest, is pleased to announce that the company has expanded into the Southeast with the acquisition of Neely Coble Company, Inc. This acquisition extends VTC’s reach from California, Arizona, Hawaii and Nevada into central Tennessee, northern Alabama and southern Kentucky. Neely Coble’s primary locations sell and service the Freightliner, Western Star and Isuzu brands from locations in the Nashville, TN, Huntsville/Decatur AL, and Bowling Green KY metropolitan areas.
Crossroads Equipment Lease and Finance, LLC recently priced its US$163MM ABS debut backed by commercial truck loans to solid demand, reducing its cost of borrowing and enabling expanded funding options. Crossroads closed the equipment securitization on February 3, 2021 through Crossroads Asset Trust 2021-A.