Key Equipment Finance has provided a $3 million solar tax lease for The Monroe Cable Company’s 1-megawatt solar installation by OnForce Solar. Monroe Cable, based in the Town of Wallkill, N.Y., is a manufacturer of quality cable, as well as a leading provider of shipboard electrical wire and cable for the U.S. Navy. OnForce Solar, based in the Bronx, N.Y., is a vertically integrated, turnkey solar provider that owns and installs solar photovoltaic energy systems for residential, commercial and utility scale projects.Read More »
Employees of Key Equipment Finance have attraced more notice this summer for a variety of smart commuting activities and accomplishments.Read More »
Confidence in the equpiment leasing and financing industry is up in August over the previous month to 54.8 from 52.5, according to the Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).Read More »
With interest rates threatening to rise, now is an opportune time for hospitals to acquire new equipment to stay competitive while improving patient outcomes.Read More »
A recent article by Key Equipment Finance's Amy Gross explains three main factors driving both the opportunities and challenges associated with state and local government finance.
In her article for Newsline, a publication of the National Equipment Finance Association, Gross describes how the industry is facing a crumbling infrastructure and shift toward smart cities; the increasing use of technology and demand for financing managed services; and an aging population.
"There is ample opportunity for lessors that are adept at navigating the complicated and multi-faceted government finance landscape," Gross says. "At the same time, adapting to the evolving financing needs of tax-exempt clients will require new solutions delivered in new ways; and in some cases a cultural shift that must come from the top down."
At the same time, lessors are facing increased regulatory scrutiny and fierce competition, especially on pricing, when it comes to working with state and local entities. The state and municipal finance market is a mature one, with more and more banks entering the market and adding tax-exempt financing services.
Check out the full article here:
Two Key Equipment Finance business units teamed up recently for the first ever Federal Investor Day, an educational and networking event on the new market opportunity in the federal space.Read More »
Amy M. Gross has been named senior vice president of Key Government Finance. In this role, Gross will be responsible for the financial and strategic sales efforts of the municipal and federal divisions of Key Government Finance, including overseeing government growth with the company’s manufacturer and vendor alliances programs across the information technology, health care, transportation, industrial, water and energy sectors. She will also partner with business leaders throughout Key’s community and corporate bank to ensure seamless delivery of tax-exempt finance products to public sector, not-for-profit, manufacturing and Native American entities.Read More »
Sarah Palmer has been promoted to underwriting executive. In this role, Palmer will be responsible for underwriting and risk management activities, including oversight of underwriting for specialty finance, scored transactions and bank channel origination activities.Read More »