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In the Marketplace

BY ALM Staff
October 02, 2014

BMO Harris Equipment Finance Company of Milwaukee, WI, has expanded its business into Nebraska, Iowa and North and South Dakota, complementing its existing commercial operations in Omaha, NE. The effort will be led by Brad Hansen, senior vice president, who brings experience in large corporate, rail, agribusiness, marine, aviation, manufacturing and general transportation finance transactions. The move comes two years after BMO Harris Bank opened its first commercial banking operation in Omaha, led by Kevin Munro. Munro and his team are focused on mid-market and mid-corporate companies in Nebraska, Colorado, the Dakotas and Iowa.

King Commercial Finance of St. Louis has changed its name to Commercial Industrial Finance and established a new Web address, www.cifinance.com. The company will continue to be lead by CEO Bob Rinaldi and president Scott Hawkins. Rinaldi, who joined the company in January, is chairman elect of the Equipment Leasing and Finance Association board of directors. Commercial Industrial Finance develops sales-aid finance programs for manufacturers, vendors and distributors of capital equipment and energy-efficiency programs tailored for light to heavy industrial segments.

An event celebrating the life of Mike Fleming will be held on Fri, Oct. 24 at 1 p.m. at Naples United Church of Christ, 5200 Crayton Rd., Naples, FL 34103. A reception will be held afterward at the Royal Poinciana Golf Club, 1600 Solana Rd., Naples, FL 34105. Fleming served as president of the Equipment Leasing and Finance Association from 1979, when he established the association's headquarters in Washington, DC, until his retirement in 2006. During his tenure, the equipment finance industry grew from a fledgling industry to a major force in the U.S. economy, and Fleming transformed the association into the leading professional trade association representing the U.S. equipment finance sector. Most recently, he served as senior managing director of client relations for The Alta Group.

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