First National Capital Commemorates Memorial Day Supporting Two Worthy Causes
This Memorial Day, our team wishes you relaxation and time with loved ones, but also that you do not forget the price paid by those brave men and women who gave the full measure of sacrifice so we can live freely and enjoy those freedoms. First National Capital is proud to financially support The Wounded […]
Executive Summary: March 2024 Equipment Market Trends Analysis
This executive summary provides an overview of the key findings from various market reports in March 2024 across the truck/trailer, construction, and agricultural equipment sectors in the United States and Canada as provided by Sandhills Publishing. Truck/Trailer Market: S. Used Heavy-Duty Trucks: Inventory increased by 7.19% M/M and 14.38% YOY, with asking and auction values […]
Bad Things Banks Do: 3 Recent Quotes From Business Leaders
“I always love my bank relationship review. It’s where they tell me what I’m doing wrong and what they can’t do to help while pushing only what they want to sell me. I’d rather talk to my ex-wife about carpet samples.” -CEO, $1B Metals Company For one top 5 bank website, the word relationship is […]
Regional Bank Health Update
With First Republic seized by regulators, @apolloglobal CEO Marc Rowan tells @davidfaber that he expects more bank failures. https://vimeo.com/822695422?share=copy Now is the time to diversify sources of capital. I’d like to invite you to discover what this can look like for your project finance, term debt and capex funding needs. First National Capital has been a highly competitive […]
Credit Tightening: 4 Charts
You may not feel it, but tighter lending standards are coming. Are you ready?
Fed, Apollo and BofA: Eight Charts Showing What’s Next.
Last week, Apollo Global Management’s Torsten Slok mentioned that the events of the last two weeks will lead to tighter financial and lending conditions equivalent to a 1.5% Fed Funds rate hike. This, of course, on top of the fastest move in rate hikes—ever—with more likely to come in an attempt to curb inflation. Actions […]
The Impact of Capital Spending on Employment
A new paper by experts at Wharton and elsewhere has set to rest “widespread concerns” that increased capital investment in equipment is at the cost of worker employment. In the study of tax incentives that boost capital investment in equipment at U.S. firms between 1997 and 2011, the experts found that such investment resulted in […]
Capital Goods Orders Surging Early This Year
New orders for key U.S.-manufactured capital goods increased by the most in five months in January while shipments of those so-called core goods rebounded, suggesting that business spending on equipment picked up at the start of the first quarter. Some of the larger-than-expected rise in core capital goods orders reported by the Commerce Department on […]
The Fed: Senior Loan Officer Survey
Over the fourth quarter, significant net shares of banks reported having tightened standards on C&I loans to firms of all sizes.3 Banks also reported having tightened all queried terms on C&I loans to firms of all sizes over the fourth quarter.4 Tightening was most widely reported for premiums charged on riskier loans, spreads of loan rates over […]
Are credit markets tightening?
Despite all looking quiet on the fronts of high yield bonds and investment-grade credit, the credit markets are sending warning signals and a few odd disconnects to be aware of Read the full article here Beyond Traditional Lending Case Studies Tombstones Contact Us