TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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May 21, 2024
Source: Tiger Group
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-- $10 million Tiger Group sale features more than 100 fleet-suitable EVs, along with e-motors, battery packs, auto parts and advanced equipment such as dynamometers and laser-cutters |
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LOVELAND, Colorado (5/21/2024)—ATiger Group online auction on May 30 gives fleet operators, repair shops, carmakers and other potential buyers the chance to bid on $10 million in parts, tools, equipment and EVs formerly owned byLightning eMotors. The Loveland-based company converted conventional, fossil fuel-burning vehicles into zero-emission EVs for fleet-operating customers that included municipalities, school systems and medical businesses. Its operations were not continued after it entered receivership and was purchased by a third party. “Lightning eMotors developed an efficient process for adding new drivetrains, electric motors and battery packs to existing chassis,” explainedChad Farrell, Managing Director,Tiger Commercial & Industrial. “Fleet operators can achieve their ESG goals or just run cleaner by acquiring select groupings of assets in this sale. It’s a great opportunity.” The timed, online auction of assets from the 250,000-square-foot Loveland facility closes on Thurs., May 30, at 10 a.m. (MT). Bidding opens Thurs., May 23, 10 a.m. (MT) atSoldTiger.com.All assets will be sold as-is, where-is without representations or warranties. The late-model EVs (2021-2023) include Chevrolet Express 4500 Cutaways; Ford F450 box trucks; Ford F350 transit cargo vans; GMC 4500 box trucks, as well as school and shuttle buses and trailers. Also available are two dynamometers—a still-in-the-crate 2021 MAE Mustang MD-250-HD-AC-200HP 10K EOL chassis dynamometer with pop-up restraints, and a 2021 MAE Mustang advanced engineering 2-wheel drive chassis dynamometer. “We anticipate strong interest in these pieces among automotive dealers and repair shops—any potential buyer with a need to test engines,” Farrell said. Other highlights include…
For asset photos, descriptions, important disclaimers, and other information, visit https://soldtiger.com/sales/zero-emission-vehicle-manufacturer/ Inspections are available on Wed., May 29, from 10 a.m. to 4 p.m. (MT). To arrange an inspection or obtain other information, email: auctions@tigergroup.com or call (805) 497-4999. ####
Media Contacts: At Tiger Group, Maria Hoang, (805) 497-4999mhoang@tigergroup.com. At Jaffe Communications, Elisa Krantz, (908) 789-0700,elisa@jaffecom.com. |
