Articles

A New Equipment Finance Offering for CIBC Customers: Q&A with Matthew Green

Monitor sits down with Matthew Green, who was hired by CIBC to design and deploy an equipment finance group within the U.S. commercial banking group. Learn about Green, what’s on the horizon for the new team and more. ... read more

Remarketing: Ensuring Your Equipment Cannot Be Seized by Creditors

Remarketing equipment with an agent occurs frequently in the equipment finance industry, but it comes with legal risk. Scott Chait, Shari Bacsardi and Dillon Redding discuss the risks and benefits of successful equipment remarketing that is UCC compliant. ... read more

Comeback Kids: Monitor’s Top Private Independents Achieve Record Growth in 2021

Following incredible turbulence in 2020, 2021 proved to be a bounce-back year for Monitor’s Top Private Independents, as the group logged a record for the annual ranking with 35.6% year-over-year growth in new business volume. The upper echelon was made up of some familiar names, including returning contender Amur Equipment Finance, while Onset Financial ascended to the rarefied air of the top five. ... read more

AACFB Welcomes Back In-Person Attendees to Annual Conference

The American Association of Commercial Finance Brokers held its first in-person event in two years this past September, hosting its 2021 Annual Conference in Nashville, TN. The event, which featured options for in-person and virtual attendees, provided networking opportunities and education for first-timers, veterans and everyone in between. ... read more

Building a Global Brand on a Solid Foundation: Stephenson Sets Out to Create the Most Efficient Digital Vendor Finance Company

For the first time in 35 years, Bill Stephenson has a new employer, HPS Global Leasing. In this Monitor exclusive, he discusses this unique opportunity and shares his plans to build the most efficient, digital cloud-based vendor finance company with a rapidly expanding global footprint. ... read more

Leading Forward: ELFA Makes Up for Lost Time at 2021 Convention

In its first in-person event since the beginning of the COVID-19 pandemic, the Equipment Leasing and Finance Association dove into the industry’s future with discussions on leadership, servitization, regulations, capital markets, artificial intelligence, fleet modernization, diversity, equity and inclusion, the circular economy and more.... read more

Hammering the Glass Ceiling: Women Must Advocate for Each Other to Make Permanent Change

The dearth of women in top leadership positions continues to exist in most companies. Two powerful women in equipment finance — Eileen Schoonmaker and Michelle Speranza — discuss how women can advocate for themselves and each other and how companies can change their practices to provide more women with the opportunity to ascend the corporate ladder. ... read more

Chain Reactions: Managing Assets in an Inflated Marketplace

Months of supply chain disruptions and rising prices have made asset management more challenging than ever in 2021. Carl Chrappa of The Alta Group provides an overview of the effects of these issues on different equipment types and gives advice on how to prepare for the opportunities that will develop in the next few years. ... read more

Neurodivergent Talent and Improving the Work Experience for All

As where and how we work continue to evolve, it is important to consider all perspectives when choosing the right approach. Ludmila N. Praslova discusses different types of hybrid working models and explains how job-crafting to employee strengths can help ensure equal footing for neurodivergent talent. ... read more

Coming Home: NEFA’s 2021 Funding Symposium ‘Reimagines Everything’

The National Equipment Finance Association’s 2021 Funding Symposium, built on a theme of reimagination, was the association’s first in-person conference since the beginning of the COVID-19 pandemic, providing networking, education and more. ... read more

Employer Branding: A Tool for More Inclusive Hiring

Companies need to reassess and improve the experiences they create for job seekers to attract, retain and support a more diverse pool of talent. ... read more

Remote Inclusion: Providing Support and Opportunity to Employees Working from Home

Work-from-home models aren’t going away anytime soon, so even as more companies begin to bring employees back into the office, it is important to focus on keeping remote employees engaged and supported. ... read more

The COVID-19 Pandemic’s Impact on Women of Color

The COVID-19 pandemic led 2.3 million women to leave the workforce and drastically amplified social inequalities, especially for women of color. Emani Davis discusses how employers can create a culture that supports women and families and allows women of color to feel safe bringing their whole selves to work. ... read more

Bank-Owned Equipment Finance Traverses Challenges of 2021, Preps for ‘Robust’ 2022

Ellen Comeaux of TIAA Bank, Chris Craft of 1st Source Bank, David A. Normandin of Wintrust Specialty Finance and John Wolfe of M&T Bank sifted through the challenges and opportunities of 2021 to provide the bank perspective on the equipment finance industry. ... read more

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Terry Mulreany
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