Are your appraisals able to withstand the probe of audits, credit and risk management reviews, or litigation? To find the answer, ask the following questions: Do the appraisals adequately convey the methods used, data analyzed and value appraised? Does the... read more
This has been a good year for Ascentium Capital. It was ranked the third-largest equipment finance company in the 2016 Monitor Top Private Independents ranking and celebrated its five-year anniversary later in the summer. Stable growth led Ascentium to those... read more
At this time last year, it was pretty clear U.S. commercial truck chassis and equipment sales would keep rising through the end of 2015 and into 2016. However, there was some debate surrounding the anticipated growth rate. After commercial truck... read more
No one likes spending time in the hospital. Privacy is nil, the beds are uncomfortable and the experience often includes being hooked up to what looks like a server rack full of monitoring equipment — a heart rate monitor to... read more
The last calendar year has been marked by turbulence. From the gutter war of a Presidential election to Brexit to the continued downturn in the energy sector, there has not been much stable ground to be found. Even above the... read more
One important economic factor to consider with any equipment lease is how the transaction will be reported for income tax purposes. This determination is made based on the terms of the lease agreement, and has a large impact on the... read more
Active members of the equipment leasing and finance industry are often familiar with the super-priority rule contained in Article 9 of the UCC. Under certain circumstances, this rule allows a party that takes possession of chattel paper in connection with... read more
General George S. Patton once said, “Accept the challenges so that you may feel the exhilaration of victory.” Well, I hope to be victorious in my latest challenge because it is one heck of a doozie! It is mid-August as... read more
I recently met a sales rep (let’s call him Dario) who believed his company’s rates were too high. Every time he got an application, he would encounter some type of rate objection. He would end up discounting the deal, or... read more
Even though it may seem like working with a competitor, equipment financing companies and banks can find mutual benefits from a bank referral program.
Patrick Gaskins of AmeriQuest Transportation Services outlines what’s at stake for the transportation industry, the Highway Trust Fund and the nation’s infrastructure in the upcoming elections.