2008 July/August Issue

JULY/AUGUST ISSUE 2008
2008 Technology Issue:
Leasing Technology —
Strategies for Growth

2008 MONITOR BANK 50 REPORT

The Digital Edition of the Monitor Bank 50 Report: Coming Soon!

FEATURES

Technology Strategies for Enabling Growth
By Tim Dawson, International Decision Systems
Improving the efficiency and effectiveness of IT poses a significant challenge to any organization, but the benefits justify the necessary investment of time, effort and money. In the final analysis, restructuring IT can be a powerful competitive tool. (Ref # TEC0164)

The Dilemma Surrounding Lease Management Systems
By Shawn Halladay, The Alta Group
Ongoing pressure to cut costs is forcing many companies to delay or downgrade IT strategies. However, increased competition has lessors debating the value of new lease management systems. How can lessors find the right option for them? (Ref # TEC0165)

Tips for Financing Energy Efficiency & Green Projects
By Neil Zobler, Catalyst Financial Group
Even though energy efficient technology is on the tongues of many, it can still be a hard sell. Companies continue to delay their energy improvements because they feel they do not have the funds to upgrade. But there is help out there… (Ref # GLB009)

ConnectionPoint 08: Lessors Gather at IDS’ Annual User Conference
By Michael A. Toglia, Molloy Associates
International Decision Systems (IDS) held its annual user conference, ConnectionPoint 08, this past June. EFLA President Ken Bentsen delivered the keynote address. (Ref # TEC0166)

PROFILE

NEW ON THE SCENE
Passion, Hard Work and Fun Keep IT Leasing Veterans ‘In the Game’
By Stuart P. Papavassiliou, Senior Editor
It could be said we live in an age of velocity and it’s not surprising that a recent startup in the leasing and venture debt spaced adopted the name Velocity Financial Group. This month, the Monitor chatted with leasing veteran Frank Cirone, president and co-founder of the company, which launched in 2007. (Ref # PRO104, CPR116)

COLUMNS

GREASING THE WHEEL
One Change That Can Increase Profits and Productivity
By Gerry Egan, Tecsource & Learnleasing.com
Can changing one aspect of your business increase profits while decreasing the time it takes you to get a deal funded? Yes it can. Garry Egan explains how one transition can change the way you run your broker business. (Ref # BRK032)

LEGAL WATCH
Bankruptcy Court Says ‘No’ to Nondischargeable Claim Despite Fraudulent Financial Statement
By Andrew K. Alper, Frandzel Robins Bloom & Csato
Andrew Alper reminds us that there are always lessons to be learned from adverse court decisions including the necessity for lessors to make sure their leasing guidelines make sense and the importance of digging deeper into a lessee’s credit information. (Ref # LGL1108)

DISPATCHES FROM THE TRENCHES
Liens That Survive Transfer of the Equipment
By Kenneth P. Weinberg, Marks & Weinberg
This month, Ken Weinberg contemplates UCC provisions, which protect a lessee when it sells equipment leased pursuant to almost every type of lease under the sun as well as equipment finance agreements and loans secured by equipment. (Ref # LGL1109)