Quentin Cote, EVP of Mintaka Financial, was elected to serve a two-year term on the Equipment Leasing and Finance Association’s Small Ticket Business Council Steering Committee. Quentin has spent his career in the specialty finance sector, lending to, investing in and building small business finance companies. As EVP of Mintaka, Quentin is responsible for increasing origination capabilities, corporate development activities and is helping with capital markets activities.
The Small Ticket Business Council Steering Committee is one of five primary constituent bodies at ELFA. The committees are an integral part of ELFA’s operations, providing critical input on the direction of the association and serving as a bridge between the membership and the board of directors and staff. The committee members are elected by the Business Council membership for a term of two years on a staggered basis.
The Small Ticket Business Council Steering Committee represents financial services organizations primarily involved in transactions under $250,000, either individually or through lines. The committee analyzes the needs of companies in its segment and recommends to the board how to meet those needs.
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
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