Shielber most recently led GE Capital’s Commercial Distribution Finance business in Canada. He spent a total of 24 years at GE Capital, and also spent time in senior roles at Mellon Bank and start up Pure Markets, both in San Francisco.
“Howard brings a leadership and entrepreneurship background that will help us grow and diversify our Crossroads business,” said Brad Fauvre, co-founder of Velocity Vehicle Group. “His experience with GE Capital includes aircraft, transportation, and general equipment finance and leasing to the middle market, asset based and cash flow senior debt financing, and most recently inventory finance. His experience and enthusiasm to drive growth in new markets will be critical to our continued successful growth at Crossroads.”
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
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