Credit / Underwriting

Managing Customer Expectations As COVID-19 Impacts the Credit Process

Keara Piekanski

The year 2020 and the effects of the COVID-19 pandemic have made life for people and industries worldwide feel like one continuous roller coaster. Many businesses, including restaurants, are still experiencing a downward trajectory, with the National Restaurant Association reporting... read more

Risk Management Must Consider New Data to Survive in Post-COVID Economy

Scott Nelson, Aaron Dym

“We need to understand risk better.” “Originations are up. My worry is our existing customers’ business health.” “We have to decrease our distance from customers.” Risk managers’ plates are full. These recent comments from lessor leaders regarding today’s economic environment... read more

Automation Bringing New Norms to Small Ticket Equipment Financing

Vernon Tirey

When I was a kid, people smoked on airplanes. When I was in college and flying to Europe on a regular basis to visit my girlfriend, now wife, airlines began introducing “non-smoking” flights. It was an awkward transition. But today... read more

Equipment Financing is Ripe for Automation

Vernon Tirey

Five years ago I was introduced to the equipment financing industry. Having implemented enterprise-wide automation solutions for large financial services companies, I was surprised that the industry is vastly manual. After studying the industry, and talking to lots of business... read more

Undue Diligence: Using the Recent Past to Inform Equipment Finance Deals in the Future

Barry S. Marks

Reprinted with the permission of Barry S. Marks and LEAN I remember the day one of my kids asked what it was like in the Great Depression. After assuring them I was not that old, I told them to ask... read more

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