Eric Miller shares his take on the current state of equipment finance and the mutually reliant relationship between banks and non-banks in the space. He outlines the go-to-market strategy of the new venture he is leading for Ares Capital Management, Ansley Park Capital, and provides his outlook on the future market composition of the industry. ... read more
March 2024
Since my first job at Continental Illinois National Bank in 1981, (which in 1988 became the largest bank failure in U.S. history at the time), I’ve always been a hopeless proponent of convincing banks to enter the leasing business including,... read more
March 14, 2024
What are the practical applications of AI in equipment finance? What can it do today and what can we train it to do tomorrow? Valerie Gerard and Denis Stypulkoski explore possibilities for streamlining sales, documentation, underwriting, asset valuation and more.... read more
Jan/Feb 2024
Does your company have a winning culture, or is there room for improvement? The leaders of companies selected for Monitor’s 2024 Best Companies list in the culture category share the traits that set their companies apart and discuss nine common themes inherent in the best company cultures.... read more
Jan/Feb 2024
In the first edition of Monitor’s new international column, Sudhir Amembal, chairman and CEO of Amembal & Halladay, discusses some of the what’s, why’s and how’s of the global equipment finance market.... read more
Jan/Feb 2024 2024
According to a new survey of more than 734 secured finance executives from Secured Research and Data Solutions, a Monitor/ABF Journal joint venture, less than 20% of equipment finance leaders and less than 25% of asset-based lending leaders see their firms leveraging emerging technologies. read more
MAR 4, 2024 - 7:02 am
As the first woman to lead the ELFA, Leigh Lytle brings a new voice and outlook to the industry. In an interview with Monitor, she identifies seven opportunities and challenges the equipment finance industry faces today and outlines the association’s goals to address them. ... read more
Jan/Feb 2024
Santander Bank unified its commercial and industrial business and its commercial real estate, equipment finance and vehicle financing business into one U.S. commercial bank under the leadership of Michael Lee. read more
OCT 20, 2023 - 6:35 am
Confidence in the equipment finance market declined to 40.1 in October, a decrease from the September index of 50.3, according to the ELFF. read more
OCT 19, 2023 - 6:40 am
Leasepath entered a strategic engagement with Great American Insurance Group’s Specialty Equipment Division designed to innovate insurance management for the equipment finance industry. read more
OCT 19, 2023 - 6:35 am
When the equipment leasing industry was created, leasing was the go-to product. But as time went on, the industry morphed into a subset of secured lending. Paul Bent explores the cycles of the industry and says as market conditions shift, the old roots of yesteryear may be giving rise to a new generation of lessors.... read more
50th Anniversary 2023
Rimon appointed Scott Chait as an equipment leasing and finance partner in New Jersey. read more
NOV 30, 2022 - 7:21 am
Encina Equipment Finance provided a $30 million equipment lease line to a healthcare provider. The transaction was structured as a sale-leaseback of medical equipment. read more
MAR 17, 2022 - 5:53 am
According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, overall new business volume for December 2020 was $12.1 billion, which was down 6% year over year from December 2019. However, volume was up 66% compared with November 2020. read more
JAN 26, 2021 - 7:06 am
The Equipment Leasing and Finance Association revealed its top 10 equipment acquisition trends for 2021. Among these, the ELFA predicts capital spending will show positive growth and that digitalization will be pervasive in the post-COVID-19 equipment finance environment. read more
JAN 25, 2021 - 6:39 am