As the Delta variant threatens to prolong the COVID-19 pandemic era, Monitor asked leaders from four Monitor 100 companies to provide advice for smaller equipment finance players that will help them create resilient portfolios.... read more
Monitor 101 2021
string(13) " Rick Remiker"
string(41) "Vice Chairman, Equipment Finance Advisors"
string(14) "The Alta Group"
The relationship between an equipment finance business and its bank parent isn’t always easy, but Rick Remiker believes the relationship can becoming rewarding by asking three simple questions. ... read more
Electronic documents are here to stay, so Kenneth P. Weinberg addresses some of the most pressing questions about electronically signed chattel paper, including how to best determine the original or authoritative copy and more. ... read more
Many financial institutions are already offering circular economy-themed financing — and reaping the benefits. The Ellen MacArthur Foundation expects that the circular economy’s role in mainstream financing will increase in coming years. The foundation created Circulytics, a tool that enables companies to measure their circular economy performance.... read more
The equipment finance industry is moving from a transactional approach to an as-a-service model. This shift provides an opportunity both to deepen relationships with customers and support the circular economy.... read more
When Monitor’s editorial board cast votes for this year’s Icon Awards, Deborah Reuben nominated COVID-19 in the Disruptor category. In a special “honorable mention” feature, she explores the shifts the pandemic has created this year and stresses that adaptability and agility are the keys to ensuring the future success of a business.... read more
Monitor checks in with four NextGen leaders about how their companies effectively engage emerging leaders. They talk about the innate value of younger talent, share strategies for effective inter-generational collaboration and share advice for tomorrow’s leaders. ... read more
Joe Franco has been selling software since the 1990s. He explores how the process has changed over the years and explains why the industry must move beyond the concept of disruption, standardize technology and leave legacy systems in the history books. ... read more
Fraud can happen anywhere, from electronic leases to hand delivered documents signed in ink. Dominic Liberatore and Paul Bent explore fraud in the equipment finance industry and provide recommendations for identifying red flags and challenging suspicious activity. ... read more
What does it take to attract and retain younger employees? Cara Silletto says it all comes down to relationships. When managers act like coaches and team members take the time to understand each other’s backstories and utilize each other’s strengths, authentic relationships are possible, and each member of the team can feel appreciated and valued. ... read more
Although most organizations are using cloud technology in some form, COVID-19 hit many companies hard when they discovered how much data was inaccessible when every employee was suddenly working from home. Sean Scampton explains why cloud-first intelligent workplaces are needed to adjust to the new normal.... read more
Many equipment lessees have been hit hard by the economic downturn caused by the COVID-19 pandemic. Inez Markovich and Howard Brod Brownstein outline the rights and remedies of equipment finance lessors and lenders when their customers face temporary distress or a Chapter 11 filing. ... read more