While the still-sluggish economy continually weighs on the minds of equipment finance executives, this year’s funding source roundtable participants express mixed sentiments towards deal flow, supply/demand factors and credit availability, as well as closing deals in today’s environment. Overall, they each remain optimistic for higher levels of activity in 2014.... read more
March/April 2014
Attorney Lesley Anne Hawes examines a recent Eighth Circuit Court of Appeals opinion reaffirming the established principle that secured creditors' liens pass through bankruptcy unaffected. She notes that the decision is helpful to secured creditors because it confirms at the federal circuit level this important attribute of lienholder status in bankruptcy cases.... read more
Jan/Feb 2014
In July 2012, Andrew Denton, COO of CHP Consulting, and Derek Soper, chairman of IAA Advisory, launched the Leasing Foundation to foster industry research, charitable activities and professional development in Europe. As Denton explains, although these areas are being addressed in the U.S., such industry support in the rest of the world was underdeveloped — until a group of international heavy-hitters stepped up to "fill the vacuum."... read more
Jan/Feb 2014
As an activist for the equipment leasing and finance community and working member of the FASB/IASB lease project working group, industry expert Bill Bosco has been in the thick of the debate surrounding the outcome of the new lease accounting rules. In this exclusive article for the Monitor, Bosco addresses default covenants, lessor accounting for synthetic leases and the lease accounting project.... read more
Jan/Feb 2014
In the wake of the release of Martin Scorsese’s film The Wolf of Wall Street, Linda Kester takes offense at such unethical sales tactics and blatant disregard for clients. She explains that you can treat vendors and lessees well and still make a profit by delivering more than you promise.... read more
Jan/Feb 2014
AmeriQuest Transportation's Patrick Gaskins examines issues confronting financial executives in the commercial trucking industry and discusses considerations they must weigh before making decisions about equipment replacement and acquisitions.... read more
Jan/Feb 2014
In an exclusive interview with the Monitor, Adam D. Warner, the 2014 chairman of the ELFA's board of directors, discusses his priorities for the year, which include sustaining the association's ongoing lease accounting and tax reform projects. He will also focus on attracting new talent to the industry and creating more diversity on the ELFA board.... read more
Jan/Feb 2014
The demand for healthcare services is on the rise worldwide. Gary Amos of Siemens Financial Services offers a global view on handling the challenges of financing medical equipment and technology acquisitions, where there is no one-size-fits-all solution.... read more
Jan/Feb 2014
Although equipment replacement continues to surpass expansion, the asset managers assembled for this year's Monitor roundtable discussion note that certain industry segments are picking up — and some are red hot. All agree that competition is fierce, especially in the investment grade arena, but now is not a good time to loosen up on asset management discipline. ... read more
Jan/Feb 2014
Lenders and lessors can create goodwill in the marketplace by participating in certain transactions that contribute to improvements for citizens. The Alta Group's Bob Neptune reflects on special opportunities he's experienced and asks his peers in the business to share their stories of accomplishment derived from leasing and financing for public benefit.... read more
Jan/Feb 2014
Fraudulent transfer laws can create problems for many financiers — even those with the best of intentions. Ken Weinberg discusses why transactions of this nature should be considered carefully and seen as having inherent risk. He points out that even a lender that eventually defeats a fraudulent conveyance claim will probably feel like a loser upon receiving the legal bill.... read more
Nov/Dec 2013
In analyzing the equipment finance market as we close out the year, Richard Doherty, president of PNC Equipment Finance, notes that the irregular 2013 market brought a mixed bag, including organic growth despite a sluggish economy, government instability and increased competition. Resilient industry professionals who continue to make educated decisions are vital to taking what momentum we enjoyed this year into 2014. ... read more
Nov/Dec 2013
Andrew Alper, an attorney who has represented banks, lenders, equipment leasing companies, funding sources, mortgage servicers, credit corporations and secured creditors for almost 35 years, reflects on the changes that had the most impact on the legal environment in relation to the leasing and lending industries.... read more
Sept/Oct 2013
The Alta Group's Bruce Kropschot notes that throughout the past four decades, mergers and acquisitions have played a key role in the development of equipment leasing and finance. Here he shares with the Monitor his reflections and outlook regarding the influence of M&A activity on the industry. ... read more
Sept/Oct 2013
To commemorate the Monitor's 40th anniversary, Dexter Van Dango ponders how technology has changed equipment leasing and finance over the decades and asks some industry veterans to share their stories.... read more
Sept/Oct 2013