With the barrage of negative economic indicators over recent months, the Monitor took the opportunity to sit down with Robert Dye, senior economist of The PNC Financial Services Group, Inc., to get some perspective on the state of the economy and where the industry is headed as we enter the last months of 2008 and the start of the new year.... read more
October 2008
Given the turmoil in today’s financial markets, many equipment leasing sales professionals are feeling discouraged. It’s hard not to be when the media is bombarding you with negative information. Now more than ever it’s vital to keep a positive attitude.... read more
September/October 2008
Nearly a year ago in November 2007, Peter Borden took over as president of the American Machine Tool Distributors’ Association (AMTDA). Unlike many of his predecessors who had come from association backgrounds, in choosing Borden the AMTDA elevated a lifelong member of the machine tool industry to lead the group.... read more
September/October 2008
In its simplest terms, public finance is the way in which state and local municipalities and federal government agencies acquire essential equipment or services to run their operations. Interestingly, there is not much public information available detailing the dynamics of this intriguing industry.... read more
September/October 2008
Can changing one aspect of your business increase profits while decreasing the time it takes you to get a deal funded? Yes it can. Garry Egan explains how one transition can change the way you run your broker business.... read more
July/August 2008
In prepared remarks at the Annual Conference of the Institute of International Bankers, U.S. Treasury Assistant Secretary for International Affairs, Clay Lowery delivered his address in the form of a David Letterman-style “Top Ten” list. Lowery categorizes the underlying weakness in the following excerpt, delivered in March 2008.... read more
June 2008
Looking to find a new niche market to explore? Well look no further — software leasing could be just the market for many lessors looking to reach beyond their current core businesses. What are the benefits of branching out into this unexplored territory? LPI Software Funding Group’s Mark Bazrod explains. ... read more
June 2008
Whether you are a complacent observer or a stunned participant, the current crisis in the credit markets provides a useful reminder that certain business fundamentals don’t change. And before it’s over, there will be many lessons learned from the process.... read more
June 2008
As we prepare for upcoming political elections, the media buzzes with animated discussion about the state of the U.S. economy. Suddenly, the price of food and fuel are conversational hot buttons, and economic pundits are expressing fear about reduced consumer spending. If consumers continue to feel their pocketbooks pinched, will their slowed buying habits have a ripple effect across business sectors?... read more
June 2008
As a villain called greed has taken over the marketplace, inserting itself into our daily lives and creating havoc among all industries, it’s time to seek support from other countries to help fix the problem. According to Dale Kluga, in this global economy, looking toward worldwide help may be the only thing to do to keep our heads above water.... read more
May/June 2008
After he spoke at the ELFA-IMN investor conference, the Monitor sat down with Rick Wolfert of Aquiline Capital Partners in New York, a private equity firm with $1.1 billion in capital commitments. Although he emphasizes the dislocation of the credit markets, Wolfert remains positive, saying that opportunities are just as attractive as they always were for companies with capital and liquidity.... read more
May/June 2008
At the recent ELFA-IMN investor conference, many leasing and finance industry professionals talked about the market’s current status while those now operating on the investor side noted they’ve never seen anything like what the industry is now facing. All that anyone can do is consider new scenarios as they present themselves.... read more
May/June 2008
Insurance in the leasing and financing industry isn’t only for safeguarding assets. So how do you know you’re protecting what needs to be covered in your company? Swandel and Associates’ Murray Derraugh provides an overview of insurance and then delves deeper into what is absolutely necessary for a lessor.... read more
May/June 2008