Identity theft has become quite common — but what can creditors do when it strikes? This installment focuses on two areas: The first discusses fraud prevention methods and red flags, which can help creditors from funding transactions tainted by identity theft. The second discusses creditor rights when contacted by legal counsel with a claim that an individual obligor’s identity has been stolen.... read more

September/October 2007

HP Financial Services’ Irv Rothman discusses the current state of IT financing and what customers are looking for when spending on IT needs. The strategic importance of technology is changing the way lenders work with customers, how lenders advise them and how they structure financial proposals.... read more

September/October 2007

An International Data Corporation study sizes the leasing and financing market for IT equipment, and looks at the growth and opportunities of different IT sectors into 2010. It predicts the largest portion of IT spending in the next few years (43%) will be on IT services.... read more

September/October 2007

On June 22, Wells Fargo and the CIT Group announced they signed a purchase agreement in which Wells Fargo would acquire the construction lending unit of CIT. Ron Riecks will serve as general manager of the new entity called Wells Fargo Construction, which will be a division of Wells Fargo Equipment Finance.... read more

September/October 2007

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September/October 2007

Industry veteran Philip Cooper provides an overview of the industry — pointing out the recent changes such as Wells Fargo’s acquisition of CIT’s Construction Equipment unit, among others. In it, he finds, that although the years pass, the only thing that remains constant in the industry is, in fact, change.... read more

September/October 2007

The Monitor recently sat down with Banc of America Leasing’s Michael Amalfitano, who discussed the state of corporate aircraft finance and what the company sees in its future. When it comes down to it — it’s all about having the right people doing the right jobs and an integrated and well-executed strategy. Simply said, it’s about structure, strategy and staff.... read more

September/October 2007

In July of this year, the news from the AirVenture show out of Oshkosh, WI, was very encouraging indeed. The General Aviation Manufacturers Association posted a 14.7% increase in the shipment of business jets for the first half of 2007. The Monitor spent some time with Pete Bunce, GAMA president and CEO, who was more than willing to tell the story behind the numbers.... read more

September/October 2007

Although the trucking industry has suffered throughout 2007 due to a drop in freight tonnage and expensive changes in emissions regulations, many truck leasing executives say that the wait for a rebound is almost over. In a roundtable with four such execs, the concensus is that trucking will bounce back by the end of the year into 2008.... read more

September/October 2007

A rising tide of buyouts by private equity firms is changing the competitive landscape of trucking. Not only is the process accelerating a transition from small family-run companies to large, professionally managed corporations, it is changing the way many for-hire carriers are organized and managed.... read more

September/October 2007

To properly price a Fair Market Value lease for materials handling equipment, a lessor needs to be one part detective, one part numbers-cruncher, and one part customer advocate. The effort involved can benefit all parties to this type of lease and in today’s environment, it’s more important than ever to offer such beneficial solutions.... read more

September/October 2007

There are less difficult ways to manage a fleet of material handling equipment vehicles than with a pencil and clipboard, a not uncommon practice even in today’s highly computerized distribution centers. Turning the job over to a third party, human or computer, is one way to go. Here are three examples of how to tame this critical, labor intensive task.... read more

September/October 2007

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July/August 2007

Customer demands, relentless competitive pressures and regulatory changes are forcing asset finance companies in North America and other markets to rethink, refine and ultimately transform their businesses. CHP Consulting’s Andrew Denton provides the keys to picking the right technological platform for your company.... read more

July/August 2007

One of the tenets of the Equipment Leasing and Finance Foundation is funding forward-thinking industry research as evidenced by the release of the Foundation’s most recent research study, “Paperless Transactions: The Competitive Edge.” The following article summarizes the report’s findings so that readers understand the potential impact of paperless transactions in the equipment finance industry.... read more

July/August 2007