For more than 30 years, businesses across North America have discussed the idea of the “paperless society,” and less than ten years ago, one of Canada’s most prestigious national magazines claimed it was “almost at hand.” Yet when we look at how close Canada has come to realizing this paperless society, it’s pretty clear that we are lagging behind our U.S. counterparts.... read more

July/August 2007

When Pennsylvania’s Sterling Financial Corporation announced on April 30 that it would restate its earnings for the past two years and was postponing its 2007 annual shareholder meeting, there was little to suggest the magnitude of what would follow.... read more

July/August 2007

Indeed, the reality is that no lease management system, however comprehensive, can ideally meet every last need of running a leasing business. In confronting this reality then, communication-ready applications are certainly worth considering. This is exactly what the Services Oriented Architecture approach to designing leasing software brings to the table.... read more

July/August 2007

Ask not for whom the clarion bells ring. If you’re a careful lender or lessor, they ring for thee. Careful lenders need to know what is “new” about eDiscovery and why it is important to prepare for it now, even for a lawsuit that has not yet been filed. Chapman and Cutler’s Jeffrey Close takes a closer look at the requirements needed for a well-prepared ESI inventory.... read more

July/August 2007

In this issue, Monitor columnist Lesley Hawes provides the summary of the Marrama v. Citizen’s Bank of Massachusetts case and the Supreme Court’s decision detailing if a Chapter 7 debtor can transfer its case to a Chapter 13 or other proceeding if he/she acted in bad faith of the court, as well as the effects this ruling will have on future cases.... read more

July/August 2007

An industry with a myriad of finance structures and even more colorful names (such as split TRAC’s, first amendment, leveraged, synthetic, dirty, finance, put and security leases) has added another — the Equipment Finance Agreement (EFA). This installment discusses EFAs and their impact on the future of the industry.... read more

July/August 2007

The Latin American leasing and financial services industry has earned a place at the global table. In some of the growing economies in Latin America, the equipment leasing and finance industry has matured to a point where it is now imperative for its financial executives to adopt global best practices that will help ensure business sustainability.... read more

June 2007

This year’s Equipment Leasing and Finance Association Funding Conference showcased a healthy stable of equipment lenders with debt appetites across the board. The vigorous nature of the debt market begs the question of leasing’s other component: Does the equipment leasing equity market match the strength of the debt market?... read more

June 2007

A Conversation With Roland Chalons-Browne, President... read more

June 2007

In light of recent acquisitions, such as Cerberus’ buyout of Chrysler, and those within the industry predicting a slowdown — or should we say it recession — Commerce Bank’s chief economist Joel Naroff weighs in on the industry and other concerns facing leasing and the economy as a whole.... read more

June 2007

Thinking of going global? Considering China? Fortis Leasing Group’s Don Chan offers us the scoop on leasing in China and the important steps the country has and will be taking to encourage foreign investment. The following is a “must read” for U.S. lessors looking to the East for new opportunities.... read more

June 2007

On February 28, Prudential Capital Group, an investment business of Prudential Financial, completed its acquisition of General Motors Acceptance Corporation’s Equipment Finance Division. The acquisition allowed Prudential Capital to enter an asset class that it had identified as a target for growth. Prudential instantly became a force in equipment finance and leasing.... read more

June 2007

A Conversation With Elaine Temple, President... read more

June 2007

Each year, the Equipment Leasing & Finance Foundation’s Industry Future Council (IFC) meets to discuss and deliberate the future of the equipment finance industry over the next five years. Their discussion addresses trends, market conditions and potential economic indicators that affect and potentially will “drive” the equipment finance industry in the near- to mid-term.... read more

June 2007

A Conversation With Benjamin Millerbis, Founder & CEO... read more

June 2007