Jumping to No. 95 this year from No. 107 on last year’s Monitor 101 list, Tim Moriarity of TriState Capital Bank Equipment Finance says the name of the game is client relationships and a strong back-office team that carried the company through unprecedented and unexpected times. ... read more
Monitor 100 2022
In an exclusive interview, Tirza Hollenhorst shares how she takes her knowledge for growth and innovation on the industry side and uses that to also focus on the human side of innovation. Her focus on creating and maintaining a well rounded, high functioning team helps her lay the groundwork for team members to build an innovative culture at LUMAN.... read more
May/June 2022
MidCap Business Credit expanded its product offerings this year by launching MidCap Equipment Finance. Led by Saurin Shah, a co-founder of Nations Equipment Finance (now SLR Equipment Finance), the new business aims to help MidCap become a one-stop financing partner for the middle market. ... read more
May/June 2022
Spearheading SLR Equipment Finance’s new foray into the vendor channel, CEO Tom Casey uses a combination of servant leadership, a collaborative team effort and decades of experience to steer the company to new and exciting heights. Forecasting tripled growth in the coming years, Casey lays out his prior paths while giving insight on the roads ahead.... read more
May/June 2022
Data and electronic devices are so pervasive in our everyday lives that it’s easy to forget how much information is moving around as well as where all that data goes when it’s time to replace it for something newer. Rick Trobman, president of the tech solutions global business unit at DLL, explains how finance experts can assist in protecting data, the environment and clients alike.... read more
May/June 2022
A sufficient cybersecurity response to threats is on everybody’s radar, and rightly so, but as with many things in life, it’s a task easier said than done. Monitor caught up with three technology leaders to discuss what their companies are doing to answer the call for solid cybersecurity in their product offerings and beyond. ... read more
May/June 2022
The new generation’s vast skills in technology can benefit more than their social media pages. These new leaders can assist programs to stay relevant and maintain social relevancy within an ever-changing economy.... read more
May/June 2021
In a Q&A, Michael Baez of Leasepath, Diane Croessmann of The Alta Group, Scott Nelson of Tamarack Technology, Sean Scampton of Leasepath and William Verhelle of Innovation Finance USA give their take on why companies are hesitant to embrace new technology tools in the U.S. equipment finance marketplace. ... read more
May/June 2022
The vendor channel experienced a resurgence in 2021, reporting 10.9% growth in activity — the highest percentage gain achieved by the group since 2013. The top three — DLL, Wells Fargo Equipment Finance and Bank of America Global Leasing — held on to their ranks while major shifts took place in the channel due to a flurry of acquisition activity and new entrants. ... read more
May/June 2022
The vendor finance world has been shaken up by many challenges over the last couple years, including supply chain shortages, inflation, the COVID-19 pandemic, a continually evolving market and increasing interest rates. Monitor spoke with vendor finance leaders to get some perspective on these unprecedented fluctuations.... read more
May/June 2022
The next generation of equipment finance leaders is already influencing the industry from a results perspective, but how they value company culture and leadership may lead to greater (and more positive) change than anything else. ... read more
May/June 2022
The equipment finance industry has had to revamp and adjust to the abrupt changes in the workforce due to the COVID-19 pandemic, as employees are quitting en masse and leaving companies for other opportunities. Monitor spoke with several industry leaders about how their organizations are adapting in the face of such a massive shift. ... read more
May/June 2022
A bankruptcy court bench ruling at the end of 2021 stated that certain protective provisions are unenforceable. Stephen T. Whelan digs into what those proceedings mean and how an investor can structure its interest to achieve an enforceable bankruptcy-blocking right.... read more
Mar/Apr 2022
With years of experience under their belts as third-party originators, Theresa Kabot and Pete Sawyer began holding transactions on their own balance sheets. They share their experiences, lay out the groundwork for aspiring brokers and point to the resources needed to get off the ground.... read more
Mar/Apr 2022
Who knew getting closer to your coworkers was as easy as sharing your favorite media or delving into what a song, movie or moment means to you on a personal level? Who knew experiences like these can bring a team closer together and foster a system of benevolence-based trust, increasing productivity and performance? Deb Reuben of TomorrowZone sat down with Brian Mohr of Anthym to learn more. ... read more
Mar/Apr 2022