The Equipment Leasing and Finance Association’s Equity Committee is leading an evolutionary change within the industry to create an environment of diversity, equity and inclusion in everything it does. Its inaugural Equity Forum encouraged interaction, sparked new ideas and provided tools and inspiration for everyone in equipment finance to embrace DE&I.... read more
Nov/Dec 2022
Despite Hurricane Ian disrupting the ELFA’s 61st Annual Conference, originally planned for Marco Island, FL, the show went on in Orlando, FL. Featuring a slew of exhibitors, breakout sessions and keynote speakers, the conference’s first keynote speaker, Dex Hunter-Torricke, laid out the coming changes to the global economy and labor market and what’s just over the horizon – the Decade of Disruption.... read more
Nov/Dec 2022
Chad Sluss, CEO of the National Equipment Finance Association, delivers a detailed recap of the organization’s 2022 Funding Symposium, which provided a plethora of educational opportunities and set a new attendance record. ... read more
Nov/Dec 2022
After taking a brief hiatus from in-person events, the American Association of Commercial Finance Brokers’ Commercial Financing Expo returned with vigor in Las Vegas, providing brokers and lenders with various educational and networking opportunities at the M Resort in Las Vegas. ... read more
Nov/Dec 2022
Working hard can spark innovation, but working too hard can lead to burnout. Deborah Reuben spoke with Rachel Sheerin, a public speaker and Certified Professional Behavioral Analyst, about how to identify and combat burnout to help people succeed. ... read more
Nov/Dec 2022
Electric vertical takeoff and landing aircraft (eVTOLs) are an emerging technology garnering increasing interest and investment. Shari B. Domow Bacsardi, Dillon A. Redding and Alexander R. Lowitt explore this emerging asset class. ... read more
Nov/Dec 2022
After experiencing a deep pandemic-related drop in new business volume in 2020, the Bank 50 rebounded to achieve a 6% year-over-year increase in new business volume in 2021. Although the group’s collective portfolio declined slightly, the banks anticipated a trajectory of net asset growth by year end.... read more
Nov/Dec 2022
Dillard Van Dango, the millennial son of Dexter Van Dango, makes his Monitor debut with a strong message: equipment finance companies have a unique opportunity to help end users, manufacturers and vendors make more climate conscious choices. ... read more
Nov/Dec 2022
Bankruptcy filing statistics are important, but they only scratch the surface when it comes to assessing overall trends in the world of distressed businesses. Gregg Morin identifies some of the other metrics that matter and delves into what they’ve shown about 2022 so far.... read more
Several traits are essential to being a successful leader in the equipment finance industry, including a sense of purpose, advocacy for oneself and flexibility around change. Amy Gross tells the story of how she obtained those traits and provides advice to aspiring leaders.... read more
Sept/Oct 2022
Deborah Baker has been a champion for women and other underrepresented groups during her 30-year career in equipment finance. Through her leadership at ELFA, she has transformed her commitment to DE&I into meaningful action for the industry. ... read more
Sept/Oct 2022
Joe Nachbin’s four decades in equipment finance were characterized by integrity, kindness and the ability to read financial statements and static loss pools like poetry. With the help of several people who knew him well, Monitor pays tribute to Nachbin in a special posthumous profile.... read more
Sept/Oct 2022
Robert Preville, founder and CEO of APPROVE, sees opportunities for equipment finance companies to expand and embed relationships with vendors past their equipment financing needs and to regain lost financial turf from credit card and merchant service companies as they cash in on micro and small ticket transactions. ... read more
Sept/Oct 2022
Ricardo E. Rios, Chief Operating Officer of Commercial Equipment Finance (CEFI) has had great success in both Puerto Rico and the U.S. and is making a name for himself in the equipment finance industry. As a leader and mentor, Rios focuses on relationship building to find success.... read more
Sept/Oct 2022
In an exclusive Q&A with Monitor, credit expert Kevin Prykull answers eight timely questions regarding risk management amid rising inflation, including a discussion on developing risks and the steps equipment finance companies should take today to bolster their risk position.... read more
Sept/Oct 2022