Working from home has become the norm for a large portion of the U.S. population over the last 16 months. As the COVID-19 pandemic begins to (hopefully) subside, companies now need to determine what the future of the workplace looks like. ... read more
Monitor 100 2021
How would the equipment finance industry look if NextGen leaders were running the show? In part two of a series, several NextGen leaders share the priorities that would top their lists as CEO and provide advice for the old guard on how to build the most diverse and inclusive leadership bench.... read more
Monitor 100 2021
The leaders of five top equipment finance companies have a conversation with Eric McGriff, founder and president of Pinnacle Advisory Services, regarding their respective leadership challenges during the COVID-19 pandemic and how they have emerged on the back-end of the crisis.... read more
Monitor 100 2021
The impact of the COVID-19 pandemic is evident in this year’s Monitor 100. Although net assets and volume declined year over year, forecasts predict a full recovery by year-end, with portfolios and originations expected to increase 5.3% and 10.8%, respectively. Despite a tumultuous year, John Deere Financial claimed the volume crown and rose to runner-up in the portfolio ranking. ... read more
Monitor 100 2021
This week, Bill Stephenson, CEO and Chairman of the Executive Board at DLL announced that he will retire from his role at the end of 2021. In an exclusive interview with Monitor, Stephenson reflects on the biggest accomplishment of his career, emphasizes the importance of the customer in every business decision and shares leadership advice.... read more
2021
How do you know you’re ‘doing it right’ when it comes to the equipment financing business? Gerry Oestreich details the many ins and outs of an industry changing more and more every year. ... read more
Vol. 48 No. 3 2021
Electronic documents are here to stay, so Kenneth P. Weinberg addresses some of the most pressing questions about electronically signed chattel paper, including how to best determine the original or authoritative copy and more. ... read more
Vol. 48 No. 3 2021
Robert Preville of KWIPPED urges financing providers to consistently promote financing options at every point of sale to both capture market share and increase sales success. ... read more
Vol. 48 No. 3 2021
Drastic changes in how and where people work has spurred numerous innovations to help enhance the virtual office. One such innovation is Cozy Juicy Real, a virtual board game and team-building tool meant to help facilitate deeper interpersonal connections among colleagues. ... read more
Vol. 48 No. 3 2021
Strenuous circumstances provoke necessary adaptation to ensure survival and success. The COVID-19 pandemic presented unique obstacles for the equipment finance industry, which was an industry already in the midst of change. Leaders from four financial technology companies share how, in 2020, technology became paramount to the path forward.... read more
Vol. 48 No. 3 2021
This year’s ranking of the Monitor’s top 40 players in the vendor channel illustrates an almost even split in performance, with 19 respondents reporting net gains and 21 posting declines. With collective vendor channel originations of $39,958.8 million, the group performed better than many anticipated this time last year with a net decline of 3.2%.... read more
Vol. 48 No. 3 2021
The drive toward consumption or pay-for-use models in equipment finance is well underway and to keep up, independent and bank lenders need to determine how to fit such offerings into their arsenals. Dexter Van Dango explores just how realistic such an endeavor can be. ... read more
Vol. 48 No. 3 2021
In an interview with demographer Kenneth Gronbach, Scott Nelson of Tamarack Technology examined the impact of Gen Y on the equipment finance industry. ... read more
Vol. 48 No. 3 2021
As the equipment finance industry’s long-time leaders retire, it’s vital to have a solid succession plan in place. Paul Menzel shares five important steps involved in this process and encourages current leaders to mentor the leadership teams of tomorrow while stepping aside to provide ample opportunities for them to develop skills and learn from mistakes. ... read more
Vol. 48 No. 3 2021
A group of this year’s Monitor NextGen Leaders share their ideas for improving the equipment finance industry. They believe that by embracing creativity over tradition and coming together to learn from each other’s digital transformation experiences, members of the equipment finance industry can create a customer-obsessed space that attracts the innovative young talent needed for the industry’s next chapter.... read more
Vol. 48 No. 3 2021