Joe Franco has been selling software since the 1990s. He explores how the process has changed over the years and explains why the industry must move beyond the concept of disruption, standardize technology and leave legacy systems in the history books. ... read more
May/June 2020
Fraud can happen anywhere, from electronic leases to hand delivered documents signed in ink. Dominic Liberatore and Paul Bent explore fraud in the equipment finance industry and provide recommendations for identifying red flags and challenging suspicious activity. ... read more
May/June 2020
What does it take to attract and retain younger employees? Cara Silletto says it all comes down to relationships. When managers act like coaches and team members take the time to understand each other’s backstories and utilize each other’s strengths, authentic relationships are possible, and each member of the team can feel appreciated and valued. ... read more
May/June 2020
Although most organizations are using cloud technology in some form, COVID-19 hit many companies hard when they discovered how much data was inaccessible when every employee was suddenly working from home. Sean Scampton explains why cloud-first intelligent workplaces are needed to adjust to the new normal.... read more
May/June 2020
Many equipment lessees have been hit hard by the economic downturn caused by the COVID-19 pandemic. Inez Markovich and Howard Brod Brownstein outline the rights and remedies of equipment finance lessors and lenders when their customers face temporary distress or a Chapter 11 filing. ... read more
May/Jun 2020 2020
COVID-19 has forced the equipment finance industry to accelerate digital transformation strategies. Monitor checked in with the leaders of six technology companies to discuss how lenders are pivoting to streamline payment modification requests, enable self-service and increase agility in the wake of the pandemic. ... read more
May/Jun 2020
The pandemic has created a series of challenges that lenders must carefully navigate as they pursue recovery of collateral relating to loan/lease defaults. Michael Levison outlines current conditions and provides additional insight into these issues.... read more
June 2020
Mukul Mittal, an architect of lease technology from Q2, reflects on the growing demand for usage-based and automated leasing services.... read more
June 2020
The U.S. economy is already in recession, and although it could be back in growth mode by the end of 2020, this will be a hard year for the industry. ... read more
May/June 2020
The equipment finance community gathered for Monitor Live+ to talk about what matters most in times of crisis. Deborah Reuben, who designed and moderated the livestream event, provides a recap of the key takeaways, including how the pandemic has made effective leadership more important than ever before. ... read more
May/Jun 2020
COVID-19 exposed the cumbersome state of equipment lease documentation. Vince Borst shares how equipment lessors can streamline processes and gain a leg up on the competition by utilizing blockchain technology and smart contracts.... read more
2020
As the world continues to tackle the coronavirus pandemic, we take a moment to consider how the crisis could affect the way we address the other global systemic risks, such as climate change. ... read more
May 2020
The coronavirus COVID-19 outbreak has shown us how rapidly pandemics can alter public health and global markets. How quickly we recover from these events depends in large part on collaboration from every sector, including the equipment leasing and finance industry. ... read more
May/Jun 2020
Commercial lenders will face many new and unique challenges over the coming months as the full effects of the coronavirus pandemic are felt throughout the economy. For commercial customers, cash flow, liquidity and credit tightening dramatically across industries is the new normal. In these uncertain times, no segment of the bank commercial portfolio is under as much short and long-term risk as the Commercial and Industrial (C&I) line of credit segment.... read more
2020