This article discusses reporting concepts and solutions for systems specifically designed to meet the reporting requirements of both the lessor and lessee under ASC 842. While placing considerable focus on lessee reporting, new software has the opportunity to create simplified and powerful reporting and structuring capabilities for the lessor.... read more

September 2018

Blockchain and AI may seem like mere buzzwords, but these technologies are already being implemented. For lenders who want to avoid disruption, now is the time to form relationships with innovators.... read more

July/August 2018

Blockchain and AI may seem like mere buzzwords, but these technologies are already being implemented. For lenders who want to avoid disruption, now is the time to form relationships with innovators.... read more

July/August 2018

In a Monitor Q&A, executives from four software companies — Farooq Ghauri of NetSol Technologies, Mukul Mittal from Cloud Lending Solutions, Madhu Natarajan from Odessa Technologies and Jeff Van Slyke from LeaseTeam — discuss blockchain, AI, smart contracts, machine learning and other technology strategies for equipment finance companies.... read more

July/August 2018

As bank-owned equipment finance companies continue to dominate the industry, they must deal with the changing times. Executives from PNC, CIT, Key and Regions offer their views on 2017 and 2018 performance, tax reform, alternative financing, technology and credit quality in the current marketplace.... read more

July/August 2018

Banks have been jumping into the equipment finance business and now have the largest share of the market. But many banks have yet to take this vital step. With newcomers in mind, Bill Bosco covers the basics of incorporating a lease product business unit into a larger bank organization.... read more

July/August 2018

With ASC 842 requiring all leases to be placed on balance sheet, will more lessees seek to structure equipment financing arrangements as service contracts, and is that really possible?... read more

Jul/Aug 2018

A recent Bankruptcy Court oral decision has cast doubt on using casualty values in a default context. Stephen Whelan provides background on this turn of events and offers an improved solution for lessors to calculate damages and stipulated loss values.... read more

Monitor 100 2018

John Rizzi discusses the results of The Alta Group’s digital benchmark study, revealing the drivers behind and barriers to digitalization. Overall, the industry is lagging behind other financial service sectors in the adoption of digital capabilities.... read more

Monitor 100 2018

With ASC 842 requiring all leases to be placed on balance sheet, will lease structures change to minimize the effect of the balance sheet capitalization?... read more

Monitor 100 2018

F.N.B. Equipment Finance has worked hard to create a bigger and better equipment finance group. The effort is paying dividends, including a spot in the Monitor 100. As his group enters the rankings for the first time, President and CEO Gary Cook is well aware that future proofing is the key to making sure the company returns next year.... read more

Monitor 100 2018

With a depth of experience in the organization rivaling any of his contemporaries, Vince Mollica was the natural fit to become managing director of CIT’s Equipment Finance business. As he takes the lead for one of the biggest players in the industry, Mollica is out to put people first and continue to evolve.... read more

Monitor 100 2018

Monitor has reported on six U.S. recessions during its 44 years in print. On the wings of the second-longest economic expansion in U.S. history, Dexter Van Dango asks the question lingering in the back of our minds: When will the next recession hit?... read more

Monitor 100 2018

Kelly Skalicky grew up with Stearns Bank. Now she is the president of the company. With a varied background as her foundation, she is uniquely qualified to continue the success her parents built at Stearns and position it for the future, all while maintaining a focus on small business customers.... read more

Monitor 100 2018

Designed to empower women to take an active role in the ELFA and their workplaces, the inaugural Women’s Leadership Forum provided leadership development sessions on effective networking, communication and persuasion and opportunities to build relationships with other women in the industry.... read more

Monitor 100 2018