Aspen Field Services’ founder Cortland Brady looks at the ways recent technology has disrupted or even completely transformed other industries, often leaving companies who failed to adapt out of business. He believes the financing and leasing industries are no different and encourages brokers, lessors and asset managers to become their own disruptors, before someone else does it for them.... read more
January/February 2019
Retired editor and publisher, Jerry Parrotto, was in the offices of the Monitor for a visit, perhaps wanting to get his ‘snow fix’ from the Philadelphia suburbs before traveling back to Florida. Monitor Editorial Board member David Wiener caught up with Jerry before he headed south again.... read more
January/February 2019
In the spirit of our own year-long rebrand and modernization efforts, Monitor has invited four industry associations and their leaders to share what they’re looking forward to, what they’re changing and what new projects and events they will be tackling in 2019. ... read more
January/February 2019
Though banks, independents and captives all participate in the equipment financing industry, all have different needs and focuses. Charles Wendel of FIC Advisors games out 2019 for each one and recommends that no matter the organization, embracing rapid technological advances will be a benefit to everyone.... read more
January/February 2019
With optimism remaining sky-high nine years into an economic recovery, it’s part of an asset manager’s job to make sure companies don’t suddenly plummet back to earth. Monitor sat down with Carl Chrappa of The Alta Group and Kevin Sensenbrenner of Stonebriar Commercial Finance to discuss their outlook on the year ahead and the ways asset managers can help lessors protect themselves for the inevitable downturn. ... read more
January/February 2019
Dexter Van Dango sees the future as a synthesis of the past and present as companies develop new technology to adapt some old-fashioned teamwork. He believes equipment finance and leasing companies should take advantage of not only collaborative work models but the agility fintechs and artificial intelligence will continue to offer them.... read more
January/February 2019
The last year has seen wild swings in markets even as many of the economic fundamentals remain strong. Looking to the year ahead, Chris Maudlin of Wintrust Specialty Finance and Mic Mount of U.S. Bank Equipment Finance both recommend credit managers stick to the tried and true, especially when faced with potential upheaval. ... read more
January/February 2019
Describing collateral in financing statements as "all equipment leased or financed" has become common in our industry. Ken Weinberg examines whether or not these descriptions sufficiently indicate the collateral covered.... read more
November/December 2018
Annual predictions are always risky, especially given the nature of advance publication deadlines. But a few, brave equipment finance consultants have accepted the challenge. Consider their insights as helpful resources for planning purposes, but still works in progress.... read more
November/December 2018
Just the thought of prospecting inspires dread in many salespeople, but Linda Kester says it doesn’t have to be that way. She provides five tips that will get your sales team excited about creating new opportunities.... read more
November/December 2018
Consumption models are changing, and Kristine A. Snow says captive finance companies are poised to be the catalysts for cultural change. With an unwavering focus on the customer, she says captives will prosper as new technologies shift and redefine industries.... read more
November/December 2018
Dave Mirsky, co-founder of Pacific Rim Capital, winner of the Honda of America Manufacturing Supplier of the Year Honor, discusses challenges and opportunities in the material handling industry, including long lead times, a shift toward clean energy alternatives, autonomous technology, telematics and fuel cell batteries.... read more
November/December 2018
After achieving a 20-year high this year, the construction industry is undoubtedly thriving. But have we reached the top of the cycle? John Crum examines the factors that have fueled growth over the last five years and the indicators that the pace of expansion will slow in 2019.... read more
November/December 2018
While 2017 was dominated by terrible weather, in 2018, trucking fleets had to spend more time navigating political storms in trade and policy, as well as address some of the industry’s long-term issues. Dan Clark, head of BMO Transportation Finance, explains how, despite the uncertainties, 2018 remained a solid year for trucking.... read more
November/December 2018
TIAA recently entered a two-part deal with GE Capital Healthcare Equipment Finance, which involved the acquisition of a $1.5 billion portfolio of healthcare equipment leases and loans as well as a five-year vendor financing agreement that will enable TIAA to serve U.S. customers of GE Healthcare. Leaders from TIAA and GE Capital HEF sat down with Monitor to discuss the details. ... read more
December 2018