Second Circuit Weighs in on BAPCA’s ‘Hanging Paragraph’ in AmeriCredit Bankruptcy

In this edition of Tipping the Scales, Lesley Anne Hawes returns to discuss the implications of the so-called “hanging paragraph” in BAPCA as ruled upon by the Second Circuit Court of Appeals in AmeriCredit Financial Services v. Thompkins. The ruling, Hawes contends, will make it more difficult for debtors going forward … and gives creditors a reason to cheer.... read more

Lease Accounting Changes Will Call for Software Systems Upgrades

With an exposure draft expected this summer, lease accounting changes brought about by FASB and IASB convergence that once seemed distant are now becoming more and more real. It is therefore prudent for leasing companies to prepare for the expected impact to their policies, processes and software systems. At a minimum, lease management systems must be reviewed, modified and tested for compliance.... read more

A Little Something About Software Leasing & Finance

For many outside our industry, equipment leasing and finance is a niche with magical and confusing terminology and structures such as synthetic leases, operating leases, true leases, FMVs, TRACs, ALIASs and EFAs. When you add software leasing and finance into the mix, you encounter a niche within a niche. In the following article, Ken Weinberg briefly addresses some of the unique considerations raised by such software transactions. ... read more

Huntington Equipment Finance

Earlier this year, Huntington Bank made headlines in the financial press by delivering impressive 2010 first-quarter earnings after facing what some have called a “near death experience” in 2009. The Monitor took notice when industry veteran Rick Remiker was named president of Huntington Equipment Finance Group, charged with the task of taking the group to the next level.... read more

What’s Hot in the Commercial Finance Buying Market

Commercial debt buyers have fared well as companies have looked for ways to create much-needed liquidity and they have proven they are more than capable of filling a liquidity void. But will the trend hold once the economy recovers and the capital markets operate efficiently once more?... read more

Is Your Business in Need of a Technology Transformation?

Today’s marketplace continues to expand and evolve. As it does, your customers, employees and partners demand more. Providing employees with information, devices and gadgets they need to function effectively and training them to stand out in front of technology and build real relationships can go a long way.... read more

Business Process Management Solutions

Across a variety of industries where legacy platforms are prevalent and challenging to replace (including banking and insurance), companies are considering Business Process Management (BPM) solutions as an alternative to system replacement. 
As equipment finance companies look to the future and consider alternatives to modernizing their legacy technologies, they may want to consider these in the mix.... read more

Correlating Economics & Lease Accounting

Changes to the lessor accounting rules are imminent, although their full extent is not yet known. What is certain, however, indicates that lessors will have to adjust their operations, processes and reporting to one degree or another. Shawn Halladay asks: “Will you be ready?”... read more

UCC Statutory Framework Can Benefit Funders

This edition of Dispatches From the Trenches analyses some of the statutory framework of the Uniform Commercial Code, which provides some comfort to funders willing to go blind … that is, don’t receive executed notices and Acknowledgments.... read more

Minnesota Court Applies Article 9 Commercial Reasonableness Standard to Article 2A Equipment Lease

Andrew Alper returns to discuss a recent case in which the Minnesota court drew from Article 9 commercial reasonable standards to justify its ruling in an Article 2A lease transaction when such requirements do not exist in Article 2A … not good news for lessors that don’t comply with Article 9 disposition agreements.... read more

New Strategies & Tools Needed in Improving Business Climate

As the old saying goes, be careful what you wish for. Asset managers may be gaining a new appreciation for the meaning of the phrase as they try to determine how best to handle an improving business climate — a climate that presents a new set of challenges that must be effectively handled with new strategies or tools.... read more

Rumblings, Rumors & Other Rhetoric: Booking Deals & Managing Credit Risk

Mystery writer Dexter Van Dango returns to the pages of the Monitor … this time reporting rumblings, rumors and other rhetoric from the front line. After all, everyone needs a little relief from the day-to-day business of booking deals and managing portfolio and credit risk now and then…... read more

Eastern Funding

For Michael Fanger, founder and president of Eastern Funding, LLC, the success of his commercial finance company during the past 13 years is as much a result of the relationships he has built during his career as it is hard work and smart lending.... read more

Regions Equipment Finance

For equipment industry veteran Bill Fite, the decision to join Regions Equipment Finance Co. (REFCO), a wholly owned subsidiary of Regions Bank, in February as EVP and head of the unit was an easy one. With a 16-state footprint, and a leadership and mission that Fite was drawn to, he now leads a unit poised to work more in tandem with its parent to not only increase market share but also to offer expanded services to its customers.... read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.