Orchard Platform co-founder and CFO Angela Ceresnie explores marketplace lending — the trifecta of technology, data and services. She believes this new model can provide improved stability, fairness and greater resiliency for borrowers and lenders alike.... read more
July/August 2015
Monitor contributor, Susan Carol, reports on the ELFA’s Credit and Collection Conference where credit and risk managers remain confident when it comes to compliance and fundamental practices as they prepare for the next inevitable downturn.... read more
July/August 2015
Leslie Ann Hawes examines the Uniform Voidable Transactions Act — the proposed new name for the Uniform Fraudulent Transfer Act — and outlines the Uniform Law Commission’s proposed amendments as well as implications posed for creditors.... read more
Monitor 100 2015
Sergey Moiseenko and Chuck Weilamann of DBRS take a look at trends in the U.S. equipment ABS market, including private equity investment and the rise of smaller specialty originators. They caution that oil price uncertainty could play a role in the months to come.... read more
Monitor 100 2015
Bill Bosco provides an update on recent activity of the FASB, including changes to disclosure requirements, compliance relief measures as well as transitions for both lessors and lessees as they relate to various lease scenarios.... read more
Monitor 100 2015
In a marketplace flush with borrowing options, a lender with sector expertise stands above the shoulders of generalists. Eric Miller, group head and managing director of CIT Capital Equipment Finance, examines the worthy approach of seasoned lenders — those who know the ins and outs of an asset class while understanding the importance of cyclicality and flexibility.... read more
Monitor 100 2015
Santander Bank has entered the corporate equipment finance arena with a #84 ranking in the Monitor 100. This is only the beginning for newly appointed Group Head Vincent Belcastro, who plans to build a best-in-class equipment finance operation that will stand the test of time.... read more
Monitor 100 2015
Monitor contributor Daniel Casciato catches up with Paul Severn, who talks about creating a culture of change as SunTrust’s Equipment Finance Group transitioned from a standalone business to one of many financial products available to SunTrust customers.... read more
Monitor 100 2015
As HP evolves from a technology company into two Fortune 500 companies, Irv Rothman, president and CEO of HP Financial Services, takes a look at the unique ability of a captive financing provider to help accelerate business transformation.... read more
Monitor 100 2015
As he takes the reins from industry legend Ed Dahlka, newly appointed president of MB Equipment Finance David M. Drury discusses his vision for the company formerly known as Cole Taylor Equipment Finance. He looks back on the 12 years he spent with GE Capital and envisions what the future may hold for the industry when the “800 pound gorilla” is gone for good.... read more
Monitor 100 2015
In the Monitor 100 issue, mystery writer Dexter Van Dango takes a look at the planned divestiture of GE Capital, examining the financial division’s rise from an appliance financing option to a systematically important entity, and gives his best guess as to what may lie on the hazy road ahead.... read more
In a Q&A with monitordaily, Conrad J. Eimers, president and COO of Vision Financial Group (VFG), discusses the out-of-the box approach he takes when bringing on new customers, moving into new industries and financing new types of equipment.... read more
As baseball season gets into full swing, Linda Kester compares prospecting to America’s favorite pastime. She says leasing professionals who prepare a great opening statement, listen carefully and ask important questions will close more deals. There are many ways to score in baseball and in leasing, but preparation is vital.... read more
Dexter Van Dango provides a step by step to follow to take advantage of the long term benefits and annuities of a well-run vendor finance platform.... read more
May/June 2015
Monitor contributor Andrew Alper discusses the enforcement of automatic renewal or evergreen clauses in the leasing industry. He argues that while the court may uphold the lessor’s right to enforce these clauses, this practice comes with the risks of damaging a lessor's reputation and encourages further regulation in the industry.... read more
May/June 2015