Patrick McMullan announced the launch of ALCS Capital, an independent commercial finance company, in early 2014. Drawing upon his wealth of experience gained at AT&T Capital and CIT, McMullan and his team have set out to fill the void created by a lack of coverage on smaller scale loans in the hope of bringing the “human touch back to finance.”... read more
Nov/Dec 2014
NTEA Market Data and Research Director Steve Latin-Kasper says that despite a growth rate decline from 2012 to 2013, and the resulting caution in the first half of the year, 2015 is shaping up to be a positive perfect storm for the U.S. commercial truck and truck equipment industry.... read more
Nov/Dec 2014
GE Capital, Corporate Finance chief commercial officer Eric Dusch discusses equipment finance’s ability to foster innovation and the importance of the opportunity it affords to learn about the market and keep abreast of developments.... read more
2015
John Crum discusses Wells Fargo Equipment Finance’s Second-Half 2014 Construction Executive Survey, which reveals broad-based increases in construction activity compared to a year ago. More executives said they are seeing “somewhat higher” or “much higher” construction activity than at any time during the past five years.... read more
Nov/Dec 2014
Monitor contributor Daniel Casciato catches up with NBAA President and CEO Ed Bolen to discuss the current state of the business aviation industry. While the industry has been on a positive trajectory since the Great Recession, Bolen is keeping a keen eye on many issues going into 2015, including the reauthorization of the Federal Aviation Administration.... read more
Nov/Dec 2014
The Lamm Group Managing Partner Anthony L. Lamm explains how the Dodd-Frank Wall Street and Consumer Protection Act not only defines commercial transactions, but how it also may change what was considered a commercial transaction to a consumer transaction.... read more
Sep/Oct 2014
Monitor contributor Bill Bosco discusses two major issues discussed at a recent FASB meeting and how leveraged lease and sale leaseback accounting changes may affect the industry at large.... read more
Sep/Oct 2014
Monitor contributor Lisa Miller catches up with four industry leaders to get their take on the current economic environment, industry sentiment and pending regulations. Overall, despite excess liquidity, spread compression, increased regulation and other issues, our roundtable participants remain upbeat about future opportunities.... read more
Sep/Oct 2014
Signature Financial’s John Black delves into the franchise finance industry, explaining its evolution and the opportunities that come along with it. Overall, he notes it is an exciting time to be a lender engaged in the food service marketplace.... read more
Sep/Oct 2014
Monitor gets a pulse on the increasingly popular railcar leasing segment in an industry spotlight roundtable. Element Financial’s David McKerroll, Railroad Financial Corporation’s David Nahass and First Union Rail’s Barbara Wilson discuss why, despite uncertainty due to pending federal regulations, this 100-plus-year-old industry’s assets are so attractive in the equipment leasing and finance space.... read more
Sep/Oct 2014
When customers think of Volvo, they think of it as one entity, not separate parts of a whole, says Scott Rafkin, president of Volvo Financial Services. To develop and sustain long-lasting dealer and customer relationships, he notes the importance of seamless coordination throughout the Volvo Group. As president, he looks forward to continuing to support the legacy set by the Volvo Group’s brands.... read more
Sep/Oct 2014
Houlihan Lokey’s Tim Stute discusses the increasing M&A activity in the financial services sector and the emergence of non-bank buyers in the space. Stute notes there is an abundance of potential buyers in the market, but the reality is it’s not quite as easy as simply calling a group of bank buyers and selling to the highest bidder.... read more
Sep/Oct 2014
What happens when your sure-thing prospect falls off the radar? Linda Kester provides nine tips for leasing salespeople to bounce back when a prospect goes dark. ... read more
Sep/Oct 2014
As new CEO and chairman of the executive board, De Lage Landen’s Bill Stephenson brings 27 years of experience and a true understanding of what it means to partner with globally and culturally diverse clients. In the coming months, he looks to move the company into new segments while leading the industry in renewable asset management solutions. ... read more
Sep/Oct 2014
The financial services industry is entering unchartered territory as the economy attempts to navigate itself out of recession and into recovery. Salisian | Lee LLP partner Neal Salisian and associate H. Han Pai discuss borrowers' search borrowers for new avenues as lenders became increasingly reluctant to extend credit in the face of increased defaults and bankruptcy filings.... read more
2014