Lease accounting expert Bill Bosco addresses several frequently asked questions, including inquiries regarding TRAC leases, true leases and, of course, the proposed lease accounting changes.I field a lot of questions about lease accounting. I devote this article to answer a few that may have broad interest.... read more

Jul/Aug 2013

First American Equipment Finance CEO Bill Verhelle reflects on the company's acquisition by the 23rd largest bank in the U.S. and notes how the combination of FAEF's unique distribution model, similar corporate cultures and having access to capital has "dramatically exceeded" his expectations. ... read more

Jul/Aug 2013

In an exclusive interview with the Monitor on the one-year anniversary of his appointment as president of Signature Financial, Walter Rabin talks about his transition to Signature Bank and how his team of senior executives are now functioning under a new platform where the focus on the client is “relentless.” Joseph J. DePaolo, the bank's president and CEO, joins the conversation to discuss the search for a specialty finance team.... read more

June 2013

GreenRock Capital was launched with a focus on alternative energy transportation equipment financing. However, as GreenRock co-founder Steve Alexander explains, challenges in the niche led the company to expand into older transportation equipment that banks typically avoid funding and to include non-investment grade companies.... read more

June 2013

John Evans joined Bank of the West in 2005 to manage its vendor finance business. This year, he became the leader of the bank's Equipment Finance Division upon the retirement of Jerry Newell. Building on his predecessor's success, Evans' goal is to become one of the top five vendor finance companies in the U.S.... read more

June 2013

Since joining Capital One's equipment leasing and finance unit in June 2012, Dan McKew has been leading the group in a new direction that includes larger transactions with upper middle-market and investment grade credits and developing a nationwide footprint.... read more

June 2013

Approximately a year and a half ago, Equify Financial started with only two people and no office space. Despite its humble beginnings, this new Monitor 100 entrant now posts more than $200 million in annual volume and, at year end, employed more than 20 people. President Pat Hoiby credits the company's achievements to its employees and their dedication to Equify's customers.... read more

June 2013

No longer trailing in their parents’ footsteps, captives have revised their strategy for doing business in the post-recession economy. As The Alta Group's Paul Frechette explains, most captive finance firms today have the freedom to focus on intrinsic advantages and take control of opportunities as they arise.... read more

June 2013

Industry veteran Dexter Van Dango explains that in a world in which the more things change, the more they stay the same, nimble players willing to "color outside the lines" can sidestep stagnation by exploring innovative strategies to find new business volume.... read more

June 2013

Despite the underperformance in the second half of 2012, equipment & software investment will continue to be a reliable engine of growth, according to TD Bank economists Michael Dolega and Thomas Feltmate. Assuming domestic and international risks subside, TD anticipates that E&S investment will grow at annualized rates of 6.3% this year, before accelerating to 7.5% in 2014.... read more

June 2013

The Monitor catches up with Don Campbell and Steve Grosso to learn about Toronto-based Element Financial's acquisition of CoActiv Capital, now operating as Element Financial (USA). As part of the deal, Campbell and Grosso retained their roles as CEO and president, respectively, and brought along their seasoned U.S.-based leadership team.... read more

May/June 2013

As FASB held possibly its last meeting on April 10 regarding the proposed lease accounting changes prior to the expected issuance of the new Exposure Draft in mid- to late May 2013, Bill Bosco explains that the project continues to slip and the controversies surrounding the proposed new rules continue.... read more

May/June 2013

Dexter Van Dango offers his thoughts on what the future holds for vendor finance, including an increase of quasi-captives and greater acceptance for digital documents and e-signatures. What won't change, he says, is the basic key to the vendor business — building and maintaining solid relationships.... read more

May/June 2013

The Monitor asked the heads of leading vendor finance providers to discuss lessons learned from 2012 and to identify issues that are driving their decision making in 2013. We thank Ron Arrington at CIT Vendor Finance, Jeff Berg at De Lage Landen, Brian Madison at Key Equipment Finance, Paul Omohundro at Banc of America Leasing and Tim Reese at Wells Fargo Financial Leasing for sharing their insights.... read more

May/June 2013

In October, Hitachi Capital America established Hitachi Capital Canada. Before 2012 came to a close, the company acquired Hennessey Capital. In early 2013, Hitachi announced that Hennessey would offer equipment financing. ABFJ catches up with William H. Besgen, president and COO of Hitachi Capital America, Thomas Cross, general manager of Hitachi Capital’s Trade Finance Division, and Michael Semanco, president and COO of the Hennessey Capital Division, to learn more about these strategic moves.... read more

March/April 2013