In October 2006, U.S. Bancorp announced it was combining five of its units into a Specialty Finance Division, providing increased and specialized service to its customers in those sectors. Sal Maglietta was appointed to run the division, which includes equipment finance, asset-based lending, healthcare banking, energy and food/agriculture banking. ... read more

October 2007

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October 2007

If the National Hurricane Center were to name a hurricane after the global credit crisis that has ravaged the markets over the past several weeks, it would be called “Lester Leverage” — a storm so strong it wipes out billions of dollars of value and sends investors running for cash shelters only to find the doors locked.... read more

October 2007

With a long-expected market correction underway, tighter credit and vanishing liquidity are pressuring consumers and borrowers throughout the economy. But are these challenges necessarily a bad thing for leasing companies? A variety of leaders in the equipment finance industry share their insights.... read more

October 2007

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October 2007

With more than 28 years on the institutional side of the equipment finance and leasing business, industry veteran Bill Fite has switched gears. In June, he was hired by MagnetBank, a de novo Utah-chartered commercial bank focused exclusively on commercial lending, to establish a national equipment finance group.... read more

October 2007

In August, a federal grand jury filed numerous charges including money laundering, bankruptcy fraud and obstruction of justice against Alan B. Fabian, the founder of Strategic Partners International and a former co-chair to Republican presidential hopeful Mitt Romney’s election committee, in the latest fraud scandal to hit the news.... read more

October 2007

Are external and internal factors affecting your ability to meet your established targets? Lessors deal with these issues on a day-to-day basis, and no matter what precautions you take, there will always be new issues to solve. Bill Bosco offers insight into how to work around the factors that impact profitability and growth.... read more

October 2007

As the world turns to a more global economy, it is important to keep your options open — especially in areas such as China and India that are working toward establishing equipment leasing industries. Here, we take a look at the opportunities in China and what newcomers can expect from that mysterious land in the Far East.... read more

October 2007

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October 2007

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October 2007

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October 2007

While today’s healthcare industry faces unprecedented challenges, some equipment leasing companies are thriving under the current conditions. One such company is US Express Leasing (USXL). The Monitor asked James McGrane, CEO of USXL, to comment on his company’s growth. He assured us that there’s no “secret sauce” to his company’s success in the healthcare marketplace. Success comes with following 
a few simple premises.... read more

September/October 2007

The federal government has proposed significant changes to the rules governing the leasing of medical equipment by physicians, which raises the question of just how much these new regulations might impact the equipment leasing industry.... read more

September/October 2007

Are assignee’s rights limited in a bankruptcy case? By looking into the recent case of In re Boyajian, 367 B.R. 138 (B.A.P. 9th Cir.), filed on March 30, 2007, we can now determine whether an assignee can submit nondischargeability claims against dishonest debtors, lessees or guarantors.... read more

September/October 2007