Leigh Lytle wasn’t in the market for a new role when a recruiter approached her about interviewing for the position of president and CEO of the Equipment Leasing and Finance Association. Thinking back to that initial call from a recruiter,... read more
Jan/Feb 2024
DE&I – BEST COMPANIES IN EQUIPMENT FINANCE Diversity, equity and inclusion are fundamental to how Arvest Bank activates all areas of its organization. With people at the heart of the company, Arvest grounds its DE&I principles in how to best... read more
Jan/Feb 2024
The United Nations Climate Change Conference, COP28, raised many important questions surrounding the way forward for global economies to address the negative impacts of climate change as we look toward the future. Monitor asked six equipment finance professionals at the... read more
Jan/Feb 2024
As 2023 enters its last leg, brokers find themselves in a unique position. As banks tighten lending standards, more opportunities are becoming available for third party originators (TPOs) who can help borrowers navigate the ins and outs of commercial finance.... read more
Sept/Oct 2023
Recently retired after a 35-year career in the equipment finance industry, including the last 25 years at Fifth Third’s Equipment Finance Capital Markets Group, I’m excited to announce the launch of a new series of articles in upcoming issues of... read more
Mar/Apr 24
Eric Miller is leading Ansley Park Capital, backed by funds managed by the alternative credit strategy of alternative investment manager Ares Management. Monitor editor in chief, Rita Garwood, sat down with Miller to discuss the current state of the equipment finance... read more
March 2024
More than 200 attendees came together in Nashville, TN, for the Equipment Leasing and Finance Association’s 2024 Women’s Leadership Forum. This year’s theme, “Breaking Barriers & Shaping the Future,” featured sessions designed to empower women in leadership and help them... read more
Mar/Apr 2024
Diversity, equity and inclusion efforts are under fire again, and corporate America is split. Some companies are boldly and proudly standing up against the backlash, while other companies are quietly cracking under the pressure. The hard and fast truth is... read more
Mar/Apr 2024
Monitor Suite members can download a copy of the 2023 Monitor 100 charts in PDF or Excel form here. This year’s Monitor 100 companies reported net assets of $555.9 billion, new business volume of $216.6 billion and 26,609 employees. The... read more
Monitor 100 2023
Conference season is already in full swing as I write this letter. I was in Orlando a few days ago to attend the AACFB Commercial Finance Expo to learn more about the opportunities and challenges brokers are facing today. In... read more
Sept/Oct 2023
Our industry can and will benefit from having more women in leadership positions. Spaces that are inclusive of people from various backgrounds — gender, ethnicity, etc. — naturally culminate in a broader set of ideas, which gives companies more options... read more
Nov/Dec 2022
In the wake of turmoil that rocked the banking industry in 2023, many regional banks shut down or scaled back their equipment finance divisions. Scott Preiser, senior vice president, client partner and recruiter at Molloy Associates, an executive search firm... read more
Mar/Apr 2024
As I predicted in this space last year, M&A activity in 2023 had its share of challenges with a limited number of transactions taking place. The economic environment that created a dismal M&A market for equipment finance companies in 2022... read more
Mar/Apr 2024
Change is messy. When many teams start a transformation project, they often believe that they can forge a direct path from their current state of being to their intended future state. Unfortunately, that is rarely the case. Factors that just... read more
Mar/Apr 2024
Over two centuries ago, Americans began to move westward to make money on the other side of the Mississippi River. This movement was primarily opportunity-based; the western United States offered untapped resources, more land, more freedom and a chance to... read more
Jan/Feb 2024 2024
An audience poll at Converge 2023 revealed that most equipment finance leaders view innovation as imperative for the industry. Many companies are either planning or in the process of digital transformation initiatives. Innovation means change. Change often triggers fear. A... read more
Mar/Apr 2024
This article demonstrates another slice in the life of a leasing salesperson: a fictitious sales call with a prospect. This could be a face-to-face sales call or a quick phone call to see how the customer is doing, designed to... read more
Jan/Feb 2024 2024
“Just gimme money…that’s all I want.” (John Lennon) This article addresses a relatively untapped source of borrowers and lessees that may be overlooked in the financer’s traditional marketing quests. John Lennon wasn’t the first musician to articulate that sustaining a... read more
Mar/Apr 2024
The first flowers of spring are beginning to break through the soil just outside my front door, but the chill of winter is still in the air. Will we get a snowstorm next week or a sunny spring day? This... read more
Mar/April 2024
Blake Anderson, Amur Equipment Finance Sarah Kelly, Dedicated Financial GBC Megan Myo, LTi Technology Solutions Srishti Sinha, Fleet Advantage Ryan Bohlert, Stonebriar Commercial Finance Audrey Kent, First Financial Equipment Leasing Michael Mousdale, Alfa Courtney Slata, Odessa Rori Dismang, Mitsubishi HC... read more
May/June 2023
It’s 2073 and we’re looking at the latest edition of Monitroid, the most well-read and respected info-feed in the $380 trillion equipment leasing industry — its 100th anniversary info blast. So plug in your brain chip, sit back and enjoy... read more
Monitor 100 2023
This year, Monitor’s Top 30 Private Independents reported a 14.9% year over-year growth in new business volume — just half of last year’s 30.8% year-over-year growth, which was the second-highest reported in the ranking’s history. Despite the dramatic drop in... read more
Mar/Apr 2024
The landscape for funding sources has shifted a great deal over the last year. With interest rates at the highest level recorded in more than a decade, turmoil in the banking industry after several notable bank failures in 2023, and... read more
Mar/Apr 2024
This article demonstrates another slice in the life of a leasing salesperson: a fictitious sales call with a prospect. This could be a face-to-face sales call or a quick phone call to see how the customer is doing, designed to... read more
Jan/Feb 2024 2024
An audience poll at Converge 2023 revealed that most equipment finance leaders view innovation as imperative for the industry. Many companies are either planning or in the process of digital transformation initiatives. Innovation means change. Change often triggers fear. A... read more
Mar/Apr 2024
In the wake of turmoil that rocked the banking industry in 2023, many regional banks shut down or scaled back their equipment finance divisions. Scott Preiser, senior vice president, client partner and recruiter at Molloy Associates, an executive search firm... read more
Mar/Apr 2024