The Equipment Leasing and Finance Association and the Equipment Leasing & Finance Foundation co-hosted an hour-long webinar, “Coronavirus and the U.S. Economy: Implications for the Equipment Finance Industry.” The April 15 event generated more than 875 attendees and featured the... read more
May/June 2020
In equipment finance circles, we’ve discussed digital disruption and the innovation imperative for a while. Disruption is one thing when it’s a deliberate innovation pursuit, but it can be devastating when unplanned. This year, COVID-19 disrupted us all in some... read more
October 2020
What happens when it’s time to wind down your broker business and prepare for retirement? Bud Callahan walks through the steps to consider while making the decision and shares the wisdom he has learned from his exit journey. Many of... read more
Mar/Apr 2020
Allison Conley’s favorite thing about being assistant finance manager at LEAF Commercial Capital is having very hard problems to solve. “I never get bored,” Conley says. Finding new challenges is a driving force in her career. “The opportunity to keep... read more
October 2020
The Equipment Leasing and Finance Association and the Equipment Leasing & Finance Foundation co-hosted an hour-long webinar, “Coronavirus and the U.S. Economy: Implications for the Equipment Finance Industry.” The April 15 event generated more than 875 attendees and featured the... read more
May/June 2020
How has COVID-19 impacted your team and your vendor partners? Can you share any challenges or success stories that you have encountered in the wake of the pandemic? Jim Kelly: These unprecedented times have challenged our team, our customers and... read more
May/June 2020
The medium- to long-term challenges and opportunities of the post-COVID-19 world are now coming into view. The virus did not remake business models but accelerated the adoption of market trends already in place, including digital transformation, managed services and environmental,... read more
October 2020
As a small business lender, Marlin Capital Solutions was in the middle of the storm when it came to the coronavirus pandemic’s effects on the economy. We not only faced the effects of the pandemic on our own workforce, but... read more
2020
The annual ELFA Lease and Finance Accounting Conference was held recently in Chicago, September 16-18. While it is well over three years since the new U.S. and international lease accounting standards, ASC 842 and IFRS 16, were issued, it is... read more
October 2019
With the onslaught of the COVID-19 pandemic and the resultant torrent of loan defaults, secured lenders are scrambling to determine their remedies. Of course, foreclosure is a key mechanism of enforcement at the forefront of the minds of secured lenders.... read more
October 2020
Moritt Hock & Hamroff has been following the impact of the COVID-19 pandemic on creditors’ rights. On May 21, 2020, it reported on the pandemic’s impact on Uniform Commercial Code (“UCC”) Article 9 sales — specifically, whether Article 9 sales... read more
July/August 2020
The top five players in the Monitor 101+ ranking — a captive, two bank affiliates and two independents — commanded 30% of the total market share and contributed 20.4% of the collective total new business volume of the Monitor 101+... read more
Sept/Oct 2020
How has COVID-19 impacted your team and your vendor partners? Can you share any challenges or success stories that you have encountered in the wake of the pandemic? Jim Kelly: These unprecedented times have challenged our team, our customers and... read more
May/June 2020
Some principles of selling have always been the same. For me, listening and confirming what a customer/prospect is asking for is my golden rule. But what is being sold today and the value proposition, technology and approach are significantly different... read more
May/June 2020
Commercial lending is incredibly behind consumer lending when it comes to technology. How can the equipment finance industry learn from the consumer space? What technology trends does the industry need to adopt to thrive as we head into 2021 and... read more
October 2020