An Intersection of Risk and Reward: Where the Sharing Economy and New Equipment Finance Models Meet

Sharing economy business models are beginning to gain traction in the B2B equipment space, despite the challenges. As IoT, machine learning and software applications continue to converge into product design, Patricia Voorhees and Diane Croessmann expect a rapid expansion of capabilities and more aggressive adoption of managed services transactions in the form of pure usage models.... read more

July/August 2018

Waves of Consistency: DiCecco Leads Huntington’s Continued Success and Growth

Huntington Asset Finance has maintained a consistent track record in the equipment finance industry over the last few years. But consistency has not bred complacency. Mike DiCecco explains how the company is adding new products and helping with the wave of the future.... read more

Jul/Aug 2018

Reshaping Lifecycle Management

Technology is changing the way fleet transportation executives and operators approach decision-making during every phase of an asset’s lifecycle. Brian Holland discusses innovations in analytics, leasing solutions and asset disposal, which have the potential to dramatically affect a company’s bottom line.... read more

July/August 2018

The Age of Omnichannel: Utilizing Technology to Meet Customers Where They Are

In a Monitor Q&A, executives from four software companies — Farooq Ghauri of NetSol Technologies, Mukul Mittal from Cloud Lending Solutions, Madhu Natarajan from Odessa Technologies and Jeff Van Slyke from LeaseTeam — discuss blockchain, AI, smart contracts, machine learning and other technology strategies for equipment finance companies.... read more

July/August 2018

Bankable Assets: Bank-Owned Equipment Finance Companies Contend with Shifting 2018

As bank-owned equipment finance companies continue to dominate the industry, they must deal with the changing times. Executives from PNC, CIT, Key and Regions offer their views on 2017 and 2018 performance, tax reform, alternative financing, technology and credit quality in the current marketplace.... read more

July/August 2018

Leasing as a Bank Product: Enhancing Profits and Customer Relationships

Banks have been jumping into the equipment finance business and now have the largest share of the market. But many banks have yet to take this vital step. With newcomers in mind, Bill Bosco covers the basics of incorporating a lease product business unit into a larger bank organization.... read more

July/August 2018

Stipulate — and Lose? The Danger of Relying on Casualty Values

A recent Bankruptcy Court oral decision has cast doubt on using casualty values in a default context. Stephen Whelan provides background on this turn of events and offers an improved solution for lessors to calculate damages and stipulated loss values.... read more

Monitor 100 2018

Digital Transformation: Is the Equipment Finance Industry Falling Behind?

John Rizzi discusses the results of The Alta Group’s digital benchmark study, revealing the drivers behind and barriers to digitalization. Overall, the industry is lagging behind other financial service sectors in the adoption of digital capabilities.... read more

Monitor 100 2018

How Will Leasing Structures Change as a Result of ASC 842?

With ASC 842 requiring all leases to be placed on balance sheet, will lease structures change to minimize the effect of the balance sheet capitalization?... read more

Monitor 100 2018

Breaking Through: F.N.B.’s Expansion Pays Off with Monitor 100 Ranking

F.N.B. Equipment Finance has worked hard to create a bigger and better equipment finance group. The effort is paying dividends, including a spot in the Monitor 100. As his group enters the rankings for the first time, President and CEO Gary Cook is well aware that future proofing is the key to making sure the company returns next year.... read more

Monitor 100 2018

Evolutions Per Minute: Mollica Leads CIT Equipment Finance Forward

With a depth of experience in the organization rivaling any of his contemporaries, Vince Mollica was the natural fit to become managing director of CIT’s Equipment Finance business. As he takes the lead for one of the biggest players in the industry, Mollica is out to put people first and continue to evolve.... read more

Monitor 100 2018

Anticipating the Inevitable: When Will the Economic Expansion End?

Monitor has reported on six U.S. recessions during its 44 years in print. On the wings of the second-longest economic expansion in U.S. history, Dexter Van Dango asks the question lingering in the back of our minds: When will the next recession hit?... read more

Monitor 100 2018

A Family Affair: Skalicky on Building a Bank as a Community

Kelly Skalicky grew up with Stearns Bank. Now she is the president of the company. With a varied background as her foundation, she is uniquely qualified to continue the success her parents built at Stearns and position it for the future, all while maintaining a focus on small business customers.... read more

Monitor 100 2018

Equipment-Backed ABS: Continued Strength Contributes to Increase in Independent M&A Activity

Thanks to strong performance, equipment-backed ABS has been an investor favorite for the last few years, but new competition may be on the horizon. Sergey Moiseenko and Chuck Weilamann from rating agency DBRS provide an overview and outlook for the sector.... read more

Monitor 100 2018

The New Definition of Success: Evolving Vendor/Captive Finance for a Fintech Future

While fintech equipment finance is currently in stealth mode, The Alta Group expects efficient, well-designed fintechs to make their mark on the industry very soon. With the help of her colleagues, Patricia Voorhees explores what this will mean for vendor and captive finance companies.... read more

May/June 2018