Wells Fargo Equipment Finance reported $16.1 billion in 2018 new business volume — just enough to steal the crown from Banc of America Leasing in the volume ranking. However, Wells Fargo’s hold on the volume title may be short lived. With leads of only $152.6 million over Banc of America and $236.2 million over John Deere, it could be anybody’s game next year. In the asset ranking, Banc of America tightened its hold of the top notch, expanding its lead to $4.9 billion, up 81.4% from its $2.7 billion lead last year.... read more

June 2019

Trying to get a read on current technology can be difficult enough, but trying to predict where it’s going, especially for a non-expert, can seem impossible. Monitor interviewed six executives from different software companies to provide a guide to both current and future digital trends.... read more

August 2019

Steve Grosso, Jim Teal and Adam Warner sat down with Monitor for this year’s roundtable where they covered their experiences from 2018, the technological advances they’re seeing disrupt the industry and both the trouble and potential that could be coming down the pipeline for the industry.... read more

May/June 2019

Spring brings with it an influx of new and returning conferences after the long, gray doldrums of winter. The ELFA this year hosted two major meetings: its 18th annual Investors Conference on Equipment Finance with co-host IMN and its 2nd annual Women’s Leadership Forum, an initiative born of the organization’s new focus on growing diversity within the equipment finance industry.... read more

May/June 2019

In our personal lives, many of us use cloud storage programs like Dropbox and Gmail to enable us to login anywhere and find our stuff. Equipment finance businesses, however, have often lagged behind, using outdated technological solutions for data storage. Katie Emmel examines some of the options companies have for moving into the cloud era, advising them to study their choices before picking the one that is right for their needs.... read more

May/June 2019

For the most part, the top vendor players sustained their dominance, with the top eight companies maintaining their same positions from last year. However, a few newcomers and smaller gains shook up the rest of the vendor players, with Eastern Funding returning to the list after a brief hiatus in 2018 and Ascentium Capital cracking the top ten for the first time.... read more

May/June 2019

When we experience something new and feel that we’ve experienced it before, we call it déjà vu. But vuja de, the act of looking at something familiar with fresh eyes, is what can most benefit the equipment finance industry. Deborah Reuben takes a look at ways firms are enacting their own version of vuja de, especially when it comes to technological innovation.... read more

May/June 2019

In retail, they say the customer is always right, but how is that idea being translated into other industries? Is your company actively seeking out customer feedback or encouraging its leadership to sit in on discussions with current or potential clients? If not, you may be missing out on key customer priorities or making costly mistakes. Consultant Kim Proctor looks at some common customer experience pitfalls and offers advice on how to create a happier clientele.... read more

March/April 2019

In Monitor’s inaugural column focused on equipment leasing brokers, Sheri Bancroft, vice president of Bancroft Leasing and current president of the AACFB, takes a back-to-basics approach and examines the best ways brokers can build relationships with clients and funders and, in turn, build a successful business.... read more

April 2019

In Monitor’s very first brokers roundtable, Paul Burnham, Gerry Oestreich and Spencer Richman give us the rundown on building and maintaining better relationships between funding sources and third-party originators.... read more

March/April 2019

“Consistency” could be the official motto of the equipment finance universe, as financers and lenders saw steady or even improved business over the last year. For this year’s Funding Sources Roundtable, reps from Dakota, Amur, Marlin, Global Financial & Leasing Services, Boston Financial & Equity and Wintrust discussed how they maintained such reliable standards in the past and how they aim to do it in the future.... read more

March/April 2019

Despite historically operating as a niche industry, equipment finance has seen an explosion of interest from banks and other financial institutions over the last few years. Chad Hutchison speaks on this phenomenon and the ways technology can give a leg up to new players trying to break into the market.... read more

March/April 2019

Many of our Top Independents this year are returning champions in the business, but that doesn’t mean any of them plan on resting on their laurels any time soon. New technology, new industry startups and the possibility of slowing growth mean all five of our best performing independents have had a busy 2018, along with plenty of plans for 2019 and beyond.... read more

March/April 2019

Despite a year of tariffs, trade wars and increased interest rates, Monitor’s Top Private Independents had a remarkably successful 2018, with a net year-over-year volume increase of 17.2%. Three of the top independents saw new business volume of over $1 billion, while Amur Equipment Finance broke into the top five for the first time.... read more

January/February 2019

Ken Weinberg takes a metaphorical trip around the country as he examines the ways cross-state transactions can be affected by each individual state’s laws and how companies can prepare themselves to address the subsequent issues in a lease. ... read more

January/February 2019