Editor’s Picks

Five Steps to Adopt and Maintain Diversity, Equity and Inclusion

Monitor’s Best Companies in the DE&I category share examples of how establishing a companywide definition of diversity, equity and inclusion and maintaining best practices that truly matter to and benefit their employees and communities have led to organizational success.... read more

Leading The Way: Lenders Weigh in on ESG in Equipment Finance

The equipment finance industry can lead customers, clients and other equipment finance companies toward an electrified, emissions free and sustainable future. Monitor sat down with six industry professionals to discuss how we can achieve these goals while advancing profitability.... read more

Ending the DE&I Debate: Critical Focus Areas for Equipment Finance

Diversity, equity and inclusion have become politicized. How do we address injustices while maintaining a commitment to fairness? Eric McGriff outlines nine critical focus areas for equipment finance.... read more

Lytle Brings a New Perspective to Equipment Finance

As the first woman to lead the ELFA, Leigh Lytle brings a new voice and outlook to the industry. In an interview with Monitor, she identifies seven opportunities and challenges the equipment finance industry faces today and outlines the association’s goals to address them. ... read more

New Sprouts Appearing from Deep Roots

When the equipment leasing industry was created, leasing was the go-to product. But as time went on, the industry morphed into a subset of secured lending. Paul Bent explores the cycles of the industry and says as market conditions shift, the old roots of yesteryear may be giving rise to a new generation of lessors.... read more

A Conscious Conversation About Unconscious Bias in Equipment Finance Tech

Unconscious bias is widely pervasive, including within the technology we use. Identifying and eliminating unconscious bias in artificial intelligence, data sets and other technology applications in the equipment finance industry is an evolving conversation. Keelie Fitzgerald of Odessa and Lisa Nowak of Solifi discuss unconscious bias as it relates to equipment finance technology and offer ways to reduce or eliminate it.... read more

Choices, Changes & Challenges: What Technology Taught Us in 2020

Strenuous circumstances provoke necessary adaptation to ensure survival and success. The COVID-19 pandemic presented unique obstacles for the equipment finance industry, which was an industry already in the midst of change. Leaders from four financial technology companies share how, in 2020, technology became paramount to the path forward.... read more

A Tale of Two Vendor Channels

This year’s ranking of the Monitor’s top 40 players in the vendor channel illustrates an almost even split in performance, with 19 respondents reporting net gains and 21 posting declines. With collective vendor channel originations of $39,958.8 million, the group performed better than many anticipated this time last year with a net decline of 3.2%.... read more

Can Independents and Banks Compete For Business with a Consumption Model?

The drive toward consumption or pay-for-use models in equipment finance is well underway and to keep up, independent and bank lenders need to determine how to fit such offerings into their arsenals. Dexter Van Dango explores just how realistic such an endeavor can be. ... read more

Ego Aside: The Only Way to Pursue Succession Planning

As the equipment finance industry’s long-time leaders retire, it’s vital to have a solid succession plan in place. Paul Menzel shares five important steps involved in this process and encourages current leaders to mentor the leadership teams of tomorrow while stepping aside to provide ample opportunities for them to develop skills and learn from mistakes. ... read more

Creativity Transcends Tradition: Equipment Finance’s Future Must be People-First and Customer Obsessed

A group of this year’s Monitor NextGen Leaders share their ideas for improving the equipment finance industry. They believe that by embracing creativity over tradition and coming together to learn from each other’s digital transformation experiences, members of the equipment finance industry can create a customer-obsessed space that attracts the innovative young talent needed for the industry’s next chapter.... read more

From Master to Servant: How Honour Capital Breaks the Business-Lending Market Mold

Since its launch in 2020, Honour Capital has worked on enhancing its foundation of servant leadership and covenant-based relationships to bring change to the business lending sector. In 2021, the company is poised to break the $100 million funding mark while expanding its ability to help clients. ... read more

The Evolving Equipment Leasing Landscape: Four Investment Trends to Watch in 2021

Monitor caught up with Eric Hanson to talk about four major trends that will shape investment in the equipment finance industry in 2021. As large financial institutions refine their approach to the market and institutional investors continue to favor equipment asset class gains, investors have gained the benefit of premium returns, while equipment finance companies enjoy unprecedented access to capital. ... read more

Funding Source Insight: Post-Pandemic Access to Capital

Monitor checks in with leaders from two banks that provide capital to equipment finance companies. They talk about the biggest challenges their clients faced in 2020 and what it takes to get a deal done in today’s environment. ... read more

M&A Activity To Pick Up In Second Half Following Covid-19-Triggered Slowdown

M&A activity almost came to a halt in 2020, but 2021 has kicked off with a flurry of activity. James Jackson reviews the notable transactions of the last year and says future economic indicators point to continued M&A activity in 2021 as well as strong valuations of quality equipment finance companies.... read more

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Terry Mulreany
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