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In the early 1970s, Ken Steinback was working for Minneapolis-based Fabri-Tek, a core memory manufacturer for IBM compatibles, selling add-on memory for 360 model machines. While making his rounds, he’d encounter companies that were upgrading to the new 370s, and... read more

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How did a holiday luncheon that gathered leasing industry professionals in support of charity become an international foundation fostered by some of the biggest players in the business? As Andrew Denton explains, it all started with a chat between friends... read more

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As the old adage says, if you want something done, ask a busy person to do it. That would explain how Adam Warner, president of one of the largest U.S. bank-affiliated equipment leasing companies with approximately $8.5 billion in assets,... read more

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Like many in the equipment finance industry, Michael DiCecco has benefitted throughout his career from fruitful professional relationships. He is a member of a group that came from U.S. Bank to launch Huntington’s equipment finance unit in 2001. All but... read more

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After serious consideration, working with a well-known industry consultant, BBVA Compass made the decision to launch an equipment leasing and finance unit. Part of that strategy included securing Mark Marinik to lead the new effort. Now serving as the executive... read more

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Although John Goldthorpe has been running the asset-based finance division of Chase for nearly 12 years, he is no stranger to the bank’s equipment finance business, having served as its group executive from 2002-2004. Last year, the two businesses again... read more

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When City National Bank acquired First American Equipment Finance in 2012, CEO Bill Verhelle had to adjust from running a small, independent company to life under a bank’s umbrella. He hadn’t worked at a large bank since the mid-1990s, when... read more

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   In reviewing the Monitor 100 survey data submitted by Capital One Equipment Finance, one comment in particular was an attention-grabber: “2012 was a year of change as we prepare to implement a new strategy in 2013.” Leading the charge... read more

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Although most businesses have been approaching economic recovery with cautious optimism, a steady stream of mixed financial news reflects ongoing uncertainty. While some indicators show that the economy is exhibiting glimmers of improvement, other reports suggest muted confidence in any... read more

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Copple acknowledges that his client-centric approach is what keeps him in the equipment leasing and finance game after 22 years. “It comes down to the people and the relationships that I have developed. It is rewarding to provide capital to... read more

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As they reflect on the equipment leasing and finance industry’s performance in 2012, the asset managers participating in this year’s Monitor roundtable express confidence in the overall stability of the industry, although equipment replacement trumped capacity expansion and will likely... read more

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The ambition of Rabobank, according to Tom Meredith, president of De Lage Landen’s Global Food and Ag Business Unit, is to be the world’s leading food and agriculture financial institution. Following in the footsteps of its parent, the food and... read more

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When Bank of America acquired LaSalle Bank, Edward Dahlka, founder and president of the bank’s subsidiary, LaSalle National Leasing Corporation, was told that his departure would be announced as a “retirement.” As Dahlka tells it, he might have been “close... read more

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Direct Capital returns to the Monitor 100 with a 71% increase in its vendor business and 57% increase in new business volume from 2010 to 2011. Current chairman Christopher Broom and a partner co-founded the company in November 1993, after... read more

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  As a co-founder of US Express Leasing, leader of Tygris Vendor Finance and now president of EverBank Commercial Finance, Jim McGrane has been with the company since its creation and through its various identities. In addition, he is quick... read more