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2024 was marked by a number of trends that Ken Martin, managing director of First Citizens Bank Equipment Finance, believes will influence the future of trucks and trailers. “Overall freight volumes continue to be pressured amid falling trucking capacity, but... read more

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The world of information technology and related services is rapidly evolving. Of the equipment types the Monitor reports on, it experienced the most growth from 2022 to 2023, more than doubling year over year. In 2023, the IT services market... read more

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The industrial and manufacturing sector is experiencing significant shifts, but the potential for a recession adds complexity to the outlook, Nicholas Sandler, CEO of Stonebriar Commercial Finance, says. The need for supply chain resiliency and geopolitical stability continue to drive... read more

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The North American agricultural industry consists of production agriculture and hobby farmers, according to DLL’s head of global program management, food and agriculture, Ken Whitelaw. In terms of the production agriculture segment, Whitelaw anticipates continuing challenges ahead, with 2025 mirroring... read more

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Q: How do you ensure your services and products are aligned with the evolving needs of your customers?   A: TD Equipment Finance (TDEF) aligns our services with evolving customer needs by actively engaging with clients and offering customized flexible... read more

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Q: How do you ensure your services and products are aligned with the evolving needs of your customers? A: Our approach focuses on flexibility and responsiveness. We offer fixed-rate loans to provide cost predictability, which is crucial for contractors when... read more

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Q: How do you ensure your services and products are aligned with the evolving needs of your customers? A: Wintrust Asset Finance (WAF) takes a focused approach to these market segments by dedicating resources to each industry sector we serve.... read more

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The construction industry faced a number of challenges in 2024; major players grappled with the complexities of economic pressures and headwinds, interest rate hikes (prior to the Fed’s rate cut), cash flow and operational challenges and equipment-related challenges. “Although election... read more

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The world of technology and innovation is moving extremely fast. Many have expressed their concerns with keeping up, especially in an industry that’s far behind others in terms of innovation. In our continued exploration of innovation and technology solutions, the... read more

array(4) { [0]=> array(4) { ["photo"]=> int(103370) ["name"]=> string(14) "Nancy Pistorio" ["title"]=> string(9) "President" ["company"]=> string(15) "Madison Capital" } [1]=> array(4) { ["photo"]=> int(103373) ["name"]=> string(10) "Mitch Rice" ["title"]=> string(3) "CEO" ["company"]=> string(26) "Commercial Capital Company" } [2]=> array(4) { ["photo"]=> int(103372) ["name"]=> string(11) "Saurin Shah" ["title"]=> string(9) "President" ["company"]=> string(24) "MidCap Equipment Finance" } [3]=> array(4) { ["photo"]=> int(103371) ["name"]=> string(14) "Peggy Tomcheck" ["title"]=> string(9) "President" ["company"]=> string(21) "Aspen Capital Company" } } article

How would you characterize new business volume in 2024? Have you seen any noticeable shifts during the first half of the year? NANCY PISTORIO: We have noticed a decline in originations in the first six months of 2024 as compared... read more

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What is a Reverse Carry Trade? A reverse carry trade occurs when investors borrow money in a high-yield currency and invest in a low-yield currency. This is the opposite of the traditional carry trade, where investors borrow in a low-yield... read more

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Although the vendor channel experienced growth in 2023, its 6% rate of growth was significantly lower than the rates achieved in the past two years of 14.6% and 10.9%, respectively. The top 40 companies reported nearly $54.6 billion in vendor-dealer... read more

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Converge 2024’s NextGen award winner, Jillian Munson, is proof that the future of equipment finance is in more-than-capable hands. Munson has worked in the industry her entire career, having found QuickFi during her post-graduation job search. As someone who grew... read more

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In our fifth annual NextGen issue, we highlight equipment finance’s up-and-coming leaders who are well on their way to being the executives of the future. These rising stars share their thoughts on the biggest challenges and opportunities the industry faces... read more

array(5) { [0]=> array(4) { ["photo"]=> int(102293) ["name"]=> string(9) "Dave Fate" ["title"]=> string(3) "CEO" ["company"]=> string(29) "Stonebriar Commercial Finance" } [1]=> array(4) { ["photo"]=> int(102294) ["name"]=> string(10) "Dave Lyder" ["title"]=> string(3) "EVP" ["company"]=> string(59) "Ascentium Capital Group Manager, a Division of Regions Bank" } [2]=> array(4) { ["photo"]=> int(102295) ["name"]=> string(14) "Marcio Pedroso" ["title"]=> string(9) "President" ["company"]=> string(24) "Volvo Financial Services" } [3]=> array(4) { ["photo"]=> int(93774) ["name"]=> string(19) "William C Perry III" ["title"]=> string(37) "Executive Vice President & Group Head" ["company"]=> string(37) "Regions Equipment Finance Corporation" } [4]=> array(4) { ["photo"]=> int(101493) ["name"]=> string(15) "Bill Stephenson" ["title"]=> string(3) "CEO" ["company"]=> string(14) "PEAC Solutions" } } article

As interest rates surged and regulations tightened, many banks retreated from the equipment finance and leasing sector. This new course in economic cycles created a divergence among companies — some seizing opportunities for success, while others faced critical challenges. Amidst... read more