Ray Ellingsen is Vice President of Syndication and Operations, Corcentric. He has more than 25 years of experience in the syndication, equipment lease finance and commercial banking industry. At Corcentric he is responsible for growing and maintaining national funding source relationships with complementary valued-added financial institutions and equipment finance organizations, as well as developing customized, customer-focused, life-cycle fleet management financing programs.
Ray Ellingsen: Pat, it appears market pundits believe supply chain restrictions may last well into 2022 if not beyond. What general insights can you share about the near-term asset availability shortage and longer-term impact assessment? Availability forecast? Model year implications?... read more
Disruptions in supply chain throughput and labor market shortages are starting to put a crimp in anticipated equipment finance business activity. As we near the end to the third quarter of 2021 and enter the fourth, it appears that there... read more
Everyone in the heavily regulated syndicated equipment funding arena knows that each funding transaction requires signatures on more than 25 documents. While that has always been cumbersome, the restriction of public gatherings during the COVID-19 pandemic with its work-from-home mandates... read more
Here we go again! A liquidity pinch, perhaps like no other. Depending on your definition of a recession, we are in, or quickly approaching another. But keep in mind that recessions are actually considered normal business cycles. Our economy has... read more
You’ve decided it’s time to finance new trucks and trailers for your business. So how hard can it be? The truth is it’s easy to finance trucks. However, there’s a challenge, which is continually pursuing and competitively obtaining flexible financing... read more
Fleet managers and consulting professionals alike are constantly on the hunt for the drivers behind fleet management asset optimization, which can include equipment acquisition, regulatory compliance, risk and safety, maintenance management, fuel efficiency maximization, and asset tracking, to name just... read more