Author Bio

Rita Garwood

Editor in Chief of Monitor

Rita E. Garwood is editor in chief of Monitor.

Posts by Rita Garwood

Joe Nachbin: Veteran – The Deal Whisperer

Joe Nachbin’s passion for equipment finance was so strong, he remained dedicated to his work until two hours before he passed away in July 2022, according to his wife, Ruby Nachbin. Attorney and investment banker, Paul Bent, senior managing director... read more

Emerging Trends in Equipment Finance: Innovating Today to Compete in a Connected, Automated World

Technology has changed so many aspects of our daily lives, from the way we work to the way we shop and interact with friends, family and colleagues. But equipment finance, for the most part, hasn’t experienced a dramatic impact from... read more

2022 Monitor 100: Navigating Ongoing Unpredictability

The Monitor 100 companies reported net assets of $531.2 billion, $209.1 billion in new business volume and 27,897 employees. Portfolios remained stable in 2021, with an overall growth rate of 0.9% for the group, a slight improvement from the -0.8%... read more

Optimizing Access to Capital: Examining Bank Funding Options for Independents

A theme that always comes up in discussions with independent equipment finance companies is access to reliable and affordable capital. Monitor sat down with Kyle Shenton, managing director of the structured products group at Regions Bank, and Brock Wolf, managing... read more

The Goose with the Golden Egg: Retaining the Value of an Acquired Equipment Finance Company

When mergers or acquisitions are on the table, many companies tend to focus on the financial side, paying particular attention to growth rates, returns and market expansion. Although cultural fit is also always listed as a top priority, sometimes what... read more

Chasing Yield: Buyers Set Their Sights on Equipment Finance

When we started planning this issue of Monitor, I asked our editorial board about the major trends affecting independent equipment finance companies today. The very first response I received was, “Who’s left?” Many of us noticed an uptick in acquisitions... read more

Building a Global Brand on a Solid Foundation: Stephenson Sets Out to Create the Most Efficient Digital Vendor Finance Company

After devoting his life to DLL for 35 years and successfully navigating it through the COVID-19 pandemic, Bill Stephenson reflected about what else he could do for the company. “I always say, ‘If you wake up every morning and you’re... read more

Hammering the Glass Ceiling: Women Must Advocate for Each Other to Make Permanent Change

Only five (5%) Monitor 100 companies are led by women, and just like most companies’ C-suites, equipment finance industry events have historically been male-dominated as well, which is a trend the Equipment Leasing and Finance Association’s Women’s Council has set... read more

The COVID-19 Pandemic’s Impact on Women of Color

The COVID-19 pandemic has affected everyone in one way or another, but according to the Society of Women’s Health Research, COVID-19 has amplified social inequalities, particularly for women of color.1 While it’s important to remember that each person has a... read more

STRIPES Inspires Change & Transformation Through Leadership Development

During her keynote address at the Equipment Leasing and Finance Association’s 60th Annual Convention, leadership expert DeDe Halfhill noted that more than 60,000 books on leadership are available on Amazon. Clearly, leadership is an important topic many people are trying... read more

Creating Safety and Inclusivity for Mental Health

Although it might not be top of the inclusivity list for employers, employee mental health must be a priority. “Mental health challenges are real, and they affect someone’s thinking, feelings and behavior,” Charles Hill Jr., who recently left the equipment... read more

2021 MONITOR 101+ Smaller Group Achieves 23.3% Portfolio Growth

The second annual Monitor 101+ group, comprised of two Captives, 17 Independents and 13 U.S. Bank Affiliates, reported $2,866.7 million in net assets, $2,166.8 million in new business volume and 834 employees in 2020. Although this year’s group of companies... read more

Doing the Work: Diversity Leaders on Creating a Culture of Inclusion

Creating a culture of diversity, equity and inclusion takes intentional effort, and as companies place more importance on DE&I initiatives, many are hiring leaders to spearhead efforts, or in the case of companies like DLL, which has offices across the... read more

Standing Out: Auxilior Capital Partners Unveils Innovative, Service-Based Supply Chain Sales Model Built on People and Technology

The first thing you see when you walk through the door of Auxilior Capital Partners’ office is the company’s logo, which features a scarlet prancing bull in the center of a cobalt shield, flanked by a pair of crossed swords,... read more

Innovating Apart Requires a People-First Mindset and Facilitative Leadership

We were all thrown headfirst into remote work in 2020. For many it was a new experience that came with various hurdles. During the breakout session, “Leading the Future of Work — Innovating Apart,” at the Equipment Leasing and Finance... read more

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