As the secured finance industry faces rapid technological advances and economic challenges, Solifi has named Dan Corazzi as its new CEO to lead the company through its next chapter. Corazzi, a seasoned enterprise software executive with a 25-year track record,... read more

January 2025

Mark Johnson, the newly appointed CEO of Orion First, brings decades of experience and a passion for empowering businesses to thrive. In a Q&A with Rita E. Garwood, editor in chief of Monitor, Johnson discusses his leadership vision, the trends... read more

January 2025

array(1) { [0]=> array(4) { ["photo"]=> int(102454) ["name"]=> string(15) "Rita E. Garwood" ["title"]=> string(16) "Editor in Chief " ["company"]=> string(7) "Monitor" } } article

The equipment finance industry demonstrated resilience and adaptability in 2024, navigating economic headwinds, regulatory changes and heightened competition. Banks played a pivotal role in these developments, with some scaling back operations and others expanding their presence and reinforcing their commitment... read more

array(1) { [0]=> array(4) { ["photo"]=> int(102738) ["name"]=> string(14) "Brianna Wilson" ["title"]=> string(15) "Managing Editor" ["company"]=> string(7) "Monitor" } } article

Monitor’s 2024 Bank 50 companies collectively reported $304.3 billion in 2023 net assets — a $6.7 billion (2.3%) increase from the nearly $297.6 billion the group reported in 2022 — and $97.5 billion in originations — a $3.5 billion (3.5%)... read more

PrivateCap has officially launched as a new funding platform designed to unlock fresh capital for the equipment finance industry by connecting institutional investors with originators focused on small and mid-market leases and loans. Founded by industry veterans Bill Phelan and... read more

October 28, 2024

Rosenthal & Rosenthal, a family-owned commercial finance company, recently made a significant move to bolster its services by acquiring the U.S. assets of Accord Equipment Finance. In a conversation with Monitor’s’s Editor-in-Chief Rita Garwood, Paul Schuldiner, Chief Lending Officer, and... read more

October 25, 2025

The Federal Reserve announced an interest rate decrease of 50 basis points, its first rate cut in over four years. In a statement, the Fed noted that the rate of inflation has declined and that the committee will continue to... read more

September 2024

array(1) { [0]=> array(4) { ["photo"]=> int(102454) ["name"]=> string(15) "Rita E. Garwood" ["title"]=> string(15) "Editor in Chief" ["company"]=> string(7) "Monitor" } } article

Many lenders have shifted their go to market strategies in the equipment finance space over the last year or so. In a few examples of this trend, in Q3/23, Key Equipment Finance exited its commercial and municipal vendor finance business;... read more

array(4) { [0]=> array(4) { ["photo"]=> int(103074) ["name"]=> string(12) "Neal Garnett" ["title"]=> string(56) "Chief Commercial Officer & Member of the Executive Board" ["company"]=> string(3) "DLL" } [1]=> array(4) { ["photo"]=> int(103077) ["name"]=> string(10) "Eric Gross" ["title"]=> string(23) "Chief Operating Officer" ["company"]=> string(12) "Dext Capital" } [2]=> array(4) { ["photo"]=> int(103076) ["name"]=> string(13) "David O'Neill" ["title"]=> string(22) "Head of Vendor Finance" ["company"]=> string(11) "Wells Fargo" } [3]=> array(4) { ["photo"]=> int(103075) ["name"]=> string(13) "Justin Tabone" ["title"]=> string(29) "SVP, Vendor Equipment Finance" ["company"]=> string(33) "EverBank Vendor Equipment Finance" } } article

How has the economy and the geopolitical environment impacted your team and your vendor partners this year? NEAL GARNETT: End user demand has generally been softer than in the recent post-Covid years. Vendor partners need to keep their production lines... read more

array(2) { [0]=> array(4) { ["photo"]=> int(102454) ["name"]=> string(15) "Rita E. Garwood" ["title"]=> string(15) "Editor in Chief" ["company"]=> string(7) "Monitor" } [1]=> array(4) { ["photo"]=> int(102738) ["name"]=> string(14) "Brianna Wilson" ["title"]=> string(15) "Managing Editor" ["company"]=> string(7) "Monitor" } } article

THE MONITOR TEAM HAS BIG NEWS! While I will still be actively involved with guiding Monitor’s content behind the scenes, I will be shifting my primary focus to our ABF Journal publication going forward. To kick off our NextGen issue,... read more

array(1) { [0]=> array(4) { ["photo"]=> int(94521) ["name"]=> string(15) "Rita E. Garwood" ["title"]=> string(15) "Editor in Chief" ["company"]=> string(7) "Monitor" } } article

The 2024 Monitor 100 companies reported net assets of $602.5 billion, new business volume of $223.4 billion and 31,155 employees. The collective net assets of the group continued growing at a steady rate of 5.8%, a nominal decrease from 2022’s... read more

array(1) { [0]=> array(4) { ["photo"]=> int(102454) ["name"]=> string(15) "Rita E. Garwood" ["title"]=> string(15) "Editor in Chief" ["company"]=> string(7) "Monitor" } } article

The business of financing equipment has evolved over the years. In the early days, equipment-centric leasing with structures tailored to a customer’s unique needs were the norm. But as the industry grew legs and established its legitimacy, a shift took... read more

array(1) { [0]=> array(4) { ["photo"]=> int(94521) ["name"]=> string(15) "Rita E. Garwood" ["title"]=> string(15) "Editor in Chief" ["company"]=> string(7) "Monitor" } } article

The Monitor 100 looks different this year. Since 2016, a U.S. bank affiliate has occupied either the No. 1 asset or volume ranking (or both). But this year, the No. 1 company in both categories is John Deere Financial. Although... read more

array(1) { [0]=> array(4) { ["photo"]=> int(72653) ["name"]=> string(15) "Rita E. Garwood" ["title"]=> string(15) "Editor in Chief" ["company"]=> string(7) "Monitor" } } article

Change is messy. When many teams start a transformation project, they often believe that they can forge a direct path from their current state of being to their intended future state. Unfortunately, that is rarely the case. Factors that just... read more

array(1) { [0]=> array(4) { ["photo"]=> int(55232) ["name"]=> string(15) "Rita E. Garwood" ["title"]=> string(15) "Editor in Chief" ["company"]=> string(7) "Monitor" } } article

More than 200 attendees came together in Nashville, TN, for the Equipment Leasing and Finance Association’s 2024 Women’s Leadership Forum. This year’s theme, “Breaking Barriers & Shaping the Future,” featured sessions designed to empower women in leadership and help them... read more