Author Bio

Rita Garwood

Editor in Chief of Monitor

Rita E. Garwood is editor in chief of Monitor.

Posts by Rita Garwood

Sharing the Spotlight Equipment Finance’s Journey Toward Gender Equity

Two years ago, if you had told me that Monitor would soon publish its very first Women’s Issue, I probably would’ve laughed. It’s not that women were absent from the equipment finance industry; it was just rare to see us... read more

Material Handling Trends: Insight from Honda Supplier of the Year, Pacific Rim Capital

To recognize suppliers committed to exceeding expectations, Honda of America Manufacturing hosts the Annual Indirect Procurement Supplier Awards, an event ceremony that shines a light on the important role of these strategic partners. This year, Pacific Rim Capital (PRC) of... read more

Building a Unique Vendor Model: TIAA and GE Healthcare Add Value With Creative Co-Branding

In November, TIAA Bank enhanced its position in the healthcare space with the acquisition of a $1.5 billion portfolio of healthcare equipment leases and loans from GE Capital’s Healthcare Equipment Finance business. “The portfolio sale was very important, and that... read more

Gaining Altitude Across the Globe: Exciting Times for Business Aviation

According to GAMA’s Q2/18 aircraft shipments reports, global aircraft shipments were up while billings were down. What factors have influenced the economic state of the industry? The small- and midsize-turbine segments, along with piston-engine aircraft and turboprops, were among those... read more

Increasing Vendor Approvals: Veteran Team Launches a Multi-Funder Model at Verdant

When most people think of the word verdant, rolling hills covered with lush, deep green grass might come to mind. To this seasoned team of vendor finance experts, verdant is also the color of prosperity in the form of growing wealth... read more

Empowering Your People: Fate Leads by Listening and Learning

While we planned the first annual MVP Award, Monitor’s publisher, Jerry Parrotto, was struck by a quote from NFL legend Peyton Manning: “The most valuable player is the one who makes the most players valuable.” This quote became the touchstone in... read more

Innovate or Die: Lenders Must Partner with Tech Providers… or Face Disruption

What will financial services look like in the future? Speakers and attendees tackled this question at the 2018 Commercial Equipment Marketplace Council (CEMC) FinTech Innovation Summit, held at the Ritz-Carlton Laguna Niguel in June. “It was amazing to see so... read more

The Age of Omnichannel: Utilizing Technology to Meet Customers Where They Are

MONITOR: AI and robotics process automation are hot topics. How close is the equipment finance industry to adoption of these trends and how will it affect large and small lessors? GHAURI: With tens of millions of customers holding loans worth... read more

ELFA Women’s Leadership Forum: Accelerating Empowerment in Equipment Finance

Interest in the Equipment Leasing and Finance Association’s inaugural Women’s Leadership Forum was so strong the association had to turn women away. The two-day event, hosted by DLL at its Wayne, PA headquarters and presented by the ELFA Women’s Council,... read more

Innovation Finance: Verhelle Designs a Disruptive Model Built on Trust, Purpose & Humility

Bill Verhelle was having dinner with a friend in Naples, FL in late 2017 when inspiration struck. “We were talking about life and happiness,” Verhelle says. “I shared how fortunate I felt that I’d been in both my work and... read more

ELFA/IMN Investors’ Conference: Equipment ABS Market ‘Strong at All Levels’

Although the 17th Annual Equipment Leasing and Finance Association (ELFA) and Information Management Network (IMN) Investors’ Conference on Equipment Finance was scheduled for the first day of spring, it certainly felt like winter in New York City on March 22.... read more

On-Demand Vendor Finance: Creating Innovative Solutions to Exceed Customer Expectations

MONITOR: On a scale of one to 10, with 10 being the best year you could imagine, please rate 2017 and provide an explanation of your rating. What were the primary takeaways for the industry? Which trends and obstacles emerged?... read more

Top Five Private Independents: Each Creates a Unique Blueprint for Success

Monitor’s Top 25 Independents fared well in 2017, reaching a new record of $6.5 billion, thanks to a 12% year-over-year increase. But even the best years come with challenges. “Ascentium Capital’s growth has been very rapid over the last six... read more

The Worst Loans Are Made in the Best Times: Credit Managers Lead the Fight Against Complacency

In November, the National Association of Credit Management’s Credit Managers’ Index reported a combined CMI of 56.6, and its index of favorable factors jumped to the highest reading in several years (65.7). However, in December, the combined CMI took a... read more

Safety and Technology First: GAMA Eyes Customer Expectations as Flight Hours Soar

Today’s general aviation customers are similar to most consumers — they want access to the latest technology, and they expect products to adhere to safety standards. The top agenda items of the General Aviation Manufacturers Association make it clear that... read more

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