Monitor 2024 Annual 40 under 40 NextGen

May/June 2024 | Vol. 51, No. 4

Interactive Flipbook

Featured Articles

Letter from the Editors

By Rita E. Garwood, By Brianna Wilson

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, I’d like to introduce you to our NextGen, Brianna Wilson, who will be managing Monitor going forward. Bri is an amazing rising star who is poised to lead Monitor into its next chapter, and I’m excited to pass the torch — and the pen — to her:... read more

A Solid Defense of your Equipment Finance Portfolio Requires Asking The Right Questions

By Gary Lomonaco

Financial conditions have changed. As new waves of community and mid-sized banks enter the equipment market, it is imperative for these businesses’ leaders to understand the nuances and ask the right questions to build a solid defense of their equipment finance portfolios.... read more

3 ESG Trends Equipment Finance Companies Should Consider

By Jeff Lezinski

Legislation and customers alike are encouraging companies to emphasize environmental, social and governance (ESG) issues. But how is this push for greener business practices applicable to equipment leasing? This article outlines three key ESG trends that equipment financiers should begin to consider... read more

The Next Big Trend? Most Sectors Show Increased Interest in FMV Leases

By Sudhir Amembal

Having recently garnered increased consideration from CFOs, fair market value leases are on the rise in most markets. Under the umbrella of operating leases, FMVs are presenting new opportunities for equipment financiers and offering dozens of benefits to their customers.... read more

Navigating Interest Rate Risk: A Framework for Equipment Finance Companies

By Christina Ochs

Interest rates are a prominent concern for companies across the industry and beyond. Christina Ochs shares five components of hedge programs — planned, systematic approaches to dealing with risk — that offer a way to minimize the negative effects of fluctuating rates.... read more

Monitor’s Converge 2024 Conference Inspires Future-Building Work with a Focus on Technology and Innovation

By Brianna Wilson

Monitor hosted its second Converge conference in May 2024, attracting hundreds of leaders to engage in innovation-focused discussions, collaborate on the future and celebrate the companies, teams, rising stars and leaders who contribute to the development of the industry.... read more

The Change Makers of Tomorrow: What’s Top-of-Mind for NextGen Today?

By Matt Diehl, By Lauren Aron, By Mikki Henkelman, By Garrett Kautz, By Martin Klotzman, By Catherine Lee, By Scott Ogden, By Camtu Vo

Equipment finance is in dire need of fresh perspectives, and who better to turn to for this essential, out-of- the-box thinking than the next generation of leaders? Matt Diehl caught up with NextGen attendees of Monitor’s Converge 2024 conference to discuss what they need from senior leaders to be successful, as well as their thoughts on what is currently — and what will soon be — important for the industry.... read more

Technology, Talent and Transformation: Exploring NextGen Ideas

By Billy Bagnell, By Mark Grayeck, By Sloane Hudok, By John Pfister, By Nicole White

A sample of Monitor’s NextGen honorees outline their perspectives on personal and professional development, talent acquisition and the current push for automation, artificial intelligence and other technologies.... read more

Jillian Munson: Innovation is Disruption, and Disruption is Transformation

By Jillian Munson

As the winner of Converge 2024’s NextGen award, Jillian Munson represents the bright and innovative future of equipment finance. She is well-equipped to lead with industry and technological knowledge, innovative ideas, overall optimism and encouragement for those entering the workforce.... read more

Real People, Fast Answers: A Proven Success Formula for Healthcare Vendor Equipment Finance

By Kim Montgomery

Vendor equipment finance has changed over the past two decades, but many fundamentals remain in place that are necessary for younger professionals to know. Success, particularly in the healthcare vertical, is tied to the people involved in the business.... read more

Cautiously Optimistic: Vendor Finance Leaders Focus on Liquidity, Risk Management & Relationships

By Neal Garnett, By Eric Gross, By David O'Neill, By Justin Tabone

Monitor checks in with four vendor finance leaders on the state of the market today and how it continues to evolve. They discuss the top challenges faced by their vendor partners and share their outlooks for the year ahead.... read more

Widening the Gap: The Top 3 Pull Ahead in the Vendor Top 40

By Rita E. Garwood, By Brianna Wilson

Monitor’s Vendor Top 40 continued its growth streak at a significantly lower rate than the past two years. DLL and Wells Fargo retained their leading positions and Bank of America increased its activity in the channel. The top three companies now account for nearly 53% of vendor top 40 originations.... read more

Certification and AI in eVTOLs and eCTOLs: Industry Leaders Avoid Autopilot in Bringing Electric Aircraft to Market

By Shari B. Domow Bacsardi, By Dillon A. Redding , By Alexander R. Lowitt

The march toward electric vertical takeoff and landing aircraft (eVTOL) certification is progressing, though some predict a delay in eVTOLs’ market entry. Leading eVTOL developers have nonetheless continued to innovate, with some developing electric conventional takeoff and landing aircraft (eCTOL) and others exploring the application of artificial intelligence to the eVTOL ecosystem.... read more

An Effective Syndicator Must Look Good Wearing Many Different Hats

By Scott Kiley

A great syndicator has “chameleon-like” qualities. Being an effective syndicator means establishing a value proposition with relationship managers, pleasing all involved parties and determining the best distribution strategy for every deal.... read more

How Open Dialogue and Intentionality Lead to Success in DE&I

By Scott Thacker, By Nancy Robles, By George Parker, By Eric McGriff, By Julia Gavrilov

Though legal and political pressures began to weigh heavily on diversity, equity and inclusion (DE&I) earlier this year, equipment finance industry executives remain dedicated and resilient, with an air of optimism for further advancement so long as the hard work continues.... read more

Future Readiness Powered by Leadership: An Interview with Bob Rinaldi

By Deborah Reuben, CLFP, By Bob Renaldi, CLFP

What does it take to prepare a future-ready business? Deborah Reuben and Bob Rinaldi discuss optimization, profitability, scalability and peace of mind for business owners.... read more

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