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Monitordaily

Monitordaily

The 2024 Monitor Icons Issue

Sept/Oct 2024 | Vol. 51, No. 6

Interactive Flipbook

Featured Articles

Letter from the Editor

By Brianna Wilson

If You're A Conference-Goer, Chances Are, You're Running Into This Issue at ELFA’s or NEFA’s Annual Conference.... read more

Tech Titans Unite: Transforming Equipment Finance For a Smarter Tomorrow

By Matthew Hinkley

Matthew Hinkley explores how three emerging technologies — IoT, blockchain and AI — can drive a new wave of growth and innovation in the equipment finance sector over the next 10 to 20 years.... read more

Redefining Credit Underwriting In Equipment Leasing: How Analytics And AI Are Leading The Way

By Patricio Pazmiño

Effective use of AI and data can transform every step of the underwriting process, making it faster, more consistent and (nearly) error-proof. Patricio Pazmiño covers what every step of the underwriting process could look like with technology in the mix.... read more

Climate Finance and the Energy Transition: An Australian Case Study

By Keith Rodwell

Energy transition and climate finance are popular, but largely uncertain, topics. As the current world leader of rooftop solar penetration, Australia has a lot to teach the U.S. about the growing opportunities and risks of climate-related financing.... read more

Loyal, Innovative Customers Create the Future: Solifi Celebrates 50 Years

By Katie Emmel

Solifi is celebrating its 50th anniversary in 2024. In an interview with Monitor, Katie Emmel, chief operating officer of Solifi, reflects on the company’s inception, achievements and goals as it heads for 100+ years of innovative excellence and customer loyalty.... read more

In Remembrance of Richard Doherty | March 11, 1953 - August 28, 2024

By

Richard J. Doherty, Monitor’s first-ever Veteran Icon who fostered a deep passion for equipment finance and the people who work in the sector, made a profound impact on the industry. The people who knew him best celebrate his life and deeply mourn his untimely passing.... read more

2024 Veteran Icon: Mike Jones — A Legacy of Leadership and Service

With military training and service, dozens of relocations, ample experience leading through economic crises and seven acquisitions, Mike Jones has a full toolbelt of experience that allows him to be a capable and reliable servant leader.... read more

2024 Veteran Icon: Jon Biorkman — A Dynamic, Diverse and Growth-Oriented Career

Jon Biorkman’s extensive and diverse equipment finance career has spanned multiple roles and cities. He attributes his success to fantastic mentors, a global mindset and continued excitement for what he does.... read more

2024 Pioneer Icon: Sudhir Amembal — Education at the Core of Equipment Leasing

At the core of Sudhir Amembal’s equipment leasing journey, from creating seminars and spearheading lease consultancy engagements around the globe, to writing over a dozen educational books, is a deep commitment to education and training.... read more

2024 Pioneer Icon: John Deane — The Building Blocks of a Distinguished Career

After pulling “equipment leasing” out of a hat at the start of his career, John Deane embarked on a fulfilling journey of founding companies, contributing to the industry’s expansion and providing education and training to aspiring financiers.... read more

2024 Current Leader Icon: Jen Martin — Combining Equipment Finance, Technology and DE&I Leadership

With a career rooted in equipment finance, Jennifer Martin’s professional journey has equipped her for her current leadership role at LTi Technology Solutions. She has amassed a wealth of experience during her tenure at various companies in key leadership roles.... read more

2024 Current Leader Icon: Dave Normandin — Adventurous Leadership Tied to a Strategic Vision

David Normandin’s leadership expands far past a title, integrating strategy, strong company culture and adventure to grow the business and ensure his entire team feels their contributions are truly meaningful.... read more

2024 Innovator Icon: Brian Holland — Revolutionizing Fleet Asset Management with a Dedicated Team

With a watchful eye on market trends and a listening ear for client concerns, Brian Holland continues to revolutionize asset management with forward thinking, an innovative company culture and effective use of critical data.... read more

2024 Innovator Icon: Christopher Johanneson — Approaching Digital Transformation with Innovation and Intensity

Christopher Johanneson strives to foster an environment of continuous improvement and learning that enables his colleagues to harness their collective strengths to improve sales effectiveness, customer experience and operational efficiencies.... read more

2024 NextGen Icon: Kayla Perlinger — Learning, Trying and Doing: Taking Curiosity to New Levels

An innately curious person, Kayla Perlinger is deeply committed to constantly learning and taking initiative. She is unafraid to ask questions, put herself out there or be the first to try something new, which has landed her in an exciting role that extends far beyond her formal title.... read more

2024 NextGen Icon: Nick Fong — Merging the Evolving Worlds of Marketing and Technology

As chief marketing and technology officer, Nick Fong straddles two dynamic worlds, both of which are currently experiencing major shifts. He handles this by leaning on his most prominent skills: innate curiosity and collaborative leadership. ... read more

Expanding Opportunities: Evaluating Investment in Equipment Types

By Brianna Wilson

Monitor examines investment in various equipment types and charts the top equipment finance companies serving each industry sector in a new ranking report.... read more

2024 Trucks & Trailers Market Update

This article gives a brief update on the trucks and trailers market, with insights from Ken Martin, managing director of First Citizens Bank Equipment Finance.... read more

2024 Construction Market Update

This article gives a brief update on the construction market, with insights from Tom Reilly, construction equipment financing president at 1st Source Bank, says.... read more

2024 IT & Related Technology Services Market Update

This article gives a brief update on the IT and related technology market, with insights from Anthony Sasso, head of TD Equipment Finance.... read more

2024 Industrial & Manufacturing Market Update

This article gives a brief update on the industrial and manufacturing market, with insights from Nicholas Sandler, CEO of Stonebriar Commercial Finance.... read more

2024 Agriculture Market Update

This article gives a brief update on the agriculture market, with insights from Ken Whitelaw, head of global program management, food and agriculture for DLL.... read more

1st Source Bank: Staying Connected for Success in the Construction Equipment Market

In a Q&A with Monitor, 1st Source Bank provides insights into the construction market.... read more

TD Equipment Finance: Customized Solutions for Evolving Customer Needs

In a Q&A with Monitor, TD Equipment Finance provides insights into the IT & related technology services and trucks & trailers markets.... read more

Wintrust Asset Finance: A Focused Approach for Success in Multiple Markets

In a Q&A with Monitor, Wintrust Asset Finance provides insights into the agriculture, construction, industrial & manufacturing, IT & related technology services and trucks & trailers markets.... read more

The Times, They Are A-Changin': The 2022 Amendments to the UCC

By Kenneth P. Weinberg

At least half of the U.S. states have adopted the 2022 Amendments to Article 9 of the Uniform Commercial Code focusing primarily on digital assets, electronic money and chattel paper, among other facets. Kenneth Weinberg outlines the highlights, impact and nuances of these changes.... read more

Strong Credit Skills are a Key Ingredient to a Successful Career as an Equipment Finance Salesperson

By Scott Kiley

If you chose a career in equipment finance sales because you did not want to spend your days analyzing financial statements, Scott Kiley has news for you: your likelihood of success in sales is directly related to possession and use of strong credit skills.... read more

Human-Centric Innovation: Leading AI Adoption with Emotional Intelligence — An Interview with Jen Croneberger

By Deborah Reuben, By Jen Croneberger

AI is at the forefront of most equipment finance conversations today, from conferences to internal strategy. With insight from Jen Croneberger, Deborah Reuben discusses how leading with emotional intelligence combats fear when understanding and implementing AI tools.... read more

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