Wells Fargo named Debra Chrapaty chief technology officer, making permanent a role she has held on an interim basis since May. She will continue reporting directly to Saul Van Beurden, head of Technology. read more
First Financial Corporate Services signed a definitive acquisition agreement with JA Mitsui Leasing, under which JA Mitsui’s American subsidiary will acquire 100% of First Financial and the majority of its holdings. read more
Wintrust Specialty Finance’s team now consists 100% of CLFPs after Chelsea Wood, CLFP, WSF funding manager, and Jodie Masciola, CLFP, WSF credit officer, both successfully passed their CLFP exams last month. read more
Blank Rome expanded its national platform to Chicago, with the addition of a four-partner group. The law firm expects the new office to launch upon the completion of certain regulatory requirements. read more
TCF Financial launched TCF Capital Solutions, which brings together TCF Equipment Finance and Winthrop Resources to deliver financing solutions to the healthcare, industrial, specialty markets, and technology industries. read more
Stonebriar Commercial Finance Canada closed a $35 million equipment lease facility with a joint venture owned by an investment grade strategic industrial and a natural resources-focused private equity group. read more
On the deal flow side, how would you characterize the level of activity that you are seeing versus what it was a year ago? If activity is higher, is it the result of more deal flow from existing sources or... read more
What was the biggest challenge your team faced last year and how did you overcome it? Tom Depping: This biggest challenge has been growing in a highly competitive environment. To counter this, we chose to expand our existing markets but... read more
Director of Fleet Planning Services,
AmeriQuest Transportation Services
With technological advances coming at a dizzying rate, obsolescence is always a danger for any fleet. Frank Bussone forwards the argument that the best way for companies to avoid this problem is to lease their equipment, instead of purchasing it outright, giving them the opportunity to update as needed.
Vice President of Financial Services,
Corcentric Capital Equipment Solutions
Asset sale lease-backs are not a new idea. However, it is an idea that makes good sense today. Corcentric’s Patrick Gaskins and Mike Hamilton go over the basics to explain why this strategy might work to your advantage in current market conditions.