Wintrust Specialty Finance hired Doug Nielsen as senior vice president and chief sales officer. Prior to joining Wintrust, Nielson held various senior leadership roles with Key Equipment Finance, Bank of America, El Camino Resources and Highline Capital Group. read more
Judy Perdomo joined Mitsubishi HC Capital Canada as director of business development for factoring and asset-based lending. She will work primarily with small- and mid-sized businesses, helping them with cost-effective financing options. read more
Gord Mooney, who is retiring from General Bank of Canada this month, was selected as the winner of the 2022 Alexander S. Melvin Award for inspirational and ethical leadership in financial services. read more
First Citizens Bank’s middle-market banking business provided up to $50 million as a senior secured line of credit to an affiliate of Morningstar Properties, an investor in and operator of self-storage facilities. read more
Encina Equipment Finance added Peter Carpenter and Matt Farley as managing directors of originations and Zach Brasser as an associate. Carpenter, Farley and Brasser will report to Brian Daley, senior managing director and commercial leader for Encina Equipment Finance. read more
Equipment Finance Cares held an event last week at Great American Insurance Group’s headquarters in Cincinnati. More than 40 equipment finance professionals representing 26 different organizations attended the event. read more
Madhu Vijay, executive vice president and CFO at Aviation Capital Group, will retire later this year. With no definitive date, Vijay offered to stay on to help with the transition in the months to come. read more
James C. White will retire from Independent Bank Group and from his role as executive vice president and chief operations officer. The company named Bill Wade executive vice president and chief information officer and Daniel App executive vice president and head of operations. read more
Blue Ridge Bank established a middle-market banking division, an effort that will entail the buildout of commercial banking teams in the Mid-Atlantic and Southeast regions. C. Douglass Riddle will lead the new division. read more
Pinnacle Financial Partners added Mark Jannetty to its equipment finance team. Jannetty is a financial advisor with more than 20 years of equipment finance experience. He will be based at Pinnacle Financial Partners’ headquarters in downtown Nashville, TN. read more
As you read this, the churn is happening. Baby boomers like myself, aged 57 to 75, are retiring and Generation X and millennials are stepping up into leadership positions. By 2028, Gen Xers will outnumber baby boomers, and by 2025,... read more
Equipment finance isn’t sexy. So how do companies in the industry attract and retain younger talent? The first step suggested by many of Monitor’s 2021 NextGen Leaders is spreading awareness. Mike Richards, a financial specialist at Philips Medical Capital —... read more
Vice President of Technology and Data Analytics ,
Corcentric Fleet Solutions
Frank Bussone, vice president of technology and date analytics at Corecentric Fleet Solutions talks shop on employing customized structures when setting up a lease agreement. Learn how to avoid overpaying with this insider look at utilizing analytics to their maximum potential.
Dale Tower, vice president of remarketing at Corcentric Capital Equipment Solutions, discusses how, after climbing to the highest historic inventory levels for used trucks in 2019 and 2020, the market has overcorrected itself into a historic low for inventory levels.