As 2024 begins, we continue to see large amounts of change in the equipment finance industry. As you adjust your priorities, you may be facing choices about what to do with your existing portfolios. Have you decided to shift away... read more
March 5, 2024
In the construction, material handling, transportation and manufacturing industries, there are only a few ways to get heavy equipment: buy it, rent it or lease it. Right now, equipment purchase prices are high. Material shortages, supply chain snafus and inflation... read more
February 2024
Adam Warner will be retiring from his role as president of Key Equipment Finance at the end of 2023, a position he has held since 2009. Looking back on his almost 40-year career in equipment finance, Warner offers 10 practical... read more
December 2023
Diversity has become a great strength today, and it is true not only in the workforce but in society in general. Despite this, recruiters and companies throughout the world continue to find many challenges in reaching diversity goals. As we... read more
November 2023
With a multi-generational workforce across all industries and the job market more diverse than it has ever been, job seekers in transportation, logistics and equipment finance are proactively looking for ways to provide equal opportunities for individuals with a diverse... read more
July 2023
Developments in battery electric commercial vehicles are coming fast and furiously. I attended the recent Technology & Maintenance Council spring meeting and many of the presentations focused on BEVs, chargers, charging infrastructure and the maintenance and repair needs of BEVs.... read more
March 2023
“Whoever owns the invoice owns the customer.” This was the message of future Telefonica CEO José María Álvarez-Pallete López speaking at the 2014 Telefonica Leadership conference. The emerging business trend at the time was the ecosystem of cellular device apps... read more
August 2021
With increasing regularity, corporations are adding sustainability goals to their business strategies. This new sense of corporate responsibility is in part being driven by changes in customer demand. Consumers are asking questions around the sustainability and environmental efforts of corporations... read more
July 2021
Everyone in the heavily regulated syndicated equipment funding arena knows that each funding transaction requires signatures on more than 25 documents. While that has always been cumbersome, the restriction of public gatherings during the COVID-19 pandemic with its work-from-home mandates... read more
May 2021
There are few actions that a lender takes that have more potential for legal or damage claims than a vehicle or equipment repossession. Ensuring that your service providers have the right types and amounts of insurance coverage is critical to... read more
2020
The COVID-19 pandemic has impacted daily life across the globe, and the uncertainty that came with it continues to loom. Aside from the personal disruptions caused by the pandemic, in terms of health and finances, businesses have also been heavily... read more
June 2020
For the last twenty years, I have owned a third-party origination company/brokerage in Seattle. Throughout the years we have received hundreds of emails and letters from customers telling us how their business wouldn’t be where it is today if it... read more
October 2019
The first step in developing a long-term equipment financing strategy is to identify all of the fixed and variable costs associated with operating your current fleet. In other words, what is your current total cost of operation? A spend analysis... read more
October 2019
After participating in the banking and finance industry for all of my career and spending over thirty years specifically in the equipment leasing and finance industry as a credit analyst, lending officer, and broker division manager, I have developed an... read more
June 2019
Vendor partnerships have existed for decades and continue to be a staple in the equipment leasing and financing industry. Manufacturers and resellers who rely on these programs understand that when vendor partnerships work well, they provide high value. However, during... read more
May/June 2019