In today’s market, making sense of the ever-growing data sets within our businesses is a formidable challenge. Reporting and dashboarding play crucial roles in visualizing data in an easily digestible manner. As data becomes a driving force for predictability, key... read more
April 4, 2025
After decades in equipment finance, Craig Ault chose reinvention over routine. In this candid Q&A with Monitor’s Editor in Chief Rita E. Garwood, he shares how he made the leap, reshaped his personal brand, and landed in a fulfilling new... read more
March 27, 2025
In today’s competitive equipment financing landscape, many lenders fall into the trap of competing solely on rates and terms. While competitive pricing remains important, forward-thinking equipment finance companies are discovering that prioritizing client success leads to stronger portfolios, better retention... read more
Feb 2025
The equipment leasing and financing (ELF) industry continues to show potential for significant growth, forecasted to surpass $1 trillion as leasing becomes a primary method of equipment acquisition. According to the Equipment Leasing and Finance Association (ELFA), leasing is projected... read more
February 2025
TomorrowZone hosted the final Equipment Leasing and Finance Association Innovation Roundtable of the year, moderated by founder and CEO Deborah Reuben. Held on Nov. 21, this “AI showcase” provided attendees with demonstrations of available technology that is directly applicable to... read more
Upgrading your equipment finance software to a more current version or release is a necessity for your business. These upgrades could include bug fixes, security patches, new features or improvements in performance and stability. Upgrades are essential in order for... read more
December 2024
Nearly 15 years ago, Dr. Atul Gawande’s bestselling book, “The Checklist Manifesto,” laid out the increasing importance of checklists as a means of handling complexity. While his examples included airline pilots, his own surgical team and the M&Ms ordered for... read more
December 3, 2024
Customer behavior and risk have always been synonymous in equipment finance, which is one reason why customer relationships and customer empathy are always central to an equipment finance company’s culture. Making payments, or not, is a first order risk to... read more
November, 1, 2024
In today’s competitive environment, companies in the equipment finance industry are constantly seeking ways to enhance efficiency, reduce costs and improve service quality. One strategy that is becoming increasingly popular is to partner with a business process outsourcing (BPO) company.... read more
Banks, lessors and other financers may be missing out on what could be a significant market by focusing on buyers of new battery electric vehicles (BEVs) while ignoring the people who might look to buy those same vehicles when they... read more
July 2024
The Federal Reserve announced an interest rate decrease of 50 basis points, its first rate cut in over four years. In a statement, the Fed noted that the rate of inflation has declined and that the committee will continue to... read more
September 2024
The latest ELFA Innovation Roundtable, hosted by Deborah Reuben, founder and CEO of TomorrowZone, on Aug. 8, focused on a prominent issue most equipment finance leaders are facing today — how to balance business as usual with forward-thinking, innovative strategies.... read more
August 2024
According to the American Trucking Associations (ATA), “trucks move roughly 72.6% of the nation’s freight by weight.” That reflects about 11.5 billion tons of freight in 2022. With numbers that large, you might think that truck fleets are predominantly big... read more
July 2024
Starting your new equipment financing business requires building the infrastructure (people, process, and technology) to support it. What equipment financing software will you use to manage your portfolio? How and where will you host that software? What resources will you... read more
May 24. 2024
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
Terry Mulreany
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Susie Angelucci
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