Best Practices

Mike Hamilton

The Importance of ‘Day after Tomorrow’ Thinking for Equipment Financing

Mike Hamilton

Most executives spend their time dealing with the issues they are facing today. Some are focused on the near-term, meaning the next 12-24 months. But very few spend enough time thinking about the long-term future or engaging in “day after... read more

Gary Amos

Financing Modern Manufacturing

Gary Amos, Anthony Casciano

One of the biggest trends worth celebrating this National Manufacturing Day (October 1) is how digital solutions can keep powering manufacturing forward. At the 2016 MAPI Executive Summit, Raj Batra, president of Siemens’ Digital Factory Division, noted that companies are... read more

Scott Thacker

The Importance of Quality Assurance

Scott Thacker

Introduction In my role as CEO of Ivory Consulting, one of the three most important facets of my job is to ensure that our quality assurance activities are executed to the best of our ability. Toward that end, we have... read more

Nancy A. Geary

Personal Property Taxes and Leasing Companies: Five Key Factors to Remember

Nancy A. Geary

No one ever said that running an equipment leasing company is easy. Consider the challenge of collecting, reporting and remitting personal property taxes. Personal property tax is charged on tangible personal property (not real estate) and is levied by the... read more

Sinéad Murphy

Making Sense of It All: Data Tracking for Equipment Leasing Companies

Sinéad Murphy

The equipment leasing industry has grown exponentially over the last few decades, with more than $1 trillion dollars of equipment now being leased in the U.S. annually. As lease portfolios continue to increase in size and complexity, the task of... read more

Jeff Armstrong

Leveraging Bank Referral Programs to Enhance Originations

Jeff Armstrong

With 78% of businesses using financing to acquire equipment according to a recent Equipment Leasing and Financing Association study, it’s more important than ever for equipment leasing companies to stay ahead of the competition and look for ways to grow... read more

Jim Sweeney

The Right Safety Technology at the Right Time

Jim Sweeney

The statistics from the Federal Motor Carrier Safety Administration (FMCSA) speak for themselves: In 2015 there were approximately 415,000 police-reported crashes involving large trucks. 83,000 of those accidents resulted in injury. 3,598 of those accidents were classified as fatal crashes... read more

Frank Bussone

Big Data and the C-suite: What it Means for Fleet Executives

Frank Bussone, Tom Toton

The problem with Big Data is that it’s too big. This is especially true as you get higher up in an organization. C-suite executives are expected to make decisions on hundreds — sometimes thousands — of issues and don’t have... read more

Justin Tabone

Success Through IRS Section 179

Justin Tabone

According to Section179.org, the most common question people have about the Section 179 tax law is how much can they save on their taxes through the deduction. For many people, the way the deduction works is still a mystery and... read more

Vernon Tirey

Three Things We’re Doing Wrong in Equipment Financing Sales and How to Fix Them

Vernon Tirey

How do you know when a company has a successful sales strategy? Short answer: when success is all about sales execution. Long answer: when the company’s products and services are easy to sell, easy to buy and easy to justify.... read more

Scott Thacker

Making Employee Engagement Part of the Strategic Plan

Scott Thacker

My last blog spoke about the three elements that most strategic plans have at their core: first, increasing shareholder value, second, raising customer satisfaction levels, and third, enhancing employee engagement. Pricing methods can influence all three of these in different... read more

Justin Tabone

The Shifting Landscape of Medical Equipment Financing

Justin Tabone

In the five years since the signing of the Affordable Care Act, the landscape of the medical financing industry has shifted from being primarily focused on physicians’ needs to now include the interests of financial decision makers. Meanwhile, lenders are... read more

Frank Bussone

No Perfect Way to Measure Fuel Economy

Frank Bussone

How do you analyze the fuel economy for the trucks in your fleet? There are a variety of different ways to measure fuel economy and not all of them yield the same results. The approach to measuring fuel economy should... read more

Vernon Tirey

Equipment Financing is Ripe for Automation

Vernon Tirey

Five years ago I was introduced to the equipment financing industry. Having implemented enterprise-wide automation solutions for large financial services companies, I was surprised that the industry is vastly manual. After studying the industry, and talking to lots of business... read more

Dexter Van Dango

Porter’s Five Forces of Competition

Dexter Van Dango

How does your business stack up against the competition? Are you evolving to stay competitive in the future with your products, services and delivery methods? A quote from one of the Private Independent leasing company survey participants highlighted in the... read more

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