Technology

2021 Healthcare Industry Outlook

John Sparta

The healthcare industry is, arguably, one of the most heavily impacted industries by the COVID-19 pandemic. Pre-pandemic, it was expected that transformative technologies like artificial intelligence, at-home diagnostics and virtual care would continue to gain traction through 2020 and beyond.... read more

Why Manufacturers Need Artificial Intelligence Now

Dean Oliver

As leasing and financial companies, when we hear the term artificial intelligence (AI), the first thing many of us think about is software and big data applications. But the truth is many of our customers and primary lines of business... read more

Coronavirus: a crisis for asset finance operations or a catalyst for technological change?

Brendan Gleeson

As a result, the past three months of Zoom, Teams, and Slack meetings, shopping exclusively online, and a new appreciation for IT infrastructure staff, have defined a new – though not unexpected –future for how businesses will operate, long after... read more

Risk Management Must Consider New Data to Survive in Post-COVID Economy

Scott Nelson, Aaron Dym

“We need to understand risk better.” “Originations are up. My worry is our existing customers’ business health.” “We have to decrease our distance from customers.” Risk managers’ plates are full. These recent comments from lessor leaders regarding today’s economic environment... read more

Survival & Sustainability: Will New Finance Models Thrive in a Post-COVID-19 World?

Brendan Gleeson

The COVID-19 pandemic has halted two decades of global growth and raised several questions about how economies will function in the future. Experts are assessing whether the international upheaval caused by the pandemic will have a long-lasting impact on trade... read more

Raising the Bar: Fintech Next Gen: Let the Real ‘Tech’ Disruption Begin

Patricia Voorhees

Financial technology — fintech — has reshaped the financing landscape for more than a decade. How has this first generation of fintech transformed equipment finance? How will the next? Turns out Fintech Gen 1 has proven more of an industry... read more

Raising the Bar: While Others Ride the Blockchain Wave, Equipment Finance is Still Wading Offshore

Valerie Gerard

With all the hype about blockchain revolutionizing the way business gets done globally, have you ever stopped to think about whether the equipment leasing and finance industry is ready to dive into this potentially disruptive technology? There’s ample evidence of... read more

How the Increased Pace of Change is Impacting New Equipment Financing

Patrick Gaskins

There is no arguing that the pace at which change is occurring is quicker than it has ever been before. It used to be that when new technology was introduced it was on the market for some time before it... read more

A Look Ahead at Equipment Finance in 2018

Vernon Tirey

2017 was an impressive and successful year for the equipment financing industry, with a 4% YTD increase in new business volume and a projected 4.3% expansion in equipment and software investment in Q4/17. As 2017 comes to a close, it’s... read more

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

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

Not Ready for the Cloud? Why the Leasing Industry Has Been Resistant to Cloud Deployment

Farooq Ghauri

In a time of exponential growth and emergence of cloud based solutions, it is hard not to wonder why some financial institutions haven’t been quick to adapt to the paradigm shift. Previously, the cost of enterprise software was exorbitantly high... read more

Old School vs. New School Equipment Financing: Breaking Down Barriers for Immigrant Business Owners

Vernon Tirey

Are you old school or new school? I’m not talking about whether you prefer the Commodore 64 or the Sony PlayStation 4. I’m talking about the philosophy and approach you employ to finance equipment deals. Old school methods evolved from... read more

Technology Vendor Finance: Past, Present and Future

Doug Andring

The early years of technology vendor finance were quite simple – it started with the basic financing of hard assets like computers, servers and printers. Finance companies quickly gained an understanding of the future value of these hard assets and... read more

Automation Bringing New Norms to Small Ticket Equipment Financing

Vernon Tirey

When I was a kid, people smoked on airplanes. When I was in college and flying to Europe on a regular basis to visit my girlfriend, now wife, airlines began introducing “non-smoking” flights. It was an awkward transition. But today... read more

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