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
From the cranes needed to build houses, the gym equipment that lends itself to people’s physical health and the medical scanners that assist doctors in making accurate diagnoses, Lara Yocarini is most passionate about the critical work equipment financiers contribute... 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
Modernizing equipment finance technology is a significant undertaking. As a result, many companies stick with old technology for too long, acting out of fear instead of seizing the opportunity. As an equipment finance executive who has recently overseen the transition... read more
July 2024
Alerus Financial has embarked on an expansion with the recent launch of its new equipment finance vertical in June 2024. The addition of the full-service equipment finance division is aimed at bolstering its commercial and industrial banking segment. The Tip... read more
July 2024
The recent collapse of the Francis Scott Key Bridge in Baltimore, Maryland caused shockwaves around the world. Closer to home, this event has had considerable implications for the equipment finance industry. In the aftermath, many vessel owners and financing parties... read more
June 2024
Monitor’s Converge conference is built for people like me. Converge has a multi-faceted focus on how organizations intertwine business strategy, productivity and technology. It is built for enthusiasts looking to learn about and share their experiences with these topics. I... read more
June 2024
To the casual observer, it must seem like high times for the global construction industry. Massive federal, state and local government funding has been committed to housing and infrastructure stimulus programs, including the $1.2 trillion U.S. Infrastructure Investment and Jobs... read more
May 31, 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 we’re already nearing the midway point of Q2/24, there remain a multitude of economic changes creating more challenges for every industry. While this has been top of mind for many ever since the pandemic, equipment finance professionals are cautiously... read more
MAY 10. 2024
Fleets face challenges on every front, from disasters like the Key Bridge collapse, volatility in the fuel market, fluctuating interest rates, continuing shortages in the supply chain and so much more. Despite those challenges, an organization’s continued growth and viability... read more
May 3, 2024
The title may sound like a Dr. Seuss book, a riddle or the start of a limerick. However, this is no joke. Although this discussion presently applies to only a few states, it is still quite important. The issue, elucidated,... read more
April 11, 2024
In the early 1980s, there were few hurdles to making investments for which much of the return came in the form of accelerated tax depreciation, investment tax credits and/or interest deductions. The results of this era were ugly at times.... read more
April 5, 2024
Most aspirational 2024 New Years’ resolutions have fallen by the wayside leaving only those that are critical to mission and well-being. In equipment finance, Engaging AI in 2024 is one of the latter, not the former — making it a... read more
March 28, 2024
Terry Mulreany
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Susie Angelucci
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