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
5G is on everyone’s mind right now. The carriers have installed enough 5G equipment to provide usable coverage so they have unleashed their marketing armies upon us. AT&T seems to be in the lead – fictional advertising commercial salesperson Lily... read more
March 2021
Fast, effective recovery and remarketing of equipment tied to defaulted loans can make a huge difference in the net recovery on those loans. Fortunately, recent advances in recovery technology, valuation methodologies and remarketing through digital platforms are allowing lenders to recover... read more
March 2021
Lately there has been a lot of activity on the electric and hydrogen-electric commercial vehicle space. It seems like nearly every day there is a new item on a truck manufacturer and a technology company or battery manufacturer entering into... read more
March 2021
Last spring, when the coronavirus first hit, dentists throughout the U.S. saw their practices devastated. Amid the lockdowns, 76% of dental offices shuttered for all but emergencies, while 19% halted patient visits altogether, according to a survey by the American Dental... read more
February 2021
2020 has certainly been an unprecedented year for businesses of all sizes and industries of all kinds. For some, we’ve championed their successes and mourned the undoing of others. But as we begin to see a light at the end... read more
January 2021
2020 was quite a year, and much of the talk surrounding the events center on COVID-19. That said, even with all of the heartache, there were some bright spots that need to be celebrated. Let’s start with the fact that... read more
January 2021
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
We’ve all had a leader who has made a lasting impact on our careers somewhere along the way. Perhaps they were a direct supervisor, or maybe a leader from another part of the business who took a special interest in... read more
NextGen leaders out there are asking what the plan is and wondering what the answer is. And my piece will not pull any punches or mince any words! Here is what I am worried about: The depth of our bench... read more
Fleets have a number of options when it comes to asset acquisition. They can buy, finance or lease an asset. In my estimation, the lease versus buy analysis favors leasing, especially when talking about operating leases. Here are several reasons... read more
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
FASB has issued a proposed accounting standards update intended to improve three areas of the leases guidance. How will this update affect equipment lessors? O’Sullivan: There are three proposed amendments in the Exposure Draft that the FASB has asked the... read more
Proposed New York State Senate Bill S5470 (“the bill”) has been passed by both houses of the New York State Legislature and is pending presentation to Governor Andrew Cuomo for signature. It is beyond the scope of our review (and... read more
Registration for ELFA 2020 Business LIVE, a full-service virtual conference on October 27-28, 2020, is open until October 21. Participation includes three keynotes with a strategic lineup of speakers, 20 breakout sessions, virtual networking receptions and a multimedia exhibit hall.... read more