On September 24, 2024, California Senate Bill 1286 (SB 1286) was signed into law, which expands the Rosenthal Fair Debt Collection Practices Acts, codified as California Civil Code § 1788.1 et seq., to include not only consumer debts, but certain... read more
February 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
Rita Garwood: Jeff, Elevex Capital is a brand-new company. You are really excited about this new venture. Can you start by telling us a little about it? Jeffry Elliott: Absolutely. Elevex launched this January, and we’re building a new kind... read more
January 30, 2025
In a rapidly evolving equipment finance industry, innovation and expertise are key to staying ahead. With the launch of Alliance Equipment Finance (AEF), a new large-ticket equipment finance platform backed by Alliance Funding Group, Randy Hicks brings decades of experience... read more
January 2025
Hollywood loves teams – Hoosiers, Ocean’s 11, Rember the Titans, Miracle, That Thing You Do and Invictus are a few of my favorites. Even superheroes, the ultimate unique individuals, get team movies like The Avengers. Even though they have evolved... read more
January 2025
With a full year of new aircraft approvals, flight testing, and new technology introductions, 2024 was a success for the business aviation market. Let’s look back on some of the notable developments in the industry: Falcon 6X, G700, and More... read more
January 2025
Six months ago, Tina Eickhoff took a “leap of faith,” putting her hand in for soon-to-retire Anthony “Tony” Cracchiolo’s role as head of equipment finance for U.S. Bank. Never one to focus on titles, Eickhoff felt she could add tremendous... read more
January 2025
As the secured finance industry faces rapid technological advances and economic challenges, Solifi has named Dan Corazzi as its new CEO to lead the company through its next chapter. Corazzi, a seasoned enterprise software executive with a 25-year track record,... read more
January 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
Mark Johnson, the newly appointed CEO of Orion First, brings decades of experience and a passion for empowering businesses to thrive. In a Q&A with Rita E. Garwood, editor in chief of Monitor, Johnson discusses his leadership vision, the trends... read more
January 2025
Editor’s Note: In response to our recent Suite, by Monitor article, Challenge or Opportunity: The 10-Year Treasury and Fed Funds Divergence Leads Off the 6 Big Factors Facing Lenders in 2025, Dale R. Kluga provides a thought-provoking perspective on the... read more
January 2025
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
PrivateCap has officially launched as a new funding platform designed to unlock fresh capital for the equipment finance industry by connecting institutional investors with originators focused on small and mid-market leases and loans. Founded by industry veterans Bill Phelan and... read more
October 28, 2024