The equipment finance community gathered for Monitor Live+ to talk about what matters most in times of crisis. Deborah Reuben, who designed and moderated the livestream event, provides a recap of the key takeaways, including how the pandemic has made effective leadership more important than ever before. ... read more

May/Jun 2020

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

June 2020

John Flynn

Truck Utilization Data Even More Important Today When Helping Fleets Adapt to New Environment   The COVID-19 pandemic has significantly impacted the entire world with ripple effects being felt throughout the global economy. Data discussed at a recent forum at UC... read more

May/June

Wells Fargo Foundation is supporting national nonprofits in expanding virtual financial coaching services, cost-free. Grants support nonprofits offering financial recovery resources for people of color, people with disabilities, and other vulnerable populations hit hardest by the pandemic. read more

JUN 15, 2020 - 6:30 am

... read more

May/June 2020

Jennifer Booth

The COVID-19 pandemic has impacted daily life across the globe, and the uncertainty that came with it continues to loom. Aside from the personal disruptions caused by the pandemic, in terms of health and finances, businesses have also been heavily... read more

June 2020

Ray Ellingsen

Here we go again! A liquidity pinch, perhaps like no other. Depending on your definition of a recession, we are in, or quickly approaching another. But keep in mind that recessions are actually considered normal business cycles. Our economy has... read more

2020

Moody’s Analytics baseline economic forecast reports that real global GDP will fall by 4.5% this year as a result of COVID-19 and the economy will not return to full-employment until mid-decade. read more

JUN 5, 2020 - 7:00 am

The Wall Street Journal reported that a full recovery from the effects of COVID-19 on the U.S. economy could take 10 years, according to the Congressional Budget Office. read more

JUN 2, 2020 - 6:55 am

COVID-19 exposed the cumbersome state of equipment lease documentation. Vince Borst shares how equipment lessors can streamline processes and gain a leg up on the competition by utilizing blockchain technology and smart contracts.... read more

2020

Dext Capital recorded record originations for April 2020. During this same period, total year over year new business volume grew over 300%. read more

JUN 1, 2020 - 7:00 am

Clinical leaders surveyed by Deloitte estimated that the elective procedure volume in April 2020 was only about 16% of the usual volume. Their single biggest concern about resuming deferred procedures was the possibility of an outbreak or second wave (82%). read more

MAY 28, 2020 - 6:50 am

ELFA’s webinar on operational resiliency addressed needs caused by COVID-19 and how equipment finance companies can build long-term resilience. read more

MAY 27, 2020 - 6:45 am

Used Class 8 same dealer April sales dropped 15% month-over-month and 7% year-over-year but held onto an 8% year-to-date gain. read more

MAY 27, 2020 - 6:35 am

The IDC COVID-19 Tech Index reports leading indicators for IT spending appear to be stabilizing but confidence levels in the U.S. continue to plunge. read more

MAY 22, 2020 - 6:35 am