Equipment Finance Related Content

The Age of Omnichannel: Utilizing Technology to Meet Customers Where They Are

In a Monitor Q&A, executives from four software companies — Farooq Ghauri of NetSol Technologies, Mukul Mittal from Cloud Lending Solutions, Madhu Natarajan from Odessa Technologies and Jeff Van Slyke from LeaseTeam — discuss blockchain, AI, smart contracts, machine learning and other technology strategies for equipment finance companies.... read more

Digital Transformation: Is the Equipment Finance Industry Falling Behind?

John Rizzi discusses the results of The Alta Group’s digital benchmark study, revealing the drivers behind and barriers to digitalization. Overall, the industry is lagging behind other financial service sectors in the adoption of digital capabilities.... read more

Evolutions Per Minute: Mollica Leads CIT Equipment Finance Forward

With a depth of experience in the organization rivaling any of his contemporaries, Vince Mollica was the natural fit to become managing director of CIT’s Equipment Finance business. As he takes the lead for one of the biggest players in the industry, Mollica is out to put people first and continue to evolve.... read more

Anticipating the Inevitable: When Will the Economic Expansion End?

Monitor has reported on six U.S. recessions during its 44 years in print. On the wings of the second-longest economic expansion in U.S. history, Dexter Van Dango asks the question lingering in the back of our minds: When will the next recession hit?... read more

ELFA Women’s Leadership Forum: Accelerating Empowerment in Equipment Finance

Designed to empower women to take an active role in the ELFA and their workplaces, the inaugural Women’s Leadership Forum provided leadership development sessions on effective networking, communication and persuasion and opportunities to build relationships with other women in the industry.... read more

Bad Boss? Five Tips to Help You Cope

Working for a bad boss can turn a dream job into a nightmare. Drawing from her own experience, Linda Kester shares five tips sales reps can use to stay professional and focused despite the influence of a bad sales manager.... read more

Allow Me to Introduce Myself: Investors Bank Jumps into Equipment Finance

Although it does not have a long history in the C&I space, Investors Bank is betting big on equipment finance, adding industry veteran Ken Walters to lead a new group. Walters and his team are focused on building a national leader and providing solutions.... read more

Marks Named to Head Wells Fargo Commercial Capital, Blakey to Retire

Wells Fargo named David Marks, current head of Capital Finance, the successor to Ed Blakey, who is retiring, as head of Wells Fargo Commercial Finance. read more

Blockchain: The Next Big Thing for Equipment Finance?

Blockchain technology, an esoteric topic a few years ago, has worked its way into the mainstream. Blank Rome’s Keith Letourneau and Stephen Whelan provide an overview of this distributed ledger technology and discuss how it could be used in equipment, commercial and trade finance transactions.... read more

M&A Activity Continues Strong: Awaiting the Impact of New Developments

The Alta Group’s Bruce Kropschot and James Jackson examine the M&A market for independent equipment finance companies. Although another good year is expected, several factors could affect the market, including rising interest rates, stock market trends, tax reform legislation and accounting rule changes.... read more

Equipment Leasing and Finance Industry Less Confident in April

According to the ELFF, overall, confidence in the equipment finance market eased again in April to 68.3, down from the March index of 72.2. read more

Top Five Private Independents: Each Creates a Unique Blueprint for Success

In an exclusive Monitor roundtable, the leaders of the top five private independent equipment finance companies discuss how their teams rose to face the challenges of 2017. They discuss the increasing importance of technology in their businesses and share their views on the stock market correction, tax reform and how to attract top talent.... read more

The Effect of Tax Reform: Major Changes for the Equipment Finance Industry

In the first article of a series, Joe Sebik discusses the Tax Cuts and Jobs Act and summarizes the major changes in store for the equipment finance industry.... read more

Patrick Gaskins

Technological Developments Will Drive Equipment Financing Decisions

Patrick Gaskins

The Equipment Leasing and Finance Association (ELFA) recently identified the Top 10 equipment acquisition trends for 2018. I’d like to add my comments to some of what they said. According to the ELFA, tax reform will help unleash pent-up demand... read more

Equipment Finance 2.0: This is Not Your Father’s Leasing Company

Long gone are the days when asset managers relied on Green Guides and paper documents were stored in fireproof filing cabinets. Dexter Van Dango examines data-driven processes, blockchain technology and the demise of traditionally documented transactions. He urges equipment finance companies to challenge their thinking about all aspects of the business before they are left behind.... read more

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