LTi Technology Solutions is celebrating its 35th anniversary this year. Randy Haug sat down with Monitor to reflect on some of the company’s proudest moments, discuss the challenges the industry faces today and share his predictions for the future of equipment finance.... read more

Monitor 100 2024

Many banks have pulled back from equipment finance over the last 18 months and this trend doesn’t show signs of stopping. Rick Remiker outlines seven methods to defend a bank-based equipment finance division in this uncertain environment.... read more

Monitor 100 2024

The quest for wealth first drew Brij Patel, president of Alliance Funding Group, to the finance industry. After launching a company, transitioning from a broker to a lender and asset management firm, Patel has demonstrated that true success stems from adaptability and a willingness to embrace change.... read more

Monitor 100 2024

Wingspire Equipment Finance announced the appointment of Michael Rabinowitz as the new managing director of Credit. With over 28 years of extensive experience in equipment leasing and finance, Rabinowitz brings a wealth of knowledge and expertise to his role at the company. read more

MAY 16, 2024 - 6:00 am

M&T Bank promoted Scott Weissmann, a longtime veteran of the equipment finance industry, to line of business manager for M&T Commercial Equipment Finance, part of the M&T Equipment Finance Group. read more

MAY 14, 2024 - 6:30 am

The Equipment Leasing and Finance Association revealed its top 10 equipment acquisition trends for 2021. Among these, the ELFA predicts capital spending will show positive growth and that digitalization will be pervasive in the post-COVID-19 equipment finance environment. read more

JAN 25, 2021 - 6:39 am

Alliance Funding Group (AFG), a privately-held equipment finance company, launched a new website domain, logo and brand identity. The company's new website domain is afg.com.  read more

JAN 22, 2021 - 7:04 am

CoreTech Leasing announced that four of its employees recently achieved the Certified Lease & Finance Professional designation, including Amy Hall, director of lease administration; Heather Broadwell, lease administrator; Jose Cortez, accountant; and Robert Wallace, senior account and portfolio manager. read more

JAN 22, 2021 - 7:02 am

According to the Equipment Leasing & Finance Foundation’s January 2021 Monthly Confidence Index for the Equipment Finance Industry, confidence in the equipment finance market is 59.6, unchanged from the December index and in line with pre-COVID-19 pandemic levels. read more

JAN 21, 2021 - 6:56 am

Peter Pabon joined JA Mitsui Leasing Capital, a U.S. subsidiary of JA Mitsui Leasing that provides leasing and financial solutions in the U.S. and globally, as senior vice president of capital markets. Pabon has previous experience with PNC Equipment Finance, Banc of America Leasing and Mitsui Vendor Leasing. read more

JAN 15, 2021 - 7:09 am

People’s Capital and Leasing promoted Jim Mengacci from vice president of sales to senior vice president of the company’s industrial division. Mengacci has more than 10 years of industry experience and will be responsible for relationship management and business growth. read more

JAN 13, 2021 - 6:54 am

Sentry Financial closed a $62 million equipment lease of lift and material handling equipment to a construction technology company. read more

JAN 7, 2021 - 6:50 am

Onset Financial achieved another record-breaking funding year in 2020, recording $240 million in fundings, which beat the company’s prior funding record set in 2019 by 14%. read more

JAN 5, 2021 - 7:01 am

According to the Equipment Leasing & Finance Foundation, despite a surge in Q3/20, due to the historic deep decline in Q2/20, the U.S. economy is expected to end the year down 3.5% from 2019. However, the economy is expected to grow 4.7% in 2021. read more

DEC 22, 2020 - 6:46 am

According to the ELFA, overall new business volume for November was $7.3 billion, down 7% year over year from new business volume in November 2019. Year to date, cumulative new business volume was down almost 6% compared with 2019. read more

DEC 21, 2020 - 6:52 am