As the equipment finance industry’s long-time leaders retire, it’s vital to have a solid succession plan in place. Paul Menzel shares five important steps involved in this process and encourages current leaders to mentor the leadership teams of tomorrow while stepping aside to provide ample opportunities for them to develop skills and learn from mistakes. ... read more

Vol. 48 No. 3 2021

The Alta Group appointed Rick Remiker and Paul Menzel vice chairmen. Remiker previously served as senior executive vice president and lead commercial banking executive of Huntington National Bank. Menzel was president and CEO of Umpqua Bank Equipment Leasing & Finance. read more

OCT 13, 2020 - 7:23 am

Umpqua Bank promoted Terey Jennings to president of Financial Pacific Leasing, the bank’s commercial equipment financing arm. read more

FEB 21, 2019 - 6:55 am

Confidence in the equipment finance market eased further in November to 58.5, a decrease from the October index of 63.2, according to the Equipment Leasing & Finance Foundation November MCI-EFI. read more

NOV 15, 2018 - 6:55 am

According to the Equipment Leasing & Finance Foundation’s August release of the Monthly Confidence Index for the Equipment Finance Industry, confidence in the equipment finance market eased again in August to 60.7, down from the July index of 62.8. read more

AUG 16, 2018 - 7:10 am

Developments both in the public and private sector have fueled optimism in the ever-positive equipment leasing industry. In this year’s Funding Sources roundtable, representatives from Stearns Bank, Financial Pacific Leasing and Ascentium Capital share their thoughts on the current equipment acquisition environment, fintech and more.... read more

March/April 2018

According to the Equipment Leasing & Finance Foundation’s monthly index, confidence in the equipment finance market is 73.2 in February, easing from 75.3 in January, which was an all-time high level for the index. read more

FEB 15, 2018 - 7:25 am

According to the ELFF’s latest index, confidence in the equipment finance market is 75.3 in January, an increase from 69.4 in December and the highest level since the index was launched in 2009. read more

JAN 18, 2018 - 7:09 am

According to the Equipment Leasing & Finance Foundation’s December index, confidence in the equipment finance market reached 69.4 in December, an increase from 67.0 in November and the highest level in nine months. read more

DEC 15, 2017 - 7:53 am

According to the Equipment Leasing & Finance Foundation’s monthly index, confidence in the equipment finance market is 63.7 in October, unchanged from the September index. read more

OCT 19, 2017 - 6:57 am

According to the latest release of the ELFF’s monthly confidence index, confidence in the equipment finance market remained steady in June at 63.5, relatively unchanged from the May index of 63.2. read more

JUN 15, 2017 - 7:09 am

According to the ELFF’s monthly index, confidence in the equipment finance market registered a reading of 65.8, easing from the March index of 71.1. read more

APR 20, 2017 - 7:12 am

As confidence in the equipment finance industry reaches new heights to start 2017, funding sources face a number of challenges as well as opportunities. Paul Menzel of Financial Pacific Leasing, Bob Fisher of Ascentium Capital and Brian Griffin of MB Financial Bank discuss ways to remain competitive, how the new presidential administration will impact business and how liquidity and credit quality have fared.... read more

March/April 2017

The release of the June 2016 Monthly Confidence Index from the ELFF revealed that confidence in the industry eased for the second consecutive month, falling to 52.3 from the 55.1 mark recorded in May. read more

JUN 21, 2016 - 7:26 am

Financial Pacific Leasing President and CEO Paul Menzel shares his insights into current industry trends. While the days of abundant liquidity are behind us, Menzel says the industry has only begun to feel the effects of regulation. Although the industry will always be in flux, Menzel says adopting a mantra of trust and integrity will always be the best way to get a deal done.... read more

March/April 2016