According to a survey from Regions Bank, roughly nine in 10 businesses (89%) are planning to increase investments in a key business area in the next 12 months. By contrast, in a survey in 2020, only 46% of small business owners said they were planning such investments. read more
This year’s ranking of the Monitor’s top 40 players in the vendor channel illustrates an almost even split in performance, with 19 respondents reporting net gains and 21 posting declines. With collective vendor channel originations of $39,958.8 million, the group performed better than many anticipated this time last year with a net decline of 3.2%.... read more
Although Monitor’s Top Private Independents faced many challenges in 2020, the group managed collective volume growth of 9.1% amid the COVID-19 pandemic. With Ascentium Capital out of the running, Stonebriar Commercial Finance seized the crown, while Trans Lease, First National Capital and Kingsbridge catapulted their way into the top five. ... read more
Monitor checks in with leaders from two banks that provide capital to equipment finance companies. They talk about the biggest challenges their clients faced in 2020 and what it takes to get a deal done in today’s environment. ... read more
string(13) "James Jackson"
string(59) "Co-CEO & Leader of Merger and Acquisition Advisory Practice"
string(14) "The Alta Group"
M&A activity almost came to a halt in 2020, but 2021 has kicked off with a flurry of activity. James Jackson reviews the notable transactions of the last year and says future economic indicators point to continued M&A activity in 2021 as well as strong valuations of quality equipment finance companies.... read more
Forbes named Amala Duggirala, chief operations and technology officer of Regions Bank, to its inaugural ‘CIO Next 2021’ list, which highlighted top technology executives who are redefining the role of a chief information officer as they deliver innovations for customers. read more
Caroline Taylor joined Regions Bank’s corporate banking group as senior vice president and head of Small Business Administration lending. Before joining Regions Bank, Taylor served as national head of SBA lending and small business credit underwriting director at Capital One. read more
Regions Bank named Paula Drake executive vice president and chief communications officer. Drake will lead the bank’s corporate communications team responsible for internal and external communications, market public relations, content publishing, and video production. read more
Ascentium Capital reported Q2/20 funding volume of $255.0 million, with year-to-date funding volume of $620.5 million. This enabled the company to achieve a new portfolio milestone, reaching $2.5 billion in managed assets. read more
Monitor will host a free virtual event on May 20 featuring moderator Vince Belcastro and panelists David Normandin, Miles Herman and Tom Depping who will discuss what lies ahead for the equipment finance industry. read more
Ryder System entered into a new 364-day unsecured syndicated term loan totaling $400 million with a syndicate of eight large financial institutions led by Bank of America as administrative agent. read more
When we laid the groundwork for the Monitor 101+ issue, it looked like the worst of the COVID-19 pandemic was behind us. By the time we conducted interviews with this year’s group of executives, the Delta variant was rapidly spreading... read more
There is no doubt you’re aware that California, the bastion of financial rules and regulations (and my home state), has once again enacted legislation affecting equipment leasing and finance. And because it is the country’s most populous state and largest... read more