We are facing an era of rapid evolution and time-tested business strategies are losing their effectiveness. How can the industry meet this challenge? Nate Gibbons checks in with four Monitor 100 executives to discuss the trends that could change the commercial lending industry and the opportunities embedded within them.... read more
Beam Global partnered with Volvo Construction Equipment to bundle Beam EV ARC off-grid charging systems with the purchase of Volvo electric equipment. Volvo Financial Services can be utilized to lease or finance the bundled EV ARC and compact electric machines. read more
Volvo Financial Services appointed Daniel Homem de Mello as senior vice president of global marketing and communication. Mello returns to the Volvo Group after two years of leading the marketing function of a large transport and logistics company in Brazil. read more
The Volvo Group made a $41 million investment in North Carolina’s Piedmont Triad to purchase and expand the building housing its U.S. Uptime Center, which will now also serve as the new global headquarters for Volvo Financial Services. read more
John Rakocy, senior vice president of corporate development for Volvo Financial Services, will retire. The announcement comes 40 years to the week since Rakocy began his career. Rakocy will remain in his role until the end of 2021. read more
The Equipment Leasing and Finance Association unveiled details about ELFA Credit & Collections Management LIVE!, an interactive virtual conference that will be held June 7 to June 8 and focus on "managing risk in a new world.” read more
The Equipment Leasing and Finance Association awarded Bonnie Michael, vice president of legal and compliance USA for Volvo Financial Services, the Edward A. Groobert Award for Legal Excellence. read more
MAY 5, 2021 - 6:38 am
string(11) "Sohini Roy "
string(26) "Board Member & Former CFO"
string(15) "Nexseer Capital"
Monitor sits down with the leaders of eight companies in the equipment finance ecosystem to learn more about their diversity, equity and inclusion initiatives. These leaders outline strategies for creating an inclusive workplace, hiring and retaining diverse talent, and creating internal programs and community partnerships that engage employees in DE&I initiatives. ... read more
The Equipment Leasing & Finance Foundation announced the 2021 officers of its board of trustees, including Scott Thacker, CEO of Ivory Consulting, as chair; Nancy Pistorio, president of Madison Capital, as vice chair; Zack Marsh, CFO of Orion First Financial, as secretary/treasurer; and Ralph Petta, president and CEO of the Equipment Leasing and Finance Association, as president. read more
Monitor, the leading source of information for the equipment finance industry, announced the members of its 2021 Editorial Board. Ten new members will join the board and four members will continue from Monitor’s inaugural editorial board. read more
As the United States reckons with its long history of racial injustice against Black citizens, the overwhelmingly white equipment finance industry must take a look at its own shortcomings in creating opportunities for Black people. ... read more
Deborah Baker faced a dilemma the summer before she began college. She was all set to work alongside her best friend at Ponderosa Steakhouse when her mother, who worked for AT&T Capital, arranged a summer contracting position for her. Baker... read more
Joe Nachbin’s passion for equipment finance was so strong, he remained dedicated to his work until two hours before he passed away in July 2022, according to his wife, Ruby Nachbin. Attorney and investment banker, Paul Bent, senior managing director... read more