Moritt Hock & Hamroff‘s Secured Lending, Equipment & Transportation Finance practice has created a blog featuring posts that provide timely insights on many legal issues facing these industries. read more
Ritchie Bros.’s Marketplace-E, an online sales solution serving the construction, transportation, agriculture, energy, government and other industries, surpassed $500 million in gross transaction value. read more
Preliminary used Class 8 volumes (same dealer sales) grew 42% month-over-month and 6% year-over-year in October, while year-to-date preliminary volumes dropped 17%, according to ACT Research. read more
Shawn Halladay, managing director of the Professional Development Practice at The Alta Group, has released a new textbook on lease accounting, Accounting for Leases: Embracing the New Paradigm. read more
The equipment finance industry has experienced many changes since Adam Warner, president of Key Equipment Finance, joined it in the late 1980s: banks have become more active in the space, tax reform strategies and accounting changes have occurred and the... read more
Trying to figure out the right time to adopt new technology is not unusual, especially if you aren’t certain if the technology in question will last. There are still a couple of Betamax tape players floating around out there. Even... read more
Vice President of Financial Services,
Corcentric Capital Equipment Solutions
The first step in developing a long-term equipment financing strategy is to identify all of the fixed and variable costs associated with operating your current fleet. Patrick Gaskins of Corcentric recommends developing a spend analysis to identify current and future potential purchases.
Fintech Gen 1 may have smoothed out processes on the back-end of equipment finance, but its successors may prove to be truly disruptive on the front-end. Patricia Voorhees examines the ways fintech may come to define and change the customer experience.