Greg L’Herault joined the business development team of Hitachi Business Finance, where he will concentrate his efforts on attracting new asset-based lending, syndication and factoring clients across the United States. read more
According to the Wall Street Journal, the new lease accounting standards have given some companies the opportunity to find unexpected savings, despite the more time-intensive reporting requirements. read more
Anthony Mattaliano joined Peapack Capital as vice president, senior credit underwriter, responsible for the evaluation and due diligence of equipment finance and leasing clients and preparation of loan proposals. read more
Introduction As I glanced through the recent Monitor 100, I noticed that one third were independents with more than $11 billion in collective volume, or 6% of the entire group, (up from 4.8% in 2018). That $11 billion market share... read more
The annual ELFA Lease and Finance Accounting Conference was held recently in Chicago, September 16-18. While it is well over three years since the new U.S. and international lease accounting standards, ASC 842 and IFRS 16, were issued, it is... read more
COVID-19 has presented the asset inspection space with a unique set of new and unfamiliar problems: the need to collect accurate data quickly, but without the use of traditional face to face methods. Cort Brady shares how Aspen Field Services has become creative with solutions for conducting collateral inspections, business verifications, and inventory audits amidst a climate of social distancing.
Barry Shafran, President and CEO , Chesswood Group Limited
Barry Shafran shares the story behind Chesswood Group’s journey from a Canadian new car dealership business with automotive lease receivables of just $80 million in 1999, to a North American public equipment finance business with a portfolio of $1.0 billion in 2019. He says the one constant and key ingredient in Chesswood’s journey is its amazing team of tenured and committed people.