Rand Technology and Mitsubishi UFJ Lease & Finance formed an alliance, offering each other’s solutions to both companies’ customers and expanding life cycle support for each of their businesses. read more
People’s Capital and Leasing promoted Jim Mengacci from vice president of sales to senior vice president of the company’s industrial division. Mengacci has more than 10 years of industry experience and will be responsible for relationship management and business growth. read more
A new Sandhills Global market data report brought to light several interesting year-over-year value gains across the 10-plus-year age group in the used agriculture equipment, construction machinery and commercial truck markets. read more
Wintrust Specialty Finance hired Chris Fowler as vice president of business development. With more than 30 years of experience in finance and equipment sales, Fowler most recently worked at Key Equipment Finance as vice president of national sales and business development. read more
AP Equipment Financing funded $197.3 million worth of equipment in 2020, representing a 17% growth over 2019. Additionally, AP Equipment Financing promoted Chris Lerma, CLFP, to president and Fred Williams to chief sales officer. read more
Do not underestimate the impact of the coronavirus on a company’s Q1 and Q2 2020 financial results. The supply chain issues are unknown, the potential economic slow down is unknown, and the length of time the impact will be felt... 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
Mentoring is how a business passes its culture from one generation of leaders to the next. Drew Spears discusses how, if done correctly, mentoring can be just as beneficial for the mentor as it is for the mentee, as it provides the opportunity for two-way learning.