Most Popular

DLL Launches New Business Unit for Usage-Based Financing

Asset-based financing solutions provider DLL formed a new Global Business Unit, Direct Solutions, to lead the organization’s innovative approach around usage-based consumption products. Steve Riggs will lead the new division. read more

APR 18, 2019 - 7:00 am

Wells Fargo Equipment Finance Promotes Collier to CAO

Wells Fargo Equipment Finance promoted Scott Collier to chief administrative officer. Collier assumes the role previously held by James Dore, who was recently named WFEF chief credit officer. read more

APR 17, 2019 - 7:05 am

Signature Bank Forms National Venture Banking Group

Signature Bank has formed a national Venture Banking Group to focus on serving venture capital firms and the portfolio companies in which they invest. read more

APR 15, 2019 - 7:15 am

Former ELFA Chairman Rick Wolfert Passes

Frederick “Rick” Eugene Wolfert, 64, of Greensboro, GA passed away peacefully on April 9, 2019 at St. Mary’s Good Samaritan Hospital in Greensboro. read more

APR 12, 2019 - 7:28 am

Neumann Finance and Beneficial Equipment Finance Combine Forces to Create NewLane Finance

NewLane Finance will leverage the technology platform and industry expertise of
Neumann Finance with the maturity and heritage

of Beneficial Equipment Finance. read more

APR 11, 2019 - 7:45 am

Joe Woodley, Leasing & Specialty Finance Veteran, Passes Away

Leasing and specialty finance industry veteran Joe Woodley passed away April 2nd after a brief illness. Woodley had previously been named one of the “Top 25 Most Influential People in Leasing” and was a key player in the formation of NEFA. read more

APR 5, 2019 - 7:05 am

Wells Fargo Asset Management Unveils Brand Redesign

As part of Wells Fargo’s recent branding campaign and redesign, Wells Fargo Asset Management (WFAM) launched a new brand initiative to provide clients with a more integrated, consistent product and solutions-focused experience. read more

APR 5, 2019 - 6:55 am

TimePayment Completes Acquisition of LeaseQ

Fintech company TimePayment has acquired LeaseQ. The acquisition adds immediate value to TimePayment’s strategic focus of offering vendor partners a leading platform, differentiated product offerings, faster funding and improved services. read more

APR 3, 2019 - 7:05 am

M&T Bank Expands Commercial Equipment Finance Group

M&T Bank has begun a series of steps to grow its Commercial Equipment Finance Division and serve more commercial and municipal customers across the country. This included the appointment of John Wolfe as director of Business Development. read more

APR 3, 2019 - 7:00 am

Hoeffner Joins Cass Commercial Bank as Director of Equipment Finance

Cass Commercial Bank formed a new division focused on financing equipment purchases for businesses, not-for-profit organizations and municipalities through capital and municipal leases. The bank appointed Senior Vice President George Hoeffner to lead this new effort. read more

APR 1, 2019 - 6:30 am

Editor's Picks

Tipping the Scales: A Little Something to Consider When Crossing State Lines

Kenneth Weinberg

January/February 2019

Various common types of transactions in our industry result in equipment leasing and finance companies acquiring interests in transactions that are outside the primary states in which they are located. Some examples include the very active market pursuant to which... read more

Crunching the Numbers: 2019 — A Year of Expected Changes for the Leasing Industry

Joe Sebik, CPA

January/February 2019

Although ASC 842 and IFRS 16 were released several years ago, many lessees will only first notice how the changes affect financial reporting in the first reporting period for 2019. Many lessees will not be subject to the new standards... read more

View All Articles

Recent Opinion

Use a Dynamic Financing Model to Adjust Asset Life Cycles

Patrick Gaskins, Vice President of Financial Services, Corcentric Capital Equipment Solutions

January 2019

With wild swings in financial markets, the political landscape changing worldwide, oil production through the roof and the U.S. Federal Reserve increasing interest rates, how should a company adjust its asset financing structures to contend with the uncertainty? Corcentric’s Pat Gaskins suggests using a dynamic financing model that can account for unexpected change over the asset life cycle.

Outsourcing Gaining Ground in Equipment Finance

Ron Meyer, Senior Business Advisor, Linedata

November 2018

While outsourcing is often more associated with call centers in the common imagination, a surprising number of equipment lessors also use third-party service providers to augment their financing business. Ron Meyer from Linedata recently had the opportunity to speak to equipment finance professionals about how and why they outsource, examining the way this could influence the future of the industry.

All Opinion Posts