Kayla Perlinger, Vice President of Syndications at Oakmont Capital Services, and Tim Appleget, Director of SaaS Products at Tamarack Technology, provide an analysis of the syndications market exploring the evolving dynamics of the syndication...
Read Story
January 08, 2025, 10:00 PM
|
In the rapid evolution of technology, artificial intelligence (AI) is not merely a tool or a strategy—it represents a profound cultural shift. Companies that treat AI as a one-time initiative, rather than embedding it into their core values and...
Read Story
November 22, 2024, 07:00 AM
|
In this video interview, Kasey Hobson, Director of Product - Platform, from Solifi explores the importance of migrating to a SaaS platform for secured lenders and lessors in the equipment finance industry. Hobson addresses common concerns...
Read Story
October 29, 2024, 07:00 AM
|
Bob Rinaldi, President of Rinaldi Advisory Services, and Sudhir Amembal, CEO of Amembal & Halladay, join Michael Toglia, Publisher of Equipment Finance Advisor, to discuss the virtual relaunch of Amembal’s flagship seminar, “Winning with Leasing.”...
Read Story
June 17, 2024, 07:00 PM
|
Tony Cracchiolo, CEO/President of U.S. Bank Equipment, meets with Michael Toglia, Publisher of Equipment Finance Advisor to reflect on his 30-year career in the equipment finance industry. Cracchiolo shares memorable moments during his career...
Read Story
May 30, 2024, 07:00 AM
|
Brian Madison, Managing Director – North America with Acquis, delves into the significance of partnering with the right insurance provider in the equipment finance industry. In this interview, Madison unveils Acquis' collaborative strategy for...
Read Story
May 16, 2024, 12:00 AM
|
Catch-22 is a satirical World War II novel by American author Joseph Heller. The meaning behind the phrase “Catch-22” is that you need something to happen, but the exact reason you need it to happen is also the reason it cannot happen. The book...
Read Story
September 14, 2023, 05:00 AM
|
This is part one of a three-part series by The Alta Group on climate equipment finance covering market size, risk and strategy considerations followed by articles to address vertical opportunities from a global perspective, new business models and...
Read Story
June 21, 2023, 05:00 AM
|
When we wrote our article, Why 2023 "Will Be the Year of the Portfolio," we weren’t thinking that there would need to be a sequel written any time soon. But thanks to all the other surprises from the Silicon Valley Bank failure – a case study of a...
Read Story
April 17, 2023, 07:00 AM
|
The highly competitive vendor equipment finance environment has made it more difficult than ever to not only win new business from prospects, but also retain long term relationship with vendor partners. Speed, efficiency, accuracy and creativity are...
Read Story
April 06, 2023, 05:00 AM
|
Concerns about rising interest rates now, and a possible recession later, have made ELFA members gloomy about the business climate in 2023. My last Equipment Market Forecast reflected this pessimism in the preference of survey respondents for a...
Read Story
March 30, 2023, 05:00 AM
|
Bob Rinaldi, President, Rinaldi Advisory Services, and Michael Toglia, Publisher, Equipment Finance Advisor, discuss the important role smaller independent equipment finance companies and third-party originators play in the market and how these...
Read Story
March 21, 2023, 07:00 AM
|
Originally published on ABL Advisor, a publishing affiliate of Equipment Finance Advisor, Tim Stute, Managing Director, Head of Specialty Finance and Chris Hemler, Director of Specialty Finance, both with Hovde Group discuss the current state of...
Read Story
February 21, 2023, 04:00 PM
|
The challenges of early 2020 have come full circle in 2023. The boon of originations over the past 30 months combined with rapidly increasing interest rates and a looming recession have made 2023 the Year of the Portfolio. Delinquencies and the cost...
Read Story
February 20, 2023, 05:00 AM
|
As originally published on ABL Advisor, a publishing affiliate of Equipment Finance Advisor, David Kucera, Head – Financial Institutions Group, Capital One, shares his unique perspectives on the impact the rising cost of capital, inflation and...
Read Story
January 16, 2023, 08:00 PM
|
We are leaning into a new era of the industrial revolution known as Industry 4.0 – connected assets, internet of things (IoT), AI, machine learning and more. In this webinar, expert Robin Cook, Global Presales Manager from Solifi discusses what...
Read Story
December 14, 2022, 01:00 AM
|
Eliminating risks and ensuring compliance with increasing regulatory changes are becoming top priorities for equipment finance lenders/lessors. In this video webinar, Kristie Kosobuski, Senior Director of Product Management for Solifi, explains how...
Read Story
November 23, 2022, 11:00 PM
|
The ELFA Convention had to quickly change its venue due to a climate catastrophe on the western coast of Florida—Hurricane Ian. Ironically, while Ian was forming, a panel of speakers was preparing to present on climate finance and usher in a new ELFA...
Read Story
November 10, 2022, 05:00 AM
|
The recent shift from CAPEX to OPEX economics has created significant new demand for equipment finance. That demand is attracting new, technology-centric participants to the industry, most notably fintechs offering consumer-like solutions. This...
Read Story
September 19, 2022, 05:00 AM
|
The oil-and-gas business took a huge hit during the COVID-19 lockdowns, with the price of West Texas Intermediate crude oil dropping into negative territory for the first time in history. But while Americans continue to pay high gas prices, the rapid...
Read Story
September 06, 2022, 05:00 AM
|
Production needs change. The layout of your lessee’s/borrower’s facility might undergo upgrades. New technology emerges that is a better fit for your client’s manufacturing strategy. These are examples of the numerous scenarios that necessitate...
Read Story
August 08, 2022, 05:00 AM
|
Tom Meredith, Chief Commercial Officer and Member of the Executive Board, DLL, provides his insights into the current state of the vendor finance market both domestically and globally. Meredith outlines his thoughts on the impact of supply chain...
Read Story
June 14, 2022, 06:00 PM
|
Successful equipment finance business leaders know they must continue to grow as competitively as possible through change and business disruption. Change places critical demands on legacy technology and data infrastructure. Lisa Nowak, Director of...
Read Story
May 24, 2022, 07:00 AM
|
In this exclusive video interview featuring Tim Stute, Managing Director, Head of Specialty Finance and Chris Hemler, Director of Specialty Finance, both with Hovde Group, we tackle the question: What is driving the strong M&A activity in the...
Read Story
May 11, 2022, 07:00 AM
|
The Amazon Prime television show “The Marvelous Mrs. Maisel” recently re-introduced me to concept of matchmakers. The show’s plotline begins with Mrs. Maisel’s mother, Rose, launching a business as a New York City matchmaker. This intrigued me...
Read Story
May 05, 2022, 05:00 AM
|
In this webinar, wholesale finance industry expert from Solifi (formerly IDS, White Clarke Group, and William Stucky & Associates), Kurt Ruhlin, shares why equipment finance providers should consider adding floorplan finance to their portfolio of...
Read Story
April 22, 2022, 07:00 AM
|
In this exclusive interview with Quentin Cote, President and Chief Operating Officer, Orion First, meets with Michael Toglia, Publisher, Equipment Finance Advisor to share his unique insights into the importance of building a responsive and...
Read Story
February 21, 2022, 08:00 PM
|
Automation has been a principal pursuit of business ever since Henry Ford implemented the first assembly line in 1913 and reduced the Model T assembly time from 12 hours to 93 minutes. Twenty-five years later, during World War II, increased demand...
Read Story
February 07, 2022, 05:00 AM
|
Recent increases to the Consumer Price Index (CPI) are having a noticeable effect on costs of certain truck financing structures – but not all. Understanding these specific nuances can mean the difference of millions of dollars lost or preserved...
Read Story
January 12, 2022, 05:00 AM
|
I have the unique privilege of being a third-generation banker. My grandfather started and ran a small savings and loan (“S&L”) in the western suburbs of Chicago. My father followed him into the S&L business and there were days when I would join him...
Read Story
November 12, 2021, 05:00 AM
|
In this dual interview, Jesse Johnson, Founder of Equipment Finance Cares and Vice President of Sales & Marketing, JDR Solutions, and Lovern Gordon, President of Love Life Now Foundation, sit with Michael Toglia, Publisher of Equipment Finance...
Read Story
October 12, 2021, 07:00 AM
|
Did Someone Say, Pandemic?Despite a year disrupted by a global pandemic that spurred a 34 percent drop in the S&P to 2,237, an unemployment rate of nearly 15 percent and a horribly low labor force participation rate of 60 percent – consumers still...
Read Story
October 04, 2021, 05:00 AM
|
In this exclusive interview, Cindy Fleck, SVP and General Manager of Equipment Finance, Channel, Cindy provides a hands-on view of how working with third-party originators (TPOs) has evolved over the past year. Building strong relationships by...
Read Story
August 23, 2021, 07:00 AM
|
The last 15 months have seen unprecedented changes in the asset-based lending and credit markets due to the COVID-19 pandemic. As a result, lenders, credit institutions, the government and investors were put on the defensive and needed to bridge, buy...
Read Story
August 03, 2021, 05:00 AM
|
Valerie Gerard, Co-Chief Executive Officer, The Alta Group discusses the importance of engaging in Environmental, Social, and Governance (ESG) and how the equipment finance industry is applying these non-financial factors as part of their process...
Read Story
August 01, 2021, 12:00 AM
|
Is Healthcare Really Recession Proof?Whomever said healthcare is recession proof, perhaps did not consider what kind of havoc a pandemic could wreak on our healthcare system. Every sector of healthcare was impacted. Elective surgeries were postponed...
Read Story
July 12, 2021, 05:00 AM
|
Randy Haug, Executive Vice President, Vice Chairman, Co-Founder, LTi Technology Solutions, provides a unique view of the equipment finance industry, reflecting on lessons learned over the past year and what the future may hold, from the perspective...
Read Story
June 29, 2021, 07:00 AM
|
In this exclusive interview with Kirk Phillips, President & CEO of Wintrust Commercial, Phillips reflects on lessons learned during a challenging year and how the Wintrust team succeeded in 2020 despite a quickly evolving environment impacted by...
Read Story
June 02, 2021, 01:00 PM
|
In this exclusive interview with Bill Verhelle, CEO of QuickFi by Innovation Finance, Verhelle discusses his views on the challenges equipment finance companies face when attempting to innovate their business models, and the benefits of starting...
Read Story
May 20, 2021, 07:00 AM
|
Lisa Nowak, Lead Product Manager with IDS | Secured Finance Technology provides prudent advice for equipment leasing and finance industry leaders considering a migration to a SaaS technology solution and dispels some misconceptions related to a...
Read Story
May 06, 2021, 07:00 AM
|
In this exclusive interview with Tony Golobic, Chairman, and CEO of GreatAmerica Financial Services, Golobic provides his personal insights into why employees are the most important asset required to build a highly successful independent equipment...
Read Story
April 21, 2021, 11:00 PM
|
In this interview with Eldon Richards, Chief Technology Officer of IDS | Secured Finance Technology, Richards discusses how rapid advancements in technology including AI and Machine Learning can empower agility in the equipment finance industry...
Read Story
April 06, 2021, 01:00 PM
|
As the unpredictable economy of 2021 rounds the corner on its way to completion of the first quarter, businesses are undergoing various pattern changes of equipment investment demand depending on the particular market the sectors serve.The Equipment...
Read Story
March 19, 2021, 05:00 AM
|
“You can have it in any color as long as it's black.” – Henry Ford on his Model T.
This famous Henry Ford quote along with, “If I had asked people what they wanted, they would have said faster horses,” are sometimes used as examples of Ford’s...
Read Story
March 02, 2021, 05:00 AM
|
“The most reliable way to predict the future is to create it.” – Abraham LincolnWho would have thought that an 1860s' statesman would have sage advice for digital business leaders in 2020. Data, and the use thereof, is the hottest technology trend...
Read Story
October 26, 2020, 01:00 AM
|
We kicked off the “The Optics of Data” series talking about how to get an organization ready to leverage the digital ecosystem and be better prepared for change. We explored how discovery culture, speed of learning and building agility are the keys...
Read Story
September 21, 2020, 05:00 AM
|
Series Forward by Dr. Timothy Chou, Chairman Alchemist Accelerator, Author Precision: Principles, Practices and Solutions for the Internet of Things (@timothychou)In the world of high tech moving from software to software-as-service and now...
Read Story
August 19, 2020, 05:00 AM
|
The U.S. equipment finance industry is navigating uncharted waters with the coronavirus COVID-19 pandemic. After speaking with clients and providing advice for dealing with this disruptive issue, we realize executives are looking for reliable...
Read Story
March 31, 2020, 06:00 AM
|
As equipment finance professionals, you are in a constant cycle of obtaining new business to replace contracts that are coming to end of term. While these cycles are a part of the daily operations associated with the equipment finance business, there...
Read Story
January 21, 2020, 05:00 AM
|
“Leasing — The Creative Financing Alternative,” the new book by Amembal & Halladay Chairman and CEO Sudhir P. Amembal, was released today (Oct. 7). Equipment Finance Advisor sat with Amembal to learn more about the book and what readers can expect to...
Read Story
October 07, 2019, 05:00 AM
|
We live and work in a world where “tech begets tech.” What do we mean by that? In a technology consumed and driven society, technology that enters the market creates, develops and identifies a niche for more technology. This creates a seemingly never...
Read Story
August 21, 2019, 03:00 PM
|
Working capital is not a new concept. Banks have long-offered businesses loans and lines of credit to fulfill the need for additional resources. But what happens when a small business seeks an influx of cash from their neighborhood bank? It is no...
Read Story
May 02, 2019, 10:00 AM
|
Hardly a day goes by that I don’t have a conversation with someone about the influence of the Internet of Things (IoT) on our lives. In 2000, Bill Gates saw the future and aptly referred to what we currently call IoT as the digital nervous...
Read Story
August 14, 2018, 07:00 AM
|
Fear of disruption. Fear of irrelevance. Fear of being left behind. Are we investing enough time in thinking about the long-term future of our businesses? Are we bringing enough diversity of thought into the discussion about the future? Are you...
Read Story
May 08, 2018, 07:00 AM
|
How many of us feel that the speed of change leaves us breathless as we swim upstream in this era of digital transformation? Although the Internet of things, artificial intelligence and machine learning all give rise to unimaginable new opportunities...
Read Story
April 04, 2018, 07:00 AM
|
Calling all entrepreneurs and business leaders-opportunity is knocking on the door. The timing has never been better to seriously consider building the next great new lending business. Why would 2018 be the time to consider this? An unusual...
Read Story
January 11, 2018, 07:00 AM
|
Sometimes when a certain type of business has been conducted in a particular way over a long period of time, it's easy for industry players to get comfortable with the status quo and difficult to imagine there might be a new and better way to get...
Read Story
November 30, 2017, 07:00 AM
|
So far, 2017 has been an exciting year for our industry. Looking at the industry numbers from May through August, there’s been a steady recovery and consistent growth, driven by a strong economy and a growing underlying confidence within the business...
Read Story
September 07, 2017, 07:00 AM
|
How can a company prosper, and possibly dominate, in the small-ticket equipment finance marketplace today?
The short answer is by addressing three critical client needs:
Make shopping for financing easy and fast for the borrower,
Offer...
Read Story
August 22, 2017, 07:00 AM
|
For many contractors the decision to purchase, rent or lease equipment is one that needs to be considered carefully. Each option has pros and cons, and no matter which strategy you choose for equipment acquisition, it's guaranteed to impact the...
Read Story
July 18, 2017, 07:00 AM
|
The printing industry is experiencing substantial innovation, especially in the area of 3D printing, also known as additive manufacturing or scalable digital manufacturing (SDM). Historically, most 3D printer users have been large manufacturers and...
Read Story
October 18, 2016, 07:00 AM
|
With movements in the economic and regulatory fronts on the horizon, it’s a good time to examine how these, and other factors, could affect the equipment finance market in the near term. Equipment Finance Advisor recently spoke with Mark Mooney...
Read Story
April 04, 2016, 07:00 AM
|
Data storage and server locations are likely to change for many companies in the equipment leasing industry this year. Instead of companies storing data and running applications on their own dedicated servers within their brick and mortar, files and...
Read Story
March 21, 2016, 07:00 AM
|
Earlier this year, the Equipment Leasing & Finance Association (ELFA) included the increasing use of non-standard financing agreements on its list of the Top Ten Acquisition Trends for 2016. Perhaps more importantly, in a recent survey more than 50...
Read Story
March 07, 2016, 07:00 AM
|
It is an exciting time in the equipment leasing and finance industry. We surpassed the $1 trillion mark in 2015. Growth is forecasted to continue in 2016, with investment in equipment and software expected to grow another 4.4 percent, according to...
Read Story
February 16, 2016, 07:00 AM
|
Editor’s Note: The following article was prepared for Equipment Finance Advisor by an equipment finance executive with nearly 30 years of experience in financial services with first-hand experience at GE Capital. The author requested anonymity and...
Read Story
January 04, 2016, 07:00 AM
|
Even as the economy shows signs of recovery, it is no secret that one of the greatest challenges for small business continues to be securing growth capital. America’s 28 million small businesses are critical to the economy and are responsible for...
Read Story
August 18, 2015, 07:00 AM
|
In today’s economy, the benefits of renting equipment are magnified and the rental option is one that is being explored and used by a wider variety of industries, including contractors, construction companies, homeowners, event planners and more.A...
Read Story
July 08, 2015, 07:00 AM
|
In this twenty-first century phenomena of cheap money, interest rates have never been this low for such a long period of time. American business has been sitting on cash with some estimates placing the amount at $1.8 trillion. But now, with continued...
Read Story
May 05, 2015, 07:00 AM
|
Just like the gunslingers of the Old West, the merchant cash advance companies (MCAs) have entered the small business lending territory ... and they are making up new rules as they go along. With no regard for established practices, or even laws for...
Read Story
March 30, 2015, 07:00 AM
|
Equipment Finance Advisor recently spoke with Neil Wessan, Group Head and Managing Director of CIT’s Capital Markets Group, who shares his perspective on the current dynamics experienced within the marketplace. With nearly 30 years in the industry...
Read Story
March 03, 2015, 07:00 AM
|
The market for hiring key talent in the equipment leasing and commercial finance space is shifting, and the paradigm for recruiting has changed with it. A paradigm is defined as a theory or set of assumptions about how to think and operate in a given...
Read Story
October 20, 2014, 07:00 AM
|
What a difference a few years can make. Interest from senior lenders, mezzanine capital investors, institutional equity investors, and strategic buyers in the commercial finance sector has improved significantly since the recession, particularly in...
Read Story
March 12, 2014, 07:00 AM
|