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Information, news, and entertainment for the commercial alternate financing, bank, finance and leasing industries Subscribe to Leasing News - Free | Search | All Lists | Site Map Advertising| Archives | Classified Ads | Columnists Email the Editor Thursday, May 30, 2024 Today's Leasing News Headlines Cash Flow is King Placard New Hires/Promotions in the Leasing Business and Related Industries Commercial Finance/Leasing Finance Conferences 2024 Updated Leasing and Finance Industry Help Wanted Balboa Capital/TopMark "Gold in Those Files" By Scott Wheeler, CLFP FDIC-Insured Institutions Reported Net Income of $64.2 Billion PC Shipments Drop Below 250 Million in 2023 By Felix Richter, Statista U.S. Now Has Over 183,000 Public EV Chargers Almost double compared to three years ago By Julian Onistran, Inside EV Equipment Finance Cares Report on Pennsylvania Meeting Roger Corman (1926 - 2024) Some Best Films by Leasing News' Fernando Croce Border Collie Williamsville, New York Adopt-a-Dog Menkin Discovers FinTech on his Vacation in Hawaii News Briefs --- Bankruptcy Court Rules that Millions in Roglieri Property Can Be Seized Atlanta-based Kabbage to pay up to $120 million to settle PPP fraud allegations 64% of business leaders have concerns with hiring recent college grads: report Record number of storms forecast ahead of 2024 hurricane season Clean Energy Ventures closes second funding round re: climate-tech startups Another Big Oil Deal Despite Regulatory Pushback and Market Volatility T-Mobile will buy U.S. Cellular’s wireless business in $4.4 billion deal Beige Book - Federal Reserve May 2024 Report You May Have Missed --- How A.I. Made Mark Zuckerberg Popular Again in Silicon Valley Broker/Funder/Industry Lists | Features (wrilter's columns) Top Ten Stories Chosen by Readers | Top Stories last six months Sales Make It Happen Sports Briefs California News "Gimme that Wine" This Day in History SuDoku Daily Puzzle GasBuddy Weather, USA or specific area Traffic Live---- Wordle ######## surrounding the article denotes it is a press release, it was not written by Leasing News nor has the information been verified, but from the source noted. When an article is signed by the writer, it is considered a byline. It reflects the opinion and research of the writer. [headlines] -------------------------------------------------------------- [headlines] -------------------------------------------------------------- New Hires/Promotions in the Leasing Business and Related Industries Brian DePonte was hired as Senior Vice President, Renewable Energy Finance, Wintrust Commercial Finance, Dallas, Texas. He is located in San Antonio, Texas. Previously, he was SVP, Energy Solutions, Key Equipment Finance (January, 2014 - May, 2024); SVP, Innovative Markets, Key Government Finance (2011 - May, 2024). Full Bio: https://www.linkedin.com/in/brian-deponte-8a49626/details/experience/ https://www.linkedin.com/in/brian-deponte-8a49626/ Pat McAuliffe was hired as Managing Director, Clarus Capital, New York, New York. Previously, he was Managing Director, First Eagle Alternative Credit, LLC (April, 2005 - May, 2024); Market Executive, Bank of America (April, 2004 - April, 2005). Full Bio: https://www.linkedin.com/in/pat-mcauliffe-027abb/details/experience/ https://www.linkedin.com/in/pat-mcauliffe-027abb/ [headlines] -------------------------------------------------------------- Commercial Finance/Leasing Finance Conferences 2024 June 4-7: National Automotive Finance Association Annual Conference, Fort Worth, TX Conference Info: https://www.nafassociation.com/naf2024#Hotel Sept. 4-5: AACFB Commercial Financing Expo, New Orleans, LA https://expo.aacfb.org/home Registration Now Open - click here Sept. 10-12: CFLA Conference, St. John's, NL, Canada https://cfla-acfl.ca/cfla-annual-national-conference-2024.html Hugh Swandel, President, Meridian OneCap Commercial Credit, will be covering the conference for Leasing News Sept. 23 - 24: B2B Finance Expo, Wynn, Las Vegas, NV https://www.b2bfinexpo.com/ Oct. 16-18: NVLA Conference, Clearwater Beach, Florida https://www.nvla.org/page/2024conference Sloan Schickler, Esq., Schickler & Schickler, wlll be covering the conference for Leasing News. She is also presenting there. Oct. 27-29: 63rd ELFA Annual Convention, Austin, TX Convention details Nov. 11-14: NEFA Fall Conference, Indianapolis, Indiana https://www.nefassociation.org/events/upcoming Don Cosenza, CLFP, Senior Vice President of North Mill Equipment Finance, will be covering the conference for Leasing News To be listed, email: kitmenkin@leasingnews.org [headlines] -------------------------------------------------------------- Leasing and Finance Industry Help Wanted [headlines] -------------------------------------------------------------- "Gold in Those Files" By Scott Wheeler, CLFP Top originators in the commercial equipment finance and leasing industry are pursuing past clients and vendors, even those that were once out of reach. They understand the market is constantly changing and that past relationships can be rekindled and become an excellent source of new production in 2024. Below are a few examples recently shared by originators: * A top originator, working for an independent, lost a vendor several years ago to an institutional player. At the time, the originator was unable to match a subsidized program offered by the institutional player. In the first quarter of 2024, the originator discovered that the institutional player was no longer funding transactions in this equipment sector. The originator re-established his relationship with the vendor and created a program that worked for the originator's company, the vendor, and the end-users. This program is expected to generate significant volume in 2024. * A top originator helped an end-user, which was un-bankable in 2019 through 2022, to acquire several units of equipment. In 2022, the end-user was once again attractive to banks. A call to this end-user in March of 2024 revealed that the end-user was in good standing with two banks but was reaching exposure limits with both. The originator funded a high six-figure transaction for his past customer in April of 2024. * In 2022, a top originator's largest end-user hit an exposure issue. The originator was unable to secure funding for three different requests in 2022. The end-user moved forward with several competitors in 2022 and 2023. Over the last few years, the originator had tried several times to maintain contact with little success. In 2024, the originator reached out again and explained that his exposure issues no longer existed, his capabilities over the past years had improved because of a merger, and the market itself had changed significantly. The originator has re-established the relationship and has already funded two schedules and has an approval for two additional transactions. As I have stated many times over the years, "There is gold in those files." Top producers never stop working their past contacts, their past end-users, and their past vendors. An originator can increase his current production numbers by 20% by properly working his past relationships. Scott A. Wheeler, CLFP Wheeler Business Consulting 1314 Marquis Ct. Fallston, Maryland 21047 Phone: 410 877 0428 Fax: 410 877 8161 Email: scott@wheelerbusinessconsulting.com Web: www.wheelerbusinessconsulting.com Wheeler Business Consulting is working with individual originators and sales teams throughout the industry to ensure that they are well positioned in the market, capturing their fair share of business, and outperforming the competition. To schedule a one-on-one meeting contact Scott Wheeler at: scott@wheelerbusinessconsulting.com [headlines] -------------------------------------------------------------- FDIC-Insured Institutions Reported Net Income of $64.2 Billion FDIC Chairman Martin J. Gruenberg said, “The banking industry continued to show resilience in the first quarter. Net income rebounded, asset quality metrics remained generally favorable, and the industry’s liquidity was stable. However, the banking industry still faces significant downside risks from the continued effects of inflation, volatility in market interest rates, and geopolitical uncertainty. In addition, deterioration in certain loan portfolios, particularly office properties and credit cards, continues to warrant monitoring.” * Net Income Increased From the Prior Quarter, Driven By Lower Noninterest Expense, Provision Expenses, and Higher Noninterest Income * Community Bank Net Income Increased Quarter Over Quarter * The Net Interest Margin Fell For the Second Consecutive Quarter * Asset Quality Metrics Remained Generally Favorable With the Exception of Material Deterioration in Credit Card and Commercial Real Estate Portfolios * Loan Balances Declined Modestly From the Prior Quarter, but Increased From a Year Ago * Domestic Deposits Increased For the Second Straight Quarter * The Deposit Insurance Fund Reserve Ratio Increased Two Basis Points to 1.17 Percent Full Report: https://www.fdic.gov/news/press-releases/fdic-insured-institutions-reported-net-income-642-billion [headlines] -------------------------------------------------------------- PC Shipments Drop Below 250 Million in 2023 By Felix Richter, Statista Thanks to hundreds of millions of people working, teaching or studying from home in the midst of the Covid-19 pandemic, the global PC industry enjoyed a renaissance during that time. After years of decline or stagnation at best, the industry bounced back with double-digit shipment growth in 2020 and 2021. With more than 340 million PCs shipped in 2021, it was the best since 2012, when the industry's decline began. As people had already equipped their workplaces at home and/or were returning to the office, demand was fading in 2022, with inflation and geopolitical uncertainties not helping the situation. According to Gartner, global PC shipments dropped by 16 percent year-over-year, while remaining above pre-pandemic levels. However, the same can't be said for 2023. With a further decline of 15 percent and only 242 million units shipped, the market hit its lowest point of the last 15 years. As Gartner Director Analyst Mikako Kitagawa said in the press release accompanying the 2023 shipment figures, recovery might be spotty over the next few months due to "the anticipated component price hike [...], as well as geopolitical and economic uncertainties." Prior to the Covid-19 pandemic, there had already been a positive trend in PC shipments, as the end of support for Windows 7 had sparked a replacement cycle, ending seven years of negative growth in 2019. However, without the pandemic, that trend would likely have faded in 2020. [headlines] -------------------------------------------------------------- The U.S. Now Has Over 183,000 Public EV Chargers That’s almost double compared to three years By Julian Onistran, Inside EV Recharging an electric vehicle in the United States is getting easier as more and more public charging stations are installed throughout the country. According to the Joint Office of Energy and Transportation, the U.S. now has over 183,000 publicly available charging ports. More than 13,000 were added in the last three months alone. Compared to January 2021, the number has almost doubled, but there’s more to the story. The largest number of public EV chargers in the U.S. are Level 2 plugs–140,387, according to the Joint Office. These need a 240-volt connection and can provide between 6 and 19 kilowatts of power, so topping up an empty EV battery can take anywhere from 4 to 10 hours, depending on the capacity. However, among these, there are more than 9,000 chargers listed as temporarily unavailable–8,697 DC fast chargers and 775 Level 2 plugs. The Joint Office also lists 232 Level 1 charging locations with a total of 873 plugs. These work on 120-volt connections and provide less than 6 kW of power, making recharging a dead battery truly an overnight affair. The most publicly available plus are of the J1772 variety (130,087 ports), followed by Tesla’s NACS (36,499 ports), CCS (16,925 ports) and CHAdeMO (8,687 ports). The US Government has planned to install no fewer than 500,000 EV chargers across the nation by 2030 through its National Electric Vehicle Infrastructure (NEVI) program. According to the Joint Office, a total of 36 states have released at least their first round of solicitations and 23 states have issued conditional awards or put out agreements in place for more than 550 charging stations that will have at least four DC fast charging ports each. ### Press Release ######################### [headlines] -------------------------------------------------------------- Equipment Finance Cares Report on Pennsylvania Meeting Equipment Finance Cares (EF Cares) held its second event of 2024 in Philadelphia, PA. Over 60 equipment finance professionals attended, representing 42 different organizations.’ Jesse Johnson, president of Consult Disrupt and founder of Equipment Finance Cares, said, This was our largest fundraising effort to date, so thank you to all that attended and the continued support from our sponsors. Especially “Thank You Oakmont Capital Services, for hosting this amazing event in the city of brotherly love.” Blair Dawson, principal of Sterling Rose Solutions, chaired the event. Brad Peterson, president of Channel, moderated the human side of the equipment finance panel, which consisted of Kyin Lok, CEO of Dext Capital; Jennifer Fanz, vice president of sales at PEAC Solutions; Cole Farmer, CLFP, fractional chief financial officer/controller at Consult Disrupt; and Rob Boyer, CLFP, president of First Commonwealth Equipment Finance. Immediately following the panel discussion, the featured speaker, Nancy Robles, president of Eastern Funding, discussed her recent book project, “The Many Pieces of Me,” and the importance of mental health in the workplace. The foundations showcased during the event were Love Life Now, MedShare, Cookies for Kids Cancer, Cystic Fibrosis Foundation, Westchester Community Food Bank, Dress 4 Success, Equipment Leasing & Finance Foundation and the Chris Walker Education Fund. Oakmont Capital Services hosted a networking reception that concluded the event. Andrew Pace from Asset Compliance, said, “Panel discussions, such as those on mental health, ignite change by directly addressing relevant issues, sparking insightful dialogue and fostering actionable solutions . The EFC foundation proudly supports charities that make a meaningful difference in the lives of individuals within our industry.” Jim Wall from PEAC Solutions said, “The Equipment Finance Cares PA event reinforced and broadened my approach towards leading with humanity and incorporating the understanding of mental health factors.” Donna Yanuzzi from 1st Equipment Finance, said, “This event was all about real challenges and the caring human side of all of us in EF and less about the Equipment Finance business. It was enlightening and refreshing and puts it all in perspective.” Alice Rehm from Leasepath, said, “I was so impressed by my first experience at an EFC event. Not only was the location fantastic, the content was relatable and the panel and speakers were phenomenal. I will definitely be looking out for the next event registration.” The next EF Cares event will be on Wednesday, September 25th in Minneapolis, MN and will be hosted by Channel. #### Press Release ######################## [headlines] -------------------------------------------------------------- Watch at Home by Fernando Croce, Leasing News Movie Reviewer Though best known for launching the careers of such luminaries as Martin Scorsese, Francis Ford Coppola and Jonathan Demme, B-movie impresario Roger Corman (1926-2024) was himself a director of astonishing energy and ingenuity. So check out our list for some of the best titles in his extensive, once-in-a-lifetime filmography. A Bucket of Blood (1959): The art world and its pretentious capricesareghoulishly lampooned in Corman’s delicious horror-satire. Cult character actor Dick Miller is marvelous in a rare lead role as Walter Paisley, a clumsy busboy working ata faddish beatnik café. A fish out of water among hepcats and aesthetes, he tries to fit in with the cool scene by becoming a sculptor. His lack of artistic talent gets him nowhere, until he stumbles upon the idea of covering a dead cat in plaster and presenting it as his work. Newly hailed by the it-crowd, Walter quickly finds himself looking for different kinds of bodies for his next sculptures. Shotby Corman with his customary economy and gallows humor, this is a success fable full of dark charm. The Little Shop of Horrors (1960): A sort of companion piece to “A Bucket of Blood,” this immensely enjoyable black comedy showcases Corman’s knack for mordant wit on a shoestring. Set on a Skid Row flower shop, it follows shy schnook Seymour (Jonathan Haze), who one day surprises his avaricious boss, Mr. Mushnik (Mel Welles), with a botanical invention—a new plant species that he names Audrey Junior, after his sweetly dim-witted girlfriend (Jackie Joseph). The store’s success soon hits a bump when Seymour learns that the plan needs blood to survive, which sends him on a bumbling search for victims. Filmed on just a few days but brimming with inventivegags and an anarchic spirit, the movie also features a scene-stealing early turn by Jack Nicholson as a giddy dentist patient. The Intruder (1962): Straying from his preferred realms of science-fiction, horror and satire, Corman directed one of his strongest films with this blistering portrait of prejudice and opportunism in the segregated South. William Shatner is compellingly malevolent as Adam Cramer, a charismatic stranger who comes to a small town and proceeds to stoke the fires of racism in the local population. As the high school is integrated by law, the townspeople simmer with hatred and Cramer seizes the chance to place himself at the front of the volatile demonstrations. Others affected by him include a vulnerable housewife (Jeanne Cooper) and the brave but doomed newspaper editor (Frank Maxwell). Shot on real, racially volatile locations, this is an uncompromising snapshot of the time as well as a testament to Corman’s intense dramatic skills. X: The Man with the X-Ray Eyes (1963): Vision (and, inexorably, cinema itself) is the subject of this potent science-fiction parable, which makes use of striking special effects to exploreCorman’s more experimental side. Ray Milland stars as Dr. James Xavier, a scientist determined to enlarge humanity’s ocular abilities. He develops a new serum and tries it on himself, which allows him to see colors and forms normally invisible to the naked eye. After he accidentally kills a colleague during an argument, Dr. Xavier goes on the run and hides as a mind reader working for a greedy carny (Don Rickles). With his condition worsening, can he find a cure before he goes mad? Corman’s penchant for psychedelic absurdism finds its apex here, as the world is memorably reduced to a solarized smear. The Masque of the Red Death (1964): Long obsessed with Edgar Allan Poe, Corman directed eight screenadaptations of the literary master of the macabre, andthis is the most stylish and most ruthless one. Set in plague-stricken medieval times, it centers on Prospero (Vincent Price, in one of his greatest horror roles), an unscrupulous prince more concerned with pleasure and luxury and unholy rituals than with the health of his subjects. While the poor masses face fear and disease outside, Prospero and the decadent elite lock themselves into the castle and enjoy a grand ball, sure that they’re safe from danger. But who is the mysterious, cloaked figure among them? Lushly filmed with a flairfor hallucinatory sequences, Corman’s danse-macabre remains chilling, elegant, and more relevant now than ever. Fernando Croce is a nationally recognized film reviewer and has been contributing to Leasing News since 2008. His reviews appear each Friday. [headlines] -------------------------------------------------------------- Border Collie Williamsville, New York Adopt-a-Dog Ashley Female 4 months, 29 days Tricolor (tan/brown & black & white) Short Coat Length Vaccinated spayed House Trained Good in Home with Other Dogs, Children Meet Ashley Pretty Ashley is ready to find her new home! Ashley is about 5 months old and currently weighs 23 pounds. We believe she will be a medium size dog when fully grown (40ish pounds). We are not really sure of her breed mix - maybe Border Collie in there? This happy go lucky girl is so much fun! She adores being outdoors and will stay out for as long as you allow. She has already mastered using the doggie door! Ashley gets along well with other dogs and enjoys playing with them. She also loves toys, especially tennis balls! Ashley is well-trained to use a crate and sleeps through the night. She is also house-trained, but please be patient as she adjusts to a new home and routine. Ashley has previously lived with kids and got along great with them - she adores the attention and playtime with children! Ashley is intelligent and keen to learn more. She knows sit (especially for treats!) and down. She is working hard on stay and paw and we think she will pick that up soon. She is eager to please her humans. Can't you just imagine Ashley sitting in the front seat while you're out and about this summer? She would love to become a part of your family and share in the summer fun! Ashley is spayed, up to date with vaccines, microchipped, flea/worm treated. Her adoption fee is $350 https://www.alphapaw.com/ support@alphapaw.com [headlines] -------------------------------------------------------------- Menkin Discovers FinTech on his Vacation in Hawaii I was really surprised, living in Silicon Valley since 1972, working with many of the companies who grew here, and to say the least, writing about Financial Technology. Arriving at our room at the Grand Wailea, Wailea, Hawaii, with a great view, beautiful weather, I looked around the room for the hotel booklet, often loose-leaf, about telephone numbers, amenities, menus, in-room dining, and couldn't find it. I went through drawers, even looked in the bathroom. I finally called the main desk. They told me to turn on the TV. Wow, it was all there, including videos, details, prices, events; easy to navigate. Here I arrived, used to "old" technology, but t here was Wi-Fi everywhere, fast speeds, too, free. I remember coming to Hawaii and no internet connection at the Mauna Kea, traveling to a nearby hotel to do Leasing News where they had a business office with 56k speed! I should have realized this after buying Christmas presents for the kids, Nest, wireless vacuum cleaner, iPads, even the seven-year-old has one. Here I am in a modern, beautiful hotel, and I expect a loose-leaf booklet with information when it is on the large TV screen, can be updated, and you can interface, too. I don't need to telephone. I can book restaurants via Open Table, make other reservations, and do all of this very easily. That is what FinTech is all about. Streamlining, making things easier, combining money like a bank does to lend out, streamlining procedures, developing your own parameters, maybe guessing right a lot more than guessing wrong, doing it more economically, more efficiently, even resulting here at the Grand Wailea with a more relaxing and enjoyable vacation. I don’t know what AI is going to change, perhaps I will be just as surprised just when I realized FinTech was here on my vacation in Hawaii. ALOHA! [headlines] -------------------------------------------------------------- News Briefs Bankruptcy Court Rules that Millions in Roglieri Property Can Be Seized https://www.timesunion.com/business/article/bankruptcy-trustee-seize-collections-roglieri-s-19481278.php Atlanta-based Kabbage to pay up to $120 million to settle PPP fraud allegations https://www.ajc.com/news/business/atlanta-based-kabbage-to-pay-up-to-120-million-to-settle-ppp-fraud-allegations/2B6V7PW6KVF4NO5FV25G22T5NI/ 64% of business leaders have concerns with hiring recent college grads: report https://www.cfo.com/news/business-leaders-hiring-recent-college-graduates/717329 Record number of storms forecast ahead of 2024 hurricane season https://www.ajc.com/atlanta-weather/noaa-forecasts-highest-ever-number-of-storms-ahead-of-2024-hurricane-season/25DLPTOLV5BYNOY26K5ZDAJO7A/ Clean Energy Ventures closes second funding round re: climate-tech startups https://www.bostonglobe.com/2024/05/29/business/clean-energy-ventures-closes-second-funding-round/ Another Big Oil Deal Despite Regulatory Pushback and Market Volatility https://www.nytimes.com/2024/05/29/business/dealbook/oil-merger-conocophillips-marathon.html T-Mobile will buy U.S. Cellular’s wireless business in $4.4 billion deal https://www.washingtonpost.com/business/2024/05/28/tmobile-uscellular-wireless/ Beige Book - Federal Reserve May, 2024 Report https://www.federalreserve.gov/monetarypolicy/beigebook202405-summary.htm [headlines] -------------------------------------------------------------- How A.I. Made Mark Zuckerberg Popular Again in Silicon Valley https://www.nytimes.com/2024/05/29/technology/mark-zuckerberg-meta-ai.html [headlines] -------------------------------------------------------------- Sports Briefs--- 49ers’ Josh Dobbs, the QB with a beautiful mind, is acing his initial tests https://www.sfchronicle.com/sports/49ers/article/49ers-josh-dobbs-qb-beautiful-mind-aces-19481879.php [headlines] -------------------------------------------------------------- California News Briefs--- Dollar Tree lines up to buy 93 shuttered 99 Cents Only stores in California https://www.pressdemocrat.com/article/business/dollar-tree-99-cents-only-byt/ SF Bay Area carmaker Lucid lays off hundreds of workers after raising $1 billion https://www.sfgate.com/tech/article/lucid-group-layoffs-electric-vehicle-19483316.php One San Jose tiny home shelter is successfully moving people to housing. Can it be a model for other sites? https://www.mercurynews.com/2024/05/29/one-san-jose-tiny-home-shelter-is-successfully-moving-people-to-housing-can-it-be-a-model-for-other-sites [headlines] -------------------------------------------------------------- Gimme that Wine http://www.youtube.com/watch?v=EJnQoi8DSE8 Bidding Now Open for Collective Napa Valley Barrel and Live Lots https://www.winebusiness.com/news/article/287934 Oregon wineries sue PacifiCorp for US$100 million for smoke damage https://www.thedrinksbusiness.com/2024/05/oregon-wineries-sue-pacificorp-for-us100-million-for-smoke-damage/ Wine and cheese helps combat dementia according to a study by Iowa State University https://www.thedrinksbusiness.com/2024/05/wine-and-cheese-helps-combat-dementia/ As momentum for a transformation of Missouri wine country slows, locals yearn for a return to tradition https://www.firstalert4.com/2024/05/29/momentum-transformation-missouri-wine-country-slows-locals-yearn-return-tradition/ Castle Rock Winery Is Proud To Announce It Has Received Two Additional 91 Point Ratings From James Suckling https://www.winebusiness.com/news/article/287927 French winegrowers struggle with weather wine regions hit with difficult conditions https://www.thedrinksbusiness.com/2024/05/french-winegrowers-struggle-with-weather/ [headlines] ---------------------------------------------------------------- This Day in History https://leasingnews.org/archives/May2023/05_30.htm#history ------------------------------------------------------------- SuDoku The object is to insert the numbers in the boxes to satisfy only one condition: each row, column and 3x3 box must contain the digits 1 through 9 exactly once. What could be simpler? https://sudoku.com/ [headlines] -------------------------------------------------------------- Daily Puzzle How to play: http://www.setgame.com/set/puzzle_frame.htm Refresh for current date: http://www.setgame.com/set/puzzle_frame.htm [headlines] -------------------------------------------------------------- http://www.gasbuddy.com/ http://www.gasbuddy.com/GB_Map_Gas_Prices.aspx http://www.gasbuddy.com/GB_Mobile_Instructions.aspx [headlines] -------------------------------------------------------------- Weather See USA map, click to specific area, no commercials http://www.weather.gov/ [headlines] -------------------------------------------------------------- Traffic Live--- Real Time Traffic Information You can save up to 20 different routes and check them out with one click, or type in a new route to learn the traffic live -------------------------------- Wordle https://www.powerlanguage.co.uk/wordle/ How to Play https://www.today.com/popculture/popculture/wordle-know-popular-online-word-game-rcna11056 [headlines] Features Alerts and Flags Bank Beat Brian Link Observations Career Crossroads-Emily Fitzpatrick/RII Cartoons Charlie Chan sayings Computer Tips and Social Media Credits and Collections 102 Customer Relation Management Keeps Score Dan Harkey Observations Employment Web Sites Equipment Leasing Haiku by Paul Bent Fernando's Review Financial Technology 102 From the Desk of Michael Witt, Esq. Leasing 102 Leasing Cases by Tom McCurnin Observations from the Front Porch by Jim Acee Online Newspapers Placards Recruiter Hal T. Horwitz Speaks Out Sales Make it Happen San Francisco Valley Leasing The Secret of Our Success The Top Performer’s Corner To Tell the Truth TV Reviews by Kit Menkin Ultimare Hire by Ken Lubin, ZRG Partners View from the Top Why I Became a CLP Wine Reviews by Kevan Wilkinson Editorials (click here) www.leasingcomplaints.com www.evergreenleasingnews.org Ten Top Stories each week opened the most by readers (click here) “Complaints” Bulletin Board (click here) Connect with Leasing News Top Stories (chronological order) - South Florida Hosts Small Business Finance Innovation at Funders Forum + Brokers Expo 2024 - Dext Capital Upsizes Corporate Note Financing - Is Broker Fee Splitting in California Legal? By Ken Greene, Leasing News - Gender Pay Gap Visualized - Tri Counties Bank Equipment Finance Department Shut Down - "Buckle Up!" Quality Equipment Finance Not Funding Transactions Internally - CLFP Growth by Company End of Year 2023 Added 247 Members - The Commercial Real Estate Exposure of the Largest U.S. Banks - Please Fasten Your Seatbelts! by Randy Haug, LTi Technology - Brian Bjella Then and Now - GreatAmerica Financial Services Appoints Well-Known Financial Veterans as Group Presidents - Troubles Continue with Regional Banks And Funding of Third Party Transactions - Part II -Great Time to be a True Independent or an Equipment Finance company that Acts Independent by Randy Haug, LTi - 2024 World Leasing Book Available digitally or hardback - Great Time to be a True Independent or an Equipment Finance company that Acts Independent By Randy Haug, LTi - Bob Rodi on LinkedIn Long-Time Veteran in Commercial Finance - Video: Tips for Equipment Finance Beginners with Steve Geller, Equipment Finance Veteran - Commercial Financial View by Dale Kluga, CPA, Well-Known Equipment Finance Founder - Update on Compliance Under The Small Business Data Collection Rule By Sloan Schickler, Esq. - ELFF January Confidence Rate Up From December 42.5 to January 48.6 - Which Affects Banks and Use of Funds Available By Dale R. Kluga, CPA, Experienced Funder - Ken Greene, Leasing Person of the Year for 2023 - The QuickFi Embedded Finance Platform Wins 2024 BIG Innovation Award - Brean Capital Investment Banking Strong Momentum Heading into 2024 - Leasing’s Brian Huey, Active in NAELB, Now AACFB, Wins Short Film Festival Awards - Jim Merrilees Joins the Leasing News Advisory Board - Changes in Banks, Particularly Regional, Moving Away from Leasing, Third Party, and Vendor Finance By Randy Haug, LTi Technology Solutions - Who Must Obtain a Lender's License By Marshall Goldeberg, Leasing News Legal Editor - Dext Capital Expands into Technology Vendor Division with Three Top Former KeyBank Employees - Changes in Banks, Particularly Regional, Moving Away from Leasing, Third Party, and Vendor Finance - Sam Walton, Founder of Walmart said this to a group of trainees - Talent Crisis is Here By Steve Chriest & Kit Menkin - Assessing the Ripple Effects of Commercial Disclosure Laws By Kenneth C. Greene, Leasing News Advisor Emeritus - Housing Report, September 2023 The Virginia Tech - USDA Forest Service - Channel Announces Successful Close of $190MM Securitization - 33% of Small Businesses Fail Due to Lack of Capital - Behind the Headlines on Chesswood Group Limited and Their Commercial Finance/Leasing Companies - That Voice on the Phone Using Artificial Intelligence By Sean Murray, Publisher, deBanked - Pennsylvania Hops Aboard the Disclosure Bandwagon By Kenneth C. Greene, Leasing News Emeritus - Banks Facing Additional Issues in Commercial Finance and Leasing Sides of Their Businesses by Randy Haug, LTi Technology Solutions - Alliance Funding Group Announces They Have Formed a New Strategy Mid-Ticket Business Unit - Bankruptcies on the Rise By Peter N. Tamposi, Esq. - Leasing News Has Confirmed Key Equipment Finance Exiting Vendor Business By Christopher Menkin, Publisher - The Corporate Transparency Act of 2024 Many in Business Are Not Aware By Kenneth C. Greene, Leasing News Emeritus - Iowa Bank Failure Tied to Bad Trucking Loans By Craig Fuller, CEO and Founder, Freight Waves - CLFP Foundation adds 26 New CLFPs - CLFP Growth by Company Continues - Chesswood Group Limited and Wafra Inc. Announce Joint Venture for Funding - Is Your Non-Compete Clause Valid? By Kenneth C. Greene, Leasing News Emeritus - Exploring the 62nd Annual ELFA Convention: Future 360 By Shari Lipski, CLFP - Introducing ELFA’s New Board Chair and Board of Director - NEFA Thanks Outgoing Board Members and Welcomes New Board Members plus President - Women in Leasing Update NVLA October Conference - Business in Commercial Finance Industy Has Been Good Compared to other Industries - ELFA Wins Nationwide Relief from Section 1071 - Now is the time to take advantage of higher bonus depreciation - Leigh Lytle appointed new ELFA President and CEO - Ralph Petta to retire, will the next ELFA CEO be a female? Here are the three past female presidents - Dext Capital Celebrates Remarkable Achievement: $1 Billion Originated First Five Years of Operation - Wintrust Financial Corporation Reports Record Year-to-Date Net Income - Maxim Commercial Capital Doubled Fundings in Q3 2023 Demand increased for 2nd lien mortgages to fund working capital - NVLA 2023 Annual Conference Recap By Edward P. Kaye - Highlights from NEFA Funding Symposium By Mel Vinson, CLFP - CLFP Foundation Adds 18 New CLFPs - Artificial Intelligence (AI): Friend or Foe for Finance and Leasing? - Brean Capital Closes Corporate Note Financing for Fora Financial - Full Circle Finance Is Now Employee Owned Tim Cetto to Stay on as Board Member - October 2023 marks the 15th Anniversary of Wheeler Business Consulting - Dr. Dan Geller: But I told you so! Cryptocurrency is the Emperor’s New Clothes - Legal Considerations in Financing and Leasing Your First EV By Edward P. Kaye, Esq. and Matthew W. Daus, Esq. - World Leasing Yearbook 2023: The Essential Guide to Current Opportunities in International Leasing & Asset Finance - Cannabis Sales Slow as Pandemic Eases - Rosanne Wilson CLFP, BPB, Passes Away A Very Close Friend of Mine and Our Industry By Christopher Menkin, Publisher and Editor - The Top Four Leasing/Finance Funder Websites - Tandem Finance Partners with LilyPad EV - Randy Haug Joins Leasing News Advisory Board - Donald Wampler, CLFP, Shows Off His Badges Collected in 2022 - Women in Leasing Roundtable By Sloan Schickler, Esq. - Chesswood Group Limited Announces $12.3 Million Q3 Compared to $9.1 Million 2021 - Notarize and Northteq Launch Online Notarization Integration - American Lease Insurance sold to American Bankers Insurance Group - Rapid Finance Advises Their Originators Pausing New Applications Construction Companies - Marijuana Could Become Legal in These Five States After Midterms - Black Equipment Finance Network Announces Its Formation - DeBanked Broker Fair New York By Sloan Schickler, Esq. - New York Commercial Finance Disclosure Law By Sloan Schickler, Esq. - ELFF Reports Confidence Continues Three Month Drop October goes to 44.9 from September 48.7 - Remember the NorVergence Scandal and Tom Salzano? Now Charged with $650 Million Ponzi Scheme, 2,000 investors - North Mill Equipment Finance Announces $353 Million Term Securitization - National Vehicle Leasing Assoc. Annual Conference By Edward P. Kaye, Esq. - Full Circle Finance Is Now Employee Owned Tim Cetto to Stay on as Board Member - Kaylan Makam New Chief Executive Officer Amur Equipment Finance - ELFA Conference (Day Two) from Orlando, Florida - ELFA Conference Report (Day One) from Orlando, Florida - Top Hurricane Landfall Wind Speed Since 1936, Name and State - A Few Stayed When Tropical Storm Fiona Hit Right After Canadian Finance and Leasing Association - Certificate of Insurance for Finance, Lease or Loan Why it is Very Important - North Mill Equipment Finance Hits $1B in Originations on its Anniversary of Recapitalization - TopMark Funding Marks Another Quarter of Record Breaking Growth for the Fifth Consecutive Quarter - Settlement Costs vs. Litigation Costs