Leasing News Advisor
Senior Managing Director - Canada
Hugh Swandel is the senior managing director of The Alta Group in Canada. The Alta Group is a global consultancy practice specializing in the asset based finance industry. Mr. Swandel is well known to the industry and a frequent speaker at industry events and a current member of the Canadian Finance and Leasing Association board of directors. During recent years Hugh Swandel has assisted many top Canadian industry firms on a variety of projects including market entry studies, acquisitions, due diligence, funding and strategic planning.
With extensive North American contacts in the equipment finance and leasing industry, Hugh has a strong reputation as an effective negotiator of win/win agreements involving mergers and acquisitions, business development, market entry, operations and analysis, securitization and other matters of importance to lessors.
Hugh serves on the boards of directors of the Canadian Finance and Leasing Association (CFLA), is Chairman of the CFLA research committee, and is the past President of the National Equipment Financing Association (NEFA, USA). He also is a member of the Equipment Leasing and Finance Association of America (ELFA). In addition to his involvement in industry association Mr. Swandel is on the advisory board of the industry trade publication Leasing News.
In 2006 and again in 2010, Hugh received the Canadian leasing industry's highest honor when he was named "CFLA Member of the Year." In 2010 Mr. Swandel was also named President and a member of the Executive Committee of the National Equipment and Finance Association in 2011. He is a frequent speaker at industry conferences and has had several articles published in leading industry magazines.
During the Global Credit Crisis Hugh was retained by the Canadian Finance and Leasing Industry to prepare materials and provide insight into the impact of the credit crisis on Canadian independent finance companies. Mr. Swandel presented to the advisory committee to the Minister of Finance and was later asked to provide commentary to the CD Howe Institute at policy development discussion with government and industry representatives. Mr. Swandel has also been a presenter at industry conference, published in numerous industry magazines and co-authored a research document for the Equipment Leasing and Finance Foundation on the Canadian Market.
Mr. Swandel is an active fundraiser and trustee of the Chris Walker Education Fund – an equipment finance industry charity dedicated to furthering research and education in memory of Chris Walker. In addition to supporting industry research Mr. Swandel and his family also operate an annual fundraising concert for Post-Traumatic Stress Disorder Charities in memory of RCMP officer and family friend Ken Barker.
Prior to founding his consulting firm, Swandel and Associates, in 2001, Hugh served as president and chief operation officer of Electronic Financial Group (EFG). EFG was a Canadian company that launched a multi lending web based credit system. Earlier, Hugh spent 10 years with National Leasing Group in a variety of senior positions. National Leasing Group is Canadian lessor that has won numerous awards for excellence in management and innovation.
[Leasing News Advisory Board]