Leasing News

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VP credit Consumer Credit prime/sub prime Auto lending/leasing/mortgages. 20+yrs exp. If you are looking for someone to affect the bottom line I am that person. Will relocate. email:amosca2000@yahoo.com

Credit: Irvine, CA. 25+ years experience with small ticket, municipal, federal, financial disclosure, operations, documentation, funding. Excellent relationships with many funding sources. Proven producer. email: cibo@earthlink.net

Credit: Laughlin, NV. 20 years experience on funder/broker sides. Looking for a relationship where I act as credit shop for smaller brokers when financial statements are involved. email:batarista@laughlin.net

Credit: Long Beach, NY. Credit officer w/more than 20 years of experience. Seeking position in which I can utilize my credit-collections, communication &management skills. email:michaelschaubeck@webtv.net

Over 15 years experience in Credit/ Operations with Small Ticket and transactions up to $500,000.00. CLP, with excellent relationships with most major lenders. Email:jonbh123@earthlink.net

Credit: No. Atlanta, GA. VP Credit/ Operations/Sr. Credit Officer. 15yrs exp. in equipment leasing. Strong financial analysis and management skills. Experience developing and maintaining profitable customer/vendor relationships. email:credops@msn.com

Credit Manager: Kansas City, MO. Equipment finance and leasing, inventory finance, construction & agricultural equipment.

V.P.Credit & Collections w/23 years exp.looking for a situation where I can utilize my varied & extensive knowledge of credit/collections/risk-management & leasing. Email:rcouzzi@yahoo.com

Senior corporate officer with financial services credit background. M and A, fund raising and workout expertise. Email:nywb@aol.com

Credit: San Francisco, CA. 10+ years Credit Analyst experience underwriting for a direct lessor, regional bank and vendor leasing company. Have CLP and will make decisions ( won't rely on a FICO score for enlightenment.) email: pmtorres1@yahoo.com

Credit: New York, NY Credit officer with banking and leasing background; strong analytical and communication/PC skills with lending and portfolio management experience. email: michaelschaubeck@webtv.net

3+ years of leasing credit / contracts experience. Currently in the leasing industry and moving to NY! Exp. working at both funding source and broker.

7+ years Credit/Underwriting experience Comp lit. Please email me for copy of job description at mgallo@comfingrp.com

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If the Feds lower the rate, we will send you a “flash.” But don’t expect it.

Illinois Court in Chicago say yesterday she needed additional time to process the ''troubling'' issues involved and would make a ruling today.

Conseco Finance is a unit of Conseco Inc., a Carmel, Ind., insurance company which is also working through bankruptcy proceedings in the same court.

Large debt, a legacy of risky acquisitions and mobile home loan foreclosures in its consumer finance unit led Conseco in December to become the third-largest U.S. company to file for bankruptcy.

Under Conseco's reorganization plan, St. Paul, Minn.-based Conseco Finance Corp. is being sold for about $1 billion. Once also a leader in small-to-mid size leasing, Conseco is not

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Dan Volungis is the new Territory Manager in Cohasset (Boston), MA. Dan has several years leasing experience in the small-ticket arena and was previously with Access Leasing Services, Inc. He is a graduate of U Mass-Worchester and has a BS in English and Social Studies.

Maria Leonard has joined our team as a Territory Manager in Florence, SC. Maria was formerly with First Prime Capital, BellSouth, Alltel, Direct TV and WBTW (a Media General company). She has an Associate Degree in Business Marketing from Florence-Darling Technical School in Florence, SC.

Dave Youmans is our newest Territory Manager located in Portland, OR. Dave has nearly 20 years leasing experience in the small-to-lower-middle market arena, and spent a great deal of time in advertising and consulting. Dave was previously the principal of MCA Capital. After attending Franconia College in Franconia, NH, Oxford University (Mansfield College) in Oxford,

England, he finished up with a BA degree in Philosophy from the University of Colorado.

LPC also wishes to announce the signing of a National Vendor Agreement with Mac Tools of Columbus, Ohio. Mac Tools now offers automotive repair equipment other than hand tools and LPC has become the lessor of preference for Mac. Mac has over 2000 distributors nationwide and is projecting $15-$20 million in annual lease volume.

Allegiant Partners Incorporated, a direct funding source for brokers and other leasing companies on transactions ranging from $30,000 to $250,000, has signed a new term financing agreement with a bank affiliate based in New York. Allegiant has negotiated financing facilities exceeding $11 million in the last 6 months and is favorably positioned to continue growing its well performing portfolio.

"We have been pleasantly surprised at our ability to raise funds both as a relatively young leasing company and during tough economic conditions. We've worked very closely with our banking partners to help them understand our business and we are

beginning to garner the benefits. Having strong funding relationships will allow us to focus our energies more keenly on our network of brokers, learning how to serve them more efficiently and effectively" stated Doug Houlahan, Director, Finance &

Despite the sluggish spending environment Allegiant is seeing a surge in application volume and credit quality. "We've gotten more aggressive in our rate structure throughout the second quarter and have been impressed with the quality of transactions received. We've made a conscious decision to maintain the credit quality of our portfolio and are willing to structure our transactions accordingly." Added Houlahan.

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Hy Bren. When I said he “retired,” I meant he was “semi-retired.” Matsco

The MidAmerica Association of Equipment Lessors (MAEL), ELA's largest regional affiliate, will be hosting its 19th Annual Golf Invitational on July 28, 2003 at Indian Lakes Golf Club & Resort, www.indianlakesresort.com located in Bloomingdale, Illinois. We have relocated from Harborside International to Indian Lakes Resort to offer our regular attendees a change of scenery and to provide everyone (including companions) with some further amenities. While in the area, be sure to take this opportunity to schedule additional business activities and appointments!

### Press Release ############################################

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De Lage Landen Financial Services names Carol Williams as Director of Sales, West Region for its Office Equipment Strategic Business Unit

WAYNE, Pa., – De Lage Landen Financial Services, a leading international provider of high-quality asset-based finance products for manufacturers and distributors of capital goods, has named Carol Williams as Director of Sales, West Region for its Office Equipment Strategic Business Unit.

In this position, Williams will be responsible for developing and managing manufacturer and distributor/dealer relationships for the SBU, the company’s core business unit and the established industry leader in private label small ticket leasing.

She will report directly to Pat Neary, Vice President – Sales for the Office Equipment SBU and be based in Boulder, CO.

Williams is a 15-year veteran of the vendor finance industry. Early in her career, she spent 10 years working for De Lage Landen in a variety of sales and sales management positions, including Director of Sales Training, Regional Manager and Director of Client Services.

She holds a Bachelor of Science degree in Marketing from the University of Colorado in Boulder, CO.

De Lage Landen International B.V., headquartered in Eindhoven (the Netherlands) is an international provider of high-quality asset financing products. It is a subsidiary of the Dutch Rabobank Group that is AAA-rated by the major rating agencies Moody’s & Standard & Poor's. For the past two years, Rabobank has had the distinction of being named the World's Safest Bank by “Global Finance” magazine. (2001 and 2002).

With offices and joint ventures in 20 countries throughout Europe, the Americas, Australia and New Zealand, De Lage Landen specializes in asset financing and vendor finance programs internationally, with a focus on the following industries: Food & Agriculture, Healthcare, Office Equipment, Information Technology, Telecommunications and Materials Handling & Construction Equipment. In the U.S., De Lage Landen also offers private label leasing programs for the Banking industry, and delivers a broad range of financial services to captive leasing organizations and non-banking financial institutions. In the Netherlands, De Lage Landen offers a broad array of leasing and trade financing products through local Rabobanks and directly to the market. These products include Equipment Leasing, Real Estate Finance, Car and Commercial Vehicle Leasing, ICT Leasing and Trade Finance.

In 2002 De Lage Landen grew its net profit $94 million and its balance sheet total to $12.9 billion.

For more information, please visit our website at www.delagelanden.com

###

Sites of Reference:

http://www.delagelanden.com

CONTACT:

Mary Redmond

De Lage Landen Financial Services

Phone Number: 610 386 5585

Fax Number: 610 386 5038

E-mail: mredmond@leasedirect.com

[Headlines]

http://www.boston.com/dailynews/169/economy/Canadian_Pacfic_Railway_cuts_5:.shtml

Martha Stewart due back in court/Internet full of jokes/pictures of her cell

http://www.boston.com/dailynews/169/economy/Martha_Stewart_due_back_in_cou:.shtml

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1754-the first Colonial congress met at Albany, NY, from this date to July 11, to form a plan of union and to negotiate a treaty with the Six Nations of the Iroquois. Seven colonies attended. Massachusetts Bay sent four delegates, New Hampshire four, New York four, Pennsylvania four, Connecticut three, Maryland two, and Rhode Island tow.

1778-Learning that the British have left Philadelphia, Washington's troops start to move from Valley Forge where raw recruits had spent almost nine months of training, which has turned them into a formidable force. They also joined by

1841- In a letter to President John Tyler from Samuel Colt of Hartford CT, Colt claimed he had invented an “underwater torpedo” and could sink ships by mines. He sank the gunboat Boxer in New York Harbor on July 4, 1842, and the 300-ton brig Volta on October 18, 1842. On April 13, 1843, in the presence of President Tyler, his Cabinet, General Winfield Scott, and other officials, Colt blew up a schooner on the Potomac River by an electric mind from a distance of five miles. His invention was a combination of Robert Fulton’s stationary torpedo and Professor Robert Hare’s galvanic current. It’s claim was that it would protect all US harbors from foreign invasion.

1846- the first baseball game to be played as part of an organized sport took place at Elysian Fields, Hoboken, NJ, when the Knickbocker Baseball Club of New York, the first organized baseball team, was defeated by an informal team called the New York Nine. The score was 23-1 in four innings. The umpire was Alexander Joy Cartwright, a member of the Knickerbocker team. Cartwright was the author of the first set of formal rules for baseball. He also laid out the sport’s diamond-shaped field and established its nine playing positions. The widespread legend that attributes the founding of baseball to Abner Doubleday, a West Point cadet ( later a general ), at Cooperstown, NY, is false. Early versions of baseball, based on the English games of rounders and cricket, were played in the English colonies of America as far back as the early 1700’s.

1856- Elbert Hubbard, born at Bloomington, IL, famous turn of the century American author and craftsman, founded the Roycroft Press at East Aurora, NY. Best known of his writings were A Message to Garcia and a series of essays titled Little Journeys. He also became famous for his furniture designs. Hubbard lost his life with the sinking of the Lusitania, May 7,1915.

1860-Birthday of Lizzie Andrew Borden, suspected but acquitted of the double murders of her father and her step- mother. There was a great deal of circumstantial evidence, but lack of a murder weapon or blood on her clothes stymied prosecutors. The women of the city of Fall River, Massachusetts, supported her by crowding the courtroom - and then after the acquittal ostracized her. Their attitude plus other factors indicate that she was an abused child/woman.

If she committed the murders, she had to have help from people outside the home to cover up the evidence. Contrary to some rumors, the murder hatchet was never found.

1864-The Confederate Cruiser Alabama was sunk by the U.S. S. Kearsarge off Cherbourg, France, while trying to escape into the Atlantic. fifteen thousand Frenchmen watched the battle from shoreline cliffs. In two years of roaming the Atlantic, the Alabama had destroyed or captured 69 vessels.

1865-“Emancipation Day:” celebrated in Texas to commemorate the day in 1865 when Union General Granger proclaimed the slaves of Texas free. Also proclaimed as Emancipation Day by the Florida legislature. Juneteenth has become an occasion for commemoration by African Americans in many parts of the US.

1867-The first running of the Belmont Stakes took place at Jerome Park, NY. The team of jockey J. Gilpartic and his horse, Thuless, finished first in a time of 3:05. The Belmont Stakes continued at Jerome Park until 1889, then moved to Morris Park, NYU, during 1890-95, and in 1906 settled at Belmont Park, NY, where it has continued to the present day. The Belmont Stakes is the oldest event of horse racing’s Triple Crown.

1897- the head stooge in the Three Stooges, Moe Howard was born Moses Horwitz at Bensonhurst, NY. He died May 4,1975, at Hollywood, CA. Howard began his show business career at age 12 by running errands at Vitagraph studios. He worked with Ted Healy in various comedy and singing acts, and together they teamed with Shemp Howard and Larry Fine in the mid-1920s for an early Stooges act. In 1930 the Stooges made their film debut in Soup to Nuts. Although the members of the Three Stooges changed over the years, Moe Howard was one of the constants. Howard appeared in four feature films without the other Stooges, including Doctor Death, Seeker of Souls. http://www.threestooges.com/bios/moe.htm http://web2.airmail.net/willdogs/

1902- bandleader Guy Lombardo, whose orchestra played "The Sweetest Music This Side of Heaven," was born in London, Ontario. Lombardo's Royal Canadians were the most popular dance band in North America in terms of record sales - more than 300-million during the orchestra's 50-year career. Among Lombardo's million-sellers were "Humoresque" in 1946, "Easter Parade" in 1947 and the "Third Man Theme" in 1950. Lombardo went to Cleveland in 1923 with a group of London-area musicians, including his brothers Carmen and Lebert. By the following year, the band was being billed as the Royal Canadians. Lombardo's New Year's Eve radio and TV broadcasts from the Roosevelt Grill in New York were a traditional part of holiday celebrations from 1929 to 1962. The Royal Canadians were known especially for their version of "Auld Lang Syne." Guy Lombardo died on November 5th, 1977.

1903-birthday of Lou Gehrig, lifetime baseball batting average of .341), who played in seven World Series, was born in New York, NY. The baseball Hall of Fame first baseman was born Ludwig Henirich Gehrig but changed his name

for the game to Henry Lewis. Known as the “Iron Horse,” he played in 2,130 consecutive games, a record not surpassed until Cal Ripken did so in 1995. He played 17 years with the Yankees, hit 341 and slugged 493 home runs, 23 of them grand slams. Gehrig retired abruptly in May, 1939 and was diagnosed with the degenerative muscle disease amyotrophic lateral sclerosis, which has become known as Lou Gehrig’s disease. Inducted into the Hall of Fame in 1939 by special election. Died at New York, June 2, 1941.

1906- Earl W. Bascom, famous Mormon rodeo showman and pioneer, birthday. Bascom developed the first side-delivery rodeo chute (1916), the first hornless bronc saddle(1922) and the first one-handed bareback rigging(1925). He produced the first rodeo in Mississippi and also produced the first rodeo performed at night under electric lights.

1910-The first Father’s Day was celebrated. The idea originated with Mrs. John Bruce Dodd, and the holiday was launched by the Ministerial Association and the YMCA of Spokane, WAAS. It is now generally observed on the third Sunday in June.

1910-birthday of Abe Fortas, born Memphis, TN. He was appointed to the Supreme Court by President Lyndon Johnson in 1965. Prior to his appointment he was known as a civil libertarian, having argued cases for government employees and other individuals accused by Senator Joe McCarthy of having communist affiliations. He argued the 1963 landmark Supreme Court case of Gideon v Wainwright, which established the right of indigent defendants to free legal aid in criminal prosecutions. In 1968, he was nominated by Johnson to succeed Chief Justice Earl Warren, but his nomination was withdrawn after much conservative opposition in the Senate. In 1969, Fortas became the first Supreme Court Justice to be forced to resign after revelations about questionable financial dealings were made public. He died April 5, 1982 at Washington, DC.

1914- bluegrass musician Lester Flatt was born in Overton County, Tennessee. Lester Flatt, Earl Scruggs and the Foggy Mountain Boys were one of the most popular country music acts of the 1950's and '60s. They were largely responsible for making bluegrass music popular outside the rural South where it had flourished for years. In the '60s, their biggest hits were "The Ballad of Jed Clampett," from the "Beverly Hillbillies" TV show, and "Foggy Mountain Breakdown," which was used in the soundtrack of "Bonnie and Clyde." By 1969, when Lester Flatt and Earl Scruggs split up, they were one of the best known country music acts in the world. Lester Flatt died on May 11th, 1979.

1926- harmonica player DeFord Bailey, the most important black performer in country music before Charley Pride, made his first appearance on the Grand Ole Opry. His lively adaptations of old songs made him one of the most popular Opry performers until 1941, when he was dismissed, according to Opry founder George D. Hay, for refusing to learn new material.

1942-The Boston Braves’ Paul Waner, known as “Pig Polson,” got the 3,000^th hit of his major league career, but the Pittsburgh Pirates defeated Boston,,7-6. Waner played in the majors from 1926 to 1945, mostly with the Pirates, and finished with 3,152 hits. 1942- Elaine (Spanky) McFarlane, leader of the late 1960's pop group, Spanky and Our Gang, was born in Peoria, Illinois. From 1967 to 1969, the group had hits with "Lazy Days," "Sunday Will Never Be the Same," "Like to Get to Know You" and "Give a Damn." "Give a Damn," a ghetto- consciousness protest song, was banned on many radio stations. The group split up in 1970, only to reform in 1975. In 1982, Spanky McFarlane joined the reformed Mamas and Papas.

1944- June 19-20, determined to prevent any further advancement by the allies in Japan's area of inner defense, Vice-Admiral Jisaburo Azawa ordered the Imperial fleet to the Mariana Islands this day in 1944 for the start of a two day decisive battle. Admiral Raymond Spruance, possibly the US's greatest and most successful naval commander, ordered a strike force against the Japanese fleet in the Philippine Seas. As seen in two episodes of "Victory at Sea," a furious battle developed in the skies between US carrier-borne aircraft and Japanese aircraft from their carriers and land bases on the Marianas. Kamikazi planes were deadly man controlled bombs. The Japanese lost three aircraft carriers ( Shokaku,Taiho and Hiyo ), two destroyers and one tanker. Three carriers, one battleship, three cruisers, one destroyer and three tanks also were seriously damaged.

1949-NASCAR staged the first race in its Strictly Stock series, using new model cars that fans could see at their favorite dealers. The 150-mile event around a dirty track in Charlotte, NC< was won by Glenn Dunnaway.

1950- Loretta Lynn's first single, "I'm a Honky Tonk Girl," made the country charts. It was recorded on a small record label called Zero, and neither the label nor Lynn had enough money to promote the record. So Loretta and her husband mailed out copies to disc jockeys by hand. The record began getting plays and eventually made the country top http://www.lorettalynn.com/ ten.

1951- Ann Wilson, lead singer of the heavy metal group Heart, was born in San Diego, California. The group, featuring Ann's sister, Nancy, on guitar, have sold millions of copies of such albums as their 1976 debut "Dreamboat Annie," "Magazine," "Dog and Butterfly," Bebe le Strange" and "Brigade."

1952- “ I’ve Got a Secret” premiered on television. Celebrity panelists tried to guess the guests’ secrets on this popular game show; celebrity guests also came on to baffle the panel. Guests whispered their secret to the host and the audience saw it on the screen. Garry Moore hosted the show, followed by Steve Allen and Bill Cullen. Allen Sherman (“My Son the Folk Singer”) created the show and most of the celebrity “secrets.” Celebrity panelists included Bill Cullen, Betsy Palmer, Henry Morgan, Bess Myerson, Steve Allen and Jayne Meadows.

1977- Pope Paul VI canonized John Nepomucene Neuman, the first American Citizen to become a saint. He was ordained in St. Patrick’s Cathedral, Mott Street, New York City, 1836. From 1852 until his death in 1860, he served as the fourth bishop of Philadelphia. He was responsible for the organizing the first diocesan school system in America and for building schools, churches, and asylums. In 1896, he was the first male American citizen to be declared venerable. In 1963, he became the first male American citizen to be beatified, and on June 19,1977, he was canonized in Rome by Pope Paul VI.

1977-The Boston Red Sox set three game record of 16 home runs, all against the New York Yankees

1978-The first appearance in the newspapers of lasagna-loving “Garfield,” created by Jim Davis. http://www.garfield.com/

1997- the Andrew Lloyd Webber musical "Cats" became the longest-running show in Broadway history. The 6,138th performance of the musical broke the record held by "A Chorus Line."

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