Update--Kevin M. Collins, CLP, Passes away

Leasing News was informed by Reid Raykovich, CLP, Executive Director of the Certified Leasing Professional Foundation that Mr. Collins was a CLP, which then was able then to obtain a more accurate biography and current photograph:

He was Senior Business Development Manager, Marlin Business Services Corp., joining the firm July, 2012. Prior he was Business Development Officer (Healthcare), TCF Equipment Finance (July, 2011–July, 2012); Founder & Networking Leader - Helping others succeed!, Professional Leadership Group (August, 2007–October, 2011); Trusted Advisor/Vendor Financing Sales - Medical Devices, Software, & IT, Wynn Consulting (September, 2009–July, 2011); National Account Manager - Enterprise Sales/Strategic Accounts (Vendor), FirstCorp (IFC Credit purchased the company) (October,2003–July 2009); President/Owner, Wynn Consulting (December, 2001–October, 2003); Dir/Enterprise Channel Sales & Strategic Accounts, Bombardier Capital (August, 1998–August, 2001); National Sales Manager - Vendor Financing, GE Capital (August 1997–July 1998); Organization: Certified Leasing Professional Foundation (2004-present). Education: Education: Lake Forest Graduate School of Management, Executive MBA (honors), Business Administration (1991–1993); Bowling Green State University, BSBA, Marketing. Honors & Awards

- "Top Gun Award" (8 times) for annual top volume/profit performance. 
- "Presidents Club" (11 times) for annual sales or sales management volume performance
- "Salesperson of the quarter" (6 times),
- Completed S.P.I.N. (SPIN) Sales Training Course
- Completed GE executive courses: Six Sigma Quality Training, Credit Underwriting and Analysis, and Accelerating Leadership Performance.
- Active volunteer participant: Barrington Youth Programs, CareerPlace (Sales and Motivation Training), Uncork Barrington.

“I am active within my community as a volunteer; I split my available time between CareerPlace (a non-profit job search organization), Uncork Barrington (a non-profit organization that provides support to local charities), PADS for the homeless and my church. As a consultant within the industry I have been published in the CLP Foundation Periodicals and DotMed News. I founded two of my own organizations - KMR Investment Group Ltd & Professional Leadership Group (Executive Networking)”

www.linkedin.com/in/kevincollinsclp

Obituary

Kevin M. Collins, CLP, born June 14, 1957, in Chicago, Illinois, passed away peacefully March 22, 2014, surrounded by his loving family. Kevin is survived by his fiancé, Celeste Minella; children, Nicole and Ryan Collins; father, Robert Collins; siblings, Robert (Mary) Collins, Daniel (late Tamera) Collins, Therese (Kevin) Kramer, Mary (Robert) Coleman and Brian (Heather) Collins. He was preceded in death by his mother, Mary Collins. In Memory and in Celebration of Kevin Collins, who made this world a brighter and better place, visitation will be held from 6pm until the time of the memorial mass at 8pm Tuesday, March 25 at St. Anne Catholic Church, 120 N. Ela Street (corner of Franklin and Ela Streets), Barrington. Interment will be private. In lieu of flowers memorial donations in Kevin's name may be made to JourneyCare Foundation, 405 Lake Zurich Road, Barrington, IL 60010. Condolences may be sent to the family at www.davenportfamily.com. Call 847-381-3411 for information. - See more at: 
http://www.legacy.com/obituaries/dailyherald/
obituary.aspx?pid=170342435#sthash.Enx1jGKc.dpuf

[headlines]
--------------------------------------------------------------

Classified Ads---Sales

(These ads are “free” to those seeking employment or looking
to improve their position)

Boston, Mass. Accomplished Sales & Relationship Management Professional with business development experience in the financial services industry. Recognized by market leaders as industry expert in Professional Practice financing, as well as Residential Mortgage Lending. Keen insight and understanding of transaction process and financial requirements of customer. Proven record of exceeding sales goals. deb.harold@hotmail.com

Work Remotely Business Development - Are you looking to enter/increase your Healthcare lending? Let me identify and qualify healthcare (all verticals) vendors, distributors, and end users who utilize leasing/financing as a tool to sell equipment for you. Many years experience - contact Mitchell Utz at mitutz@msn.com or  (215) 460-4483.

Free Posting for those seeking employment in Leasing:
http://www.leasingnews.org/Classified/Jwanted/Jwanted-post.htm

All “free” categories “job wanted” ads:
http://www.leasingnews.org/Classified/Jwanted/Jwanted.htm

 

Introduction to Next Two Columns by Editor

Perhaps it was about the quarterly payment interim rent that the Papa Murphy's franchisee complaint of overpayment was about. The residual not being “fair market value” was resolved. After posting the Bulletin Board Complaint, I asked Leasing #102 columnist Mr. Terry Winders, CLP, to write a column defining "Interim" rent, as well Leasing News Legal Editor Tom McCurnin about the legal issues involved. Their expertise on the matter follows.

Christopher "Kit" Menkin, editor

Balboa Capital Papa Murphy's Bulletin Board Complaint
http://leasingnews.org/archives/Mar2014/3_26.htm#balboa

 

[headlines]
--------------------------------------------------------------

Leasing 102
by Mr. Terry Winders, CLP

Interim Rent

There is a difference between a loan and a lease regarding when income begins. Interest on a loan begins when the money is received by the customer. Leasing is payment for use and therefore the lease payment begins when the lessee puts the equipment to “use”. This has nothing to do with when the lessor actually pays for the equipment. A lessor may get terms from the vendor and not have to pay the vendor for some agreed upon time. In addition, the vendor may require an advance payment or specific terms of payment.

In most cases, the interim rent is additional profit, and it increases when quarterly payments are used rather than monthly payments.

Income to a lessor has to do with when the lease payments start (cash in-flow) and when the lessor pays for the equipment (cash out-flow). In addition, what can the lessor do to increase cash in-flow as it relates to cash out-flow? Also, booking the lease with payments in “arrears” or in “advance” changes the yield, as well as when the actual stream of payments are due.

Please remember the importance of “for use” because the lessee must begin the lease payment when the equipment is put to use. If the lessee wants to have the payments on a specific day of the month, then you take the monthly payment and divide it by thirty days to obtain a daily amount and multiply it by the number of days between the date the equipment is put into use (acceptance date) and the preferred due date to calculate an interim amount.

Usually the interim amount is collected on the second payment because the first payment is paid in advance and the actual acceptance date is unknown until it happens. It can also be billed separately.

In a loan there are some interest only periods, however the lender’s rate or income does not change. In a lease, the lease interim is a combination of lease rate and equipment cost, so it increases the lessors return.

When there are many pieces of equipment, usually they are delivered over a specific period of time. The lease does not begin until the last piece of equipment is delivered, so there needs to be a partial payment on each piece of equipment that is put into use, calculated from the date of “first use.” These payments are called interim payments and they do not affect the actual payment that was agreed upon.

Interim payments have a major impact on the lessor’s yield because the cash received in advance of the start of the lease reduces the amount the lessor has to fund; therefore cash-in vs cash-out raises the return.

You do have to be careful if you are doing an Article 9 lease because in States that have “usury” restrictions, any interims received will be added in for total interest calculations. One of the advantages of an Article 2A true lease is there is no usury because it is not a loan, it is a payment for use.

Interim payments have a nice increase in yield for the lessor, but you need to cover both the payment date interim and the early delivery interim in the language of the lease contract. If you do not have this language, contact your attorney or email me and I will send it to you.

Mr. Terry Winders, CLP, has been a teacher, consultant, expert witness for the leasing industry for thirty-five years and can be reached at terrywinders11@yahoo.com or 502-649-0448

He invites your questions and queries.

Previous #102 Columns:
http://www.leasingnews.org/Conscious-Top%20Stories/Leasing_102/Index.htm

Mr. Terry Winders available as Expert Witness. 35 years as a professional instructor to the top equipment leasing and finance companies in the United States, author of several books, including DVD's, as well as weekly columnist to Leasing News. He also performs audits of leasing companies as an expert on documentation, and has acted as an expert witness on leasing for litigation in legal and tax disputes, including before the IRS. He also has taught the senior bank examiners, how to review a bank leasing department, for the Federal Reserve in Washington D.C. and has trained the examiners for the FDIC on how to prepare a lease portfolio for sale. Mr. Winders received his Master of Business Administration and his Bachelor of Science degrees from the College of Notre Dame. 502.649.0448/terrywinders11@yahoo.com

(This ad is a “trade” for the writing of this column. Opinions
contained in the column are those of Mr. Terry Winders, CLP)

 

[headlines]
--------------------------------------------------------------

Interim Rent: Proper Accounting Function for
Short Term Advances --- Or Is It a Scam?
By Tom McCurnin
Leasing News Legal News Editor

Interim Rent is Legal in Most States that Have Considered the Matter
---But the Provision Has to be Fair, Clear and Unambiguous

Interim rent is the vehicle to compensate the equipment lessor for the time between the deliveries of the equipment (usually coincides with funding) and the first regularly scheduled lease payment. Today’s article will discuss whether the practice is legal and how the lessor can maximize the revenue from this cash cow.

In re Edison Brother Store, 207 B.R. 801 (Bankr. Del. 1997)
Amplicon v Marshfield Clinic, 786 F.Supp. 1469 (W.D. Wisc. 1992)
All-Luminum Products, Inc. v Winthrop Resources, 28 Fed. App. 611 (8th Cir. 2002)
Underwriters Laboratories v Solarcom, (n.D. Ill. 2002).

Historical Application of Interim Rent

When I first entered leasing, interim rent was simply a matter of taking a single payment and dividing it by 30, then multiplying it by the number of days between the delivery and acceptance certificate and the next month’s payment, usually no longer than 29 days. Other lessors used the date of funding the invoice, which was generally within a day or two of the delivery, as the first day of interim rent. To my knowledge, interim rent rarely exceeded a month.

Some bright leasing executive figured out that because the interim rent was less than one of the stated monthly payments, the revenue would not reduce the balance on the equipment lease, and was therefore, 100% pure profit (except for cost of funds). It didn’t take long for lessors to figure out that increasing the time period of interim rent beyond the one month period would a windfall to the lessor. Enter the doctrine of quarterly payments.

Quarterly Payments

The equipment lessor Amplicon first used quarterly payments and interim rent in 1992. It was sued over the practice and, in a reported decision out of Wisconsin, the application of interim rent and quarterly payments was upheld.

The lessor’s sales pitch goes something like this:

Salespersons get the lessee on the phone and tell the lessee that “for the lessee’s convenience ” the lessor will agree” to quarterly payments on the leased equipment, so the lessee is no longer bothered with monthly checks. What the salesperson doesn’t tell the lessee is that the lessor will charge the lessee interim rent for the period between funding and the first payment, which could be as long as 89 days. The salesperson also doesn’t tell the lessee that the interim rent payment will not be credited against the account and does not reduce the lease balance.

The lessee gets a standard lease document which contains an interim rent provision, generally pays no attention to it, and signs the lease. When the lessee figures out that it just threw three months’ worth of payments down the drain, the lessor points to the provision which the lessee signed, and it’s all over but the crying.

In the Amplicon case referenced above, the lessee claimed that the interim rent provision was unfair. A heartless Wisconsin Federal Judge simply ruled that the issue was a matter of contract, and since the provision was clear and unambiguous, it would therefore be enforceable. It’s hard to disagree with this logic, because if the lessee doesn’t read or understand a commercial lease agreement, is it really the lessor’s duty to explain the minefields in the lease document?

The Legality of Interim Rent—Interim Rent Upheld

The issue of interim rent is not addressed in the Uniform Commercial Code, neither in Article 9 nor in Article 2A. The Code drafters were wise not to get bogged down in details and avoided legislating every aspect of equipment leases, so interim rent was left to contract provisions.

Cases interpreting interim rent have been kind
to the practice of interim rent.

In the Edison Brothers case above, the lessee claimed that interim rent was merely a device to increase the lessor’s yield. The Court disagreed, holding that it compensated the lessor for the lessee’s use of the equipment from installation until the date of the first payment.

In the All Luminum decision, the lessee argued that since the lease had a 7% yield, the 8th Circuit should essentially re-write the lease to lower interim rent to an interest only number. The court declined to do so.

Interim Rent Provisions Struck Down

The only case which casts doubt on the use of interim rent provisions is the Illinois decision of Underwriters. The facts of the Underwriters decision are interesting. Underwriters Labs (yes the same company that tests electrical fixtures) leased an enormous amount of solar equipment from the lessor Solarcom.

The lessee claimed that the lessee was promised by a salesperson that the quarterly payments would be all that would be owed, and no other payments would be collected. When the lessee received an invoice of $930,000 for interim rent, it offered to pay the lessor interest only on the obligation but balked at paying the huge interim rent amount. When the lessor refused the offer, the lessee sued.

The lessor filed a motion to dismiss. In considering the motion, the Court was troubled by the large interim rent provision. The court was further troubled by the nature of the transaction, an Article 9 lease, essentially a loan of money, yet the lessor expressed the obligation in the financial terms of a lease. The court noted that “If the parties had used documents tailored to the nature of the transaction—the lending of money—and had included a clause specifying that interest was payable at a specified rate for the period from the date the funds were advanced to the beginning of the quarterly period, [the lessee] would have nothing to complain about.” Consequently, the Court denied the lessor’s motion to dismiss. Although not covered by the opinion, the interim rent provision in the lessor’s lease is a little vague in my opinion.

I don’t think that the Underwriters case is necessarily an aberration, as bad facts make bad law. The salesman may have misrepresented the transaction and the lessor’s documents were not terribly clear. It should be noted that the case settled a little over 90 days after this decision was rendered, so a compromise must have been reached.

Lessons for the Equipment Lessor

I have yet to find a case in which interim rent was charged on a monthly contract and was struck down. So for the vast majority of equipment lessors that use interim rent for its intended purposes, you should rest easy tonight. However, the Underwriters case should give the equipment lessor some pause.

First, let’s be honest here—quarterly payments and an interim rent provision is not for the convenience of the customer—it is almost 100% pure profit. If the lessor socks a lessee with 89 days’ worth of interim rent, do you think the lessor will get that repeat business from that lessee?

Second, if your company is drafting an interim rent provision, make it clear and unambiguous, so a high school senior could understand the provision. For those judges who defer to contractual provisions, this may carry the day.

Third, if a complaint regarding interim rent is received, have in place a structure to elevate the complaint to somebody who understands litigation and risk. Since the interim rent is almost 100% pure profit, the lessor can afford to be magnanimous.

Fourth, sales personnel should obviously not misrepresent the contents of a lease, nor make contradictory statements about the intent of the lessor or the effect of a particular clause. I’ve often thought that sales conversations should be recorded so the issue of misrepresentation can be settled once and for all.

Finally, lessees should obviously read contracts before signing them, and quite frankly, the issue of interim rent and quarterly payments is such a loaded issue, that red flags should be raised.

The bottom line to interim rent is that the vast majority of lessors use it for its intended purpose—to compensate the lessor for the time period between funding and the first schedule payment, usually 29 days or less. However, when quarterly payments are coupled with interim rent, the lessor’s profit and risk increases significantly.

All-Luminum Case
http://www.leasingnews.org/PDF/InterimRentAllLuminumCase_32014.pdf

Amplicon Case
http://www.leasingnews.org/PDF/InterimRentAmpliconCase_32014.pdf

Edison Case
http://www.leasingnews.org/PDF/InterimRentEdisonCase_32014.pdf

Underwriters Case
http://www.leasingnews.org/PDF/InterimRentUnderwritersCase_32014.pdf

Tom McCurnin is a partner at Barton, Klugman & Oetting
in Los Angeles, California.

Tom McCurnin
Barton, Klugman & Oetting
350 South Grand Ave.
Suite 2200
Los Angeles, CA 90071
Direct Phone: (213) 617-6129
Cell (213) 268-8291
Email: tmccurnin@bkolaw.com
Visit our web site at www.bkolaw.com

Previous Tom McCurnin Articles:
http://www.leasingnews.org/Conscious-Top%20Stories/leasing_cases.html

 

[headlines]
--------------------------------------------------------------

Leasing Industry Help Wanted

 

Credit Manager Fort Collins, Colorado Responsible for the daily management of the underwriting efforts in the credit department on transactions up to $75,000 Click here for more informationn www.pawneeleasing.com -Est. 1982, specializing in the under $75,000 marketplace to smaller, closely-held businesses--

 

 

[headlines]
--------------------------------------------------------------

“I’ve Been Out of Job Market a While…”
Career Crossroad---By Emily Fitzpatrick/RII

Question: I have been out of the job market for a while and am nervous about my new career search – any insights?

Answer: This fear is normal when an individual either enters the job market for the first time or reenters after an absence. If entering for the first time, a feeling of apprehension about facing a new challenge is normal. If you are entering the job market after being away for a while, concerns will be geared toward current market conditions and your marketability.

As compnies became lean and/or more competitive, layers of middle management and staff functions were eliminated. Some companies just disappeared (poof) leaving many out of the work force for a short period and for many, a very long time.

Ask Yourself

• Is the job market more difficult now than when you last searched for a job?

• 2nd Q 2014 looks promising!

• Will I be able to secure a position within a given time frame?

  • Goal from submittal of your resume to an offer (ideally) = two weeks; larger corporations (ideally) = 3-4 weeks; time frame dependent on many factor

• How do I approach a job interview in this climate?

  • Assertively

• Am I too young/old, inexperienced / overqualified, generalized / specialized?
  • Prepare; while out of work education / training should have taken precedence.
    
• Am I marketable?
  • If you make yourself so … you have many positive attributes.

Take the time to address each of the five items above ideally with your Career Consultant / Recruiter. Your fear / anxiety can be overcome; preparation, along with developing interview skills and strategies will build the self-confidence needed to face this challenge

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone: 954-885-9241
Cell: 954-612-0567
emily@riirecruit.com
Invite me to Connect on LinkedIn
www.linkedin.com/pub/emily-fitzpatrick/4/671/76
Also follow us on Twitter #RIIINFO

Career Crossroads Previous Columns
http://www.leasingnews.org/Conscious-Top%20Stories/crossroad.html

[headlines]
--------------------------------------------------------------

Companies who notify lessee in advance
of lease expiration

These companies do not use language to confuse, perhaps to deceive, with the result an automatic continuation for an additional twelve months of payments. They do not invoke the twelve months on a $1.00 purchase option or an Equipment Finance Agreement.

In its editorial of June 30, 2011, Leasing News recommends that the equipment lessor send a certified letter with return receipt; however, at this time, the acceptance of the word of the president of the company will be accepted until proven otherwise. http://leasingnews.org/archives/Jun2011/6_30.htm#editorial

ABCO Leasing Advantage Funding Agility Ventures LLC Allegiant Partners American Leasefund, Inc. BancLease Acceptance Corporation  Bank of Ozarks Leasing  Bankers Capital Bank of the West, Indirect Equipment Finance  Black Rock Capital BSB Leasing Calfund Capital Technology & Leasing, LLC Cobra Capital, LLC Commerce National Bank Dakota Financial, LLC Direct Capital eLease Financial Pacific Leasing Five Point Capital, In Forum Financial Services, Inc. Gonor Funding

GreatAmerica Financial Innovative Lease Services, Inc. Lease-$mart Madison Capital Macrolease Corporation  Manufacturer's Lease Plans, Inc Mesa Leasing Maxim Commercial Capital (Microfinancial)/TimePayment  Mount Pleasant Capital National Machine Tool Financial Corporation Navitas Lease Corp.  Northwest Leasing Company P&L Capital Corporation  Pacifica Capital  Padco Financial Services Pawnee Leasing Corporation Southern California Leasing, Inc Specialty Funding, Albuquerque, New Mexico Standard Professional Services, LLC Stoddard & Associates  TEAM Funding Solutions

(Click on name or go to full list:)
http://www.leasingnews.org/Pages/lease_expiration.html

((Please click on ad to learn more))
(Leasing News provides this ad “gratis” as a means
to help support the growth of Lease Police)

 

[headlines]
--------------------------------------------------------------

[headlines]
--------------------------------------------------------------

 

Top Stories March 24---March 28
(You May Have Missed One)

Here are the top stories opened by readers:

(1) Balboa Capital Papa Murphy’s Bulletin Board Complaint
By Christopher Menkin
http://leasingnews.org/archives/Mar2014/3_26.htm#balboa

(2) “A Great Time to be in the Equipment Leasing Industry”
By Bruce Kropschot, The Alta Group
http://leasingnews.org/archives/Mar2014/3_24.htm#great

(3) Kevin M. Collins, CLP, Passes away
http://leasingnews.org/archives/Mar2014/3_28.htm#collins

(4) Dallin Hawkins Gives His Side Posted on LinkedIn.com
http://leasingnews.org/archives/Mar2014/3_24.htm#dallin

(5) Pictures from the Past---1997---Victor Harris
http://leasingnews.org/archives/Mar2014/3_28.htm#pictures

(6) Leasing 102 by Mr. Terry Winders, CLP
"Bank Leads"
http://leasingnews.org/archives/Mar2014/3_24.htm#leads

(7) New Hires---Promotionshttp://leasingnews.org/archives/Mar2014/3_28.htm#hires

(8) “Competition Today for Jobs in Leasing”
Career Crossroad---By Emily Fitzpatrick/RII
http://leasingnews.org/archives/Mar2014/3_24.htm#crossroad

(Tie) (9) "Commitment to Lease" Agreements
http://leasingnews.org/archives/Mar2014/3_26.htm#commitment

(Tie) (9) When Can You Keep the Advance or Deposit?
http://leasingnews.org/archives/Mar2014/3_26.htm#when

(10) All Madoff Victims under $925,000 to be Satisfied in Full
http://www.leasingnews.org/PDF/madoff_customers_32014.pdf

 

 

[headlines]
--------------------------------------------------------------

 

Display Advertising

The editor tries to place banner ads where they will be read by those the advertisers want to reach, rather than placed at random. News stories that will have an “ill” effect are avoided as best as possible. Often it is the position of the banner ad that attracts more response. This is at the sole discretion of the editor.

Samples of ads follow as well as the Rate Card:

Display Ad Sizes 

$695.00 
6.5W X 2.5 H - 468W X 180H 
21 days

---

$895.00 
6.5W X 4" H - 468W X 288H 
21 days

 

$995.00 
6.5W X 5" H - 468W X 360H 
21 days

---

Rate Card

Display Ad

Web Display Advertising
Price	Ad Size	Pixels Size	Term

$695.00	6.5" W X 2.5" H	468W X 180H	21 days
$895.00	6.5" W X 4" H	468W X 288H	21 days
$995.00	6.5" W x 5"H	468W X 360H	21 days

These display ads appear below the headline section and Constant Contact News Edition
in a chronological order at the discretion of the editor or are placed by the editor 
in appropriate articles to gain the maximum attention.

- All design work is free. 
- Clicking to a web site or another page is free. 
- If design work sent, please send jpeg or gif and with right click of mouse, please check pixel size of ad.

Leasing News reserves the right to refuse advertising, particularly to a company that has appeared in the complaint bulletin board. 

Email: Kitmenkin@leasingnews.org

Labrador Retriever Mix
Louisville, Kentucky Adopt-a-Dog

 

Lucky (I'm a STAR) (P.R.O.U.D. Graduate)
Animal ID: 20856298
Breed: Retriever, Labrador/Mix
Age: 3 years 7 months 1 day
Sex: Male
Size: Large
Color Black
Neutered
Declawed: No
Site: Main Campus, 241 Steedly Drive
Location: Dog Adoptions - Kennel 1
Intake Date 1/22/2014
Adoption Price: $155.00
Stage Available - P.R.O.U.D. program

Kentucky Humane Society
MAIN CAMPUS
(502) 366-3355
241 Steedly Drive
Louisville, KY 40214
FAX (502) 366-3653

Adoptions: Open 7 Days a Week, 11 a.m. to 6 p.m.
Admissions: Monday - Saturday, 8:30 a.m. to 6 p.m.;
Sunday, 11 a.m. to 6 p.m.
Appointments available 11 a.m. to 5 p.m.

Adopt a Pet
http://www.adoptapet.com/

 

[headlines]
--------------------------------------------------------------

 

Classified ads—Asset Management

Leasing Industry Outsourcing
(Providing Services and Products)

Asset Management: Atlanta, GA premier provide accounts receivable management functions from 3rd Party contingency collections to Portfolio Purchasing. Contact George Elliott, National Account Manager. 678-694-9063, www.westassetmanagement.com	Asset Management: Boston, MA Nationwide appraisals, remarketing, audits, inspections and more! Over 15-years industry experience and dedicated to deliver personal, prompt, professional services.  Call Chris @ 508-785-1277. Email: chris@dovermanagementgroup.com
Asset Management: Minneapolis, MN NetSentric provides services to leasing companies: Inspection, Appraisals, Auditing, Warehousing, Repossession, Asset Management, Repairs, Remarketing and Field Service for Electronics and Computing Technology. Email: jcahill@netsentricinc.com	Asset Management: Monroe, NC Recover a greater return on your investment.  We specialize in the woodworking, pallet, sawmill and forestry industries.  Carolinamachinerysales.com/Melinda Meier (704)288-1904 x103
Asset Management: Nationwide  BUYER/LENDER BEWARE. Don't sign anything until Collateral Verifications Inc. goes onsite, knocks on the door and gets the facts. http://www.i-collateral.com Email: mark@i-collateral.com	Nationwide  Seasoned and fair priced workforce is at your service for all lease collections, repossessions, and asset liquidations, appraisals.  Call Nassau Asset Management 800-462-7728  dcastagna@nasset.com
	Asset Management: Orange City, FL We help Lessors Liquidate un-wanted Assets valued at $750,000+. It's an effective method of Liquidating Assets such as Jets, Planes, Helicopters, Freighters, etc.  Eric R. Sanders  Tel  386-789-9441  www.ValuedAssetSales.com  www.The-RandolphCapital.com  EQPMNTLEASING@aol.com
Asset Storage/Re-Marketing: Ohio & surrounding states. Providing no cost warehousing, condition reports, digital photos and remarketing of off-lease forklifts & industrial equipment. NAFTA wide dealer network. Email to GCochran@OhioLift.com	Asset Management Melville, New York Auctions, Appraisals, National Repossessions.  ALL asset classes. 20+ year team works for you. Spend less, Net More… Fast! Ed Castagna 516-229-1968ecastagna@inplaceauction.com
Asset Management: South East US- AllState Asset Management  Recovery, remarketing, inspections. 25 years experience, dedicated to deliver, prompt, professional services.  Call Brian @ 704-671-2376. email	Asset Management: Global Specializing in Semiconductor and Electronic Test Equipment collateral. Lender services include Consignment Sales, Remarketing, Portfolio Purchases, Inspections, De-installation, Repairs and Warehousing.  www.testequipmentconnection.com mnovello@testequipmentconnection.com
Bulldog Asset Management provides recovery and remarketing services with a difference. Contingent repos, free storage and industry experts to remarket. Email:Jamie@bulldogasset.com  www.bulldogasset.com	Asset Management: Portsmouth, NH Unique approach improves results, keeps costs down. Repossession, Storage, Inspection, Legal, Appraisal, Transport, Remarketing. Free advice and resources.Call 855.EENGINE lendersolutions.equipmentengine.com

All "Outsourcing" Classified ads (advertisers are both requested

and responsible to keep their free ads up to date:

http://www.leasingnews.org/Classified/Outsourcing/Outsourcing.htm

How to Post a free "Outsourcing" classified ad:

http://www.leasingnews.org/Classified/Outsourcing/Outsourcing-post.htm

http://www.leasingnews.org/Ads/Completed/jkrm_112013.html

(Leasing News provides this ad as a trade for investigations

and background information provided by John Kenny)

 

 

News Briefs----

Top 100 public pension fund assets reach new record, up 12.5% in 2013
http://www.pionline.com/article/20140327/ONLINE/140329905/census-bureau-top-100-public-pension-fund-assets-reach-new-record-up-125-in-2013

Inflation and Interest rates: Up, Up and Away
http://ww2.cfo.com/the-economy/2014/03/inflation-interest-rates-away/

The Global Intercloud: A Whole New Ball Game for Cisco
http://www.enterprisenetworkingplanet.com/datacenter/datacenter-blog/the-global-intercloud-a-whole-new-ball-game-for-cisco.html

Axis Bank to open 750 urban branches over next two years
http://www.business-standard.com/article/pti-stories/axis-bank-to-open-750-urban-branches-over-next-two-years-114033000187_1.html

 

Credit Manager Fort Collins, Colorado Responsible for the daily management of the underwriting efforts in the credit department on transactions up to $75,000 Click here for more informationn www.pawneeleasing.com -Est. 1982, specializing in the under $75,000 marketplace to smaller, closely-held businesses--

 

[headlines]
--------------------------------------------------------------

--You May Have Missed It

Best Restaurants in San Francisco Greater Bay Area
http://sfist.com/2014/03/24/25_best_restaurants_san_francisco.php

[headlines]
--------------------------------------------------------------

SparkPeople--Live Healthier and Longer

A Getting-Started Guide to CSAs
Eating Locally Just Got Easier
http://www.sparkpeople.com/resource/nutrition_articles.asp?id=1561

[headlines]
--------------------------------------------------------------

Spring Poem

After the Winter

BY CLAUDE MCKAY

Some day, when trees have shed their leaves
And against the morning’s white
The shivering birds beneath the eaves
Have sheltered for the night,
We’ll turn our faces southward, love,
Toward the summer isle
Where bamboos spire the shafted grove
And wide-mouthed orchids smile.

And we will seek the quiet hill
Where towers the cotton tree,
And leaps the laughing crystal rill,
And works the droning bee.
And we will build a cottage there
Beside an open glade,
With black-ribbed blue-bells blowing near,
And ferns that never fade.

[headlines]
--------------------------------------------------------------

Sports Briefs----

How did Kentucky get to the Final Four
http://sports.yahoo.com/news/that-bed-john-calipari-made-for-himself-is-looking-pretty-comfortable-these-days-022251532-ncaab.html

For Napier, the NBA can wait
http://www.nytimes.com/2014/03/31/sports/ncaabasketball/for-shabazz-napier-nba-can-wait.html

No crying in baseball, everyone's rich
http://www.usatoday.com/story/sports/mlb/2014/03/30/mlb-salaries-2014-dodgers-yankees/7095655/

[headlines]
--------------------------------------------------------------

California Nuts Briefs---

California Drought: San Joaquin Valley sinking as farmers race to tap aquifer
http://www.contracostatimes.com/drought/ci_25447586/california-drought-san-joaquin-valley-sinking-farmers-race

7.5 quake on California fault could be disastrous
http://www.sacbee.com/2014/03/30/6280368/75-quake-on-california-fault-could.html

Silicon Valley workers want CEOs who make them feel they are on a mission
http://www.mercurynews.com/michelle-quinn/ci_25439091/quinn-silicon-valley-workers-want-ceos-who-make

Yee case started in 2006 after killing of Chinatown leader
http://www.sfgate.com/bayarea/matier-ross/article/Yee-case-started-in-2006-after-killing-of-5360255.php

[headlines]
--------------------------------------------------------------

“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

Which States Drink The Most Wine?
http://www.businessinsider.com/wine-consumptionunited-states-2014-3

Wine critic Robert M. Parker Jr. to launch a lifestyle magazine for the mega-rich
http://www.latimes.com/food/dailydish/la-dd-wine-critic-robert-parker-to-launch-a-lifestyle-magazine-for-the-megarich-20140326,0,4129912.story#axzz2xD2jyAoG

"Grape Disaster" Declared For Finger Lakes Wine Region
http://www.rochesterhomepage.net/story/d/story/grape-disaster-de clared-for-finger-lakes-wine-regi/23807/MgxXybBzMEGhVTdHFJzHcA

Free Mobile Wine Program
http://leasingnews.org/archives/Feb2010/2_26.htm#mobile

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

US/International Wine Events
http://www.localwineevents.com/

Winery Atlas
http://www.carterhouse.com/atlas/\

Leasing News Wine & Spirits Page
http://two.leasingnews.org/Recommendations/wnensprts.htm