Information, news, and entertainment for the commercial
alternate financing, bank, finance and leasing industries

SubscribeSearch | All Lists | Site Map
Conferences/Forums | Advertising | Archives | Columnists
Don’t take the bait on phishing scams |Top Ten Stories Chosen by Readers

Contact: kitmenkin@leasingnews.org



Thursday, October 17, 2024


Today's Leasing News Headlines

Law Firm of Berger Montague, Toronto
    Files Action Against Chesswood Group Limited
North Mill Sues Traction Capital and Leasing
    Ken Greene, Esq., Leasing New Emeritus 
New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing and Finance Industry Help Wanted
  Excellent Compensation/Marketing Support
    Many Openings, Many Remote
Confidence "Steady" Reports
    Equipment Leasing & Finance Foundation
Maxim Commercial Capital Funds Nearly 80%
    More Transactions for the 3Q of 2024
Equipment Leasing & Finance Foundation
    Scholarship Winners - Where Are They Now?
Special Halloween Movives Editon, Part 1
    by Fernando Croce
2024 CLFP Lifetime Members
    Nancy Geary CPA, CLFP and Stephen Crane, CLFP

News Briefs---
Small Business Administration Depletes
    Disaster Loan Funds
Holiday Sales Growth Expected to
    Normalize in an Abnormal Year
Profits Leap at Goldman Sachs as
    Banks See Steady Economy
Walgreens will close 1,200 stores by 2027
    as earnings top estimates
7-Eleven to close over 400 stores
    in North America 

You May Have Missed ---
Can Remote Workers
    Reverse Brain Drain?

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]
--------------------------------------------------------------

Law Firm of Berger Montague, Toronto, Canada
Files Action Against Chesswood Group Limited


Attorney Andrew Morganti has their firm has over
2,000 Clients regarding the Chesswood case

Case Number: CV-24-729269-00CP
Practice Area: Securities Investor Protection
Court: Ontario Superior Court of Justice
Ticker Symbol: CHW (TSX)
CUSIP: 16550A
Class Period Start Date: 09/05/2023
Class Period End Date: 12/07/2024

https://bergermontague.ca/cases/chesswood-group-limited/

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

North Mill Sues Traction Capital and Leasing
Ken Greene, Esq., Leasing New Emeritus 

Leasing News has been advised that North Mill Equipment Finance has filed suit against Traction Capital and Leasing for breaching their loss reserve pool funding obligations.  According to the complaint, Parsonex Special Situations Fund funded, in August 2022, a $1.5 million cash loss pool to reimburse NMEF for claims to be made by NMEF related to defaulted transactions for EFAs sold by Traction to NMEF.  Traction was obligated to replenish the loss pool for claims paid to keep the balance at $1.5 million.  Over time, as claims were paid, the loss pool balance began to dissipate as Traction breached their obligation to replenish the loss pool balance.  Traction further breached its obligations by causing Parsonex not to pay two claims and for failing to go through the disputed claims provisions of the agreements. 

According to Traction’s website, its principals are Dakota Forgione, Ash Bianco, and Scott Valentine.  Based on the underwriting guidelines contained in the filing, the EFAs to be originated by Traction were primarily targeted at the trucking industry.

Here is a link to the lawsuit, filed in August 2024, in the Superior Court of California, Los Angeles County, Van Nuys Courthouse

PDF link

Ken Greene
Law Office of Kenneth Charles Greene
5743 Corsa Avenue, Suite 208
Westlake Village, California 91362
Tel: 818.575.9095
Fax: 805.435.7464
ken@kengreenelaw.com
www.kengreenelaw.com

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

New Hires/Promotions in the Leasing Business
and Related Industries


Dallas Bardwell was hired as Vice President of Sales, Sales Manager of Transportation/Construction, Oswego, Oregon. He is located in Orlando, Florida. Previously, he was Senior Sales Executive,  JB&B Capital, LLC (August, 2013 - September, 2024); Senior Sales Manager, Tandem Finance (November, 2020 - August, 2023).
https://www.linkedin.com/in/dallas-bardwell-79100411a/


Austin Conterio was hired as Sales team Lead, Lendio,  Lehi, Utah. He is located in Sandy, Utah. Previously, he was at Acima, starting July 2018, Inside Sales Representative, promoted February, 2020, Manager of Inside Sales, promoted Senior Manager, Merchant Success and Sales (March, 2023 - February, 2024).
https://www.linkedin.com/in/austinconterio/


Bob Fite was hired as Regional Finance Manager, CLAAS Financial Services, Cincinnati Metropolitan Area. Previously, he was Equipment Finance Specialist, Jupiter Equipment  Finance (August, 2024 - October, 2024). He was hired as Operations Manager for Jupiter Equipment Finance, May, 2015, promoted Relations Manager II, Program Manager (July, 2022 - March 2004).
https://www.linkedin.com/in/bob-fite-76935b240/


Travis Pocok was hired as SVP, SLR Business Credit, Princeton, New Jersey. He is located in Cornelius, North Carolina. He was self-employed as Travis Glenn Consulting, LLC (September, 2022 - October, 2024); Senior Vice President, Alterna Capital Solutions (October, 2018 - October, 2022);SVP, Business Development Manager, ENGS Commercial Capital, a Division of Engs Commercial Finance (May, 2018 - October, 2018). Full Bio:
https://www.linkedin.com/in/travispocock/details/experience/
https://www.linkedin.com/in/robertseltzer1/


Robert Seltzer was promoted to Executive Vice President, Ansley Park Capital, New York. He is located in New York City. He joined the company as Executive Vice President, Originations (February, 2024 - October, 2024). Prior, he was Chief Commercial Officer, BCI Capital Corp. (July, 2021 - March, 2024); Chief Commercial Officer, BCI Capital (July, 2021 - March, 2024); Managing Director, Capital Equipment Finance, CIT (2015 - July, 2021). Full Bio:
https://www.linkedin.com/in/robertseltzer1/details/experience/
https://www.linkedin.com/in/robertseltzer1/


Kristopher Tozier was hired as Vice President & Vendor Development - Hard Assets, Financial Partners Group, Dover, New Hampshire. He is located in Hampton Falls, New Hampshire. Previously, he was at First Citizens Bank, starting October, 2005, as Salesperson, promoted Senior Finance Manager (October, 2025 - October,2024).
https://www.linkedin.com/in/kristopher-tozier-937a9b98

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

Leasing and Finance Industry Help Wanted
  Excellent Compensation/Marketing Support
    Many Openings, Many Remote


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

Confidence "Steady" Reports the
the Equipment Leasing & Finance Foundation


(Chart: ELFF)

The October 2024 Monthly Confidence Index for the Equipment Finance Industry " Overall, confidence in the equipment finance market is 61.8, steady with the September index of 61.9, which was the highest level since January 2022. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future..."


Jim DeFrank, EVP and Chief Operating Officer, Isuzu Finance of America, Inc., observed, "The Fed’s intent to lower interest rates combined with stabilizing of inflation will stimulate investment, spending and expansion.”


Jeffry Elliott, CLFP, President, Huntington Equipment Finances, “Lower interest rates will ignite capex for smaller companies that have been on the sidelines for a few years and need to add or replace equipment for growth. Getting past the election should provide some clarity on the economic direction of the U.S., thus more capex investments can be made. Lastly, on shoring will continue to promote infrastructure investment which requires capex spending to execute.”


David Normandin, CLFP, President and Chief Executive Officer, Wintrust Specialty Finance, stated, “With the upcoming election close and the Fed starting the cycle of rate cuts, the uncertainty around these specific concerns will lessen. I think this will help business get back to work solving their customers’ problems and increase investment in capital equipment.

"Additionally, equipment finance companies, specifically within the bank segment, have unfrozen and are actively investing in the equipment finance sector providing needed access to capital at more attractive rates.”

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

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

Maxim Commercial Capital Funds Nearly 80%
More Transactions for the Third Quarter of 2024

LOS ANGELES, CALIF.) – Maxim Commercial Capital (“Maxim”) reported robust results for the third quarter of 2024, funding nearly 80% more transactions than during Q3 2023. Despite a slow freight market, hurricane damage in the southeast, and the upcoming election, Maxim experienced a steady flow of applications from equipment vendors and finance brokers. Maxim provides loans and leases from $10,000 to $3 million secured by class 6 and 8 trucks, trailers, heavy equipment, and real estate for small and mid-sized business owners nationwide.


Michael Kianmahd, Maxim’s CEO, said, “While economic headwinds and other issues are reducing overall demand for financing, many of our competitors have exited the business creating opportunity for Maxim.

“Undoubtedly, the fact that we are a closely held business, unbeholden to a large corporate parent, enables us to adapt quickly to changes in the market for the benefit of our customers. And our team’s commitment to exceptional service is evident by the positive feedback received from customers. We are well-positioned to withstand continued flux and an eventual improvement in the market.” 

The used truck industry was soft during the period, with stable prices and abundant inventory on dealer lots. Maxim funded truck purchases and leases in 32 states during Q3 2024 with competitive down payments. Examples include a $57,000 2020 Freightliner Cascadia 126 with 490K miles for an experienced owner-operator with a 713 FICO for just 21% down; a $40,000 2019 Kenworth T680 with 565K miles for a start-up owner operator with challenged credit and a co-applicant with better credit for 30% down; and a $46,000 2020 Freightliner Cascadia with 546K miles for an experienced owner operator with a 608 FICO for 26% down. 

Finance brokers turned to Maxim during the period to provide funding for customers seeking to purchase heavy construction equipment to grow their business. Financings included a $59K, 30-month term loan for a challenged credit contractor in Mississippi to purchase a 2018 CASE 650M LGP Dozer and a 2018 CASE CX130D Crawler Excavator so he could continue growing his six employee, $1.0MM revenue business; a $50K, 36-month term loan for a start-up contractor in Texas with a 778 FICO to buy a 2018 Mack XHU613 tri-axle axle dump truck; and a $44K, 30-month term loan for a contractor in Alabama with seven years of experience and a 633 FICO and discharged bankruptcy to buy a 2012 Vermeer 20x22 Series II Directional Drill. 

For more examples of recent fundings:
https://www.maximcc.com/financing-solutions/recent-fundings/

About Maxim Commercial Capital

Maxim Commercial Capital helps small and mid-sized business owners nationwide by providing loans and leases (“financing”) from $10,000 to $3 million secured by trucks, trailers, heavy equipment, and real estate. It funds equipment purchase financings and leases, working capital, and debt consolidations. Maxim’s more creative financing structures leverage equity in real estate and owned heavy equipment to facilitate growth and preserve customers’ cash. As a leading provider of transportation equipment financing, Maxim supports start up and experienced owner-operators and non-CDL small fleet owners by funding loans and leases for class 8 and class 6 trucks, trailers, and reefers. Learn more at www.maximcc.com https://www.maximcc.com/financing-solutions/recent-fundings/ or by calling 877-776-2946.

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

 

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

Equipment Leasing & Finance Foundation
Scholarship Winners - Where Are They Now?

update of
https://www.elfaonline.org/news-and-publications/magazine/issue/article/october-2024/where-are-they-now--foundation-scholarship-winner-update

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

Watch at Home
by Fernando Croce, Leasing News Movie Reviewer

Special Halloween Edition, Part One

With Halloween just around the corner, we’ve put together a multi-part catalog of classic frightfests to go with your pumpkin treats. Check back next week for more indelible horror tales.

What Ever Happened to Baby Jane? (1962): It’s battle of the divas in this deliciously lurid Gothic melodrama, which finds macho director Robert Aldrich (“The Dirty Dozen”) depicting a different kind of warfare. “Baby” Jane Hudson (Bette Davis) is a former child star who now cares for her sister Blanche (Joan Crawford), who’s been paralyzed from the waist down since a car accident decades earlier. Their crumbling Hollywood becomes an arena of cruelty, as the increasingly deranged Jane keeps Blanche trapped in her own bedroom while nursing dreams of making a big-screen comeback with the help of a seedy songwriter (Victor Buono). Can Blanche escape before madness consumes her sister? Made with fierce style and a rich vein of dark humor, this is an entertaining ride through Tinseltown’s dark side.

Rabid (1977): Synonymous with a distinctive brand of horror, director David Cronenberg (“The Fly”) scored an early box-office hit with this vigorous variant of the zombie subgenre. Rose (Marilyn Chambers) is a young Montreal woman who, after undergoing experimental surgery in the wake of a motorcycle crash, finds herself inexplicably hungering for human blood. Feeding off farmers while wandering the countryside, she kicks off a chaotic pandemic as a new strain of rabies sweeps across the region. Martial law is declared in an attempt to contain the marauding ghouls, and Rose’s boyfriend Hart (Frank Moore) struggles to track her down before it’s too late. Cementing Cronenberg’s talent for visceral chills full of fascinating subtext, the movie offers plenty of shocks along with a touching turn from legendary adult star Chambers.

Bram Stoker’s Dracula (1992): The oft-filmed vampire classic gets the operatic treatment in this lavish version from Francis Ford Coppola (“The Godfather”). Splendidly played by Gary Oldman, the eponymous bloodsucker is a medieval prince cursed to stalk the living for the ages, mourning the loss of his beloved. Said beloved returns unexpectedly in the form of Mina Harker (Winona Ryder), the bride of Jonathan (Keanu Reeves), the young lawyer who comes to his Transylvanian castle. Dracula sets off to London and rekindles the connection to his reincarnated muse, though their reunion proves to be short-lived as Professor Van Helsing (Anthony Hopkins) investigates the occult happenings. Bringing the old tale to spirited life with a vigorous panoply of cinematic techniques, Coppola serves up a full feast of voluptuous expressionism.

Pulse (2001): Japanese horror is rich enough to deserve a column all of its own, but for now let’s just focus on one of its most accomplished achievements, namely this remarkably unsettling vision of technological shivers. Set in Tokyo, the story kicks off with the suicide of a college student (Kenji Mizuhashi) and follows with a pair of distinct but parallel tales focusing on how the Internet has become a literally haunted netherworld. In one, a young woman (Kumiko Aso) is plagued by spectral images and messages on her computer. In the other, a student (Haruhiko Kato) is drawn to websites where actual ghosts may dwell. Director Kiyoshi Kurosawa goes beyond easy scares to craft a snapshot of modern alienation, employing surreal imagery to portray a world edging toward a cyber-void. With subtitles.

Us (2019): For his follow-up to the Oscar-winning “Get Out,” writer-director Jordan Peele serves up another sharp and evocative horror vision. Lupita Nyong’o is excellent as Adelaide, a young wife and mother who moves with her family back to her childhood home, a site of haunting memories. Her sense of dread grows stronger as mysterious figures start to circle her house, wearing masks and mimicking their actions. What begins as a home invasion grows more bizarre as the masks come off and Adelaide and her family come face to face with a deeper horror than they ever dreamed. Without giving too much away, it’s clear to see how Peele has drawn on “Invasion of the Body Snatchers” for his second film, displaying keen cinematic expertise while expertly combining humor and fright.

Fernando Croce is a nationally recognized film reviewer and has been contributing to Leasing News since 2008. His reviews appear each Friday.

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

We are proud to announce that Nancy Geary CPA, CLFP and Stephen Crane, CLFP were honored with Lifetime Member Awards during CLFP Day.

The award was created in 2022 to honor those who contributed significantly to the Foundation over the years and remained involved throughout retirement. In 2023, the award was renamed the Larry LaChance Lifetime Member Award, in honor of long-time CLFP and Board Member, Larry LaChance, who passed earlier that year. Nominees were submitted by Foundation Board members and then voted on by the entire Board.

Join us in congratulating Nancy and Steve in this exciting honor!

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

News Briefs

Small Business Administration Depletes
   Disaster Loan Funds
https://www.nytimes.com/2024/10/15/us/politics/small-business-administration-fema-helene-milton.html

Holiday Sales Growth Expected to
    Normalize in an Abnormal Year
https://www.nytimes.com/2024/10/15/business/holiday-sales-growth.html

Profits Leap at Goldman Sachs as
    Banks See Steady Economy
https://www.nytimes.com/2024/10/15/business/goldman-sachs-citi-bank-of-america-profit.html

Walgreens says it will close 1,200 stores by 2027,
as earnings top estimates
https://www.cnbc.com/2024/10/15/walgreens-wba-earnings-q4-2024.html

7-Eleven to close over 400 stores
     in North America
https://www.npr.org/2024/10/12/g-s1-28033/7-eleven-store-closures-us-canada

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


Can Remote Workers Reverse Brain Drain?
 Researchers found that when remote workers
  were paid to move to Tulsa, Okla.
https://www.nytimes.com/2024/10/16/business/tulsa-remote-workers.html

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


Sports Briefs---

49ers’ Ricky Pearsall practices for first time
    since San Francisco shooting
https://www.eastbaytimes.com/2024/10/14/49ers-ricky-pearsall-practices-for-first-time-since-san-francisco-shooting/

Former Major League Baseball sluggers differ on
   A’s move to Sacramento. What they said
https://www.sacbee.com/news/local/article293961839.html

How Roger Goodell Became the N.F.L.’s
$20 Billion Man
https://www.nytimes.com/2024/10/12/business/roger-goodell-nfl.html

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


California News Briefs---

L.A. Catholic Church to pay record settlement over
 clergy abuse; cumulative payouts top $1.5 billion
https://www.latimes.com/california/story/2024-10-16/archdiocese-of-los-angeles-to-pay-880-million-in-the-largest-clergy-sexual-abuse-settlement

BART is dying. But will the SF Bay Area pay
higher taxes to save it?
https://www.sfchronicle.com/sf/article/bart-office-work-tax-19824343.php

Historic San Francisco tiki bar the Tonga Room is
a rite of passage. But is it really worth visiting?
https://www.sfgate.com/food/article/visiting-San-Francisco-tiki-bar-the-Tonga-Room-17213576.php

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

Gimme that Wine

 

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

Leading Sustainable Alexander Valley Wine Estate
  Completes Milestone for LEED Platinum Certification
https://www.winebusiness.com/news/article/293850

He criticized one of California’s most popular wines.
Then he got a letter from its lawyers
https://www.sfchronicle.com/food/wine/article/meiomi-pinot-noir-sugar-19811640.php

Napa Valley Farmworker Foundation to Host   
  Leadership and Viticulture Conference
for Napa County Farmworkers in Spanish
https://www.winebusiness.com/news/article/293856

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

This Day in 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


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)

- Facts About the so-called $7,500 EV Credit
    Electrek.com
- Americorp Elevates Equipment Finance Operations  
    with LTi Technology Solutions’ ASPIRE Platform
- Sudhir Amembal Announces Training Scholarships
    to Industry Newcomers
- Trustee Seeks Denial of Kris Roglieri Discharge
  in Chapter 7 Based on Massive Fraud Scheme 
    By Ken Greene, Leasing News Emeritus
- The Unfortunate Tale of Dallin Hawkins
    By Ken Greene, Leasing New Emeritus 
- ELFA Reports Leasing New Business Up
    to $11.1 Billion July from  $10 Billion in June
- Axis Auto Finance Provides Update
    on Strategic Review Process
- ELFF Monthly Confidence Index Hits
    Highest Level since Febraury 2022
- Latest News on Chesswood Group in Canada:
    CB Leaseco Holdings
- Canadian Stock Exchange Halts Trading
    Chesswood Group Limited Stock
- CLFP Foundation Adds 14 New CLFPs
    with Photos
- Lion Electric and Pride Truck Remain
    in Trouble with Operations in Canada and U.S.
- Six Month 2024 Leasing-Finance Associations'
    Membership Count and by Category
- Lion Electric Slashes Workforce Again as
     Losses Widen and Stock Shares Fall
- Charging an Electric Vehicle is Cheaper Than
     Filling a Gas Tank Everywhere in America
- North Mill Equipment Finance Sets Monthly
    Origination Record in July; Adds New Employees
- CLFP Foundation Adds 12 New CLFPs
    with Photographs
- Six-Month Review Of Commercial Equipment
Finance And Leasing Industry
- Major Bankruptcy Affects the Truck Industry
By James Menzies, Trucknews.com
- Readers Concerned about Chesswood Group
  Questions on the Postponement due to
   Inaccuarate Financial Reporting
By Kit Menkin, Editor
- Chesswood Group to file restated Q1 2024 results
a Result of Prior Disclosed Errors
- The Broker’s Limited Disclosure Law Obligations
Ken Greene, Leasing New Emeritus
- Why You Should Not Ignore Disclosure Laws
    Ken Greene, Leasing New Emeritus
- DFPI Revokes Finance Lending License
    of Synapse Credit LLC
- Federal Reserve Board fines Citigroup $60.6 million
    for violating the Board’s 2020 enforcement action
- The Extinction of Cash Transaction
    Around the World
- Chesswood Group Limited Stock Falls Almost 20%
    406 Full-Time Employees
- Housing Prices Perspective from
    Case-Schiller Index
By James Johnson
- The Continuing Tale of Kris Roglieri
  and Prime Capital Ventures et al.
   By Ken Greene, Leasing News Emeritus
- Ryan Marr Resigns as Chesswood CEO
    Financial Waiver expires on Monday, July 15
- Chesswood Group Limited Issues Press Release
    Still Working on Situation
- Lawyer Says Deal Close in
    Kris Roglieri, Capital Prime Bankruptcies
- Clicklease Completes Securitization, Selling $220M
    in Bonds to Expand Innovative Leasing Solutions
- Better Tools. Better Data. Better Decisions
    AI program to help bring out best attributes in Hiring
- Illinois Disclosure, Licensing, and Database Bills
 A significant shift in the state's financial landscape
    By Ken Greene, Leasing News Emeritus
- Connecticut Disclosure Law Kicks
  In July 1, 2024
    By Ken Greene, Leasing New Emeritus
- GreatAmerica Financial Services Celebration
by Lorraine Perkins, CLFP, Vendor Finance
- Sad News about Chesswood Group Limited
  Sorry to See Barry Shafran Go in 2020
By Christopher Menkin, Editor
- ZRG Secures $120 Million In Debt Financing
  From Main Street Capital
    By Scott A. Scanlon,  Co-CEO Hunt Scanion Venture
- CLFP Foundation Add 18 New CLFPs
  With Photos
- CLFP Growth by Company
    Three or More CLFP’s
- New Kansas Disclosure Law
    Ken Greene, Leasing New Emeritus
- Roglieri in Jail Without Bail Update
    By Ken Greene, Leasing New Emeritus
- Americans Didn't Let Inflation Spoil Their Appetite
   By Felix Richter, Statista
- Exemptions May be Confusing
    By Keith Bishop, JD Supra
- CLFP Foundation Adds 19 New CLFPs
    With Photos
- QuickFi Wins Best of Show
    at Finovate Spring 2024
- Roglieri Arrested for Wire Fraud
    By Ken Greene, Leasing New Emeritus
- Prime Capital Ventures Owner Arrested for Fraud
    if convicted...faces up to 20 years in prison
- Roglieri Allegedly Threatens to Murder
   FBI Agent, Judge, and Trustee
    Ken Greene, Leasing New Emeritus
- Non-Competes Are Out the Window
    By Sloan Schickler, Esq.
- Summation of News Reports of Financial Technology
    Companies Source of Funding Shutting Down
- Effort to Provide Restroom Access to
    Male and Female Truckers Continues
- CLFP Foundation Surpasses 1,500 Members
    Sharon Pietras Becomes Number 1,500
- Has Roglieri Left the Building?
    Ken Greene, Leasing New Emeritus
- Roglieri's assets heading for liquidation
    in Chapter 7 bankruptcy
- CLFP Foundation Adds 11 New CLFPs
    With Photos
- Update: Ascentium vs. Premiere Copier
    Ken Greene, Leasing News Emeritus
- Hiring the Right Salesperson
    "Ducks in Eagle School" by Steve Chriest
- ELFF Reports 2nd Month of Confidence Down
    May Fell to 50.7 d from April 52.9
- Five Key Financial Insights
    By Randy Haug, LTi Technology Solutions
- How People Get Around, Car, Pubic Transportation,  
    Walking, Biking in America, Europe, and Asia
- This Year’s ELFA Legal Forum Was a Total Success
    By Marshall Goldberg, Leasing News Legal Editor
- Six Types of Bankruptcy
    By Ken Greene,  Esq., Leasing News Emeritus
- Pigs Get Fat, Hogs Get Slaughtered:
  The Unfortunate Tale Of Kris Roglieri
    By Ken Greene, Leasing News Emeritus
- Major Change in the Works Regarding
Changing Federal Law re: Cannabis
- Private Equity and Venture Capital Industry
    Shows Resilience and Optimism in 2024
- CLFP Foundation Adds 18 New CLFPs
    With Photos
- Tesla Has Lowest Maintenance
  and Repair Cost of Any Brand
    By Mathew W. Daus, Esq.
- FTC Bans Noncompete Agreements
    By Ken Greene, Leasing News Emeritus
- American Association of Commerce Finance
  Brokers Commercial Finance Expo
    By Vicki Shimkus, Balboa Capital Relationship Manager
- Dext Capital Announces Optimized Document
    Management with AutoDocs on DART
- Exploring Opportunities: A Review of the
   35th Annual ELFA National Funding Conference
    By Edward P. Kaye, Leasing News Advisor
- Opportunities Increase for Non-Bank Institutions
    By Jim Jackson, Head of the Alta Group
- Female Leasing/Finance Association Presidents
    Updated
- SFNet Reports Asset-based Lenders
    Performed Well Overall in Q4
- List of Companies Not Taking
    Application-Only Is Growing
- Are Commercial Finance Brokers An Endangered Species?
    By Kenneth C. Greene, AACFB General Counsel
- Barry Reitman Passes Away
    Virtual Celebration of Life Planned
- New Breed Growing in
  Commercial Finance Funding
    By Randy Haug, LTi Technology
- NEFA 2024 Spring Conference Summary
    By Theresa Kabot, CLFP
- 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
- The Commercial Real Estate Exposure
    of the Largest U.S. Banks
- Please Fasten Your Seatbelts!
    by Randy Haug, LTi Technology
- 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.
- 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
- 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
- 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
- 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
- NVLA 2023 Annual Conference Recap By Edward P. Kaye
- Highlights from NEFA Funding Symposium By Mel Vinson, CLFP
- 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
- 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