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Contact: kitmenkin@leasingnews.org



Wednesday, August 27, 2025


Today's Leasing News Headlines

CLFP: Thank you
    4,000 LinkedIn Followers
New Hires/Promotions in the Leasing Business
    and Related Industries
Mel Vinson, CLFP, Team Completes Oregon
    Mt. Hood to Coast Race Series
Leasing and Finance Industry Help Wanted
   Balboa Capital – Several Positions Available
    Top Salaries and Benefits
Your Relationship is Most Important
    By Scott Wheeler, CLFP
2025's 25 Hardest Working States
    By Wallethub
Most Influential Lawyers
    in Equipment Finance and Leasing

News Briefs
Nvidia to report second quarter earnings,
    expects $8 billion hit from China chip ban
Fears of a French Government Collapse Send
    Borrowing Costs Soaring
U.S. and Japan at Odds Over Terms of
    $550 Billion Investment
Trump’s move to take over the Fed adds more
    uncertainty to the economy
Taylor Swift engaged to Travis Kelce
    see photos of the ring and proposal

You May Have Missed ---

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]
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From the creation of the designation in 1985, to gaining our comma in 2021 by welcoming our 1,000th CLFP, to all of the growth, development, memories, opportunities, connections, and more - we are so grateful for this community of CLFPs, companies, friends, peers, and candidates that are a part of our story. Thank you to the ever-growing community of members and friends that support us and help us live our mission of building a better industry together. Cheers to 4,000 LinkedIn followers and to celebrating 40 years of the CLFP designation! We are so happy you are all here, and can't wait for the continued growth that is to come.

[headlines]
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New Hires/Promotions in the Leasing Business
and Related Industries



Todd Anderson was hired as Vice President of Sales, First Corporate Solutions, Inc., San Francisco, California. He is located in the Greater Chicago Area. Previously, he was at CSC, starting December, 2010, National Financial Account Executive, promoted December 2018 , Director of Financial  Sales, promoted Market Manager & Product Management Director (December, 2020 - April, 2025); District Manager, Midwest, De Lage Landen (August, 2007 - December, 2010)l Senior Account Executive, Marlin Leasing Corp. (2005 - 2007).
https://www.linkedin.com/in/ander620/


Lou Manitzas was hired as Vice President of Strategic Partnerships, Swag Solution, Austin, Texas, where he is also located. Previously, he was Independent Writer and Day Trader (January, 2022 - August, 2025); President, Board Member, OneWorld Business Finance/OneWorld Leasing (Jun, 2009 - 2022). Full Bio:
https://www.linkedin.com/in/loumanitzas/details/experience/
https://www.linkedin.com/in/loumanitzas/


Jonathan VanKouwenberg was hired as Business Development Account Executive, Alterna Capital Solutions,  Rochester, New York, where he is also located. Previously, he was at First American Equipment Finance, starting as Sales Analyst, December, 2018, promoted Assistant Vice President, Chemical  Life Sciences Division (October, 2019 - October, 2022), promoted Vice President (October, 2022 - March, 2025). Full Bio:
https://www.linkedin.com/in/jonathan-vankouwenberg/details/experience/
https://www.linkedin.com/in/jonathan-vankouwenberg/

 

[headlines]
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Mel Vinson, CLFP, Team Completes Oregon
Mt. Hood to Coast Race Series
By Melissa (Mel) Vinson, CLFP

This past weekend, I ran for the 11th year in the Hood To Coast Race Series Relay and served my 6th year as co-captain of our team.

I ran 17.8 miles over three legs of the 196-mile course from Mt. Hood to Seaside, Oregon. I had two legs of intense hills (including one known as the hardest in the entire relay), and one stunning run in the night among glittering stars. Temperatures soared into the high 90s during the race and two of my three runs were punishing under the relentless sun and fierce heat. ☀️

At every exchange, teammates were waiting with water, cheers, and encouragement. Volunteers stayed steadfast and smiling in the heat, guiding thousands of us forward. Strangers and friends lined the course with cowbells and signs. Those small moments of support carried us through miles that felt impossible. 🙏🏻

And then came the finish line! After two days of brutal heat, hills, and exhaustion, our team came together to cross as one. While running may feel like an individual effort, the celebration as a team working towards a common goal together is always the most magical part of the experience.

I’m especially grateful for my van, which is a group of unique individuals who came together solely through running. We all connected because of social media and have been on the same team together for years. We are different in so many ways but, year after year, we unite to cheer, support, and lift each other up. 🏅

I’m also proud to share that thanks to the generosity and kindness of so many, I surpassed my fundraising goal for Active Minds, Inc., supporting mental health awareness and funding resources. Each donation and word of encouragement are so sincerely appreciated. Mental health and caring for each other are a number one priority, always.

This weekend and all that I learned on the course this year made me want to reiterate to my network the following: I want you to know I will always be that teammate for you. I’ll cheer you on, celebrate your wins, and encourage you through whatever challenges you face. And I’ll never give up on the big goals in my own life, either.

Running teaches us how to do really hard things in a beautiful way. The intention you choose to execute your goals and your challenges with changes everything about how you participate. The same is true professionally; when we establish our intentions with purpose, positivity, and resilience, the outcome is transformed for the better each and every time.

To everyone who supported me on the course, in fundraising, or simply by cheering me on, thank you! Your encouragement carried me through every step, and I’m endlessly grateful.

Until next year.


Mel Vinson, CLFP, VP of Marketing & Development,
CLFP Foundation
(206)- 535-5281)
(866-795-5839)
www.clfpfoundation.org
mel@clfpfoundation.or

[headlines]
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Leasing and Finance  Help Wanted
Balboa Capital
We Are Growing Our Senior Sales Team Now

[headlines]
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Your Relationship is Most Important
By Scott Wheeler, CLFP

True leaders advocate not just for their companies, but for the entire commercial equipment finance and leasing industry. They recognize that their success is deeply intertwined with the success of others. Ours is a tightly woven community—one where professionals compete fiercely, yet support one another even more fiercely.

What allows originators to thrive aren’t just their relationships with clients—vendors and end-users—but the bonds they build with funding partners, association contacts, service providers, and yes, even direct competitors. These connections form the backbone of our industry.

I recall an originator who was devastated after losing a major deal to a competitor. “Disappointed” doesn’t quite capture it—he was furious. When I suggested he call his competitor to offer congratulations, he was stunned. But he followed through.

That call led to a lunch. The lunch led to understanding. And understanding led to a long-standing, mutually beneficial relationship between two professionals—and their companies. They discovered that while there were minor overlaps, their goals, credit profiles, and capabilities were distinct. Over time, they referred deals to one another, collaborated on projects, and shared best practices. They celebrated promotions, supported each other through challenges, and yes—competed head-to-head when the moment called for it.

But they always learned from one another. And they became stronger, more effective professionals because of the relationship they chose to build.

The commercial equipment finance and leasing industry is stronger because of the relationships we cultivate. When we choose collaboration over isolation, and respect over resentment, we elevate not just ourselves—but the entire community.

Let’s continue to build bridges. Let’s continue to advocate for one another. Because in this industry, success is never a solo act—it’s a shared journey.

https://leasingnews.org/items/call_to_action_wheeler52025.jpg
To Order Book from Amazon:https://www.amazon.com/Call-Action-Commercial-Equipment-Professionals/dp/1508750378
Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com

[headlines]
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2025's 25 Hardest Working States
By Wallethub


Hover over state for data

Source: WalletHub
 
With Americans working an average of over 1,800 hours per year, the personal-finance website WalletHub today released its report on 2025’s Hardest-Working States in America, as well as expert commentary.

In order to determine where Americans work the hardest, WalletHub compared the 50 states across ten key metrics. The data set ranges from average workweek hours to share of workers with multiple jobs to annual volunteer hours per resident.

Top 20 Hardest-Working States in America      
1. North Dakota      11. Kansas
2. Alaska                12. Georgia
3. South Dakota      13. Tennessee
4. Texas                  14. Oklahoma
5. Hawaii                15. Colorado
6. Virginia                16. Montana
7. New Hampshire   17. Mississippi
8. Wyoming             18. Iowa
9. Maryland             19. Minnesota
10. Nebraska           20. Alabama

Key Stats

  • Alaska has the longest hours worked per week, which is 12 percent longer than in Utah, the state with the shortest.
  • New York has the longest average commute time, which is 1.9 times longer than in South Dakota, the state with the shortest.
  • Mississippi has the highest share of workers leaving vacation time unused, which is 1.6 times higher than in Ohio, the state with the lowest.
  • Montana has the highest share of workers with multiple jobs, which is 2.4 times higher than in Mississippi, the state with the lowest.

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/hardest-working-states-in-america/52400

[headlines]
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Most Influential Lawyers
in Equipment Finance and Leasing

Andrew Alper
Julie Babcock
Bill Carey
Richard Contino
Jonathan Fleisher
Marshall Goldberg
Kenneth Greene
David G. Mayer
Allan J. Mogol
Frank Peretore
John G. Sinodis
Mark Stout
Kevin Trabaris
Allan Umans
Mark Wada
Irwin Wittlin

Full List: https://leasingnews.org/Pages/top_lawyers.html

[headlines]
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News Briefs

Nvidia to report second quarter earnings,
  expects $8 billion hit from China chip ban
https://finance.yahoo.com/news/nvidia-to-report-second-quarter-earnings-expects-8-billion-hit-from-china-chip-ban-162719205.html

Fears of a French Government Collapse Send
   Borrowing Costs Soaring
https://www.nytimes.com/2025/08/26/business/france-government-collapse-economy.html

U.S. and Japan at Odds Over Terms of
    $550 Billion Investment
https://www.nytimes.com/2025/08/26/business/us-japan-tariff-investment-deal.html

Trump’s move to take over the Fed adds more
uncertainty to the economy
https://www.washingtonpost.com/politics/2025/08/26/trump-fed-control-lisa-cook-economy/

Taylor Swift engaged to Travis Kelce after
 2 years of dating — see photos of the ring
   and proposal
https://www.yahoo.com/entertainment/celebrity/article/taylor-swift-engaged-to-travis-kelce-after-2-years-of-dating--see-photos-of-the-ring-and-proposal-171520382.html


[headlines]
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[headlines]
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Sports Briefs---

49ers' Demarcus Robinson suspended for 3 games
    for violating NFL's substance abuse policy
https://www.sfgate.com/sports/article/49ers-demarcus-robinson-suspended-for-3-games-21016811.php

49ers reportedly trade for Commanders starting running back
https://www.sfgate.com/49ers/article/49ers-reportedly-trade-commanders-starting-rb-20877710.php

[headlines]
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California News Briefs---

California Forever projects 40,000 jobs
https://www.northbaybusinessjournal.com/article/article/california-forever-projects-40000-jobs-for-planned-solano-industrial-hub/?utm_email=045BE4690564744D2475740E77&utm_source=newsletter&
utm_medium=email&utm_term=https%3a%2f%2fwww.northbaybusinessjournal.com
%2farticle%2farticle%2fcalifornia-forever-projects-40000-jobs-for-planned-solano-industrial-hub%2f&utm_campaign=nbbj_breaking

[headlines]
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Gimme that Wine

 

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

Best Wineries in Sonoma’s Alexander Valley
  for Cabernet Sauvignon
https://www.sonomamag.com/alexander-valley-wineries-to-visit-for-cabernet-sauvignon/?utm_id=a2l0bWVua2luQGdtYWlsLmNvbQ==

Love at first sight’: How a nuclear engineer made
   his mark in Sonoma Wine Country
https://www.pressdemocrat.com/article/lifestyle/jack-florence-dare-to-dream/

Ste. Michelle Wine Estates Unveils FESTIVAL, Celebrating     
 Extraordinary Quality of Washington State White Wines
https://www.winebusiness.com/news/article/307252

Mayacamas Unveils Two Vintages of Cabernet Sauvignon
https://www.winebusiness.com/news/article/307204

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

This Day in History

https://leasingnews.org/archives/Aug2021/08_30.htm#history

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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]

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http://www.gasbuddy.com/
http://www.gasbuddy.com/GB_Map_Gas_Prices.aspx
http://www.gasbuddy.com/GB_Mobile_Instructions.aspx

[headlines]

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Weather

See USA map, click to specific area, no commercials

http://www.weather.gov/

[headlines]

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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
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)

- South Florida Hosts Small Business Finance Innovation
    at Funders Forum + Brokers Expo 2024
- Dext Capital Upsizes Corporate Note Financing
- Is Broker Fee Splitting in California Legal?
    By Ken Greene, Leasing News
- Gender Pay Gap Visualized
- Tri Counties Bank Equipment Finance
    Department Shut Down
- "Buckle Up!" Quality Equipment Finance
    Not Funding Transactions Internally
- CLFP Growth by Company End of Year 2023
    Added 247 Members
- The Commercial Real Estate Exposure
    of the Largest U.S. Banks
- Please Fasten Your Seatbelts!
    by Randy Haug, LTi Technology
- Brian Bjella Then and Now
- GreatAmerica Financial Services  Appoints
    Well-Known Financial Veterans as Group Presidents
- Troubles Continue with Regional Banks
    And Funding of Third Party Transactions
- Part II -Great Time to be a True Independent or an
   Equipment Finance company that Acts Independent
     by Randy Haug, LTi
- 2024 World Leasing Book
   Available digitally or hardback
- Great Time to be a True Independent or an
Equipment Finance company that Acts Independent
    By Randy Haug, LTi
- Bob Rodi on LinkedIn
    Long-Time Veteran in Commercial Finance
- Video: Tips for Equipment Finance Beginners
    with Steve Geller, Equipment Finance Veteran
- Commercial Financial View by Dale Kluga, CPA,
    Well-Known Equipment Finance Founder
- Update on Compliance Under The Small
   Business Data Collection Rule
    By Sloan Schickler, Esq.
- ELFF January Confidence Rate Up
    From December 42.5 to January 48.6
- Which Affects Banks and Use of Funds Available
    By Dale R. Kluga, CPA, Experienced Funder
- Ken Greene, Leasing Person
    of the Year for 2023
- The QuickFi Embedded Finance Platform
    Wins 2024 BIG Innovation Award
- Brean Capital Investment Banking
    Strong Momentum Heading into 2024
- Leasing’s Brian Huey, Active in NAELB, Now AACFB,
    Wins Short Film Festival Awards
- Jim Merrilees Joins the Leasing News
    Advisory Board
- Changes in Banks, Particularly Regional, Moving
   Away from Leasing, Third Party, and Vendor Finance
    By Randy Haug, LTi Technology Solutions
- Who Must Obtain a Lender's License
    By Marshall Goldeberg, Leasing News Legal Editor
- Dext Capital Expands into Technology Vendor Division
    with Three Top Former KeyBank Employees
- Changes in Banks, Particularly Regional, Moving
    Away from Leasing, Third Party, and Vendor Finance
- Sam Walton, Founder of Walmart
    said this to a group of trainees
- Talent Crisis is Here
    By Steve Chriest & Kit Menkin
- Assessing the Ripple Effects of Commercial Disclosure Laws
    By Kenneth C. Greene, Leasing News Advisor Emeritus
- Housing Report, September 2023
    The Virginia Tech - USDA Forest Service
- Channel Announces Successful Close of $190MM Securitization
- 33% of Small Businesses Fail
    Due to Lack of Capital
- Behind the Headlines on Chesswood Group Limited
    and Their Commercial Finance/Leasing Companies
- That Voice on the Phone Using Artificial Intelligence
    By Sean Murray, Publisher, deBanked
- Pennsylvania Hops Aboard the Disclosure Bandwagon
    By Kenneth C. Greene, Leasing News Emeritus
- Banks Facing Additional Issues in Commercial Finance
  and Leasing Sides of Their Businesses
    by Randy Haug, LTi Technology Solutions
- Alliance Funding Group Announces They Have
    Formed a New Strategy Mid-Ticket Business Unit
- Bankruptcies on the Rise
    By Peter N. Tamposi, Esq.
- Leasing News Has Confirmed Key Equipment Finance
  Exiting Vendor Business
    By Christopher Menkin, Publisher
- The Corporate Transparency Act of 2024
  Many in Business Are Not Aware  
    By Kenneth C. Greene, Leasing News Emeritus
- Iowa Bank Failure Tied to Bad Trucking Loans
    By Craig Fuller, CEO and Founder, Freight Waves
- CLFP Foundation adds 26 New CLFPs
- CLFP Growth by Company Continues
- Chesswood Group Limited and Wafra Inc.
    Announce Joint Venture for Funding
- Is Your Non-Compete Clause Valid?
    By Kenneth C. Greene, Leasing News Emeritus
- Exploring the 62nd Annual ELFA Convention: Future 360
    By Shari Lipski, CLFP
- Introducing ELFA’s New Board Chair and Board of Director
- NEFA Thanks Outgoing Board Members
    and Welcomes New Board Members plus President
- Women in Leasing Update NVLA October Conference
- Business in Commercial Finance Industy
    Has Been Good Compared to other Industries
- ELFA Wins Nationwide Relief from Section 1071
- Now is the time to take advantage of higher bonus depreciation
- Leigh Lytle appointed new ELFA President and CEO
- Ralph Petta to retire, will the next ELFA CEO be a female?
    Here are the three past female presidents
- Dext Capital Celebrates Remarkable Achievement:
    $1 Billion Originated First Five Years of Operation
- Wintrust Financial Corporation Reports Record
    Year-to-Date Net Income
- Maxim Commercial Capital Doubled Fundings in Q3 2023
    Demand increased for 2nd lien mortgages to fund working capital
- NVLA 2023 Annual Conference Recap By Edward P. Kaye
- Highlights from NEFA Funding Symposium By Mel Vinson, CLFP
- CLFP Foundation Adds 18 New CLFPs
- Artificial Intelligence (AI): Friend or Foe for Finance and Leasing?
- Brean Capital Closes Corporate Note
    Financing for Fora Financial
- Full Circle Finance Is Now Employee Owned
    Tim Cetto to Stay on as Board Member
- October 2023 marks the 15th Anniversary
    of Wheeler Business Consulting
- Dr. Dan Geller: But I told you so!
Cryptocurrency is the Emperor’s New Clothes
- Legal Considerations in Financing and Leasing Your First EV
By Edward P. Kaye, Esq. and Matthew W. Daus, Esq.
- World Leasing Yearbook 2023: The Essential Guide to
Current Opportunities in International Leasing & Asset Finance
Cannabis Sales Slow as Pandemic Eases
- Rosanne Wilson CLFP, BPB, Passes Away
A Very Close Friend of Mine and Our Industry
By Christopher Menkin, Publisher and Editor
The Top Four Leasing/Finance Funder Websites
Tandem Finance Partners with LilyPad EV
Randy Haug Joins Leasing News Advisory Board
Donald Wampler, CLFP, Shows Off His Badges Collected in 2022
Women in Leasing Roundtable By Sloan Schickler, Esq.
- Chesswood Group Limited Announces
$12.3 Million Q3 Compared to $9.1 Million 2021
Notarize and Northteq Launch Online Notarization Integration
- American Lease Insurance sold
to American Bankers Insurance Group
- Rapid Finance Advises Their Originators
Pausing New Applications Construction Companies
- Marijuana Could Become Legal
in These Five States After Midterms
- Black Equipment Finance Network
Announces Its Formation
- DeBanked Broker Fair New York
By Sloan Schickler, Esq.
- New York Commercial Finance Disclosure Law
By Sloan Schickler, Esq.
- ELFF Reports Confidence Continues Three Month Drop
October goes to 44.9 from September 48.7
- Remember the NorVergence Scandal and Tom Salzano?
Now Charged with $650 Million Ponzi Scheme, 2,000 investors
- North Mill Equipment Finance Announces
$353 Million Term Securitization
- National Vehicle Leasing Assoc. Annual Conference
By Edward P. Kaye, Esq.
- Full Circle Finance Is Now Employee Owned
Tim Cetto to Stay on as Board Member
- Kaylan Makam New Chief Executive Officer
Amur Equipment Finance
- ELFA Conference (Day Two)
from Orlando, Florida
- ELFA Conference Report (Day One)
from Orlando, Florida
- Top Hurricane Landfall Wind Speed
Since 1936, Name and State
- A Few Stayed When Tropical Storm Fiona Hit Right
After Canadian Finance and Leasing Association
- Certificate of Insurance for Finance, Lease or Loan
Why it is Very Important
- North Mill Equipment Finance Hits $1B in Originations
on its Anniversary of Recapitalization
- TopMark Funding Marks Another Quarter of Record
Breaking Growth for the Fifth Consecutive Quarter
Settlement Costs vs. Litigation Costs