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New Hires/Promotions in the Leasing Business
and Related Industries

Henry Duncan was hired as Chief Risk Officer, BBCE Equipment Solutions USA, Jersey City, New Jersey. He is located in Warren, New Jersey. Previously, he was Chief Risk Officer, Societe Generale Equipment Finance USA (September, 2012 - February, 2025); Deputy Chief Risk Officer, SG Equipment Finance (April, 2010 - September, 2012); Senior Vice President, Global Credit, CIT Group (September, 1999 - April, 2010); Senior Credit Officer, AT&T Credit/Capital Corporation (1996 - 1999).
Full Bio:
https://www.linkedin.com/in/henry-duncan-2a8b1b9/details/experience/
https://www.linkedin.com/in/henry-duncan-2a8b1b9/

Angela Y. Lim was promoted to Customer Experience Team Lead and Supervisor, Eastern Funding, New York, New York, where she is also located. She joined Eastern Funding February, 2011, Loan Officer, promoted 1 Senior Sales Associate (February, 2021 - April, 2025). Full Bio:
https://www.linkedin.com/in/angkim/details/experience/
https://www.linkedin.com/in/angkim/

Jacob Patridge was hired as Vice President, Fifth Third Bank, Irvine, California. He is located in Orange County. Previously, he was Vice President, Equipment Finance, Bank of America (May, 2022 - April, 2025); Regional Vice President of Sales, Centra Funding (February, 2018 - May, 2022); Account Manager, Paramount Financial Services
(January, 2017 - January, 2018). Full Bio:
https://www.linkedin.com/in/jacobpatridge/details/experience/
https://www.linkedin.com/in/jacobpatridge/

Parsa Sameti was hired as Vice President, Summit Funding Group, First Financial Group., Mason, Ohio (First Financial Bank, which acquired Summit Funding Group, is headquartered in Cincinnati). He is located in Los Angeles, California.
https://www.linkedin.com/in/parsa-sameti

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AILCO Partners with LTi Technology Solutions to
Transform Equipment Finance Operations

LTi Technology Solutions (LTi), a global leader in equipment finance software solutions, is pleased to announce that AILCO, a nationally recognized full-service lender specializing in equipment and commercial finance, has successfully migrated to LTi’s ASPIRE platform.

This strategic move enables AILCO, headquartered in Waukesha, WI, to enhance its operational efficiency, optimize accounting processes, and improve workflow automation, strengthening its commitment to offering flexible, client-focused financing solutions.

Tara Aasand, Vice President Sales and Relationship Management at LTi Technology Solutions, said, “LTi is honored to deepen our partnership with AILCO, a company known for its commonsense credit approach and customized financing options.

“Our shared commitment to flexible, client-focused service is at the core of this collaborative partnership, and we are proud to support AILCO in achieving operational excellence and client-service goals. Together, we’re driving growth and setting new standards in the equipment finance industry.”

Transforming Operations with ASPIRE’s Comprehensive Platform

AILCO selected the ASPIRE platform for its robust, full-lifecycle capabilities, including enhanced accounting functionality, seamless front-to-back transaction management from origination to back-end management, and advanced workflow automation. ASPIRE’s exceptional configurability is designed to offer a strong compliance framework and empower AILCO to optimize accounting functionality and unlock advanced workflow automation. The rapid “go live” implementation highlights both LTI’s and AILCO’s shared dedication to accelerating digital transformation in equipment finance to drive growth.

Mark Sorensen, Senior Vice President of Operations and

Chris Hatcher, Controller, both at AILCO, emphasize ASPIRE’s impact: “Transitioning to ASPIRE was a key strategic decision, empowering us to enhance service quality and unlock efficiencies. ASPIRE’s end-to-end functionality enables us to scale operations seamlessly while providing more flexible, responsive solutions for our clients. We are now well equipped to drive our growth plans and continue offering innovative financing solutions that meet the evolving needs of our clients.”

With ASPIRE, AILCO is equipped to manage a diverse range of financing transactions across multiple channels, further aligning with its growth strategies and expanded service offerings.

About AILCO
Founded in 1997 and based in Waukesha, WI, AILCO is a nationally recognized independent lender specializing in equipment finance and offering unique financing options, including used equipment and custom vendor programs tailored to the specific needs of small to mid-sized businesses. Dedicated to delivering flexible solutions, AILCO helps businesses nationwide grow and succeed through its deep commitment to personalize service and competitive financing.

For more information: http://allco.com/

About LTi Technology Solutions
With over 30 years of leadership in the industry, LTi Technology Solutions is a global leader delivering customer-centric, full-lifecycle leasing and loan finance platforms. From its Omaha, NE headquarters, LTi serves equipment and asset finance companies, captives, small ticket, middle market, and independent banks throughout the U.S., UK, and Canada.

LTi’s highly configurable platform, ASPIRE, enables customers to scale their business by streamlining the transaction lifecycle. Backed by comprehensive and integrated interfaces, their powerful technology solutions allow for improved efficiencies and decisioning. Trusted by industry leaders, LTi is the ecosystem of choice of 40% of the Monitor 100, 53% of the Independents 30 and 36% of the Bank 50.

For more information about LTi, call (402) 493-3445 or +1 (800) 531-5086, or visit https://www.ltisolutions.com

Balboa Capital Available Position
Program Manager II- Equipment Broker Sales

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Tips for Telephone Interview
Career Crossroads---By Emily Fitzpatrick/RII

Question:
I have a phone interview scheduled---Can you give me any tips?

Answer:
Phone interviews, in reality, are sometimes more difficult than face-to-face interviews as it is difficult to “read” the interviewer’s reactions to your questions and answers.

The best way to prepare for the phone interview is to do your homework:
(1) Research the company
(2) Find out who will be in on the call and research, if you can, the background of the interviewer (s) to see if you have any commonalities, e.g. previous employers
(3) make sure you understand the qualifications required for the role and be able to relate your background to each requirement
(4) Develop some questions regarding the company as whole and other job-specific questions – NEVER discuss salary unless the interviewer brings up the topic
(5) make sure you have your resume and job description in front of you during the interview
(6) After completion of the interview, ask about next steps (e.g. a face-to-face interview).

Most importantly, relax and make the phone interview a two-way conversation so your personality can shine through.

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone: 954-885-9241
Cell: 954-612-0567
emily@riirecruit.com
www.riicareer.com

Invite me to Connect on LinkedIn
www.linkedin.com/pub/emily-fitzpatrick/4/671/76

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

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Top Ten Most Read by Readers
April 7 to April 11

(1) Onset Financial Acquires Channel, Forming One
of the Largest Independent Equipment Finance Lenders
https://leasingnews.org/archives/Apr2025/04_09.htm#onset

(2) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Apr2025/04_07.htm#hires

(3) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Apr2025/04_11.htm#hires

(4) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Apr2025/04_09.htm#hires

(5) Proposed Law Would Increase
Disclosure Burden In California
By Ken Greene, Leasing News Legal Editor, Emeritus
https://leasingnews.org/archives/Apr2025/04_07.htm#proposed

(6) Farewell Corporate Transparency Act?
Ken Greene, Leasing News Editor, Emeritus
https://leasingnews.org/archives/Apr2025/04_11.htm#cta

(7) Yes, Cash Flow is King
By Dale Kluga, CPA
https://leasingnews.org/archives/Apr2025/04_09.htm#yes

(8) The Best Selling Cars in
Every State in 2024
https://leasingnews.org/archives/Apr2025/04_07.htm#cars

(9) Selling in a Recession
By Steve Chriest
https://leasingnews.org/archives/Apr2025/04_09.htm#selling

(10 )America has lost its appetite for casual dining
chains
By Nathaniel Meyersohn, CNN
https://leasingnews.org/archives/Apr2025/04_11.htm#america

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Commercial Finance/Leasing Finance
Conferences and Forums - Updated

May 19: Broker Fair, New York City - Not too Late to Sign Up! https://brokerfair.org
https://brokerfair.org/register

Don Cosenza, 17-year Public Relation, spokesman for North Mill Equipment Finance, past National Equipment Finance Association board member, and writer for Leasing News, will cover the Broker Fair.

September 10-12: AACFB Commercial Financing Expo, Austin, TX
Conference Details Coming Soon

October 14-16: National Equipment Finance Association Fall Conference, Renaissance Hotel, Minneapolis, Minnesota
Conference Details Coming Soon

October 26-28: ELFA 64th Annual Convention, Marco Island, Florida
Conference Details

To be listed or update: kitmenkin@leasingnews.org

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Most Taxed States in United States

Hawaii has the highest overall tax burden, while Alaska has the lowest.

Vermont has the highest property tax burden, while Alabama has the lowest.

New York has the highest individual income tax burden, while eight states (including Texas, Florida, and Washington) have none.

On average, red states have a lower tax burden than blue states.

Methodology
WalletHub ranked states by total tax burden, combining property, income, and sales taxes as a share of personal income. Data is from the Tax Policy Center (March 4, 2025).

Article Voronoi by Visual Capitalist

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