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Don’t take the bait on phishing scams |Top Ten Stories Chosen by Readers

Contact: kitmenkin@leasingnews.org


Monday, January 27, 2025


Today's Leasing News Headlines

New Hires/Promotions in the Leasing Business
    and Related Industries
Top Ten Most Read by Readers
    January 22 to January 24
New Balboa Capital Help Wanted
    Full Listing
Commercial Finance/Leasing Finance
    Conferences and Forums - Updated
Where Do Americans Work?
    Chart
Leasing News Advisor
   Edward P. Kaye
BriteCap Financial Announces Key Promotions
    Across Multiple Departments
News Briefs---
The Tech Arsenal That Could Power
    Trump’s Immigration Crackdown
Target rolls back DEI initiatives,
    the latest big company to retreat                    
Trump’s new trade war may prove far
    more disruptive than his first
Silicon Valley Raving About Made-in-China AI Model
     ‘amazing’ despite working with less-advanced chips

You May Have Missed ---
Rent rose by 20 percent across L.A. County
   after fires. That’s illegal

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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New Hires/Promotions in the Leasing Business
and Related Industries




James Carroll was hired Director, Wesley Capital Team, Dext Capital, at their Marlton, New Jersey office. He is located in Greater Philadelphia. Previously, he was VP Sales, Honour Capital (February, 2021 - January, 2025); Principal, Wesley Capital (January, 2021 - Present); Former AVP Sales, TCF Bank (July, 1997 - January, 2021); Sales Manager, Xerox Corporation (1988 - 1997).
https://www.linkedin.com/in/jamescarrollhonour/


Daniel Perron was hired as Business Development Officer, RCAP Leasing, Inc., Province of Quebec. He is located in Greater Sherbrooke Metropolitan Area. Previously, he was Vice-President Developpement des Affairs, Gestion Ficom, Inc. (November, 2024 - January, 2025); Senior Client Partner, Advisory Services, BDC (March, 2018 - February, 2022); Managing Partner & Founder, DSX Capital & Consulting, Inc. (January, 2016 - March, 2018). Full Bio:
https://www.linkedin.com/in/danielperrondsx/details/experience/
https://www.linkedin.com/in/danielperrondsx/


Daniel Roberts was promoted to Vice President, OnPoint Capital, LLC., Portland, Oregon. He is located in Findley, Ohio. He joined OnPoint, July, 2018, as Equipment Finance Leadership Trainee (July, 2018), promoted Account Manager, April, 2019, promoted Account executive (March, 2021 - December, 2024). Full Bio:
https://www.linkedin.com/in/daniel-roberts-029766129/details/experience/
https://www.linkedin.com/in/daniel-roberts-029766129/


Leslie Skwara  was hired as Vice President, Director of Finance, Asset Complaint Services (ACS).  She is located in Orchard Park, New York. She joined the company December, 2024,  Vice President of Finance.  Previously, she was at Mongoose, 8 years, 2 months with her last position Vice President, Operations (July, 2023 - October, 2024).
Full Bio:
https://www.linkedin.com/in/leslie-skwara-21a16b59/details/experience/
https://www.linkedin.com/in/leslie-skwara-21a16b59/


Ashley Smith was promoted to Vice President, Direct Lender, Equipment Finance, Middle Market, Alliance Funding Group, Tustin, California. She works remote from Draper, Utah. She was hired June, 2024, Vice President, Specialty Program. She was self-employed as Aviation Schools, August, 2013 - Present.  Previously, she was CLFP, Business Development, Direct Lender in Equipment Finance at VFI Corporate Finance. Full Bio:
https://www.linkedin.com/in/ashley-smith-1b1a451b/details/experience/
https://www.linkedin.com/in/ashley-smith-1b1a451b/


Brenda Taylor was promoted to Creative Services Manager and Graphic Design, GreatAmerica Financial Services, Cedar Rapids, Iowa.  She is located in Springville, Iowa. She joined Great America as Creative Services Manager, August, 2014. Full Bio:
https://www.linkedin.com/in/brendataylor1/details/experience/
https://www.linkedin.com/in/brendataylor1

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

Top Ten Most Read by Readers
January 22 to January 24

(1) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Jan2025/01_24.htm#hires

(2) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Jan2025/01_22.htm#hires

(3) PEAC Solutions Celebrates Unprecedented
U.S. Growth in 2024
https://leasingnews.org/archives/Jan2025/01_24.htm#peac

(4)  President Trump’s DEI Executive Order
  Impact for SBA
by Bob Coleman, Publisher, Coleman Reports
https://leasingnews.org/archives/Jan2025/01_24.htm#trump

(5) OOIDA supports Truck Leasing Task Force
  for calling lease-purchase programs ‘irredeemable
tools of fraud’
https://leasingnews.org/archives/Jan2025/01_24.htm#ooida

(6) Wintrust Financial Corporation Reports
Record Full Year Net Income
https://leasingnews.org/archives/Jan2025/01_24.htm#wt

(7)  Balboa Capital Job Board
https://recruiting.ultipro.com/AME1062AMERI/JobBoard/eb04fcfa-9141-457f-ac1c-41b41f2682ad/?q=&o=postedDateDesc

(8) Self-Confidence
By Scott Wheeler, CLFP
https://leasingnews.org/archives/Jan2025/01_22.htm#self

(9) Randy Haug "Humbled" by "Overwhelming"     
  Response to Being Named Leasing News Person of the Year
https://leasingnews.org/archives/Jan2025/01_22.htm#randy

(10) Leasing and Finance Industry Help Wanted
    Balboa Excellent Compensation/Marketing Support
https://leasingnews.org/archives/Jan2025/01_24.htm#ads_help

 

[headlines]
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Leasing and Finance Industry Help Wanted
Excellent Compensation/Marketing Support

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

Commercial Finance/Leasing Finance
Conferences and Forums

More Information: Latest on SFNet
Plus DeBanked, ELFA Management Conference



February 11-12: SFNet’s Asset-Based Capital Conference, Wynn, Las Vegas, Nevada
“Our Introduction to Asset Based Lending curriculum provides participants a broad overview of the ABL industry, touching all key fundamental aspects of all roles responsible for sourcing, underwriting and managing a profitable loan.”
https://www.sfnet.com/
More Information

Michael Crome, SVP, Chief Financial,  Officer, Las Vegas Raiders is the SFNet Keynote Speaker to kick off SFNet’s Asset-Based Capital Conference the afternoon of February 11. With over two decades of experience in financial strategy, business analytics, and leadership, Michael has transformed organizations and helped drive major initiatives, including serving on the Las Vegas Super Bowl Host Committee.



Feb. 20: DeBanked, Miami, DeBanked Connect, Fontainbleau, Miami Beach, Florida
Broker Battle Returns:  There will also be 3 separate championships (Revenue Based Financing, SBA Lending, and Equipment Financing - Broker Battle


February 23-25ELFA Equipment Management Conference and Exhibition, JW Marriott, Las Vegas
Conference details
Attending List


March 4-6Funders Forum & Broker Expo, Hollywood, Florida
Mike Tyson will as the keynote speaker at the Funders Forum and Brokers Expo, taking place March 4-6, 2025, at the Hard Rock Hotel & Casino in Hollywood, Florida
Conference Details


March 11-13: National Equipment Finance Association Spring Conference, Omni, La Costa Resort & Spa, Carlsbad, California.
Confernce Details

Vicki Shimkus CLFP, Balboa Capital, A Division of Ameris Bank | Broker Relationship Manager, will cover the conference for Leasing News.


April 9–11: NVLA Conference, Clearwater Beach, Florida
Early Bird Registration Open 

This year's conference will feature Keynote Speaker, Michelle "MACE" Curran, Women in Leasing Poolside Social, informative education sessions, and ample networking opportunities.


April 9-April 11 AACFB Annual Conference, Las Vegas, Nevada
Conference Details

The AACFB Board and staff just wrapped up a productive few days of strategic planning and preparations for the Annual Conference in April. The Paris Hotel in Las Vegas will be a fabulous venue for the conference and we can't wait to see everyone there! www.aacfb.org

Theresa Kabot, CLFP, K2 Funding, Kabot Commercial Leasing LLC, will be covering the conference for Leasing News readers.


April 15-17: ELFA 36th Annual National Funding Conference, Chicago, Illinois
Conference Details


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


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


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


To be listed or update: kitmenkin@leasingnews.org

[headlines]
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[headlines]
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Leasing News Advisor
Edward P. Kaye

 

Edward P. Kaye
Vice President
Putnam Leasing
Greenwich, CT
e.kaye@putnamleasing.com
www.putnamleasing.com

Edward P. Kaye is a longtime supporter of Leasing News, contributing articles as well as features, and is currently a Vice President with Putnam Leasing, the largest independent lessor of high performance, exotic and collectible automobiles in the U.S.  He is an accomplished, innovative, and highly qualified former chief executive officer and general counsel with extensive experience in the transportation leasing and finance industry. He has a comprehensive business, legal, and regulatory compliance understanding of various markets, financial product offerings, and funding options. He can develop legal and business strategies that solve complex challenges.

After establishing several start up independent specialty vehicle and equipment finance and leasing companies, Kaye sold them to a preeminent foreign trading company and a domestic family office. 

He is a past president of the National Vehicle Leasing Association (NVLA) and is currently a member of its board of directors.  He is a recipient of the New York State Senate, Richard J. Roth Journalism fellowship.

Mr. Kaye is a graduate of the University at Albany with a B.A. and M.A. and a graduate of St. John’s University School of Law where he received his J.D.  He is admitted to the New York Bar. Married to Linda Kaye, a psychotherapist, for 37 years, they have two grown children that live in the New York metropolitan area.


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

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

BriteCap Financial Announces Key Promotions
Across Multiple Departments

BriteCap Financial LLC (“BriteCap”), a leading non-bank lender providing small businesses with fast, convenient, and affordable working capital, is thrilled to announce the promotion of several key team members. These promotions come at a pivotal time of rapid growth for BriteCap, laying the groundwork for continued expansion and enhancing our commitment to delivering exceptional service to our strategic partners and small business owner-borrowers.


Richard Henderson, CEO of BriteCap, said, “We are immensely proud of our progress and growth. None of this would be possible without our dedicated team members. Our employees are the heart of our company, and their invaluable contributions are essential to achieving our ambitious goal of becoming the premier lender to America’s small businesses.”

Join us in congratulating the following team members:

Originations:
Sammy Velick: Funding Consultant, Team Lead
Sam Boyer: Funding Consultant, Team Lead
Herson Ramirez: Strategic Account Manager, Team Lead
Donna Finerty: Renewals Account Manager
Daniel Padilla: Strategic Account Manager
Veronica Rivera: Loan Representative II, Team Lead
Bruce Milam: Loan Representative II, Team Lead
Debra Hayes: Renewals Account Manager
Stephanie Acosta: Renewals Account Manager

Enablement:
Summer Brayton: Enablement Specialist

Analytics:
Kathik Kodakandla: Manager, Data & Analytics
• Noven Gong: Manager, Risk Analytics

About BriteCap Financial LLC
BriteCap Financial is a leading provider of working capital for America’s small business owners.
Since 2003, BriteCap combines technology and non-traditional credit algorithms to provide fast,
convenient, and affordable working capital directly to businesses and through their broker
network.
https://apply.britecap.com/activate

For more information about becoming a partner, visit britecap.com/partners. BriteCap is
majority-owned by a holding company affiliate of NMEF.

About NMEF
NMEF is a national premier lender who works directly with third-party referral (TPR) sources to finance “mid-ticket” equipment commercial leases and loans ranging from $15,000 to 3,000,000 and up to $5,000,000 for investment grade opportunities. The company accepts A – C credit qualities and finances transactions for many asset categories including but not limited to medical, construction, franchise, technology, vocational, manufacturing, renovation, janitorial, and material handling equipment. NMEF is majority owned by an affiliate of InterVest Capital Partners. For more information, visit www.nmef.com.

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

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

News Briefs

The Tech Arsenal That Could Power
Trump’s Immigration Crackdown
https://www.nytimes.com/2025/01/25/technology/trump-immigration-deportation-surveillance.html

Target rolls back DEI initiatives,
the latest big company to retreat                    
https://www.cnbc.com/2025/01/24/target-rolls-back-major-dei-initiatives.html

Trump’s new trade war may prove far
more disruptive than his first
https://www.washingtonpost.com/business/2025/01/26/trump-trade-war/

Silicon Valley Is Raving About a Made-in-China AI Model
    ‘amazing’ despite working with less-advanced chips
https://www.wsj.com/tech/ai/china-ai-deepseek-chatbot-6ac4ad33?st=P52sjD&reflink=desktopwebshare_permalink


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


Rent rose by 20 percent across L.A. County
after fires. That’s illegal.
https://www.washingtonpost.com/business/2025/01/25/la-county-rent-gouging-wildfires/

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


Sports Briefs---

Why Pete Carroll is the head coach the Raiders
     need to return to relevance
https://www.sfchronicle.com/sports/annkillion/article/pete-carroll-head-coach-raiders-need-bounce-back-20057154.php

49ers bring back Robert Saleh
as defensive coordinator
https://www.sfgate.com/49ers/article/49ers-bring-back-robert-saleh-defensive-coordinato-20052567.php

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


California News Briefs---

Point Reyes era to end as ranchers prepare
    to pack up, leave
https://www.sfchronicle.com/bayarea/nativeson/article/point-reyes-era-end-ranchers-prepare-pack-up-20052467.php

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

Gimme that Wine

 

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

Who is the American Wine Industry?
Time to Reframe Tariff Messaging.
https://substack.com/home/post/p-155387710

Good Times Ahead for US Wine Consumers
https://www.wine-searcher.com/m/2025/01/good-times-ahead-for-us-wine-consumers

California wine is in crisis. But for consumers,
it could be a ‘golden era’ of deals
https://www.sfchronicle.com/food/wine/article/svb-wine-report-discounts-20047549.php

Wild Glass: The revolution of
100 per cent recycled glass
https://www.businessgreen.com/sponsored/4396902/wild-glass-revolution-100-cent-recycled-glass

The Livermore Valley Wine Community Wins a Record 211
Awards in the 2025 San Francisco Chronicle Wine Competition
https://www.winebusiness.com/news/article/297585

Wedding Oak Winery Wins 10 Medals at the 2025
San Francisco Chronicle Wine Competition
https://www.winebusiness.com/news/article/297592

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

This Day in History

https://leasingnews.org/archives/Jan2023/01_27.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)

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