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Archives for the Current Month
(following the current archives, previous issues are filed by year, then month, and day.
You may also use the "search" feature to find a specific article in our archives.)

July 1
Leasing/Finance Companies Doing Well

  Despite COVID-19 Pandemic
    By Christopher Menkin
Success is a Constant Moving Goal Post
    Sales Makes It Happen by Scott Wheeler, CLFP
New Hires/Promotions in the Leasing Business
    and Related Industries
“My Personal Credit in the Employment Interview”
    Career Crossroads---By Emily Fitzpatrick/RII
Story Credit Lessors - Lenders List for COVID-19
    "C" & "D" Lessees, Business Loans, Working Capital
A Mask is…
ELFA Announces New Networking Tools
    for Equipment Finance Professionals in ELFA Engage App
Fourth of July Movies: The Music Man/Jaws/The Right stuff
   An American Tail/Live Free or Die Hard
     Five Red and White Movies/Leasing News' Fernando Croce
German Shepherd
    Plano, Texas  Adopt-a-Dog
Country singers Chase Rice and Chris Janson
    are taking heat for packed outdoor concerts in Tennessee
News Briefs---
Fauci says U.S. coronavirus outbreak is ‘going
   to be very disturbing,’ could top 100,000 new cases a day
Coronavirus: Majority of patients
      don’t know source of infection
One graphic explains why Americans
  are facing an EU travel ban
Farm workers in CA strike after dozens have virus
   Workers demand free face coverings, gloves and information
Suspicions of Russian Bounties Were Bolstered
      by Data on Financial Transfers
Why Boeing 737 Max Flight Tests Are Good News,
      Not Great News
As Trump Suspends H-1B Visa, Canadian Tech
    Looks to Attract Foreign Talent (Again)
Nearly half the U.S. population is without a job,
   showing how far the labor recovery has to go
Rental car, business travel slump hit
    fleet auto sales hard
Airbus, Expecting Long Slump in Air Travel,
   Will Slash 15,000 Jobs
The 20 biggest companies that have filed
   for bankruptcy because of the coronavirus pandemic
NASA Names HQ After ‘Hidden Figure’ Mary Jackson,
    Its First Black Woman Engineer
Amazon Watch Party Lets 100 Prime Subscribers
      Enjoy Movies Together
You May have Missed---
‘Flying Blind Into a Credit Storm’: Widespread Deferrals
          Mean Banks Can’t Tell Who’s Creditworthy
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live---

July 7
Leasing News Advertising
Display, Help Wanted, Banner Ads
Top Ten Leasing News
June 29 – July 1
Crestmark Vendor Finance to Halt Business
From 7/1/2020 to 7/19/2020
Popular Barry Shafran Out as President/CEO
Chesswood Group Limited, Pawnee Parent among others
Manufacturing Slightly Rebounds but Remains
Far Below 2019 Levels
Mortgage Loan Delinquencies Record Highest
Spike in Two Years - DS News
Credit Grantors Scramble to Catch Up in Decision Making
  COVID-19 Changing Business Dynamics
By Christopher Menkin
North Mill Record First Half 2002 Originations!
Expands to Larger Headquarters
Black Labrador Retriever & Standard Poodle Mix
Troy, Troy Michigan   Adopt-a-Dog
American Association of Commercial Finance Brokers
Feedback Poll on Annual Conference--Virtual or in Person
News Briefs---
Phoenix mayor: 'We opened way too early in Arizona'
    mixed messages from various levels of government
Scientist Behind Coronavirus Study Contradicts
   Trump Claim That He Saved 2 Million Lives
80 percent of NYC eateries couldn’t afford
    June rent amid coronavirus
Atlanta Mayor Keisha Lance Bottoms has tested positive
    for the COVID-19 virus
Kemp to deploy 1,000 National Guard troops
    after violent weekend
Feds extend deadline for Paycheck Protection Program
used by many Bay Area businesses
You May have Missed---
Restaurant suppliers make the switch
    to home groceries
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 9
New Hires/Promotions in the Leasing Business
    and Related Industries
RISC rolls out employment site
    tailored for repossession industry
Industries with the Highest Rate of Unemployment
    June, 2020 by Industry and Class of Worker
"Click it or Ticket" --How about...
Leasing Software Companies
Fleet Advantage Innovative Sale-Leaseback Program
    Two New Transactions Totaling $17 Million
Damian Broadbent to Head Asia-Pacific Advisory Services
    for Alta Group
Movies on TV: Bacurau, Da 5 Bloods,
  Hill of Freedom, Sorry We Missed You, Tommaso
    On Line Movies Suggested by Leasing News' Fernando Croce
Labrador Retriever/Mixed (medium coat)
    Princeton, Minnesota  Adopt a Dog
ELFA releases 2020 Software Guide
    50 Page Digital
News Briefs---
DocuSign Buys Liveoak for $38M
    looks to launch “DocuSign Notary”
U.S. passes 3 million reported coronavirus cases
     as debate rages over plans to reopen schools
Walgreens strikes deal with primary-care company
    to open doctor offices in hundreds of drugstores
Banks ring up billions in fees from PPP loans
    JP Morgan Chase/BofA, Seven Other Banks Named
'A gut punch': United Airlines to lay off up to 36,000 U.S.
     employees in October as travel remains depressed
Brooks Brothers, worn by Lincoln and Kennedy, goes bankrupt
    employed 4,000 people in March, before it furloughed about a third
Levi's to cut 700 office jobs
     due to virus-related slump
 ICE order over online classes rattles thousands
      of international college students
Odwalla shuts down: Bay Area smoothie brand
   ceases operations/ 300 Jobs to be Lost
You May have Missed---
Tom Hanks delivers a blunt message
    about COVID-19 on 'Today’
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 13
Leasing News Advertising
    Display, Help Wanted, Banner Ads
Top Ten Leasing News
    July 7 - July 9
Balboa Capital Added to Good Guys: Companies
    Who Notify Lessee in Advance of Lease Expiration
Salespeople Are Different
    By Brian Link
Who Says Women Are Smarter than Men?
Building Your Personal Brand
    The Ultimate Hire by Ken Lubin, ZRG Partners
Kids Going Back to School…
    Costa Mesa, California Adopt a Dog
Free Legal Advice from Ken Greene, General Counsel,
   on COVID 19 issues for Members of AACFB
News Briefs---
Florida reports more than 15,000 new coronavirus cases,
    shattering record
Rift grows between Trump, health experts
   amid coronavirus surge
Companies On PPP List Claim to Have Received
    No PPP Money
Catholic Church lobbied for taxpayer funds, got $1.4B
   may have reached -- or even exceeded -- $3.5 billion
Fintech disruptor SoFi wants to become a national bank
    — again
Long delays in getting test results
    hobble coronavirus response
Leaving Airplane Middle Seats Empty Could Cut
    Coronavirus Risk Almost In Half, a Study Says
Harley-Davidson cuts 500 jobs
    in latest round of layoffs
Fourth of July travel numbers reveal
    continuing decline of motorists
You May have Missed---
U.S. may need another 1 billion square feet
    of warehouse space by 2025 as e-commerce booms
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 15
    Leasing Veteran Neil Roth Passes Away
July 15, 2002 Leasing News Archive
    “Bad Times Get Worse-Layoffs Last Longer”
Banks Prepping for Major Losses on Loans
     Loan-Loss Provisions Last 3 Months 4 Major Banks
Leasepath Joins
    Leasing Software Companies
How Top Originator Got the Greatest Results
    Sales Makes it Happen by Scott Wheeler, CLFP
Qualifying Lessee's Credit
    Leasing 102 Terry Winders, CLP
AP Equipment Financing Q2 Volume Up 49%
    and Announces Employee Promotions
Maxim Commercial Capital Funds Deals
    in 30 States During 2Q 2020
Study Finds Marijuana Legalization in Colorado
    Reduced Crime in Neighboring States
    Alpharetta, Georgia  Adopt-a-Dog
ELFA Announces “ELFA 2020 Business Live!”
    Virtual Conference on Oct. 27-28
News Briefs---
Trump administration drops rule on foreign students
    Facing 8 federal lawsuits/ opposition from 100s of universities
Dr. Anthony Fauci says COVID-19 cases exploding
    because U.S. didn’t completely shut down
Miami is now the coronavirus epicenter
    as cases surge, expert says
Why a coronavirus vaccine won’t end
    the pandemic by itself
Several big US school districts are
    extending remote classes into the fall
Wells Fargo reports first quarterly loss
    in more than a decade
Boeing Lands $1.2 Billion Military Deal
    for Updated F-15 Fighter Jets
Partially blinded by police Video evidence undermines
    official accounts of injuries at George Floyd protests
K-Paul’s Louisiana Kitchen Closes Its Doors
 Legendary restaurant has suffered from repeated closings
You May have Missed---
Canada Outlook: Structural Hurdles to Recovery
    Demand Strong Fiscal and Monetary Support
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 17
Marlin Business Services Lets Go Another 25 Employees
Form 8-K Notice
New Hires/Promotions in the Leasing Business
and Related Industries
And You Thought There Was Stress in Your Life
U.S. Forest Service Housing Market Report
May, 2020
Aircraft Deliveries in Steep Descent Amid COVID-19 Crisis
Worldwide Commercial Aircraft Deliveries/airbus and Boeing
Federal Reserve Beige Book - July 15, 2020
Information Collected on or before July 6, 2020
Falling Jobless Claims Stall At Over a Million
By Ryan Secard - Industry Week
Economic Outlook Forecasts Improvement
In Equipment and Software Investment
Carl Reiner Films He Directed, such as Enter Laughing
  Where's Poppa?, The Jerk, Dead Men Don't Wear Plaid
All of Me---chosen by Leasing News' Fernando Croce
Retriever & Carolina Dog Mix
Billerica, Massachusetts   Adopt-a-Dog
Canadian Finance & Leasing Association
Annual Virtual Conference September 24, 2020
News Briefs---

U.K., U.S. and Canada report that Russian cyber spies
    are trying to steal vaccine research
Kemp’s office seeks to block Atlanta mask mandate in court
     Also from enacting coronavirus restrictions
American Passports Are Worthless Now (Map)
    Oh the places you can’t go
Despite Trump’s pressure, most Americans think
    it is unsafe to reopen schools: Reuters/Ipsos poll
Recent COVID Setbacks Have Closed 100,000 Restaurants
  "...and it's all happened in just the past two weeks."
Tesla has more than 130 employees who tested positive
    for corona virus in Fremont, California
State of Arizona hiring nearly 600 out-of-state nurses
     to assist with COVID-19 care
Cruises will not sail in US waters until October
    after CDC extends its 'no-sail' order
Mortgage rates fall below 3%
    for first time ever
Commercial Mortgage Delinquencies Near Record Levels
    Tripled in 3 months, edging close to their previous 2012 peaks
White House advisor Dr. Anthony Fauci power walks
    3.5 miles a day to relax from his high-stress job
You May have Missed---
Economic Strain Seen in Forecast Through Autumn
   A Resurgence of the Virus, and Lockdowns
     Threatens Economic Recovery
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 20
Alexa Ranks Leasing Association Web Sites
    July 20, 2004
Post a Free Classified Job Wanted
    100 Word Maximum Free Listing
Top Ten Leasing News
    July 13 - July 17
US Delinquency Rates by Property Type
    Month-over-month delinquency rates by major property type
Cashflow Placard
Leasing/Finance/Business Loan Schools
    Several Have Many Long Term Programs
US COVID cases
California DBO to Monitor Compliance
    with Face Covering Guidance
Net interest margin dropped 29 bps for banks
    and 21 bps for credit unions in Q1 2020
Webinar on Best Practices for Virtual Business Meetings
    During Pandemic and Beyond
Coonhound/Bluetick Coonhound Mix
    Portland, Oregon -  Adopt-a-Dog
Leasing News Industry
   Help Wanted/Banner Ads/Display Ads
News Briefs---
There are no ICU beds available
    at 49 Florida hospitals
Fauci holds up New York as model for fighting coronavirus
    — ‘They did it correctly’
Portland mayor responds after Trump says city 'lost control':
    'A direct threat to our democracy'
Wild video shows people flooding Astoria’s
    Steinway Street without masks
You May have Missed---
Lender Alert: Commercial Finance Disclosure Legislation
    In New York State Merits Watching
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 22
American Association of Commercial Finance Brokers' Tribute
to Neil Roth, Leasing Veteran Who Passed Away
The Law to Change Financial Disclosure in California
Under Construction, Perhaps Delayed
Auto Defaults Now at Lowest Point in 10 Years
By SubPrime Auto Finance News Staff
June, 2020 – The List
“The Good, the Bad and the Ugly”
FDIC Proposes Fintech Certification Program
“To Encourage Partnership with Banks”
The World’s Largest Boeing 747 Operators---Cargo
Number of Boeing 747s in Commercial Operation
Academy for Lease & Finance Professionals
Three Sessions, Three Virtual Online
Fifty Ways to Beat the Virus
Leasing Industry
Help Wanted
2020 AACFB Annual Conference Goes Virtual
September 21 – 25, 2020
Labrador Retriever
Louisville, Kentucky  Adopt-a-Dog
Thursday, July 23rd, 2-3pm Eastern, 11am - 12pm Pacific
  Webinar on Best Practices for Virtual Business Meetings
During Pandemic and Beyond
News Briefs---
Ahead of protest at his house, Sacramento city manager
    says he’s disciplined dozens of cops
United Airlines loses $1.6 billion in the second quarter
     as pandemic saps travel demand
CIT Group (CIT) Reports Q2 Loss, Lags Revenue Estimates
    Full Press Release (19 pages)
GATX Corporation Reports 2020 Second-Quarter Results
   Net Income 2ndQ $37MM, Fleet Utilization 98.7%
LinkedIn cutting nearly 1,000 jobs
    as COVID-19 slams recruiting
US needs to lower COVID -19 transmission rate
     to reopen schools, surgeon general says
Homeland Security making plans to deploy some 150 agents
    in Chicago this week, with scope of duty unknown
Why is a right-wing flack and Roger Stone ally
    in charge of Dr. Fauci's schedule?
Dr. Anthony Fauci to Throw Out 1st Pitch
    at Yankees vs. Nationals Season Opener
You May have Missed---
A Housing Collapse Worse Than the Great Depression
    Could Be Looming
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 24
New Hires/Promotions in the Leasing Business

    and Related Industries
U.S. Airlines Hit turbulence Amid COVID-19 Pandemic
    Chart---Operating Revenue of Major U.S. Airlines
Business is a Mess
What Do You See Out Your Window?
    Free Window Swap
National Equipment Finance Association
    Cancels Oct. 14 – 16th Philadelphia, PA Funding Symposium
NVLA Reschedules the Austin, 2020 Conference
    in October to a Viral Conference
Ascentium Capital LLC Reports Second Quarter Funding Volume
    and Exceeds $2.5 Billion in Managed Assets
ELFA Webinar Takeaways: Unconscious Bias in the Workplace
    July 15 Event Explores Origin and Mitigation
       of Behaviors for Greater Inclusion
Watch at Home: Ennio Morricone Scored Films;
 The Untouchables, The Good, the Bad and the Ugly; The Battle    
    of Algers, Days of Heaven, The Hateful Eight
       --by Leasing News Fernando Croce
Pointer Dog
    Pittston, Pennsylvania   Adopt-a-Dog
Leasing Industry
     Help Wanted
News Briefs ---
Equipment Leasing and Finance Association Reports:
    U.S. Business Borrowing for Equipment Falls 10% in June
Kabbage Launches Checking Accounts for Small Business
    1.1% Interest on Checking, "Rich" features for Small Business
Nearly 16,000 Restaurants Have Permanently Closed Due
    to COVID….The Number is Up 23 percent since June 15
Why COVID Could Kickstart Chipotle’s Road to 5,000
Restaurants: Order Ahead up 140%; Delivery up 125%
Despite Pandemic, the Lawry’s Experience Carries On
   How They Have Succeeded
Tesla makes $104 million profit in 2Q
    despite Fremont factory shutdown
'Eviction Time Bomb': Over 40,000 Santa Clara County     
Renters Could Soon Face Eviction, New Report Warns 
Oakland, San Jose mayors tell Trump sending agents
    to Portland and other cities is ‘abuse of power’
Two DHS Officials Apparently Just Admitted
    Their Troops Have Been Violating the Constitution
AOC’s speech about Ted Yoho’s ‘apology’
was a comeback for the ages
You May have Missed---
A Housing Collapse Worse Than the Great Depression
    Could Be Looming
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 27
Leasing News Advertising Display Advertising
    Help Wanted Ads Banner Help Wanted Ads
Top Ten Leasing News
    July 20- July 24
ELFA Reports June up 33% from May, 2020
    Year-to-date was down 0.5% Compared to 2019
Story Credit Lessors and Lenders List for COVID-19
    "C" & "D" Lessees, Business Loans, Working Capital
30 Million Workers on Jobless Benefits as $600 Bonus Expires
     Number of Persons Claim in Unemployment Benefits – Chart
Pay Attention to These Top
  Search Engine Optimization Trends in 2020
    FinTech #102 by Alex Vasilakos
Leasing Industry Ads
    ---Help Wanted
“I finally remember what Zoom Meetings
    reminds me of”  --Placard
    Chicago, Illinois  Adopt-Dog
     joins Back Office Classified
News Briefs---
New York State Legislature Passes Law That Requires
   APR Disclosure On Small Business Finance Contracts
     (Even If They’re Not Loans)
Elon Musk: Tesla to install power trunk for free
    after plea from wheelchair user
Armed protester shot dead was helping
     quadruple-amputee girlfriend, mom says
Waitress Who Booted Disgraced Tech CEO
     Gains Hero Status
Hurricane Douglas may be only
    the third hurricane to make landfall in Hawaii
You May have Missed---
Rep. John Lewis Last Time over Pettus Bridge
    (57 second video)
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 29
If You Are Waiting for a Sign…

New York Follows California’s Lead
  By Passing Small Business Truth-in-Lending Act
Written by Attorneys Robert Hornby, Frank Peretore,
   Adrianne Price, Chiesa Shahinian & Giantomasi, PC
Raising the U.S. Flag at Amur Equipment Finance
New Offices in Grand Island, Nebraska
Cannabis: Congress Passes Measure
Allowing Military Personnel to Use CBD
Nine Steps to Handle Irate Customers Effectively
Over 40% of U.S. Adults Are
Susceptible to Severe Covid-19 – Chart
U.S, States Stall on Contact Tracing Technology Chart
Status of State Participation in Apple * Google API
FTC Reports Volkswagen Repaid More Than $9.5 Billion
To Car Buyers Who Were Deceived by “Clean Diesel” Ad Campaign
Labrador Retriever/Blue Heeler Mix
Grand Island, Nebraska  Adopt--a-dog
Pay Attention to These Top
Search Engine Optimization Trends in 2020
News Briefs---
Enova to Acquire OnDeck to Create a Leading FinTech
     Company Serving Consumers and Small Businesses
Element Reports Resilient Second Quarter Results,
    Continued Overachievement on Strategic Priorities
US consumer confidence tumbles in July
     as COVID-19 spreads
Credit Accounts in ‘financial hardship’ level off in June
   Article includes Financial Hardship Status by Credit Product
Google will let employees work from home
    for at least another year
Pandemic drives average age of cars in US to a record high
    "creates opportunities for repair shops and parts outlets"
McDonald's to close 200 U.S. restaurants
   Here's where some of the closures are expected
Starbucks says it lost $3.1 billion in sales
   due to COVID-19, pivots to more curbside pickups
Harley-Davidson U.S. Sales Plunge 27% in Q2
     Steepest Decline in Six Years
Finding Flexibility: Rental, Leasing Companies
    Provide Solutions During Uncertain Times
Not Sparing Anyone: Texas Funeral Homes
     Can’t Escape Virus
You May have Missed---
Most Expensive Place to Live in
     all Fifty States
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

July 31
Rapid Finance Resumes Funding

    Invites New Partners
Marlin Business Services 2Q $5.9 Million Loss
    Compared to $11.8 Million Loss 1Q
Pictures from the Past:
    Paul Menzel and Jim Merrilees. 1992
New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing Industry Ads
    ---Help Wanted
The First COVID-19 Business Interruption Decision
    Sides In Favor of Insurers
Over 40% of U.S. Renters Now at Risk of Eviction – Map
    Estimated Share of Renter Households facing potential eviction
Fintech Insider Says Online Lenders are Struggling Due to US
    Government Programs Supporting Businesses During COVID-19
Balboa Capital Survey Reveals 8 in 10 Small Business
    Owners Embracing Remote Work Models in 2020
ELFA 2020 Survey of Equipment Finance Activity
    Reports New Business Volume Grew 10.5% in 2019
New Releases:  The Cameraman/ Dance, Girl, Dance
  The Great Escape. Husbands/ An Unmarried Woman
   Five Latest Classics chosen by Fernando Croce
    Santa Barbara, California   Adopt a Dog
Custom URL on
    How to do it and Why
News Briefs---
US workers file 1.43 million more jobless claims
      as crisis total tops 54 million
New federal unemployment benefits could take
    as long as 20 weeks to process, California EDD head says
Four of the largest tech companies added $200 billion in value
    after hours Thursday following strong earnings reports
Apple announces 4-for-1 stock split
  stock currently trades above $380, expect $100 a share
Joe Manchin and head of postal service union
    warn of possible post office closures
Fauci urges Americans to wear
     goggles for added COVID-19 protection
Fintech Consolidation and Banks
  By Charles Wendel
Intuit Adds Bank Account to QuickBooks Offerings
    Bill Pay plus Pays 1% on QuickBooks Cash Account
E-Dealer Direct to help about 500 credit unions
    with repossessions
California hiring 5,300 workers, appointing
    ‘strike team’ to get a handle on unemployment surge
California Pizza Kitchen Declares Bankruptcy
    163 Corporate Locations/16 Franchises
Why some local restaurants can’t stand delivery apps
       — and which deliver on their own
You May Have Missed---
Congressman John Lewis final words
   Part of an Essay to be published after his death
  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

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