Leasing News - information, news, education and entertainment for the commercial bank, finance and leasing industry

You May Have Missed ---
The U.S. Economy Is Surpassing Expectations.
Immigration Is One Reason

######## 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.

Commercial Finance/Leasing Conferences
2024 – updated – writers covering for Leasing News

March 5-7: Funder's Forum, Miami, Florida
https://leasingnews.org/Ads/Completed/brokers_expo112023.html
Paul Rutherford, JGP Financial, LLC, will be covering the Forum for Leasing News

March 25–28: NEFA Finance Summit, Huntington Beach, CA
Agenda, Attendee List, Registration
Theresa Kabot, CLFP, Kabot Commercial Leasing LLC, will be for Leasing News

April 16-18: AACFB Conference, Glendale, Arizona
https://annualconference.aacfb.org/home
Find Your Funder Here - Exhibitors List
https://leasingnews.org/archives/Feb2024/02_05.htm#aacfb
Vicki Shimus, CLFP, Balboa Capital, will be covering for Leasing News

April 16-18: ELFA 35th Annual National Funding Conference, Chicago, IL
Funding Sources as of 02/06/2024 - Schedule -Hotel-Registration
Edward Kaye, Inspiration Mobility, will be covering for Leasing News

April 30-May 1: AGLF Conference, Austin, Texas

May 5–7: Equipment Finance Connect, Nashville, Tenn.
https://equipmentfinanceconnect.com

May 20: deBanked Broker Fair, New York City
https://brokerfair.org/register
Pooja Nene, Balboa Capital, Broker Relations Manager, will be covering for Leasing News.

Sept. 4-5: AACFB Commercial Financing Expo New Orleans, LA

Sept. 10-12: Auto Finance CEOs, San Antonio, Texas

Sept. 10-12, CFLA Conference, St. John's, NL, Canada

Oct. 16-18: NVLA Conference, Clearwater Beach, Florida
https://www.nvla.org/page/2024conference
Sloan Schickler, Esq., Schickler & Schickler, wlll be
covering the conference for Leasing News. She is also
presenting there.

Oct. 27-29: 63rd ELFA Annual Convention, Austin, TX

Nov. 3- Nov. 5: NACLB Conference, Las Vegas, NV
https://naclb.getregistered.net/2024-conference-expo/agenda
Note: While this is open for registration, the company
and individuals are involved in a major law case
(In a email President Kris Rogieri confirmed the conference has not been
cancelled). Red River Hotel, Casino and Spa Catering confirmed the
conference is scheduled.

Nov. 11-14: NEFA Funding Symposium, Indianapolis, Indiana

To be listed, email: kitmenkin@leasingnews.org

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New Hires/Promotions in the Leasing Business
and Related Industries

Steven Chaker was hired as Business Development Officer, Exos Lending, Arvada, Colorado. He is located in Orange County, California. Previously, he was VP - Nationwide Government Guaranteed Lending, GBank (July, 2023 - February, 2024; Senior Business Consultant, Capital Consultants Group (March, 2018 - February, 2024). Full Bio:
https://www.linkedin.com/in/steven-chaker-a35a01/details/experience/
https://www.linkedin.com/in/steven-chaker-a35a01/

Brittney McNeal was hired as Regional Sales Manager, Ascentium Capital, Kingwood, Texas. She is located in Greater Philadelphia. She joined Marlin Capital Solutions March, 2020, as Sales Development Representative, promoted April, 2021, Business Development Manager.
https://www.linkedin.com/in/brittney-mcneal-28922666/

Josh Schulman was hired as Senior View President, National Sales Manager, located at Vantage's HQ office in Minnesota to cover Vantage's sales team across the country. He previously was National Account Executive - Ohio, Kentucky, Indiana, Tennessee and Pennsylvania for Huntington National Bank (June, 2021 - February, 2024). Hew joined TCF Capital Solutions March, 2012, promoted to Vice President - Ohio and Kentucky (January, 2016 - June, 2021). He began his career at Lawson Software, starting 2003, Manager, Alliances and Operations, promoted March, 2003, Manager , Global Operations and Alliances, Major Account Executive (June, 2011 - March, 2012).
https://www.linkedin.com/in/joshua-schulman

Ricardo Sondakh-Dorantes, CLFP, CTA, was promoted to Senior Relationship Manager, Bank of Ann. Arbor. He joined the company January, 2014, Account Manager, promoted Relationship Manager
(January, 2014 – February, 2013)), He is located in Ann Arbor, Michigan. Previously, he was Senior Sales Associate, Metro PCS (November, 2010 – December, 2013).
https://www.linkedin.com/in/ricardo-sondakh-dorantes-clfp-cta-3831b08b

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Leasing and Finance Industry Help Wanted

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Inflation Several Counties
Year-over-year as of January 2024

Alberto Calva | acalva@acusconsulting.com
acalva@acus.ca | Cell & WhatsApp +1-416-824-1924

ELFA Launches New Funding Source Database
in Advance of 2024 Funding Conference
Open to members and non-members

Washington, D.C. – The Equipment Leasing and Finance Association (ELFA) today launched a new Funding Source Database, originally prepared as a companion tool for the upcoming 2024 Funding Conference, April 16-18 at the Palmer House Hilton in Chicago.

Ed Kay, SVP Sales and Business Development for Inspiration Mobility, will be covering for Leasing News readers.

The annual Funding Conference connects funding sources with equipment finance organizations looking to establish relationships to fulfill their funding needs. Attendees of the conference can turn to the new Funding Source Database in advance of the event—and all year long—to search by type of company, type of lease structure, funding programs, equipment type and credit criteria.

This new online tool is designed for both equipment finance professionals seeking funding and those looking to buy transactions.

ELFA recognized the members of the 2024 National Funding Conference Planning Committee who are helping to plan the Funding Conference, including:

• Michael Ash, SVP - Managing Director, Capital Markets & Regional Originations, Flagstar Financial & Leasing, LLC (Committee Chair)
• Robert Blee, Global Capital Markets Leader, GE HealthCare
• David Cardew, Senior Managing Director, Syndication, Element Fleet Management
• Michael Clune, CLFP, SVP, Director of Capital Markets, First American Equipment Finance, an RBC / City National Company
• Nicholas Colvin, Vice President - Indirect Originations, Fifth Third Bank, National Association
• Leif Grundahl, Syndicator, Wells Fargo Equipment Finance
• Chris Meeks, SVP, Capital Markets, Concentric, LLC
• Sera Oliver, Vice President - Capital Markets, Key Equipment Finance
• Thomas Pagano, Senior Vice President - Capital Markets Leader, Customers Commercial Finance, LLC

Funding Source Database to date:
https://www.elfaonline.org/directories/fundingsource-database/home

More Information
The agenda and registration details for the ELFA Funding Conference are available at http://www.elfaonline.org/events/2024/NFC/

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Funding Sources as of 02/26/2024
35th Annual ELFA National Funding Conference
Full Information on Conference

Funding Sources as of 02/26/2024

36th Street Capital
Ansley Park Capital
Atlantic Union Equipment Finance
Bank of America Global Leasing
BankFinancial, NA
Baystone Government Finance/KS State Bank
Brean Capital, LLC
Capteris Capital
CIBC
Citizens Asset Finance, a division of Citizens Bank, N.A.
Customers Commercial Finance, LLC
ECS Financial Services, Inc.
Element Fleet Management
Equipment Leasing Group of America, LLC
Fifth Third Bank, National Association
First American Equipment Finance, an RBC / City National Company
First Bank Chicago
First Citizens Bank Equipment Finance
First Commonwealth Equipment Finance
First Horizon Equipment Finance, a division of First Horizon Bank
Fleet Advantage, LLC
Gordon Brothers Equipment Finance
Huntington Equipment Finance
JPMorgan Chase Bank, N.A. – Equipment Finance Group
Key Equipment Finance
LEAF Commercial Capital Inc.
Lonetown Capital LLC
M&T Capital and Leasing Corp.
Marathon Asset Management
Meridian OneCap Credit Corp.
Mitsubishi HC Capital America, Inc.
NEC Financial Services, LLC
Pacific Western Bank
Peapack Capital Corporation
Pinnacle Financial Partners, Inc.
Prime Alliance Bank
SCG Capital Corporation
Securcor Financial Group
Societe Generale Equipment Finance
Stonebriar Commercial Finance
Summit Funding Group, A First Financial Bank Company
U.S. Bank
VFI Corporate Finance
Webster Capital Finance, Inc.
Wells Fargo Equipment Finance
Wingspire Equipment Finance LLC
Wintrust Commercial Finance
Wintrust Equipment Finance
Wintrust Specialty Finance

Full Information:
https://cvdata.elfaonline.org/cvweb/cgi-bin/eventsdll.dll/EventInfo?SESSIONALTCD=FUND2024

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Watch at Home
by Fernando Croce, Leasing News Movie Reviewer

Loaded with masterpieces, ranging from lyrical dramas to intricate investigations to hyperkinetic thrills, the latest batch of Criterion releases is a must for true lovers of cinema.

The Apu Trilogy: The most respected of all Indian filmmakers, Satyajit Ray reached worldwide acclaim with this wondrous trio of films, which follow a man's life from infancy into adulthood. In the first, "Pather Panchali" (1955), we see Apu as a boy discovering the marvels of the world while he and his family struggle with poverty in a small village. In the second, "Aparajito" (1956), the focus is on the teenaged Apu's relationship with his mother, who's concerned about her son moving to Calcutta for studies. Finally, "The World of Apu" (1959) sees Apu as a young man acquainted with the bliss of love and the sorrows of loss. A humanistic with an astounding eye for telling character interactions, Ray serves a profoundly poignant view of the world. The Blu-Ray restoration of this three-part masterwork is reason for cinephiliac to rejoice. With subtitles.

Days of Heaven (1978): Genius filmmaker Terence Malick followed up his brilliant debut (“Badlands”) this exquisite period drama, considered by many to be his finest work. Set in the 1910s, it follows Bill (Richard Gere), a Chicago laborer who, in the wake of a fatal fight, takes off to Texas with his girlfriend Abby (Brooke Adams) and young sister Linda (Linda Manz). Posing as siblings, they work for a rich, lonesome farmer (Sam Shepard), who develops feelings for Abby. She marries the boss in hopes of inheriting his fortune, but things become more complicated when she falls in love with him, which leads the characters down a brutal path. A work at once spare and luxurious, Malick’s film deals in richly expressive and poetic visuals, enhanced by Ennio Morricone’s lyrical score.

Lone Star (1996): One of American independent cinema’s most inquisitive figures, writer-director John Sayles exhumes the past to illuminate the present in this complex, observant drama. Set in a frontier Texan town, the story kicks off as a skeleton is found in the desert, leading local Sheriff Sam Deeds (Chris Cooper) on an investigation that looks back at past decades. As he pieces together the interactions between his own father, beloved lawman Buddy Deeds (Matthew McConaughey), and tyrannical Sheriff Charlie Wade (Kris Kristofferson), a tapestry of political and racial tension gradually emerges. Chipping away at established myths to examine human conflict, Sayles here is at his most assured as a storyteller, fluently weaving between characters as well as periods. The cast also includes Elizabeth Pena, Joe Morton, and Frances McDormand.

McCabe & Mrs. Miller (1971): The most prolific of the great American directors in the New Hollywood of the 1970s, Robert Altman tackled genre after genre with modernist sardonicism. High among his masterpieces is this exquisitely wrought Western, which reinvents the Old West with a simultaneously ruthless and lyrical eye. Warren Beatty delivers a wonderful (and uncharacteristically scruffy) performance as the eponymous McCabe, a wandering, none-too-bright gambler who arrives at a snowy mining community with dreams of making it big. He teams up with crafty madam Mrs. Miller (Julie Christie), but their establishment is soon threatened by a powerful company not afraid to use violence for its own means. A unique mixture of the rough-hewn and the delicate, Altman’s incomparably beautiful classic unfolds like a veritable cinematic ballad.

Trainspotting (1996): A wicked blast from the unruly 1990s, English director Danny Boyle’s most famous film has the same kind of eclectic, flashy style that made his Oscar-winning “Slumdog Millionaire” a hit with audiences and critics, but it is a much darker, tougher work. Set in a netherworld of colorful, brawling Scottish junkies, it focuses on Mark Renton (Ewan McGregor, in his breakout role), a young man who moves from Edinburgh to London but can’t escape from the dangerous squalor of drugs. He becomes determined to kick the habit, though with people like the brutal Begbie (Robert Carlyle) surrounding him, however, it’s a task easier said than done. Though the subject is grim, Boyle’s breathlessly kinetic style and dark sense of humor keep the harrowing story consistently exhilarating.

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

News Briefs

Stock Market Today: Nasdaq Closes
at Record High After Inflation Data
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-02-29-2024?mod=hp_lead_pos1

Florida Homeowners Are Desperately
Trying to Move Out
https://www.newsweek.com/florida-homeowners-desperately-trying-move-out-1874173

Auto Insurance Spike Hampers
the Inflation Fight
https://www.nytimes.com/2024/02/29/business/economy/auto-insurance-inflation.html

Boeing Faces Justice Dept.
Review Over Max 9 Incident
https://www.nytimes.com/2024/02/28/business/boeing-doj-max-9-review.html

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The U.S. Economy Is Surpassing Expectations
Immigration Is One Reason.
https://www.nytimes.com/2024/02/29/business/economy/immigrants-labor.html

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Sports Briefs---

49ers DC candidate trashed the team's
Super Bowl performance during a radio appearance
https://www.sfgate.com/49ers/article/dc-candidate-dave-merritt-trashes-49ers-super-bowl-18696303.php

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California News Briefs---

S.F. spent nearly $2 billion on the Central Subway.
Did it really help Chinatown?
https://www.sfchronicle.com/bayarea/article/central-subway-chinatown-muni-18689710.php

California insurance crisis: Another withdrawal
leave tens of thousands without coverage
https://www.sfchronicle.com/california/article/insurance-withdraw-american-national-18696262.php

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Gimme that Wine

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

Wine of the week: St. Supéry Dollarhide,
2022 Napa Valley Sauvignon Blanc
https://www.pressdemocrat.com/article/lifestyle/wine-of-the-week-st-supery-dollarhide-2022-napa-valley-sauvignon-blanc/

Sonoma County wineries ready to welcome thousands
of visitors during Wine Road Barrel Tasting
https://www.pressdemocrat.com/article/lifestyle/sonoma-county-ineries-ready-to-welcome-thousands-of-visitors-during-wine-ro/

The Judgment of Bordeaux and the Sleeping Giant
North of the U.S. - The Niagara Wine Region
https://www.winebusiness.com/news/article/283797

Will George Clooney's Midas Touch
Drinks Work for Wine

https://www.winespectator.com/articles/does-george-clooney-make-wine-from-nespresso-to-casamigos-to-domaine-du-canadel?

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