New Hires/Promotions in the Leasing Business
and Related Industries

Scott Schrenker was hired as Northeast Business Development Manager, Mitsubishi HC Capital America, Norwalk, Connecticut. He is located in Clinton, Pennsylvania. Previously, he was Vice-President, Regional Equipment Finance Specialist, N.N.B. Corporation (November, 2021 - March, 2025); Regional Sales Manager, Commercial Credit Group, Inc. (July, 2017 - November, 2021); Outside Sales Representative, American Sales Equipment Company (September, 2012 - July, 2017).
 Full Bio:
https://www.linkedin.com/in/scott-schrenker-b79332135/details/experience/
https://www.linkedin.com/in/scott-schrenker-b79332135/

Don Walsh was hired as Managing Director at Eldridge Capital Management, Jan 2025 - Present. Formerly Senior Vice PresidentSenior Vice President Stonebriar Commercial Finance, Apr 2016 - Dec 2024
https://www.linkedin.com/in/don-walsh-43688811

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Funders Taking "New" Broker Business List
Five Do Not Require that Brokers Be Licensed

BSB Leasing, Inc.
Bankers Capital
C.H. Brown Company
Forum Financial Services
Leasing Solutions
TimePayment Corp.

The following “funders” have informed Leasing News they will consider business from “new” third party originators.  Many companies require a certain length of time in business and other requirements, such as a specific volume of business.  These “funders” will consider submissions from those new in the leasing and finance business:

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I believe I may be let go!
Career Crossroads by Emily Fitzpatrick/RII

Employees are let go for a myriad of reasons but reasons typically falls under two - the health of the company or your individual performance or of course a combination of the two!

I do not know if you are in a sales role but, if the company is doing well as a whole and an individual is not producing / not meeting goals and objectives set forth, then termination is likely. I would discuss with managers / higher ups about unattainable production way before this could ever occur – be proactive. At the same time, I would not suggest complacency – push yourself to EXCEED goals and you will most likely never be terminated – UNLESS the company itself is not healthy which is beyond your control. HOWEVER, if you are a true producer with good business to bring to another employer – you will have no problem securing a new role.

If you are in an operational role and, again the company is a healthy entity, the answer may be redundancy or non-performance / not meeting standards / expectations set forth. Also, note that there are many companies being acquired or merged and the acquiring company typically does not retain acquired employees;  this again is beyond your control. Be proactive – see if you are able to gain cross-functional roles, exceed expectations, take classes, secure certifications, take languages, study to become a Certified Leasing and Finance Professional… becoming indispensable is your best defense against termination!

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

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

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Balboa Capital Available Position
Program Manager II- Equipment Broker Sales

Top Ten Most Read by Readers
March 10 to March 14

(1)  New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Mar2025/03_10.htm#hires

(2) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Mar2025/03_12.htm#hires

(3) Why You Need an Attorney in California
By Ken Green, Leasing News Editor, Emeritus
https://leasingnews.org/archives/Mar2025/03_10.htm#why

(4) Funders Forum & Broker Expo
  Seminole Hard Rock Hotel & Casino
Hollywood, Florida
https://leasingnews.org/archives/Mar2025/03_10.htm#ff

(5)  AP Fleet Management Expands Team
to Drive Growth and Excellence
https://leasingnews.org/archives/Mar2025/03_14.htm#ap

(6) Most Influential Lawyers
in Equipment Finance and Leasing
https://leasingnews.org/archives/Mar2025/03_12.htm#most

(7) Leasing News Advisor
Don Myerson
https://leasingnews.org/archives/Mar2025/03_14.htm#don

(8) Introducing "The Leasing Briefing Podcast”
    Produced by BSB Leasing
https://leasingnews.org/archives/Mar2025/03_14.htm#pod

(9) Self-Motivated
By Scott Wheeler
https://leasingnews.org/archives/Mar2025/03_12.htm#sm

(10) How to Create a Career Development Plan
By Ken Lubin, ZRG Partners
https://leasingnews.org/archives/Mar2025/03_14.htm#how

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Commercial Finance/Leasing Finance
Conferences and Forums  - Updated

Michelle Curran, while a captain, as an F-16 pilot with the 355th Fighter Squadron, main speaker NVLA Conference

April 9–11: NVLA Conference, Clearwater Beach, Florida
Conference Details  2025 NVLA Annual Conference - National Vehicle Leasing Association (NVLA)
 This year's conference will feature Keynote Speaker, Michelle "MACE" Curran, Women in Leasing Poolside Social, informative education sessions, and ample networking opportunities. Attend the next NVLA Women in Leasing meeting on March 19, 2025 at 9 a.m. PT / 11 am CT / 12 pm ET.

Sloan Schickler, Esq., Schickler & Schickler, PLLC., Leasing  News advisor and writer,  will be covering the conference for Leasing News readers

April 9-11: AACFB Annual Conference, Las Vegas, Nevada       https://myemail.constantcontact.com/Don-t-Miss-Brokering-Essen
The deadline to get the AACFB group rates for the 2025 AACFB Annual Conference in Las Vegas is fast approaching. The block at the Paris Hotel is oversold, making some nights only available at a higher rate. However, the group rate is still available at the Horseshoe Hotel next door to the Paris. Book NOW! https://conta.cc/4kmi84u     Conference Details    List of Exhibitors    

Theresa Kabot, CLFP, K2 Funding, Kabot Commercial; Leasing advisory board original member of Leasing News Advisory board and long time friend will be covering the AACFB conference for Leasing News readers.

April 15-17: ELFA 36th Annual National Funding Conference, Chicago, Illinois
Conference Details
Don't miss your chance to connect with over 600 industry professionals at the ELFA Funding Conference. Funding is the lifeblood of the equipment leasing and finance industry – this event is your opportunity to secure the partnerships you need to drive success. Register and view hotel information

May 19: Broker Fair, New York City  The Best is Yet to Come
https://brokerfair.org
https://brokerfair.org/register/

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

Captive Lessors

(for Funder list "A," please click here
for Funder list "B," please click here,
for funders specializing in "Story Credits," please click here
for Broker/Lessors List "A," please click here, for list "B," please click here. )

There is no advertising fee or charge for a listing. They are "free." Leasing News makes no endorsement of any of the companies listed, except they have qualified to be on this specific list.

To qualify for this list, the company must be either a manufacturer, distributor, or a major supplier (seller.) The "captive" company may have their own funds or secure line(s) of credit. They are not dealers who provide financing under a "private label program," but are there own "lessor." The company may sell off its portfolio from time to time, or enter into a exclusive arrangement with a major financial source. The definition may be further realized by viewing the companies listed.

Leasing News reserves the right to not list a company who does not meet these qualifications.

We encourage companies who are listed to contact us for any change or addition they would like to make. Adding further information as an "attachment" or clarification of what they have to offer would be helpful to readers are very much encouraged.

( To apply to be listed, please fill in our "Captive Lessor" Form and fax to 408-317-2066

or you may e-mail to: kitmenkin@leasingnews.org.)

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

GreatAmerica Announces $692.5 Million Term Securitization

(Cedar Rapids, IA) – GreatAmerica® Financial Services Corporation announced today that it closed its 26th term securitization with $692,584,000 of privately placed bonds. S&P and Fitch rated 93.4% of the bonds in the transaction as AAA, unchanged from the prior nine transactions from GreatAmerica. This transaction brings Great America’s life-to-date bond issuances to $11.2 billion.

Scott Rheinschmidt, Executive Vice President and Chief Financial Officer at GreatAmerica, explained.“Teamwork drives our success at GreatAmerica. Our consistent strong performance continues to be well recognized in the debt markets, leading to outstanding outcomes,”
“The successful execution of our most recent bond offering reflects the dedication, expertise, and value our GreatAmerica team members deliver daily, empowering our customers to thrive.” 
Proceeds from the transaction will pay off outstanding warehouse and revolving credit facility debt, placing GreatAmerica in a strong liquidity position to continue to support business operations and serve its customers.  

A February 2025 S&P Global Ratings presale report stated, “GreatAmerica has successfully serviced each of its 25 previous securitizations since 1995. The company is distinct from many other small-ticket equipment leasing companies because it benefits from long tenure and senior management continuity.”

Investor interest was strong, as evidenced by nearly $4.3 billion in orders placed, 6.2 times the amount of bonds offered. There were 36 unique investors that participated in the bond transaction, including three new investors.  

About GreatAmerica Financial Services® 
GreatAmerica is the largest, family-owned national commercial equipment finance company in the United States. A $3.3+ billion company with life-to-date finance originations of $18 billion, GreatAmerica was established in Cedar Rapids, Iowa in 1992. Dedicated to helping manufacturers, distributors, resellers, and franchisees be more successful and keep their customers for a lifetime, GreatAmerica offers innovative, complementary services in addition to financing. GreatAmerica is committed to the communities it serves and donates more than $1.1 million annually through a GreatAmerica Donor Advised Fund and an Employee Advised Fund, giving team members a say in where funds are allocated.  https://www.greatamerica.com/

News Briefs

Trump tapped Kari Lake to run VOA.
    Then he dismantled it.
https://www.washingtonpost.com/politics/2025/03/16/trump-voa-voice-of-america/   

Welcome to hell: First 250+ migrant gang members from   
  US arrive in El Salvador — where they’ll be held
    in a notorious mega-prison
https://nypost.com/2025/03/16/us-news/first-flight-of-250-migrant-gang-members-arrive-in-el-salvador-to-be-held-in-notorious-mega-prison/

The administration argued Sunday that the planes were
    already outside the judge's jurisdiction when he issued his order.
https://www.politico.com/news/2025/03/16/deport-support-venezuela-el-salvador-00232379

How Missouri Became a Cannabis Mecca
    Hottest Marijuana Market in the U.S.
https://www.wsj.com/us-news/missouri-cannabis-market-business-34dd47ad?mod=business_lead_story

Job Seekers Hit Wall of Salary Deflation
    salary bump that people who switch jobs used to command has vanished
https://www.wsj.com/lifestyle/careers/salary-deflation-workers-new-jobs-0b2e1a1f?st=hsqqHD&reflink=desktopwebshare_permalink

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Trump hits highest approval he’s ever had — as more      
    Americans  say US is on right track than any time in
       20 years: poll
https://nypost.com/2025/03/16/us-news/trump-hits-highest-approval-hes-ever-had/

CNN Poll: Democratic Party’s favorability
    drops to a record low
https://www.cnn.com/2025/03/16/politics/cnn-poll-democrats

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Sports Briefs---

Stephen Curry has 28 points, Steve Kerr becomes
    Warriors'  regular-season victory leader in 97-94 win Knicks
https://www.pressdemocrat.com/article/sports/stephen-curry-has-28-points-steve-kerr-becomes-warriors-regular-season-vi/

Santa Clara Board approves $60.9M budget,
    rejects 49ers' office funding
https://www.sportsbusinessjournal.com/Articles/2025/03/14/santa-clara-board-approves-609m-budget-rejects-49ers-office-funding

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California News Briefs---

    
Disney housing development turns into nightmare
For displaced Calif. residents
https://www.sfgate.com/disneyland/article/disney-planned-community-displaced-residents-20185729.php

Federal cuts could be ‘catastrophic’ for Truckee.
   Here’s what officials are doing about it
https://www.sfchronicle.com/outdoors/article/truckee-opposes-federal-cuts-20216181.php

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Gimme that Wine

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

WiVi Keynote Speakers Break Down Younger Generation-
 Drinkers: Yes, they're Still  Drinking, but Industry Needs to  
   Broaden Drinking Occasions, Meet the Consumer
      Where they Are
https://www.winebusiness.com/news/article/299457

Wine Businesses Fear Disaster in Threat of Huge Tariffs
https://www.nytimes.com/2025/03/13/dining/drinks/wine-trump-tariffs.html

I've Written This Wine Column for 15 Years.
   What's Changed--And What Hasn't
https://www.wsj.com/arts-culture/food-cooking/ive-written-this-wine-column-for-15-years-whats-changedand-what-hasnt-e2800c49?mod=panda_wsj_custom_topic_alert

New Zealand Wine Continues to Defy Market Trends,
    Growing for 16th Consecutive Year in the U.S.
https://www.winebusiness.com/news/article/299461

2021 Markham Vineyards Napa Valley Cabernet Sauvignon Auctioned
   For $225,000 At Champions Wine Auction
https://www.winebusiness.com/news/article/299465