New Hires/Promotions in the Leasing Business
and Related Industries

Dean Allman was hired as Business Development Manager, Atalaya Leasing, New York, New York. He is located in Reno, Nevada. Previously, he was at Pathward, starting as National Account Executive (November, 2022 - May, 2024). Full Bio:
https://www.linkedin.com/in/dean-allman-12bbb02/details/experience/
https://www.linkedin.com/in/dean-allman-12bbb02/

Christopher Benitez was hired as Business Development Officer, AP Equipment Financing,  Bend, Oregon. He is located in Colorado Springs, Colorado. Previously, he was Territory Manager, Wells Fargo Equipment Finance (January, 2011 - April, 2024); District Credit Group  Manager, Commercial Credit Group(September, 2010 - January, 2012). Full Bio:
https://www.linkedin.com/in/christopher-benitez-0054b320/details/experience/
https://www.linkedin.com/in/christopher-benitez-0054b320/

Elizabeth Hoeffner was hired as Corporate Attorney, NewLane Finance, Philadelphia, Pennsylvania. Previously, she was an attorney at the Law Office of Patrick J Hoeffner (2021 - April, 2024) Full Bio:
https://www.linkedin.com/in/elizabeth-hoeffner/details/experience/
https://www.linkedin.com/in/elizabeth-hoeffner/

James Lyons was promoted to Senior Managing Director, Structured Lending & Equipment Finance, Bank OZ, Little Rock, Arkansas. He joined Bank OZ August, 2021, Managing Director, Equipment Finance and Capital Solutions, promoted February, 2023, Managing Director, Fund Finance. Full Bio:
https://www.linkedin.com/in/james-lyons-78560010/details/experience/
https://www.linkedin.com/in/james-lyons-78560010/

Serena Scalzi was hired as Office Administrator, NewLane Finance, Philadelphia, Pennsylvania. Previously, she was Administrative Assistant, ABM Industries (March, 2022 - April, 2024).
https://www.linkedin.com/in/serena-scalzi-0682a8206/

    Retiring

Nancy Geary CPA, CLFP, Shareholder at ECS Financial Services, Inc., Partner for over 40 years, has informed Leasing News she is retiring. She was involved in lease accounting and tax, ;Lease training, lease Portfolio management, and accounting.  Certainly, she will be missed.
https://www.linkedin.com/in/nancygeary

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

Funders Looking
for Broker Business

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.

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

Please send company name, contact/email or telephone number as well as a URL to attach or description to kitmenkin@leasingnews.org

Alphabetical list - click on company name to view more detail

1st Enterprise Bank Leasing 360 Equipment Finance Allegheny Valley Bank Leasing Balboa Capital Corp. Bankers Capital Barrett Capital Corporation Baystone Government Finance/ KS StateBank Black Rock Capital Blue Bridge Financial Boston Financial & Equity Corp. BSB Leasing, Inc. Calfund, LLC Celtic Bank C.H. Brown Company Chesapeake Industrial Leasing Clicklease

Dakota Financial Dedicated Funding Dext Capital FirstLease, Inc. First Federal Leasing First Midwest Equipment Finance Co. Financial Pacific Leasing Forum Financial Services, Inc. Gonor Funding Global Financial & Leasing Services, LLC International Financial Services Corporation Madison Capital Maxim Commercial Capital

Mesa Leasing National Equipment Finance Navitas Lease Corp. NewLane Finance NexTier Leasing NFS Leasing, Inc North Mill Equipment Finance Northwest Leasing Company Padco Financial Services Pacific Mercantile Bank Pawnee Leasing Corporation RLC Funding SLIM Capital Standard Professional Services Targeted Funding Co TEAM Funding Solutions TimePayment

Full List:
https://leasingnews.org/Funders_Only/New_Broker.htm

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

Scott Wheeler, CLFP, Recognizes Transitional Period
Wheeler Business Consulting

Transitional periods within the commercial equipment finance and leasing industry create exceptional opportunities for individuals and organizations. Transitional periods force resources (people and capital) to be reallocated to accommodate developing opportunities and future trends. Both capital and talent always adjust to market conditions and voids are quickly filled to capture new opportunities.

Well-rounded professionals are busy capturing new opportunities that are producing high-quality assets. Assets generated during transitional periods usually perform extremely well compared to historical portfolios. Relationships established with vendors and end-users during a transitional period are usually longer lasting and more loyal than other relationships.

Organizations are critiquing their sales departments to determine whether they have the "right" talent to move their organizations forward. Effective hunters and diligent farmers, with the ability to cultivate new relationships, are leading the charge. Organizations and old processes are quickly falling behind. Sales teams that are aggressively focused and establishing new and meaningful key accounts are already reaping the rewards.

I am facilitating sales meetings and one-on-one coaching sessions to help teams and individual originators pivot from processors to aggressive hunters and farmers. I am helping sales teams to:

• Enthusiastically present their capabilities to both vendors and end-users
• Create programs with vendors and end-users that ensure benchmark production numbers along with credit enhancing elements that solidify relationships
• Attract stronger relationships with higher-quality assets by offering value propositions that go well beyond commodity products
• Focus on future opportunities rather than strictly past relationships
• Consider new channels of business which align with past experiences and future opportunities
• Take their current relationships to new levels
• Focus on quality assets first - sales teams and individuals are successful based upon the quality of assets they generate.

The opportunity to maximize production, profitability, and personal incomes with quality assets remain unlimited for those companies and originators who are effective hunters and diligent farmers.

Wheeler Business Consulting works with banks, independents, captives, origination companies, and investors in the equipment leasing and finance arena. We provide training, strategic planning, and acquisition services. Scott Wheeler is available to discuss your long-term strategy, to assist your staff to maximize outcomes, and to better position your organization in the market.

Scott A. Wheeler, CLFP
Wheeler Business Consulting
1314 Marquis Ct.
Fallston, Maryland 21047
Phone: 410 877 0428
Fax: 410 877 8161
Email: scott@wheelerbusinessconsulting.com
Web: www.wheelerbusinessconsulting.com

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

Leasing and Finance Industry Help Wanted

Top Ten Leasing News Read by Readers
April 29 – May 3

1. New Hires/Promotions in the Leasing Business
       and Related Industries
   https://leasingnews.org/archives/Apr2024/04_29.htm#hires
   
   
2. New Hires/Promotions in the Leasing Business
   and Related Industries https://leasingnews.org/archives/May2024/05_01.htm#hires
   
   
3. New Hires/Promotions in the Leasing Business
   and Related Industries
   https://leasingnews.org/archives/May2024/05_03.htm#hires
   
   
4. License and Registration
   A State-by-State Analysis of License Requirements for Lenders https://leasingnews.org/archives/May2024/05_03.htm#licensekers
   
   
5. Regrets
   By Ken Lubin, ZRG Partners, Managing Director
   https://leasingnews.org/archives/May2024/05_01.htm#regrets
   
   
6. Barry Reitman Zoom Salute
   You Are Invited to Join In
   Today, Wednesday, May 1, 4pm ED
   https://leasingnews.org/archives/May2024/05_01.htm#barryT on Zoom
   
   
7. SLIM Capital Reports Breaking 1st Quarter,
   Reveals the Outstanding Financial Numbers
   https://leasingnews.org/archives/May2024/05_01.htm#slim
   
   
8. Financing Cannabis Funding Sources
     Many Work with Third Party Originators
   https://leasingnews.org/archives/May2024/05_03.htm#fin
   
   
9. High Fed Rates Are Not Crushing Growth.
       Wealthier People Help Explain Why.
   https://www.nytimes.com/2024/04/30/business/economy/high-fed-rates-rich-people.html
   
   
10. CLFP Foundation Adds 18 New CLFPs
    With Photos
    https://leasingnews.org/archives/Apr2024/04_29.htm#clfp
    
    

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

The Carbon Footprints of Major Travel Methods
By Bruno Venditti and Sam Parker, Visualcapitalist

According to these estimates, taking a cruise ship, flying domestically, and driving alone are some of the most carbon-intensive travel methods.

Cruise ships typically use heavy fuel oil, which is high in carbon content. The average cruise ship weighs between 70,000 to 180,000 metric tons, meaning they require large engines to get moving.

These massive vessels must also generate power for onboard amenities such as lighting, air conditioning, and entertainment systems.

Short-haul flights are also considered carbon-intensive due to the significant amount of fuel consumed during initial takeoff and climbing altitude, relative to a lower amount of cruising.

Mixed Breed
Chicago, Illinois  Adopt-a-Dog

Rocco

Male
Five Years old
89,95 lbs.
Foster Home

Adults only, please! I prefer a mature crowd.
I’ll do best in a home with children aged 12 and up.
I’ll do best in a home with children aged 8 and up.
I’ll do best in a home with children aged 5 and up.
I love people! Chances are, I’ll love your kids too!
I can be home alone for six to eight hours. A dogwalker or daycare are great options!
I need a fenced-in yard where I can run and play in privacy.
I’ll do best in a building with a private entrance to my home.
I’m happy to live anywhere as long as you’re there.

Rocco wants nothing more than to be by your side — whatever you’re doing. “He can be a couch potato, or he can be your fetching buddy at any moment,” says his foster parent. Rocco is a large pup who adorably forgets his size sometimes, whether greeting you at the door or cuddling in your lap. This big ol’ bundle of joy prefers to be the only pet in the home. Give him a rubber toy or a treat and he’ll be in heaven. 

Chicago Paws
Pippen Fasseas Adoption Center
1997 N. Clybourn Ave
Chicago, IL 60614 - Map it
773-935-7297 (PAWS)
Monday - Friday: Noon–7 p.m.
Saturday - Sunday: 11.a.m.–5 p.m.
https://www.pawschicago.org/about-us

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

Nolan Bushnell Speaking at TechCon SoCal
May 24th, 2024 San Diego, Ca.
Innovation. Investments. Inspiration. Influence

News Briefs

Why It Pays to Start Companies in Recessions
    best workers are more available—and stay longer
https://www.wsj.com/business/entrepreneurship/recession-new-company-startups-41f27de7?st=kxc8kvwlsm29l9a&reflink=desktopwebshare_permalink

Reclassifying Marijuana Could Unlock
    in Tax Savings for Cannabis Companies
https://www.wsj.com/business/cannabis-companies-profits-taxes-3f8bbee0?mod=business_lead_pos1

Billionaire David Hoffmann’s firm buys
    Napa–Sonoma chauffeur company Pure Luxury
https://www.pressdemocrat.com/article/north-bay/david-hoffman-pure-luxury-transportation-napa-sonoma-acquisition/

China Is Buying Gold Like There’s No Tomorrow
    global price of gold has reached its highest levels
https://www.nytimes.com/2024/05/05/business/china-gold-price.html

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

Scoop: U.S. put a hold on an
    ammunition shipment to Israel
https://www.axios.com/2024/05/05/israel-us-ammunition-shipment-hold

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

Sports Briefs---

What the Kansas City stadium tax defeat says
     About their teams, subsidies and Jackson County voters
https://kcbeacon.org/stories/2024/04/03/jackson-county-royals-chiefs-stadium-tax-vote/

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

California News Briefs---

Ed Sheeran drops by In-N-Out after California show,
    helps out behind the counter
https://www.sfgate.com/food/article/ed-sheeran-in-n-out-los-angeles-california-19439369.php

The legendary steakhouse where SF Giants'
    Barry Bonds and 49ers' Joe Montana eat
https://www.sfgate.com/food/article/sf-harris-restaurant-turns-40-19410988.php

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

Gimme that Wine

 

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

New spring wines hint at extraordinary 2023
    vintage in California
https://www.pressdemocrat.com/article/lifestyle/2023-vintage-california-wine/  

PinotFest 2024 is Much More Than a Wine Tasting;
 Technical Conference, Bubble Lounge and
Sunday Open House Tickets Selling Fast
https://www.winebusiness.com/news/article/286859

Wineries push for Illinois bill allowing for
    more wine production, self-distribution
https://www.wcia.com/news/wineries-push-for-illinois-bill-allowing-for-more-wine-production-self-distribution/