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Contact: kitmenkin@leasingnews.org



Friday, October 4, 2024


Today's Leasing News Headlines

Funders Looking for Broker Business
  Any changes or updates, Please email:
    kitmenkin@leasingnews.org
New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing and Finance Industry Help Wanted
    Many Openings, Many Remote, excellent Opportunities
Get Ahead in Your Career, One Step at a Time
    By Ken Lubin, Managing Director, ZRG Partners
Free COVID Test Available
  Federal Trade Commission
    How to Spot the Scams
Ansley Park Capital Surpasses $200 Million
    in Funding in First Quarter of Operation
North Mill Equipment Finance Sets
    New Quarterly Origination Record
James Earl Jones (1931-2024) some of this
  powerful actor’s finest performances
    Reviews by Fernando Croce

News Briefs
U.S. Port Workers Agree to End Their Strike
    offer to a 62% wage increase to reopen ports
Taxpayers in 24 states will be able to file
    their returns directly with the IRS in 2025
The iPhone 16 isn’t selling as well
    as Apple may have hoped
Senators urge Justice Department to hold Boeing
    executives accountable for safety violations
Biden student loan forgiveness may proceed
    after small win in lawsuit
How a ‘well-known secret’ in Massachusetts cannabis
    testing is obscuring what’s in your weed
The Whiskey Industry Is Bracing for a Trade War
    Trump Wins. It’s Not Alone

You May Have Missed ---
Mark Cuban reveals $125k purchase he made after
   drunk phone call when he sold his first company

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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Funders Looking for Broker Business
Any changes or updates, Please email:
kitmenkin@leasingnews.org

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 details

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 Co., Inc.
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, LLC

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



Leasing Associations: All non-profit leasing associations are abbreviated. To see the full name and learn more about the association, please click here.

BBB - Better Business Report | CBB - Leasing News Complaint Bulletin Board
| CNI - Current News Information

A -Accepts Broker Business | B -Requires Broker be Licensed C -Sub-Broker Program
| D -"Private label Program" | E - Also "in house" salesmen

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

 

[headlines]
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New Hires/Promotions in the Leasing Business
and Related Industries


Cody Hastings was promoted to Project Manager III, LEAF Commercial Capital, Philadelphia, Pennsylvania.  He is located in Greater Philadelphia. He joined LEAF July, 2021, Senior Financial Analyst, promoted Project Manager II (February, 2024 - September, 2024).
https://www.linkedin.com/in/cody-hastings-4b773816a/


Matt Mosley, CLFP, was hired as Program Manager II, Balboa Capital, Costa Mesa. He is located in the Greater Atlanta Area. Previously, he was Broker Relationship Manager, North Mill Equipment Finance, LLC (July, 2020 - October, 2024); VP, Broker Relationship Manager, Centra Funding (October, 2017 - July, 2020); Relationship Officer, Metro Business Banking, SunTrust (November, 2016 - October, 2017). Full Bio:
https://www.linkedin.com/in/matt-mosley-clfp-bb804019/recent-activity/all/
https://www.linkedin.com/in/matt-mosley-clfp-bb804019/


Jim Noel was hired as Vice President of Strategic Partnerships, BriteCap Financial, Las Vegas, NV.
He is located in Swedesboro, New Jersey. Previously, he was Vice President, Vendor Capital (August, 2022 - July, 2024); National Sales Director, Marlin Capital Solutions (February, 2019 - August, 2022); Vice President of Sales, Navitas Lease Corp. (August, 2013 - April, 2015). He joined Marlin Capital
as Account Executive (August, 2000), promoted August, 2007, Director of Project Management & Syndication, promoted January, 2005, Director of Sales, promoted Assistant Vice President (March, 2013 - July, 2013); Senior Account Executive, Advanta Leasing ( April, 1998 - July, 2000).
https://www.linkedin.com/in/jim-noel-1975594


Ken Weinberg, Esq., well-known commercial finance law attorney, was made a Partner in CM Law, Birmingham, Alabama. He is perhaps best known as the 2023 Edward A. Groobert Award for Legal Excellence (awarded by the Equipment Leasing and Finance Association). He previously was a Partner in Rimon Law (February 2020 - October, 2024). Full Bio:
https://www.linkedin.com/in/kweinbergfinance/details/experience/
https://www.linkedin.com/in/kweinbergfinance/

[headlines]
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Leasing and Finance Industry Help Wanted
Many Openings, Many Remote, excellent Opportunities


[headlines]
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Get Ahead in Your Career, One Step at a Time
By Ken Lubin, Managing Director, ZRG Partners

Career success is a journey, not a destination. It's a path filled with opportunities, challenges, and growth. While achieving your career goals may seem like a daunting task, the key to success lies in taking one step at a time. There are a few practical strategies and tips to help you advance in your career incrementally, ensuring that you stay motivated and on the right track.

This is one step at a time, and hopefully you read what I have learned from those who have been  successful in their career:

Set Clear Goals: The first step in advancing your career is setting clear, achievable goals. These goals should be specific, measurable, and time-bound (SMART). Whether you're aiming for a promotion, a higher salary, or a change in job roles, having well-defined objectives will give you a sense of direction and purpose.

Continuous Learning: The world is constantly evolving, and so are industries and job requirements. To stay relevant and get ahead, commit to lifelong learning. This can include taking courses, attending workshops, reading industry-related books and articles, and seeking mentorship. Embrace new technologies and trends to expand your skill set.

Network Effectively: Building a strong professional network is crucial for career advancement. Attend industry events, join online forums and social media groups, and connect with colleagues and mentors. Networking can provide valuable insights, opportunities, and support when you need it most.

Embrace Challenges: Don't shy away from challenges; instead, view them as opportunities for growth. Taking on new responsibilities, projects, or tasks outside your comfort zone can help you acquire new skills and showcase your abilities to your superiors. Be open to feedback and learn from your mistakes.

Work on Soft Skills: Technical skills are essential, but soft skills are equally important. Develop your communication, leadership, teamwork, and problem-solving abilities. These skills are highly valued by employers and can set you apart from your peers.

Seek Feedback: Regularly seek feedback from supervisors, colleagues, and mentors. Constructive criticism can help you identify areas for improvement and guide your career development. Don't be afraid to ask for feedback; it's a sign of your commitment to growth.

Take Initiative: Take initiative at work by identifying problems and proposing solutions. Show your dedication and enthusiasm for your role by going the extra mile. Being proactive and demonstrating leadership qualities can lead to recognition and advancement.

Maintain Work-Life Balance: While it's important to be ambitious in your career, don't forget to maintain a healthy work-life balance. Burnout can hinder your progress, so prioritize self-care, time with loved ones, and activities that rejuvenate you.

Stay Updated on Industry Trends: Stay informed about the latest industry trends, news, and developments. Subscribe to relevant publications, follow influential thought leaders on social media, and participate in discussions. Being well-informed positions you as an industry expert.

Celebrate Achievements: Lastly, don't forget to celebrate your achievements, no matter how small. Recognize your progress and acknowledge your hard work. Celebrating milestones can boost your motivation and keep you on the path to career success.

Advancing in your career doesn't happen overnight; it's a journey that requires dedication, continuous learning, and strategic planning. By setting clear goals, developing essential skills, networking, and embracing challenges, you can take incremental steps toward achieving your career aspirations. Remember that success is a result of consistent effort and perseverance. So, take it one step at a time, and you'll be well on your way to a fulfilling and successful career.

Ken Lubin
Managing Director
ZRG Partners, LLC
Americas I EMEA I Asia Pacific
C: 508-733-4789
klubin@zrgpartners.com
https://www.linkedin.com/in/klubin


[headlines]
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### Press Release #########################

Ansley Park Capital Surpasses $200 Million
in Funding in First Quarter of Operation

Major Milestone Demonstrates Company’s Focus on Expanding Reach to Customers Across Diverse Industries

WHITE PLAINS, New York – Ansley Park Capital, a premier lending and specialty finance platform, announced  a major milestone in its first full quarter of operation. The company successfully funded $200 million across a wide range of industries, bringing its total originations to more than $250 million since its inception.

The announcement comes as Ansley Park Capital continues to expand its reach across a diverse pool of customers, showcasing its commitment to growth and custom-tailored solutions that its customers need.


Eric Miller, President & Chief Executive Officer of Ansley Park Capital, said, “Despite a challenging period of economic volatility marked by international friction, fluctuating interest rates, and a pending presidential election, the team persevered. Not only did our originations team drive significant market opportunity, but we also proved that we could operate at scale.

“None of this would have been possible without the support of our industry partners, supportive capital owner, and, most importantly, our dedicated employees.”


Mark Trollinger, Executive Vice President & Chief Investment Officer of Ansley Park Capital, said, “What impresses me most is the high quality of the assets and credit we have brought onto our books, as well as the incredible diversity we are seeing in our customer base. These achievements underscore our team's commitment to building a sustainable and resilient portfolio.”

Ansley Park Capital is poised for continued growth and success in an increasingly dynamic and competitive market. By leveraging deep industry expertise and fostering strong relationships with clients and partners, the company’s team is uniquely positioned to drive long-term value for its stakeholders.

“I’m incredibly proud of my team. I truly believe I have the best team in the business, because we all care deeply about our customers and each other,” concluded CEO Miller.

About Ansley Park Capital
Ansley Park Capital is a premier lending and specialty finance platform focused on delivering flexible and customized financing solutions for essential-use, large-ticket equipment and machinery across a multitude of asset types and industries. At Ansley Park Capital, we tap into the responsiveness, flexibility, and creativity of a highly experienced team with unmatched access across the equipment financing industry to serve a broad community of borrowers to meet their individual needs with full product capabilities. Our approach to working with our clients is simple: we strive to understand our customers, take the time to underwrite their business, and provide tailored financing solutions for the unique circumstances they need to grow their businesses today and well into the future.

https://ansleyparkcapital.com

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

[headlines]
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The federal government is once again offering free COVID test kits. When it opens in September, you can order up to four kits per household at COVIDTests.gov. All for free.

Shipping is free, too. Just give a name and shipping address. Sharing your email is optional if you’d like to get confirmation and delivery updates from the U.S. Postal Service. Anyone who asks for more information than that is a scammer. You don’t need to give financial information or pay anything to get these free tests, and nobody can promise you special access or extra tests. If they do, they’re scammers.

To avoid scammers impersonating the federal government:

  • Don't click links in unexpected emails or text messages, no matter how real they look. Start at COVIDTests.gov to order your free test kits. When you click to order, you'll go to special.usps.com/testkits. The test kits and shipping are free.
  • Don't give out your credit card, bank account, or Social Security number. No one will call, text, or email you from the federal government to ask for your information to "help" you order free test kits.
  • If you spot a scam, tell the FTC at ReportFraud.ftc.gov.

One thing to know: the expiration date for many kits has changed. Before you throw away a kit because the expiration date on the package has passed, go to the FDA’s website to see if that kit’s expiration date has been extended.

[headlines]
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#### Press Release ########################

North Mill Equipment Finance Sets
New Quarterly Origination Record

 

NORWALK, CT – North Mill Equipment Finance LLC (“NMEF”), a leading independent commercial equipment lessor headquartered in Norwalk, Connecticut, announced today that the company reported a new quarterly record in funded volume for the third quarter of 2024.


David C. Lee, Chairman and CEO, North Mill, said, “Our continued progress in diversifying our asset categories in partnership with our referral partners coupled with our strong capital base has allowed us to thrive during these difficult economic times for the transportation sector.”

According to Lee, “NMEF continues to rebalance its book of business away from freight transportation related collateral, both local and long-haul, which was less than 13% of our third quarter volume. Medical, franchise, and construction collectively now represent more than half of our funding volume.”


Mark Bonanno, President and COO, NMEF, commented, “With the closing of our $404 million eighth ABS securitization in August and the continued support of our bank warehouse lending partners, NMEF is poised to continue funding originations at ever increasing volume levels.”

About North Mill Equipment Finance
NMEF originates and services small to mid-ticket equipment leases and loans, ranging from $15,000 to $2,500,000 in value. A broker-centric private lender, the company accepts A – C credit qualities and finances transactions for many asset categories including construction, transportation, vocational, medical, manufacturing, technology, franchise, renovation, janitorial and material handling equipment. NMEF is majority owned by an affiliate of InterVest Capital Partners. The company’s headquarters are in Norwalk, CT, with regional offices in Irvine, CA, Murray, UT and Voorhees NJ. For more information, visit www.nmef.com.

One of NMEF’s controlled affiliates, BriteCap Financial LLC, is a leading non-bank lender providing small businesses with fast, convenient financing alternatives such as working capital loans since 2003 from its main office in Las Vegas, NV. For more information, visit www.britecap.com.

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

[headlines]
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Watch at Home
by Fernando Croce, Leasing News Movie Reviewer

Though many younger audiences may know him best for his sonorous voicework in blockbusters like “Star Wars” and “The Lion King,” James Earl Jones (1931-2024) enjoyed an illustrious career on film and stage. So check out our list for some of this powerful actor’s finest performances.

The Great White Hope (1970): Jones earned a Best Actor Oscar nomination for his compelling performance in this screen adaptation of Howard Sackler’s Pulitzer-winning play, directed by Martin Ritt (“Sounder”). Jones plays Jack Jefferson, a Black boxer in the 1910s whose winning streak has the press looking for a white opponent that will defeat him, i.e., the Great White Hope. His greatest fight takes place not in the ring but within himself, as he confronts prejudice from the sports world as well as his own community when he courts a white woman, Eleanor Bachman (Jane Alexander). Their love grows poisoned by these toxic sentiments, leading to tragedy. Offering a fierce portrait of an intelligent man raging against oppressive limits, Jones uses his voice as commandingly as his body.

Claudine (1974): Jones showcases his gentle, dashing charm opposite a vibrant, Oscar-nominated Diahann Carroll in this fresh comedy-drama, set in Harlem. Carroll portrays the eponymous heroine, a single mother of six making ends meet by working as a maid in upper-scale suburbs. It’s there that she meets a charming garbage collector named Roop Marshall (Jones), and a romance quickly blooms. Despite their chemistry together, a fear of responsibility gradually forces them apart, threatening the fragility of domestic happiness. While maintaining a bright, cheery tone, the movie, directed by socially conscious veteran John Berry (“He Ran All the Way”), scarcely sugarcoats the hardships a single Black mother must face on a daily basis. Combining perseverance with humor and grit, it deserves to be rediscovered by modern viewers

Matewan (1987): Alternating studio productions with indie projects, Jones teamed up with acclaimed director John Sayles (“Lone Star”) for this inspiring, fact-based drama, which chronicles the lives of coal miners in 1920 in the titular West Virginia town. As the workers scramble to form their own union to secure their rights, company bosses hire scabs to keep them under control. Black and Italian miners are brought in to break through the strike, among them “Few Clothes” Johnson (Jones), who’s ordered to murder labor organizer Joe Kenehan (Chris Cooper). After hearing Kenehan’s stories, however, Johnson decides instead to help him by pulling the workers together in the struggle for rights. With a cast that also includes Mary McDonnell and David Strathairn, this is a robust, evocative account of hope during conflict.

Coming to America (1988): Before “The Lion King,” Jones portrayed an African monarch in this enjoyable blockbuster, which gave him a chance to play comedy as majestically as he could play drama. Eddie Murphy stars as Akeem, the pampered crown prince of the fictious country of Zamunda. About to enter an arranged marriage, he instead heads to New York City with his royal sidekick (Arsenio Hall), where he hides his identity while searching for a woman who will be his queen for love rather than riches. He falls for a beautiful woman named Lisa (Shari Headley), but their blossoming romance is jeopardized by a surprise visit from Akeem’s strict father, King Jaffe (Jones). Reuniting Murphy with “Trading Places” director John Landis, this is an irreverent update of an oft-told tale.

A Family Thing (1996): Jones gave one of his finest later performances in this poignant, underrated comedy-drama, sharing the screen with a fellow lion of American cinema, Robert Duvall. Duvall plays Earl Pitcher Jr., an Arkansas man who’s shaken to learn that his late mother was a Black woman. Hoping to learn about his family roots, he travels to Chicago and meets his half-brother, Roy Murdock (Jones). When Roy refuses to get to know Earl, it’s up to their blind, outspoken aunt (Irma P. Hall, in a scene-stealing performance) to act as mediator and help them overcome their differences. Directed by Richard Pearce (“Heartland”) from a screenplay co-written by Billy Bob Thornton, this is a warm, earnest sleeper that overcomes its own predictability thanks to the heartfelt rapport of the veteran actors.

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

[headlines]
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News Briefs

U.S. Port Workers Agree to End Their Strike
    offer to a 62% wage increase to reopen ports
https://www.wsj.com/articles/spirit-airlines-in-talks-with-bondholders-over-terms-of-potential-bankruptcy-filing-fdd23fae?st=JPjoE7&reflink=desktopwebshare_permalink

Taxpayers in 24 states will be able to file
    their returns directly with the IRS in 2025
https://apnews.com/article/irs-tax-season-treasury-yellen-3c5e3ade465fcd4441f84e1c4edfcc6b

The iPhone 16 isn’t selling as well
    as Apple may have hoped
https://www.cnn.com/2024/09/30/tech/iphone-16-presales-apple-intelligence/index.html

Senators urge Justice Department to hold Boeing
    executives accountable for safety violations
https://www.bostonglobe.com/2024/10/03/business/senators-justice-department-boeing-executives-safety-violations/

Biden student loan forgiveness may proceed
    after small win in lawsuit
https://www.bostonglobe.com/2024/10/03/business/biden-student-loan-forgiveness-program-win-lawsuit/

How a ‘well-known secret’ in Massachusetts cannabis
    testing is obscuring what’s in your weed
https://www.bostonglobe.com/2024/09/27/business/cannabis-lab-shopping-testing-dispensary-weed-moldy/

The Whiskey Industry Is Bracing for a Trade War
    Trump Wins. It’s Not Alone.
https://www.nytimes.com/2024/10/03/us/politics/trump-tariffs-trade-wars.html

[headlines]
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Mark Cuban reveals $125k purchase he made after
    drunk phone call when he sold his first company
https://www.the-independent.com/news/world/americas/mark-cuban-american-airlines-lifetime-pass-b2623354.html


[headlines]
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Sports Briefs---

49ers look for back-to-back wins when
   they host the Cardinals
https://www.pressdemocrat.com/article/sports/49ers-look-for-back-to-back-wins-when-they-host-the-cardinals/

Kurtenbach: The solution to the 49ers’ defense’s
biggest problem came from the unlikeliest source
https://www.eastbaytimes.com/2024/10/03/kurtenbach-the-solution-to-the-49ers-defenses-biggest-problem-came-from-the-unlikeliest-source/

Tom Brady to make Bay Area return for  49ers-Cardinals
game on Fox
https://www.sfgate.com/49ers/article/tom-brady-call-49ers-cardinals-fox-19807468.php

[headlines]
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California News Briefs---

A big change is coming to all California
grocery stores
https://www.sfgate.com/food/article/california-first-state-ban-confusing-labels-19811268.php

Alameda County DA Pamela Price recall group
     awash in $700,000 debt
https://www.eastbaytimes.com/2024/10/03/group-backing-effort-to-recall-alameda-da-pamela-price-awash-in-700000-of-debt-filings-show/

Local Hotel Named ‘Best in the World’
    by Condé Nast Traveler
https://www.sonomamag.com/local-hotel-named-best-in-the-world-by-conde-nast-traveler/?utm_id=a2l0bWVua2luQGxlYXNpbmduZXdzLm9yZw==

[headlines]
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Gimme that Wine

 

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

Lebanon Winemakers Pray for Peace
   Once again caught up in a war not of their making.
https://www.wine-searcher.com/m/2024/10/lebanon-winemakers-pray-for-peace

Everyone’s favorite sparkling red wine is
getting the California treatment
ttps://www.sfchronicle.com/food/wine/article/lambrusco-hammerling-obsidian-california-19769224.php

French dynasty behind Taittinger champagne
over alcohol-free bubbly
https://www.independent.co.uk/news/world/europe/taittinger-champagne-alcohol-free-moet-french-bloom-b2623146.html

9 Crimes Wines and Universal Monsters Bring Back
  -Edition Halloween Wines, Revealing a New
Fan-Favorite Character
https://www.winebusiness.com/news/article/293315

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

This Day in History

https://leasingnews.org/archives/Oct2023/10_02.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]

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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
TV Reviews by Kit Menkin
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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