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One Month Ago Today, August, 16, 2024
Chesswood Announces Issuance of Cease Trade Order

(Seeking Alpha, September 13, 2024)

TORONTO, Aug. 16, 2024 /CNW/ - Further to its announcement on August 14, 2024 that a failure to file cease trade order ("FFCTO") from the Ontario Securities Commission (the "OSC") was impending, Chesswood Group Limited (the "Company") announces that the OSC issued the FFCTO after market close on August 15, 2024.

The Company is continuing to work with its auditors to complete the work necessary in order to be in the position to finalize and file the required financial statements, MD&A and certifications to have the FFCTO lifted, and will provide updates as further information becomes available and as required.
https://finance.yahoo.com/news/chesswood-announces-issuance-cease-trade-212700997.html

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New Hires/Promotions in the Leasing Business
and Related Industries

Ann Brodette was announced as Senior Vice President and General Manager, Industrial, Mitsubishi HC Capital America, Inc., at their Itasca, Illinois office. She is located in Naperville, Illinois. She joined Mitsubishi HC Capital was Senior Vice President of Sales (April, 2023 - July, 2024); Managing Director of Transportation, ENGS Commercial Finance Co. (January, 2019 - April, 2023).
https://www.linkedin.com/in/ann-brodette/

Michael Cole was hired as Managing Director, Aviation Specialty Consulting Group, Chicago, Illinois. He is located in the Greater Chicago Area. Previously, he was Senior Vice President, Northwest Bank (February, 2023 - July, 2024); Senior Vice President, Wintrust Finance-Aviation Group (May, 2021 - October, 2022). Full Bio:
https://www.linkedin.com/in/michael-cole-05325a5/details/experience/
https://www.linkedin.com/in/michael-cole-05325a5/

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CLFP Foundation Adds 13 New CLFPs
With Photographs

The Certified Lease & Finance Professional (CLFP) Foundation is pleased to announce that 13 individuals who recently sat through the online proctored CLFP exam, have passed. They are:

Noah Beh, CLFP Associate – Manager of
Operations, Auxilior Capital Partners, Inc.

Brooks Bocko, CLFP – Senior Financial
Analyst, Dext Capital– Credit Analyst,
Wintrust Specialty Finance

Kaitlyn Guidry, CLFP – Funding Manager,
Financial Partners Group

Barry Hart, CLFP – Vice President
Industrial, Wintrust Specialty Finance

Robert Johnson, CLFP – Vice President,
Capital Markets, Summit Funding Group, Inc.

Kelly Lyon, CLFP – Senior Operations
Support Specialist, First American
Equipment Finance

Sasha Mata, CLFP – Account Manager,
360 Equipment Finance

Matt Meier, CLFP – Platform Integration
Specialist, Great American Insurance

Thanh Pham, CLFP – Vice President,
Relationship Support Manager,
Wintrust Specialty Finance

Jeremy Phillips, CLFP – Credit Officer,
Wintrust Commercial Finance

Anthony Ruggiere, CLFP – Assistant Vice
President - Credit, Wintrust
Commercial Finance

Mark Swearingen, CLFP – Credit Officer,
Wintrust Commercial Finance

Matt Meier attended the Great American Insurance Group ALFP in August and shares, “The CLFP is a very highly regarded designation; earning it requires breadth and depth of industry knowledge, but critically, it also requires an understanding of how to practically apply that knowledge in the real world.

“As I continue to grow professionally, I want to be recognized as a leader in my company and in our industry – earning the CLFP designation helps me to accomplish both of those goals. Although I am in a technology role on the insurance side, having knowledge of the finance business side enables me to bridge gaps effectively, helping to push our industry into the digital age.”

Barry Hart of Wintrust Specialty Finance, said, “I chose to pursue my CLFP designation after watching the proficiency of my fellow co-workers in their positions,” says. “While having deep experience within the commercial finance industry, many changes in regulations and the overall market left a need for additional education.”

The CLFP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the commercial equipment finance industry. There are Certified Lease & Finance Professionals and Associates located throughout the United States (including Puerto Rico), Canada, India, Pakistan, Africa, and Australia.

For more information, visit http://www.CLFPFoundation.org

Academy for Certified Lease & Finance Professionals
Two Scheduled October– November

The Certified Lease & Finance Professional (CLFP) Foundation is pleased to present the Academy for Lease & Finance Professionals (ALFP). The ALFP is a three-day event designed to fully prepare an individual to sit for and pass the CLFP exam.

DLL Online Private, ALFP
October 15 - 16

First Commonwealth EF Online, ALFP
November 6 -7

CLFP Handbook
https://leasingnews.org/photos/clfp_3versions82024.jpeg

For more information on the academy
https://clfpfoundation.org/academy-for-lease-and-finance-professionals

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Top Ten Most Read by Readers
September 9 to September 13

(1) M2 Equipment Finance Calls Out: "We Quit"
Doors to Close
https://leasingnews.org/archives/Sep2024/09_13.htm#m2

(2) For Noncompete’s Sake!
By Ken Greene, Leasing News Emeritus
https://leasingnews.org/archives/Sep2024/09_09.htm#for

(3) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Sep2024/09_09.htm#hires

(4) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Sep2024/09_13.htm#hires

(5) New Hires/Promotions in the Leasing Business
and Related Industries
https://leasingnews.org/archives/Sep2024/09_11.htm#hires

(6) AACFB Expo Recap: "Great Educational Sessions
and Plenty of Opportunities to Network"
By Vicki Shimkus, CLFP, Balboa Capital
Broker Relationship Manager
https://leasingnews.org/archives/Sep2024/09_11.htm#aacfb

(7) Conference Attendance
By Scott Wheeler, CLFP
https://leasingnews.org/archives/Sep2024/09_11.htm#conf

(8) Build Your Contact List
By Ken Lubin, Managing Director, ZRG Partners
https://leasingnews.org/archives/Sep2024/09_09.htm#build

(9) Common Mistakes to Avoid in Your Career
By Ken Lubin, Managing Partner, ZRG Partners
https://leasingnews.org/archives/Sep2024/09_11.htm#common

(10) Updated - Conference & Forums
Commercial Finance/Leasing Finance
Make New Friends!
https://leasingnews.org/archives/Sep2024/09_09.htm#conf

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Leasing and Finance Industry Help Wanted
Excellent Compensation/Marketing Support
Plus other openings for successful, growing funders

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Signs of an Imminent Layoff
Career Crossroads by Emily Fitzpatrick/RII

Question: If a layoff is imminent with my current employer, are there signs I should be looking for?

Answer: A lay-off is different from being let go (“fired”) for under performance. If you are performing well and there are rumblings of a merger / acquisition or downsizing, you must be prepared. Number One Rule – “Avoid putting your head in the sand.” For example, (1) when a company merges, the elimination of duplicate employees is a TOP priority (2) If you hear the word “restructuring,” that is a pretty good indication that there will be layoffs. (3) additionally, an infusion of “new blood’ is typically accompanied by a decision to purge the “old blood!”

Believe me, heads have rolled and not solely because of the recent recession – it is ultra-competitive out there.

It is my experience in today’s environment that continued employment no longer depends on loyalty – any employee can be laid off at any time! Your ability to keep yourself employed will depend upon your ability to see “the writing on the wall,” your ability to accept facts about today’s work environment and an openness / willingness to consider other career opportunities / employers, and your ability to deliver results under changing market conditions.

Accept the fact that you will not work for one employer for the bulk of your career – this is no longer viable. Look at the Leasing News Weekly “New Hires--Promotions” and note how many changes a person goes through during their career, many a result of mergers or acquisitions.

Again, continued employment no longer depends on company loyalty. Be prepared and ask yourself where would a layoff leave you?

Make sure you are continuously assessing the health of your employer so you will have the chance to make informed decisions about the kinds of changes you must make. Sometimes looking for another career opportunity (or being open to exploring) before the ax falls is the BEST course of action. Contact a recruiter who can assist you in your potential career move.

Best advice: keep your eyes and ears open, remember to be loyal to yourself and your family first and foremost!

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

Updated - Conference & Forums
Commercial Finance/Leasing Finance

Previous B2B Broker Fair

Anticipated Attendance to B2B Finance Expo Surges

“Registrations for the inaugural B2B Finance Expo taking place Sept 23-24 at Wynn, Las Vegas have already exceeded attendance to deBanked CONNECT MIAMI 2024 and may well surpass Broker Fair 2024’s turnout in New York City.

Due to this overwhelming interest the opportunity to buy tickets may end soon. Make sure your ticket is secured here.

“Interest in the event, which will encompass commercial finance folks from across across SBA, CRE, MCA, Equipment Financing, term loans, LOCs, factoring, investment banking, and more, is quickly propelling B2B Finance Expo to be the largest commercial finance event of the year. Brokers, lenders, funders, vendors, tech, data, legal, leads, and more are among those registered to attend. The featured guest speaker is Steve McLaughlin, CEO of FT Partners.

“Brokers will benefit from the wide array of relationship partners available at the show. The event has the backing of the Small Business Finance Association (SBFA) and deBanked:”

Sept. 23 - 24: B2B Finance Expo, Wynn, Las Vegas, NV
https://www.b2bfinexpo.com/
It also features Poker Game for 50, Sunday, Sept. 22, 2024
https://www.b2bfinexpo.com/page/3932469/poker-party
Accepting Reservations:
https://book.passkey.com/gt/220111918?gtid=3de05f54910c4c17c858cd28e9e1b9cf

Oct. 16-18: NVLA Conference, Clearwater Beach, Fl.
https://www.nvla.org/page/2024conference
Keynote Speaker Michelle "Mace" Curran, Combat Veteran, Former USAF Fighter Pilot
https://leasingnews.org/archives/Jul2024/07_12.htm#nvla
Women in Leasing Picking Up Steam
https://leasingnews.org/archives/Sep2024/09_06.htm#women
Sloan Schickler, Esq., Schickler & Schickler, will be covering the conference for Leasing News. She is also presenting there.

Oct. 27-29: 63rd ELFA Annual Convention, Austin, TX Just added! Check out the Industry Breakout Sessions on Monday and Tuesday
https://www.elfaonline.org/education-networking/2024/annual-convention/schedule
Full Education Session Lineup
https://leasingnews.org/archives/Sep2024/09_09.htm#elfa
Now Over 800 Registered:
List of 800 Registered to Date 09/06/24
Bruce Kropschot, Senior Managing Director, The Alta Group, will be covering the ELFA Convention, as he has done for Leasing News for many years.

Nov. 6, 2024, Brokers Expo, New York City
Join Us at Brokers Expo NYC
- You Don't Want to Miss This
https://myemail-api.constantcontact.com/Join-Us-at-Brokers-Expo-NYC---You-Don-t-Want-to-Miss-This.html?soid=1133130637774&aid=wV4AHtx4SMI

Nov. 11-14: NEFA Fall Conference, Indiana
Special Registration for members and those who will come one by November 11th, Plus Speakers. And programs
https://myemail-api.constantcontact.com/Join-Us-at-Brokers-Expo-NYC---You-Don-t-Want-to-Miss-This.html?soid=1133130637774&aid=wV4AHtx4SMI
Register as Member or Non-Member
https://myemail-api.constantcontact.com/Join-Us-at-Brokers-Expo-NYC---You-Don-t-Want-to-Miss-This.html?soid=1133130637774&aid=wV4AHtx4SMIpolis, Indiana
Don Cosenza, CLFP, Senior Vice President of North Mill Equipment Finance, will be covering the conference for Leasing News

To be listed or update: kitmenkin@leasingnews.org

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German Shepherd Dog
Minneapolis, Minnesota

Trent
A375774
Male
Tan
1 Year old
56 lbs.
Neutered

Brought to shelter 9/5/24
Made Available 9/12/24
Location Kennell KL11

Location: Minneapolis Animal Care & Control
Website: www.ci.minneapolis.mn.us/resident-services/animals-pets/
Phone Number: (612) 673-6222
Address: 212 17th Avenue
Minneapolis, MN 55411

We do not require an appointment to adopt an animal.

View available pets online, then visit us at the shelter during the hours listed at the bottom of the page. Complete an application when you come to the shelter. The kennel areas are currently not open to the public.

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