  
    Wednesday, September 18, 2024
       
 
	 Today's Leasing News Headlines 
       
     New  Hires/Promotions in the Leasing Business 
           and Related Industries 
       BriteCap  Financial LLC  Announces 
           Richard Henderson as New CEO 
       Leasing  and Finance Industry Help Wanted 
         25 Positions with Attractive Income &  Benefits 
           Many Work Remote 
       For Originators at All Levels 
           By Scott Wheeler, CLFP 
       Survey  Finds Top Truck Stop Amenities  
           Ensuring Safety for Female Truck Drivers 
       NVLA Conference October  16 - 18 
   Soaring to New Heights 
           By Tarry Shebesta,  NVLA President 
       ELFA  Announces Donna Yanuzzi Will Receive 
           2024 Distinguished Service Award 
        
       News Briefs 
       Budgets for base  salaries expected to soar 
    again in 2025 for a third Year in a Row 
Alaska Airlines’  Acquisition of Hawaiian Airlines  
           Cleared by Regulator 
       Elon Musk is on track  to soon become the  
           world’s first trillionaire 
       US  administration  formally extends review  
           of U.S. Steel deal, pushing decision past  election 
       Delaware bankruptcy  court says Yellow  
           owes $6.5 Billion withdraw liability, 
          stock drops 90% 
        
       You May Have Missed --- 
       Fancy a rum and Coke  in a can? Coca-Cola  
    signs new deal with Bacardi 
        
       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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  New  Hires/Promotions in the Leasing Business 
and Related  Industries 
     
   
    Dallas Bardwell was hired as Vice  President of Sales, Dext  Capital, Oswego, Oregon.  He is located  in the Portland, Oregon Metropolitan Area. Previously, he was Senior Sales  Executive, JB&B Capital (August, 2023 - September, 2024); Senior Sales  Manager, Tandem Finance (November, 2020 - August, 2023). 
  https://www.linkedin.com/in/dallas-bardwell-79100411a/ 
    
    Bruce Moffat was elected  Vice-President, Northlend Equipment Finance, Ontario, Canada. He is located in  the Greater Toronto Area, Canada. Previously, he was Vice President, Sales,  Canada, ECN Capital (March, 2010 - January, 2018); Account Executive, Travelers  Financial (September, 2009 -March, 2010); Business Development Manager, Alter  Moneta Corporation (May, 2008 - August, 2009). Full Bio: 
    https://www.linkedin.com/in/bruce-moffat/details/experience/  
    https://www.linkedin.com/in/bruce-moffat/ 
    
    Michael White was promoted to  Global Program Manager, Energy  Transition, DLL, Wayne, Pennsylvania. He has been  with DLL for 16 years, eight months, starting February,  2008 as Risk Analyst.  Full Bio:  
    https://www.linkedin.com/in/mikewhitedll/details/experience/  
    https://www.linkedin.com/in/mikewhitedll/
   
 
    [headlines] 
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BriteCap  Financial LLC  Announces 
  Richard Henderson as new CEO 
  
BriteCap  Financial LLC , a leading non-bank lender providing small businesses with fast,  convenient financing alternatives such as working capital loans, announces the  appointment of Richard Henderson as the company’s new CEO.   
   
    
  Outgoing CEO Sri Kaza said, “I’m proud to  see Rick take the helm at a time when BriteCap is poised to bring financial  solutions to the market at scale.  
"His  experience and relationships across the industry will open the door for many  more small businesses.” 
BriteCap  became a member of the growing family of companies under the North Mill  Equipment Finance (NMEF) umbrella in 2023.  
  
  David C. Lee,  Chairman and CEO, NMEF, said, “Rick Henerson's two plus decades of success  in equipment finance and working capital lending dovetail well with our  strategy to offer comprehensive capital solutions for small and medium sized  businesses. 
“In  particular, we look forward to developing unique solutions and programs for our  key referral partners in partnership with BriteCap.”  
New Britecap CEO Richard  Henderson said, "I’m excited to join BriteCap and lead such a respected,  values-driven company.   
“BriteCap  has built an exceptional, tech-enabled funding platform that blends the speed  and convenience of self-service with the expertise of a supportive team, making  it easier and faster for small and medium-sized businesses to access the  capital they need to grow.  
"I  look forward to collaborating with the BriteCap team and our strategic referral  partners to build on this legacy, developing innovative solutions that empower  America's business owners and the finance brokers who support them." 
BriteCap  operates from offices in North Hollywood, CA and Las Vegas, NV.  
About BriteCap  Financial 
  BriteCap  Financial is a leading provider of working capital for America’s small business  owners. Since 2003, BriteCap combines technology, non-traditional credit  algorithms to provide fast, convenient and affordable working capital direct to  businesses or through their broker network. For more information about becoming  a partner, visit www.britecap.com 
 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, printing, 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,  and Voorhees NJ.   
  https://nmef.com 
   
   
            
          
   
	
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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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        For  Originators at All Levels 
        By  Scott Wheeler, CLFP 
          
        I  coach originators in the commercial equipment finance and leasing industry on a  daily basis. Their experience ranges from being new to the business to  originators that have decades of experience. A veteran originator recently  asked what my primary suggestions were to new originators. I explained that it  was often the same as the suggestions I had given him during our one-on one  sessions: 
        1) Focus on learning  through conversations with your vendors and end-users. Your clients will let  you know what they need and want. Vendors and end-users know what trends are  developing and are always willing to share their knowledge if an originator is  willing to listen. 
        2) There are always new  opportunities in the market, and it is the originator's responsibility to  always be prospecting and letting the world know that he exists. If an  originator wants more business, he must reach out to more potential clients. 
        3) Focus on  transactions and relationships that can be won, approved, and funded. Success  is all about efficiency. Successful originators know their place in the market  and focus on what works and will deliver the greatest results. 
        4) Top originators  understand all aspects of the process (sales, credit, documentation, funding,  and portfolio management). Take every opportunity to gain a holistic  understanding of the process. You are selling a process. An originator can best  sell what he fully understands. 
        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  
   
        Wheeler Business Consulting is working with individual originators and sales  teams throughout the industry to ensure that they are well positioned in the  market, capturing their fair share of business, and outperforming the  competition. To schedule a one-on-one meeting contact Scott Wheeler at: scott@wheelerbusinessconsulting.com 
          
         
        
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         Survey Finds Top Truck  Stop Amenities 
          Ensuring Safety for Female  Truck Drivers 
        By Tyson Fisher,  OOIDA- Land Line         
        As  the trucking industry continues to address the concerns of female truck  drivers, Trucker Path has identified how truck stops are responding to the  needs of women in trucking. 
        In  collaboration with Women In Motion, Trucker Path spoke to female truck drivers  to find out which amenities they look for to ensure safety at a truck stop. The  trucking app then looked into how many truck stops offer those amenities. 
        According  to the Trucker Path survey, when it comes to truck stop safety for female truck  drivers, it’s all about lighting. The top seven truck stop amenities to ensure  safety include: 
        
          - Lighted parking
 
          - Lighted bathroom  access
 
          - Lighted lounge area
 
          - Lighted shower  facilities with 24/7 access
 
          - Lighted laundry  facilities with 24/7 access
 
          - 24/7 security present  onsite
 
          - 24/7 maintenance  available        
 
         
        Trucker  Path identified 320 truck stops within its network that have at least one of  those amenities. Of those, nearly all (95.6%) have lighted parking. More than  half have lighted bathroom access. Only a few have 24/7 maintenance or lighted  laundry facilities.   
          
        Source: Trucker Path 
        Trucker  Path’s survey highlights some of the challenges female truck drivers face as  carriers continue their efforts to hire and retain those drivers. 
        “While  the visibility of women in trucking advertisements has increased and the  percentage of women drivers has been rising slowly over the past few decades, significant  challenges persist that deter women from considering or continuing a career in  trucking,” ATRI states in the study. 
        Source: OOIDA Trucking News - Land Line 
        
 
  
  
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        October  16 - 18 Soaring to New Height 
          Clearwater  Beach, Florida 
By Tarry Shebesta,  NVLA President 
          
          
          
        As  president of the National Vehicle Leasing Association (NVLA), I’m personally  inviting you to the most impactful leasing event of 2024. Here’s why this is  the one event you simply cannot afford to miss: 
         
          
        We’re  honored to have Michelle “MACE” Curran—the former Thunderbird pilot and elite  military leader—as our keynote speaker. Michelle has led one of the world’s  most high-performing teams under the most extreme conditions. Her story of  resilience, laser-focused leadership, and overcoming adversity will challenge  you to rethink your approach to business. If you’re looking to elevate your  performance, Michelle’s session is an absolute must. 
          
          We’re  also thrilled to welcome back the car industry’s most entertaining Master of Ceremonies, Charlie Vogelheim.  With his extensive automotive knowledge and engaging style, Charlie will guide  us through the event in a way that’s both insightful and fun. 
           
          But  that’s just the beginning—this event is different. It’s not just another  industry gathering; it’s where connections thrive, innovation leads, and  everyone is part of a dynamic, engaged community. You won’t be lost in  overwhelming crowds or impersonal sessions. This is a highly interactive  experience designed for meaningful networking with both familiar faces and new  colleagues. 
           
          One  of the major highlights is the Great EV Debate, where you’ll get an unfiltered  look at the pros and cons of electric vehicles from industry insiders. This  session is going to be fiery and eye-opening, giving you direct insights from  both sides of the EV conversation. Whether you're an advocate for EVs or  skeptical about their future, you'll hear compelling arguments on how EVs  will—or won’t—reshape the leasing and automotive landscape. This is your chance  to get the facts straight from the experts. 
           
        In  addition to that, you’ll hear from top industry professionals on cutting-edge  topics like artificial intelligence (AI) and its impact on leasing.  
          
          Plus,  don’t miss a special moment—this will be Chief  Economist Tom Kontos’s final presentation before he retires at the end of  the year. Tom has been a trusted voice in the industry for decades, and this  will be your last chance to hear his invaluable insights on the economy and its  effect on the leasing business.  
           
        And  yes, we know it’s not all work—we’ve curated plenty of fun to keep things  balanced. Whether you’re hitting the golf course, relaxing at the poolside  social, or enjoying a breezy afternoon at the beach, there’s something for  everyone. For those with a taste for the finer things, we’re even offering  premium Cuban cigars for a laid-back evening with colleagues. 
        Other  session speakers include: Sloan Schickler, Jimmy Douglas, Elena Ciccotelli,  John Possumato, Esq., Bruce Newmark, Melinda Zabritski, Eric Lyman, Abdullah  Baig 
           
        This  isn’t just an event—it’s a business-changing opportunity that will reshape how  you approach leasing. 
        Register  here: https://lnkd.in/g5e3v7yz         
        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 
  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.       
       
	[headlines] 
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      ###  Press Release ######################### 
      ELFA  Announces Donna Yanuzzi Will Receive 
        2024 Distinguished  Service Award 
         
      Washington,  DC,  —The Equipment Leasing and Finance  Association (ELFA) is set to honor an outstanding industry leader at its Annual  Convention this October. 
      The Equipment  Leasing and Finance Association (ELFA) ELFA is set to honor an outstanding  industry leader at its Annual Convention this October. Donna Yanuzzi, Executive  Vice President and Head of Equipment Finance at 1st Equipment Finance, has been  named the recipient of the 2024 Michael  J. Fleming Distinguished Service Award.  
      Yanuzzi’s two  decades of leadership, advocacy and mentorship have advanced both the  association and the equipment finance industry. Her remarkable contributions  will be celebrated at the Convention’s General Session on Monday, Oct. 28, in  Austin, Texas.  
        
        ELFA President and  CEO Leigh Lytle said. “Donna’s dedication and leadership in so many areas have made a big  impact, and we’re excited to recognize her as a driving force committed to  moving the equipment finance industry forward.  
      “On  a personal note, when I joined ELFA last year, Donna’s warm welcome and  generous sharing of her expertise, as she has done with so many others, was  instrumental in helping me quickly feel part of the industry.” 
        
        Donna  Yanuzzi said, “This recognition I share with many, as it reflects the  collaborative spirit of the ELFA/ELFF team and the dedication of our  members—each a committed professional devoted to advancing our industry. The  support of this team makes it possible for us to give back to an industry that  has enriched us both personally and professionally. 
      "There is still much to achieve, and I look forward to continuing this important  work with the ELFA/ELFF team as we strive to make a meaningful impact  together." 
      A  dedicated member of ELFA for over 20 years, Yanuzzi has been instrumental in  advancing the association’s mission. She has served on several key committees,  including the Bank Business Council Steering Committee, and has been an active  member of the ELFA Women’s Council, helping to plan the Women’s Leadership  Forum and serving as a mentor in the Council's mentoring program. 
      Yanuzzi  is also a strong advocate for the industry’s policy initiatives, regularly  participating in Capitol Connections, ELFA’s annual advocacy event in  Washington, D.C., that educates and engages members of Congress. She also has  served on the LeasePAC Committee.   LeasePAC is the association’s nonpartisan federal political action  committee and, as the only political action committee dedicated to the  equipment finance industry, plays a critical role in ELFA’s advocacy efforts. 
      Beyond  her work with ELFA, Yanuzzi has made significant contributions to the Equipment  Leasing & Finance Foundation. She has held leadership roles on the Board of  Trustees, Executive Committee, Research Committee and National Development  Committee. As Chair of the Foundation’s Academic Outreach Committee, she has  played a pivotal role in developing the academic scholarship program and  raising awareness of equipment finance among students through the Campus to  Career program. 
      Yanuzzi  earned her bachelor’s degree in communications from Bloomsburg University. She  joined 1st Equipment Finance in 2021, after 25 years serving in various roles  up to Managing Director of Sales & Marketing at F.N.B. Equipment Finance.  At F.N.B., she collaboratively built and supported a sales team with a  portfolio size just under $1 billion and earned national recognition, including  F.N.B.’s ranking among the Top 50 finance/leasing companies by the Monitor. 
      About ELFA 
        The  Equipment Leasing and Finance Association (ELFA) represents financial services  companies and manufacturers in the $1 trillion U.S. equipment finance sector.  ELFA’s 575 member companies provide essential financing that helps businesses  acquire the equipment they need to operate and grow. Learn how equipment  finance contributes to businesses’ success, U.S. economic growth, manufacturing  and jobs at https://www.elfaonline.org 
      ####  Press Release ######################## 
  
	 
	[headlines] 
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        News Briefs 
         
        
        Budgets for base  salaries expected to soar 
          again in 2025 for a third Year in a Row 
  https://www.cfo.com/news/budgets-for-base-salaries-expected-to-soar-again-in-2025-conference-board/727152/         
        Alaska Airlines’  Acquisition of Hawaiian Airlines  
          Cleared by Regulator 
  https://www.nytimes.com/2024/09/17/business/alaska-airlines-hawaiian-acquisition.html         
        Elon Musk is on track  to soon become the  
          world’s first trillionaire 
  https://finance.yahoo.com/news/elon-musk-track-soon-become-090020505.html 
        Biden administration  formally extends review  
          of U.S. Steel deal, pushing decision past  election 
  https://www.washingtonpost.com/business/2024/09/17/biden-extends-us-steel-review/         
        Delaware bankruptcy  court says Yellow  
              owes $6.5 Billion withdraw liability, 
          stock drops 90% 
  https://www.freightwaves.com/news/delaware-court-says-yellow-owes-pensions-stock-drops-90?oly_enc_id=7354E3969723H7B/   
         
         
[headlines] 
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        Fancy a rum and Coke  in a can? Coca-Cola  
    signs new deal with Bacardi 
https://www.ajc.com/news/business/coca-cola-to-launch-new-canned-rum-and-coke-cocktail-with-bacardi/T3MASKQ4DNHXXNNEAXL4SVFOAY/         
         
       
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          Sports Briefs--- 
         
        49ers beat writer,  columnist poached from  
             the Athletic by SF startup 
          https://www.sfgate.com/sports/article/tim-kawakami-leaves-the-athletic-for-standard-19761642.php 
        The Pac-12 is back,  kind of 
            "On the verge of full  resurrection." 
        https://www.sfgate.com/collegesports/article/pac-12-is-back-kind-of-boise-fresno-colorado-sdsu-19760875.php 
        The 49ers' Christian  McCaffrey problem 
             just got so much worse 
          https://www.sfgate.com/49ers/article/49ers-christian-mccaffrey-problem-gotten-worse-19763753.php 
        49ers fall to Vikings  in Minnesota again, lose 23-17 
              as Brock Purdy gets pummeled in the pocket 
          https://www.sfchronicle.com/sports/49ers/article/49ers-trail-vikings-brock-purdy-hits-george-19766351.ph 
        Seahawks  23, Patriots 20: New England fails  
          to score in overtime, falls to 1-1 
  https://www.bostonglobe.com/2024/09/15/sports/new-england-patriots-live-game-score-seahawks/         
        Saints stun Cowboys,  snap NFL's longest active 
          regular-season home win streak 
  https://www.usatoday.com/story/sports/nfl/2024/09/15/dallas-cowboys-new-orleans-saints-score/75238785007// 
         Kansas  city Chiefs Beat Cincinnati Bengals 
          https://www.cincinnati.com/story/sports/nfl/bengals/2024/09/15/bengals-chiefs-game-score-live-updates-highlights-tv-channel/75236534007/         
        Oakland drops  back-to-back games  
        to lose White Sox series 
        https://www.eastbaytimes.com/2024/09/15/white-sox-win-back-to-back-games-for-first-time-in-nearly-3-months-beat-athletics-4-3 
          
        [headlines] 
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          California News  Briefs---         
        California does victory lap around Texas 
               after Fortune 500 announcement 
        https://www.sfgate.com/bayarea/article/california-most-fortune-500-companies-texas-19771691.php         
        Newsom signs bills to protect artists  
             from AI replicas in California 
        https://www.courthousenews.com/newsom-signs-bills-to-protect-artists-from-ai-replicas/ 
        More landowners reach settlement in 
             Solano County planned community lawsuit 
          https://www.courthousenews.com/more-landowners-reach-settlement-in-solano-county-planned-community-lawsuit/ 
         
        Pickleball’s ‘bombardment of noise’: Rule-breakers 
           and fence climbers at  Saratoga courts lead  
             to $100,000 soundproofing  and lock costs  
              after neighbor complaints 
        https://www.mercurynews.com/2024/09/16/pickleballs-bombardment-of-noise-rule-breakers-and-fence-climbers-at-saratoga-courts-lead-to-100000-soundproofing-and-lock-costs-after-neighbor-complaints/?itm_source=parsely-api 
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         Gimme that Wine 
           
        http://www.youtube.com/watch?v=EJnQoi8DSE8 
         Short  Video's Available Now - Vote 
          Wine Specter 18th  Annual Video Contest 
  vote now for Winner 
https://www.winespectator.com/videovoting  
     
California Cabernet  Sauvignons  
   to sip right now 
https://www.pressdemocrat.com/lifestyle/wine/?ref=nav         
        This local winemaker  is making a splash in 
          the wine world with budget-friendly Cabernet 
  https://www.pressdemocrat.com/article/lifestyle/napa-valley-cabernet-sauvignon-grounded-wine-co/ 
        New method may help  wines tainted  
          by wildfire smoke 
  https://www.decanter.com.master.public.keystone-prod-eks-euw1.futureplc.engineering/wine-news/new-method-may-help-wines-tainted-by-wildfire-smoke-538510/         
        In Memoriam:  Sparkling Wine Master 
          Barry Jackson, Well-Known in the Industry 
  https://www.decanter.com.master.public.keystone-prod-eks-euw1.futureplc.engineering/wine-news/new-method-may-help-wines-tainted-by-wildfire-smoke-538510/         
        Amid a weakened wine  market, Alameda County grape  
          growers nearly double the acreage of a  classic varietal 
  https://www.siliconvalley.com/2024/09/16/amid-a-weakened-wine-market-alameda-county-grape-growers-nearly-double-the-acreage-of-a-classic-varietal/ 
        Wine Enthusiast  Nominates Maya Hood Whiteof Early 
          Mountain Vineyards for 2024 Winemaker of  the Year 
  https://www.winebusiness.com/news/article/292516 
 
      [headlines] 
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      This Day in History 
      https://leasingnews.org/archives/Sept2023/09_18.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/ 
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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 
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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]  |