![]() |
|
Subscribe
| Search | All Lists | Site Map |
|
Monay, April 7, 2025
Today's Leasing News Headlines New Hires/Promotions in the Leasing Business ######## 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] New Hires/Promotions in the Leasing Business
[headlines] Proposed Law Would Increase California legislators are at it again. The committee votes and momentum seems to be growing since February 13, 2025 when State Senator Tim Grayson introduced SB 362. If passed, the law would impose additional disclosure requirements and penalties on providers of commercial financing in California. California already has the strictest and most comprehensive commercial disclosure laws and regulations in the country. As reported in prior Leasing News editions, lenders must now comply with the relatively cogent Commercial Finance Disclosure Law, but also 49 pages of regulations governing the interpretation of that law, not to mention the related 202-page Statement of Reasons! 1. The bill would prohibit a provider (a defined term which typically means the funder) unless the provider “participates in a specified review process”. 2. It would also prohibit a provider from using the term “interest” or “rate” except as specified , and would require the use of the term “annual percentage rate” or “APR” in specified circumstances”. 3. The bill would expand the scope of the criminal aspect of the existing commercial finance disclosure law penalties so that a violation relating to a commercial financing transaction that is not subject to the California Financing Law is deemed a violation of the California Consumer Financial Protection Law! Yes, you read that correctly. I am quite frankly at a loss to explain the justification for assessing a consumer transaction-based penalty on the parties to a commercial transaction, but, to this, all I can say is, welcome to California. Now go home! I will keep an eye on this interesting piece of legislation as it wends its way through the hallowed chambers and we will update readers on its path trajectory. SB 362: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202520260SB362
[headlines] Balboa Capital Available Position [headlines] The Purpose of Working with a Recruiter
Think as a recruiter, also often called a headhunter, as an ally in the field. Recruiters are typically paid by companies to help them fill positions and as such, many are loyal to the companies they service. Our thinking at RII is that the recruiter should be just as loyal to the Candidates. A recruiter should understand your career objectives and goals – making sure (though there are never any guarantees) that your next employer is one that you will be with for years to come. In response to your question, Recruiters can assist you in many ways including: presenting opportunities that you might otherwise not know about; staying abreast of market trends and keeping “ears” open for opportunities that would fit your needs and background; walking you through the interview process; working with you and the company in salary negotiations : and most importantly, making sure there is a good long-term fit for both parties. Emily Fitzpatrick Invite me to connect on LinkedIn [headlines] Top Ten Most Read by Readers (1) Unconfirmed, But from Reliable Source (2) New Hires/Promotions in the Leasing Business (3) NMEF Acquires Pawnee, Marking A Significant (4) Roglieri Trial Delayed (5) CLFP Foundation Adds 17 New CLFPs (6) Dext Capital Surpassed $1 Billion (7) Academy for Certified Lease & Finance (8) The States that Drink the Most (9) Targeted Lending Expands Senior Credit Facility (10) Shoppers may need to buy these items [headlines]
Commercial Finance/Leasing Finance April 15-17: ELFA 36th Annual National Funding Conference, Chicago, Illinois May 19: Broker Fair, New York City The Best is Yet to Come September 10-12: AACFB Commercial Financing Expo, Austin, TX October 14-16: National Equipment Finance Association Fall Conference, Renaissance Hotel, Minneapolis, Minnesota October 26-28: ELFA 64th Annual Convention, Marco Island, Florida To be listed or update: kitmenkin@leasingnews.org
[headlines] The Best Selling Cars in Source: VisualCapitalist [headlines] Sudhir Amembal Announces Eighth
The one-day live, interactive seminar enables attendees to use the right terminology, know the accounting and tax impact of leases on the customer, grasp the substantial benefits of capital and FMV leases, learn how to best understand varied customer motivations to lease, arrive at deal-clinching responses to commonly countered objections, and comprehend why only a few equipment finance companies outperform their competitors Past attendees have ranged from newcomers to seasoned professionals. The seminar is a must for everyone from sales and marketing as its ultimate objective is to win incremental transactions. Back-office personnel gain a birds-eye view of leasing. Amembal states: "I am humbled that this seminar is now the most well-attended training seminar in our industry. My greatest joy is being able to play a role, albeit a small one, in contributing to the enhancement of learning in our industry. Amembal created the first-ever commercial seminar in the U.S. in the early 1980's and since then he has shepherded the training of over 80,000 equipment leasing professionals worldwide. He has authored or co-authored 18 industry publications and is the recipient of numerous industry accolades. He was inducted into ELFA's Hall of Fame, nominated twice by The Monitor for the MVP Behind the Scenes award, honored by The Monitor in 2024 as an Industry Icon, and was awarded the first-ever honorary CLFP credentials by the CLFP Foundation. For details regarding the seminar, inquiries should be addressed to Kelly Farnham at kelly@amembalandhalladay.com. [headlines] News Briefs After a Blowout Week, Wall Street Decision Makers Georgia farmers, schools and food banks IRS will cut 25% of its employees, [headlines] How Many Bankruptcies has Donald Trump Had? [headlines]
The A's opener in Sacramento was an absolute disaster [headlines]
The most expensive house in America just [headlines] Gimme that Wine
http://www.youtube.com/watch?v=EJnQoi8DSE8 Résonance Winery Introduces Willamette Valley For Wine, Tariffs Mean Fear, Uncertainty and Higher Prices Far Niente Steps Up to the Plate as Proud Partner Places of Sustainability [headlines] This Day in History https://leasingnews.org/archives/Apr2010/4_07.htm#day ------------------------------------------------------------- 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? -------------------------------------------------------------- Daily Puzzle How to play: Refresh for current date: -------------------------------------------------------------- http://www.gasbuddy.com/ -------------------------------------------------------------- Weather See USA map, click to specific area, no commercials -------------------------------------------------------------- Traffic Live--- Real Time Traffic Information You can save up to 20 different routes and check them out with one click, -------------------------------- Wordle https://www.powerlanguage.co.uk/wordle/ |
|
Alerts and Flags |
Ten Top Stories each week opened the most by readers “Complaints” Bulletin Board (click here) Top Stories (chronological order) - ELFA Convention Recap
|
![]() |