Through this recession, most of the leasing companies that were bad for our business are now gone. So those of us who have weathered it will be able to get back to a more normal business level faster, and we are the companies that provide best value to our partners and lenders. I’m confident it’s time to position ourselves to take advantage of the somewhat gradual but fairly steady recovery.
When she was 98 years old, my grandmother used to delight in telling me the secret to looking younger was to hang around with older people but that the secret to actually staying young was to hang around with —and act like— younger people. Whether she intended it or not she was reinforcing to me the core message of all success advice handed down through the ages including for equipment leasing and financing brokers.
The originators in our industry were faced with double jeopardy during the depths of the recession. Both the demand for capital equipment and the supply of capital was greatly diminished. As an intermediary or direct originator of commercial equipment transactions, the equation was constantly going negative – less applications, less approvals, less funding opportunities. However, the trends have improved and most originators have adjusted and are well into a personal recovery mode with steady, yet inconsistent improvements throughout 2010. The . . . read more
Our economy has been battered over the past 12 to 24 months. Most, if not all, industries including the finance/leasing industry have faced tremendous disruption and negatively shifting demand and supply curves. However, there are many positive signs on the horizon for the leasing/financing industry, even as uncertainty remains in the overall economy. Many originators and lessors have started to experience significant improvements over the lowest points of the business cycle. These positive trends are good news for everyone and . . . read more
Our economy has been battered over the past twelve to twenty-four months. Most, if not all, industries including the finance/leasing industry have faced tremendous disruption and negatively shifting demand and supply curves. However, there are many positive signs on the horizon for the leasing/financing industry, even as uncertainty remains in the overall economy. Many originators and lessors have started to experience significant improvements over the lowest points of the business cycle. These positive trends are good news for everyone and . . . read more
A D V E R T I S E M E N T 30TH ANNUAL WORLD LEASING CONVENTION St. Petersburg, Russia May 29 - 30, 2012 Chairperson: Sudhir Amembal |
The Year Ahead
Emerging Leaders
Point / CounterPoint
Lease Accounting Update
