The Monitor 100 rankings published last month revealed what we predicted in our 2024 Insights report: banks have significantly pulled back their role in equipment finance as a result of the fallout of the bank failures of spring 2023. But as Alta’s Rick Remiker notes, the equipment finance business line holds important long-term value for banks and is worth defending.
From the global energy transition to the advent of artificial intelligence, today’s equipment finance leaders must chart a path forward amid a rapidly changing world. The Alta Group’s global team of highly experienced advisors stays at the forefront of the issues that will drive this industry’s future.
Business Assessment Practice Brings on a Seasoned Leader Gary LoMonaco, a director who has worked with The Alta Group since 2021, now leads the consultancy’s Business Assessment Practice, which can help clients with pre-acquisition due diligence, ongoing operational assessments, lender due diligence and other efforts. LoMonaco brings considerable experience in credit, due diligence and business operations … Read more
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