The ripple effects of the 2023 bank failures continue, with a tight lending market that prompted many banks to focus on preserving capital and pull back from equipment finance, according to Rick Remiker, a vice chairman with The Alta Group.
SCOTTSDALE, Ariz., May 1, 2024—Rafael Castillo-Triana, CEO of The Alta Group’s Latin American Region, will shed light on the market-entry opportunity presented by climate finance at the Equipment Leasing and Finance Association’s (ELFA) 2024 Legal Forum taking place May 5-7 in Scottsdale, Ariz. Castillo-Triana, along with Alta Director Patricia Voorhees and Ian Robertson, executive director … Read more
Macroeconomic headwinds hindered mergers-and-acquisitions activity in the equipment finance industry last year, according to Jim Jackson, Co-CEO of The Alta Group and leader of its M&A Advisory Practice. In a recent article in the Monitor, he provides an overview of 2023 and what to expect this year. Despite some notable transactions, there was a continued … Read more
There is rising interest in Equipment-as-a-Service, but some in the equipment finance and leasing industry remain unsure about it, according to Diane Croessmann, a director at The Alta Group. In a recent article in the March/April 2024 edition of the National Equipment Finance Association’s Newsline magazine, she takes a closer look at how Equipment-as-a-Service can … Read more
Climate finance presents an unprecedented market opportunity for the equipment finance industry, as the global energy transition drives a tremendous movement of capital, significant changes in policy and the deployment of new technologies to address climate change. The combination of massive amounts of capital, rapidly changing global policies and new and untested technologies means that … Read more
For the 11th year in a row, construction equipment dominated the field of 15 equipment categories ranked in the Equipment Leasing & Finance Association’s “What’s Hot/What’s Not” Equipment Market Forecast for 2024. This year’s survey also found that equipment finance companies have become less optimistic about all types of equipment, due to rising interest rates, … Read more
Equipment finance companies entered 2023 with a mix of confidence and trepidation. Many companies were bullish at the end of 2022, with some reporting record business growth as end-user customers accelerated their equipment purchases before inflation increased the underlying cost of the equipment. But with inflation remaining stubbornly high and predictions of a looming recession … Read more
The equipment finance and leasing industry is not immune from fraudsters, but some simple precautions can go a long way toward detection and prevention of traps or attacks that threaten leasing transactions in the modern marketplace. That’s according to Paul Bent and Gary LoMonaco of The Alta Group, who get real about a hot topic … Read more
The concept of the circular economy is gaining ground among global businesses, as both governments and enterprises start making what is expected to be trillions of dollars of capital investment in the transition to a clean-energy economy. The equipment leasing and finance industry was following circular economy practices long before this term became part of … Read more
One of the lessons learned during the pandemic was that the U.S. had fallen into excessive reliance on supply chains based in East Asia, particularly China. This realization drew attention to the need to relocate the sources of production and supply-chain components closer to home. Thus, nearshoring emerged as a trend that continues to boost … Read more
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