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Kit
Menkin’s Leasing News www.leasingnews.org Wednesday, February
13.2002 ______________________________________________________ Airlines
Face Three More Tough Times
Quilling Calls It “Quits,” Joins Heritage Pacific Leasing
Baruch Forms New Muni Leasing Company
With McGuinn
Lease Conferences
James White Joins TCF Leasing Domino's
Pizza buying 82 franchised stores in Phoenix market
Bank of the West Selects CapitalStream to Provide Process Automation
Leasing Group Inc. Forms Mexican Subsidiary To satisfy International
Demand
MicroFinancial Gets New Chairman of the Board---Dr. Peter R. von Bleyleben
AMRESCO Leasing Corp. Acquired by NCS I, LLC
Karmart Selects Compaq to Enhance Dealership Efficiency eCredit Subsidiary Secures Funding/ Strategic Reseller Japan Thomas W. Bunn, Bank of America Veteran Now at KeyCorp GATX Elects Robert Lyons to Vice President, Investor Relations
Leasing News List to be up-dated ####
Denotes Press Release ______________________________________________________________ GE/Heller
Chicago Office Alleged “Sick Out” Still
no confirmation or denial. Only this unsigned e-mail: Tim Reese
is the greatest person that GE ever let go. Ge should have learned
people skills ( PS.
Leasing News has many GE and Heller and related e-mail addresses,
but not a peep. editor ) ----------------------------------------------------------------------------------------
Airlines
Face Three More Years of Tough Times,
Reports AirlineMonitorWeekly.com
Airlines
face up to three more years of tough times before recovery, predicts
the president Henry
Hubschman, president of GE Capital Aviation Services, said the industry
was already
AirlineMonitorWeekly
talked with some of the largest lessors in this Special Report: GECAS
Says Down Market Will Last Up to Three Years GATX Divorces Flightlease
and Other
Stories in this week's AirlineMonitorWeekly.com: Lombard
Aviation Capital: Pick and Mix Off-Balance Sheet Debt at the Airlines
Second AirlineMonitorWeekly.com
is published every Tuesday and provides news, analysis, interviews The
Airline Monitor magazine is a leading industry source for forecasting
airline and commercial
Airline Capital
Associates is a consulting and financial advisory firm specializing
in the
( courtesy
of ELAonline.com ) _______________________________________________________________ Quilling
Calls It “Quits,” Joins Heritage Pacific Leasing Thomas
“Tom” Quilling , 18 years with Decision Systems, a leading
leasing software provider, “
I just got tired of traveling all around the United States and Canada,”
Tom said. “ My life Tom’s
office is at 5353 Gamble Drive, Suite 150 Minneapolis, MN 55416; His
telephone number Decision
Systems ( http://www.decisionsystems.com/training.htm) on September
26, in “good shape”: and he left primarily because he was tired of traveling. ------------------------------------------------------------------------------------------------------------ Baruch
Forms New Muni Leasing Company Baruch
and Company has been formed to provide tax-exempt financing to municipalities
and . Baruch
is joined by Chris Jones and other former employees of Sutro in providing
equipment, The
company specializes in providing tax-exempt financing to municipal
entities acquiring “Our
staff has completed over $1 billion of transactions nationally. We
work directly with issuers, http://www.baruchandcompany.com/home.htm 165 S. Union Blvd.----------------------------------------------------------------------------------- With
McGuinn
By
Associated Press NAME:
Martin G. McGuinn AGE:
59 OCCUPATION:
Chairman and chief executive officer of Mellon Financial Corp. LOCATION:
Pittsburgh. EDUCATION:
Bachelor's degree and law degree from Villanova University. CAREER
EXPERIENCE: After graduation, McGuinn spent three years in the U.S.
Marine FAMILY:
Wife Ann and two sons, Patrick, 30, and Chris, 17. He says new granddaughter,
Bailey, QUOTE:
''Mellon has changed and is still changing.'' ---------------------------------------------------------------------------------------------------------- April 11 - 14, 2002 National Association of Equipment Leasing Brokers 2002 Annual Convention Caribe Royale Resort, Suites Hotel and Villas Orlando, FL Here is the site: http://www.cariberoyale.com/ http://www.cariberoyale.com/meeting.html http://www.cariberoyale.com/contactus.html or reservations on line http://www.ebookingz.com/reservations.htm ( I prefer to speak to people, as I have had difficulties with these automated processes, not working them, but they don't answer a lot of questions. ) Those that didn't hear Mike Meacher on "Meet the News Maker.." he discussed the conference: Bozo : Is the annual convention in Orlando this year going to be worth my time and money? [ Michael_Meacher ANSWERS ] We're real excited about the convention this year. Because of all the changes in the industry, we're already finding interest to be higher than ever among the brokers and the funders. We expect to have a lot of new attendees in both categories. >> INTERVIEW [ SUBMITTED QUESTION ] Convention 2 [ Michael_Meacher ANSWERS ] Of course, our location isn't hurting it at all! We've got the best value in all of the Orlando area! The Caribe Royal Suites & Villas is, perhaps the nicest site we've ever had. In true NAELB fashion, though, it's a bargain!! >> INTERVIEW [ SUBMITTED QUESTION ] Convention 3 [ Michael_Meacher ANSWERS ] All accommodations are full suites for less than the price of most regular rooms in other convention facilities. Breakfast is included, too! A lot of attendees will find it even more attractive to take a villa. They're beautiful. You can see it all at: http://www.cariberoyale.com/ The above is from the transcript ( I think "Bozo" was Bob Bell's log in--- if you want to read the Leasing News version where Mike talks about NAELB for over an hour, here is the news story: http://www.leasingnews.org/Conscious-Top%20Stories/MikeMeacher.htm May
2–4, 2002 United Association of Equipment Leasing 2002
Spring Education Conference Brent
Hall has put this together, and he has thought of the right times
for workshops and fun !!!! Bring your wife or girl friend, and cash
as you can’t win, unless you play! Bet
On America! Ceasars
Palace Online
registration coming soon. Check back for details. Download
the Spring Conference Flyer (requires Acrobat Reader) Please
contact Ceasars Palace directly to make hotel reservations at For more
information on the 2002 UAEL/EAEL Spring Conference, please contact
Joanie at the http://www.uael.org/events/spring/UAELSpringCon.pdf ( You can believe this will be one fun time, and educational too, especially if Brent Hall is involved. editor ) ______________________________________________________________________ James
White Joins TCF Leasing, Inc.
TCF Leasing, Inc., Minnetonka, Minnesota, announces that James White has joined ( courtesy of ELAonline.com ) Domino's
Pizza buying 82 franchised stores in Phoenix market
ANN
ARBOR, Mich. (AP) Domino's Pizza LLC announced Tuesday that it will
The
purchase from franchisee Sierra-Sonora Enterprises Inc. will bring
the number Sierra-Sonora
is owned by Rick Flory, who opened his first Domino's outlet in 1980.
Founded
in 1960, Ann Arbor-based Domino's operates 7,112 company-owned and
-franchised On
the Net: Domino's
Pizza LLC, http://www.dominos.com ________________________________________________________________________ #### ###################################### ######################### Bank
of the West Selects CapitalStream to Provide Process Automation CapitalStreams
technology solution will automate and standardize transaction management Seattle,
WA - CapitalStream (www.CapitalStream.com), a Seattle-based
provider of patent Frank
Bonetto, Bank of the Wests Senior EVP for Regional Banking, says the
CapitalStream CapitalStreams
technology will enable real-time responses and consistent processes,
resulting As
Bank of the West grows, new branches can be added into the system,
which is easily scaled yet CapitalStreams
FinanceCenter automates the commercial finance process across multiple
business Our
position as a leader in providing the most efficient commercial finance
automation technology Bank
of the West in December announced the acquisition of United California
Bank, which has About
Bank of the West Founded
in 1874, Bank of the West, with $13.4 billion in assets and 193 branches
at the end of 2001, About
CapitalStream Seattle-based
CapitalStream automates and streamlines commercial finance processes
for banks, #### ################################## ###################\\ Leasing Group Inc. Forms Mexican Subsidiary To satisfy International Demand (
http://www.leasinggroup.com AUSTIN, Texas--Leasing Group Inc. ("LGI"), the industry's leading provider of innovative vendor-based financial solutions and outsourced transaction management services announced today that it has established a subsidiary, LGI de Mexico, S. de R.L. de C.V., to provide financing solutions to equipment vendors doing business in Mexico. Today's announcement represents an international expansion of LGI's multi-tiered, multiple funding source business model. This model, coupled with LGI's advanced Web-based technologies and proven business process outsourcing capabilities, provides equipment vendors with a competitive advantage in the Mexican marketplace. Companies can now offer their consumer and business customers a host of world-class financial solutions from a variety of international and local financial institutions. LGI's model also benefits the funding source community by offering higher volumes, lower origination costs and enhanced account management services. "The Mexican marketplace represents a natural opportunity for U.S. companies to extend their business beyond our borders," said Clark Covert, LGI's Chairman and CEO. "However, the logistical requirements, systems connectivity and managerial issues associated with offering multiple financial products in an international environment hamper a company's expansion into Mexico. Today's announcement, along with the funding source relationships we have already established in Mexico, addresses many of these issues, allowing companies to offer specific financing solutions to meet the needs of the Mexican marketplace in a cost-efficient and effective manner." Commenting on the challenges many U.S. companies face when expanding into Mexico, Bud Welborn, LGI's Vice President of Latin America Operations, offered insight into the value LGI's business model provides. "Mexico follows unique business practices in relation to other countries. To be successful, companies must be able to do business seamlessly in both Spanish and in English. We've built our bilingual processing systems to complete financial transactions in either US dollars or Mexican pesos. This dual currency capability, combined with the electronic efficiencies of our bilingual Web-based platform generates faster turnaround on funding decisions, higher close rates, and increased satisfaction from customers who are looking to finance their equipment purchases." In conjunction with the formation of its new subsidiary, LGI has established an office in Mexico City to support local equipment vendors. Luis Guillermo Soto will be located in Mexico City and is available for programs throughout the entire country. Having served as the Latin America Director of 3COM Capital de Mexico and Mexico Regional Director of ARI Fleet Services, Mr. Soto has extensive experience in providing financial solutions to companies operating in Mexico. About LGI Leasing Group Inc. (LGI), www.leasinggroup.com is the industry's leading provider of innovative vendor-based financing solutions and outsourced transaction management services. Serving both the equipment vendor and the funding source community, LGI provides a faster, more efficient way for equipment vendors to offer world-class financial solutions to their clients. Through a variety of national account programs and Internet based solutions, LGI provides the funding source community with aggregated volumes, lower origination costs, and lower marketing and account management costs. Based in Austin, Texas and founded in 1988, LGI has a fourteen-year history of vendor-driven industry leadership. The firm pioneered many of today's common industry practices including authorized transactions via faxed signatures, electronic transfer of funds using EDI standards, non-recourse, small ticket leasing programs; and leases that do not require the use of delivery and acceptance documents. Currently backed by Conning Capital Partners and Stephens Inc., LGI has funded over $1 Billion in financial transactions since its inception and its innovative and technological leadership continues today with the expansion of its Web Financial Portal(tm). For more information about LGI, visit www.leasinggroup.com or call 800/608-5201. CONTACT: Leasing Group Inc., Austin Bud Welborn, 512/344-1231 bud-welborn@leasinggroup.com #### ########################################## Classified Up-Date Due to the hacker attack, we are bringing this today in the daily news. These are job postings by individuals. No requirement, except maximum 25 words.
21 in Help Wanted ( requirement: must be a member of a professional leasing association ) http://65.209.205.32/LeasingNews/JobPostingsWanted.htm 9 in Outsourcing ( only requirement is maximum 25 words ) http://65.209.205.32/LeasingNews/JobPostingsOutsourcing.htm 2 attorneys ( requirement: must be a member of a professional leasing association ) http://65.209.205.32/LeasingNews/JobPostingsAttorney.htm 3 recruiters ( requirement: must be a member of a professional leasing association ) http://65.209.205.32/LeasingNews/Recruiters.htm Other sites to post a job wanted http://65.209.205.32/LeasingNews/Classified.htm Tips on Finding Work Note: Ripoff.Report.com www.badbusinessbureau.com on Leasecomm ( owned by Microfinancial: http://www.ripoffreport.com/reports/ripoff5652.htm Overcharged by Leasecomm: http://www.bizweb2000.com/wwwboard/messages/18474.html Leasecon Complaint Station for Leasecomm: http://www.thecomplaintstation.com/l/leasecomm_toc.htm Don’t
Sign that Leasecomm Contract \ Consumer Affairs On Line: http://www.consumeraffairs.com/business/leasecomm.html Complaint of the Day http://www.complaints.com/complaintofthedayfebruary92001.4.htm all about this company, w |
Faxable
lease document 
program
document