Business
Scott Nelson of Tamarack Technology delves into what drives AI learning, how to achieve that same level of curiosity and ways to use AI to embrace failure in pursuit of success.
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The news headline for the recent release of the 2022-2023 US Bank CFO Insights Report declared that “Risk Management Soars Past Revenue Growth as Top Priority for Finance Leaders” – highlighting a major shift in the concerns of financial leaders from financial to operational risk
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Earlier this week, Scott Nelson spoke to the ELFA Independent Business Council Steering Committee on the topic of technology and innovation within the equipment finance industry.
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The challenges of early 2020 have come full circle in 2023. The boon of originations over the past 30 months combined with rapidly increasing interest rates and a looming recession have made 2023 the Year of the Portfolio.
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 On February 15, I shared insights with members of the American Association of Commercial Finance Brokers (AACFB) on how to “Get ahead with data.” AACFB’s Monica Harper hosted Allen Jones of Copernicus and me for a discussion regarding data-centric technologies that can help brokers improve operations, grow faster, and transform into companies with broader offerings.
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One of the oldest and most common business plans in equipment finance is the broker-to-lessor transformation and goes like this: establish one’s brand as a finance broker, build customer and lender relationships, grow the business to the point where one can secure funding for the paper and become a lessor. One could say it’s a straightforward three-step process.
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