The old adage– “How do you eat an elephant? One bite at a time” might seem out of context today, but the modern-day version, attributed to Bishop Desmond Tutu, conveyed a philosophy about how to change culture and socio-economic systems.

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A combination of new demand and new competitors has brought equipment finance to a turning point where business-as-usual is no longer an effective approach and the risk of stalling out is a real probability.

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Two Twin Cities-based companies that help banks and other entities manage their lease portfolios — IDS and Tamarack Technology — are teaming up to support the digital transformation of the equipment finance industry.

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We’ve shared the tips and tricks that we find helpful, but now we want to hear from you. Do you have any problems that you just can’t seem to find the solution to or processes that you find cumbersome? Any tips you’ve found useful that you think could benefit others? Submit your problems, ideas, or tips to trailmix@tamaracknow.com. If we use your idea, we’ll send you a Tamarack Yeti-brand tumbler and some edible trail mix to go with it.

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As an equipment finance professional with more than 25 years of experience including more than 15 business acquisitions, I can tell you two things about a “seller’s market” – prices are going up and promises to management are going to be harder to keep. Buyers beware.

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Some tips to make you look like a pro! Learn how to quickly resolve issues related to "hidden" or non-displayable characters and incorrect EOL characters.

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