Products

• 2000 Industry Future Council Report

  What does the future hold for equipment lessors? Answering that critical question is the annual focus of the Industry Future Council. Competition, consolidation, and globalization characterize the leasing marketplace in the new millennium.

  Free ($10.00 )

• Analysis of Leasing: Application

  by Kishore Kagolanu
  Spring 2000 Issue
  
  Leasing activity involves the exchange of options on a variety of underlying assets. In this paper we identify the financial options that leasing participants hold. Next, we evaluate the economic aspects of the leasing value chain. The goal is to provide a framework for lessors to identify the options they hold, determine if they are compensated for holding those positions, and evaluate the forces shaping the sector. Eventually, lessors can choose which options they are willing to hold, and thereby be compensated for holding them while managing the risks more efficiently. An examination of the structure of the firm is presented via an options framework. These ideas form the theme and basis for the application of options technology to the leasing industry.

  Free ($10.00 )

• Equipment Leasing and Finance Foundation Annual Report 2000

  The Foundation has worked to make a profound difference in the way leasing companies do business and plan for the future.

  Free ($10.00 )

• Forecasting Residual Value of Computer Hardware

  By Robert J. Zises and Rainer Mueller
  Fall 2000 Issue
  
  There are two important reasons for today's increased interest in forecasting the future value of existing computers: the need for management to efficiently plan and budget for acquisitions and dispositions and the growing trend for many businesses to lease rather than purchase computers.

  Free ($10.00 )

• Going Global-The Key to Success in the New Millennium: An Overview

  by William S. Veatch
  Spring 2000 Issue
  
  Increasingly, to stay competitive, lessors need to provide financing on a global basis. However, that will become easier because of the increased level of uniformity of documentation that vendors are demanding. Here is a review of the primary legal issues in a domestic vendor program, followed by a look at other issues that emerge when the vendor program goes global.

  Free ($10.00 )

• Industry Future Council Report 2000

  Spring 2000 issue
  
  The 2000 Industry Future Council (IFC) met at ELA headquarters on January 18th and 19th. The meeting was co-chaired by the Equipment Leasing and Finance Foundation (Foundation) and ELA Chairmans, and consisted of senior management from leading equipment leasing institutions and representatives from the five ELA Business Councils, which in total represent over 60 members. Each Business Council, specifically the Small Ticket, Middle Market, Large Ticket, Vendor, and Service Provider Councils, met to develop joint responses to the survey, which were then used to structure the IFC meeting.

  Free ($10.00 )

• Leases, Debt and Taxes: A New Measure

  by James S. Schallheim, Ph.D.
  Fall 2000 Issue
  
  What are the factors that favor leasing or debt financing? In a recent study published in the Journal of Finance, my colleagues and I demonstrate that certain factors favor leasing while other factors favor debt financing.1# But the most striking evidence provided in our study is that a better and more precise way of measuring the tax status of the firm provides results that are consistent with finance theory and practice.

  Free ($10.00 )

• Nonappropriation Risk of Small-Ticket Municipal Leases

  by Calvin M. Boardman, Ph.D.
  Fall 2000 issue
  
  Leases to municipalities represent a vibrant part of the financial landscape of this country. The leases range in size from the very small to the very large, and in type from computers to phone systems to grave-digging equipment, and in application from states to cities to sewer districts.

  Free ($10.00 )