Since the Great Recession, changes in underwriting and portfolio management techniques have affected credit quality. This article examines how changes to credit quality may affect industry portfolio performance during the next downturn. Data from key lender types and the overall industry identify key credit underwriting factors that clearly correlate to observed
Three New Technologies Whose Time Has Come in Equipment Finance
By Jeff Boots and Roderick Wilkins
Three key technologies hold promise for equipment finance firms looking to raise their quality of product and service deliveries while reducing cost. They are artificial intelligence, blockchain, and smart contracts. This article and a new video illustrate how both leasing companies and their customers will benefit from early adoption of these technologies.