Confirmed---Sudhir Amembal to Pursue Lease Education and Training

The story in yesterday’s Leasing News is confirmed, except it appears while Mr. Amembal is named as Chairman and CEO and although the name of the company is Amembal Capital, Executive Vice-President Larry Grant states he is a “minority investor:”

Sudhir Amembal did not found our company as stated in your article, but joined the company in 1996 as a minority investor and was elected Chairman. The company was founded by Loni Lowder in 1979 as PFC Group. Sudhir's focus in the company has been in training, education (including conducting a series of free advanced leasing seminars for brokers across the country) and publication of books and articles on leasing. The day-to-day operations and running of the company have always and continue to be performed by Loni Lowder as President/CEO, Executive Vice Presidents Larry Grant and Randy Cameron and other senior officers.

Mr. Amembal is in the process of issuing a press release describing his current activities and plans, but in the meantime please be advised that Sudhir has elected to concentrate his time on his company Amembal & Associates, which provides international lease training and consulting, including an extensive involvement with the World Bank. His minority ownership in Amembal Capital has been re-acquired by Loni Lowder.

ACC continues to be an active, thriving organization providing equipment lease financing to middle market customers nationwide; as it has for the past 23 years.

Best regards,

Larry Grant

larry@amembalcapital.com   

For readers who are not familiar with Mr. Amembal, he is world-renowned for his scholarship, consulting and publications in the area of equipment leasing and lease accounting.  He is a very popular lecturer.

Sudhir Amembal has consulted on behalf of a variety of institutions, ranging from small businesses to Fortune 500 companies and governments, including China, Indonesia and Russia.

He has also authored fourteen books, including the industry standard, The Handbook of Equipment Leasing. 

Sudhir is known throughout the equipment leasing world, both as an educator and as a master of the domestic and international tax, accounting and legal intricacies of the equipment leasing process. He is active in four leasing associations, appearing at conferences, often accompanied by his wife. His reputation is impeccable, and  may be considered the "most respected" scholar in the leasing industry, world wide.