Leasing News

“ It's a gangbuster story. Quite a bit of investigative reporting. Hold on to your hat!”

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30 years in transportation Finance with strong management/ sales background. Represented company on national & region markets. Started two successful operations- produce profits and growth. Email:pml@mindspring.com

I have over 25 years owning an independent leasing company that specialized in truck leasing. Tow trucks, Limos, ambulances, tractors, etc.. Email:rfleisher@rsrcapital.com

Sales Management: Philadelphia, PA. - 15 years marketing leasing services in bank and non-bank environment to vendors, brokers, banks and direct. Strong relationship builder. Professional. MBA. email: leasit@aol.com

Sales Manager: Portland, OR. 18+ yrs w/bank leasing company. Supervised 14- 20 sales people. Willing to relocate for the proper position. Or, seeking sales position in current location (13+yrs direct sales). email:pthygeson@netscape.net

Senior level sales professional w/ (20) plus experience in mid market financing & leasing. The last (8) plus years being self employed in middle market brokerage. Email:markhenley@qwest.net

Senior Management: Portfolio Management Consultant; 25+years experience in Collections, Customer Satisfaction, Asset Management, Recoveries, Continuous Process Improvement, Backend Revenue Generation, Cost per Collection Analysis. $5+Billion Portfolio expertise. email: efgefg@rogers.com

25 year veteran of commercial and equipment leasing seeking a senior management position with leasing or asset based financing company in the southeast (Florida preferred)

Degree Banking/Finance. 13 years leasing exp. Now prez young leasing company where promises were not met. Interested in joining established firm with future. Email:bob33483@yahoo.com

Senior Management: San Francisco, CA., 25 years experience w/global leasing company, sales,marketing,business dev., P&L responsibility, asset mgmt, brokering and remarketing. Interested in joining an est. firm with a future. email:rcsteyer@yahoo.com

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“I represented ************ and *** company ****** located in ********* (Tel. No. ********), in two matters in which *** and *** company was sued.

“ In the first case, ***** sued (broker) and ***. One of the other defendants also cross-complained against (the broker). (The broker) was sued for hundreds of thousands of dollars, based on breach of contract, fraud and conspiracy, and other claims, as well as punitive damages. We settled the case for a fraction of the claim.

(The broker) was sued again by an investor in the company, and we settled by having (the broker) make periodic payments back to the investor. (The broker) now owes me about $15,000. It had been a chore getting any money from ****.

“ **** was always behind and bounced at least 5 checks, which made it necessary for me to have **** sign an agreement whereby we were allowed to withdraw from representation if **** failed to keep **** account current or bounced another check (which ****!). Needless to say, **** did not stay current. At first **** kept promising payments "when *** closed a pending deal." ***** never made the payments. Then **** stopped returning may calls, and finally stopped taking them altogether.”

We suggested they take the issue to their association “standards and ethics”

committee, but the broker said they no longer belonged to any leasing association

We offered to fax the “complaint” to obtain their side to the story, which the

person said to do. They said they would take the complaint to a local attorney , as basically the person disputes the bill, and then make a response. We offered to seek a compromise.

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“As of 7/1/03 ELA has 737 members. The break-down is as follows:

“Regular - 428

Associate - 250

Business Unit - 11

International - 25

Arranger – 23”

Best, Michael

Michael Henderson

Director, Membership & Marketing

Equipment Leasing Association

4301 N. Fairfax Drive, Suite 550

Arlington, VA 22203

703.527.8655; Fax: 703.527.2649

http://www.elaonline.com

There is a new dues structure for 2003 with a $2200 minimum and a minimal fee

for members who were active with a company that has merged, been

purchased, or is no longer in business. This may explain a good proportion

of the membership figures

ELA is the largest, and perhaps the most politically influential leasing association, backed by all segments of the leasing industry, is the Equipment Leasing Association. Their dues reflect a professional, well-run and managed association with the most meetings, the best equipment leasing website on line, legislative advocates in Washington, D.C., also available to many states, top rated conferences, and is very sophisticated. It also has the largest number of members, estimated at about 873 as of December 31, 2001. There is something for every segment of the leasing industry and many benefits to growing leasing companies and leasing company executives.

It should be noted that the ELA conference attendance has always been

"outstanding", their legislative involvement is not paralleled in our industry,

and their web site, with its full and always current information, is the best leasing

industry web site, no competition. In an internet study we are conducting on

finding leasing industry jobs on the internet, we have several who told us they

found jobs using the ELA web site. Several others had recruiters call them,

but at ELA, they were successful on line. If you have not visited it, you should:

www.elaonline.org

[Headlines]

Atlanta, GA - The Lessors Network today confirmed CIT Technology Finance has been added to a list of prestigious funding sources including GMAC Commercial Finance LLC, GATX Technology Services Corp., Kislak National Bank, ORIX Public Finance LLC, and Commonwealth Capital Corp., scheduled to participate in the Funding Source Showcase on August 25th and 26th in Atlanta, Georgia.

The Funding Source Showcase is just one of the networking forums making up the Lessors Network's highly acclaimed Annual Networking Conference scheduled to be held from the Ritz-Carlton, Buckhead hotel in Atlanta this August.

Funding Source Showcase speakers will deliver oral presentations to conference attendees describing their company's buy/sell strategies in the corporate and municipal markets enabling attendees to identify important funding partners just as year end portfolio adjustments are being contemplated.

Join us for an entertaining & educational evening of networking with brokers, lessors and service providers. Representatives from several national funding sources will be in attendance as well.

This well known restaurant is located on the water with spectacular views of the Boston skyline. A wide variety of hors d'oeuvres will be provided so bring an appetite. Cash bar available as well.

***** announcement ***********************************************

### Press Release ###################################################

Information Leasing Corporation Names McBride National Accounts Manager of PFG Medical

Cincinnati, - The Provident Bank's middle-market equipment leasing subsidiary, Information Leasing Corporation (ILC), has appointed Shawn McBride National Accounts Manager with its medical healthcare division, PFG Medical.

Mr. McBride will oversee the expansion of PFG Medical in the Southeast by focusing on the development of direct relationships with hospitals, physician offices and clinics. PFG Medical provides flexible, resource-saving finance programs for back office, diagnostic and durable medical equipment to the healthcare industry through vendor and direct relationships. PFG Medical has provided the healthcare industry with equipment leasing and financing for over 15 years.

Mr. McBride has eight years of healthcare leasing and finance experience. Prior to joining ILC, Mr. McBride was Vice President of Sales and Marketing for a private leasing company also specializing in the medical market. Mr. McBride was responsible for developing and managing a national program with MedAssets HSCA—the third largest GPO in the U.S. —and for developing long term relationships with medical service providers. From 1995 to 1999, Mr. McBride was an account executive with Fleet Healthcare Corporation managing the direct dialysis division, expanding it from $4 million to $20 million. Mr. McBride has financed nearly $100 million in the healthcare market.

Mr. McBride is a 1991 honors graduate of East Stroudsburg University with dual bachelor degrees in communications and English.

About Information Leasing Corporation & The Provident Bank

Founded in Cincinnati in 1984, Information Leasing Corporation (ILC) is an industry-leading, national business-to-business equipment leasing company serving the needs of manufacturers and vendors of capital equipment, large corporate lessees, small businesses and other leasing organizations. ILC is a wholly-owned subsidiary of The Provident Bank, the main subsidiary of Provident Financial Group Inc. (Nasdaq: PFGI), a bank holding company located in Cincinnati. The Provident Bank provides a diverse line of banking and financial products and services regionally; selected business activities are also conducted nationally. At March 31, 2003, Provident Financial Group had $9.2 billion in loans outstanding, $10.7 billion in deposits and assets of $17.7 billion. Provident has served the financial needs of its customers for 100 years, and currently 3,400 Provident associates serve approximately 500,000 customers. In addition to PFG Medical, other ILC operating groups include:

? PFG Vendor Services provides manufacturers, distributors, and vendors of capital equipment and software flexible financing alternatives for their customer base.

? PFG Direct Markets specializes in large end-user business transactions.

? PFG Capital Markets & Services provides organizations interested in the equipment leasing business an array of products and services, including third party portfolio servicing for equipment leases and loans.

Additional company information is available at www.ilcinc.com and www.providentbank.com.

For further information, please contact:

Chris Kemper

Public Relations Manager

513.579.2248

christopher.kemper@providentbank.com

Sites of Reference:

http://www.ilcinc.com

http://www.providentbank.com

CONTACT:

Chris Kemper

Provident Bank

Phone Number: 513.579.2248

Fax Number: 513.579.2273

E-mail: christopher.kemper@providentbank

[Headlines]

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1586- Birthday of Thomas Hooker, colonial American pastor and an originator of the earliest system of federal government in America.

1754 - In New York City, Kings College opened. For its first year of operation, the institution admitted eight students and one faculty member, Dr. Samuel Johnson, who would also serve as the school president. In 1784, Kings College was renamed Columbia College, and later would became Columbia University. Many prestigious awards hail from the university today, including the Columbia Award for Journalism and the Pulitzer Prize for Journalism that was named after former Columbia professor, Joseph Pulitzer.

1802 - Created by Robert Rusticoat in Hudson, New York, the first comic book to ever be published was "The Wasp."

1846 - Commander J.D. Sloat of the United State Navy raised the American flag in Monterey, proclaiming United States citizenship for California.

1851-birthday of Lillian Jane Martin, founder of Mt. Zion Hospital in San Francisco, the first mental hygienic clinic for normal pre-school children,

famed psychologist who started the field of gerontology by opening a clinic for the aged in 1929, when she was 78. She lived to an advanced age, doing such things as traveling through the jungles of South America at 87.

In her "before" career, she worked through the ranks at Stanford to become a full professor of psychology in 1911. She was the first woman to head any department there. After mandatory retirement at 65, she got bored and began feeling old so she taught herself to type and then did strenuous exercises to strengthen her body.

In 1920 (at 69) she founded Mt. Zion Hospital in San Francisco, the first mental hygienic clinic for normal pre-school children. In 1929 at 78, she started the work which has resulted in reinventing old age.

1851- Birthday of Charles A. Tindley, African-American Methodist preacher and songwriter. His most enduring gospel hymns include 'Stand By Me,' 'Nothing Between,' 'Leave It There’ and 'By and By.' Died July 26, 1933, Philadelphia, Pennsylvania

1861-Birthday of Dr. Nettie Maria Stevens - U.S. biologist who in 1905 announced that chromosomes X and Y were responsible for the sex of the individual. She was never rightfully given full credit for her discovery.

father was writing the radio series in 1942) leaves Santa Fe with his troops, beginning his campaign against the Indians of New Mexico and Arizona. A famed mountain man before the Civil War, Carson was responsible for waging a destructive war against the Navajo that resulted in their removal from the Four Corners area to southeastern New Mexico. Carson was perhaps the most famous trapper and guide in the West. He traveled with the expeditions of John C. Fremont in the 1840s, leading Fremont through the Great Basin. Fremont's flattering portrayal of Carson made the mountain man a hero when the reports were published and widely read in the east. Later, Carson guided Stephen Watts Kearney to New Mexico during the Mexican-American War. In the 1850s he became the Indian agent in Taos for New Mexico, a position he left in 1861 to accept a commission as lieutenant colonel in the 1st New Mexico Volunteers.

Although Carson's unit saw action in the New Mexico battles of 1862, he was most famous for his campaign against the Indians. Despite his reputation for being sympathetic and accommodating to tribes such as the Mescaleros, Kiowas, and Navajo, under orders of the US Military, Carson waged a brutal campaign against the Navajo in 1863. When bands of Navajo refused to accept confinement on reservations, Carson terrorized the Navajo lands--burning crops, destroying villages, and slaughtering livestock. Carson rounded up some 8,000 Navajo and marched them across New Mexico for imprisonment on the Bosque Redondo, over 300 miles from their homes, where they remained for the duration of the war.

Kit Carson guided Stephen W. Kearny's party from New Mexico to California during the Mexican War and his bravery saved the company. Kit Carson was appointed in 1853 as Indian agent for Taos, New Mexico. Kit Carson was extremely qualified and helped calm the Apaches on several different occasions that appeared nearly hopeless short the entrance of his masterful skills

Volunteers he was promoted to brigadier general for his outstanding campaign record After the Civil War Kit Carson commanded Fort Garland garrison in Colorado. When he retired, he moved his family back to Taos, New Mexico,

1865 - Mary E. Surratt became the first woman to be executed by the US government after being found guilty of conspiring with John Wilkes Booth to assassinate Abraham Lincoln. Her conviction was a subject of controversy as the only crime she appeared to have committed was to own the boarding house where Booth planned Lincoln's assassination. The president and those living in the area

was part of the plot or knew of it was never proven. Three others, also convicted in the conspiracy, were hanged along with Mary E. Surratt: Lewis Payne, David E. Harold and George A. Atzerodt.

1876 - The most notorious train robber of the American West, Jesse James, held up the Missouri-Pacific train and robbed about $15,000. Accompanied by his gang, Jesse James came to typify the hazards of the 19th-century frontier as it has been portrayed in motion-picture Westerns.

1887- Beatrice Fox Auerbach birthday - Hartford, Connecticut, business executive and philanthropist who established a foundation to train women's groups in the techniques of community organization. She succeeded her father as president of Hartford's G. Fox and Company and developed it into the largest privately- owned retail store in the nation. Died 1968.

http://www.cwhf.org/browse/auerbach.htm1896-The Presidential campaign was, in many ways, a battle over money. As was expected, the Republican campaign, led by the party's presidential nominee, Ohio governor William McKinley, centered on maintaining the gold standard. On the other side of the fence, the Democrats took a cue from the Populist party and latched on to the free coinage of silver as one of their guiding issues. While the Democrat's decision to support silver shocked a number of political observers, their nominee for the Oval Office proved to be even more surprising. The Democrats had already settled on their issue, but the summer of 1896 found them without a clear candidate for the Oval Office. That all changed at the party's national convention in Chicago on July 7 when William Jennings Bryan, then just a young scribe from Nebraska, stepped to speak before the Democrat's 20,000 delegates. An ardent supporter of the silver movement, Bryan seized the reins of the party by railing against the Republican's and their "demand for a gold standard." During his speech, Bryan laid down his now famous vow against gold and the Republicans: "You shall not press down upon the brow of labor this crown of thorns, you shall not crucify mankind upon a cross of gold." These indelible words sent the delegates into frenzy and effectively sealed Bryan's unlikely nomination as the Democrat's candidate for President. Alas, Bryan's fiery oratory proved to be no match for McKinley's fat coffers: backed by the money and influence of the nation's business leaders, the Republicans were able to lavish roughly $7 million on their campaign. Bryan, on the other hand, spent a scant $300,000 and ultimately lost his bid for the White House. The electoral vote was McKinley, 271; William Jennings Bryan, 176. The popular vote was McKinley 7,103,779, Bryan 5,402,925. The Republicans not only gained the White House but four seats in the Senate to lead 47-34, seven seats going to minor parties. In the House, the Republicans lost 40 seats but still held a 204-113 majority, 40 seats going to minor parties. The Republican party was free to have its way and on January 12 the new National Monetary Conference met at Indianapolis, Ind, and endorsed the existing gold standard.

1898-Hawaii was annexed by the US. President William McKinley signed a resolution annexing Hawaii. No change in government took place until 1900, when Congress passed an act making Hawaii an “incorporated” territory of the US. This act remained in effect until Hawaii became a state in 1959.

1905--- 127ø F (53ø C), Parker Arizona (state record)
1906-Birthday of legendry pitcher Leroy Robert "Satchel" Paige.

1907 -- Robert A. Heinlein birthday (1907-1988). Prolific American writer, grand master of science fiction. His first stories appeared in action-adventure pulp magazine "Astounding Science Fiction" in 1939. His first novel, Rocket Ship Galileo appeared in 1947 & paved way to children's science fiction. Wrote The Green Hills of Earth, the militarist Starship Troopers, & the 60s hippie oriented Stranger in a Strange Land (a favorite of mass murderer Charles Manson).

1908- Harriette Louisa Simpson Arnow birthday - U.S. author who described the Souther Appalachian life and people with honesty and authenticity. She earned a college degree, which shocked her family who were descendants of original Kentucky settlers that didn't believe in women's education. She had to move to Cincinnati to live. Her most critically acclaimed best seller was Hunter's Horn (1949)

1915-birthday of black author Margaret Walker, writer, born Birmingham, Alabama, died November 30, 1998

1917- John (Lonzo) Sullivan of the country comedy duo of Lonzo and Oscar was born in Edmonton, Kentucky. John's Brother, Rollin, was Oscar. The brothers' original songs included such ditties as "I'm My Own Grandpa" - a hit before the Second World War - "You Blacked My Blue Eyes Too Often" and "Take Them Cold Feet Out of My Back." In 1947, Lonzo and Oscar began a 20 year association with the Grand Ole Opry which ended in June 1967 with John Sullivan's death. Died June 5, 1967.

1928- singer Mary Ford, who had a series of pop hits with her husband, guitarist Les Paul, in the 1950's, was born in Pasadena, California. Their successes included "Mockin' Bird Hill," "How High the Moon" and "Waiting For the Sunrise." Their recordings were among the earliest to use the technique of multitracking, and featured Ford's voice answering Paul's talking guitar. The hits stopped in 1961, and Les Paul and Mary Ford were divorced two years later. Ford died on September 30th, 1977.

1948 - Satchel Paige was signed to pitch for the Cleveland Indians. Paige, who became a baseball legend playing in the Negro leagues, put on a major league uniform for the first time in his 23-year career. While he claimed to be 39, many speculated that he was actually in his 50's.

1946-Pope Pius XII presided over the canonization ceremonies for Mother Frances Xavier Cabrini, as she became the first American to be canonized. She was the founder of the Missionary Sisters of the Sacred Heart of Jesus and her principal shrine is at mother Cabrini High School, New York, NY. Carbrini was born at Lombardy Italy., July 15, 1859 and died at Chicago, IL, December 22,1917. Her feast day is celebrated on December 22.

Woody Woodpecker Song - The Kay Kaiser Orchestra (vocal: Gloria Wood & The Campus Kids)

1949 - Jack Webb’s "Dragnet" made its radio debut on NBC radio. This was the first program to dramatize actual cases from police files. Each episode, on both radio and television, began with the announcement: "The story you are about to hear [see] is true; the names have been changed to protect the innocent;" and ended with the sentence the criminal was given. After a successful television preview on "Chesterfield Sound-Off Time," "Dragnet" made the permanent leap to television in January 1952. From 1952 to 1956, the show enjoyed simultaneous runs on radio and television, continuing on television until 1959. After a seven year hiatus, the show resurfaced as "Dragnet ’67" to distinguish itself from its own reruns. This first real-life police drama series was such a success that it remains in syndication today.

1953- R'n'B singer Peter Brown, who had a Top Ten hit in 1978 with "Dance With Me."

1954- Memphis disc jockey Dewey Phillips became the first DJ to play an Elvis Presley record when he premiered "That's All Right" on his "Red, Hot and Blue" show on station WHBQ. Phillips also interviewed Presley on the program. "That's All Right" and its flip side, an updating of the country tune "Blue Moon of Kentucky," were hits in the Memphis area.

1962 - With "The Stripper," orchestra leader David Rose reached the number 1 spot on the popular music charts. The song stayed at the top spot for one week. Rose’s previous success on the music charts was with "Holiday for Strings" in 1944.

1962 - Riding Big Steve at Chicago, Illinois's Arlington Park, jockey Bill Hartack won his 3,000th race.

1975-“Ryan’s Hope” premiered on TV. This ABC soap ran until 1989 and was set mostly at the fictional Ryan’s Tavern on Riverside Hospital at New York City.

1981 - President Reagan nominated Sandra Day O'Connor to become a Supreme Court justice; she became the first woman member of the Supreme Court in September.

1984 - 1984--"When Doves Cry," the first single to be released from Prince's 1984 album Purple Rain, hits the top of the charts. The song stayed on top for five weeks and became the best-selling single of 1984. Meanwhile, the album topped the charts for 24 weeks and sold more than 10 million copies.

1986 - Jackie Joyner-Kersee was the United State's biggest success at the Goodwill Games. At the event held in Moscow, Russia, she broke the heptathlon world record with 7,148 points. The same year, Jackie broke her own record when she scored 7,158 points in the United States Olympic Sports Festival where she won all the heptathlon's seven events.