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Business Development Officer,leasing exp.,min 3 yrs business & direct sales exp. Banking procedure knowledge helpful. Gilroy, CA location, serving four surrounding counties. E-mail valdezd@1stnational.com or see Career Opportunities www.pcbancorp.com About the Company: Pacific Capital Bancorp is a $5+ billion, multi-bank holding company dedicated to providing an enduring network of community banks on the Central Coast of California. This unique partnership of independent banks provides customers in six California counties with the financial strength and product diversity of a big bank, delivered with the responsiveness and personalized attention of a local community bank. |
Friday, June 25, 2004
Headlines---
Correction:
RW Professional Leasing Trial
Where
is Phil Walden, formerly of Saddleback?
Pictures
from the Past--1991--WAEL Past Presidents
Republic
Now NetBank Business Finance
Wells
Fargo’s Terminal Marketing Company Debacle?
Equipment
Leasing and Financing Journal Available
alaQuote:
Leasing News Archives - June 25,2003
Fitch
Rates CIT Equipment Collateral 2004-EF1
Jeffrey
L. Clark De Lage Landen Biz Dev. Global
plus bonus:
The original radio show of Abbott and Costello’s,
“Who’s on First Base.”
######## surrounding the article denotes it is a “press
release”
-------------------------------------------------------------------------------
Classified
Ads---New Feature
We are going to start
a new feature, and make available to
those who would like
to include a picture of themselves and/or
direction to their
“blog” or web site, should they
have one.
All those who have
an ad are being contacted by Steve Chan.
Every 30 to 45 days
we check all the ads in all the categories
to check if the e-mail
address is still working, if the people are
still actively seeking
employment, suggesting that they think
about changing the
wording in their ad. We are
also letting
them know about the
photograph, “blog” or web site feature.
Leasing News has
95 “job wanted” ads on line at:
http://64.125.68.90/LeasingNews/JobPostings.htm
There are other sites
to post your “announcement” that you
are seeking employment.
Some are free, some have a fee.
Should you have one
to add to our list, please let us know.
www.adams-inc.com
www.affinitysearch.com
www.bajobs.com
www.careerbank.com
www.careerpath.com
www.craigslist.org (available
in many cities now, use scroll feature)
www.directemployers.com
www.elaonline.com
www.employmax.com
www.goldenparachute.com
www.Headhunter.net
www.hotjobs.com
www.insidevcjobs.com
Venture County, CA. Newspaper
www.jobs.net
www.latimes.com
www.leasingtoday.com
www.lessors.com
www.MarketingJobs.com
www.monitordaily.com
www.positionfiller.com
www.Postonce.com
www.raleyguide.com
www.RecruiterConnection.com
www.resumeblaster.com
www.vetjobs.com
www.worktree.com
-------------------------------------------------------------------------------
Correction: RW Professional Leasing Trial
In yesterday’s story,
left out the most important fact, and the purpose
of the up-date: The
actual trial is scheduled for October 14th, 2004.
It should have been
in the headline. editor
http://www.leasingnews.org/#rw
-------------------------------------------------------------------------------
Where
is Phil Walden, formerly of Saddleback?
Anyone who can give us a lead, please send to
-------------------------------------------------------------------------------
Pictures
from the Past
---1991---
WAEL Past Presidents
“Pictured here is
some of the Western Association of Equipment Leasing ( WAEL—pronounced
“Whale,” is the former name of the United Association of Equipment Leasing
Association (UAEL—pronounced U.A.E.L.)
Past President who
were honored during special recognition ceremonies in commemoration
of WAEL’s Fifteenth Anniversary---the Crystal Celebration.
Conference Chairman
Peter Eaton, CLP, First National Leasing Corporation(center) joins Past
Presidents (l to r) Jim Possehl, CLP, President Republic Financial Corporation(1989),
President Steve Dunham, Leasing Associates (WAEL’s first President—1974);
Bob Jacobson, III, CLP, Consultant (1984 president); Eaton (1994 president);
Ted Parker, CLP, LSA West Capital Corporation (1986 President): and
Steve Head, Interbank Leasing Corporation (1977 President).”
30th
Anniversary Party
October 21st, 2004, the “First Timers” meeting is scheduled from 6 to 7pm, and
then the 30th Anniversary Party from 7pm to 10pm at the
United Association
of Equipment Leasing Conference Monterey,
California Leasing News Advisory Board member, and long-time friend
,Steve Crane is the Conference Chair. CEO Joe Woodley is going
to invite the real
“old timers” as his guest to the 30th Anniversary
Party, so this should
be a very memorable event. Perhaps
even Bob Jacobson
III may show up along with Curt Lynse; maybe
Russ Rickards and even Dr. Ray Williams, CAE. Won’t that be
a kick!!!
(I look forward to
meeting Leasing News readers in Monterey.
Please go here for further information about the conference,
and about the area. Kit Menkin.)
http://www.leasingnews.org/Conscious-Top%20Stories/Monterey.htm
-------------------------------------------------------------------------------
Republic
Now NetBank Business Finance
Republic Leasing
of South Carolina has formally changed its name to NetBank Business
Finance
|
As of July 1, 2004, Republic Leasing, a subsidiary of NetBank, will become a division of NetBank and will have a new name and logo. We are telling you first before this announcement is made to industry associations and the public. The general announcement, which will appear in the next issue of The Monitor, is attached for your information. What does this mean to you, our loyal customers? It simply means that we will continue to be the same funding partner we have always been, just with a new name and with more capabilities! On July 1, our website address will be ch an ged to netbankbusinessfinance.com an d emails to employees can be addressed to: firstinitiallastname@netbankbusinessfinance.com. The business address, as well as all phone an d fax numbers, will remain the same. For those of you who use our document preparation software, Docsonline, access to it will be moved to netbankbusinessfinance.com. Please take the time to change your computers to this address on July 1. All sign-ons and passwords will remain the same. Please note that Docsonline will not be available from 2 PM on June 30 until 9 AM on July 1 (Eastern Time). Documents with us listed as lessor prepared on or after July 1 will have to be prepared using NetBank Business Finance as the lessor. If you prepared documents on Docsonline prior to July 1, you will be able to correct or update using the Republic Leasing name, but that capability will soon be phased out. We are excited to announce that we will now accept applications for app-only working capital loans between $15,000 and $50,000 for established businesses. We believe that this is a new product which should be very well accepted by your customers. Please call your credit analyst or marketing representative for more information. All
of us at NetBank Business Finance are very excited about our new
name and the additional capabilities that the financial strength
of NetBank makes available to us. Remember to think of NetBank
Business Finance as your primary funding source for all transactions
up to $1,000,000! Working Capital Loans NetBank Business Finance (“NetBank”) will offer to its approved broker/lessors, a program to transact business for working capital loans to businesses in the $15,000 to $50,000 range. The parameters of the program will be strictly adhered to and all requirements must be met. All transactions will be documented on the NetBank Finance Agreement, and all transactions will be personally guaranteed by the owner(s). Proof of ownership must be verified and on-site verification that the business exists will be required. Both the primary and secondary (as defined by NetBank) credit bureau reports will be used to determine credit worthiness. Credit card debt in excess of $25,000 must be fully explained as part of the credit investigation and evidence of such may require additional information (additional tax returns, etc.). Dependent on the size of the transaction or when deemed necessary D&B reports will be ordered and reviewed. A security deposit equal to one or two payments will be due at commencement, and ACH will be required on the remaining payments (with a $10 per month opt out fee if ACH is ever removed). Variable payment streams will not be accepted. Broker/lessor commissions will be capped at 10 points on all transactions. The yield to NetBank for all transactions will be 9.75%. All other st an dard credit criteria must be met along with the additional notable exceptions: CBR
Allowable
Number Bank $15,000
– $25,000
– $35,000
– * Personal and business tax returns including all schedules. ** $50,000 is the maximum to be considered under this program. Tran sactions greater th an $50,000 will be considered subject to additional requirements an d with full financial statement disclosure. The debtor will confirm in writing that the proceeds will be used for commercial purposes in the business. A blanket lien on the business will be executed in the name of NetBank. A documentation fee of $125 will be required for all transactions.
|
Reaction has been
very good, and the only one who gave us
permission to quote
them was Charlie Lester of LPI Financial:
“I think this is a excellent announcement since it ends
the speculation that has existed from the day Net Bank acquired
Republic. Those of us that do business with Republic can now get back
to business as usual without this distraction.
Knowing Charles Randall and Dwight Galloway---the only things
that will change are the name on the door and the dollar limits. Republic
and Manifest have been the most stable of the funding sources
for the past six years and both have grown since being acquired
by banks.
By the way, if you know
a bank looking to buy a Mickey Mouse company in Marietta, GA, please
ask them to call me. Charlie”
On April 1, the announcement
was made that Republic Leasing of South Carolina would become a division
of the bank.
http://www.leasingnews.org/Conscious-Top%20Stories/Republic_Leasing2.htm
It is our understanding
that loans and leases are serviced by the bank, although most of the
mortgage business is “sold off” or serviced elsewhere, very similar
to the Advanta operation and is the common
procedure in the
mortgage industry (as many of us home owners know.)
Net Bank is the largest
internet bank, and perhaps the most successful. In there most recent public release of financial standings they
noted the commercial equipment leasing business had production of $39 million, a decrease of $5.2 million or
12% .
http://www.leasingnews.org/Conscious-Top%20Stories/NetBank_Report_down.htm
Republic Leasing
of South Carolina was one of the first that went to the securization market primarily from sales generated by leasing brokers.
July 26,2002 Dwight
Galloway wrote a letter to over 100 brokers, basically saying it wasn't
profitable for his company to continue to do business with them.
http://two.leasingnews.org/archives/July2002/7-31-2002.htm
November 22,2001,
he announced the acquisition of our long time parent, Resource Bancshares
Mortgage Group, Inc. by NetBank, Inc.
http://www.leasingnews.org/Conscious-Top%20Stories/dwight.htm
In related news, NetBank reports that MBNA Corp. has started
issuing small-business credit cards for NetBank. Payroll and tax filing
services are also offered to NetBank's small business clients, through
a partnership with PayMaxx Inc., and financing programs for capital
equipment.
NetBank says 1,600
small businesses have signed up since it introduced accounts for small
businesses a year ago, bringing more than $37.5 million of deposits,
and they intend to service bank customers for loans and leases.
-------------------------------------------------------------------------------
Wells
Fargo’s Terminal Marketing Company Debacle?
Dale Washington
Attorney
714 593-2317
(Leasing News has
written about leases assigned to Terminal Marketing of New York ( no
longer in business ) who never paid
Fargo. Often, Terminal Marketing was making the monthly
payments until they went out business.
As long as they were adding more
“We are defending
one of the victims of this scheme - someone who filled out the lease exactly as they had done before, only to have it sold off
but never funded. Wells Fargo
is trying to litigate them and others across the Country into oblivion. We think it will backfire and wanted to provide
Leasing News with some up to date legal analysis, hope it helps:
“Assignees of negotiable
instruments (e.g., drafts, checks or notes) who become holders in due
course (i.e., take the instruments for value, in good faith and without
notice of any defects) ordinarily obtain their interests free of all
'personal' claims and defenses (e.g., fraud in the inducement or failure
of consideration). [Comm'l C. §§ 3302 & 3305; and see Bank of Costa
Mesa v. Losack (1977) 74 CA3d 287, 293, 141 CR 550, 553] .
This is the position Wells Fargo claims to be in - a finance
company that took the Terminal Finance Company I & II leases for
value without notice of any fault with the leases.
It is called the “empty head and the white heart” test -they
grind defrauded people into the dust based upon the paperwork.
“We think Wells Note
holders are not an assignee of the Leases, but rather creditors of Terminal
Finance I & II. This is
because Wells Fargo referred to them essentially owning Terminal Finance
shares until the notes were paid off; Also, they keep referring to “lease-backed
notes.” Persons who are merely
successors in interest to prior holders in due course (e.g., purchasers
at judicial sales, attaching creditors or bulk purchasers) are statutorily
excluded from the definition of a holder in due course. [Comm'l C. §
3302(3); and see 3 Witkin, Summary of California Law, Negotiable Instruments,
§ 73] . If we are right on this
one, then Wells Fargo’s position is to step into the shoes of Terminal
Finance I & II - they have to defend Sanford Schneiderman’s position. Keep in mind Terminal Marketing Company and
Terminal Finance Company have the same CEO - Schneiderman, and
“There is a second
rule which I think applies to these leases, called the
Orange County Mach.
Works (1950) 34 Cal.2d 766, 214 P.2d 819.
“The arrangement
at Wells Fargo & Terminal Finance I & II certainly has Terminal
Marketing as the moving force - writing purchase orders and so forth. But Wells Fargo is also involved in one of the key areas of the moving force test. According to the acquisition agreement (and
what was happening), Terminal Marketing Company would come to Terminal
Finance Corp for a funding. Terminal
Finance would take the Lease, take Terminal Marketing Company’s debt
associated with the Lease and simultaneously borrow money from Wells
Fargo investors to pay Terminal Marketing Company’s debt.
“We have asserted
this case, that Wells Fargo was ‘within’ the Commercial Credit exception
due to this participation in the deal rather than being a mere investor
who purchases the lease after a transaction.
“Also, check the
documents. If documents are
defective on their face so as to call into question their authenticity,
no taker can become a holder in due course.
The case we have includes many altered documents, including a
dummied up delivery acknowledgment.
Since Wells apparently accepted a photocopy for this document,
we think they took a chance of having it be forged.
Now that it turns out to be forged, they cannot hide behind the
paperwork.
“One other point,
Wells Received notice of irregularities at Terminal
Marketing Company
on January 5, 2001. We know
they had information sooner but have not yet gotten to it. Anyone who has a lease issued after then appears to have an e ticket
out of the case.
“Keep in mind these
are our opinions - we may go down in flames in the next 3 weeks. Till then, we are sharing information with
anyone as Wells Fargo is abusing public trust to CYA whomever failed
to keep tabs on their partnership with Schneiderman.”
Dale Washington
Attorney
714 593-2317
( Attorneys for Wells
Fargo did not want to comment
on the cases in litigation.
editor)
-------------------------------------------------------------------------------
Equipment
Leasing and Financing Journal Available
Now on line with good information such as:
"The Imperfect
Fit: Making Form Leases Work for High-Tech Equipment"
Article By Barry S. Marks and James M. Johnson, PhD.
Forms drive equipment
leasing. However, the standard lease form typically is ill-suited to
the leasing of desktop and notebook computers and other small, often
portable technology equipment. In short, one size does not fit all.
This article, recently published in the Journal of Equipment Lease Financing,
signature publication for the Equipment Leasing & Finance Foundation,
looks at some of the pitfalls of those standard forms, offering sound
alternatives to traditional lease language.
http://www.two.leasingnews.org/loose_files/TheImperfectFit.pdf
The full edition is available at:
http://www.two.leasingnews.org/loose_files/TheImperfectFit.pdf
From Leasing News Archives ---- June 25,2003
One
of the Best Kept Secrets in Leasing? alaQuote
While most in the
leasing industry know me as the "service provider"
for CapitalStream
Advantage, I also am a leasing web site software writer, creating sites.
In the course of
the up-grades on CapitalStream Advantage and doing custom work for brokers
and leasing companies, I thought what was most needed in the industry
was a simple web based program that would allow a broker to furnish
for any sized vendor, a professionally presented, private label payment
calculator, quote letter, application and credit release authorization
tool.
While there were
many programs out there that could do this. They
Remembering what
John Kruse said when he first introduced "System 1,"I tried
to follow his advice: KISS: Keep it simple, stupid.
I came up with "alaQuote."
However, in marketing it, I found no
one wanted to discuss
it. It seemed to give them such an advantage,
they didn't want
to share it with anyone.
All of the customers
on alaQuote tell me they love the
program (they keep
renewing their subscription and pay us each month), but don't talk about
it amongst their fellow brokers. They all want it as their own competitive
edge and don't care to share it with others.
One of my first customers,
a well-known broker, first got on alaQuote a year and a half ago. He
had told me that he wasn't going to give
anyone a rave review
of the program because he didn't want his competitors (other brokers)
knowing about or using it.
A super broker/lessor
who I asked for a recommendation told me he loved the program, but also
didn't want his competitors to know he was using it, or how well he
liked it.
We rely heavily on
referral business so this exclusivity attitude amongst our customers
put us in a marketing dilemma. We are thankful for Leasing News to publish
an open forum that allows community related discourse that will benefit
it's members.
I encourage anyone
who wants to broaden their vendor marketing efforts, and is looking
for a fantastic tool to add to their sales arsenal, to contact us and
experience alaQuote, firsthand. It is extremely affordable, simple to
use and delivers a polished and professional presentation. You may see
a demo of the program, from the applicants perspective, by visiting
https://www.elbtools.com/secure/calc.php?elbt=10032173551
Jim Buckles
jim@pbs4u.com
Preferred Broker
Solutions / ELBTools
www.pbs4u.com
/ www.elbtools.com
19621 82nd Pl W
Edmonds, WA 98026
(866) 352-8665 sales
(435) 514-3787 fax
------------------------------------------------------------------------------
-------------------------------------------------------------------------------
### Press Release
###############################
Introducing Securint - a Revolutionary Online Employment
& Tenant Screening Tool
BOCA RATON, Fla--
Prices for high quality FCRA-compliant background checks start as low
as 50 cents!
Seisint Decision Services (SDS) announces the launch of
Securint(TM), an FCRA-compliant (Fair Credit Reporting Act) online employment
and tenant screening tool offering faster and more affordable background
checks. Leveraging breakthrough data management technologies, a multi-billion
record data repository and patent-pending data-linking systems, SDS
re-defines affordability, speed and data quality. Securint provides
customers a fast, cost-effective way to identify unacceptable job candidates
or potential tenants before they spend valuable time and money on the
interview process.
Securint, with its web-based user interface, offers background
checks starting as low as 50 cents. "Our unprecedented low price
allows you to pre-screen candidates before they reach the costly interview
process," says James Swift, executive vice president, Product and
Business Strategy for Seisint.
At the heart of Securint's web-based application is the
powerful Seisint Data Supercomputer(TM) and Seisint's proprietary data-linking
technology. These powerful tools enable client queries to interface
with a repository of tens of billions of public and commercially available
records, constantly updated, from thousands of sources. "Our technology
makes it possible for Securint to deliver the highest quality background
screening at unprecedented speeds," says Swift.
Securint verifies identities and addresses and provides
bankruptcy, criminal, and sexual offender histories - within seconds,
not days. Securint brings to businesses of all sizes an essential service
through a very cost-effective web-based delivery system. For as little
as 50 cents, a Securint customer can run an Applicant Verification Report
which helps verify an applicant's identity and address history. For
an additional $2.50, the Securint customer can receive reports on an
applicant's criminal, bankruptcy and sexual offender histories.
Prices for more extensive searches involving credit reports,
driving records (for employment screening only) and courthouse runners
fall well below the industry standard rates. There are no set-up fees
or minimums. Customers are charged for each individual screening - whether
it's two, 20 or 200 a month, with a choice of credit card or monthly
billing. For high turnover businesses like fast food restaurants, supermarkets,
hospitality, temporary agencies and seasonal services, Securint is always
the high-value, low-cost resource.
Some examples of pre-screening scenarios include:
-- A new hotel is opening with 1,500 positions to
fill. Using Securint early in the process, the hotel filters out
non-viable applicants, allowing hiring managers to focus efforts
on the best candidates. Securint saves time, allowing you to fill
key positions faster and reduce overall hiring costs.
-- A landlord is inundated with 20 applications to
rent a single apartment. To rent the apartment to the best person as
quickly as possible, he logs on to Securint and instantly checks each
applicant's background. In a matter of seconds, Securint helps verify
identity and past addresses and shows any possible bankruptcies,
criminal convictions and sexual offenses.
-- A local youth organization has volunteer openings
for a baseball coach and a groundskeeper. Because there are children
involved, the local director logs on to Securint to verify applicant
identities, check their criminal records and uncover any sexual predators
who might pose a threat.
Securint delivers on its promise to provide high-quality
background checks instantly, with unmatched accuracy, at the lowest
prices in the industry, helping people quickly and safely make critical
hiring and leasing decisions with a feeling of confidence.
About Securint
Securint(TM) was developed by Seisint Decision Services,
Inc., a subsidiary of Seisint(R), Inc. Seisint provides information
products that allow organizations to quickly and easily extract valuable
knowledge from huge amounts of data. These innovative products are made
possible by integrating the Seisint Data Supercomputer(TM) technology,
tens of billions of data records on individuals and businesses, and
patent-pending data-linking methods. An FCRA-compliant product, Securint
helps organizations streamline their hiring and screening procedures.
Seisint also developed and markets Accurint(TM), a comprehensive locate-and-research
tool preferred by over 25,000 financial services, insurance, legal and
law enforcement organizations. Like Accurint, Securint provides, through
a state-of-the-art web interface, proven, trusted data of the highest
quality at the lowest price. Seisint is a member of the National Association
of Professional Background Screeners (NAPBS). For more information on
Securint, please visit www.securint.com or call 1.877.863.3282.
CONTACT:Starmark Int'l, Fort Lauderdale Fran Schwartz, 954-761-1600
or cell 954-205-2216 fran@starmark.com or Securint Jessica Jacobson,
561-999-4479 jjacobson@seisint.com
[headlines]
###Press Release ######################################
Fitch
Rates CIT Equipment Collateral 2004-EF1
Fitch Ratings-Chicago-J:
Fitch rates the CIT Equipment Collateral (EC) 2004-EF1 (2004-EF1) $141,000,000
class A-1 notes 'F1+', the $90,000,000 class A-2 notes 'AAA', the $172,276,000
class A-3 notes 'AAA', the $16,992,000 class B notes 'AA', the $16,992,000
class C notes 'A', and the $15,859,654 class D notes 'BBB'.
The 2004-EF1 transaction
represents CIT Group Inc.'s (CIT) third public securitization of assets
originated from its equipment finance (EF) business unit and consists
of contracts secured by the purchase or lease of a variety of equipment
types, including construction, transportation, and manufacturing equipment.
Rated 'A' by Fitch's financial institutions group, CIT is a leading
global diversified finance company offering vendor, equipment, commercial,
factoring, consumer, and structured financing capabilities. A wholly
owned subsidiary of CIT, EF is the originator and servicer of the contracts
within 2004-EF1.
The class A ratings
reflect the credit enhancement provided by the subordination of the
class B notes (3.75%), class C notes (3.75%), class D notes (3.50%),
the initial reserve account (3.00%), and expected excess spread. The
'AA' rating on the class B notes reflects CE provided by the subordination
of the class C notes, the class D notes, the reserve account, and expected
excess spread. The 'A' rating on the class C notes reflects CE provided
by the subordination of the class D notes, the reserve account, and
expected excess spread. The 'BBB' rating on the class D notes reflects
CE provided by the reserve account and expected excess spread.
In deriving credit
enhancement levels, Fitch evaluated the performance of CIT's prior EF
securitizations, as well as the delinquency and loss performance of
EF's aggregate portfolio, taking into account both static and annualized
data. Fitch took into consideration the cyclicality of the construction
industry and the impact of an extended economic downturn on delinquencies,
non-accruals, repossessions, and ultimate realization and timing of
recoveries. Finally, Fitch considered the overall strength of EF and
CIT's commitment to the business unit.
With an initial contract
principal balance (CPB) of $453 million, the 2004-EF1 pool contains
5,761 contracts, with a weighted average seasoning of approximately
ten months. Major equipment types are construction (40.69%), transportation
(26.45%), and manufacturing (16.79%). Geographic concentrations of more
than 6% as of the initial cutoff date include California (12.04%), Texas
(7.21%), and Florida (6.73%). The obligors are primarily involved in
the construction, manufacturing, and services industries, with the five
largest customers representing 2.15% of the initial CPB.
On each monthly payment
date after scheduled interest, the owner trust will pay principal on
the notes. The class A-1 money market tranche will first receive at
least enough principal to reduce the outstanding amount to its scheduled
principal balance, with remaining funds used to pay principal on the
class B notes. Once the class A-1 noteholders have been paid in full,
principal payments are then allocated pro rata among class A and B,
with distributions made sequentially among the class A notes. Upon full
amortization of the class A and B notes, principal will then be distributed
in a sequential manner to the class C and, finally, to the class D notes
until paid in full.
Contact: Brigid E.
Keyes +1-312-606-2361 or John Bella, Jr. +1-312-368-2058, Chicago.
Media Relations:
Sandro Scenga +1-212-908-0278, New York.
##### Press Release
###########################
De Lage Landen appoints Jeffrey L. Clark as Vice President - New Business Development,
Global
Structured Finance
WAYNE, Pa.,– De Lage
Landen Financial Services, a leading international provider of high-quality
asset-based finance products to manufacturers and distributors of capital
goods, has appointed Jeffrey L. Clark to the newly created position
of Vice President – New Business Development for its Global Structured
Finance Group.
In this capacity, Clark will report directly to Ted Radomile,
Senior Vice President – Global Structured Finance.
Prior to joining De Lage Landen, Clark served for 12 years as
Managing Director, Principal for Kramer Clark & Co., Inc. From 1990
to 1992 he was Managing Director – Debt Placement for Hunter, Keith,
Marshall & Co. Inc.
He earned a Bachelor of Science degree from Michigan State University
and a Master of Business Administration degree from Western Michigan
University.
De Lage Landen International B.V. is a Netherlands-based international
provider of high-quality asset financing products. With a presence in
more than 20 countries across the globe, the company focuses on the
following industries: Food & Agriculture, Healthcare, Office Equipment,
Telecommunications, Information Technology, Materials Handling &
Construction and Financial Institutions. In its domestic market the
company offers Equipment Leasing, Consumer Finance, Car & Commercial
Vehicle Leasing, ICT Leasing and Trade Finance through local Rabobanks
and direct to market.
De Lage Landen is a wholly owned subsidiary of the Dutch Rabobank
Group that is AAA-rated by Moody’s and Standard & Poor’s. In 2003
De Lage Landen grew its profits to $129.7 million (€114.8 million) and
its balance sheet total to $17.8 billion (€14.1 billion).
For more information,
please visit our Website: www.delagelanden.com
###
Sites of Reference:
CONTACT:
Ronald Slaats, Chairman
& Chief Commercial Officer
De Lage Landen Financial
Services
Phone Number: 610
386 5023
Fax Number: 610 386
5840
E-mail: rslaats@leasedirect.com
#### Press Release
############################
-------------------------------------------------------------------------------
Classified
Help Wanted Ads
Business
Development Office
|
Business Development Officer,leasing exp.,min 3 yrs business & direct sales exp. Banking procedure knowledge helpful. Gilroy, CA location, serving four surrounding counties. E-mail valdezd@1stnational.com or see Career Opportunities www.pcbancorp.com About the Company: Pacific Capital Bancorp is a $5+ billion, multi-bank holding company dedicated to providing an enduring network of community banks on the Central Coast of California. This unique partnership of independent banks provides customers in six California counties with the financial strength and product diversity of a big bank, delivered with the responsiveness and personalized attention of a local community bank. |
Sales
|
About the Company: www.odysseyequipfinance.com |
|
About
the Company: |
Sales: Established 20-year
full service lessor seeks sales professional in small or mid ticket
markets. Earn high commissions, with benefits.
Specialist
|
Port Leasing Sales Officer - Port of Long Beach:
conducts/oversees negotiations for leases, permits, property acquisition;
prepares lease proposals; negotiates prop. acquisition; neg. lease
agreements with new/exisiting tenants; develops financial info.
to analyze lease proposals. College degree expected. Contact:
Stuart Satow, CPS Executive Search 916-263-1401,
ssatow@cps.ca.gov
Recruitment brochure |
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Durable-Goods Orders Down Again Last Month
http://www.washingtonpost.com/wp-dyn/articles/A3597-2004Jun24.html
New home sales soar nearly 15% to break record
http://www.usatoday.com/money/economy/housing/2004-06-24-new-homes_x.htm
Mortgage rates fall but are higher than same period
last year
http://www.usatoday.com/money/perfi/housing/2004-06-24-mortgages_x.htm
A Day For Disappointing Earnings
http://www.internetnews.com/bus-news/article.php/3373341
Lockheed Scuttles Plan to Purchase Titan
http://www.washingtonpost.com/wp-dyn/articles/A4281-2004Jun25.html
Tyco's Former Top Lawyer Says He Deserved Big Bonus
http://www.nytimes.com/2004/06/25/business/25tyco.html
AOL Bets $425M on Advertising.com
http://www.internetnews.com/bus-news/article.php/3372921
Spokane Gets 100 Blocks Internet Wireless
http://apnews.myway.com/article/20040624/D83D2EJ00.html
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California Nuts Briefs---
Gov. Arnold Schwarzenegger of California in his office.
Schwarzenegger, Confident and Ready for Prime Time
http://www.nytimes.com/2004/06/24/national/24ARNO.final.html?adxnnl=
1&adxnnlx=1088141455-P0swj786/JDDFx7Af9wKZA
( Schwarzenegger
and how he handles the press in Sacramento)
page 12
http://dailynews.service.com/dailynews/PADN/2004/06/PA_20040621.htm
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“Gimme that Wine”
Panel votes for vine pest funds $42 million to battle
sharpshooter insect, Pierce's disease
(If they can’t eradicate this insect, it may wipe
out vines
the turn of the century, so make plans to visit now,
before
http://www.pressdemocrat.com/business/news/24sharpshoot_e1.html
FRANCE: Wine exports to US slide again
http://www.just-drinks.com/news_detail.asp?art=23644
French chief toasts New Zealand wine purchase
http://www.nzherald.co.nz/storydisplay.cfm?storyID=3574403&thesection
=business&thesubsection=adandmark
East Coast Red Wine Wins A Gold Medal in LA Competition
http://www.vino.com/press/press_release.asp?PRID=367
UCD dedicates Mondavi wine and food institute
http://www.californiaaggie.com/article/?id=4925
Maxfield gathers steam to bring Wine Train to Calistoga
http://www.napanews.com/star/templates/index.cfm?template=story_
full&id=AB6085D1-2B8A-484A-AC1A-AE9DC1399EEE
14th Annual Napa Valley Classic to be Held July 24
in Calistoga
http://www.vino.com/press/press_release.asp?PRID=359
In Champagne's Shadow, the Sun Shines---Eric Asimov
http://www.nytimes.com/2004/06/23/dining/23WINE.html
This Day in American History
1630—Governor Winthrop introduced the fork to American dining.
The
custom was to eat with your sharp knife or hands.
http://www.johnwinthrop.org/
http://www.caer-galen.outlands.sca.org/fork_1096.html
1749
- A general fast was called on account of drought in Massachusetts.
It was the year of the famous dry spring in which fields and villages
burned.
1788-Virginia
became the 10th state to ratify the Constitution. Jamestown,
was the first permanent English settlement in North America, The state,
also known as Old Dominion, was named after the "Virgin Queen",
Elizabeth I of England. Virginia and its capital, Richmond, have played
major roles in American history. Like West Virginia, it names the cardinal
as the state bird. The official state flower of Virginia is the flowering
dogwood.
1825
-- Capture of Bob Forbes, leader
of the Maroons (blacks resisting slavery) in Virginia.
http://en.wikipedia.org/wiki/Indian_slavery
http://www.worldcatlibraries.org/wcpa/ow/c8d8425243f3ef76a19afeb4da09e526.html
1844-President
John Tyler married Julia Gardiner, daughter of a New York State Senator,
at the Church of the Ascension, New York City.
He became the first president to be married in the White House.
His first wife, Letita Christian Polk, whom he had married on
March 29,1813, had died on September 10,1842, in the White House.
1862-Earlier
this month, at Fair Oaks, Virginia, Confederate forces under General
Joseph E. Johnston stalled the Union advance toward Richmond in General
George B. McClellan’s Peninsular campaign.
Johnston was wounded at Fair Oaks and Robert E. Lee was then
appointed commander of the Confederate Army of Northern Virginia. He
then launched a series of engagements on this date that became known as the Seven Days Campaign.
Battles at Oak Grove, Gaine’s Mill’s, Garnett’s Farm, Golding’s
Farm, Savage’s Station, White Oak Swamp and finally Malvern Hill left more than
36,000 casualties on both sides. Despite
losing the final assault at Malvern Hill, the Confederates under the
leadership of General Lee succeeded in preventing the much larger Union
army from taking Richmond.
http://library.thinkquest.org/3055/graphics/battles/7day.html?tqskip1=1&tqtime=0625
1862-First
day of the seven-day battle at Oak Grove
http://www.morssweb.com/hookrbde/7days.shtml#oakgrove
http://www2.cr.nps.gov/abpp/battles/va015.htm
1864-President
Abraham Lincoln signs bill providing schools for Black children
1864-The
Union Army facing mounds of pickets and bunkers decides to dig tunnels under this obstructions
http://lcweb2.loc.gov/cgi-bin/query/I?cwar:20:./temp/~ammem_