|
Chief Credit Officer
Costa Mesa, CA
Report to president. Min.10 years commercial lending/lease exp. Equip./Vehicles/RE loans. Fax Resume to: 714-241-1582 or email to sltidland@goldenwestfinance.com
|
|
|
Monday, March 27, 2006
Headlines---
March 27,2001 Archives---Remember When
Classified Ads---Sales
Top Stories--March 20-24
Advantage Business Capital
Letters-We get E-mail
Cartoon---Why he barks
eLeasing- aggregate funding sources
Alta Group Conference April 19-21
Classified Ads-Help Wanted
License Requirements by State Up-Date
News Briefs--
You May have Missed---
"Gimme that Wine"
Calendar Events
Today's Top Event in History
This Day in American History
Spring Poem
######## surrounding the article denotes it is a "press release"
March 27, 2001 Archives---
Security Financial to Close San Jose Office, Get out of Leasing Business
Security Financial---This company ended their application business in March, 1998. Ken Studer, veteran of Atlantic Financial, among many other companies, took early retirement, and is about to move to his ten acre ranch in Turlock. Len Sampaio, in the business 35 years, the last 27 with Security, is going to take early retirement and the San Jose office will close. Most of their recent business has been either real estate loans or leases secured with real estate. Security Financial will continue in the real estate loan business from their main office in San Francisco.
Terminal Marketing
---
Hearing all kinds of "rumors" from brokers regarding vendors not being paid, while funding source processed the lease, and lessee is making payments to lessor. Some of these companies "cannot" file bankruptcy due to possible fraud, such may the case with Metrolease, among others. These are not just civil matters, but may include Federal law, such as not returning advance rental payments. The Department of Justice is getting very active in this because of all the complaints they have been receiving.
editor
---
We reported the action yesterday of what is happening with PinnFund and PinnLeasing. Here is the story that appeared in the San Diego Union-Tribune:
PinnFund's assets frozen by court here
By Mike Freeman
STAFF WRITER
San Diego Union-Tribune
A federal judge in San Diego froze the assets of Carlsbad's PinnFund USA and its chief executive, Michael J. Fanghella, accused by the Securities and Exchange Commission of an eight-year fraud scheme that raised $276 million and provided $10 million to Fanghella's former girlfriend.
U.S. District Judge Marilyn Huff ordered the freeze, along with other steps to prevent hiding funds, after the surprise withdrawal of the lawyer representing both PinnFund and Fanghella. The judge also named former U.S. Attorney Charles La Bella as receiver to oversee PinnFund, a sub-prime mortgage lender, until the extent of the alleged fraud can be determined. La Bella led a U.S. Justice Department probe of 1996 Clinton-Gore fund-raising practices. Meanwhile, stunned PinnFund employees cleaned out their desks and hugged each other in the parking lot of the company's headquarters yesterday morning. PinnFund employed about 200 workers locally and operated about 60 offices in 28 states. "The only thing we were told is nobody knows what's going to happen and there's no pay," said a PinnFund employee who wished to remain unnamed. "This is a good place to work. PinnFund had a good reputation with (mortgage) brokers. It's just unfortunate that other side happened." On Wednesday, the SEC filed civic fraud litigation against PinnFund; Fanghella; Oakland lawyer James L. Hillman; a company Hillman controls, Peregrine Funding Inc.; and other companies controlled by Hillman.
According to the SEC, Hillman's companies raised money provided to PinnFund and Fanghella. Investors were promised 17 percent returns. Regulators allege a host of violations, including selling unregistered securities and altering financial reports. At least 166 investors are involved. Bogus reports conceal $95 million in losses by PinnFund and the transfer of $107 million to Fanghella since 1997, the SEC contends. According to regulators, Fanghella spent nearly $10 million on gifts for his ex-girlfriend, Kelly Cook, a former porn star who worked under the name Kelly Jaye. Gifts included at $5.2 million house in Laguna Niguel, cash, jewelry and a piano.
Although Cook isn't accused of wrongdoing, the SEC wants the gifts returned. Yesterday, the judge forbid Cook from taking out loans against the house, and from using money obtained by Fanghella for anything besides reasonable living expenses. Cook's lawyer told Bloomberg News that she is entitled to keep the house and other gifts from Fanghella. PinnFund and Fanghella were represented by Los Angeles lawyer Irving Einhorn. He withdrew during a morning conference call, citing conflict of interest. Einhorn appeared to win a victory in court hearings. He convinced Judge Huff that remedies sought by the SEC, such as appointing a receiver and freezing PinnFund's assets, were too severe and would harm PinnFund's business. The judge said she would lift a temporary asset freeze and would appoint a "special master" to investigate PinnFund's business. Afterward, Einhorn said he drove to PinnFund headquarters and met with managers for about 90 minutes. "We discussed what happened, and new information came to light," said Einhorn, who was retained about 10 days ago. "Based on that information, we all agreed that the company had no objections" to the SEC proposed remedies.
Huff also ordered Peregrine Funding, Allied Capital Partners, Grafton Partners and Six Sigma LLC to cease fraudulent activities.
Another business, an equipment leasing firm called PinnLease USA, is located at the same address as PinnFund. The relationship between the two remains unclear. PinnLease's Web site lists PinnFund as the copyright holder on some of its pages. No one answered calls to PinnLease's toll-free phone number yesterday.
------------
On Friday, we printed the web sites of PinnLease USA. We are told from brokers that millions of dollars of leases will not get funded, and approvals will not be honored.
http://www.pinnlease.com/contact.html
http://www.pinnlease.com/regions.html
http://www.pinnlease.com/map.html#top41
[headlines]
--------------------------------------------------------------
Classified Ads---Sales
Golden Gate Bridge
180° Panorama of the Golden Gate Bridge and the San Francisco skyline. *
To view a larger panorama photograph, please go here:
http://www.leasingnews.org/items/LN_Classified/Golden_Gate_large.jpg
Sales: Arizona/Southwest
Leasing and Financial Services Professional. Over 12 yrs+ experience in commercial municipal and federal leasing. Vendor programs and direct lessor, including technology and project finance.
email: leasingrel@yahoo.com
|
Sales: Bakersfield, CA.
I have an extensive sales and management background in equipment leasing. My work history exhibits my major strength in small ticket equipment leasing.
Email: pangress@msn.com |
Sales: Boston, MA.
Middle market originator, construction/Trucks /
Trailers w/ 8 years in territory, looking for company / bank with competitive products
Email: mrichlease@comcast.net
|
Sales: Boston, MA
Strong middle market origination, sales $15-20MM annually. Well-experienced in biz development, particularly trucks, construction, all manufacturing. Prefer traveling North/East territory.
Email: lhegeman@maine.rr.com |
 |
Sales: Cedar Rapids, IA.
Formally trained in Credit, Collections, & Sales with regional bank. Seeking sales or sales management.
Over ten years |
in SM, vendor and end user.
Email: mjrprime@yahoo.com |
Sales: Central, NC.
7 yrs.equip leasing &finance; specialist in heavy construction equip for 2-top-5-specialty finance/lease companies, NC &VA territories. $10-15MM annual funding. Downsized in 2002, now independent broker with varied customer base. Email: sunriseleasing@aol.com |
Sales: Dallas, TX.
17 years of experience in vendor sales. Solid book of business. Can hit the sales ground running in Dallas/Ft. Worth. Can Start ASAP
Email: whomadewho12@yahoo.com |
Sales: Denver CO.
Experienced Equipment Leasing Broker looking for a in house leasing company. Can bring a book of business with me or develop new territory where needed.
Email: Steven@eagle2.net |
Sales: Detroit MI
Motivated self-starter w/5 yrs sales exp. IT leasing. Excellent communicator w/strong negotiation/biz dev. skills. Six-sigma certified w/ Fortune 50 company/book of business.
Email: playmakers1@sbcglobal.net |
Sales: East Central Florida
20+ years experience in all areas of leasing; sales, credit, operations, syndication. Currently independent seeking position with direct middle market lender in regional capacity
email: southernleasing@bellsouth.net |
Sales: Fresno CA.
Account Exec/Manager. 7+ years Leasing Sales: underwriting/contract, complex transactions, hi-tech, government, direct & vendor leasing. Captive & syndicator environments. Expert deal closer. Will send resume.
Email: dsp559@pacbell.net
Resume |
Sales: Greensboro, N.C. Seeking direct & broker sales w/major finance companies in NC or southeast market. Small to mid-ticket range. Stable &family oriented. Will have series 6,63,65 license shortly.
Email: kc1492@aol.com |
Sales: Kansas City, MO.
20 years Senior Sales/Management experience in small ticket/government leasing. Program Management experience, managing 12
Reps. Credit Auth to $50K. Success in soliciting and maintaining accounts.
Email: dhundley1@kc.rr.com |
Sales: Los Angeles CA.
5 years experience structuring off-balance sheet finance solutions on computer and medical equipment. Perform detailed competitive analysis and market research. I uncover leads and sell.
email: barretthawk@hotmail.com |
Sales: Mission Viejo, CA
Account Sales Executive with 10 years of leasing experience looking for company to bring existing customer base.
Email: makelly21@hotmail.com |
Sales: Montgomery, AL.
Individual with 10 years advertising sales exp. & 7 years insurance sales exp. Wants independent contractor situation in Alabama.
Work with leasing company or broker.334-281-5200 E-mail: billmcneal2003@yahoo.com |
Sales: Nashua, NH.
10+ years sales experience small & mid-ticket hi-tech & telecom in a captive and vendor environment. Seeking new sales opportunity in New England.
Email: RPepa@aol.com |
Sales: Newport Beach, CA
Direct sales rep. in the middle market w/22 years experience various types of equipment. Leasing/ financing from medical equip. to
mfg. equip.. Strong closer.
E-mail: pauldriscoll1@lycos.com |
| Sales: Philadelphia , PA Seeking an open opportunity to advance in the automotive, commercial leasing & finance industry......... Email: alexe362002@yahoo.com |
Sales : Philadelphia, PA
25 years in Healthcare and seeking an opportunity to represent a lender for dental/medical funding in the Northeast to
Mid-Atlantic states.
email: mitutz@msn.com |
Sales: Portland, OR.
"Exp. In direct sales and sales mgmt.
I love Portland, but decent here jobs are few. Willing to be re-located, would like to work for you.
Email: pthygeson@netscape.net "
|
Sales: Prairie Village, KS Have substantial deal flow and database of broker referral sources. Generated and closed over $22M LY. Seeking exclusive relationship w/direct founder.
Email: fiergl@aol.com |
Sales: San Francisco Bay Area, CA
10+ yrs in middle market leasing. Seek direct lessor only. Transaction size from $500M to $10.0MM. Client base: printing, food, retail, manufacturing.
Email: edm173@sbcglobal.net |
Sales: San Francisco Bay Area, CA
Currently employed Vendor Program "Hunter", with complex program development experience. Also skilled at program management. Technology to yellow iron assets.
Extensive national rolodex.
Email: VdrPgmBizDev@aol.com |
Sales: SF Bay Area, CA.
15+ yrs--mid mkt. $500M to $10.0MM. Seeking role w/ captive or global leasing firm. large book to bring with me! Debt, tax, 1st amendment, etc.
Email: lac4002@yahoo.com |
Sales: Southern California
Equipment Financing Professional with strong background in Sales, Management, Marketing & Operations. Will consider relocation for Senior Sales or Management position offering dynamic growth opportunity.
Email: natsif@hotmail.com |
Sales: South Central U.S.
TX, OK, KS & AR Territory.
Equipment finance and leasing professional, 20 years experience. Top producer in middle to upper middle markets. Extensive customer base.
Email: usleasingrep@yahoo.com |
|
For a full listing of all "job wanted" ads, please go to:
http://216.66.242.252/AL/LeasingNews/JobPostings.htm
To place a free "job wanted" ad, please go to:
http://216.66.242.252/AL/LeasingNews/PostingForm.asp
*Golden Gate Bridge
180° Panorama of the Golden Gate Bridge and the San Francisco skyline.
Print Pricing
180° Panoramas
360° Panoramas
6" x 20" $34.00 6" x 40" $53.00
9" x 30" $58.00 9" x 60" $86.00
12" x 40" $79.00 12" x 80" $138.00
15" x 50" $136.00 15" x 100" $227.00
18" x 60" $189.00 18" x 120" $425.00
http://inetours.com/Prints/SFprints/GGBnB/GGBnBeaches_Gal1.html
[headlines]
--------------------------------------------------------------
Top Stories--March 20-24
Here are the top ten stories most "opened" by readers last week.
(1) Marlin Leasing Officers continue to dispose of stock:
http://www.leasingnews.org/archives/March%202006/03-20-06.htm#marlin
(2) Wal-Mart Leasing, Inc.? by Shawn Halladay
http://www.leasingnews.org/archives/March%202006/03-23-06.htm#walmart
(3 ) Shieman Out as Head of the Matsco Companies
http://www.leasingnews.org/archives/March%202006/03-23-06.htm#matsco
(4) More on Shieman not at the Matsco Companies
http://www.leasingnews.org/archives/March%202006/03-24-06.htm#matsco
(5) Feds Approve National City Acquisition
http://www.leasingnews.org/archives/March%202006/03-24-06.htm#feds
(6) New NorVergence Settlement Numbers
http://www.leasingnews.org/archives/March%202006/03-24-06.htm#norv
(7) Archives: Peter Eaton Moves to Wisconsin
http://www.leasingnews.org/archives/March%202006/03-24-06.htm#archives
(8) "Funder" List up-dated
http://www.leasingnews.org/archives/March%202006/03-20-06.htm#funder
(9) Myspace #5 by Kit Menkin
http://www.leasingnews.org/archives/March%202006/03-23-06.htm#space
(10) Microsoft Financial to Grow: Watch Out
http://www.leasingnews.org/archives/March%202006/03-23-06.htm#micro
[headlines]
----------------------------------------------------------------
Advantage Business Capital joins "Broker/Lessor" list
Third Column: YES - Year Company Started | YELB - Years in equipment Leasing Business
A - City Business License | B- State License | C - Certified Leasing Professional |
D - State(s) sales/use tax license |
E - Named as "lessor" on 50% or more of lease contract signed. |
|
Name
City, State
Contact
Website
Leasing Association
|
YCS
YELB
(see above for meaning) |
|
|
|
|
|
|
|
D |
|
46. |
Advantage Business Capital, Inc.
Lake Oswego, Oregon
Ross Relda
503.431.2011 x103
www.aelusa.com
NAELB (Q)
|
1996
12 |
8 |
Pacific Northwest |
$10K |
N/R |
* |
Y |
Y |
* |
Y |
(Q) Advantage Business Capital, Inc. has 2 CLP's in the company - Paul Jacobellis & Cathy Clark.
To view the full list, please go here:
http://www.leasingnews.org/Brokers/broker_Lessor.htm
[headlines]
----------------------------------------------------------------
Letters-We get E-mail
"ICB Leasing's Saint Patrick's Day Parade Open House was spectacular. We had over 50 attendees who viewed the parade from our 4th floor offices overlooking 5th Avenue.
"The parade lasted over three hours and due to the very cold weather, most of our guests went down to street level then popped back up for lunch and a green beer. The corned beef was plentiful and the home made soda bread was special. We plan on making this a yearly event open to our customers, lessors and their families!"
IRA Z. O'ROMOFF
DIRECTOR OF LEASING
ICB LEASING CORP.
551 FIFTH AVENUE
4TH FLOOR
NYC, N.Y. 10176
212 209-9177
212 209-9179 (FAX)
201 776 7040 (CELL)
IRomoff@ICBNY.com
--
Up-Date to Story Credit and Funding List
"Thank you for your help. I saw it and have already had a couple brokers inquire about us. Obviously people do read your newsletter to find out what's going on in the industry. Be glad to but that first round in Minneapolis if you plan to attend the NAELB conference. If not, I'm sure we'll meet sometime. Thanks again!"
Norm Malkowski
Mesa Leasing, Inc.
4180 Ruffin Road, Suite 205
San Diego, CA 92123
(858) 541-1002
(858) 541-1006 Fax
(619) 743-7111 Cell
MESA LEASING is now accepting lease applications from Arizona, California, or Nevada. Contact me for more information.
(Sorry, not able to attend the Minneapolis conference. But I'll take you up on a glass of wine at the next conference we both attend. Kit Menkin)
---
"Liked your Wal-Mart editorial
quite a bit"
Theresa M. Kabot
Kabot Commercial Equipment Finance
800.987.9257 phone
206.301.9886 fax
303.484.4558 fax
with offices in Colorado and Washington and financing equipment in all 50 States
http://www.leasingnews.org/archives/March%202006/03-24-06.htm#walmart
----
Larry LaChance-Marlborough Chamber of Commerce Business Person of the Year
Sandra LaChance with husband Larry
"Thank you for running the story. You have more exposure to the Leasing Industry than anyone else has. I received over a dozen e-mails of congratulations the first day it ran. Some from people I hadn't heard from in over 2 years but who knew me. That exposure is Priceless. Couldn't have done it without you.
"Thanks again!"
Larry LaChance
Bankers Capital
5 Mount Royal Avenue
Marlborough, MA 01752
508-229-0660-phone
508-229-0262-fax
llachance@bankers-capital.com
--
Portfolio Collection & Customer Service Specialist, Irvine, CA
"How does this look for our ad? Let me know if you'd like to spruce it up a bit, and what we need to do to get this posted this week.
"We continue to grow and I have always enjoyed your newsletter. The 'Sales Make It Happen' articles have actually been very beneficial for my younger reps in training.
"Thanks again. Will we see you in Dana Point? "
Tom
Tom Kenaley
GENESIS COMMERCIAL CAPITAL
http://216.66.242.252/AL/LeasingNews/JobPostingsWanted.htm
(Yes, will be at the UAEL Conference in May at Dana Point to give Paul Menzel, CLP, the Leasing News Award for Leasing Person for the Year 2005. See you then. Kit Menkin.)
"We have no connection to NorVergence, but I have been following the coverage of this fascinating case from the sidelines via Leasing News.
"It always amazes me that people create these incredibly brazen fraud schemes with (apparently) no expectation of getting caught, which seems to be the utterly inevitable outcome. I mean "the black boxes" were virtually worthless and apparently didn't do "anything" they were promised to do. What else could have happened besides an eventual implosion? The similarly brazen greed of the household-name funding sources that piled onto "the gravy train" to fund these deals under the most dubious business assumptions is even more shocking.
"What I am curious about is what "effects" are going to be felt from this debacle. I wonder how the involved and uninvolved funding sources are going to deal with this, what changes in procedures and due diligence are likely to occur and what lessons the funding sources feel they have learned--and how those lessons are likely to impact the broker community? Also, have the heads started to roll yet in "the blame game?"
"I think this would be an interesting "aspect" of your story coverage."
Regards,
Bob@LeaseExperts.com
First Capital Equipment Leasing Corp.
508-833-2228 x-22
Celebrating 21 Years -- April 4th, 2006!
www.LeaseExperts.com
---
NorVergence lessee
"It gets better. They left one of their candy boxes in my office when I wasn't in. My very astute Office Manager, who by the way, also insisted I see the man from NorVergence, allowed this to happen. We thought it was for a god cause. I guess the Salzano's got me twice! I just want to see what happens to these scummy people, now that they're being investigated."
Jody NIchilo
246 Highway 34
Matawan, N.J. 07747
1-888-590-7370 Ext. # 11
[headlines]
----------------------------------------------------------------
[headlines]
----------------------------------------------------------------
eLeasing- aggregate funding sources
( Soley eLease brokers/online brokers/super brokers )
Top eLeasing companies as ranked by employees and volume
|
Rank |
Company Name
Year Founded |
Employees |
CEO |
Additional Services Offered |
Yearly Volume |
Major Clients |
|
1 |
Captara
1998
(formerly puremarkets.com,
last year
raised an addition $4 million and evidently
emphasizing new products.) |
70 |
Michael Caglarcan |
advisory service, online marketplace and web-based tools, providing access to both leases and secured loans |
N/R |
N/R |
|
2 |
Emarketcapital.com
2000
(formely known asleaseexchange.com
1999) |
21 |
Jonathan Moran |
N/R |
N/R |
Gerber Scientific, HPM, Barco Inc., Mellon Leasing Corporation, GMAC Mortgage Equipment Finance Group. |
|
3 |
Leasing.com
N/R |
14 |
C.Allen Rice |
N/R |
N/R |
N/R |
|
4 |
Efinance.com
1999 |
5* |
Reid Rutherford |
N/R |
N/R |
NEC, Costco, eScout |
|
5 |
Govlease.net
N/R |
N/R |
N/R |
N/R |
N/R |
N/R |
[headlines]
----------------------------------------------------------------
Alta Group Conference to Examine Dilemma faced by Lessors
LAKE TAHOE, Nev., To convert or not to convert? That is the question many lessors and asset finance providers are asking themselves these days, as they evaluate their business technology platforms.
Is it worth the significant commitment in time and money to migrate to one of the new accounting applications available, or does it make more sense to continue with legacy systems?
This dilemma will be explored in-depth at The Alta Group's Creating IT Solutions in Leasing conference at the Chicago Marriott Oakbrook, April 19-21, 2006. Persons interested in attending the event can register by calling 801-322-4499.
"There are technology platforms available in North America now, all of which offer features that claim to help lessors operate more efficiently and grow profits," said Shawn Halladay, Alta Group principal and event moderator. "We've invited representatives from select lease accounting software companies to present the pros and cons of these applications and present their products' real functionality using actual lease transactions and business requirements. We promise substance in their demonstrations and no fluff."
In addition to Halladay, scheduled speakers at this year's conference include Dr. Pat Preston of Harvard University, who will discuss how information technology systems can actually deliver real business value; Andrew Denton, CHP Consulting; John McCue, McCue Systems; like-kind exchange experts at PriceWaterhouseCoopers; consultants from Tata Consultancy Services; Mark Belec, Bearing Point and Tom Matlon, a recognized leasing systems consultant.
The keynote, panel and concurrent sessions are designed for senior personnel with responsibility for implementing, managing and maximizing the value of their companies' information systems and processes. These include COOs, CFOs, CIOs, IT managers, portfolio/equipment managers, conversion specialists, auditors and quality teams.
To make the conference as valuable as possible, separate learning tracks address issues pertaining to information technology conversion and portfolio management concerns.
"We recognize everyone has their own business requirements," Halladay said. "The ultimate goal for this event is to provide an open review of the applications and how they interact with others to help attendees determine their back-end system strategies."
This year's event includes discussions on the following topics:
. A real look at the benefits and challenges of a legacy system, new application or ASP.
. How the new technology platforms available help solve actual business issues faced by lessors and asset finance companies.
. Challenges of migrating from legacy systems to new applications.
. How the new applications handle actual lease examples, including asset splits, buyouts and residual impairments.
. Business issues and systems challenges of securitizations, subsidies and guarantees.
. Approaches to increasing revenue within the existing portfolio.
. Best practices for residual reviews under Sarbanes-Oxley.
. Managing and forecasting equipment revenue.
The Alta Group is a global consultancy serving equipment leasing and finance companies, investment professionals, manufacturers, banks and government organizations. Founded in 1992, The Alta Group supports clients in North America; Latin America; Western, Central and Eastern Europe; Australia and China. For more information, visit www.thealtagroup.com .
[headlines]
--------------------------------------------------------------
Classified Ads-Help Wanted
Account Executive
 |
At Dell Financial Services, we fuel your potential with the kind of challenging opportunities and hands-on support you need to grow. We're the exclusive provider of leasing and finance services for Dell technology systems worldwide. If you're ready for your chance to take the field, join our team as a:
Account Executive
Responsible for working remote out of a home office in the states of MI, GA, WA, CO, CA and MN. We're looking for seasoned candidates with 8+ years of Equipment Leasing Sales experience with a successful track record of increasing market/account penetration by assigned segment and/or geographic region, improving customer satisfaction and growing the business for long term results. You will be working in a relationship sales environment directly with CFOs, CIOs, CEOs and other high-level executives. If this type of opportunity sounds appealing, please send a copy of your resume to US_DFS_STAFFING@dell.com
|
|
|
Account Executive
Seeking an assertive, goal-oriented, profit-motivated Account Executive with sales experience in the equipment finance industry for Irvine , California headquarters. Unlimited earning potential - competitive salary with bonus and commission. Send resumes to llewis@calfirstlease.com or log on to www.calfirstjobs.com/apply_now.htm to apply for position.
|
|
Business Development Officer
|
Business Development Officer-
Golf Industry
Located in SE region of U.S.
This opportunity with VGM Financial Services (affiliate of TCF Financial Corp.) offers rewards for selling vendors & leasing programs to golf car & turf equipment manufacturers, dealers/distributors & golf clubs. You'll work with VGM Club, largest buying group in golf industry, to facilitate eqpm't financing needs of member courses. BS & 5 yrs vendor/leasing sales exp. req'd, including golf industry eqm't financing. Send resume & letter to: jclark@vgmfs.com
|
|
|
Chief Credit Officer
|
Chief Credit Officer
Costa Mesa, CA
Report to president. Min.10 years commercial lending/lease exp. Equip./Vehicles/RE loans. Fax Resume to: 714-241-1582 or email to sltidland@goldenwestfinance.com
|
|
|
Financial Analyst
|
Financial Analyst - Irvine, CA
CalFirst Leasing Corporation is looking for experienced individual with a commercial credit analysis background. This opportunity affords a competitive salary plus great medical and 401k benefits. If you have a minimum of 2 years commercial credit analysis background, please send us your resume to learn more about this exciting opportunity. Send resumes to bbumblis@cfnbc.com.
|
|
Lease Coordinator
|
 |
Lease Coordinator, Accurate preparation of equipment lease documentation and funding. Knowledge of leasing industry preferred. email kgoo@celticleasing.com
|
|
Lease Representatives
 |
Seeking Lease Representatives
in Baltimore, Atlanta,
Charlotte or Raleigh.
In these positions, you will develop and maintain relationships with lease brokers, leasing companies, equipment vendors and direct lessees throughout the Region. Must be knowledgeable in indirect/third party transactions ranging from $15K and up and have the necessary in-market experience. Please apply on-line at www.mandtbank.com.
At M&T Bank, we provide an exciting and challenging work environment where performance and innovative thinking are encouraged and rewarded at every level. With over 700 branches, your career can travel as far as you want to take it!
|
|
Portfolio Collection & Customer Service
|
Portfolio Collection & Customer Service Specialist, Irvine, CA
Small ticket lessor seeks candidates with related work experience in the equipment leasing industry. Candidates must possess strong verbal/written communication and negotiating skills. Competitive comp package and outstanding work environment! Please e-mail resumes: recruiter@gen-cap.com.
|
|
Sales Manager
|
Sales Manager - Irvine, CA
We're looking for a detail oriented, profit driven Sales Manager with 10 years experience in sales and/or management in the middle ticket equipment finance/leasing industry. Great opportunity for huge earnings potential as we offer a competitive salary with bonus and commission. Send resumes to llewis@calfirstlease.com .
|
|
[headlines]
--------------------------------------------------------------
License Requirements by State Up-Date
One of the many reasons to belong to the Equipment Leasing Association is their excellent legal library and reference materials that are kept up to date and free to members. It pertains to the leasing industry from "evergreen clauses," "attorney fee reimbursements," "late charges," "usury laws," and many items of interest to all those involved in vehicle and equipment leasing (and finance.)
Since it is for "members only," Leasing News respects this privilege. In developing "License Requirements by State" for our readers, we have been relying on our readers! One of the developments in creating the "Broker/Lessor" list is to obtain a copy of the state license when a reader completes the form requested (that is when they are licensed---unfortunately many are not, including those who do business in California.)
As many of the disclaimers state, Leasing News is stating that its information is not complete nor meant to give legal advice, and any such advice should come from an attorney who specializes in equipment law in the state you seek legal information. We make no guarantees, but strongly recommend your company be licensed, if so stated on the Leasing News "Lease/Loan Statutes.
The latest we add to the list is Ohio :
Ohio: Department of Commerce, Division of Financial Institutions
(Certificate to engage in the business of a credit services organization in accordance with the provisions of Sections 4712.01 to 4712.14 of the revised code of Ohio, subject to all the provisions thereof and to the regulations of the division.) Ohio Department of Taxation requires a "Vendor's License" under provision 5739.17 of the Revised Code (...is hereby authorized to sell tangible personal property and selected services at the retail location specified below.) This also makes the lessor responsible for all taxes with penalties for not doing so.
To view the Loan/Lease Statutes, please go here:
http://www.leasingnews.org/Conscious-Top%20Stories/Loan_Lease_Statue.htm
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### Press Release ###########################
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News Briefs----
Get Ready for No. 15 in a Series at the Fed
http://www.nytimes.com/2006/03/27/business/27fed.html?_r=1&oref=slogin
A Stickier Trade Gap
http://www.nytimes.com/2006/03/26/business/yourmoney/26view.html?pagewanted=all
Deal Profile: National Bancshares to acquire Metrocorp for approximately $79 million
http://www.snl.com/interactivex/article.aspx?CdId=A-2404605-12904
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You May have Missed---
APPLE TURNS 30
The man behind the Mac
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2006/03/26/MNG7EHUEQ51.DTL
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"Gimme that Wine"
Parker: I'm targeted and misunderstood
http://www.decanter.com/news/82062.html
Decanting Robert Parker
http://www.nytimes.com/2006/03/22/dining/22pour.html
Swanson Vineyards Goes on the Offensive: Specialized seminar and website on Merlot--
www.merlotfightsback.com
http://www.winebusiness.com/news/DailyNewsArticle.cfm?dataid=42177
www.winezap.com
http://www.wine-searcher.com/
If you want to know if you got a value for your wine, or what the wine price is today, go to www.winezap.com Type in the vintage (year) and name of the producer with wine type or geographic area, such as 1995 Chateau Lynch Bages Pauillac. Even 1995 Lynch Bages will work, or 1999 Viader
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Calendar Events This Day
Fly A Kite Day
Music Song Titles Day
We love those old country music quirky song titles, and this day is set aside to create some new ones. www.wellcat.com
National Exchange Day
Anniversary of the day when the first Exchange Cub was founded at Detroit, MI, by Charles A Berkey. Since 1911, Exchange clubs have been working to improve their communities through service projects, by promoting patriotism, and pride of country and through their national project. www. nationalexchangeclub.org
Photography Day
World Theatre Day
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Today's Top Event in History
1884-the first long-distance telephone call was made by branch managers of the American Bell Telephone Company in Boston, MA, and New York City. Said a contemporary account: The words were heard as perfectly as though the speakers were standing close by, while no extra effort was needed at the other end of the line to accomplish the result."
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This Day in American History
1792-the first Congressional investigation was authorized after troops under the command of Major General Arthur St. Clair were defeated by Native American forces near the Ohio-Indiana border on November 4, 1791. The House of Representatives, by a vote of 44-10, resolved " that a committee be appointed to inquire into the causes of the failure of the late expedition under Major General St. Clair; and that the said committee be empowered to call for such persons, papers and records as may be necessary to assist their inquiries. " the seven member committee, which was headed by Thomas Fitzsimons, a federalist of Pennsylvania, absolved St. Clair and ruled that his defeat " can in no respect be imputed to his conduct either at any time before or during the action." St. Clair nonetheless resigned his army command, retaining his post as governor of the Northwest Territory.
1836- The Mormon Temple built in Kirtland, Ohio by Joseph Smith, the founder of the Church of Jesus Christ of Latter-Day Saints (or Mormon Church) was dedicated. He had moved to Ohio with 50 families.
1855-kerosene distilled from bituminous shale and cannel coal for illuminating purposes was obtained by Dr. Abraham Gesner. The name "kerosene" is derived from keros, the Greek work for wax, referring to the use of paraffin in the distillation process.
1860 - The device which, officially, is a "covered gimlet screw with a 'T' handle", or corkscrew, was patented this day by M. L. Byrn of New York City
1868- Birthday of Patty Smith, schoolteacher, author and education specialist, was born at Anchorage (suburb of Louisville), KY. She was author of the lyrics of the song "Good Morning to All," which later became known as "Happy Birthday to You." Her older sister, Mildred J. Hill, composed the melody for the song which was first published in 1893 as a classroom greeting in the book Song Stories for the Sunday School. A stanza beginning "Happy Birthday to You" was added in 1924, and the song became arguably the most frequently sung song in the world. Hill died at New York, NY, May 25, 1946
1879-birthday of Edward Steichen, celebrated American photographer. Born at Luxembourg, Germany, and died Mar 25, 1973, at West Redding, CT
http://www.cosmopolis.ch/english/cosmo13/steichen.htm
1884-the first long-distance telephone call was made by branch managers of the American Bell Telephone Company in Boston, MA, and New York City. Said a contemporary account: The words were heard as perfectly as though the speakers were standing close by, while no extra effort was needed at the other end of the line to accomplish the result."
1890 - An outbreak of tornadoes occurred in the Ohio Valley. One of the tornadoes struck Louisville KY killing 78 persons and causing four million dollars damage.
1906-Clarinet player Pee Wee Russell birthday
http://www.redhotjazz.com/peewee.html
1909-tenor saxophone player Ben Webster born Kansas City, MO
http://jazzcanadiana.on.ca/_WEBSTER.HTM
1912-Cherry trees planted on the Potomac River.
http://memory.loc.gov/ammem/today/mar27.html
1914 --Birthday of Snooky Lanson (Roy Landman), Singer, vocalist on Your Hit Parade on radio and TV.
1917 ---US purchases Danish West Indies for $25M & renames them Virgin Islands.
http://www.usvitourism.vi/
1924- Birthday of Sarah Vaughn, legendary jazz singer, born at Newark, NJ, renowned for her melodic improvising, wide vocal range and extraordinary technique. She began her career by winning an amateur contest at New York's Apollo Theater in 1943. She was spotted and hired by Earl Hines to accompany his band as his relief pianist as well as singer. As her career took off, she was given the nickname "The Divine One" by Chicago disc jockey Dave Garroway, a moniker that would remain with her the rest of her life. She toured with the Norman Granz Gramacy Jazz Group of Charlie Parker and Dizzy Gillespie in the early 1950's.
http://www.parsec-santa.com/celebrity/celeb_pages/SarahVaughn.html
1939-The Oregon Ducks defeated the Ohio State Buckeyes, 46-33, to win the first NCAA men's basketball tournament. Oregon beat Texas and Oklahoma to reach the final, held at Northwestern's Patten Gymnasium. Ohio State defeated Wake Forest and Villanova in the eastern half of the eight-team draw.
1945 - Ella Fitzgerald and the Delta Rhythm Boys recorded "It's Only a Paper Moon" for Decca Records.
1950 - Jazz pianist Erroll Garner became one of the first jazz instrumentalists to give a solo concert. He played the Music Hall in Cleveland, OH. In 1954, Garner would gain international applause for writing and recording a standard that has been presented many times since: "Misty". Johnny Mathis and Sarah Vaughan are but two of many recording artists to offer vocal renditions of this renowned Garner composition. Play "Misty" for me. I believe I have all his albums and play them often at the office.
1950---Top Hits
Music, Music, Music - Teresa Brewer
There's No Tomorrow - Tony Martin
If I Knew You Were Comin' I'd've Baked a Cake - Eileen Barton
Chatanoogie Shoe Shine Boy - Red Foley
1951 - Frank Sinatra recorded "I'm a Fool to Want You" for Columbia. This was one of the last songs Sinatra recorded for Mitch Miller, who had taken over as head of recording for the label.
1953 -- The State Department bans Dashiell [DASH-ell] Hammett's novels from its overseas libraries. This year, Senator Joseph McCarthy sent aides Roy Cohn & G. David Schine on a tour of U.S. libraries in Europe to ferret out so-called subversive books. McCarthy's boys found 300 Hammett detective stories there. Questioned by Cohn in front of the House Un-American Activities Committee, Hammett would not say whether he was a Communist, when he wrote the books, nor whether royalties ended up in party coffers. Hammett frustrated the committee with these ambiguous words,
"If I were fighting Communism, I don't think I would do it by giving people any books at all."
http://www.mysterynet.com/hammett/
http://www.thrillingdetective.com/spade_sam.html
1955 - Steve McQueen made his network TV debut on "Goodyear Playhouse". McQueen starred in "The Chivington Raid". In 1958, McQueen was starred in his own TV series, "Wanted Dead or Alive", on NBC. My father Lawrence Menkin wrote many of the scripts.
1955-the first Jewish mobile synagogue was dedicated, called the Circuit Riding Rabbi Buss, at the Amity Country Club, Charlotte, NC. It was the project of the North Carolina Association of Jewish Men. The first rabbi was Harold A. Friedman. The bus was equipped with desks, blackboards, maps, a projection machine, a record player, and a library.
1957 - Jerry Lewis (in Hollywood) and actress Celeste Holm (in New York City) hosted the 29th Annual Academy Awards at the RKO Pantages Theater, Los Angeles. Best Picture, "Around the World in 80 Days" (Michael Todd, producer). There were many other epic productions it competed against, including Cecil B. DeMille's "The Ten Commandments". Others of that genre included "The Rainmaker"; "Richard III"; "The Bad Seed"; King Vidor's "War and Peace"; and "High Society"; "Written on the Wind", "The King and I" and "Anastasia". "Around the World in 80 Days" received additional accolades for Best Writing/Best Screenplay - Adapted (James Poe, John Farrow, S.J. Perelman); Best Cinematography/Color (Lionel Lindon); Best Film Editing (Gene Ruggiero, Paul Weatherwax); and Best Music/Scoring of a Dramatic or Comedy Picture (Victor Young). The Oscar for Best Director went to George Stevens for "Giant". Best Actor was Yul Brynner for "The King and I" and the Best Actress prize was given to Ingrid Bergman for "Anastasia". Anthony Quinn was Best Supporting Actor in for "Lust for Life" and Dorothy Malone was Best Supporting Actress in "Written on the Wind". The Best Music/Song Oscar was awarded to Jay Livingston and Ray Evans for "Whatever Will Be, Will Be (Que Sera, Sera)" from "The Man Who Knew Too Much".
http://www.infoplease.com/ipa/A0148697.html
1958---Top Hits
Don't/I Beg of You - Elvis Presley
Tequila - The Champs
Breathless - Jerry Lee Lewis
Ballad of a Teenage Queen - Johnny Cash
1958 - CBS Laboratories announced a new stereophonic record that was playable on ordinary LP phonographs, meaning, monaural. In stereo, on the proper equipment, a new rich and fuller sound was heard. It eventually became a standard for record and equipment buyers.
1961- the first mobile computer assignment was undertaken for the Douglas Aircraft Corporation, Charlotte, NC. Remington Rand Univac, a division of the Sperry Rand Corporation, New York City, equipped a motor van with a UNIVAC Solid-State computer. Today's palm pilots have more ram and also run much faster. The ability of a laptop computer was thought a Captain Video science fiction fantasy.
1962- In Louisiana, Archbishop Joseph Francis Rummel ordered all Roman Catholic schools in the New Orleans diocese to end segregation.
1964- The strongest earthquake in North American history (8.4 on the Richter scale) struck Alaska, east of Anchorage. 117 people were killed. This was the world's second worst earthquake of the 20th century in terms of magnitude.
1966---Top Hits
The Ballad of the Green Berets - SSgt Barry Sadler
19th Nervous Breakdown - The Rolling Stones
Nowhere Man - The Beatles
Waitin' in Your Welfare Line - Buck Owens
1969-Bo Diddley opened at the San Francisco Winterland.
1970-Birthday of singer Mariah Carey, Long Island, NY.
1971 - UCLA became the first team ever to win five consecutive NCAA basketball titles. The Bruins defeated Villanova 68-62. UCLA, under coaching legend John Wooden, dominated NCAA tournament play until 1974, when North Carolina State won the tourney. The Bruins roared back in one season to win the championship once more.
1971 - Janis Joplin started her second (and final) week at the top of the pop music charts with the hit, "Me and Bobby McGee", written by Kris Kristofferson.
1972 - Adolph Rupp of the University of Kentucky retired after 42 years of coaching the Wildcats. During his long tenure at Kentucky, Rupp won 874 games for a winning average of 82.1 percent. Rupp was second only to Clair Bee who coached at Rider College in New Jersey and at Long Island University.
1973 - It was Oscar night (for the 45th time) at the Dorothy Chandler Pavilion, Los Angeles. The show was hosted by Carol Burnett, Michael Caine, Charlton Heston and Rock Hudson. Most people, when offered an Academy Award, can't get up to the stage fast enough to claim the little gold guy. But, Marlon Brando said, "You can keep it," when AMPAS offered him the Oscar for Best Actor for his performance as "The Godfather". Brando refused to accept the award because he felt that the U.S. and Hollywood were discriminating against American Indians. "The Godfather" (Albert S. Ruddy, producer) also was awarded the prize for Best Picture. That Oscar was accepted, as were several for "Cabaret": Best Director (Bob Fosse), Best Actress (Liza Minnelli) and Best Supporting Actor (Joel Grey). Best Supporting Actress was Eileen Heckart for "Butterflies are Free" and the Best Music/Song prize went to Al Kasha and Joel Hirschhorn for "The Morning After" from "The Poseidon Adventure".
http://www.infoplease.com/ipa/A0149237.html
1974---Top Hits
Dark Lady - Cher
Sunshine on My Shoulders - John Denver
Mockingbird - Carly Simon & James Taylor
There's a Honky Tonk Angel (Who'll Take Me Back In) - Conway Twitty
1977 -- Worst accident in aviation history occurs when a Pan Am 747 collided with a KLM 747 on a runway in Tenerife in the Canary Islands, resulting in about 580 deaths.
1982---Top Hits
I Love Rock 'N Roll - Joan Jett & The Blackhearts
Open Arms - Journey
We Got the Beat - Go-Go's
She Left Love All Over Me - Razzy Bailey
1984 - The temperature at Brownsville, TX, soared to 106 degrees, and Cotulla, TX, reached 108 degrees, equalling the March record for the U.S.
1985 - Billy Dee Williams received a star on the famous Hollywood Walk of Fame. His place, for those looking to visit, is located between Joan Davis and Harry Carey.
1988-- World Ladies Figure Skating Championship in Budapest won by Katarina Witt (German Democratic Republic)
1988--- World Men's Figure Skating Championship in Budapest won by Brian Boitano (USA)
1988 - Temperatures rose quickly, then dropped just as rapidly, in the central U.S. Eight cities reported record high temperatures for the date as readings soared into the 80s. In southeastern Colorado, the temperature at Lamar CO reached 91 degrees. Strong southerly winds gusted to 63 mph at Gage OK. Strong northwesterly winds, gusting to 61 mph at Goodland KS, then proceeded to usher much colder air into the area.
1990---Top Hits
Black Velvet - Alannah Myles
Love Will Lead You Back - Taylor Dayne
I Wish It Would Rain Down - Phil Collins
Hard Rock Bottom of Your Heart - Randy Travis
1990 - Temperatures dipped into the teens and single numbers in the northeastern U.S. Scranton PA tied their record for the date with a morning low of 18 degrees. Temperatures warmed into the 60s and lower 70s in the Pacific Northwest. The afternoon high of 65 degrees at Astoria OR equalled their record for the date
1995 - David Letterman was the host of the 67th Annual Academy Awards at the Shrine Auditorium, Los Angeles. The Best Picture was "Forrest Gump" (Wendy Finerman, Steve Starkey, Steve Tisch, producers). Robert Zemeckis and Tom Hanks won Oscars for Best Director and Best Actor, respectively, in ... you got it ... "Forrest Gump". The Best Actress prize was claimed by Jessica Lange for "Blue Sky". Best Supporting Actor was Martin Landau for "Ed Wood" and the Best Supporting Actress award went to Dianne Wiest for "Bullets Over Broadway". The Best Music/Song Oscar went to Elton John (music) and Tim on You Feel the Love Tonight". Rice (lyrics) for the fine job they did for the animated movie, "The Lion King", with the song, "Can You Feel the Love Tonight?
" http://www.infoplease.com/ipa/A0149926.html
NCAA Basketball Champions This Date
1939 Oregon
1945 Oklahoma A&M
1951 Kentucky
1971 UCLA
1978 Kentucky
2005 North Carolina
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Spring Poem
SPRING IS HERE
Winter is gone, just look around and see;
The snow is turning into slush,
Joining the singing river going down to the sea,
And over all there is a mysterious hush.
The soft warm winds are whispering,
"The bride in all her finery will soon be here!"
The bride (we call her Spring) - she's frolicking
Over the landscape, without fear.
She laughs at the trees' bare limbs
Till they tremble and call forth their leaves
To make a dress so green and trim,
Then joyfully they sway with the breeze.
The flowers sleeping beneath the ground
Awake and send up their blossoms to hear,
Then coquettishly join with the singing birds all around,
Acclaiming, "Spring is here, Spring is here!"
Bee Samann
"Easy Reading Poems"
Vantage Press, NYC
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