Monitor - November/December 2011

SOCIÉTÉ GÉNÉRALE EF RECEIVES ‘VENDOR FINANCE PROVIDER OF THE YEAR’ FOR THE SECOND YEAR IN A RO W, Société Générale Equipment Finance received the “Vendor Finance Provider of the Year” award at the Leasing Life Awards Ceremony in Munich, Germany.

A panel of judges, specialists and industry professionals distinguished Société Générale Equipment Finance in a competition between major international companies as the vendor finance provider of the year for “its determination to grow in vendor finance by building and reinforcing partnerships, developing creative sales strategies and vendor offerings across a broad range of business segments.”

Leasing Life, a magazine specializing in leasing and asset finance, launched the Leasing Life Awards in 2007 in order to recognize the best companies and industry leaders in Europe. Société Générale Equipment Finance was previously recognized by Leasing Life in 2007, 2008 and in 2010. n

Banks

Attention Captives
Independents

LCA Bank Corporation received a capital injection from the U. S. Treasury Small Business Lending Fund and is expanding its portfolio purchase program.

Portfolio Purchases
- $10 MM to $100 MM -
Pool Purchases and Guidance Lines
- $1 MM to $10 MM -

GE Capital Expands Leasing in India GE Capital is expanding its leasing business in India and aiming for an exponential increase in leasing business volume in 2012. GE Capital India is entering into new leasing asset areas and expanding its existing presence in automotive and equipment leasing for corporate organizations.

 Service retained or released  Individual exposures under $150,000

 Weighted average remaining term under 60 months

 Most categories of essential business use assets

Portfolio Purchase Program Benefits

De Lage Landen Wins
‘Green Lessor of the Year’
De Lage Landen (DLL)
won the Green Lessor
of the Year Award
2011, which honors
the lessor making
the biggest inroads
into green technology
finance and cutting the
environmental impact
of daily operations. This
is the second time DLL
was given this award,
which it received as part
of VRL Financial News’
Leasing Life Awards
2011 at the Leasing Life
European Conference.

Latin American EF
Industry Drops 6%
According to annual
research by The Alta
Group Latin American
Region, the region’s
overall leasing portfolio
declined 6% in 2010
as measured in U.S.
dollars. Brazil’s leasing
industry, which holds
63% of the region’s
portfolio, decreased
9% in 2010. Large
bank-affiliated leasing
companies drove the
downturn, while captive
leasing companies
and vendor-oriented
leasing companies
achieved notable
success. Other countries
with declining leasing
portfolios included
Guatemala (95%),
Dominican Republic
(55%), Venezuela (41%),
Ecuador (35%) and
Puerto Rico (30%).
Countries achieving
growth in challenging
times included Colombia
(7%), Peru ( 12 %),
Mexico (19%), Chile
( 22 %), Bolivia ( 25 %),
Argentina (68%) and
Costa Rica (147%).

Société Générale EF Names Ducholet CEO Société Générale Equipment Finance (SGEF) named Marie-Christine Ducholet CEO effective October 1, 2011. She succeeded Jean-Marc Mignerey, who led SGEF since its creation in 2001. Ducholet joined Société Générale in 1985. From 1990 to 2001, she held different commercial functions within Structured Finance of Corporate and Investment Banking, in real estate and commodities. She joined the Strategic & Acquisition Finance department in 2001 to take charge of a portfolio of French and Spanish clients, then she was given responsibility for all European activities. In 2008, she was appointed co-head of Strategic & Acquisition Finance worldwide.

 Manage individual exposure limits

 Manage collateral, industry, or other market segmentation risks

 Free-up existing revolving credit facilities

 Manage lender covenant requirements

 Generate gain on sale income / fee income

Ease of Execution

 Streamlined due diligence and closing processes

Closed over $2 billion in portfolio purchases throughout his more than 30 years of industry executive experience.

Direct phone: 248.743.5209

Email: jmartella@leasecorp.com
______________
Managed by John Martella
President, LCA Financial, LLC
and Senior Vice President
Lease Corporation of America