2003. Veldhuis previously
worked for GE Capital
Solutions, where he
specialized in providing
structured asset-based
lending facilities to
companies operating in
the mining, forestry and
construction industries.
Ecologic Leasing Releases
Global Lessor Network 2.0
Ecologic Leasing Services
launched The Global
Lessor Network 2.0, an
enhanced service that
matches new equipment
leasing opportunities
from lessees located
around the world with
qualified registered
lessors. In addition, it
introduced its service
in China, through which
lessors register
in Chinese.
Fleet Hall of Fame Inducts
Donlen CEO Rappeport
Gary Rappeport, CEO
of fleet leasing and
management company
Donlen was inducted
into the Fleet Hall
of Fame, presented
by Automotive Fleet
magazine. His focus on
employee and customer
satisfaction, corporate
social responsibility
and environmental
consciousness put
Donlen in the forefront of
workplace excellence.
Allegiance Inks
$22MM for Integrated
Printing Solutions
Allegiance Capital
provided a $22 million
facility for Integrated
Printing Solutions: $10
million initial draw down
and $12 million for
follow on growth. IPS is
a provider of specialty
print, marketing and
packaging solutions to
the gift, pre-paid, loyalty,
credit and healthcare
card markets.
GE Selects RV|ID to
Enhance Floor Plan
Management
GE Capital, Commercial
Distribution Finance
selected RV|ID to enhance
its floorplan collateral
management services
for recreational vehicles.
The global positioning
system-based service will
increase the ease and
speed of doing business
for both manufactures and
dealers by providing real-time mapping, reports and
alerts on RV assets in the
U.S. RV|ID was developed
by Red Lantern Labs.
Global Semiconductor
Spending to Drop in ‘ 12
According to research
firm Gartner, worldwide
semiconductor capital
equipment spending is
expected to total $35.2
billion in 2012, down
19.2% from the $43.5
billion estimated for
2011. Gartner said excess
electronics inventory and
poor demand as a result
of the slowing macro
economy are to blame for
the declining spending.
CGI Extends MarineMax
Inventory Facility
According to an SEC
filing, MarineMax entered
into an extension to
its inventory financing
agreement with CGI
Finance, which provides
up to $30 million of
floor plan financing. The
facility provides inventory
financing for MarineMax’s
Azimut product line.
GE Provides $9MM to
Famous Dave’s Franchisee
GE Capital, Franchise
Finance provided Blue
Ribbon BBQ, a Famous
Dave’s of America
franchisee, $9 million
for refinancing of existing
debt and a partner
buyout. Funding was
provided through GE
Capital’s bank affiliate,
GE Capital Financial.
Based in Walled Lake,
MI, Blue Ribbon BBQ
currently operates six
Famous Dave’s units in
the metro Detroit area and
Cleveland, OH.
Milestone, CHC in
Sale/Leaseback Deal
CHC Helicopter and
Milestone Aviation
entered a sale-leaseback
agreement of five
helicopters. The total
value of the deal is in
excess of $80 million. The
agreement, which covers
aircraft already in CHC’s
fleet, gives CHC additional
flexibility in meeting the
growing needs of its
global customers.
CI T: Social Media
Changing Retail Industry
Social media, digital
communication and the
Internet are dramatically
transforming the retail
industry, said Burt
Feinberg, group head
of CIT Commercial &
Industrial in his discussion
of technology trends,
financing opportunities
and consumer confidence
in CIT’s Executive
Spotlight series.
U.S. CFOs See Opportunities
Despite Economy
U.S. CFOs of middle-market companies remain
fairly positive about their
own industries despite
concerns about U.S.
and global economies,
according to the survey
by GE Capital. Moreover,
37% of CFOs expect
to consider additional
financing for equipment in
the next year. The survey,
which took place during
the third quarter of 2011,
included responses from
532 CFOs of companies
with an average revenue
of $162 million operating
across seven industries.
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CALENDAR OF EVENTS
JANUARY 22-25, 2012
American Securitization Forum
2012 Conference
Las Vegas, NV
212-412-7100
www.americansecuritization.com
MARCH 6-7, 2012
Equipment Leasing & Finance Assoc
Healthcare Finance Summit
Arlington, VA
202-238-3400
www.elfaonline.org
MARCH 14, 2012
Equipment Leasing & Finance Assoc
The New Lease Accounting Standard
New York, NY
202-238-3400
www.elfaonline.org
MARCH 15, 2012
Equipment Leasing & Finance Assoc
Annual IMN/ELFA Investors Conference
New York, NY
202-238-3400
www.elfaonline.org
MARCH 29, 2012
ABF Journal, NYIC, TMA & CFA (Phila)
Joint Regional Conference
Villanova, PA
212-551-7920
www.instituteofcredit.org
APRIL 1-3, 2012
Equipment Leasing & Finance Assoc
Equipment Management Conference
San Antonio, TX
202-238-3400
www.elfaonline.org
APRIL 17-19, 2012
Equipment Leasing & Finance Assoc
24th Annual National Funding Conf
Chicago, IL
202-238-3400
www.elfaonline.org
APRIL 26-28, 2012
Nat’l Assoc of Equip Leasing Brokers
Annual Conference
Denver, CO
800-996-2352
www.naelb.org
APRIL 29 - MAY 1, 2012
Equipment Leasing & Finance Assoc
Legal Forum
Austin, TX
202-238-3400
www.elfaonline.org
MAY 9-11, 2012
Equipment Leasing & Finance Assoc
Public Sector Finance Forum
With AGL&F
Chicago, IL
202-238-3400
www.elfaonline.org
MAY 15-16, 2012
Equipment Leasing & Finance Assoc
Capitol Connections
Washington, DC
202-238-3400
www.elfaonline.org
JUNE 3-5, 2012
Equipment Leasing & Finance Assoc
Credit & Collections Management
Conference/Exhibition
Baltimore, MD
202-238-3400
www.elfaonline.org
SEP TEMBER 10-11, 2012
Equipment Leasing & Finance Assoc
Operations & Technology Conference
& Exhibition
Washington, DC
202-238-3400
www.elfaonline.org
SEP TEMBER 10-12, 2012
Equipment Leasing & Finance Assoc
Lease & Finance Accountants
Conference
Washington, DC
202-238-3400
www.elfaonline.org
OC TOBER 21-23, 2012
Equipment Leasing & Finance Assoc
ELFA 51st Annual Convention
Palm Desert, CA
202-238-3400
www.elfaonline.org
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