Monitor - November/December 2011

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