Pacific Capital Bancorp
Business Development Officer, leasingexp.,min 3 yrs business & direct sales exp. Banking procedure knowledge helpful. Gilroy, CA location, serving four surrounding counties. E-mail or see Career Opportunities
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.
Monday, June 14,2004
Headlines---
Classified Ads---Info Sys./Marketing/Ops.
Economic Events This Week
Archives-June 14,2000—Bulletin Board Idea
Land Line’s René Tankersley dies in accident
Bank of West Equipment Leasing New Program
CalFirst Bancorp Announces 3rd Q Dividend
American Bank Leasing Acquires Northwest Capital Solutions
Westover Financial Announces Expansion to East Coast
June issue of Business Leasing News Now available
News Briefs---
Sports Briefs---
"Gimme that Wine"
This Day in American History
Baseball Poem
Special Leasing Sports Report:
Baja 500 with Izzy Sanchez and Crew
######## surrounding the article denotes it is a “press release”
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Classified Ads---Info Sys./Marketing/Ops.
Information System: Portland, OR.
Product/Project Manager. 13+ years of diversified leasing/banking experience. Front- end product mgr (UniCapital) / project mgr (PFSC). Detail oriented with strong work ethics. Email:
Marketing: OrangeCounty, CA.Seeking management opportunity to create/improve outbound call center new business marketing in leasing industry. Very experienced in all aspects of telemarketing, management, prospecting and closing.
E-mail:
Operations: New York, NY.
10+ years in equipment leasing/secured lending. Skilled in management & training, documentation, policy and procedure development & implementation, portfolio reporting. Strong work ethic.
Email:
Operations: Experienced Credit, Collections,
lease and Finance operations. Manager w/ expertise in improving bottom line performance, excellent trainer, manager, motivator. Get result/keep the customer coming back. Email:
Operations: Wayne, NJ
20+ heavily experienced collection/recovery VP looking to improve someone's bottom line. Proven, verifiable track record. Knowledge of all types of portfolio. Will relocate Email:
Operations: West Palm Beach, FL.
Sales, credit, presentation and placement. Seasoned lease professional, currently independent, looking for a manufacturer,
distributor or captive requiring expertise in sales assistance in product financing.Email:
Full Classified “Job Wanted” ads at:
These are professional with experience. Make an offer,
as all they can say is “no, thank you.”
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.
Economic Events This Week
June 14
Monday
Balance of Trade: April
Retail Sales: May
June 15
Tuesday
Consumer Price Index: May
Inventory-Sales Ratio: April
June 16
Wednesday
Housing Construction: May
Industrial Production: May
Capacity Utilization: May
Beige Book
June 17
Thursday
Leading Indicators: May
Weekly Jobless Claims
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Archives from the Past -June 14,2000—Bulletin Board Idea
“I agree with the comments about the sale of leasing companies, as opposed to those ‘in trouble.’
“I do think that you should include brokers having problems, as the impact of the nature of such problems could potentially lead our industry to government regulation, \ instead of self-regulation.
“One additional comment: is that my experience has been that as the market tightens & margins decrease that fraud tends to increase. Those out there who have enjoyed high margins and expected them to continue forever will be stretched in the future to make ends meet. "Desperate people do desperate things," even the most honest of people when backed deep enough into a corner will be prone to do what it takes to get a deal done.
“On the other side, we must be very careful about reporting, derogatory behavior due to potential liability we could bring upon ourselves. I have been an advocate for years that the industry needs a place where fraudulent, deals, lessee, vendors & brokers could be posted. Of course this would need to be monitored & verified, because competitors could post negative comments just to cast a negative image on companies they don't like. “
R
Rob Yohe
second e-mail from Rob:
“Feel free to quote me as long as you don't think it would misconstrued that I'm out to get anyone, unless they are dragging the leasing industry through the mud, such as not returning security deposits, selling fraud deals or getting reported to the BBB. As so feel free to edit my comments as you deem necessary.
“I honestly believe fraud will be on the increase over the next few months, based upon past cycles the industry has gone through. Plus with credit scoring combined all the companies willing to "fix" your personal credit, fraud will be easier to accomplish.
“While I do not claim to be an "expert" on fraud, I think you know my assessments are not without validity. “
RY
Land Line’s René Tankersley dies in accident
(To Leasing News readers, her stories were the first, and most thorough, regardingCommercial Money Market, and The Funding Tree, keeping advance rentals, notfundling truck leasing transactions. Leasing News often worked with her onthe stories, but she had the tenacity to talk to all the “victims,” explore allthe avenues of the story, and was on top of what was happening, trying towarn trucks and others about what was happening. She also found others
taking advantage of owner/operators, a lot of it declared “criminal.”
We printed all her stories, too.
(As the Associated Editor sums it up at the end of this story,
”The truckers out on the road always knew that if they needed a friend orhelp, they could call Rene and she would be there for them. She is one of akind, and irreplaceable.” )
--by the Land Line staff
René Tankersley, 42, feature editor at Land Line and a tireless advocate for American truckers, died Wednesday, June 9, after her car was involved in a traffic accident.
Tankersley was the winner of several national awards for her work at Land Line, including the magazine’s first national gold medal in the International Automotive Media Awards, where her work bested the likes of Motor Trend Magazine and Car and Driver.
Her winning story about trucker John Kendrix helped expose a sloppy investigation of a heavily publicized wreck involving the OOIDA member, who was falsely accused of using drugs and alcohol by investigators.
She won a second gold medal from the Association of Automotive Publication Editors for her March 2003 story on trucker Daryl McCartor and his wife, Margo Freshwater. That piece won best single news article in the national contest.
But perhaps most important was her dogged work on behalf of truck drivers. Tankersley was known for her investigative pieces on consumer issues, going to bat for truckers who had been the victims of scams or unscrupulous businesses. She would often spend hours on the phone tracking down details or on the Internet researching an issue. In some cases, her stories led to official investigations.
Tankersley kept as busy in her off time as she did at work. She had been a member of the board of directors of the Truck Writers of North America. With her husband, Ed, she was also active in the OakGroveSeventh-dayAdventistChurch, where he was an elder and she held numerous positions, including serving on the church board. A mother of two and grandmother, she single-handedly ran a prison ministry, counseling more than 100 inmates in various facilities and helping them with Bible studies through the mail.
A native Californian, Tankersley spent most of her life in Arkansas. She formerly worked for The Trucker, a trucking newspaper based in Little Rock, and had also worked for the Belle Vista, AR, Weekly Vista, and The Arkansas Democrat-Gazette. She held a master’s degree in journalism from the University of Arkansas.
The accident occurred about 9 a.m. as Tankersley was on her way from her home in Buckner, MO, to work in GrainValley. The accident site was about five miles south of her home. A state trooper on the scene said he could not release details of the accident pending an investigation.
Obituary
Born Betty René Stivers on Sept. 2, 1961, in Santa Ana, Calif., she was the daughter of LaVerne and Jody Stivers of Prescott, Ark. She married Ed Tankersley April 13, 1984. Known to friends and family by her middle name, René, she spent most of her life in Arkansas.
She is survived by her husband, Ed, of the home; her parents, of Prescott; a son, Christopher Lee Tankersley, of Gulfport, Miss.; a daughter, Melissa Shelley, and son-in-law, John Shelley, of Farmington, Ark.; two grandchildren, Alexis and Austin Shelley, of Farmington; a brother, Richard Stivers, and sister-in-law, Becky Stivers, and their four children, of Murfreesboro, Ark.; another brother, Eldon Stivers, and a nephew, of Nash, Texas; and a sister, Darla Stivers, of Camden, Ark.
Services will be held at Royer Funeral Home in GrainValley. Visitation is 2 p.m. Sunday, June 13; memorial services will follow at 3 p.m. Sunday at the funeral home. The family suggests flowers or memorials to her grandchildren’s education fund, in care of the family. For information, call Royer Chapel at (816) 847-4441 or (816) 690-4441.
from Land Line Magazine Associate Editor Mark Reddig
“We all appreciate your kind words about Rene - she certainly spoke highly ofyou, and I know you were an enormous help to her on many of her stories.
”The truckers out on the road always knew that if they needed a friend orhelp, they could call Rene and she would be there for them. She is one of akind, and irreplaceable. For those of us who are her friends, our focus is ontaking care of her husband, Ed, and the rest of the family; that iscertainly what Rene would have done.”
Thanks again,
MarkH.Reddig
Associate Editor
Land Line Magazine
Office: (816) 229-5791 x-159
Toll-Free: (800) 444-5791 X-159
Mobile: (816) 674-8086
PO Box 1000 -1 NW OOIDA Drive
Grain Valley, MO64029
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Bank of West Equipment Leasing New Program
Jerry Newell, CLP, Executive Vice President of Bank of the West
Equipment Leasing announced the formation of a new equipment leasing business, National Middle Market Leasing.
He has been with the bank for seventeen years, including 9 ½ years
in charge of the leasing division, growing it from $30 million in
assets to $800 million in assets today, booking $409 million in businesslast year which is expected to exceed over $500 million this year.
"The Bank has been expanding and is about to close two
acquisitions that will bring total assets to $40 billion", he says. "We wantto expand our leasing business also."
Bank of the West was one of the last to get into the “application
only” business, with guidelines and different rate structure than
with full financial statements and tax returns.
" It also last year began offering amedical " application only" product that is expanding,plus “municipal” leasing, especially since Bank of the West hasstarted a unit taking government deposits.
“We like leasing, it’s that simple,” Newell explains. “This middle
market is relatively new to us, and at the same time, we want
to continue to expand our present market place.
“This unit will directly market mid-ticket leases ($1 million to $10 million) to middle market companies through a network of direct lease officers located in major metropolitan areas nationwide, “he said.
“ Peter Lofquist, formerly President of Mellon U.S. Leasing and most recently President of Banknorth Leasing Group, will join Bank of the West to direct this new business initiative.
“Doug Hatch, VP has been promoted to Manager of Indirect Leasing. Doug has been with Bank of the West for 21 years and has been the Credit Manager of Indirect Leasing for the last nine years. In his new capacity, Doug has overall responsibility for our national broker funding business, “ Newell said, adding, “This promotion is well deserved and I am sure you will all join me in congratulating Doug.”
Reporting to Peter Lofquist also, Mike Przekop, VP and Manager will be expanding Bank of the West Equipment Secondary Markets business.
“This unit now purchases small ticket lease portfolios and will begin purchasing syndicated middle market lease transactions nationwide also.” he explained.
“Adolph Chang, SVP has joined us as Equipment Leasing Credit Manager with credit responsibility for all Bank of the West equipment leasing units. Adolph comes to us from our sister company, First Hawaiian Bank, where he held positions of increasing responsibility during his 25 year career. “
“These developments underline Bank of the West's commitment to the Equipment Leasing industry. Building on 30 successful years as a broker funding source, “ Newell concluded. “ Bank of the West has developed a full service leasing business that also includes Direct Leasing for Bank of the West customers and through our wholly owned subsidiary, Trinity Capital, Vendor Leasing and Lease Management Services.”
“We appreciate our relationship with our Broker and Discounter partners in equipment leasing and we thank them for their continued business.”
Leasing News could not find photograph in our files on Mr. Newell, but we do have one of Doug Hatch, taken in 1993:
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Please send to a colleague as we are trying to build our
readership.
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#### Press Release #############################
CalFirst Bancorp Announces Third Quarter Dividend
IRVINE, Calif.---The Board of Directors of California First National Bancorp (Nasdaq:CFNB) today declared a quarterly cash dividend in the amount of 10 cents ($.10) per share. The dividend will be payable on July 9, 2004 to all stockholders of record at the close of business on June 25, 2004.
California First National Bancorp is a diversified financial services company with two primary businesses -- leasing of high technology capital assets to businesses and organizations nationwide, and banking through an FDIC-insured national bank.
CONTACT:California First National Bancorp, Irvine S. Leslie Jewett, 800-496-4640
Odyssey Equipment Finance
Sales: Long Established West Coast Co., lessor/broker looking to expand. Top commission/salary/bonus. Organized with sales experience in small/mid size leases a necessity. Home office OK. Experienced back office support.
Contact
About the Company:
### Press Release ###############################
American Bank Leasing Acquires Northwest Capital Solutions
American Bank Leasing Corp., an independent commercial equipment financing company located in Atlanta, GA., specializing in small ticket leasing, announced the completion of its acquisition of Northwest Capital Solutions, based in Portland, OR.
Jim Doster, President and CEO of American Bank Leasing states, “We are extremely excited about the added capabilities this acquisition will give our clients. A west coast presence will allow us to provide an even higher level of service to our customers and vendors.”
American Bank Leasing originates hard-asset transactions from select brokers, vendors and dealers throughout the country. Northwest Capital Solutions is a highly respected provider of financing solutions to the small and mid-sized business community. Doster added, “We look forward to continuing to provide a very competitive “application only” financing program up to $100,000 through our bank syndicate. Our business continues to grow as we help to fuel the growth of our small business customers.”
Craig Ulrich, President of Northwest Capital Solutions, will serve as the major account manager for the newly expanded company and Jim Doster will continue as President and CEO of the merged companies. The consolidation of the two organizations is scheduled to be finalized by the end of June.
For more information about American Bank Leasing please visit the company’s website at
Jeff Schubert
EVP
American Bank Leasing
555 Sun Valley Drive, Suite E5
Roswell, GA30076
tel:
fax:
mobile:
770-649-8086
770-649-8185
770-714-9000
### Press Release ##############################
Westover Financial Announces Expansion to East Coast
SANTA ANA, CA --- Westover Financial, Inc. ( a Santa Ana, California based equipment leasing company, has opened a sales office in St Petersburg, FL. Although Westover does business on a national basis, this expansion will provide the company with its first presence east of the Mississippi.
Westover's existing sales offices are located in: Santa Ana, CA; Los Angeles, CA; San Francisco, CA; Seattle, WA; Fort Collins, CO; and Salt Lake City, UT.
In addition to the expansion, Westover has selected Dave Kolle to manage the new location. Dave has over 12 years of leasing industry experience and has been with Westover since 1995. He is a graduate of the University of Montana where he earned a degree in Business Administration with an emphasis in Finance and Marketing. Dave will assume the title of Director of East Coast Sales & Marketing and will be responsible for developing new customer relationships, continuing to service his existing clientele and hiring qualified sales people. Dave can be reached at 800-806-5388 starting June 21st.
This expansion coincides with the 20th anniversary of Westover Financial. Established in 1984, Westover has positioned itself as an industry leader providing customized business solutions to small and medium sized businesses throughout the United States and Canada.
#### Press Release ############################
***** Announcement ************************************
The June issue of Business Leasing News is available at:
This issue focuses on the significance of the Basel II capital accord, software leasing and, in view of potentially increasing interest rates, the topic, "What is 'usury'"? in Leasing 101.
David
David G. Mayer
Patton Boggs LLP
2001 Ross Avenue
Suite 3000
Dallas, Texas75201
Tel: (214) 758-1545
Fax: (214) 758-1550
Author of Business Leasing For Dummies
Founder & Publisher of Business Leasing News