Other subjects covered are leasing law, collections, documentation, government leasing, lease company and portfolio management, lessor funding and much more. Additionally, The Certified Lease Professionals Handbook provides an in-depth analysis of the Body of Knowledge topics from marketing and sales to pricing and lease versus buy analysis, from credit and documentation to collections and leasing law and everything in between. This book was originally written for leasing practitioners. Foundation teams are frequently formed to gather information and conduct intensive industry surveys for guidance in program enhancements and planning long-term goals. Certified Lease Professionals are required to maintain their designation in a variety of ways, including teaching and attending leasing and finance-related events.
Originally, there were no study materials or courses. There are mentors who help those who want to take the test, who do not charge for their time. Known for connecting the dots in ways that no one else can, her unique industry experience, creative approach, and a keen eye for future trends enables her to bring forward-thinking insights and original ideas to her work. The result is a handbook that is short on theory and long on the practical aspects of participating in the commercial equipment leasing and finance industry. This large loose-leaf manual covered the thirteen subjects treated in the Certification exam.
She helps her clients discover new possibilities, stretch their imagination of what could be, and chart a course for transformative change. The crux of becoming a Certified Lease Professional is passing a test that takes from six to eight hours to complete, plus recertifying every four years. Kabot began her career in commercial equipment financing and leasing at Colonial Pacific Leasing, a Pitney Bowes subsidiary. At present, candidates wishing to sit for the Certification exam must have been in the equipment or commercial finance business for at least five years, of which three years must have been in equipment leasing. During the first ten years of the program about 30 leasing professionals sat for and passed the exam. She currently serves as president of the Certified Lease Professional Foundation. The book has gone through many changes over the years, but the editors and authors will continue to keep the text timely and relevant, as the leasing industry itself.
Although the book is comprehensive, its style is to provide information in a reader-friendly manner. From transportation and technology to manufacturing and banking, smart businesses are rethinking how to improve and reinvent themselves. She went on to establish Kabot Commercial Leasing in 1996. To accomplish this task, recognized subject matter experts were contacted and asked to write chapters in their areas of expertise and share their secrets of success. The book was expanded to the sixteen subjects of the current Certification exam. Lease Finance Professionals Handbook can be very useful guide, and Lease Finance Professionals Handbook play an important role in your products.
The certification program will soon follow. Encourage greater industry participation by leasing professionals and 4. Encourage continuing education in current procedures, laws, and regulations, 3. In her consulting engagements, she advises leaders who desire to implement technology to achieve their business goals. Ray and I developed the First Edition of the Leasing Professionals' Handbook, using the Home Study Guide as base material. Spurdle has more than 20 years experience in the equipment leasing industry.
Candidates also need to be sure they are comfortable with solving for rate, yield, the concept of Present Value, etc. These days, businesses can proceed securely when they know they are working with someone who is certified. Recertification does not require an examination. We recruited additional authors, including Ken Greene, Esq. Many have found this a great source of encouragement. Many people contributed to the current Handbook.
Each holds the other accountable. Although the book is comprehensive, its style is to provide information in a reader-friendly manner. The problem is that once you have gotten your nifty new product, the Lease Finance Professionals Handbook gets a brief glance, maybe a once over, but it often tends to get discarded or lost with the original packaging. It was the intention of the original authors to provide an in-depth action handbook for those already on a career path in leasing. This review is also offered by our supporting associations, free of charge to those who attend their annual conferences. Her leasing experience began with The Wrigley Group Ltd. It identifies and recognizes individuals within the leasing industry who have demonstrated their competency through continued education, testing and conduct.
. A thorough knowledge of credit — knowing why that particular deal got approved or not — and having an understanding of why specific lease documents are required for certain transactions and will help further the careers of operations and credit personnel, as well as sales staff. The foundation is ready and willing to accommodate those candidates. They recognized the importance of raising the professional standards and encouraging continuing education within the leasing industry. She designs experiences that help both technical and non-technical professionals to see the big picture and understand the impact of technology and process from new perspectives. Clients, customers, peers and employers recognize this commitment to excellence.