Regulation and Innovation in Leasing

Successful equipment leasing companies strive to incorporate innovative ideas into their business, whether in operations, marketing or financing itself. Innovation is a key to remaining competitive and to being a market leader. At the same time, though, the current equipment leasing marketplace is facing increasingly burdensome regulations and compliance requirements, which often have the effect of sapping corporate energy, time and resources, and distracting management from focusing on new ideas. It would seem that these two factors are inherently incompatible ' that they cannot be reconciled for the benefit of a leasing business. But are the imperatives of innovation and compliance always mutually exclusive? This article explores these very different but perhaps not always incompatible concerns.