VIDEO INTERVIEW: Mike DiCecco, Executive Vice President, Huntington Bank and President of Huntington Equipment Finance, discusses the importance of being strategically aligned with a bank parent, and the value of utilizing the data developed by banks to empower bank-owned equipment finance companies to successfully weather the next economic cycle.

DiCecco explains how finance companies and banks used to be “backward looking,” but today all parts of a bank must take a “forward looking” posture be best prepared for the future. DiCecco describes how he and his team have reflected upon the challenges faced during difficult economic cycles, and how the utilization of new data provided by Huntington Bank has re-energized his credit teams to identify future lending risks early. This strategy of aligning with the bank and strategically taking full advantage of all the data and resources a bank has to offer is enabling his team to anticipate customer behaviors under changing economic conditions.

Equipment Finance Advisor’s Thought Leadership Videos feature interviews with subject matter experts and leaders from bank-owned equipment finance companies, leasing companies, banks, independent commercial finance companies, consultants, service and product providers and more – offering their candid thoughts in interviews broadcast via Equipment Finance Advisor’s YouTube Channel.