“Bob Rinaldi, president of Rinaldi Advisory Services and an expert in the commercial equipment leasing and finance space, acknowledged the impact of rising rates on bank-owned equipment lenders. Rinaldi, however, said generally most of the struggles with bank-owned leasing companies originated due to banks’ circumstances, the result of deposit flight and declines in the value of investment securities, adding equipment lenders actually perform better in a higher-rate environment. ‘If the leasing company has enough capital, they can grow very dynamically, regardless of conditions,’ Rinaldi said.”