President Quentin Cote participated in the Equipment Leasing and Finance Foundation’s 2019 Industry Future Council that convened this past February to create the 2019 IFC Report, Embracing Innovation – Positioning Your Business for Future Success.

A subgroup of members of the Equipment Leasing and Finance Foundation, the Industry Future Council is comprised of finance industry executives and meets annually to deliver a report on the future of the industry.

The 2019 IFC Report Embracing Innovation – Positioning Your Business for Future Success, focuses on how finance companies and other small businesses should take steps to adopt intentional innovation into their everyday business practices to promote a culture that helps create the future and doesn’t simply adapt to it.

Click here to read the full 2019 IFC Report.

Mintaka Financial, LLC is pleased to announce the addition of Brandon Echevarria to the Credit team. As a Credit Analyst, Brandon will report to COO, Bill Fogarty to assist in growing and servicing both partner and vendor lease and finance programs, while monitoring Mintaka’s exposure in order to remain in line with their desired risk tolerance.

“Brandon comes to Mintaka with a wealth of equipment finance credit and process experience, most recently from an established originator, and we are ready to put it to work for our Credit team,” said Quentin Cote, President of Mintaka Financial. “We look forward to leveraging his insight into the current state of the industry to continue to improve our overall product and customer experience.”

“We’re confident that Brandon’s deep skill set, ambition and dedication will bring Mintaka to a new level of service and quality for its partners and small business customers,” added Bill Fogarty, Chief Operating Officer of Mintaka Financial.

Brandon earned his B.S. in Finance at Bentley University where he participated in the Bentley Trading Society and intramural football and basketball. A resident of Marlborough, MA he enjoys golf and fitness in his down time.

“It is a great opportunity to be a part of the expert credit staff at Mintaka,” said Brandon Echevarria. “I look forward to helping grow their unique partner program in order to deliver the highest level customer experience for the partner originators, vendors and the end user alike.”

Gig Harbor, WA. February 28, 2019 – Mintaka Financial is pleased to announce that David Trost has been promoted to Vice President of Analytics and Partnerships. David joined Mintaka as a Relationship Manager in 2018 and will continue as RM for existing clients to help Mintaka identify, evaluate and convert new business opportunities.

In his new role as VP of Analytics and Partnerships, David will report to Chief Operating Officer, Bill Fogarty and manage Mintaka’s key funding processes and partnerships. In addition, he will be responsible for operational analytics by identifying areas where technology and automation can improve business processes and optimize efficiency.

“David has delivered all we have asked of him and more!” said Bill Fogarty, Chief Operating Officer. “We look forward to his expanded role in enabling our organization to take better advantage of our relationships, technologies and processes to deliver a world class equipment finance product.”

“David has become an important part of our current success, and we see him playing an important role in our future as well,” Quentin Cote, President of Mintaka Financial. “We are always looking for new ways to leverage tech solutions, and with David assessing our operational efficiencies we will be able to stay ahead of the software curve and continue delivering the best experience for our partners.”

“I appreciate the opportunity to grow my role at Mintaka and drive process improvement,” said David Trost. “Properly implementing technology solutions is a vital challenge for business across all industries, and I can’t wait to see the continued benefit it will bring to Mintaka.”

Currently a resident of Boston, Massachusetts, David graduated Cum Laude from the University of Pittsburgh with his BS in Economics. During this time he held leadership roles in the Steel City NROTC Unit Carnegie Mellon University from which he commissioned into the United States Navy as an Ensign. He enjoys skiing, cooking, and exploring Boston with his wife Haley.

About Mintaka Financial

Located in Gig Harbor WA, Mintaka Financial LLC was established in December 2004, as a commercial finance company specializing in serving the needs of small businesses across the United States. Mintaka provides equipment leases and loans, originated through a select group of small business finance companies chosen for their experience, reputation in the industry, and dedication to building long term relationships with their small business clients. Partners benefit from Mintaka’s best-in-class technology, deep industry expertise, and instant quoting capabilities. To learn more about Mintaka, visit

Press Contact
Curtis Costner, VP Marketing
(253) 358-4057
(888) 705-8778 x1015


SOURCE Mintaka Financial

Quentin Cote, President of Mintaka Financial starts his second year on the ELFA’s Small Ticket Business Council Steering Committee. The Small Ticket BCSC is one of five primary constituent bodies integral to the ELFA’s operations; providing critical input on the direction of the association and serving as a bridge between the membership and the Board of Directors and staff.

The Small Ticket Business Council Steering Committee represents financial services organizations primarily involved in transactions under $250,000, either individually or through lines. The committee analyzes the needs of companies in its segment and recommends to the Board how to meet those needs.



Click here to see the full roster of Business Council Steering Committee members.

CEO of Mintaka Financial, David Schaefer had the honor of delivering the 2018 Chairman Address as one of his final acts as the Chairman of the Board of Directors of the ELFA. Watch his speech below:

2018 Chairman Dave Schaefer reported on the state of the industry – “Perseverance is Key”

He highlighted the association’s influence on a number of industry milestones. For example, a major advocacy effort by ELFA positively impacted the direction of the new lease accounting standard, and the association’s advocacy on recent tax reform legislation benefited members. “Thanks to ELFA’s advocacy efforts, the tax measure preserves important incentives designed to promote equipment acquisition,” he noted.

In recounting the history and resilience of the industry, Schaefer shared some of his own personal history. He revealed that in the late 1970s his father was taken hostage by Iran and held for 444 days. “This shaped me forever as a person,” he said. “I don’t allow myself to have a bad day because I know that people deal with really bad situations and I appreciate every day of my life. I also learned to appreciate perseverance.”

Schaefer said his appreciation of perseverance reappeared two decades later he launched his company Orion First Financial on Oct. 1, 2001, in the wake of 9/11 terrorist attacks. “It felt like the economy was crumbling down around us, and here I was launching a new business!” he recalled. “This was another lesson in perseverance. When we are faced with a great challenge, our determination and grit can be our most important assets.”

He acknowledged that many in the industry have faced challenges with grit. “I know many of you in the audience have faced adversity in your businesses and persevered to be here today. When we talk about our industry emerging and excelling, it is a testament to our ability to face challenges head on, adapt to change and discover new opportunities and solutions.”

After reviewing the evolution of the industry, Schaefer moved on to the second prong in the Convention theme: What’s emerging in the industry.

He spotlighted the changing customer experience, pointing to customers’ new mindset toward usage rather than ownership of equipment; the “uberization” of assets, or utilizing assets by sharing them; and increased demand for bundled services and enhancements. He observed, “For consumers it’s all about convenience: their desire to have access to what they want, when they want it.”

At the same time, equipment finance organizations are becoming more flexible, with employees working remotely, so they are attracting talent without geographic restrictions. “This digital age—of connecting people to your company—is where change is coming from and where the value is.”

Finally, Schaefer examined the third prong of the convention theme: What it means to excel for your employees, your companies and your customers.

He stressed that continuous improvement should be the top priority. “As individuals we should be constantly learning, looking for other successful people and watching what they’ve done,” he advised. He added that leaders need to learn how to get out of the way, to delegate and to allow others to grow.

Focusing on the customer is key, said Schaefer, emphasizing that companies need to offer quality products, deliver a great customer experience, provide value and anticipate the customers’ needs. “We have to be thinking about new products and solutions in advance of the customer even knowing he or she needs them,” he said.

He concluded by noting that the equipment finance industry touches every aspect of the economy. “We provide the capital that drives supply chains across every industry. We enable companies to acquire equipment and employ individuals, so they can support their families and their communities. The healthy flow of commerce and capitalism is good for our communities—and it’s good for our country. I hope you think about the value we create, and that you’re proud to be a part of that.”