At the 63rd Annual Convention of the Equipment Leasing and Finance Association (ELFA), the association announced its new Board of Directors and Officers who will serve during the next 12 months. James Cress, Vice President & General Manager, Flex...
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October 30, 2024, 07:15 AM
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The Equipment Leasing and Finance Association (ELFA) has named Tony Golobic and Bruce Kropschot to the 2024 Class of the Equipment Finance Hall of Fame. ELFA Board Chair Rob Boyer made the announcement at the General Session of the 63rd ELFA Annual...
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October 28, 2024, 07:15 AM
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The Equipment Leasing and Finance Association (ELFA) released its September 2024 CapEx Index. ELFA has updated the name of the Monthly Leasing and Finance Index (MLFI-25) to the CapEx Finance Index (CFI) to better reflect what it measures and how it...
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October 24, 2024, 07:05 AM
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The role of banks and independents in equipment finance and the massive opportunity around climate finance will be the focus of two panel discussions that experts from The Alta Group will facilitate at the Equipment Leasing and Finance Association’s...
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October 08, 2024, 07:00 AM
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The Equipment Leasing and Finance Association (ELFA) announced the Power of People Summit 2025, a new event set to take place July 21-23, 2025, in Baltimore, Maryland. This pivotal gathering will bring together equipment finance industry leaders and...
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September 27, 2024, 07:12 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in...
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September 25, 2024, 07:15 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the September 2024 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Overall, confidence in the equipment finance market is 61.9, an increase from the...
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September 19, 2024, 07:15 AM
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The Equipment Leasing and Finance Association (ELFA) is set to honor an outstanding industry leader at its Annual Convention this October. Donna Yanuzzi, Executive Vice President and Head of Equipment Finance at 1st Equipment Finance, has been named...
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September 17, 2024, 07:11 AM
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The Equipment Leasing and Finance Association (ELFA) announced two free webinars designed to give industry professionals actionable insights and cutting-edge tools to drive business growth. Unlocking Effective Marketing Tools and Tech for Every...
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September 11, 2024, 06:50 AM
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The Equipment Leasing and Finance Association (ELFA) has unveiled the lineup of educational sessions for the 2024 ELFA Annual Convention, taking place October 27-29 in Austin, Texas, featuring a diverse array of industry professionals who will offer...
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September 09, 2024, 07:19 AM
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The Equipment Leasing and Finance Association (ELFA) announced that Channel is the recipient of the 2024 Operations and Technology Excellence Award. The award recognizes innovative uses of technology in the equipment finance industry. Channel’s award...
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September 03, 2024, 09:33 AM
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The Equipment Leasing and Finance Association (ELFA) is offering a virtual option for its upcoming Lease and Finance Accountants Conference, taking place September 9-11 in Nashville, Tennessee. Recognizing that not everyone can attend in person, ELFA...
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August 30, 2024, 07:10 AM
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The equipment finance industry saw new business volume (NBV) increase 1.1% in 2023, according to the 2024 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). This decrease from NBV growth of 6...
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August 26, 2024, 07:24 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in July:
New...
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August 23, 2024, 07:25 AM
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Modernizing software and IT systems has become a top priority for many equipment finance companies. To assist in the process, the Equipment Leasing and Finance Association has released the 2024 ELFA Software Guide. The guide includes:
What’s...
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August 05, 2024, 07:23 AM
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What are the latest accounting and financial reporting issues affecting the $1 trillion equipment finance sector? That will be the focus of ELFA’s 2024 Lease and Finance Accountants Conference taking place both in-person on Sept. 9-11 in Nashville...
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July 26, 2024, 07:15 AM
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The Equipment Leasing and Finance Association launched the ELFA Equity Fund for Professional Education aimed at enhancing educational opportunities for underrepresented leaders within the equipment finance sector. In 2024, the Fund will award six...
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July 12, 2024, 07:20 AM
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The Equipment Leasing and Finance Association announced the Call for Presentations for the 2024 ELFA Annual Convention. Proposals to speak at the event, which is the largest annual gathering of equipment finance professionals, are due Wednesday, July...
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June 24, 2024, 07:24 AM
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The Equipment Leasing and Finance Association revealed the agenda for Emergence2024, a two-day event focused on cultivating the next generation of equipment finance industry leaders. Taking place July 11-12 in Philadelphia, the agenda will feature...
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June 05, 2024, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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May 23, 2024, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Edward K. Gross, Shareholder at Vedder Price P.C., to receive its 2024 David H. Fenig Distinguished Service in Advocacy Award. The award honors individuals who have made significant...
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May 21, 2024, 07:25 AM
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To meet a growing demand for training in the equipment finance industry, the Equipment Leasing and Finance Association launched the Onboarding Series, a collection of online training courses specifically targeted toward the knowledge and skills new...
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May 15, 2024, 07:22 AM
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The Equipment Leasing and Finance Association (ELFA) recognized PEAC Solutions for 25 years of membership in the organization.PEAC Solutions stands as a prominent multinational asset finance platform specializing in delivering cutting-edge financial...
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May 14, 2024, 07:10 AM
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The Equipment Leasing and Finance Association announced it is accepting member nominations for its 2024 Operations & Technology Excellence Award. The award recognizes equipment finance organizations that have successfully implemented an operational...
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May 09, 2024, 07:15 AM
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The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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April 23, 2024, 07:25 AM
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The Equipment Leasing and Finance Association announced the agenda for its 2024 Credit & Collections Management Conference and recognized the members who are serving on the Credit & Collections Planning Committee. The Conference is offered both...
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April 11, 2024, 07:15 AM
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The Equipment Leasing and Finance Association announced 11 member employees completed its two-day, instructor-led “Principles of Equipment Leasing and Finance” curriculum in March, which culminated in their completing an exam and being awarded...
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March 27, 2024, 07:23 AM
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The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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March 25, 2024, 07:23 AM
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The Equipment Leasing and Finance Association announced the agenda for its 2024 Legal Forum and recognized the members who are serving on the 2024 ELFA Legal Committee. The Forum will be offered both in-person on May 5-7 in Scottsdale, AZ and...
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March 20, 2024, 07:23 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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February 26, 2024, 07:23 AM
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To assist equipment finance companies in tracking financial disclosure regulations that will impact their businesses, the Equipment Leasing and Finance Association (ELFA) has developed a new interactive state-by-state disclosure map of legislative...
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February 06, 2024, 07:18 AM
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The Equipment Leasing and Finance Association (ELFA) released the following statement on House Passage of Tax Relief for American Families and Workers Act.ELFA applauds the U.S. House of Representatives on passage of the Tax Relief for American...
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February 02, 2024, 07:10 AM
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The Equipment Leasing and Finance Association announced the launch of a new series of webinars focused on diversity, equity and inclusion. The series, “DiversiTEA Talks: Brewing Inclusion at ELFA,” will explore essential topics to foster an industry...
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January 26, 2024, 06:55 AM
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The Equipment Leasing and Finance Association has announced the agenda for the 2024 Equipment Management Conference & Exhibition on March 10-12 in New Orleans. The annual conference attracts more than 300 asset managers, equipment appraisers...
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January 12, 2024, 07:23 AM
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Members of the equipment finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released the 2024 ELFA Calendar of Events, which...
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January 08, 2024, 07:23 AM
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Mitsubishi HC Capital America announced Katie Mullin, Vice President of NA Marketing Communications, has been appointed to serve on the Equipment Leasing and Finance Association’s (ELFA) Communications Committee for a two-year term. This is Mullin’s...
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December 20, 2023, 07:05 AM
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The Equipment Leasing and Finance Association announced the agenda for the 2024 ELFA Women’s Leadership Forum, Feb. 8-9 in Nashville. The highly-anticipated event hosted by the ELFA Women’s Council will focus on inspiring and empowering attendees to...
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November 30, 2023, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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November 21, 2023, 07:25 AM
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ELFA is mourning the loss of Jim Humphrey, Senior Vice President of Sales at member company Odessa. Jim was a valuable member of ELFA for many years who served on the Operations & Technology Committee and participated in many association events.As...
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November 07, 2023, 07:25 AM
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During the 62nd Annual Convention of the Equipment Leasing and Finance Association (ELFA), the association announced its new Board of Directors and Officers who will serve during the next 12 months. Rob Boyer, CLFP, President, First Commonwealth...
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October 25, 2023, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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October 25, 2023, 07:22 AM
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The Equipment Leasing and Finance Association (ELFA) announced the appointment of Leigh Lytle as President and CEO, effective Dec. 4. ELFA Board Chair Bob Neagle made the announcement at the General Session of the 62nd ELFA Annual Convention in...
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October 24, 2023, 07:25 AM
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Compensation in the equipment finance industry returned to steady increases in 2022, according to the 2023 Equipment Leasing and Finance Compensation Survey, one of two new studies released by the Equipment Leasing and Finance Association (ELFA)....
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October 16, 2023, 07:20 AM
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The Equipment Leasing and Finance Association announced that 27 member employees completed its two-day, instructor-led “Principles of Equipment Leasing and Finance” curriculum in September, which culminated in their completing an exam and being...
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October 11, 2023, 07:00 AM
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From optimizing advertising campaigns and personalizing customer experiences, to predicting consumer behavior and automating routine tasks, artificial intelligence (AI) is dramatically reshaping the marketing landscape. Members of ELFA’s...
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October 09, 2023, 07:05 AM
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The Equipment Leasing and Finance Association has announced a refresh of its website at www.elfaonline.org, providing user-friendly access to the latest information and resources for the $1 trillion equipment finance industry. The updated site offers...
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October 04, 2023, 06:53 AM
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The Equipment Leasing and Finance Association will recognize 29 companies for their membership longevity and commitment to the association at the upcoming ELFA Annual Convention, Oct. 22-24 in Phoenix, Arizona. A special display in the conference...
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September 27, 2023, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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September 26, 2023, 07:10 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Dominic A. Liberatore to receive its 2023 Michael J. Fleming Distinguished Service Award. The award honors individuals who have made significant contributions to the association and...
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September 20, 2023, 07:20 AM
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Artificial intelligence (AI) is a hot topic, but for marketers, is it the wave of the future or the flavor of the month? Join the Equipment Leasing and Finance Association for the webinar, “AI for Marketers: Embracing Analytics and Creativity” on...
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September 14, 2023, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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August 29, 2023, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) announced Oakmont Capital Services is the recipient of the 2023 Operations and Technology Excellence Award. Their award-winning project will be showcased during ELFA’s Operations and Technology...
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August 18, 2023, 07:25 AM
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Fraud, AI and digital strategies will take center stage at ELFA’s 2023 Operations & Technology Conference, Sept. 11-13 in New Orleans, the association announced today. The annual conference draws operations and IT professionals from around the...
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August 15, 2023, 07:20 AM
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In a letter to the Consumer Financial Protection Bureau, the Equipment Leasing and Finance Association is asking the CFPB to expand the recently issued injunction staying the effective dates of Section 1071 of Dodd-Frank to include all affected...
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August 10, 2023, 07:17 AM
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The Equipment Leasing and Finance Association announced the agenda for its 2023 Lease and Finance Accountants Conference and recognized the members on its 2023 Financial Accounting Committee. New this year, the conference is offered both in-person on...
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August 03, 2023, 07:20 AM
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In a letter to the U.S. House Financial Services Committee, the Equipment Leasing and Finance Association is calling for Section 1071 of the Dodd-Frank Act to be overturned. The letter is the latest action on Section 1071 by the association, which...
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August 01, 2023, 07:23 AM
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The increasing reliance on technology by equipment finance companies in virtually every aspect of their businesses makes investment in software solutions a critical consideration. To assist in the decision-making process, the Equipment Leasing and...
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July 31, 2023, 07:25 AM
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The ELFA Engage app—a mobile hub for events, news and networking in the equipment finance community—has reached a new milestone of 2,000 users. The number of users has doubled over the past year, as industry professionals returned to business travel...
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July 24, 2023, 07:22 AM
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New commercial financing disclosure laws taking effect in New York on Aug. 1 and their impact on the commercial equipment leasing and finance sector are top priorities of ELFA’s State Advocacy team, led by Vice President of State Government Relations...
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July 20, 2023, 07:18 AM
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Preparation for compliance with the rules and reporting requirements of Section 1071 of Dodd-Frank was the topic of the Equipment Leasing and Finance Association’s (ELFA) recent webinar, “Section 1071: It WILL Affect Your Operation – Here’s How, and...
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July 13, 2023, 07:20 AM
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Registration is now open for the Equipment Leasing and Finance Association’s 62nd ELFA Annual Convention, scheduled Oct. 22-24, 2023, at the at the JW Marriott Phoenix Desert Ridge in Phoenix, AZ. The Convention brings together professionals from...
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July 11, 2023, 07:15 AM
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With New York’s commercial finance disclosure laws set to take effect Aug. 1, the Equipment Leasing and Finance Association announced a new webinar to help equipment finance professionals prepare. The webinar, “The NY Disclosure Laws Are Effective on...
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June 28, 2023, 07:20 AM
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The Equipment Leasing and Finance Association is hosting a free webinar, “ELFA’s Climate Finance Working Group Presents: a Briefing of the Inflation Reduction Act.”
When: Thursday, June 22, 2:30-3:30p.m. EDTHighlights: The Inflation Reduction Act...
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June 20, 2023, 07:18 AM
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What: The Equipment Leasing and Finance Association is hosting a free webinar, “Section 1071: It WILL Affect Your Operation - Here’s How, And What You Can Do To Prepare.” When: Wed., June 21, 1-2 p.m. EDTHighlights: Now that the CFPB finalized the...
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June 14, 2023, 07:20 AM
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Insight Financial Services (IFS), a division of Insight Investments, LLC, announced it has been recognized by the Equipment Leasing and Finance Association (ELFA) for 25 years of membership in the organization.“IFS has been providing customized...
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June 14, 2023, 07:10 AM
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The Equipment Leasing and Finance Association announced 30 member employees completed its two-day, instructor-led “Principles of Equipment Leasing and Finance” curriculum, which culminated in their completing an exam and being awarded certificates of...
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June 09, 2023, 07:22 AM
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Patricia Voorhees, a Director at The Alta Group, will share insights to help leasing professionals capitalize on the projected multi-trillion-dollar opportunity in climate equipment finance at the Equipment Leasing and Finance Association’s (ELFA)...
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June 05, 2023, 07:22 AM
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The Equipment Leasing and Finance Association announced the Call for Presentations for the 2023 ELFA Annual Convention. Proposals to speak at the event, which is the largest annual gathering of equipment finance professionals, are due Tuesday, July...
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May 15, 2023, 07:10 AM
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The Equipment Leasing and Finance Association announced it is accepting member nominations for its 2023 Operations & Technology Excellence Award. The award recognizes equipment finance organizations that have successfully implemented an operational...
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May 11, 2023, 07:20 AM
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ePlus inc. announced its wholly owned subsidiary, ePlus Group, inc., has been recognized by the Equipment Leasing and Finance Association (ELFA) for 30 years of membership in the organization. Since 1990, ePlus has been offering a wide portfolio of...
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May 10, 2023, 07:00 AM
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Marc Hamroff, Julia Gavrilov and Robert Cohen of Moritt Hock & Hamroff LLP will address legal developments affecting the equipment finance industry this year and best practices for managing them at the Equipment Leasing and Finance Association (ELFA)...
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May 09, 2023, 07:05 AM
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The Equipment Leasing and Finance Association (ELFA) recognized TBF for 25 years of membership in the organization. The company is an industry pioneer and leader in commercial debt buying. ELFA is the premier trade association representing companies...
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April 18, 2023, 07:20 AM
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Types of fraud common in the equipment finance industry, ways to identify fraud, and solutions to prevent and mitigate it were the topics of the Equipment Leasing and Finance Association’s recent webinar, “Fraud: What’s Old is New Again.” Debbie...
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March 30, 2023, 07:20 AM
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At a specially convened meeting of the Equipment Leasing and Finance Association (ELFA) Board of Directors, Chair Bob Neagle announced that President and CEO Ralph Petta will retire at the end of 2023. Petta has served in a variety of roles at ELFA...
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March 27, 2023, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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March 23, 2023, 07:23 AM
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DataScan announced its formal acceptance into the Equipment Leasing and Finance Association (ELFA), deepening its commitment to the equipment finance industry.For over 30 years, DataScan has provided solutions designed specifically for wholesale...
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March 14, 2023, 07:02 AM
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Fleet Advantage announced Jackie Jacobs, CLFP, Director of Data Analytics & Corporate Development, will be speaking during the Equipment Leasing and Finance Association’s (ELFA) March Emerging Talent Networking Event on March 14, from 6 p.m. to 8 p.m...
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March 14, 2023, 07:00 AM
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The Equipment Leasing and Finance Association has announced the agenda for the 2023 ELFA Women’s Leadership Forum, April 3-4 at the Palmer House Hilton in Chicago. The two-day event hosted by the ELFA Women’s Council will focus on leadership...
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February 27, 2023, 07:23 AM
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Amid the current dynamic market environment, the 2023 National Funding Conference will offer equipment finance professionals a unique opportunity to do business together. The annual conference, which connects funding sources with equipment finance...
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February 06, 2023, 07:18 AM
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The Equipment Leasing and Finance Association will convene its 2023 Equipment Management Conference & Exhibition on Feb. 26-28 at the Orlando World Center Marriott in Orlando, FL. The annual conference draws asset managers, equipment appraisers...
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January 26, 2023, 07:18 AM
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The Equipment Leasing and Finance Association announced that Eboni Preston-Laurent has joined the organization as Director of Diversity, Equity and Inclusion. In this newly created position, Preston-Laurent will oversee and manage strategy...
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January 18, 2023, 07:10 AM
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ENGS Commercial Finance Co. announced the appointment of Roman Gajda, a member of the leadership team at ENGS, to ELFA’s Independent Business Council Steering Committee.Gajda joined ENGS in 2015 and has been a key contributor on ENGS’ fintech...
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January 12, 2023, 07:13 AM
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Members of the equipment finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released the 2023 ELFA Calendar of Events, which...
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January 10, 2023, 07:18 AM
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The Equipment Leasing and Finance Association announced the results of the association’s Business Council Steering Committee elections. The committees are an integral part of ELFA operations, providing input on the direction of the association...
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December 19, 2022, 07:23 AM
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The Equipment Leasing and Finance Association released a report detailing compensation practices at small and medium-sized equipment leasing and finance companies. The 2022 Small and Medium Enterprise Compensation Survey reveals trends in...
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December 14, 2022, 07:22 AM
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Results of the 2022 Equipment Leasing and Finance Compensation Survey were featured during the recent webinar, “Compensation and Workforce Trends in Financial Services,” presented by ELFA. Moderator Bill Choi, VP, Research & Industry Services at ELFA...
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December 07, 2022, 07:25 AM
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Highlights from the 2022 Equipment Leasing and Finance Compensation Survey will be among the topics of discussion during the Equipment Leasing and Finance Association’s (ELFA) upcoming webinar, “Compensation and Workforce Trends in Financial Services...
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November 09, 2022, 07:24 AM
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This year the Equipment Leasing and Finance Association (ELFA) has been recognizing companies for various lengths of membership. The Alta Group is among just nine companies marking a 25-year milestone in this trade group that represents a $1 trillion...
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November 08, 2022, 07:20 AM
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The Equipment Leasing and Finance Association (ELFA) has named Valerie Hayes Jester to the 2022 Class of the Equipment Finance Hall of Fame. ELFA Chair Mike DiCecco made the announcement at the General Session of the 61st ELFA Annual Convention in...
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October 11, 2022, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) has announced that the winner of its Advocacy Champions Award for 2022 is the Bank Business Council Steering Committee. The award recognizes the Business Council Steering Committee (BCSC) that is...
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October 11, 2022, 07:20 AM
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ELFA sent the following message to registered attendees of the ELFA Annual Convention on Oct. 2 from Ralph Petta, ELFA President and CEO, and Mike DiCecco, ELFA Board Chair.Dear Convention Attendee:We are pleased to inform you that the 61st ELFA...
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October 03, 2022, 07:21 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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September 26, 2022, 07:23 AM
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The Equipment Leasing and Finance Association announced plans for the inaugural ELFA Equity Forum, Nov 6-7 in Washington, D.C., to celebrate and advance diversity, equity and inclusion (DEI) in the equipment finance industry. Industry professionals...
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September 21, 2022, 07:21 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Brittany S. Ogden to receive its 2022 Michael J. Fleming Distinguished Service Award. The award honors individuals who have made significant contributions to the association and the...
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September 06, 2022, 07:22 AM
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The Equipment Leasing and Finance Association has released the 2022 Interactive SEFA Dashboard, an online tool featuring highlights from the Survey of Equipment Finance Activity (SEFA). This free resource allows ELFA members to quickly and easily...
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August 31, 2022, 07:13 AM
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The Equipment Leasing and Finance Association released the detailed agenda for the 2022 Lease and Finance Accountants Conference, scheduled for Sept. 12-14 in New Orleans, LA. The three-day event will provide the latest information on accounting and...
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August 24, 2022, 07:22 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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August 23, 2022, 07:21 AM
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Commercial financing disclosure requirements taking effect in various states starting in 2022 will have a significant impact on the commercial equipment leasing and finance sector. ELFA’s State Advocacy team, led by Vice President of State Government...
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August 22, 2022, 07:22 AM
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The Equipment Leasing and Finance Association (ELFA) announced Meridian OneCap Credit Corp. is the recipient of the 2022 Operations and Technology Excellence Award. Their award-winning project will be showcased during ELFA’s Operations and Technology...
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August 10, 2022, 07:23 AM
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The Equipment Leasing and Finance Association unveiled Career Pathways, a comprehensive leadership development program for equipment finance professionals as they progress through each phase of their careers. Career Pathways is a comprehensive list...
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July 27, 2022, 07:30 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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July 26, 2022, 07:27 AM
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Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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June 24, 2022, 07:23 AM
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What are the current and forecasted conditions of credit and collections in the equipment finance industry? The Equipment Leasing and Finance Association has released its 2022 Credit Manager Survey and 2022 Collection Manager Survey with slide decks...
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June 21, 2022, 07:20 AM
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The Equipment Leasing and Finance Association released the detailed agenda for Emergence2022, a leadership development program for emerging talent in the equipment finance industry. The one-day event, to be held July 14 in Superior, CO, is designed...
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June 10, 2022, 07:22 AM
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At the May 19 ELFA Innovation Roundtable, attendees enjoyed an engaging and wide-ranging conversation focused on the theme, "Beyond Portals: Evolving Digital Customer Experience." During the interactive discussion, participants gained insights into...
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June 02, 2022, 07:21 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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May 24, 2022, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Charles W. Cross, Senior Lead Counsel at Wells Fargo, to receive its 2022 David H. Fenig Distinguished Service in Advocacy Award. The award honors individuals who have made significant...
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May 23, 2022, 07:25 AM
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The Equipment Leasing and Finance Association announced the Call for Presentations for the 61st ELFA Annual Convention. Proposals to speak at the convention, which is the largest annual gathering of equipment finance professionals, are due Friday...
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May 20, 2022, 07:20 AM
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The Equipment Leasing and Finance Association announced it is accepting member nominations for its 2022 Operations & Technology Excellence Award. The award recognizes equipment finance organizations that have successfully implemented an operational...
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May 05, 2022, 07:19 AM
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The Equipment Leasing and Finance Association (ELFA) has awarded Marc L. Hamroff, Managing Partner of Moritt Hock & Hamroff LLP, the Edward A. Groobert Award for Legal Excellence. ELFA Legal Committee Chair Jeanette Dannenfelser, Vice President and...
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May 03, 2022, 07:15 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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April 25, 2022, 07:24 AM
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The Equipment Leasing and Finance Association announced that Jeff Quigley has joined the organization as Vice President of Finance & Administration, effective March 31. Quigley will oversee the association’s finances and treasury operations as well...
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April 22, 2022, 07:25 AM
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This month the Equipment Leasing and Finance Association (ELFA) recognized ECS Financial Services for 25 years of membership in the organization. ELFA is the premiere trade association representing companies in the nearly $1 trillion equipment...
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April 08, 2022, 07:19 AM
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ARC Equipment Finance LLC, a privately held national equipment finance company, has joined the Equipment Leasing and Finance Association (ELFA). The trade association represents over 500 financial services companies and manufacturers. The membership...
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April 06, 2022, 07:06 AM
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At the March 3 ELFA Innovation Roundtable, attendees enjoyed an engaging and wide-ranging conversation about digital adoption. During the facilitated discussion, participants gained insights into how industry peers are dealing with digital adoption...
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April 01, 2022, 07:20 AM
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The Equipment Leasing and Finance Association announced the agenda for its 2022 Legal Forum scheduled for May 1-3 in Washington, DC. The Forum will provide attorneys serving the equipment finance industry with critical updates on legal issues...
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March 24, 2022, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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March 23, 2022, 07:24 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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February 24, 2022, 07:23 AM
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What are the hottest equipment markets of 2022? The 32nd annual “What’s Hot/What’s Not: Equipment Market Forecast 2022” from the Equipment Leasing and Finance Association (ELFA) reveals industry perceptions of 15 equipment markets based on a survey...
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February 15, 2022, 07:23 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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January 26, 2022, 07:24 AM
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The Equipment Leasing and Finance Association announced the 2022 Equipment Management Conference & Exhibition will be held in-person on Feb. 13-15 at the Westin La Paloma Resort in Tucson, AZ. The annual conference draws asset managers, equipment...
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January 21, 2022, 07:20 AM
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The Equipment Leasing and Finance Association announced that changes in commercial disclosure requirements in California and New York are expected to take effect in 2022 that will have a significant impact on the commercial equipment leasing and...
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January 18, 2022, 07:20 AM
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The Equipment Leasing and Finance Association is hosting a free webinar, “2021 MLFI Survey Summary: Leveraging Data to Improve Performance.” This special event will present 2021 year-end findings of its Monthly Leasing and Finance Index (MLFI-25)...
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January 12, 2022, 07:15 AM
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The Equipment Leasing and Finance Association (ELFA), which represents the nearly $1 trillion equipment finance sector, revealed its Top 10 Equipment Acquisition Trends for 2022. Real private investment by U.S. businesses in equipment and software is...
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January 11, 2022, 07:20 AM
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Members of the equipment leasing and finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released its 2022 calendar of events...
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January 06, 2022, 07:22 AM
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As the key source of business intelligence that is critical to its member companies, the Equipment Leasing and Finance Association has launched the Knowledge Hub, a one-stop online library that provides easy access to its wide range of industry...
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January 04, 2022, 07:22 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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December 22, 2021, 07:23 AM
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The Equipment Leasing and Finance Association released a report detailing compensation practices at small and medium-sized equipment leasing and finance companies. The 2021 Small and Medium Enterprise Compensation Survey reveals trends in...
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December 14, 2021, 07:20 AM
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Ivory Consulting’s Martin Klotzman, Senior Manager, Marketing and Product Management, was named Chair of the Emerging Talent Advisory Council.The Emerging Talent Advisory Council (ETAC) is comprised of up-and-coming employees from Equipment Leasing...
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December 14, 2021, 07:18 AM
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ELFA’s Technology Innovation Working Group continues to monitor technology and innovation trends to help equipment finance industry leaders understand the impacts and opportunities for the future of the industry. The group sponsored the interactive...
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December 07, 2021, 07:15 AM
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Compensation in the equipment finance industry was relatively flat in 2020, according to the 2021 Equipment Leasing and Finance Compensation Survey released by the Equipment Leasing and Finance Association (ELFA). Although industry new business...
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December 06, 2021, 07:22 AM
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As state-level regulatory pressures mount, the Equipment Leasing and Finance Association announced a new webinar designed to help industry leaders prepare for state-level regulations that are expected to impact equipment finance firms in the near...
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November 30, 2021, 07:23 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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November 23, 2021, 07:23 AM
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The Equipment Leasing and Finance Association announced the results of the association’s Business Council Steering Committee elections. A diverse group of ELFA members has been elected to serve on five committees representing key business sectors of...
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November 19, 2021, 07:20 AM
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ENGS Commercial Finance Co., a member of Mitsubishi HC Capital Group, announced the appointment of two of its employees to serve on the Equipment Leasing and Finance Association (ELFA) committees for a two-year term. Steven Holben, CLFP, Director of...
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November 02, 2021, 07:18 AM
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During the 60th Annual Convention of the Equipment Leasing and Finance Association, the association announced its new Board of Directors and Officers who will serve during the next 12 months. Michael DiCecco, Executive Managing Director of Huntington...
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October 27, 2021, 07:25 AM
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The Equipment Leasing and Finance Association announced that the winner of its Advocacy Champions Award for 2021 is the Bank Business Council Steering Committee. The award recognizes the Business Council Steering Committee (BCSC) that is most engaged...
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October 27, 2021, 07:10 AM
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Baker Donelson has added Bonnie L. Michael, previously General Counsel for Volvo Financial Services (USA), as a member of the firm's Financial Services Transactions Group and its Specialty Finance Team.Michael, who joins as a shareholder in the...
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October 21, 2021, 07:10 AM
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Moritt Hock & Hamroff (MH&H) announced two of its attorneys in the Secured Lending, Equipment and Transportation Finance Practice were selected to present at the Equipment Leasing & Finance Association (ELFA) Annual Convention, to be held in San...
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October 20, 2021, 07:01 AM
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The current funding environment in the equipment finance industry has been described as an ocean of liquidity, with sellers surfing and buyers swimming against the tide. ELFA Annual Convention goers will dive into funding trends and strategies during...
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October 13, 2021, 07:05 AM
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The Equipment Leasing and Finance Association has released the 2021 Interactive SEFA Dashboard, an online tool featuring highlights from the Survey of Equipment Finance Activity (SEFA). This free resource allows ELFA members to quickly and easily...
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October 12, 2021, 07:20 AM
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Fintech is often touted as a transformative force in equipment finance. But is it overcoming equipment sellers’ reluctance to offer finance options to their customers? What’s the return on investment for fintech innovation in the industry? Robert...
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October 05, 2021, 07:01 AM
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Given the extraordinary nature of the current COVID-19 pandemic, to provide for the health and safety of all attendees and staff at the 2021 ELFA Annual Convention in San Antonio, TX, on Oct. 24-26, ELFA requests that all conference attendees...
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September 27, 2021, 07:18 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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September 24, 2021, 07:20 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Thomas Ware to receive its 2021 Michael J. Fleming Distinguished Service Award. The award honors individuals who have made significant contributions to the association and the...
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September 21, 2021, 07:25 AM
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The Equipment Leasing and Finance Association announced the agenda for ELFA Lease & Finance Accountants Conference LIVE!, an interactive virtual conference on Sept. 14. This one-day event will provide the latest information on accounting and...
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September 03, 2021, 07:20 AM
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An introduction to omni-channel marketing, ways to build a content marketing strategy and a case study on bringing these elements together were the focus of the Equipment Leasing and Finance Association’s Aug. 19 webinar, “Reaching Your Customer in a...
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August 31, 2021, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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August 24, 2021, 07:23 AM
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Sasser Family Companies announced Chicago Freight Car Leasing (CFCL), a Sasser subsidiary, has won the 2021 ELFA Operations & Technology Excellence (O&TE) Award. This prestigious award is given annually by the Equipment Leasing and Finance...
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August 24, 2021, 07:16 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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July 26, 2021, 07:23 AM
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The equipment finance industry saw new business volume decrease 7 percent in 2020, according to the 2021 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). This marked the first time in a...
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July 19, 2021, 07:23 AM
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Registration is now open for the Equipment Leasing and Finance Association’s 60th ELFA Annual Convention, scheduled for Oct. 24-26 at the JW Marriott Hill Country in San Antonio, TX. For the first time ever, attendees will have the option to attend...
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July 06, 2021, 07:23 AM
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The Equipment Leasing and Finance Association released the detailed agenda for Emergence2021 LIVE!, a virtual leadership program on July 14 for emerging talent in the equipment finance industry. The one-day event, which is focused on the theme, “Look...
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July 01, 2021, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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June 23, 2021, 07:25 AM
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First Commonwealth Bank announced it is entering the equipment leasing and finance business with the addition of Rob Boyer to its executive team as Executive Vice President of First Commonwealth Bank and President of First Commonwealth Equipment...
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June 15, 2021, 07:25 AM
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The Equipment Leasing and Finance Association released an updated calendar of events for the remainder of 2021. The diverse event lineup will cover a broad range of topics and formats and provide a forum for equipment finance industry professionals...
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June 01, 2021, 07:18 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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May 26, 2021, 07:25 AM
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The Equipment Leasing and Finance Association announced plans for ELFA Credit & Collections Management LIVE!, an interactive virtual conference on June 7-8 focused on "Managing Risk in a New World.” The two-day event will address new and emerging...
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May 18, 2021, 07:20 AM
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LTi Technology Solutions announced Randy Haug has been awarded the 2021 Equipment Leasing and Finance Association (ELFA) Advocacy Award. Haug is Executive Vice President, Vice Chairman and co-founder for LTi. The association will present the award at...
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May 18, 2021, 07:15 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Randy Haug, Executive Vice President, Vice Chairman and Co-Founder of LTi Technology Solutions, to receive its 2021 David H. Fenig Distinguished Service in Advocacy Award. The award...
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May 17, 2021, 07:23 AM
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The Equipment Leasing and Finance Association announced it is accepting member nominations for its 2021 Operations & Technology Excellence Award. The award recognizes equipment finance organizations that have successfully implemented an operational...
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May 10, 2021, 07:23 AM
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The Equipment Leasing and Finance Association (ELFA) has awarded Bonnie Michael, Vice President Legal and Compliance USA for Volvo Financial Services, the Edward A. Groobert Award for Legal Excellence.ELFA Legal Committee Chair Lisa Moore, Senior...
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May 05, 2021, 07:17 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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April 23, 2021, 07:25 AM
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A record 268 professionals convened online for ELFA Women’s Leadership Forum LIVE! The popular leadership development conference hosted by the ELFA Women’s Council attracted a diverse group of members, from emerging talent to seasoned professionals...
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April 22, 2021, 07:20 AM
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The Equipment Leasing and Finance Association announced the Call for Presentations for the 60th ELFA Annual Convention. Proposals to speak at the convention, which is the largest and most important annual gathering of equipment finance professionals...
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April 19, 2021, 07:20 AM
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Moritt Hock & Hamroff (MH&H) announced three of its attorneys will be presenting at the 2021 Equipment Leasing and Finance Association (ELFA) Legal Forum LIVE! on May 4 and 5. Marc L. Hamroff, Robert S. Cohen, and Julia Gavrilov, all members of...
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April 09, 2021, 07:12 AM
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The Equipment Leasing and Finance Association (ELFA) recognized LTi Technology Solutions for 30 years of membership in the organization. ELFA is the premiere trade association representing companies in the nearly $1 trillion equipment finance sector....
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April 08, 2021, 07:18 AM
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The Equipment Leasing and Finance Association announced plans for ELFA Legal Forum LIVE!, an interactive virtual event on May 4-5. The Forum will provide attorneys serving the equipment finance industry with critical updates on legal issues...
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April 07, 2021, 07:07 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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March 23, 2021, 07:25 AM
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What are the hottest equipment markets of 2021? A new report from the Equipment Leasing and Finance Association (ELFA), What’s Hot/What’s Not: Equipment Market Forecast 2021, reveals industry perceptions of 15 equipment markets based on a survey of...
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March 04, 2021, 07:19 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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February 24, 2021, 07:26 AM
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The Equipment Leasing and Finance Association is celebrating its 60th anniversary in 2021, commemorating six decades of bringing industry professionals together for networking, education, advocacy and industry information. As the association looks...
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February 22, 2021, 07:22 AM
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Industry visionary Paul S. Gass passed away on Feb. 16. Gass was instrumental in the founding of the Equipment Leasing & Finance Foundation and was a member of the ELFA Equipment Finance Hall of Fame.Gass entered the equipment finance industry in...
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February 19, 2021, 07:19 AM
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The Equipment Leasing and Finance Association announced a three-part series of events celebrating Black History Month and diversity & inclusion, hosted by the ELFA Equality Committee. Professionals from across the equipment finance sector are invited...
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February 08, 2021, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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January 26, 2021, 07:25 AM
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The Equipment Leasing and Finance Association announced a diverse lineup of events scheduled for January through April of 2021. The events will cover a broad range of topics and formats, and each will provide a forum for equipment finance industry...
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January 12, 2021, 07:18 AM
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The Equipment Leasing and Finance Association has announced that for the first time the ELFA Equipment Management Conference & Exhibition will be delivered as a virtual event with a whole new look, feel and experience. ELFA Equipment Management LIVE!...
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January 07, 2021, 07:20 AM
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LTi Technology Solutions announced LTi’s Director of Account Management, Tara Aasand, has joined Equipment Leasing and Finance Association’s (ELFA) Federal Advocacy 2021 LeasePAC Steering Committee.The LeasePAC Steering Committee members are...
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December 23, 2020, 07:19 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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December 21, 2020, 07:23 AM
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The Equipment Leasing and Finance Association has responded to the Consumer Financial Protection Bureau’s (CFPB) proposals regarding Section 1071. The association has remained actively engaged with the CFPB to make sure Section 1071 of Dodd-Frank...
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December 18, 2020, 07:25 AM
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Prior to COVID-19, adopting e-signatures and e-leasing was on the list of to-dos of many equipment finance companies, but it became a priority when the pandemic struck and a return to normalcy remained unclear. During the Equipment Leasing and...
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December 17, 2020, 07:22 AM
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The Equipment Leasing and Finance Association (ELFA) on Dec. 3, submitted a comment letter to the Financial Accounting Standards Board on its new lease accounting proposal. The proposal is intended to improve three areas of its lease accounting...
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December 07, 2020, 07:15 AM
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The Equipment Leasing and Finance Association released the following key takeaways from the Dec. 2, meeting of the Financial Accounting Standards Board, prepared by John Bober, Chair of the ELFA Financial Accounting Committee. The FASB Meeting...
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December 04, 2020, 07:20 AM
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Amid industry disruption and turbulence due to the pandemic, the reputation of Independent equipment finance companies for being creative and resilient is being reinforced. A majority of participants polled during a session presented at ELFA 2020...
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November 25, 2020, 07:20 AM
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The Equipment Leasing and Finance Association announced the results of the association’s Business Council Steering Committee elections. A diverse group of ELFA members has been elected to serve on five committees representing key business sectors of...
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November 24, 2020, 07:18 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed its overall new...
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November 23, 2020, 07:28 AM
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Technological change is accelerating, and with so many advancing technologies on the scene, where should equipment finance companies invest their time, energy and dollars? The panel discussion, “Emerging Technology: Hype vs Reality,” at ELFA 2020...
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November 12, 2020, 07:20 AM
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History was made on Nov. 10, when Outgoing ELFA Board Chair Martha Ahlers passed the leadership torch to Incoming Chair Kris Snow at the ELFA Board of Directors meeting. Snow becomes the association’s third female Chair, following Ahlers and 2007...
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November 11, 2020, 07:20 AM
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Leaseurope, the trade federation representing leasing and automotive rental at European level, has called on the International Accounting Standards Board (IASB) to “Think Small First” before extending new lease accounting rules to its IFRS for SMEs...
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October 29, 2020, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) announced its new Board of Directors and Officers. Kristine A. Snow, President, Cisco Systems Capital Corporation, is the new ELFA Board Chair and Michael DiCecco, President of Huntington Equipment...
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October 28, 2020, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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October 23, 2020, 07:25 AM
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Compensation in the equipment finance industry increased moderately in 2019, according to the 2020 Equipment Leasing and Finance Compensation Survey released by the Equipment Leasing and Finance Association (ELFA), in partnership with McLagan....
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October 19, 2020, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Jeffry D. Elliott to receive its 2020 Michael J. Fleming Distinguished Service Award. The award honors individuals who have made significant contributions to the association and the...
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October 16, 2020, 07:09 AM
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The Equipment Leasing and Finance Association announced that more than 660 have registered for ELFA 2020 Business LIVE!, the virtual learning and networking conference for the equipment finance industry on Oct. 27-28. ELFA stressed that the last day...
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October 14, 2020, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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September 24, 2020, 07:25 AM
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The Equipment Leasing and Finance Association announced three new webinars scheduled for fall 2020. The webinars are designed to provide critical information to equipment finance professionals on essential hot topics. Each event will engage experts...
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September 18, 2020, 07:20 AM
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The Equipment Leasing and Finance Association announced the schedule of educational sessions for ELFA 2020 Business LIVE!, the virtual learning and networking conference for the equipment finance industry on Oct. 27-28. The sessions cover a wide...
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September 03, 2020, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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August 25, 2020, 07:27 AM
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Registration is now open for the equipment finance industry’s biggest event of the year: ELFA 2020 Business LIVE! This virtual learning and networking conference hosted by the Equipment Leasing and Finance Association will take place Oct. 27-28. ELFA...
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August 05, 2020, 07:18 AM
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The Equipment Leasing and Finance Association announced four new webinars scheduled for August. The webinars are part of the association’s popular “Wednesday Webinars @1” series created to provide critical information to equipment finance...
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August 04, 2020, 07:10 AM
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The adoption by public companies of the Current Expected Credit Loss (CECL) accounting model ASC 326-20 has coincided with one of the most challenging economic environments seen in generations. After the first quarter of reporting, the ELFA’s July 22...
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July 31, 2020, 07:11 AM
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New business volume grew 10.5% in the equipment finance industry in 2019, according to the 2020 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). The rise in new business volume marked the...
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July 29, 2020, 07:14 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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July 24, 2020, 07:30 AM
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The Equipment Leasing and Finance Association announced ELFA 2020 Business Live!, a virtual learning and networking conference for all equipment finance professionals on Oct. 27 and Oct. 28. This online event will replace the in-person ELFA Annual...
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July 15, 2020, 07:29 AM
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The Equipment Leasing and Finance Association released a Diversity & Inclusion Toolkit for ELFA members. The toolkit is designed to support member companies in their journey toward fostering a diverse and inclusive culture within their organizations....
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July 15, 2020, 07:00 AM
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The Equipment Leasing and Finance Association released the 2020 ELFA Software Guide showcasing the leading software solutions for the equipment finance industry. The guide is designed to help equipment finance companies compete in the new digital...
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July 07, 2020, 07:20 AM
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The sales tax implications of lease re-writes and modifications are another of the ongoing challenges facing financially distressed lessees and equipment finance companies due to the COVID-19 pandemic. Immediate concerns with lease re-writes...
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July 01, 2020, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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June 25, 2020, 07:25 AM
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James J. Ambrose, former Equipment Leasing and Finance Association Board Chair and longtime President of GE Healthcare Financial Services, has announced his retirement, effective June 30.Ambrose served as ELFA Chair in 2009, at a time when the...
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June 24, 2020, 07:25 AM
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The Equipment Leasing and Finance Association announced new webinars scheduled for June and July. The webinars are part of the association’s popular “Wednesday Webinars @1” series created to provide critical information to equipment finance...
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June 17, 2020, 07:10 AM
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Among the many outcomes of the COVID-19 pandemic are the passage of challenging legislation and the issuance of far-reaching executive orders with protections that encompass prohibiting debt collection and repossession. An examination of these...
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June 15, 2020, 07:30 AM
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In the difficult business environment caused by the impact of COVID-19, many lessors and lenders are receiving requests from their customers for some form of payment accommodation. Navigating modification accounting, application of the Financial...
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June 03, 2020, 07:20 AM
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The current pandemic has reinforced the need for equipment finance companies to focus on their operational resiliency efforts now and for the long term. Steps to address the needs caused by the crisis and take a more holistic approach to building...
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May 27, 2020, 07:12 AM
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In the face of COVID-19, a growing number of equipment finance businesses are finding that being able to contract electronically is essential. For equipment finance companies looking to ramp up their e-signing and e-leasing capabilities in the...
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May 13, 2020, 07:19 AM
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The Equipment Leasing and Finance Association has launched an online course on the Equipment Finance Transaction Lifecycle. This new resource walks users step-by-step through the lifecycle of an equipment finance transaction—from origination through...
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May 11, 2020, 07:18 AM
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Among the fallout from the COVID-19 pandemic is an increase in fraud and cybersecurity risks in the equipment finance industry in recent months. These threats and recommendations for combatting them were among the critical topics for equipment...
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May 05, 2020, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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March 24, 2020, 07:25 AM
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The Equipment Leasing and Finance Association launched the Federal Government COVID-19 Response Resource webpage. ELFA created this new resource to provide its members with the latest information regarding how the federal government is responding to...
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March 24, 2020, 07:20 AM
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The Equipment Leasing and Financing Association announced it was making changes to its event schedule reflecting new guidance from the Centers for Disease Control and Prevention related to the COVID-19 coronavirus.“ELFA is closely monitoring and...
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March 18, 2020, 07:13 AM
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The Equipment Leasing and Financing Association announced it was making changes to its April event schedule as a precautionary measure due to concerns around the COVID-19 coronavirus.“We have been closely monitoring and evaluating the situation...
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March 12, 2020, 07:15 AM
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The Equipment Leasing and Finance Association launched Equipment Finance Matters, a new podcast showcasing insightful interviews with leaders in the equipment finance industry. The podcast features a diverse group of executives sharing how they...
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March 10, 2020, 07:07 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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February 26, 2020, 07:20 AM
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The Equipment Leasing and Finance Association launched the ELFA Engage app, a new hub for events, information and collaboration in the equipment finance community. The app, which is available for both iOS and Android, is an easy-to-use tool for...
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February 19, 2020, 07:20 AM
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The Equipment Leasing and Finance Association (ELFA) released its "What’s Hot/What’s Not: Equipment Market Forecast 2020" with industry perceptions of 15 equipment markets based on a survey of ELFA members. It is the 30th anniversary of the report's...
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February 04, 2020, 07:26 AM
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The Equipment Leasing and Finance Association has launched a new interactive online course, Understanding the Master Lease Agreement. The course is designed for equipment finance professionals in sales, credit and documentation and anyone seeking...
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January 28, 2020, 07:09 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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January 27, 2020, 07:17 AM
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Industry icon and former Equipment Leasing and Financing Association Chair Bob Stubbs passed away on Jan. 18, 2020 at home in New Jersey. Bob was an inaugural inductee into the Equipment Finance Hall of Fame in 2014.Bob had a distinguished career in...
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January 22, 2020, 07:25 AM
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It is with sorrow that the Alta Group mourns the passing of its friend and an industry icon, John H. Giddens, but also with profound gratitude that they are able to have known such a remarkable person.In 1992 he joined leasing industry executives...
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January 08, 2020, 07:28 AM
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Members of the equipment leasing and finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released its 2020 calendar of events...
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January 03, 2020, 07:05 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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December 20, 2019, 07:30 AM
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Ivory Consulting Corporation’s CEO, Scott Thacker, has been named founding chair of the steering committee for ELFA Equality, the Equipment Leasing and Finance Association’s new diversity and inclusion initiative, and he has also been elected chair...
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December 10, 2019, 07:15 AM
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The Equipment Leasing and Finance Association announced it has formed an Equality Steering Committee devoted to promoting diversity and inclusion across the association and the equipment finance industry. In 2018 the ELFA Board of Directors...
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December 03, 2019, 07:12 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new...
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November 22, 2019, 07:30 AM
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Crestmark Equipment Finance announced the appointment of the division’s President Thomas R. Rutherford to the Equipment Leasing and Finance Association’s Board of Directors for 2020.
The Equipment Leasing and Finance Association recently announced...
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November 22, 2019, 07:20 AM
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The Equipment Leasing and Finance Association has announced the results of the association’s September 2019 Business Council Steering Committee elections. The Business Council Steering Committees are the association’s primary constituent bodies and...
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November 21, 2019, 07:26 AM
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During the 58th Annual Convention of the Equipment Leasing and Finance Association (ELFA), the association announced its new Board of Directors and Officers who will serve during the next 12 months. Martha Ahlers, President of United Leasing &...
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October 30, 2019, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) announced the inaugural winner of its Advocacy Champions Award for 2019 is the Financial Institutions Business Council Steering Committee.The award recognizes the Business Council Steering...
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October 30, 2019, 07:05 AM
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The Equipment Leasing and Finance Association (ELFA) has named Paul S. Gass and Frederick E. Wolfert to the 2019 Class of the Equipment Finance Hall of Fame. The induction ceremony took place Oct. 26 at the Chairman’s Dinner preceding the 58th ELFA...
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October 29, 2019, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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October 23, 2019, 07:03 AM
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A study released by the Equipment Leasing and Finance Association (ELFA) finds compensation in the equipment finance industry grew moderately in 2018. The 2019 Equipment Leasing and Finance Compensation Survey measures compensation rates for the 2018...
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October 15, 2019, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Lori Frasier, Chair of the ELFA Women’s Council, to receive the 2019 Michael J. Fleming Distinguished Service Award. The award honors individuals who have made significant...
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October 09, 2019, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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September 26, 2019, 07:20 AM
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The Equipment Leasing and Finance Association has released the 2019 Interactive SEFA Dashboard, an online tool featuring highlights from the Survey of Equipment Finance Activity (SEFA). This free resource allows ELFA members to quickly and easily...
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September 25, 2019, 07:15 AM
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The Equipment Leasing and Finance Association released a report detailing compensation practices at small and medium-sized equipment leasing and finance companies. The 2019 Small and Medium Enterprise Compensation Survey reveals trends in...
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September 18, 2019, 07:20 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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August 23, 2019, 07:30 AM
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The law firm Lane Powell announced that friend and colleague Malcolm Lindquist passed away on Sunday, Aug. 4, after losing a courageous battle with cancer. The firm described Lindquist as a man of great integrity, wit and infectious humor, with...
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August 15, 2019, 07:14 AM
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The Equipment Leasing and Finance Association is hosting a free one-hour webinar to present findings of its 2019 Survey of Equipment Finance Activity (SEFA), the largest and most important source of statistical information on the $1 trillion...
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July 26, 2019, 07:05 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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July 24, 2019, 07:30 AM
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The Equipment Leasing and Finance Association released the 2019 ELFA Software Guide showcasing the leading software solutions for the equipment finance industry. The guide is designed to help equipment finance companies compete in the new digital...
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July 23, 2019, 07:00 AM
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The Equipment Leasing and Finance Association (ELFA) announced the winners of its 2019 Operations and Technology Excellence Award. Cisco Systems Capital Corporation is recognized for Project Excellence and John Deere Financial is recognized for...
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July 15, 2019, 07:25 AM
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New business volume grew 4.4 percent in the equipment finance industry in 2018, according to the 2019 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). The rise was lower than the 6.9...
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July 09, 2019, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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June 25, 2019, 07:10 AM
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Robert S. Cohen, partner at Moritt Hock & Hamroff LLP and noted speaker on cybersecurity and the law, will lead a session at the Equipment Leasing and Finance Association (ELFA) Credit & Collections Management Conference in St. Petersburg, FL....
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May 30, 2019, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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May 23, 2019, 07:30 AM
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The Equipment Leasing and Finance Association announced equipment finance executives from across the country will gather in Washington, D.C., for ELFA’s Capitol Connections event, May 15 at the Washington Court Hotel. This event is designed to...
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May 08, 2019, 07:10 AM
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The Equipment Leasing and Finance Association (ELFA) has awarded Andrew K. Alper, Vice President and Shareholder with Frandzel Robins Bloom & Csato, L.C., and Marjorie Krumholz, Partner with Thompson Coburn LLP, the Edward A. Groobert Award for Legal...
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May 07, 2019, 07:20 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Moorari K. Shah, Counsel for Buckley LLP, to receive its 2019 David H. Fenig Distinguished Service in Advocacy Award. The award honors individuals who have made significant...
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May 02, 2019, 07:18 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for March was $8.2 billion, down 10 percent year-over-year from new business volume in March 2018. Volume was up 39...
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April 24, 2019, 07:20 AM
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Frederick “Rick” Eugene Wolfert, 64, of Greensboro, GA, passed away peacefully on April 9, 2019 at St. Mary’s Good Samaritan Hospital in Greensboro, GA. Rick had a long and distinguished career in the equipment finance industry. He was an active...
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April 12, 2019, 07:30 AM
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The Equipment Leasing and Finance Association (ELFA) announced it is accepting member nominations for its 2019 Operations & Technology Excellence (O&TE) Award. The award will be presented to up to two winners at the ELFA Operations & Technology...
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April 05, 2019, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed overall new business volume for February was $5.9 billion, down 24 percent year-over-year from new business volume in February 2018. Volume was...
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March 25, 2019, 07:25 AM
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Most equipment leasing and finance executives believe blockchain technology is relevant and offers a competitive advantage, but few have acted on it, according to a new report by Deborah Reuben and The Alta Group. The authors of this report advise...
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March 07, 2019, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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February 26, 2019, 07:20 AM
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Crestmark Equipment Finance (CEF) announced the appointment of the division’s Chief Information Officer (CIO) Jeffrey Emrich to the Equipment Leasing and Finance Association’s (ELFA) Operations & Technology Planning Committee for 2019. The goal of...
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February 15, 2019, 07:10 AM
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What: The Equipment Leasing and Finance Association is hosting a free one-hour webinar that will showcase how equipment finance companies can use its Survey of Equipment Finance Activity (SEFA) to solve practical business problems and benchmark their...
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February 06, 2019, 07:05 AM
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What are the hottest equipment markets of 2019? A new report from the Equipment Leasing and Finance Association, What’s Hot/What’s Not: Equipment Market Forecast 2019, reveals industry perceptions of 15 equipment markets based on a survey of ELFA...
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February 04, 2019, 07:20 AM
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David Normandin, CLFP, President and CEO of Wintrust Specialty Finance, has been elected to serve on the Board of Directors for the Equipment Leasing and Finance Association (ELFA). This will be Normandin’s first year to serve as a board member...
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January 30, 2019, 07:01 AM
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The Equipment Leasing and Finance Association (ELFA) announced its Top 10 Equipment Acquisition Trends for 2019. Given U.S. businesses, nonprofits and government agencies will spend over $1.8 trillion in capital goods or fixed business investment...
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January 29, 2019, 07:25 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25 showed overall new business volume for December was $12.7 billion, down 1 percent year-over-year from new business volume in December 2017. Volume was...
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January 24, 2019, 07:05 AM
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The best way to kick off the new year is by investing in yourself! To help you start 2019 off right, the Equipment Leasing and Finance Association is offering a 25 percent New Year’s discount off the price of the new Fundamentals of Equipment Leasing...
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January 03, 2019, 07:02 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for November was $8 billion, up 7 percent year-over-year from new business volume in November 2017. Volume was down...
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December 20, 2018, 07:30 AM
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The Equipment Leasing and Finance Association (ELFA) announced it has released an innovative new data visualization tool for equipment finance companies called MySEFA. This interactive tool lets companies that participate in the association’s Survey...
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December 17, 2018, 07:25 AM
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Kirk S. Phillips, President and CEO of Wintrust Commercial Finance, has been selected to serve as Chairman on the Financial Institutions Business Council Steering Committee for the Equipment Leasing and Finance Association (ELFA). This will be...
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December 04, 2018, 07:05 AM
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The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for October was $8.9 billion, up 6 percent year-over-year from October 2017. Volume was up 5 percent month-to-month...
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November 21, 2018, 07:30 AM
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Jesse Johnson, Director of Sales at LTi Technology Solutions, has been elected to a second term on the ELFA’s Service Providers Business Council Steering Committee. He will continue to help push the committee initiatives that support items such as...
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November 15, 2018, 07:12 AM
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ENGS Commercial Finance Co. announced John Vande Moore, Chief Financial Officer, has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Small Ticket Business Council Steering Committee.
The Small Ticket Business...
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November 15, 2018, 07:00 AM
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Nexseer Capital announced Sohini Roy, Chief Financial Officer of Nexseer, has been elected to the ELFA Independent Middle Market Business Council Steering Committee.“I am pleased to be a part of this group of industry leaders. The role of the...
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November 09, 2018, 07:00 AM
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The Equipment Leasing and Finance Association announced the results of the association’s September 2018 Business Council Steering Committee elections. The Business Council Steering Committees are the association’s primary constituent bodies and are...
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November 08, 2018, 07:25 AM
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The Equipment Leasing and Finance Association announced it has added new language to its mission statement and 2019-2021 Strategic Plan that explicitly embraces diversity and inclusion. Earlier this year the ELFA Board of Directors established a...
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November 06, 2018, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed overall new business volume for September was $8.5 billion, down 2 percent year-over-year from new business volume in September 2017. Volume...
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October 26, 2018, 07:25 AM
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Daniel J. Krajewski, President and Chief Executive Officer of Sertant Capital, has been elected to the Equipment Leasing and Finance Association’s (ELFA) Board of Directors. Also, Michael Quimby, Executive Vice President of Sertant Capital’s Fleet...
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October 24, 2018, 07:00 AM
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During the 57th Annual Convention of the Equipment Leasing and Finance Association (ELFA), the association announced its new Board of Directors and Officers who will serve during the next 12 months.Jud Snyder, President of BMO Harris Equipment...
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October 17, 2018, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) has named Edward A. Dahlka, Jr. to the 2018 Class of the Equipment Finance Hall of Fame. ELFA President and CEO Ralph Petta made the announcement at the General Session of the 57th ELFA Annual...
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October 15, 2018, 07:07 AM
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Compensation in the equipment finance industry increased moderately in 2017, according to the 2018 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association (ELFA) and McLagan. Industry new business volume...
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October 11, 2018, 07:20 AM
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From the impact of robotics technology on equipment finance to the sharing economy’s influence on evolving business models, breakout sessions of the Equipment Leasing and Finance Association (ELFA) Annual Convention Oct. 14-16 in Phoenix will prepare...
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October 08, 2018, 06:55 AM
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David Schaefer, founder and CEO of Orion First and Mintaka Financial, and Chairman of the Board of Directors of the Equipment Leasing & Finance Association (ELFA), is a panelist at the 2018 European Leasing and Consumer Credit Industry Annual...
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October 05, 2018, 07:05 AM
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Douglas R. Williams, Vice President and Chief Information Officer of JDR Solutions Inc., has been elected to the Equipment Leasing and Finance Association’s Business Council Steering Committee.Williams will serve a two-year term on the council’s...
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October 03, 2018, 07:15 AM
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The Equipment Leasing and Finance Association released a report detailing compensation practices at small and medium-sized equipment leasing and finance companies. The 2018 Small and Medium Enterprise Compensation Survey reveals trends in...
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October 01, 2018, 07:21 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed overall new business volume for August was $8.9 billion, up 14 percent year-over-year from new business volume in August 2017.The index reports...
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September 26, 2018, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Deborah Reuben, CLFP, President of Reuben Creative, to receive the 2018 Michael J. Fleming Distinguished Service Award. The award honors individuals who have made significant...
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September 18, 2018, 07:20 AM
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The Equipment Leasing and Finance Association has launched a new online dashboard featuring key data from the Survey of Equipment Finance Activity (SEFA). The Interactive SEFA Dashboard includes the latest data from the 2018 SEFA, as well as...
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September 13, 2018, 07:12 AM
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The Equipment Leasing and Finance Association in September filed a formal Comment Letter with The Financial Accounting Standards Board on proposed amendments to the new lease accounting standard. The Proposed Accounting Standards Update, Leases...
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September 12, 2018, 07:03 AM
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Equipment finance companies collect and generate a wealth of data, but most are unsure how to leverage it to increase competitiveness in strategic ways. Those attending the Equipment Leasing and Finance Association (ELFA) Operations & Technology...
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August 28, 2018, 07:22 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), showed their overall new business volume for July was $8.2 billion, up 4 percent year-over-year from new business volume in July 2017. Volume was down...
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August 23, 2018, 07:23 AM
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To compete in today’s rapidly changing world, equipment finance companies are innovating their business processes and recognizing the value of investing in technology upgrades, according to the 2018 ELFA Software Guide released today by the Equipment...
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August 02, 2018, 07:05 AM
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The Equipment Leasing and Finance Association is hosting a free one-hour webinar to present findings of its 2018 Survey of Equipment Finance Activity (SEFA), the largest and most important source of statistical information on the $1 trillion...
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August 01, 2018, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for June was $9.1 billion, down 7 percent year-over-year from new business volume in June 2017. Volume was up 18...
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July 25, 2018, 07:20 AM
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New business volume grew 6.9 percent in the equipment finance industry in 2017, according to the 2018 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). The rise in new business volume marked...
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July 18, 2018, 07:20 AM
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The Equipment Leasing and Finance Association has launched a new version of its flagship training course, Fundamentals of Equipment Leasing and Finance. The completely overhauled program engages users through an interactive, online interface that...
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July 12, 2018, 07:10 AM
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The Equipment Leasing and Finance Association (ELFA) announced its 2018 Operations and Technology Excellence Award will go to CWB National Leasing Inc. The award-winning project will be showcased during ELFA’s Operations and Technology Conference...
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July 10, 2018, 07:20 AM
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What is the state of credit and collections in the equipment finance industry? The 8th Annual Credit Manager Survey provides some key insights. The survey results, based on feedback from 128 ELFA credit and collections leaders, were presented at the...
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July 06, 2018, 07:15 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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June 26, 2018, 07:25 AM
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The Equipment Leasing & Finance Foundation released the June 2018 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 66.2 in June, up from the May index of 64.6.Designed to...
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June 21, 2018, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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May 24, 2018, 07:30 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Conrad Eimers, President of Vision Financial Group, Inc., to receive its 2018 David H. Fenig Distinguished Service in Advocacy Award.The award honors individuals who have made...
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May 15, 2018, 07:30 AM
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The Equipment Leasing and Finance Association (ELFA) has awarded Stewart G. Abramson, Senior Managing Counsel at Wells Fargo Equipment Finance, and Dominic A. Liberatore, Deputy General Counsel at DLL, the Edward A. Groobert Award for Legal...
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May 08, 2018, 07:05 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for March was $9.1 billion, up 2 percent year-over-year from new business volume in March 2017. Volume was up 18...
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April 25, 2018, 07:25 AM
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The Equipment Leasing and Finance Association (ELFA) announced the silent auction held at the 2018 ELFA Equipment Management Conference raised $4,340 for charity. The funds will be donated to the Guardian Ad Litem Foundation of Tampa Bay, an...
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April 03, 2018, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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March 22, 2018, 07:30 AM
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Hancock Whitney Equipment Finance executive Chris Bucher has been elected to serve a two-year term on the Equipment Leasing and Finance Association (ELFA) Financial Institutions Business Council Steering Committee.Hancock Whitney Equipment Finance is...
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March 08, 2018, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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January 25, 2018, 07:03 AM
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The Equipment Leasing and Finance Association has released its 2018 calendar of events, which includes face-to-face conferences and workshops and web-based programs. Continuing education credits are available for many of the offerings. Details about...
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January 03, 2018, 06:02 AM
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The Equipment Leasing and Finance Association (ELFA) is innovating its research offerings to deliver critical data to its members in a more dynamic and accessible format. As part of this effort, the association has launched an interactive edition of...
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December 06, 2017, 07:35 AM
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Daniel J. Krajewski, President and Chief Executive Officer of Sertant Capital, has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Independent Middle Market Business Council Steering Committee.The Independent...
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November 21, 2017, 07:00 AM
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The Equipment Leasing and Finance Association has announced the results of the association’s September 2017 Business Council Steering Committee elections. The Business Council Steering Committees are the association’s primary constituent bodies and...
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November 14, 2017, 07:17 AM
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Compensation in the equipment finance industry increased modestly in 2016, according to the 2017 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association (ELFA) and McLagan. Industry new business volume...
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October 17, 2017, 07:15 AM
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The equipment leasing hell-or-high-water clause is “on trial” and you - the audience - will decide its fate at the Equipment Leasing and Finance Association (ELFA) Convention in Orlando. The mock trial, taking place at 3 p.m. on Monday Oct. 23, will...
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October 10, 2017, 07:18 AM
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The opinions of business leaders including company chief executive officers, directors, chairmen and presidents paint a detailed picture of a developing and dynamic market. Their views are revealed in White Clarke Group’s new US Auto & Equipment...
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October 04, 2017, 07:09 AM
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The Equipment Leasing and Finance Association has released a new report detailing compensation practices at small and medium-sized equipment leasing and finance companies. The 2017 Small and Medium Enterprise (SME) Compensation Survey reveals...
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October 03, 2017, 07:03 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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September 26, 2017, 07:15 AM
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Mintaka Financial announced that it has received the ELFA’s 2017 Excellence in Operations and Technology Award with its fully connected platform for its independent partner originators. The partner solution includes an origination system containing a...
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September 08, 2017, 07:12 AM
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To help lessees and lessors prepare for the new lease accounting standard, the Equipment Leasing and Finance Association has released “Quick Quiz: Test Your Lease Accounting I.Q.” The quiz is comprised of 12 yes or no questions pertaining to...
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August 23, 2017, 07:07 AM
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The Equipment Leasing and Finance Association is hosting a free one-hour webinar to present findings of its 2017 Survey of Equipment Finance Activity, the largest and most important source of statistical information on the $1 trillion equipment...
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August 01, 2017, 07:02 AM
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In order to compete in today’s rapidly changing world, equipment finance firms are innovating their business processes and recognizing the value of investing in technology upgrades, according to the 2017 Software Guide released by the Equipment...
Read Story
July 28, 2017, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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July 26, 2017, 07:10 AM
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New business volume grew 2.5% in the equipment finance industry in 2016, according to the 2017 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). The rise in new business volume marked the...
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July 14, 2017, 07:15 AM
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What’s the state of credit and collections in the equipment finance industry? The 7th Annual Credit Manager Survey provides some key insights. The survey results, based on feedback from close to 300 ELFA members, were presented at ELFA’s 2017 Credit...
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June 29, 2017, 07:18 AM
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Andrew G. Mesches, a director with The Alta Group, will join speakers at the Equipment Leasing and Finance Association’s annual Credit & Collections Management Conference, “Shift Happens: Navigating the Future,” where he will moderate the panel...
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June 05, 2017, 07:02 AM
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The Equipment Leasing and Finance Association (ELFA) has awarded Barry S. Marks, founding shareholder of Marks & Associates, P.C., the Edward A. Groobert Award for Legal Excellence. Marks received the award on May 8 at the ELFA Legal Forum in St....
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May 10, 2017, 07:14 AM
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The Equipment Leasing and Finance Association announced that equipment finance executives from across the country will gather in Washington, D.C., for ELFA’s Capitol Connections event, May 17-18 at the Washington Court Hotel. This event is designed...
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May 04, 2017, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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April 26, 2017, 07:12 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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March 23, 2017, 07:15 AM
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The Equipment Leasing and Finance Association (ELFA) announced it is accepting member nominations for its 2017 Operations & Technology Excellence (O&TE) Award. The award will be presented to up to two winners at the ELFA Operations & Technology...
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March 21, 2017, 07:00 AM
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The Alta Group CEO John C. Deane is presenting at the ELFA-IMN Investors' Conference on Equipment Finance March 22 in New York on a panel providing an outlook on capital markets, current trends and market conditions, as well as a look back at...
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March 15, 2017, 07:06 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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February 24, 2017, 07:10 AM
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The vast majority (78%) of U.S. businesses lease or finance their equipment, and today the Equipment Leasing and Finance Association released a new infographic highlighting why this method of equipment acquisition is so popular. The “8 Reasons to...
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February 15, 2017, 07:00 AM
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The Equipment Leasing and Finance Association has earned a Platinum Award in the 2017 AVA Digital Awards, an international competition that recognizes excellence in digital communication. ELFA was recognized for the redesign of its flagship website...
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February 14, 2017, 07:00 AM
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The Equipment Leasing and Finance Association (ELFA) announced it is accepting nominations for the Equipment Finance Hall of Fame Class of 2017. The program recognizes individuals who have made significant contributions to the equipment finance...
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February 01, 2017, 06:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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January 26, 2017, 07:10 AM
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Onset Financial's General Counsel, Scott Finlinson recently accepted an appointment to the Equipment Leasing & Finance Association Legal Committee. He will serve until November 2019. Before joining Onset Financial full-time, Finlinson was an...
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January 25, 2017, 06:15 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the January 2017 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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January 19, 2017, 07:20 AM
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The Equipment Leasing and Finance Association (ELFA) which represents the $1 trillion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2017. Given U.S. businesses, nonprofits and government agencies will spend over...
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January 18, 2017, 07:27 AM
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Key Equipment Finance Vice President Colleen Daly has joined the Equipment Leasing and Finance Association's communications committee, which guides the association's internal and external communications. Daly, who joined Key Equipment Finance in 2004...
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January 17, 2017, 06:47 AM
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Quentin Cote, EVP, Mintaka Financial has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Small Ticket Business Council Steering Committee. Quentin has spent his career in the specialty finance sector, lending...
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January 11, 2017, 07:10 AM
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Members of the equipment leasing and finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released its 2017 calendar of events...
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January 04, 2017, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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December 21, 2016, 07:19 AM
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Amur Equipment Finance (AmurEF), announced that Co-President and Chief Operating Officer Malia K. Du Mont has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Independent Middle Market Business Council Steering...
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December 07, 2016, 07:05 AM
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Jesse Johnson, senior sales executive at LeaseTeam, Inc., has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Service Providers Business Council Steering Committee.The Service Providers Business Council...
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November 23, 2016, 07:00 AM
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David S. Wiener of The Alta Group has been re-elected to serve on the Service Providers Business Council Steering Committee of the Equipment Leasing and Finance Association. This is the second two-year term for Wiener, an Alta Managing Director...
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November 21, 2016, 06:44 AM
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Jon Gerson, President of Executive Solutions, has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Service Providers Business Council Steering Committee.The Service Providers Business Council Steering Committee...
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November 18, 2016, 06:18 AM
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Kirk Phillips, President and CEO of Wintrust Commercial Finance has been re-elected to serve a two-year term on the Equipment Leasing and Finance Association’s Financial Institutions Business Council Steering Committee. The Financial Institutions...
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November 16, 2016, 07:09 AM
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The Equipment Leasing and Finance Association has announced the results of the association’s September 2016 Business Council Steering Committee elections. The Business Council Steering Committees are the association’s primary constituent bodies and...
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November 10, 2016, 07:10 AM
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October’s issue of Equipment Leasing and Finance (ELFA) Magazine prominently features three ECS Financial employees, Sinead Murphy, Tobey Wilson, and Anne Dalgaard on the cover. The image honors them for their commitment to the finance industry and...
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October 12, 2016, 07:04 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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September 26, 2016, 07:30 AM
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Compensation in the equipment finance industry increased modestly in 2015, according to the 2016 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association (ELFA) and McLagan. For the sixth consecutive year...
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September 15, 2016, 07:14 AM
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Ivory Consulting Corporation is proud to announce that Senior Consultant, Ray James, was selected by the Equipment Leasing and Finance Association (ELFA) to receive its 2016 Michael J. Fleming Distinguished Service Award. This award honors those who...
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September 14, 2016, 07:05 AM
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The Canadian Finance & Leasing Association (CFLA) Conference Sept. 21-23 at Niagara Falls, Ontario, will feature presentations focused on Evolving in Turbulent Times, with Ralph Petta’s discussion about the challenges and opportunities of doing...
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September 08, 2016, 07:03 AM
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Robert Fagan, Vice President of Collections at Eastern Funding, has been invited by the Equipment Leasing & Finance Association (ELFA) to join its Credit and Collections Management Planning Committee for 2017.The committee serves as an information...
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September 02, 2016, 07:00 AM
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ELFA Announces Lease and Finance Accountants Conference Sept. 12-14, 2016
What: 2016 Lease and Finance Accountants Conference, hosted by the Equipment Leasing and Finance AssociationWhen: Sept. 12-14, 2016Where: Hyatt Regency Baltimore on the Inner...
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September 01, 2016, 06:56 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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August 24, 2016, 07:10 AM
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Equipment finance companies looking to stay competitive in a digital world are recognizing the value of investing in technology upgrades, according to the 2016 Software Guide released by the Equipment Leasing and Finance Association. Whether to meet...
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August 23, 2016, 07:12 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the August 2016 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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August 18, 2016, 07:15 AM
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For the seventh year in a row, the much anticipated Collections Effectiveness Survey was presented and well received at ELFA’s 2016 Credit and Collections Management Conference, June 5-7 in Denver, Colorado. The survey was started in 2010 to bring...
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August 03, 2016, 07:09 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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July 26, 2016, 07:15 AM
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New business volume grew 12.4% in the equipment finance industry in 2015, according to the 2016 Survey of Equipment Finance Activity (SEFA) released today by the Equipment Leasing and Finance Association (ELFA). The rise in new business volume...
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July 20, 2016, 07:10 AM
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LEAF Commercial Capital, Inc. (LEAF) announced winning the 2016 ELFA Operations and Technology Excellence Award.The ELFA Operations and Technology Excellence Award recognizes equipment finance organizations taking the lead in developing inventive...
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July 14, 2016, 06:56 AM
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The Equipment Leasing and Finance Association (ELFA) announced that its 2016 Operations and Technology Excellence Award will go to two companies: LEAF Commercial Capital, Inc. and National Leasing. The winners were selected by a subcommittee of ELFA...
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July 13, 2016, 07:12 AM
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The Equipment Leasing and Finance Association announces that Scott Riehl has joined the organization as Vice President of State Government Relations, effective June 1. Riehl will direct and execute all aspects of the association’s state government...
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June 14, 2016, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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May 25, 2016, 07:10 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the May 2016 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both the...
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May 19, 2016, 07:21 AM
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2016 Capitol Connections, hosted by the Equipment Leasing and Finance Association will be held Wednesday, May 18 – Thursday, May 19 at the Washington Court Hotel in Washington, D.C. Attendees will include Presidents, CEOs and senior executives of...
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May 10, 2016, 07:00 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Dennis Brown, ELFA Vice President of State Government Relations, to receive its 2016 David H. Fenig Distinguished Service in Advocacy Award. The award, named for ELFA’s former Vice...
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May 09, 2016, 07:06 AM
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The Equipment Leasing and Finance Association (ELFA) has awarded Alan Mogol, Principal at Ober, Kaler, Grimes & Shriver, the Edward A. Groobert Award for Legal Excellence. Mogol received the award May 2 at the ELFA Legal Forum in San Francisco. ELFA...
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May 04, 2016, 06:48 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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April 25, 2016, 07:42 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the April 2016 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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April 21, 2016, 07:20 AM
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Chihiro (“Chris” ) Shirai, Chairman, CEO and Board Director of Hitachi Capital America Corp. (“HCA”), announced that effective April 1,2016, William H. Besgen, HCA’s Vice Chairman and Board Director, has decided to relinquish his current positions...
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April 01, 2016, 07:19 AM
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The Equipment Leasing and Finance Association (ELFA) announced it is accepting member nominations for its 2016 Operations & Technology Excellence Award. The award will be presented to up to two winners at the ELFA Operations & Technology Conference...
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March 31, 2016, 07:10 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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March 23, 2016, 07:10 AM
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The Equipment Leasing and Finance Association (ELFA) has released a host of new user-friendly tools to help lessors and lessees prepare for new lease accounting rules issued recently by the Financial Accounting Standards Board. The association is...
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March 02, 2016, 07:10 AM
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Ralph Petta, President and CEO of the Equipment Leasing and Finance Association, released the following statement regarding the new lease accounting standard issued by the Financial Accounting Standards Board (FASB):“We welcome the release of the new...
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February 26, 2016, 07:17 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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February 24, 2016, 07:15 AM
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Staying competitive in a digital world is making replacement of front- and back-end systems a top priority for equipment finance firms, reveals the 2015/2016 Business Technology Performance Index (BTPI) released by the Equipment Leasing and Finance...
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February 09, 2016, 07:15 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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January 27, 2016, 07:10 AM
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The Equipment Leasing and Finance Association has announced two new opportunities for lessors to learn about forthcoming changes to the lease accounting standard: a one-hour web seminar on Feb. 9 and a one-day workshop on March 2. Both events are...
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January 21, 2016, 07:04 AM
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Key Equipment Finance announced that Gina Ringgenberg has joined Key Equipment Finance as vice president and leasing manager for the company’s federal team. Ringgenberg’s role is unique in that it marks the first time the federal group has hired a...
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January 19, 2016, 07:29 AM
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The Equipment Leasing and Finance Association (ELFA) which represents the $1 trillion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2016. Given U.S. businesses, nonprofits and government agencies will spend over...
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January 12, 2016, 07:16 AM
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The Equipment Leasing and Finance Association’s new President and CEO Ralph Petta announced three staff promotions, effective Jan. 1.
Julie Benson, Vice President, Membership Marketing - Julie Benson joined ELFA in 2013 as Director of Membership....
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January 05, 2016, 07:15 AM
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Members of the equipment leasing and finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released its 2016 calendar of events...
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January 05, 2016, 07:03 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new...
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December 21, 2015, 07:12 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1.046 trillion equipment finance sector, showed their overall...
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November 23, 2015, 07:11 AM
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The Equipment Leasing and Finance Association has released a new educational tool that addresses impending changes to the lease accounting standard. The white paper, “Changes in Lease Accounting: The Benefits of Equipment Lease Financing Remain,” is...
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November 12, 2015, 07:20 AM
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The Equipment Leasing and Finance Association has announced the results of the association’s September 2015 Business Council Steering Committee elections. The Business Council Steering Committees are the association’s primary constituent bodies and...
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November 10, 2015, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their...
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October 23, 2015, 07:05 AM
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How do Independent equipment finance companies raise capital today when banks are focused on managing regulatory compliance, anticipating new legislation and dealing with increased competition? This is the key question to be addressed in an Oct. 27...
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October 22, 2015, 07:00 AM
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On the opening day of the ELFA Convention, panelists from The Alta Group, Genpact and Equipment Data Associates will invite attendees to join them in mapping the customer journey through leasing, and in sharing ideas about how it can be re-energized...
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October 09, 2015, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their overall new...
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September 23, 2015, 06:58 AM
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The Equipment Leasing and Finance Association announces that Heather Staverman, CMP, has joined the organization as Director of Meetings and Exhibits, effective Sept. 10. In this position, Staverman will plan, manage, implement and promote several...
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September 15, 2015, 07:00 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Lesley Sterling, ELFA Vice President of Business and Professional Development, to receive its 2015 Distinguished Service Award. The award honors individuals who have made significant...
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September 14, 2015, 07:06 AM
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Compensation in the equipment finance industry increased modestly in 2014, according to the 2015 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association (ELFA) and McLagan. For the fifth consecutive year...
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September 10, 2015, 07:15 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their overall new...
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August 25, 2015, 07:05 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the August 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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August 21, 2015, 07:00 AM
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As the U.S. economy continues to improve and new technology solutions enter the marketplace, equipment finance companies are modernizing their IT systems and using technology in new ways to solve problems and create opportunity. The 2015 Software...
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August 12, 2015, 07:00 AM
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New business volume grew 6.7% in the equipment finance industry in 2014, according to the 2015 Survey of Equipment Finance Activity (SEFA) released today by the Equipment Leasing and Finance Association (ELFA). The rise in new business volume marked...
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July 28, 2015, 07:16 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their...
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July 24, 2015, 07:22 AM
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The Equipment Leasing and Finance Association (ELFA) announces that its 2015 Operations and Technology Excellence Award will go to two companies: Element Financial Corporation and Quick Bridge Funding, LLC. The winners were selected by a subcommittee...
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July 23, 2015, 06:45 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the June 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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July 22, 2015, 07:05 AM
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Wheeler Business Consulting LLC has published its first book, Call to Action. Scott A. Wheeler CLFP, a thirty-four year veteran in the commercial equipment leasing and finance industry, has compiled his favorite sales tips into an easy-to-read...
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July 16, 2015, 06:45 AM
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Napier Park Global Capital (“Napier Park”) announced that Joseph Lane has joined the firm’s private equity group, Napier Park Financial Partners, as a managing director. “We are excited to welcome Joe to Napier Park,” said Manu Rana, managing...
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July 08, 2015, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) informational end-user website, Equipment Finance Advantage, has been honored with two awards for communications excellence. The website, at www.EquipmentFinanceAdvantage.org, is a winner in the...
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June 25, 2015, 07:06 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their overall new...
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June 22, 2015, 07:15 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the June 2015 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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June 18, 2015, 07:03 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their overall new...
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May 22, 2015, 07:00 AM
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How do you stay ahead of the curve in credit and collections management, even with an uptick in new business volume? When senior credit and collections executives gather in Washington, D.C., next month for the Equipment Leasing and Finance...
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May 20, 2015, 06:00 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Valerie Hayes Jester, President of Brandywine Capital Associates, Inc., to receive its 2015 David H. Fenig Distinguished Service in Advocacy Award. The award, named for ELFA’s former...
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May 11, 2015, 07:00 AM
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What: 2015 Capitol Connections, hosted by the Equipment Leasing and Finance AssociationWhen: Wednesday, May 13 – Thursday, May 14Where: Washington Court Hotel, Washington, D.C. Who Attends: Presidents, CEOs and senior executives of ELFA member...
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May 11, 2015, 05:50 AM
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The Equipment Leasing and Finance Association (ELFA) has awarded Barbara Goodstein, Partner at Mayer Brown LLP, the Edward A. Groobert Award for Legal Excellence. Goodstein received the award at the ELFA Legal Forum in Nashville. ELFA Legal Committee...
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May 07, 2015, 07:00 AM
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LeaseTeam announced that the company’s Chief Executive Officer and Chairman, Russ Hallberg; its Executive Vice President and Vice Chairman, Randy Haug; and its Executive Vice President and Chief Business Development Officer, Jeff Van Slyke, will...
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May 06, 2015, 06:47 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their overall new...
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April 23, 2015, 07:05 AM
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For banks involved in the equipment leasing and asset finance business, regulatory agency requirements stemming from the “Great Recession” have forced banks to assign higher levels of loss to equipment-based defaults and thus allocate a higher level...
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April 21, 2015, 06:36 AM
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The Equipment Leasing and Finance Association (ELFA) has responded to a new proposal regarding credit risk under the Basel framework. ELFA is calling for risk weighting treatment for commercial leases and loans backed by capital equipment, in...
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April 20, 2015, 07:07 AM
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The Equipment Leasing and Finance Association (ELFA) announced it is accepting member nominations for its 2015 Operations & Technology Excellence (O&TE) Award. The award will be presented to up to two winners at the ELFA Operations & Technology...
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March 11, 2015, 06:57 AM
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The RVI Group is pleased to announce Sharon N. McKenna has been appointed Vice President, Aircraft Risk and Asset Management. Sharon will be responsible for all underwriting of commercial and general aviation transactions, performing risk analysis...
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March 05, 2015, 07:12 AM
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The Equipment Leasing and Finance Association (ELFA) announced it is accepting nominations for the Equipment Finance Hall of Fame Class of 2015. The program recognizes individuals who have made significant contributions to the equipment finance...
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March 03, 2015, 07:00 AM
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In a release from White Clarke Group, CEO – Americas Jonathan Dodds said over much of last year, the U.S. showed the rest of the world the way in terms of economic growth, and the momentum in the economy is being reflected in the performance of the...
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February 19, 2015, 07:15 AM
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Nearly 300 asset managers, equipment appraisers and remarketers will convene in Miami, Feb. 22-24, for the 26th Annual ELFA Equipment Management Conference. The conference will allow professionals in the equipment leasing and finance industry to...
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February 11, 2015, 05:54 AM
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The Equipment Leasing and Finance Association (ELFA) announced that President and CEO William G. Sutton, CAE, will retire at the end of 2015 and that ELFA’s Executive Committee and Board of Directors have voted unanimously to name Chief Operating...
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February 02, 2015, 07:12 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their overall new...
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January 26, 2015, 07:00 AM
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Visitors to the Equipment Leasing and Finance Association’s (ELFA) end-user website, Equipment Finance Advantage, will find new enhancements that make it a more powerful resource than ever for helping businesses take advantage of the benefits of...
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January 20, 2015, 07:00 AM
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Favorable Economic and Financing Conditions Will Drive Replacement and Expansion SpendingThe Equipment Leasing and Finance Association (ELFA) which represents the $903 billion equipment finance sector, today revealed its Top 10 Equipment Acquisition...
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January 12, 2015, 07:00 AM
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Members of the equipment leasing and finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released its 2015 calendar of events...
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January 06, 2015, 06:51 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903 billion equipment finance sector, showed their overall new...
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December 19, 2014, 07:02 AM
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The Equipment Leasing and Finance Association has announced the results of the association’s September 2014 Business Council Steering Committee elections. The Business Council Steering Committees are the association’s primary constituent bodies and...
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November 05, 2014, 07:10 AM
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VeriStor Systems, an advanced IT solutions provider specializing in virtual infrastructure and enterprise private, public and hybrid cloud services and solutions, today announced that Bob Necessary has been promoted to Chief Financial Officer....
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October 08, 2014, 07:02 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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September 24, 2014, 07:00 AM
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eOriginal, Inc. announced that a leading equipment leasing firm has selected eOriginal SmartSign® eSignature and eAsset™ Management Services to enhance its business processes, accelerate sales and improve the customer experience.
“eOriginal has long...
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September 19, 2014, 05:27 AM
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The Equipment Leasing and Finance Association has selected John Bober, Global Technical Controller for GE Capital, to receive its 2014 Distinguished Service Award. The award honors individuals who have made significant contributions to the...
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September 09, 2014, 07:00 AM
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Compensation in the equipment finance industry increased modestly in 2013, according to the 2014 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association (ELFA) and McLagan. For the fourth consecutive year...
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September 03, 2014, 07:03 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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August 25, 2014, 06:58 AM
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The Equipment Leasing and Finance Association is mourning the passing of Michael J. Fleming, who served as the association’s President for 27 years. Mike passed away Aug. 19 after a long but valiant fight with cancer.The family would appreciate...
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August 20, 2014, 07:08 AM
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The Equipment Leasing and Finance Association announced that Odessa Technologies’ implementation of LeaseWave® at BB&T Equipment Finance Corporation has won the Operations & Technology Excellence (O&TE) Award for 2014. This marks the fourth time in...
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July 21, 2014, 06:12 AM
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New business volume grew 9.3% in the equipment finance industry in 2013, according to the 2014 Survey of Equipment Finance Activity (SEFA) released today by the Equipment Leasing and Finance Association. The growth in volume was down from the 16.4%...
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July 08, 2014, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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June 24, 2014, 06:30 AM
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As the U.S. economy continues to improve and new technology solutions enter the marketplace, equipment finance companies are modernizing their IT systems and using technology in new ways to solve problems and create opportunity. The 2014 Software...
Read Story
June 20, 2014, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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May 22, 2014, 06:47 AM
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The Equipment Leasing and Finance Association (ELFA) has awarded Michael Tobak, Senior Vice President and General Counsel at GE Healthcare Financial Services, the Edward A. Groobert Award for Legal Excellence. Tobak received the award at the ELFA...
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May 05, 2014, 02:00 PM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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April 23, 2014, 06:39 AM
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ELFA is mourning the loss of long-time member, industry leader and ELFA Director Jim McGrane, who passed away on March 13. EverBank has provided the following statement:
It is with heavy hearts that we tell you that our friend and colleague, Jim...
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March 17, 2014, 07:04 AM
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Construction, oil/gas/energy and trucks/trailers are the hottest equipment sectors of 2014, according to a survey of 100 asset managers and consultants to be released at the Equipment Leasing and Finance Association’s 26th Annual Equipment Management...
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February 12, 2014, 07:07 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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January 27, 2014, 07:00 AM
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Members of the equipment leasing and finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released its 2014 calendar of events...
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January 17, 2014, 06:53 AM
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Economic Improvement and Favorable Financing Conditions Will Drive Capital Spending This YearThe Equipment Leasing and Finance Association (ELFA) which represents the $827 billion equipment finance sector, today revealed its Top 10 Equipment...
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January 13, 2014, 07:02 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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December 20, 2013, 07:02 AM
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The Equipment Leasing and Finance Association (ELFA) has released three new resources to help businesses take advantage of the benefits of equipment finance. The multimedia resources—a video, a digital toolkit and an infographic—highlight how...
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December 03, 2013, 09:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new...
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November 25, 2013, 06:54 AM
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Michael A. Toglia, Publisher of Equipment Finance Advisor and ABL Advisor has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Service Providers Business Council Steering Committee.The Service Providers...
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November 18, 2013, 06:00 AM
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The Equipment Leasing and Finance Association announced the results of the association’s September 2013 Business Council Steering Committee elections. The Business Council Steering Committees are the association’s primary constituent bodies and are...
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November 13, 2013, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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October 23, 2013, 07:00 AM
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During the 52nd Annual Convention of the Equipment Leasing and Finance Association (ELFA), the association announced its new Board of Directors and Officers who will serve during the next 12 months. Adam D. Warner, President of Key Equipment Finance...
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October 23, 2013, 06:57 AM
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The Equipment Leasing and Finance Association launched a new video highlighting the benefits of ELFA membership for companies in the $725 billion equipment finance sector. The video, “The Value of ELFA Membership,” showcases a diverse group of...
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October 01, 2013, 06:55 AM
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The Equipment Leasing and Finance Association (ELFA) raised serious concerns that a revised proposal to change lease accounting rules would increase the cost and complexity of lease accounting without significantly improving the quality and relevance...
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September 11, 2013, 07:00 AM
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Calls for Boards to Reevaluate the Leases ProjectWilliam G. Sutton, CAE, President and CEO of the Equipment Leasing and Finance Association, released the following statement highlighting recent developments that add to mounting evidence that the...
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September 04, 2013, 07:03 AM
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Today ELFA President and CEO William G. Sutton, CAE, sent the following message to all ELFA members: We need your help! You and your customers have only two weeks left to comment on the lease accounting Exposure Draft. ELFA is urging all lessees...
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August 30, 2013, 07:05 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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August 23, 2013, 07:00 AM
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The Equipment Leasing and Finance Association (ELFA) announced that its 2013 Operations and Technology Excellence Award will go to two companies: TCF Equipment Finance, Inc., and SunPower Corporation. The winners were selected by a subcommittee of...
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August 16, 2013, 07:08 AM
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BBVA Compass announced it now offers equipment leasing and financing to companies across the nation that need everything from new aircraft to rail cars and medical equipment. The company said the bank is stepping into this market as the ongoing...
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August 15, 2013, 07:05 AM
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The Equipment Leasing and Finance Association has selected Kevin P. Prykull, Senior Vice President and Credit Executive at PNC Equipment Finance, LLC, to receive its 2013 Distinguished Service Award. The award honors individuals who have made...
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August 15, 2013, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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July 24, 2013, 07:05 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the July 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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July 22, 2013, 07:06 AM
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On July 9, ELFA's lease accounting team—members Rod Hurd, John Bober and Bill Bosco and Chief Operating Officer Ralph Petta—met at the offices of the Financial Accounting Standards Board in Norwalk, Conn., to discuss the lease accounting Exposure...
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July 15, 2013, 06:58 AM
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Investment in equipment and software is expected to grow 4.8 percent in 2013, according to the Q3 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. The Foundation decreased...
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July 10, 2013, 07:03 AM
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New business volume grew 16.4% in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association. The growth in volume was on par with the 16.5%...
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July 02, 2013, 07:00 AM
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International Decision Systems (IDS) announced the release of InfoLease 10, which combines a new open architecture with best-in-class InfoLease functionality that is trusted by customers worldwide to manage their mission-critical portfolios. ...
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June 28, 2013, 07:00 AM
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As the economy improves and as equipment leasing and finance companies prepare for the upcoming lease accounting changes, more are upgrading their technology—front end, back end, and enterprise-wide. The 2013 Software Guide released today by the...
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June 25, 2013, 07:02 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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June 21, 2013, 07:03 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the June 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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June 19, 2013, 07:08 AM
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The Equipment Leasing and Finance Association will hold a web seminar, “Changes in Lease Accounting: Analysis and Implications for Your Business,” on Thursday, June 27, 12:30pm-2pm ET. The web seminar will analyze the lease accounting Exposure Draft...
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June 05, 2013, 07:03 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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May 23, 2013, 07:10 AM
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William G. Sutton, CAE, President and CEO of the Equipment Leasing and Finance Association, today released the following statement regarding the exposure draft published by the Financial Accounting Standards Board (FASB) and the International...
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May 16, 2013, 10:10 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Julia Pierce, President at Pierce Capital, to receive its 2013 David H. Fenig Distinguished Service in Advocacy Award. The award, named for ELFA’s former Vice President of Federal...
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May 15, 2013, 07:00 AM
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The Equipment Leasing and Finance Association has awarded Mark Kohler, General Counsel for Syndications at GE Capital Americas, the Edward A. Groobert Award for Legal Excellence. Kohler received the award at the ELFA Legal Forum on May 6 in...
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May 14, 2013, 09:00 AM
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The Equipment Leasing and Finance Association (ELFA) announces it is accepting nominations for its Distinguished Service Award, which honors an individual who has made a significant contribution to the association and the equipment finance industry....
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April 26, 2013, 07:01 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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April 23, 2013, 07:05 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the April 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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April 19, 2013, 07:23 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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March 25, 2013, 07:42 AM
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The Equipment Leasing & Finance Foundation (the Foundation) released the March 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the...
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March 22, 2013, 07:18 AM
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The Equipment Leasing and Finance Association (ELFA) announced it is accepting member nominations for its 2013 Operations & Technology Excellence (O&TE) Award. The O&TE Award will be presented to two winners at the ELFA Operations & Technology...
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March 19, 2013, 06:00 AM
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Michigan-based TIP Capital announces the hire of two leasing industry professionals, Jim Merrilees and Bruce Braviroff, as Vice Presidents of National Accounts for the Specialty Markets Group, which works with equipment manufacturers nationwide to...
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March 14, 2013, 07:27 AM
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The Equipment Leasing and Finance Association announced that Julie Benson has joined the organization as Director of Membership. In this position, Benson will lead ELFA's efforts to recruit, retain and renew members as well as oversee the...
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March 08, 2013, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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February 26, 2013, 07:29 AM
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The Equipment Leasing and Finance Association (ELFA) announces that Megan Kueck has joined the organization as Director of State Government Relations, effective Feb. 4. In this position, Kueck will monitor, analyze and advocate on state legislation...
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February 21, 2013, 07:22 AM
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Equipment management professionals from the equipment leasing and finance industry will gather at the 25th Annual Equipment Management Conference & Exhibition, Feb. 24-26 in Tampa, Fla, to evaluate current market conditions, portfolio quality and...
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February 08, 2013, 06:55 AM
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Daniel Krajewski, Vice President of Business Development at Direct Capital, has been named the Chair of the Equipment Leasing & Finance Association’s Captive & Vendor Finance Business Council Steering Committee. Krajewski brings more than 20 years of...
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February 07, 2013, 06:51 AM
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TBF Financial reported gaining six major business opportunities recently from companies committed to selling charge-offs in the first half of 2013, a far greater number than ever before in the 15-year history of the company, said Brett Boehm...
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February 04, 2013, 07:12 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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January 25, 2013, 07:30 AM
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The Equipment Leasing and Finance Association (ELFA) which represents the $725 billion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2013. Given that every year U.S. businesses, nonprofits and government...
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January 14, 2013, 07:20 AM
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The ELFA community is mourning the loss of long-time member Dennis Neumann, Chief Executive Officer of BNY Capital Funding, who passed away suddenly on Jan. 4. Neumann contributed to the association in countless ways. He served as 2004-2005 ELFA...
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January 08, 2013, 07:43 AM
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Members of the equipment leasing and finance industry will have multiple opportunities to network and engage in business and professional development this year. The Equipment Leasing and Finance Association has released its 2013 calendar of events...
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January 04, 2013, 07:30 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new...
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December 21, 2012, 07:39 AM
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The Equipment Leasing and Finance Association (ELFA) has launched a new website, www.EquipmentFinanceAdvantage.org, to help businesses take advantage of all the benefits of equipment leasing and finance. The Equipment Finance Advantage website is a...
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December 05, 2012, 07:39 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for October was $7.6 billion, up 27...
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November 27, 2012, 07:59 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the November 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of...
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November 20, 2012, 08:05 AM
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Kirk Phillips, Senior Vice President, AIG Commercial Asset Finance, has been re-elected to serve on the Equipment Leasing and Finance Association's Financial Institutions Business Council Steering Committee. The Financial Institutions Business...
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November 14, 2012, 06:00 AM
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The Equipment Leasing and Finance Association announced the results of the association’s September 2012 Business Council Steering Committee elections. The Business Council Steering Committees are the association’s primary constituent bodies and are...
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November 08, 2012, 07:29 AM
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Sustained economic growth spurred an increase in compensation among originators in the equipment finance industry in 2011, according to the 2012 Equipment Leasing & Finance Compensation Survey from the Equipment Leasing and Finance Association (ELFA)...
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November 05, 2012, 07:33 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for September was $8.2 billion, up...
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October 24, 2012, 07:50 AM
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During the 51st Annual Convention of the Equipment Leasing and Finance Association (ELFA), the association announces its new Board of Directors and Officers who will serve during the next 12 months. Richard J. Remiker, President of Huntington...
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October 24, 2012, 07:45 AM
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The equipment finance market will exceed $740 billion in 2013, according to preliminary data released today by the Equipment Leasing & Finance Foundation from the forthcoming U.S. Equipment Finance Market Study 2012-2013. The Foundation revealed the...
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October 23, 2012, 07:00 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the October 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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October 22, 2012, 07:40 AM
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PayNet, a firm that provides risk management tools to the commercial credit industry shows moderate loan delinquencies stand at 1.40% now while they bottomed at 1.60% in 2006 during the last expansionary cycle. Furthermore, AbsolutePD®, a leading...
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October 22, 2012, 06:45 AM
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Today, during the 51st Annual Convention of the Equipment Leasing and Finance Association, the association’s Board of Directors issued a Policy Statement on Comprehensive Tax Reform. The statement outlines key principles the association, which...
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October 22, 2012, 06:00 AM
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International Decision Systems (IDS) announced that the company is being recognized for 30 years of membership in the Equipment Leasing and Finance Association (ELFA), the premier trade association representing financial services organizations from...
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October 18, 2012, 06:43 AM
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Jim Merrilees, CLP, has joined Great American Insurance Group as a Business Development Consultant. He is working with the Specialty Equipment Services division, a leading provider of insurance products and services to the equipment finance...
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October 15, 2012, 08:06 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases a new quarterly update to its 2012 Equipment Leasing & Finance U.S. Economic Outlook today. The report, which is focused on the $628 billion equipment leasing and finance industry...
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October 04, 2012, 07:58 AM
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OnePak, Inc., a provider of online equipment returns for original equipment manufacturers and leasing companies, announced the election of Joseph C. Lane as Chairman of its Board of Directors. Lane also brings Sinter Partners, the private equity firm...
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October 03, 2012, 06:36 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for August was $6.9 billion, up 21%...
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September 25, 2012, 07:50 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the September 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of...
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September 24, 2012, 07:48 AM
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CFO.com reports the new lease accounting proposal agreed upon by the FASB and IASB is still getting pummeled by finance executives. Ralph Petta, chief operating officer at the Equipment Leasing and Finance Association (ELFA) notes that the boards’...
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September 20, 2012, 07:14 AM
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The Equipment Leasing and Finance Association (ELFA) announced Andy Fishburn has joined the organization as Vice President of Federal Government Relations, effective September 10. Fishburn will direct and operate all aspects of the association’s...
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September 20, 2012, 06:55 AM
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The annual business meeting of the National Equipment Finance Association (NEFA) was held this year on Friday, September 14, during NEFA’s Funding Symposium at the Renaissance Washington, DC DuPont Circle Hotel, in Washington, DC. Officers and...
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September 17, 2012, 07:24 AM
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Ecologic Leasing Services announced that the company has released a new version of LeaseAccelerator that is designed to enable equipment lessees, the users of leased equipment, to transition in the most efficient and effective manner to the expected...
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September 12, 2012, 06:00 AM
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TBF Financial, LLC, based in Deerfield , announced today that its principal, Brett Boehm, has been appointed to the Credit and Collections Planning Committee of the Equipment Leasing and Finance Association (ELFA).This committee helps the national...
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September 06, 2012, 07:11 AM
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The Equipment Leasing and Finance Association (ELFA) has announced it may withdraw its support for the proposal to develop a new lease accounting standard, calling the current proposal “fraught with difficulties.” In a letter to the Financial...
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September 05, 2012, 10:00 AM
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The Bank of Birmingham announced the expansion of its business services to include equipment lease financing. Equipment lease and finance transactions enable companies to acquire the equipment they need to grow their businesses and according to the...
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August 29, 2012, 07:36 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for July was $6.6 billion, up 15.8...
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August 23, 2012, 08:08 AM
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The Equipment Leasing and Finance Association (ELFA) has selected Andrew Mesches, a 30-year veteran of the equipment leasing industry, to receive its 2012 Distinguished Service Award. The award honors individuals who have made significant...
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August 22, 2012, 07:50 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for June was $8 billion, up 9.5...
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July 25, 2012, 07:58 AM
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An increasing number of equipment leasing and finance companies are seeking to modernize their information technology (IT) systems due to an improving economy and new features that helping companies make the business case for their investment...
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July 24, 2012, 07:36 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the July 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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July 23, 2012, 08:10 AM
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New business volume grew 16.5% in the equipment finance industry in 2011, according to the 2012 Survey of Equipment Finance Activity (SEFA) released today by the Equipment Leasing and Finance Association. The growth in volume surpassed the 3.9%...
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July 19, 2012, 07:44 AM
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LEAF Commercial Capital, Inc. (“LEAF”) was recently notified that it has been selected as the winner of the Equipment Leasing and Finance Association’s (“ELFA”) prestigious 2012 Operations & Technology Excellence Award. The award is presented...
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July 19, 2012, 06:05 AM
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The Equipment Leasing and Finance Association announced that its 2012 Operations & Technology Excellence Award will go to two companies: LEAF Commercial Capital, Inc. and AIG Commercial Asset Finance. The winners were selected by a subcommittee of...
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July 17, 2012, 07:43 AM
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The Alta Group, a global consultancy, provided market research and equipment finance industry insight to CI Capital Partners, a New York-based private equity firm to support CI Capital’s acquisition of Total Fleet Solutions (TFS) of Holland, Ohio....
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July 17, 2012, 06:45 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases a new quarterly update to its 2012 Equipment Leasing & Finance U.S. Economic Outlook today. The report, which is focused on the $628 billion equipment leasing and finance industry...
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July 10, 2012, 08:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for May was $6.2 billion, up 10.7...
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June 26, 2012, 08:10 AM
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According to a posting on the Equipment Leasing and Finance Association web site, ELFA members met with the Securities & Exchange Commission’s Office of Structured Finance during ELFA’s Capitol Connections conference in May to discuss the...
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June 22, 2012, 06:40 AM
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The Equipment Leasing and Finance Association announced the new David H. Fenig Distinguished Service in Advocacy Award. The award will be presented annually to an ELFA member volunteer who has made an extraordinary contribution to the association’s...
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May 25, 2012, 07:00 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for April was $6.1 billion, up 20...
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May 23, 2012, 08:00 AM
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The Equipment Leasing and Finance Association launched a new resource to help equipment manufacturers and vendors provide financing to their customers. The Manufacturer & Vendor Resource Center is a starting point for manufacturers to learn the...
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May 22, 2012, 07:00 AM
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In the latest developments on the Financial Accounting Standards Board (FASB)/International Accounting Standards Board (IASB) Leases Project, the Boards have conducted outreach meetings with the main objective of changing the lessee cost pattern. At...
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May 03, 2012, 07:30 AM
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The latest FASB/IASB Lease Accounting Project meetings on February 28 and 29 had as the main objective changing the lessee cost pattern to straight line similar to current GAAP. The reason for the continued work on the lessee cost pattern is that...
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April 27, 2012, 05:30 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for March was $6.8 billion, up 10%...
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April 24, 2012, 08:20 AM
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Susan Carol has been appointed chairwoman of the new Communications Committee serving the Equipment Leasing and Finance Association (ELFA).The committee's mission is to support the external and internal communications interests of ELFA's diverse...
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April 23, 2012, 06:15 AM
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Equipment Leasing and Finance Association (ELFA) President and CEO William G. Sutton, CAE, recognized Ralph Petta, Chief Operating Officer, for his 25 years of service to the association.Petta joined the association staff in April 1987 and has served...
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April 12, 2012, 07:00 AM
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EquipmentEngine Financial Services Company, LLC unveiled another set of innovations today at the Equipment Leasing & Finance Association’s (ELFA) annual Equipment Management conference. These new innovations come as the second part of a bold...
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April 02, 2012, 07:30 AM
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The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $628 billion equipment finance sector, showed overall new business volume for February was $5.0 billion, up 22...
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March 27, 2012, 08:00 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the March 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of both...
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March 23, 2012, 08:30 AM
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The Commercial Finance Association (CFA), together with nine other trade associations in the financial services industry, has submitted an amicus (friend of the court) brief to the United States Supreme Court in the case styled RadLAX Gateway Hotel...
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March 21, 2012, 08:15 AM
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The Equipment Leasing & Finance Foundation (the Foundation) releases the February 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of...
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February 23, 2012, 08:15 AM
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