Article Archive — Associations
CLP Program Focuses on Practical Benefits
Now More Than Ever...
Equipment finance attorney Barry Marks speaks for many in lauding the benefits of the Certified Leasing Program offered by the CLP Foundation. While the industry continues to reshape itself, Marks and others firmly believe that the CLP designation is not only beneficial, but critical for success.
Read more...
Equipment Leasing & Finance Association
With Advocacy and Offerings, the ELFA Is Dedicated to Both Protect and Serve
Once again with the fall conferences on the horizon, the Monitor continues its tradition of interviewing the president of the Equipment Leasing and Finance Association to catch up on the issues and concerns that affect the industry at large. After a year of transition, we spoke with William G. Sutton as he takes the helm once again … this time at the industry’s largest association.
Read more...
National Association of Equipment Leasing Brokers
Monitor Presents Second Annual Brokers’ Choice Awards
The Monitor presented its second annual Brokers’ Choice Awards on April 17 at the National Association of Equipment Leasing Broker’s (NAELB) Annual Conference in Atlanta.
Read more...
National Association of Equipment Leasing Brokers
Despite a Challenging Environment, NAELB Offers ‘Success By Association’
The National Association of Equipment Leasing Brokers (NAELB) will celebrate its 20th anniversary this year during its annual conference in Atlanta from April 15-17. The association has grown from a handful of founding brokers who got together in Atlanta, to a group of over 1,000 companies representing brokers, funding sources and associate members in 2009.
Read more...
Get to Know the National Equipment Finance Association
Second Year Brings Enhancements, Opportunities
The National Equipment Finance Association (NEFA) serves small- to mid-sized independent equipment finance companies, lessors and sophisticated brokers. Formed through the strategic merger of two dynamic organizations, the United Association of Equipment Lessors (UAEL) and the Eastern Association of Equipment Lessors (EAEL), and now in its second year of operation, NEFA is a strong association offering enhanced programs, premium networking opportunities, and greater geographic and industry segment diversity.
Read more...
Equipment Leasing and Finance Association: It’s Full Steam Ahead
With Some Changes at the Top
As the fall conferences approach, the Monitor continues its tradition of spending time with the president of the Equipment Leasing and Finance Association to find out about the association’s accomplishments, setbacks and plans for the coming year. But unlike previous interviews, the winds of change brought about an unexpected addition to this year’s update.
Read more...
Equipment Leasing and Finance Association 2009 Investor Conference
Some Rays of Hope in a Financial Tsunami
Despite the global financial crisis in which assets fell by $50 trillion since last year and the industry was facing its 15th month in recession, at the March 19 ELFA/IMN Investor Conference in New York, attendees expressed some hope and optimism.
Read more...
National Association of Equipment Leasing Brokers
In Good Times & Bad, The NAELB Is On Your Side
The Monitor sits down with Jack Harvey, president of the National Association of Equipment Leasing Brokers (NAELB) to discuss why he thinks the current business climate makes this the best time to become a member.
Read more...
National Equipment Finance Association
The Creation of NEFA — A New Equipment Leasing & Financing Association
The National Equipment Finance Association (NEFA) launches into its first year as the newly combined entity of the UAEL and the EAEL. In this year’s message, Brent Hall, CEO of Pinnacle Finance and the group’s first president, provides an overview of his experience in the association, its mission and its value to the equipment leasing and finance professional.
Read more...
Equipment Leasing & Finance Association
For the ELFA, It’s All About Sticking to the Plan
As the fall conferences approach, the Monitor once again spends some time with ELFA president Ken Bentsen to check in on the association’s accomplishments, setbacks and plans for the future. Bentsen speaks frankly about the association’s progress in the last year and he shares his thoughts on the state of the industry, all the while keeping a vigilant eye on the future and a steady hand in directing the industry’s largest association.
Read more...
American Machine Tool Distributors’ Association
AMTDA Selects President From Industry Ranks
Nearly a year ago in November 2007, Peter Borden took over as president of the American Machine Tool Distributors’ Association (AMTDA). Unlike many of his predecessors who had come from association backgrounds, in choosing Borden the AMTDA elevated a lifelong member of the machine tool industry to lead the group.
Read more...
Certified Leasing Professional Designation
Committed to Leasing and Financing Excellence
In the 24 years since a small group of leasing professionals started the Certified Lease Professional designation, it has become the only designation in the leasing and finance industry that recognizes those who strive to be the best in the business. This article chronicles the history and mission of the foundation, and explores the requirements, preparation and payoff for those who wish to become a CLP.
Read more...
National Association of Equipment Leasing Brokers
Focus on Relationships Shows Association Members, ‘You’re Not Alone…’
National Association of Equipment Leasing Brokers (NAELB) president Brian Montgomery touts the resources available for those wishing to join the association. He then delves deeper noting that as part of an organization you have others to watch your back and aid you on the path to success.
Read more...
Eastern Association of Equipment Lessors
Association Embraces Change While Holding Fast to Founding Principles
The word “change” inspires some and frightens others. As we move through 2008, Bruce Smith, the president of the Eastern Association of Equipment Lessors, takes a look at how change has come upon us whether we wanted it to or not. And even with all the differences, the principles behind the association have remained intact.
Read more...
United Association of Equipment Lessors
Delivering On All Counts — Networking, Education and Involvement
The United Association of Equipment Leasing is celebrating its 35th year. In this year’s message, Paul Knowlton, the group’s president, provides an overview of his experience in the association, its history and mission, and its value to the leasing professional.
Read more...
Equipment Leasing & Finance Foundation
Groundbreaking Study Finds Equipment Finance Market is Significant Contributor in U.S. Economy
Released on December 18, 2007, the U.S. Equipment Finance Market Study, commissioned by the Equipment Leasing & Finance Foundation and conducted by Global Insight, Inc., underscores the equipment finance sector’s role in the U.S. economy. What follows is a summary of the study’s key findings.
Read more...
Equipment Leasing Associations
From the Grand Canyon State
This year, more than 500 leasing executives traveled to Arizona and New Jersey to attend both the UAEL Annual Conference & Exposition and the EAEL/NAELB Fall Expo. The following snapshot provides a glimpse into the presentations, sessions and networking that occurred.
Read more...
Equipment Leasing & Finance Association
An Interview With Kenneth E. Bentsen Jr.
The Monitor asked Ken Bentsen to speak about his first year as president of the Equipment Leasing and Finance Association. Predictably, he had a great deal to tell us. To sum it up: it’s been a productive year for the association as it takes itself to the next level.
Read more...
General Aviation Manufacturers Association
General Aviation Shows Steady Flight Path for 2007
In July of this year, the news from the AirVenture show out of Oshkosh, WI, was very encouraging indeed. The General Aviation Manufacturers Association posted a 14.7% increase in the shipment of business jets for the first half of 2007. The Monitor spent some time with Pete Bunce, GAMA president and CEO, who was more than willing to tell the story behind the numbers.
Read more...
Equipment Leasing & Finance Association
A Forward-Looking View at Paperless Transactions in the Industry
One of the tenets of the Equipment Leasing and Finance Foundation is funding forward-thinking industry research as evidenced by the release of the Foundation’s most recent research study, “Paperless Transactions: The Competitive Edge.” The following article summarizes the report’s findings so that readers understand the potential impact of paperless transactions in the equipment finance industry.
Read more...
Evolve, Grow & Adapt
Industry Future Council Identifies Keys to Future Success
Each year, the Equipment Leasing & Finance Foundation’s Industry Future Council (IFC) meets to discuss and deliberate the future of the equipment finance industry over the next five years. Their discussion addresses trends, market conditions and potential economic indicators that affect and potentially will “drive” the equipment finance industry in the near- to mid-term.
Read more...
ELFA Investor Conference 2007
Mature Management, Secured Assets & High Returns Spark Attendees’ Interest
Investors, asset finance specialists and bankers met in New York for the ELFA’s Investor Conference to assess the leasing industry’s current investment landscape. At the same time, business headlines were reporting softening economic conditions and concerns about rising mortgage defaults. Still executives generally agree that the landscape looks bright — if not red hot — as investment capital pours in.
Read more...
United Association of Equipment Lessors
A Rich Heritage, a Promising Future
As President of 2007’s UAEL board of directors, Brad Peterson provides an overview of the association, its history and mission, its value to leasing professionals, its member involvement as well as some testimonials from past officers.
Read more...
National Association of Equipment Leasing Brokers
‘Tuning Up’ for the Sweet Sound of Success With Record Attendance
Robert Otterbacher, NAELB’s current president, discusses the state of the association, its history, ethics, education efforts, and what he sees for equipment leasing brokers, as well as what NAELB is preparing for this year’s conference in Nashville.
Read more...
Eastern Association of Equipment Lessors
Looking to the Next Generation for New Focus & Ideas
Now in its 28th year, the EAEL is striving to meet the challenges of its members, both old and new, while taking a heightened interest in the association. Current President Nancy Pistorio tells us what’s in store for the year’s conferences and meetings, and highlights EAEL’s new programs, mentoring and member opportunities.
Read more...
Certified Leasing Professionals 2007
A Commitment to Excellence in the Leasing Industry
In the 23 years since a small group of leasing professionals started the Certified Lease Professional designation, it has become the only designation in the leasing and finance industry that recognizes those who strive to be the best in the business. This article chronicles the history and mission of the foundation, and explores the requirements, preparation and payoffs for those who seek to attain the designation.
Read more...
NAELB: Ethics in Leasing
Maintaining Trust in Relationships Is a Win-Win for All
An industry without a self-imposed code of ethics creates one with no boundaries. The absence of boundaries creates an uncontrolled machine that may grow to prey upon its customers in an effort to generate unearned and unwarranted profits. Eventually, this machine either becomes subject to regulation or earns it a reputation that causes would-be customers to look elsewhere.
Read more...
