Associations

ELFF Projects 0.9% Growth in US Economy in 2023, Recession Starting in Q2/23

According to the Equipment Leasing & Finance Foundation’s recently released Q1/23 Equipment Leasing & Finance Industry Snapshot, the U.S. economy will grow by 0.9% in 2023 due to a possible recession that could start in Q2/23. read more

ELFA Announces 2023 Business Council Steering Committees

The Equipment Leasing and Finance Association released the results of the association’s Business Council Steering Committee elections. The committee members will serve a term of two years on a staggered basis. read more

ELFF Projects 4.2% Growth in Equipment and Software Investment, Mild Recession in 2023

In what is likely to be challenging year for both the U.S. economy and the equipment finance industry, equipment and software investment will grow by 4.2% in 2023, according to the Equipment Leasing & Finance Foundation. read more

C-Suite Execs and Sales Leaders Paid the Most in Equipment Finance Industry

According to the Equipment Leasing and Finance Association’s recently released compensation report, the five highest paid positions in the equipment finance industry are CEO/president, CFO, head of sales, senior sales representative and team leader. read more

CLFP Foundation Adds 17 New CLFPs

The Certified Lease & Finance Professional Foundation announced that 17 individuals recently passed the eight-hour online proctored CLFP exam. read more

ELFA Shares 5 Takeaways from 2022 Compensation Survey During Webinar

The Equipment Leasing & Finance Association presented the results of the 2022 Equipment Leasing and Finance Compensation Survey during its recent webinar, “Compensation and Workforce Trends in Financial Services." read more

Chris Walker Education Fund Accepting Grant Requests, Deadline Feb. 28

The Chris Walker Education Fund board of trustees is actively raising funds and accepting grant requests until the application deadline of Feb. 28. read more

Equipment Finance New Business Volume Rises 6% Y/Y in October

According to Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), new business volume in the equipment finance industry for October was $11.3 billion, up 6% year-over-year from new business volume in October 2021. read more

Equipment Finance Industry Confidence Eases Further in November

According to the Equipment Leasing & Finance Foundation, overall confidence in the equipment finance market is 43.7, a decrease from the October index of 45. The ELFF has reported a decrease in its confidence index in each of the last three months.  read more

NEFA Raises More Than $21K for Safe Haven Women’s Shelter

The National Equipment Finance Association hosted its first ever charitable event to support nonprofit work outside of equipment finance. Through this inaugural event held, the NEFA raised more than $21,000 for the Safe Haven women’s shelter in Nashville, TN. read more

ELFA Provides Resources for New California Disclosure Regulations Taking Effect Dec. 9

New commercial financing disclosure requirements will take effect in California on Dec. 9 and the Equipment Leasing and Finance Association is providing critical informational resources to help its members prepare.  read more

CFLA Outlook Projects 28% Decrease in New Business Volume in Next 6 Months

The Canadian Finance and Leasing Association released its Q3/22 and Q4/22 Industry Business Confidence survey results, reporting that 28% of respondents expect new business volumes to decrease and 60% expect overall margins to fall over the next six months. read more

ELFA Announces Upcoming Compensation Study Webinar on Nov. 16

The Equipment Leasing and Finance Association announced its upcoming webinar, “Compensation and Workforce Trends in Financial Services,” to take place on Nov. 16, 1-2 p.m. EST highlighting the 2022 ELFA compensation survey. read more

ELFA Recognizes The Alta’s Group’s 25-Year Membership

The Alta Group was recognized by the Equipment Leasing and Finance Association for marking a 25-year milestone in the association that represents a $1 trillion financial services sector. read more

Black Equipment Finance Network Announces Formation

The Black Equipment Finance Network (BEFN) announced its formation as an organization tasked with increasing and elevating the participation of black equipment finance professionals in the industry. read more

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