Associations

ELFF Forecasts 2.2% Expansion in Equipment & Software Investment in 2024

The U.S. economy likely averted a recession in 2023 and appears to be on track for a “soft landing” in 2024, according to the 2024 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation. read more

NEFA Raises $12K For Cancer Charities During Charity Event at 2023 Funding Symposium

The National Equipment Finance Association raised $12,000 during its Texas Tailgate & Hold ‘em Charity Tournament at its 2023 Funding Symposium. The funds will be divided equally between the INDY Foundation and the National Lymphedema Network. read more

ELFF Elects New Officers, Adds New Trustees & Presents Research Award to Gerard

The Equipment Leasing & Finance Foundation announced the 2024 officers of its board of trustees, including Zack Marsh, CLFP, senior vice president of accounting and analysis at AP Equipment Financing as chair. read more

ELFA Announces Agenda for 2024 Women’s Leadership Forum

The Equipment Leasing and Finance Association released the agenda for the 2024 ELFA Women’s Leadership Forum, which will take place Feb. 8-9, 2024, in Nashville, TN. read more

Chris Walker Education Fund Announces Availability of $30K in Grants

The National Equipment Finance Association’s Chris Walker Education Fund is now actively raising funds and accepting grant requests until the application deadline of Feb. 1, 2024. The fund will award a total of $30,000 in grants to be distributed by the end of February 2024. read more

ELFA’s Monthly Leasing and Finance Index Shows 8% Y/Y Decrease in October New Business Volume

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for October was $10.4 billion, down 8% year over year from new business volume in October 2022. read more

CLFP Foundation Adds 17 New CLFPs

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

ELFA Wins Temporary Relief From Section 1071 for Equipment Finance Industry

The U.S. District Court for the Southern District of Texas issued a nationwide injunction delaying implementation of Section 1071 of the Dodd-Frank Act for all covered financial institutions by approximately 10 months, pending a Supreme Court decision. read more

NEFA Welcomes New Additions to Board

The National Equipment Finance Association added Drew Olynick of Taycor and Jaimie Haver of Happy Manufacturing as new board members while naming Robert Hornby of CSG Law its new board president. read more

ELFA Announces New Board of Directors, Boyer to Serve as Chair

The Equipment Leasing and Finance Association announced its new board of directors, who will serve during the next 12 months, at its 62nd annual convention. Rob Boyer, CLFP, president of First Commonwealth, is the new board chair. read more

ELFA Names Lytle President and CEO

The Equipment Leasing and Finance Association appointed Leigh Lytle president and CEO, effective Dec. 4. Lytle previously served as head of North American policy at financial technology services firm Plaid and as chair of the board of directors of the Financial Technology Association. read more

ELFA Inducts Bosco into Equipment Finance Hall of Fame

The Equipment Leasing and Finance Association named William Bosco Jr. to the 2023 class of the Equipment Finance Hall of Fame. Bosco was recognized for his role in representing the equipment finance industry in the effort to create a new lease accounting standard. read more

ELFA Names Bank Business Council Steering Committee Advocacy Champion Award Winner

The Equipment Leasing and Finance Association announced that the winner of its Advocacy Champions Award for 2023 is the association’s bank business council steering committee. read more

ELFF Launches Enhanced Talent Development Programs Through Campus to Career Platform

The Equipment Leasing & Finance Foundation launched Campus to Career, a newly enhanced platform of next generation talent development programs. The foundation also is partnering with Arizona State University to develop a curriculum for a certificate of study in equipment finance. read more

ELFA Releases Two New Studies of Equipment Finance Compensation Trends

Compensation in the equipment finance industry returned to steady increases in 2022, according to the 2023 Equipment Leasing and Finance Compensation Survey released by the ELFA. read more

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