Associations

Oakmont Capital Services Wins ELFA’s 2023 Ops & Technology Excellence Award

The Equipment Leasing and Finance Association announced that Oakmont Capital Services is the recipient of the 2023 Operations and Technology Excellence Award. The company’s award-winning project will be showcased during the ELFA’s Operations & Technology Conference in September. read more

ELFA Releases Online Dashboard for 2023 Survey of Equipment Finance Activity

The Equipment Leasing and Finance Association released the 2023 Interactive SEFA Dashboard, an online tool featuring highlights from the Survey of Equipment Finance Activity. The free resource will allow ELFA members to connect to business intelligence for the equipment finance industry.  read more

ELFA Unveils Agenda for 2023 Operations & Technology Conference

Fraud, artificial intelligence and digital strategies will take center stage at the Equipment Leasing and Finance Association’s 2023 Operations & Technology Conference, which will be held Sept. 11-13 in New Orleans. read more

ELFA Asks CFPB to Apply Section 1071 Judicial Delay to All Members

In a letter to the Consumer Financial Protection Bureau, the Equipment Leasing and Finance Association asked the bureau to expand a recently issued injunction staying the effective dates of Section 1071 of the Dodd-Frank Act to include all affected financial institutions.  read more

ELFA to Hold Second Annual Equity Forum in New Orleans Sept. 13-14

The Equipment Leasing and Finance Association announced plans for the second annual ELFA Equity Forum to celebrate and advance diversity, equity and inclusion in the equipment finance industry. The forum will be held from Sept. 13-14 in New Orleans. read more

ELFA Unveils Agenda for 2023 Lease and Finance Accountants Conference in New Orleans

The Equipment Leasing and Finance Association announced the agenda for its 2023 Lease and Finance Accountants Conference. This year, the conference will be offered both in-person from Sept. 11-13 in New Orleans and virtually at a discounted rate. read more

ELFA Urges Congress to Overturn Section 1071 of Dodd-Frank Act

In a letter to the U.S. House Financial Services Committee, the Equipment Leasing and Finance Association called for Section 1071 of the Dodd-Frank Act to be overturned. read more

ELFA Releases 2023 Software Guide for Equipment Finance Industry

The increasing reliance on technology by equipment finance companies makes investment in software solutions a critical consideration. To assist in the decision-making process, the Equipment Leasing and Finance Association released its 2023 Software Guide. read more

NEFA’s Education Committee Commences Masterclass Series on Credit

The National Equipment Finance Association's education committee presented the first module of the NEFA Masterclass Series: Credit on July 19. The module was presented by Bob Rinaldi, CLFP, president of Rinaldi Advisory Services, and had nearly 200 registrants. read more

ELFA Reports Equipment Finance New Business Volume Up 6% Y/Y in June

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for June was $10.9 billion, up 6% year over year from new business volume in June 2022 and up 15% from $9.5 billion in May. read more

Equipment Leasing & Finance Foundation Announces Scholarship Award Winners

The Equipment Leasing & Finance Foundation announced the five student recipients of The Equipment Leasing & Finance Foundation Scholarship. Each student will receive a scholarship of $5,000 for the 2023-2024 academic year. read more

ELFA’s Engage App Reaches New Milestone of 2K Users

The Equipment Leasing and Finance Association’s Engage app — a mobile hub for events, news and networking in the equipment finance community — has reached a new milestone of 2,000 users. read more

Trucking Industry Moved More Than 11.4B Tons of Freight in 2022, Generating $940.8B

According to the latest edition of American Trucking Associations’ American Trucking Trends 2023 report, trucks moved more than 11.4 billion tons of freight in 2022, generating more than $940 billion, which were both increases from 2021. read more

Confidence in Equipment Finance Market Increases in July

According to the Equipment Leasing & Finance Foundation‘s July 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) , overall confidence in the equipment finance market is 46.4, an increase from the June index of 44.1. read more

ELFA Webinar Details Info About NY’s Commercial Financing Disclosure Laws Taking Effect Aug. 1

The Equipment Leasing and Finance Association held a webinar on July 12 to educate members on new commercial financing disclosure laws taking effect in New York on Aug. 1 and their impact on the commercial equipment leasing and finance sector. read more

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