Ralph Petta Related Content

Petta Reflects on 36 Years of Success at the ELFA

Ralph Petta, the outgoing president and CEO of the Equipment Leasing and Finance Association, sat down with Rita Garwood, editor-in-chief of Monitor, to share his perspective looking back on nearly four decades of success. Petta’s secret? A mixture of continuous learning perseverance, but also keeping an open mind.... 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

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

ELFA’s Monthly Leasing and Finance Index Shows 5% Y/Y Decrease in September New Business Volume

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for companies participating in the index in September was $9.7 billion, down 5% from new business volume in September 2022. 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

ELFA to Recognize 29 Companies on ‘Membership Milestone Walk of Fame’ at Annual Convention

The Equipment Leasing and Finance Association will recognize 29 companies for their membership longevity and commitment to the association at its upcoming annual convention, which will be held Oct. 22-24 in Phoenix.   read more

ELFA’s Monthly Leasing and Finance Index Shows 14% Y/Y Increase in August New Business Volume

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed overall new business volume for August was $10.1 billion, up 14% year over year from new business volume in August 2022. read more

ELFA Selects DLL’s Liberatore to Receive 2023 Distinguished Service Award

The Equipment Leasing and Finance Association selected Dominic A. Liberatore, deputy general counsel at DLL, to receive its 2023 Michael J. Fleming Distinguished Service Award. read more

ELFA Files to Join Injunction to Stop Section 1071 Implementation

The Equipment Leasing and Finance Association filed to join an injunction to stop implementation of Section 1071 of the Dodd-Frank Act by the Consumer Financial Protection Bureau. read more

Equipment Finance New Business Volume Fell 2% Y/Y in July

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume in the equipment finance industry for July was $9.9 billion, down 2% year over year. 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 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

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