The Department of Finance, Insurance, Real Estate and Law (FIREL) of the G. Brint Ryan College of Business at the University of North Texas (UNT) partnered with the Certified Lease & Finance Professional Foundation and the Equipment Leasing & Finance Foundation to launch a new course on commercial equipment finance. The course, FINA 4700-Survey of Commercial Equipment Leasing & Finance, will begin in spring 2025.
This course will use The Certified Lease & Finance Professionals’ Handbook for the textbook and will cover foundational concepts, origination topics and operations and servicing areas. Upon successful completion, students will be awarded the Certified Lease & Finance Professional (CLFP) Student Certification.
The Equipment Leasing & Finance Foundation is providing financial support and resources, including academic scholarships, internship opportunities and networking events.
The program was developed by Michael P. Gallo, lecturer professor at FIREL and 35-year veteran of the industry, having held positions in sales, management and legal and is currently associated with Padfield & Stout.
“This collaboration supports a comprehensive academic program in commercial equipment leasing and finance that bridges the gap between academia and industry, preparing the next generation of professionals,” Gallo said. “It creates a platform for students to gain real-world insights and hands-on experience, positioning them for successful careers.”
Future plans for the program include expanding to other colleges and universities across the country to facilitate wider access.

