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AP Equipment Financing Celebrates 25 Years of Membership in the ELFA

byRita Garwood
May 21, 2025
in Data and Economy, EF News
Reading Time: 2 mins read
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AP Equipment Financing is proud to be recognized by the Equipment Leasing and Finance Association (ELFA) for 25 years of continuous membership and contribution to the equipment finance industry. This milestone highlights AP Equipment Financing’s enduring commitment to advancing the commercial equipment finance market and supporting the industry’s long-term growth.

ELFA, the premier trade association representing the $1 trillion equipment finance sector, connects industry leaders to foster innovation, capital formation, and advocacy across the United States. With a diverse membership of more than 600 organizations – including independent finance companies, banks, manufacturers, and service providers – ELFA continues to strengthen the industry’s foundation.

As a member of ELFA, AP Equipment Financing plays a pivotal role in supporting the association’s mission to promote and advocate for the equipment finance industry. ELFA provides its members with valuable resources such as professional development opportunities, industry insights, and a platform to attract and develop diverse talent, ensuring the continued success of the sector.

AP Equipment Financing President, Chris Lerma, CLFP, stated, “We are incredibly proud to celebrate 25 years as a member of ELFA. This milestone reflects our deep-rooted commitment to the equipment finance industry and our belief in the power of partnership to drive meaningful progress. ELFA has been instrumental in fostering innovation, collaboration, and advocacy—values that align closely with our mission at AP Equipment Financing. We look forward to continuing this important work together as we help shape the future of our industry.”

ELFA president and CEO, Leigh Lytle, extended congratulations to AP Equipment Financing on reaching this significant milestone and thanked the company for its ongoing contributions to both the association and the broader industry.

AP Equipment Financing remains committed to supporting the shared goals of the ELFA community and looks forward to continued collaboration in shaping the future of the industry.

“Since its founding in 1961, ELFA has been a unifying force for the equipment finance industry, helping businesses learn, connect, and advocate for their vital role in the U.S. economy,” said Lytle. “Over the years, our members have continuously adapted to meet evolving customer needs, underscoring the resilience and strength of this industry. We congratulate all the companies celebrating milestone anniversaries in 2025 and look forward to continuing to work together to ensure the ongoing success of our industry.”

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