Principles is designed to teach the fundamentals of personal property commercial equipment leasing and finance for entry-level personnel and/or individuals with business experience who have not had a complete overview of the leasing and finance business. The participant will gain a strong foundation on how the leasing and finance business works and where their individual responsibilities fit in the workflow.
Who should attend?
Newly-hired staff, generally
Operations and administration staff
Vendors/Vendor sales staff
New ELFA members
After completing the workshop, participants will be able to:
Define industry terminology
Identify the tax, legal and accounting rules and regulations
List the types of leases and loans
Utilize a financial calculator to learn how pricing reflects the structure of a deal
Explain the current accounting requirements and discuss the upcoming changes
Describe the benefits of equipment finance
Recognize and discuss fraud prevention and detection measures
Identify the purpose, paperwork and people involved in each step of the lifecycle.
CPE Information 19 CPE credits will be earned for attending this workshop.
The equipment finance industry has come a long way on digital transformation in the past decade. As we enter a new one, the next frontier will be completing the digital journey to encompass all points in the leasing life cycle.... read more
Nahid Zamir Senior Vice President, Front-End Operations, Business Capital, CIT Certified Public Accountant Member, Equipment Leasing and Finance Association Complex challenges such as integrating new technologies and re-engineering business processes can keep even the most experienced executives awake at night.... read more