Associations

AACFB Hosts Successful First Hybrid Conference

The American Association of Commercial Finance Brokers wrapped up its first hybrid conference on September 10. While attendance was slightly lower than previous years due to the pandemic, there were few cancellations and attendee enthusiam was electric. read more

Equipment Finance Industry Confidence Eases Again in September

Confidence in the equipment finance industry eased to 60.5 in September, down from 66.6 in August, according to the September Monthly Confidence Index for the Equipment Finance Industry released by the ELFA. read more

GAMA Supports Biden Administration’s Steps to Expand Sustainable Aviation Fuels

The General Aviation Manufacturers Association is supporting the Biden Administration’s steps to expand the development, use and production of sustainable aviation fuels (SAF). A fact sheet announced its planned actions to significantly bolster the future of sustainable fuels in aviation. read more

FileInvite and AACFB Offer Members Affinity Program to Streamline Loan Application Process

FileInvite, a document and data collection platform provider, is partnering with the American Association of Commercial Financial Brokers (AACFB) to offer members a FileInvite package to streamline the document-intensive process of loan applications and documentation. read more

ELFA Unveils Agenda for 2021 Lease & Finance Accountants Conference LIVE!

The Equipment Leasing and Finance Association unveiled the agenda for the upcoming ELFA Lease & Finance Accountants Conference LIVE!, an interactive virtual conference to be held on Sept. 14. read more

ELFA Webinar Provides Key Takeaways on Reaching Customers Through Content Marketing

An introduction to omnichannel marketing, ways to build a content marketing strategy and a case study on bringing these elements together were the focus of the Equipment Leasing and Finance Association’s Aug. 19 webinar, “Reaching Your Customer in a Digital World.” read more

ELFA Reveals Agenda for 2021 Operations & Technology LIVE!

The Equipment Leasing and Finance Association unveiled the agenda for ELFA Operations & Technology LIVE!, an interactive virtual conference on Sept. 14. The conference will include discussions on the future of work, leadership in times and uncertainty and the end of LIBOR. read more

ELFA: Equipment Finance New Business Volume Rises 9% Y/Y in July

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for July was $9.9 billion, which was up 9% year over year from new business volume in July 2020. read more

Chicago Freight Car Leasing Wins ELFA’s 2021 Ops and Tech Excellence Award

The Equipment Leasing and Finance Association awarded Chicago Freight Car Leasing, a Sasser family company, the 2021 Operations and Technology Excellence Award for its Rail360 platform. read more

Inovatec Joins the Canadian Lenders Association

Inovatec Systems, a provider of cloud-based loan origination, management and servicing solutions, joined the Canadian Lenders Association, which is comprised of more than 170 companies representing Canadian lenders. read more

ELFA: Equipment Finance Industry Logs 17% Y/Y Increase in New Business Volume in June

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for June was $10.4 billion, up 17% year over year from new business volume in June 2020. read more

Trucking Industry Praises Introduction of the Modern, Clean, and Safe Trucks Act

The American Trucking Associations praised the introduction of the Modern, Clean, and Safe Trucks Act of 2021. The bipartisan legislation would repeal the 12% federal excise tax on heavy-duty trucks, which currently adds approximately $22,000 to the cost of a new tractor-trailer. read more

Equipment Finance Industry Confidence Up in July as Demand Surges; Inflation a Concern

The Equipment Leasing & Finance Foundation released the July 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 72.9, an increase from the June index of 71.3.   read more

Equipment Leasing & Finance Foundation Awards Scholarships for 2021-2022 Academic Year

The Equipment Leasing & Finance Foundation awarded scholarships through the Equipment Leasing & Finance Foundation Scholarship program to three students for the 2021-2022 academic year. read more

ELFA’s Survey of Equipment Finance Activity Reveals 7% Y/Y Decline in New Business Volume in 2020

According to Equipment Leasing and Finance Association’s 2021 Survey of Equipment Finance Activity, new business volume in the equipment finance industry decreased 7% year over year in 2020, marking the first time in a decade that businesses decreased their overall spending on capital equipment. read more

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