Associations

FASB Appoints New Members to Emerging Issues Task Force

The Financial Accounting Standards Board appointed Jack Ciesielski and Brandon Coleman to its emerging issues task force. Ciesielski is a CPA and a CFA and the founder of R.G. Associates. Coleman is a partner in national office accounting and reporting services at Deloitte. read more

Equipment Finance Industry Confidence Holds Steady in June

According to the Equipment Leasing & Finance Foundation’s June 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 71.3, which is steady with the May index of 72.1.   read more

NEFA’s Baltimore Crab Feast Returns

The National Equipment Finance Association’s Baltimore Crab Feat returned this year as one of the first in-person gatherings of the trade association in 2021. read more

Equipment Leasing & Finance Foundation Launches 4th Annual Day of Giving Fundraiser

The Equipment Leasing & Finance Foundation is designating June 8 a “Day of Giving” for everyone who has benefitted from the industry research, programs and resources the foundation provides. read more

CLFP Foundation Adds 18 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 18 individuals recently passed the eight-hour online CLFP exam. There are now 1,022 active CLFPs and Associates in the United States, Canada, India, Africa and Australia. read more

ELFA Updates 2021 Calendar of Events

The Equipment Leasing and Finance Association released an updated calendar of events for the remainder of 2021. Each event will be held virtually, with the exception of the 60th ELFA Annual Convention, which will be a hybrid event, allowing for in-person or virtual attendance. read more

ELFF’s COVID-19 Impact Survey Reveals Portfolio Performance, Work-From-Home Expectations

The Equipment Leasing & Finance Foundation released the results of its first quarterly COVID-19 Impact and Recovery Survey, revealing a 1% decline in originations in 2020 among respondents as well as data on work-from-home practices and other factors influenced by the pandemic. read more

Wolters Kluwer Expert to Offer Insights on E-Docs at ELFA’s Bank Best Practices Roundtable

Spencer Mierzejewski, senior legal counsel with Wolters Kluwer Compliance Solutions, will share insights on benefits for banks in adopting electronic document processes in a panel discussion as part of the ELFA’s virtual Bank Best Practices Roundtable conference on May 27. read more

ELFA Provides Details on 2021 Credit & Collections Management LIVE! Event

The Equipment Leasing and Finance Association unveiled details about ELFA Credit & Collections Management LIVE!, an interactive virtual conference that will be held June 7 to June 8 and focus on "managing risk in a new world.” read more

ELFA Members to Convene for Virtual Capitol Connections Event on May 19

Equipment finance executives from across the United States will participate in the Equipment Leasing and Finance Association’s Capitol Connections virtual event on May 19. read more

Haug Wins ELFA’s 2021 David H. Fenig Distinguished Service in Advocacy Award

The Equipment Leasing and Finance Association selected Randy Haug, executive vice president, vice chairman and co-founder of LTi Technology Solutions, to receive its 2021 David H. Fenig Distinguished Service in Advocacy Award. read more

CLFP Foundation Surpasses 1,000 Members

The Certified Lease & Finance Professional Foundation reached a new milestone, as it now has more than 1,000 members following the conduction of its most recent online exam. A total of 57 individuals sat through the eight-hour exam, including Jay Christiansen of U.S. Bank, who officially became the 1,000th member of the organization. read more

AACFB Hosts Successful Virtual Expo

The American Association of Commercial Finance Brokers wrapped up its virtual Commercial Financing Expo on May 7. The three-day event featured 15 educational sessions, a speed dating program, an hour of exhibit time each day, a trivia match and a happy hour. read more

ELFA Opens Nominations for 2021 Operations & Technology Excellence Award

The Equipment Leasing and Finance Association is now accepting member nominations for its 2021 Operations & Technology Excellence Award. Nominations must be received by June 21. read more

New ELFF Report Examines Cyber Risk and Security in Equipment Finance

Most equipment leasing and finance companies have some form of cybersecurity defense in place, but they are still vulnerable to cyberattacks due to advancing tactics and techniques used by attackers, according to a new study from the Equipment Leasing & Finance Foundation. read more

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