Associations

Snow Becomes Third Female Board Chair of the ELFA

Kris Snow, president of Cisco Capital, became the third female board chair of the Equipment Leasing and Finance Association when outgoing board chair Martha Ahlers, president of United Leasing & Finance, passed the leadership torch to Snow on Nov. 10 as part of ELFA 2020 Business LIVE! read more

Ivory Consulting Founder Looks Back at 30 Years of ELFA Membership

Christian Ivory, the founder of Ivory Consulting, recently reflected on 30 years of membership in the Equipment Leasing and Finance Association. read more

Leaseurope, ELFA, CFLA Call on IASB to Reassess Lease Accounting for SMEs

Leaseurope, the ELFA and the CFLA issued a joint statement in response to the IASB’s Comprehensive Review of the IFRS for SMEs Standard, calling for independent cost-benefit analysis specific to SMEs before any decisions are made on changes to lease accounting. read more

ELFA Names New Board of Directors, Snow to Serve as Board Chair

The Equipment Leasing and Finance Association named its new board of directors, with Kristine A. Snow, president of Cisco System Capital, as the association’s new board chair and Michael DiCecco, president of Huntington Equipment Finance, as its new chair-elect. read more

CLFP Foundation Adds 22 New CLFPs

The Certified Lease & Finance Professional Foundation added 22 individuals as CLFPs after they recently sat through and passed the 8-hour online CLFP exam. read more

ELFA: Compensation in the Equipment Finance Industry Grew Modestly in 2019

Compensation in the equipment finance industry increased moderately in 2019, according to the 2020 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association and McLagan. read more

NEFA Names Carini President/Chairwoman of the Board at Annual Meeting

The National Equipment Finance Association held its 2020 Annual Meeting virtually on Oct. 15. During the meeting, Laura Carini, CLFP, of Financial Pacific Leasing was named new president and chairwoman of the board. read more

ELFA Selects Huntington’s Elliott for 2020 Distinguished Service Award

The Equipment Leasing and Finance Association selected Jeffry D. Elliott, senior managing director of Huntington Asset Finance, to receive its 2020 Michael J. Fleming Distinguished Service Award. read more

ELFA Reports More Than 660 Registrants for ELFA 2020 Business LIVE!

The ELFA reported that more than 660 people have registered for ELFA 2020 Business LIVE!, the virtual learning and networking conference for the equipment finance industry, which will be held Oct. 27-28. The last day to register for the event is Oct. 21. read more

AACFB Launches Scholarship Program

The American Association of Commercial Finance Brokers launched a newly developed scholarship program aimed at providing assistance to disadvantaged students. read more

ASA and JSSI Advisory Services Launch Virtual Continuing Education Courses

The American Society of Appraisers and JSSI Advisory Services will offer an online continuing education initiative for aircraft appraisers, lenders, insurers and maintenance professionals. read more

AACFB Hosts First Virtual Conference

The American Association of Commercial Finance Brokers completed its first virtual conference last Friday. The AACFB Annual Conference was originally scheduled to be held at Caesars Palace in Las Vegas in May but was forced to relocate virtually due to the COVID-19 pandemic. read more

ELFA: August New Business Volume Down 24% Y/Y, 23% M/M, 4% YTD

The ELFA’s MLFI-25 showed overall new business volume for August was $7.0 billion, down 24% year-over-year from new business volume in August 2019. Volume was down 23% month-to-month from $9.1 billion in July. Year-to-date, cumulative new business volume was down 4%. read more

BIMCO Adopts Industry’s First Ship Sale Leaseback Standard        

BIMCO, an international shipping association, has adopted a new term sheet which will facilitate the negotiation of sale and leaseback deals and make the process cheaper for parties involved. read more

ELFA to Host Fall Webinars for Equipment Finance Professionals

The Equipment Leasing and Finance Association will host three new webinars scheduled for this fall. The webinars are designed to provide critical information to equipment finance professionals on essential hot topics. read more

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Terry Mulreany
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