Associations

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

CLFP Gives Eller 2020 Cindy Spurdle Award of Excellence

The Certified Lease & Finance Professional Foundation granted the 2020 Cindy Spurdle Award to Andrew Eller, CLFP, of First American Equipment Finance. The award acknowledges the CLFP who contributed the most to the industry. read more

ELFA Outlines Schedule for ELFA 2020 Business LIVE!

The ELFA unveiled the schedule of educational sessions for ELFA 2020 Business LIVE!, the virtual learning and networking conference for the equipment finance industry, which will be held Oct. 27 to Oct. 28. There will be a total of 20 interactive breakout sessions.  read more

CLFP Foundation Celebrates Membership Virtually

The Certified Lease & Finance Professional Foundation gathered nearly 250 CFLPs and associates for a 15-minute virtual celebration of their designation. Due to COVID-19, the event was changed from several local gatherings to one 15-minute Zoom call. read more

Volvo, TIAA Win ELFA 2020 Operations and Technology Excellence Awards

Volvo Financial Services won the ELFA Operations and Technology Excellence Award COVID-19 Project and TIAA Commercial Finance won the ELFA Operations & Technology Excellence Award. read more

ELFF Awards Inaugural Scholarships to Three Students

The Equipment Leasing & Finance Foundation awarded three students with the first The Equipment Leasing & Finance Foundation Scholarships, a program inaugurated in 2020 for students interested in potentially pursuing a career in the equipment finance industry. read more

ELFA Opens Registration for ELFA 2020 Business LIVE!

The Equipment Leasing and Finance Association opened registration for ELFA 2020 Business LIVE!, which is a virtual learning and networking conference hosted by the ELFA that will take place Oct. 27-28. read more

ELFA Invites Members to Participate in CFPB Survey Regarding Section 1071 of Dodd Frank

The ELFA encouraged association members to participate in a survey from the CFPB that will examine the potential one-time costs associated with complying with Section 1071 of the Dodd Frank Act. read more

NEFA Cancels 2020 Funding Symposium, Outlines Virtual Educational Session Program

The National Equipment Finance Association cancelled its 2020 Funding Symposium due to recently released group meeting limitations/guidelines and will launch a series of online education sessions in October. read more

AACFB Moves Annual Conference Online

The American Association of Commercial Finance Brokers (AACFB) will hold its 2020 annual conference virtually rather than as an in-person event in September as previously announced. read more

ELFA Launches New Networking Tools for Equipment Finance Professionals in Engage App

The Equipment Leasing and Finance Association launched new networking tools within its ELFA Engage mobile app that allow industry professionals to easily connect with each other. read more

CLFP Foundation Adds 30 New CLFPs Through Online Academies

The Certified Lease & Finance Professional Foundation added 30 new CLFPs through two online Academies for Lease & Finance Professionals, which were originally scheduled to be in-person events but were moved to a digital format due to the COVID-19 pandemic. read more

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