ELFA MLFI-25: NBV Down 7% Y/Y, 8% M/M, Up 10% YTD

The ELFA’s MLFI-25 showed overall new business volume for April was $8.2 billion, down 7% year-over-year from new business volume in April 2019. Volume was down 8% month-to-month from $8.9 billion in March. Year-to-date, cumulative new business volume was up 10% compared to 2019. read more

Harry Fry & Associates Receives SC&RA Longevity Award

Harry Fry and Associates received a Longevity Award from the SC&RA, an international organization comprised of over 1,400 members from 46 nations. read more

ELFA Webinar Outlines COVID-19 Federal Relief for Equipment Finance Companies

The webinar “The Federal Government’s Response to the COVID-19 Pandemic: Implications for Equipment Finance Companies” hosted by the Equipment Leasing and Finance Association on April 22 provided guidance for navigating the rollout of the new legislation. read more

AACFB Moves 2020 Annual Conference to September

The AACFB has postponed its 2020 Annual Conference until September 1-3, 2020. The event will be hosted at the Marriott Wardman Park Hotel in Washington, D.C. read more

American Association of Commercial Finance Brokers Announces New Board Members

The American Association of Commercial Finance Brokers (AACFB) elected two new members to its board of directors as well as a new vice president, Laura Estrada with Preferred Capital Funding. read more

ELFA Launches Webinar Series on COVID-19’s Impact on Equipment Finance

The Equipment Leasing and Finance Association announced a series of free webinars to provide critical information to equipment finance professionals during the global COVID-19 pandemic. read more

Industry Organizations Host Webinar on Asset Valuation Issues in a Crisis

The Association of Machinery and Equipment Appraisers, American Society of Appraisers, Equipment Appraisers Association of North America and the Equipment Leasing and Finance Association partnered to host a free webinar on the critical issues to address when valuing assets during a crisis. read more

ELFA Releases Informational Video on COVID-19 Relief for Small Businesses

The Equipment Leasing and Finance Association released a new video interview on important components of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. read more

FDATA Requests Digital Records be Allowed for Paycheck Protection Program

FDATA requested that borrowers and lenders be able to use digital financial records to qualify for the Paycheck Protection Program established by Congress as part of the COVID-19 stimulus package. read more

ELFA Advocates for Equipment Finance Companies with SBA

ELFA President and CEO Ralph Petta submitted a letter to the U.S. Small Business Administration requesting that equipment finance companies be eligible to participate in the new Paycheck Protection Program under the CARES Act. read more

ELFA Issues Coronavirus Update: Questions and Answers

ELFA President and CEO Ralph Petta released a new COVID-19 Frequently Asked Questions document regarding key association programs. read more

ELFA Launches Federal Government COVID-19 Response Webpage

The Equipment Leasing and Finance Association launched the Federal Government COVID-19 Response Resource webpage. read more

Five Aviation Groups Join in Combating COVID-19 Spread

Five aviation groups have united to inform lawmakers the nation’s general aviation industry, including business aviation, is prepared to assist as needed to respond to the crisis. read more

NBAA to Congress: Relief Package Must Preserve General Aviation’s Vital Role

The NBAA and several industry groups are urging Congress to preserve general aviation’s vital contribution to the U.S. economy as it considers a relief package during the COVID-19 pandemic. read more

Petta Issues ELFA Coronavirus Update

Ralph Petta issued an updated statement about the coronavirus to members of the Equipment Leasing and Finance Association. read more

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