Associations

ELFA Releases Key Takeaways From FASB Meeting on Leases Standard

The Equipment Leasing and Finance Association released key takeaways from the Dec. 2 meeting of the Financial Accounting Standards Board. These takeaways were prepared by John Bober, chair of the ELFA financial accounting committee. read more

ELFA Elects Members of 2021 Business Council Steering Committees

The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming the members of the five committees representing key business sectors of the association membership. read more

5 Ways COVID-19 is Shaping the Equipment Finance Company of the Future

Studies suggest that COVID-19 has accelerated digital adoption by seven to 10 years and propelled use of business models with advanced technology by up to six years, according to a session presented at ELFA 2020 Business LIVE! on Oct. 27. read more

Chris Walker Education Fund Accepting Grant Requests, Will Provide $16K in Grants

The board of trustees of the Chris Walker Education Fund is raising funds and accepting grant requests to honor Walker’s service to the industry until the application deadline of Feb. 15, 2021. The fund will award a total of $16,000 in grants to be distributed by the end of February 2021. read more

ELFA Panel Examines Hype vs. Reality of AI, Blockchain, IoT and Biometric ID

In a panel at ELFA 2020 Business LIVE!, panelists addressed the acceleration of technological change in the equipment finance industry and explored where equipment finance companies should invest their time, energy and dollars. read more

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

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