Associations

AACFB Elects Newest Members of Board of Directors

The American Association of Commercial Finance Brokers elected Kortney Murray as its new director at large and Leslie Brown as its new secretary/treasurer. AACFB also elected Roderick Knoll of Marathon Commercial Capital as its new vice president. read more

ELFA Highlights Key Benefits of Leasing and Finance for Small Businesses

The Equipment Leasing and Finance Association highlighted key reasons for small businesses to rely on leasing and financing to acquire equipment, including eliminating the risk of ownership and staying up to date with new technology. read more

MH&H Speakers to Present on Latest Cases and Emerging Legal Issues at ELFA’s Legal Forum

The Equipment Leasing and Finance Association’s annual Legal Forum will be held from May 1 to May 3 in Washington, D.C. Marc Hamroff, Julia Gavrilov and Robert S. Cohen of Moritt Hock & Hamroff will serve on panels at the event. read more

ELFA Appoints Quigley VP of Finance and Administration

Jeff Quigley joined the Equipment Leasing and Finance Association as vice president and administration on March 31. Quigley succeeds Paul Stilp, who recently retired after serving as a member of the ELFA staff for 18 years. read more

ELFF’s Q2/22 Snapshot Projects 2.8% Growth in U.S. Economy in 2022

According to the Q2/22 Equipment Leasing & Finance Industry Snapshot from the Equipment Leasing & Finance Foundation, the U.S. economy will grow by 2.8% in 2022, with growth driven by a gradually unraveling supply chain, business investment and continued consumer spending. read more

CLFP Foundation Adds 19 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 19 individuals recently passed the eight-hour, online proctored CLFP exam. read more

ELFF Forecasts 4.2% Equipment and Software Investment Growth in 2022

According to the Q2/22 update to the 2022 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation, equipment and software investment is expected to grow by 4.2% and U.S. GDP is expected to grow by 2.8% in 2022. read more

Fleet Advantage’s Davis and Hall Earn CTP Accreditation

Don Davis, senior vice president of national accounts for Fleet Advantage, and Wesley Hall, director of fleet services for Fleet Advantage, both achieved the Certified Transportation Professional (CTP) designation from the National Private Truck Council. read more

Equipment Finance Industry Performance During COVID-19 ‘Better Than Expected’

According to a new study from the Equipment Leasing & Finance Foundation, the equipment finance industry has performed considerably better than expected during the COVID-19 pandemic due to factors such as increased availability of capital. read more

ECS Financial Services Reaches 25-Year Milestone as Member of the ELFA

As of this month, ECS Financial Services has been a member of the Equipment Leasing and Finance Association for 25 years. read more

ARC Equipment Finance Joins the ELFA

ARC Equipment Finance, a private equipment finance company, joined the Equipment Leasing and Finance Association. Formed in 2020, ARC Equipment Finance is led by Kevin Cunningham and Bill Deutsch as managing partners. read more

ELFF Releases Report Examining Opportunities for Equipment Finance Companies in U.S. Retail Sector

As the U.S. retail sector deploys strategies such as increasing warehousing, repurposing existing stores and incorporating new technologies, it is creating opportunities for equipment leasing companies, according to a new study from the Equipment Leasing & Finance Foundation. read more

ELFA Unveils Agenda for 2022 Legal Forum

The Equipment Leasing and Finance Association unveiled the agenda for its 2022 Legal Forum, which will be held May 1 to May 3 in Washington, D.C. read more

ELFA: New Business Volume in Equipment Finance Falls 4% Y/Y in February

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for February was $7.1 billion, down 4% year over year from new business volume in February 2021. read more

Equipment Finance’s STRIPES Leadership Program Joins NEFA Summit

STRIPES Leadership Program, the professional and personal leadership development program designed to challenge and inspire best-in-class leaders within the equipment finance industry in partnership with Monitor, will be hosting an educational session at this year’s National Equipment Finance Association Summit. read more

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