Associations

NEFA Appoints Nominating Committee

In accordance with the bylaws of the National Equipment Finance Association, Jim Jackson of The Alta Group, the association's immediate past president and board chairperson, appointed a nominating committee consisting of both regular and services members. read more

NEFA Aims to Add Companies During Summer Membership Drive

The National Equipment Finance Association is holding a summer membership drive as it seeks independent equipment finance companies looking to build their balance sheets. The NEFA's goal is to add at least 50 new broker/lessor companies by the end of the year.  read more

Equipment Finance Industry Experiences Negative Impacts Due to Recent Bank Failures

According to the results of a new survey from the Equipment Leasing & Finance Foundation, the equipment finance industry is experiencing a negative impact on business conditions due to recent bank failures and their attendant liquidity issues. read more

ELFA to Host Webinar on Commercial Finance Disclosure Laws on July 12

The Equipment Leasing and Finance Association will host a webinar titled “The NY Disclosure Laws Are Effective on August 1, 2023 – Will You Be Ready? Let Us Help!” to help equipment finance professionals prepare for New York’s commercial finance disclosure laws set to take effect on Aug. 1. read more

ELFA’s Climate Finance Working Group to Host Webinar on Inflation Reduction Act

The Equipment Leasing and Finance Association will host a free webinar, “ELFA’s Climate Finance Working Group Presents: A Briefing of the Inflation Reduction Act,” on June 22 from 2:30 to 3:30 p.m. EDT. read more

CFLA Report Reveals Surge in Vehicle Theft

The Canadian Finance and Leasing Association released a report that revealed vehicle theft has reached a critical point in Canada, costing the country $1 billion dollars annually. read more

ELFA to Host Webinar on How to Prepare for Section 1071 of Dodd-Frank

The Equipment Leasing and Finance Association will host a free webinar titled “Section 1071: It Will Affect Your Operation - Here’s How And What You Can Do To Prepare” on June 21 from 1-2 p.m. EDT. read more

ELFA Recognizes Insight Financial Services for 25 Years of Membership

Insight Financial Services, a division of Insight Investments, was recognized by the Equipment Leasing and Finance Association for 25 years of membership in the organization. read more

30 ELFA Member Employees Complete Principles of Equipment Leasing and Finance Exam

The Equipment Leasing and Finance Association announced that 30 member employees completed its two-day, instructor-led “Principles of Equipment Leasing and Finance” curriculum, culminating in the completion of an exam and the awarding of certificates of achievement. read more

ELFF Sets June 6 as Annual Day of Giving Fundraiser, Hopes to Raise $85K

The Equipment Leasing & Finance Foundation is designating June 6 as its sixth annual “Day of Giving,” a 24-hour fundraising campaign meant to attract new and returning donors. The ELFF hopes to raise $85,000 during the fundraiser, with all donations 100% tax deductible. read more

Alta’s Voorhees to Discuss Climate Equipment Finance at ELFA’s Credit and Collections Management Conference

Patricia Voorhees of The Alta Group will share insights about climate equipment finance at the Equipment Leasing and Finance Association’s 2023 Credit and Collections Management Conference, which will be held June 7 to June 9. read more

ELFA Releases Agenda for Emergence2023 Leadership Development Program

The Equipment Leasing and Finance Association released the detailed agenda for Emergence2023, which will be held July 13 to July 14 at the Hilton Baltimore Inner Harbor in Baltimore. read more

NEFA Raises More Than $25K for Operation Open Water During Fashion Show Charity Event

The National Equipment Finance Association raised $25,340 at its fashion show charity event on March 21, which was held as part of the association’s 2023 Finance Summit in San Diego. The charity event raised funds for Operation Open Water. read more

Equipment Finance New Business Volume Down 8% Y/Y in April

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, overall new business volume in the industry for April was $9.7 billion, down 8% year over year and 7% month over month.   read more

ELFA Members to Convene for Capitol Connections on May 24

Equipment finance executives from across the United States will gather in Washington, D.C., for the Equipment Leasing and Finance Association’s Capitol Connections event on May 24 at the Hilton Washington DC Capitol Hill. read more

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