Associations

Equipment Lease Finance Industry Confidence Improved in July

The Equipment Leasing & Finance Foundation released the July 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Overall, confidence in the equipment finance market is 51.5, up from the June index of 48.5, and reflects continuing concern over external economic factors and regulatory and political uncertainty. read more

LEAF Comments on Industry Award for Technical Excellence

LEAF Commercial Capital announced it was selected as the winner of the ELFA's 2012 Operations & Technology Excellence Award. The award is presented annually to companies that demonstrate innovation and best practices in using technology to deliver operational solutions to the industry. read more

ELFA: New Business Volume Grew 16.5% in 2011

New business volume grew 16.5% in the equipment finance industry in 2011, according to the 2012 Survey of Equipment Finance Activity released by the ELFA. read more

LEAF, AIGCAF to Receive ELFA’s 2012 Operations/Tech Award

The ELFA said its 2012 Operations & Technology Excellence Award will go to LEAF Commercial Capital, for the state-of-the-art redesign of its originations portal, and AIG Commercial Asset Finance, for its innovative approach to leveraging the salesforce.com platform. read more

Equipment Investment Expected to Stabilize, Improve in H2/12

The Equipment Leasing & Finance Foundation's Q3/12 Equipment Leasing & Finance U.S. Economic Outlook indicated equipment investment continued to lose momentum in Q2/12, but forward-looking indicators suggest growth will stabilize and potentially improve in the second half of the year. read more

ELFA: May New Business Volume Up By 11% Y/Y

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for May was $6.2 billion, up 10.7% from volume of $5.6 billion in the same period in 2011. Volume was up 1.6% from the previous month. Year-to-date cumulative new business volume is up 16%. read more

Equipment Lease Finance Industry Confidence Lower in June

The Equipment Leasing & Finance Foundation's June 2012 Monthly Confidence Index indicated that overall, confidence in the equipment finance market is down from May, reflecting growing concern over the European debt crisis, U.S. unemployment and regulatory and political uncertainty. read more

NEFA Funding Symposium Discount Registration Opens

NEFA announced that early, discount registration is open for its 2012 Funding Symposium, September 13-15, in Washington, DC. read more

Commercial Finance Association NamesTrojan New CEO

The Commercial Finance Association announced that it has named Robert Trojan as chief executive officer. Prior to joining the CFA, Trojan was the president and CEO of Financial Services Insights. read more

Volvo Financial VP Receives ELFA Legal Excellence Award

Volvo Financial Services announced that Teresa Davidson, vice president, legal and general counsel for its North America and Latin America regions, has received the ELFA's 2012 Edward A. Groobert Award for Legal Excellence. read more

ELFA Establishes Fenig Distinguished Service in Advocacy Award

The ELFA announced the new David H. Fenig Distinguished Service in Advocacy Award, which will be presented annually to an ELFA member volunteer who has made an extraordinary contribution to the association’s federal or state advocacy programs. read more

April New Business Volume Up by 20% Y/Y; Down 10% Over March

The ELFA's Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for April was $6.1 billion, up 20% from volume of $5.1 billion in the same period in 2011. Volume was down 10% from the previous month. read more

ELFA Launches Manufacturer, Vendor Resource Center

The ELFA said it has launched a new resource to help equipment manufacturers and vendors provide financing to their customers. The online Manufacturer & Vendor Resource Center presents the strategic, legal, financial and operational issues that manufacturers should consider when seeking to develop or enhance their finance capability. read more

CLP Foundation Names Raykovich Executive Director

The CLP Foundation's board of directors announced the hiring of Reid Raykovich, CLP, to fill the position of executive director when Cindy Spurdle retires this summer. read more

Equipment Lease Finance Industry Confidence Dips in May

The Equipment Leasing & Finance Foundation's May 2012 Monthly Confidence Index indicated that, overall, confidence in the equipment finance market was down slightly, reflecting concerns about the pace of U.S. economic growth and global political and economic factors. read more

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