Associations

NEFA Elects Exec Committee at Funding Symposium in Music City

NEFA held its board of directors’ elections on day two of its Funding Symposium in Nashville. Five individuals were elected to the executive committee, including Arvest Equipment Finance’s Kyle Gilliam who was elected NEFA president. read more

ELFF: Modest Growth for Equipment Investment Through 2013

Investment in equipment and software is expected to grow 3.3% in 2013, according to the Q4 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook release by the ELFF. read more

NBAA Calls on Congress to End Shutdown

NBAA CEO Ed Bolen sent a letter to Congress saying that the general aviation industry has been grounded by the shutdown, comparing the situation to an economy where citizens are unable to buy and sell cars. read more

ELFA: Lease Accounting Feedback Reveals Significant Opposition

The ELFA released an article by Bill Bosco that presents feedback received regarding the second lease accounting Exposure Draft and summarizes comments raised in opposition to the proposed lease accounting changes. read more

ELFA Releases Video Highlighting Value of Membership

The ELFA said it has launched a new video showcasing a diverse group of industry leaders sharing insights into the key reasons equipment finance professionals join the organization. read more

ELFA: Industry Compensation Increases for Third Straight Year

Compensation in the equipment finance industry rose for the third year in a row in 2012, according to the 2013 Equipment Leasing and Finance Compensation Survey from the ELFA and McLagan. read more

Certified Lease Professional Foundation Adds Two CLPs

The Certified Lease Professional Foundation said that Bree Johnson, senior processor, Commerce National Bank, and Mike Willerer, funding team manager, Direct Capital, have passed the CLP exam. read more

ELFA: August New Business Down 7% Y/Y

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for August was $6.4 billion, down 7% compared to volume in August 2012. read more

ELFF: Industry Confidence Remains Steady in September

The Equipment Leasing & Finance Foundation's September 2013 Monthly Confidence Index showed that overall, confidence in the equipment finance market is 61.3, steady with the August index of 61.0. read more

ELFA Opposes Lease Accounting Proposal in Letter to Boards

In a letter to FASB and IASB on the second Exposure Draft of the proposed standard, the ELFA said it could not support the issuance of a final standard based on the revised proposal. read more

Certified Lease Professional Foundation Adds 15 CLPs

The Certified Lease Professional (CLP) Foundation said fifteen professionals have earned the CLP designation. This is the highest number of individuals to gain the designation in one sitting. read more

Odessa’s LeaseWave Wins 2013 ELFA Technology Award

The ELFA announced that Odessa Technologies’ implementation of LeaseWave End-of-Lease Management system at TCF Equipment Finance has won the Operations and Technology Excellence Award for 2013. read more

ELFA: Only Two Weeks Left to Comment on Lease Accounting ED

ELFA president and CEO William G. Sutton sent a message to ELFA members urging all lessees, their financing partners and other stakeholders to submit comment letters on the lease accounting Exposure Draft by the Sept. 13 deadline. read more

ELFA: July New Business Up 9% Y/Y

The ELFA's Monthly Leasing and Finance Index showed that overall new business volume for July was $7.2 billion, up 9% compared to volume in July 2012. read more

Industry Confidence Up Fourth Consecutive Month

The Equipment Leasing & Finance Foundation said its August 2013 Monthly Confidence Index for the Equipment Finance Industry showed that confidence in the equipment finance market increased in August from the July index. read more

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Terry Mulreany
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