Associations

Alta’s Remiker and Chrappa to Speak at Upcoming ELFA Events

Rick Remiker and Carl Chrappa, both leaders at global equipment finance advisory The Alta Group, will deliver remarks at a pair of upcoming events hosted by the Equipment Leasing and Finance Association (ELFA) focused on the industry’s future. read more

Equipment Finance New Business Volume Up 6% Y/Y in January

The ELFA’s Monthly Leasing and Finance Index showed overall equipment finance new business volume for January was $9.3 billion, up 6% year-over-year from January 2023. read more

ELFA Launches Interactive State Map to Track Financial Disclosure Regulation Activity

To assist equipment finance companies in tracking financial disclosure regulations that will impact their businesses, the Equipment Leasing and Finance Association developed a new interactive state-by-state disclosure map of legislative activity. read more

NEFA Names Wehner Manager of Education

The National Equipment Finance Association named William "Skip" Wehner its new manager of education. Wehner has more than 30 years of small business lending experience. read more

Equipment Leasing & Finance Foundation Accepting Applications for Scholarship Program

The Equipment Leasing & Finance Foundation is accepting applications for its scholarship program for the 2024-2025 academic year. The foundation will award up to 10 scholarships of $5,000 each to students interested in pursuing a career in the equipment finance. read more

NEFA’s Chris Walker Education Fund Extends Deadline to Submit Grant Applications

The board of trustees of the National Equipment Finance Association’s Chris Walker Education Fund extended the deadline to submit grant applications to Feb. 29. The fund, which is actively raising funds, will award a total of $30,000 grants by the end of March. read more

New ELFF Study Finds Incidents of Fraud Are Rising in Equipment Finance

Incidents of fraud, including identity theft and first- and third-party borrower fraud, have increased by 10% or more among equipment finance companies over the last two years, according to a new study from the Equipment Leasing & Finance Foundation. read more

CLFP Foundation Adds 12 New Australian CLFPs

The Certified Lease & Finance Professional Foundation certified 12 individuals in Australia who recently passed the eight-hour online proctored CLFP exam. read more

ELFA Launches Webinar Series Focused on Diversity, Equity and Inclusion

The Equipment Leasing and Finance Association will launch a new series of webinars focused on diversity, equity and inclusion. The first webinar will take place Feb. 14 and focus on “Empowering Tomorrow, Black History Month and the Future of Inclusion in Equipment Finance.” read more

ELFA Reports 3.9% Y/Y Growth in New Business Volume in Equipment Finance Industry in 2023

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume for December was $12.5 billion, up 2% year over year, while cumulative new business volume for 2023 was up 3.9% compared to 2022. read more

Equipment Finance Industry Confidence Improves in January

The Equipment Leasing & Finance Foundation released the January 2024 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), finding that, overall, confidence in the equipment finance market is 48.6, an increase from the December index of 42.5. read more

ELFA Unveils Top 10 Equipment Acquisition Trends for 2024

The Equipment Leasing and Finance Association revealed its Top 10 Equipment Acquisition Trends for 2024, including projections of 1.7% growth in real U.S. GDP and 2.2% growth in real equipment finance software investment. read more

ELFA Releases Agenda for 2024 Equipment Management Conference

The Equipment Leasing and Finance Association released the agenda for the 2024 Equipment Management Conference & Exhibition, which will be held March 10-12 in New Orleans, including sessions evaluating current market conditions, networking opportunities and more. read more

NEFA’s Chris Walker Education Fund Still Accepting Grant Requests to Support Education Initiatives

The board of trustees of the National Equipment Finance Association’s Chris Walker Education Fund is actively raising funds and will continue to accept grant applications until Feb. 1. The fund will award a total of $30,000 grants by the end of February. read more

ELFA Announces Members of 2024 Business Council Steering Committees

The Equipment Leasing and Finance Association announced the results of the association’s business council steering committee elections, including the bank, captive and vendor finance, independent, service providers and small-ticket business council steering committees. read more

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