Associations

CFA Launches ABL, Factoring Certification Programs

The CFA said it has established a formal certification process for asset-based lending and factoring professionals. read more

ELFA Launches 'Equipment Finance Advantage' Website

The ELFA has launched a new website, www.EquipmentFinanceAdvantage.org, to help businesses take advantage of all the benefits of equipment leasing and finance. read more

PHH Arval's Stowers Elected to ELFA Mid-Market Committee

Rob Stowers, senior vice president, Truck and Equipment Leasing at PHH Arval, has been elected to serve a two-year term on the ELFA's Independent Middle Market Business Council Steering Committee. read more

ELFA: October New Business Volume Up 27% Y/Y

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for October was $7.6 billion, up 27% from volume of $6.0 billion in the same period in 2011. read more

Marlin’s Dyer to Serve on 2013 ELFA Board

Marlin Business Services announced that Dan Dyer, Marlin’s co-founder and chief executive officer, was elected to serve on the board of directors of the ELFA for 2013. read more

Equipment Lease Finance Confidence Neutral in November

The Equipment Leasing & Finance Foundation's November 2012 Monthly Confidence Index showed confidence in the industry is 49.9. A level of 50.0 indicates a neither positive nor negative outlook overall. read more

Equipment Manufacturers Name National Debt as Top Priority

The Board of Directors of the Association of Equipment Manufacturers established federal deficit reduction as its top policy priority headed into the new year. read more

Sterling VP Elected to ELFA Business Council Committee

Andre Crompton, vice president at Sterling National Bank, has been elected to serve a two-year term on the ELFA's Financial Institutions Business Council Steering Committee. read more

AIGCAF’s Phillips Re-elected to ELFA Committee

Kirk Phillips, SVP, AIG Commercial Asset Finance, has been re-elected to serve on the ELFA's Financial Institutions Business Council Steering Committee. read more

ELFA, Others Sponsor Sandy Fundraiser in D.C.

The ELFA said it is joining with the leadership of the financial services trade associations to host a fundraiser event to benefit victims of Hurricane Sandy. read more

ELFA: Equipment Finance Compensation Increases

Sustained economic growth spurred an increase in compensation among originators in the equipment finance industry in 2011, according to the 2012 Equipment Leasing & Finance Compensation Survey from the ELFA and McLagan. read more

NEFA NJ Expo Cancelled Due to Sandy

NEFA said that its 2012 Expo Super Regional Meeting, scheduled for Sunday evening, November 4, and Monday, November 5 in Teaneck, NJ, has been cancelled due to the recent storm damage in Northern New Jersey and the Greater New York City area. read more

ELFA Names Huntington's Remiker as Board Chair

The ELFA announced its new Board of Directors and officers who will serve during the next 12 months. Richard J. Remiker, president of Huntington Equipment Finance, is the chairman of the Board, and Adam Warner, president of Key Equipment Finance, is chairman-elect. read more

ELFA: September New Business Volume Up 16% Y/Y

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for September was up 16% from volume in the same period in 2011. read more

Equipment Finance Sector to Surpass $740B in 2013

The equipment finance market will exceed $740 billion in 2013, according to preliminary data released by the Equipment Leasing & Finance Foundation from the forthcoming U.S. Equipment Finance Market Study 2012-2013. read more

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Terry Mulreany
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