Associations

CFLA Names Prime Capital’s President Member of Year

The Canadian Finance & Leasing Association named Angela Armstrong, president of Prime Capital Group and Forest Leasing, its 2012 member of the year. read more

NEFA Names Haug Member of the Year

Randy Haug, SVP and co-founder of LeaseTeam, received NEFA’s Chris Walker Memorial Member of the Year Award at its annual business meeting held in Washington, DC during its 2012 Funding Symposium. read more

TAB Bank Exec to Serve on NEFA Board

TAB Bank announced that its VP of Equipment Finance and Leasing, Mike Coon, has been selected to serve on NEFA’s Board of Directors for 2013. read more

NEFA Elects New Officers at Funding Symposium

NEFA announced its 2013 officers and directors who were elected during its annual business meeting last week in Washington, DC. read more

ELFA Appoints TBF Financial Exec to Credit, Collections Committee

TBF Financial said that its principal, Brett Boehm, has been appointed to the Credit and Collections Planning Committee of the Equipment Leasing and Finance Association. read more

ELFA May Withdraw Support for Lease Accounting Project

The ELFA has announced it may withdraw its support for the proposal to develop a new lease accounting standard, calling the current proposal "fraught with difficulties." read more

ELFA: July New Business Volume Up 16% Y/Y, Down 18% M/M

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for July was $6.6 billion, up 15.8% from volume of $5.7 billion in the same period in 2011. Volume was down 17.5% from the previous month. Year-to-date cumulative new business volume increased 14.7%. read more

Mesches to Receive ELFA's 2012 Distinguished Service Award

The ELFA said it has selected Andrew Mesches, a 30-year veteran of the equipment leasing industry, to receive its 2012 Distinguished Service Award. He will be formally recognized during a ceremony at ELFA's 51st Annual Convention in Desert Springs, CA, in October. read more

Equipment Lease Finance Industry Confidence Neutral in August

The Equipment Leasing & Finance Foundation's August 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) showed that overall, confidence in the equipment finance market is down from the July index, reflecting ongoing industry concerns over economic, regulatory and political uncertainty. read more

Business Jet YTD Deliveries Rise 13.1%

The General Aviation Manufacturers Association said business jet deliveries increased 13.1% to 294 aircraft in the first half of 2012 compared to the same period last year. GAMA noted signs of stability and growth across segments. read more

NEFA Announces Walker Memorial Award, Education Fund

The National Equipment Finance Association said it will rename its Member of the Year Award to honor the late Chris Walker, last year’s recipient of the award. In addition, an education fund has been established in Walker’s name. read more

ELFA: June New Business Volume Up by 10% Y/Y, Up 29% M/M

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for June was $8 billion, up 9.5% from the same period in 2011. Volume was up 29% from the previous month. Year-to-date cumulative new business volume increased 14.5%. read more

ELFA Recognizes VP, Business/Professional Development

The ELFA said that it recognized Lesley Sterling, vice president of Business and Professional Development, for her 30 years of service to the association. read more

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

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