Associations

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

ELFA Issues Policy Statement on Comprehensive Tax Reform

The ELFA's Board of Directors has issued a Policy Statement on Comprehensive Tax Reform that outlines key principles it believes are important as Congress considers comprehensive reform of the tax code in the coming year. read more

Equipment Lease Finance Industry Confidence Steady in October

The Equipment Leasing & Finance Foundation's October Monthly Confidence Index for the Equipment Finance Industry indicated that overall, confidence in the equipment finance market is relatively unchanged from the September index. read more

ELFA's Sutton: Benefits of Financing Equipment Year Round

In an article posted on Manufacturing.net, ELFA's president and CEO William G. Sutton explained why it is important to keep equipment financing in mind not only at year's end, but also throughout the year. read more

IDS to Receive ELFA 30-Year Membership Award

International Decision Systems said it will be recognized for 30 years of membership in the Equipment Leasing and Finance Association at the 51st Annual ELFA Convention. read more

TAB Bank CCO Named to CFA Board of Directors

TAB Bank said that its chief credit officer, Gary Harding, has been named to serve on the Board of Directors for the Commercial Finance Association. read more

Q4/12 Outlook Shows Slowing Growth in Equipment Investment

The Equipment Leasing & Finance Foundation's Q4/12 Equipment Leasing & Finance U.S. Economic Outlook projected growth in equipment and software investment for 2012 is 6.7%, down from the 2011 growth rate of 11.0%. read more

ELFA: August New Business Volume Up 21% Y/Y

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for August was $6.9 billion, up 21% from volume of $5.7 billion in the same period in 2011. read more

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Terry Mulreany
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