Associations

GAMA Urges Swift Action On Export-Import Bank Reauthorization

The General Aviation Manufacturers Association said in a statement that it hailed the bipartisan agreement to end the impasse over the reauthorization of the Export-Import Bank. The bank's charter lapses on May 31. read more

ELFA Accepts Nominations for Distinguished Service Award

The ELFA said it is accepting nominations for its Distinguished Service Award, which honors an individual who has made a significant contribution to the association and the equipment finance industry. read more

ELFA: Q1 New Business Volume Up 17% Y/Y

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for March was $6.8 billion, up 10% compared to the same period in 2011 and 36% sequentially. Year-to-date cumulative new business volume is up 17%. read more

ELFA Forms Communications Committee; Names Carol Chair

The ELFA has formed a new Communications Committee to work with its Communications and Marketing Department in increasing awareness of the equipment finance industry. Public relations professional Susan Carol is the chairwoman of the new committee. She was elected to the ELFA's Board of Directors in October 2011. read more

Equipment Lease Finance Industry Confidence Rises Slightly

The Equipment Leasing & Finance Foundation's April 2012 Monthly Confidence Index for the Equipment Finance Industry showed that confidence in the equipment finance market is up slightly from the March index, indicating industry optimism is slowly but steadily rising. read more

Q2 Outlook: Steady but Slower Growth in Equipment Investment

The Equipment Leasing & Finance Foundation's quarterly update to its 2012 Equipment Leasing & Finance U.S. Economic Outlook forecasts healthy growth year over year but notes that the projected growth for 2012 has slowed to 7% from the previous outlook of 9%. read more

Survey Reveals 15 Hottest Equipment Sectors

Medical equipment, oil/gas/energy and machine tools are the hottest equipment sectors in 2012, according to a recent survey of asset managers and consultants by the Independent Equipment Company in cooperation with the ELFA. read more

ELFA: February New Business Volume Up by 22% Y/Y

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for February was $5.0 billion, up 22% from volume of $4.1 billion in the same period in 2011. Volume was down two percent from the previous month. Year-to-date cumulative new business volume is up 22%. read more

NEFA 2012 Summit Sets New Records

NEFA said that its 2012 National Equipment Finance Summit attracted more than 180 attendees from across the United States and Canada, making it the largest conference since NEFA was created from the merger of EAEL and UAEL. read more

Equipment Lease Finance Industry Confidence Up in March

According to the Equipment Leasing & Finance Foundation's March 2012 Monthly Confidence Index for the Equipment Finance Industry, overall, confidence in the equipment finance market is up from the February index, indicating industry participants are optimistic despite concerns that external factors may have on the market. read more

ELFA, CFA File Amicus Brief in RadLAX Hotel Case

The Commercial Finance Association, together with nine other trade associations in the financial services industry, including the Equipment Leasing and Finance Association, have submitted a amicus brief to the U.S. Supreme Court in the case of RadLAX Hotel v. Amalgamated Bank. read more

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

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for January was $5.1 billion, up 21% from volume of $4.2 billion in the same period in 2011. Volume was down 53% from December, following the typical end-of-quarter, end-of-year spike in new business activity. read more

ELFA Issues Statement on Obama's Corporate Tax Reform Proposal

The ELFA's president William G. Sutton released a statement in response to the Obama Administration's proposal for corporate tax reform that noted, "Within the context of tax reform, capital formation incentives need to remain, and the ability to acquire capital equipment should not be adversely affected." read more

Industry Confidence Holds Steady in February

According to the Equipment Leasing & Finance Foundation's February 2012 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), confidence in the equipment finance market is 59.6, up slightly from the January index of 59.0. read more

IMN Names Speaker for Investors' Equipment Finance Conference

Information Management Network and the Equipment Leasing & Finance Association announced Pimm Fox, Bloomberg television anchor and Bloomberg radio host, as the keynote speaker of the 11th Annual Investors' Conference on Equipment Finance to be held in New York, NY on March 15, 2012. read more

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