Associations

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

CLP Foundation Names Excellence Award Recipient, New CLP

The board of the Certified Lease Professional (CLP) Foundation said that Theresa Kabot, CLP, of K2 Funding, is the recipient of the first annual Cindy Spurdle Award of Excellence. The board also said John Harders of Arvest is now a Certified Lease Professional. read more

Equipment Lease Finance Confidence Ticks Up in September

The Equipment Leasing & Finance Foundation's September 2012 Monthly Confidence Index indicated that confidence in the equipment finance market is up from the August index. read more

ELFA Appoints Fishburn as VP, Fed Government Relations

The ELFA said that Andy Fishburn has joined the organization as vice president of Federal Government Relations. He has focused on legislative, financial and tax policy matters throughout his career within the Department of Treasury and the U.S. Congress. read more

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

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