Associations

ELFA's Sutton to Keynote 2011 NEFA Expo

William G. Sutton, president and CEO of ELFA, will give the opening keynote address at the 2011 Expo Regional Meeting of the National Equipment Finance Association. He will discuss the state of the industry and provide his perspective on the Washington regulatory and political landscape. read more

ELFA: Equipment Finance Industry Compensation Bouncing Back

Compensation levels in the equipment leasing and finance industry trended upward in 2010, according to the ELFA's 2011 Equipment Leasing & Finance Compensation Survey. From 2009 to 2010 new business volume improved by 9%, which translated to modest total compensation growth. read more

ELFA: August New Business Volume Up 33% Y/Y, Unchanged M/M

The Equipment Leasing and Finance Association's Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for August was $5.7 billion, up 33% from volume of $4.3 billion in the same period in 2010. Volume was unchanged from last month. read more

Equipment Finance Industry Confidence Declines in September

The Equipment Leasing & Finance Foundation's September 2011 Monthly Confidence Index indicated that overall, confidence in the equipment finance market is 47.6, down from the August index of 50.0, indicating continuing concern with global economic conditions and their impact on the industry. read more

NEFA: Funding Symposium Successful; Walker Member of Year

The National Equipment Finance Association said its 2011 Funding Symposium drew more than 150 attendees, making it one of the best conferences so far in the group's brief history. It also named Chris Walker of GreatAmerica Leasing NEFA Member of the Year. read more

ELFA Attendees Urged to Comment on Accounting Exposure Draft

FASB member Daryl Buck and IASB member Prabhakar ("PK") Kalavacherla addressed the ELFA's 2011 Lease and Finance Accountants Conference this week in Dallas and urged all interested parties comment on the proposed changes regarding the convergence of accounting standards. read more

ELFA: Jordan to Receive 2011 Distinguished Service Award

The Equipment Leasing and Finance Association (ELFA) has selected Jerry Jordan, executive vice president at U.S. Bancorp Equipment Finance, to receive its 2011 Distinguished Service Award. read more

NEFA to Hold Expo Super Regional in NJ November 6 & 7

The National Equipment Finance Association will hold its Expo Super Regional meeting November 6 and 7, 2011. The meeting will focus on specific things brokers and lessors can do to respond effectively to changes in the industry. read more

ELFA: July New Business Volume Up 2% Y/Y, Down 22% M/M

The ELFA's Monthly Leasing and Finance Index showed overall new business volume for July was $5.7 billion, up 2% from volume of $5.6 billion in the same period in 2010. Compared with June volume of $7.3 billion, July volume decreased by 22%. read more

EverBank Lender Finance's D'Antonio to Speak at NEFA Symposium

Dave D'Antonio, managing director of EverBank Lender Finance Group, is a featured speaker at the upcoming 2011 NEFA Funding Symposium. He will discuss debt liquidity and positioning finance companies in the capital markets. read more

ELFA Announces Lease and Finance Accountants Conference

The Equipment Leasing and Finance Association announced its 2011 ELFA Lease and Finance Accountants Conference that will provide information about proposed changes to the lease accounting standard and their implications. read more

ELFA Applauds Decision to Re-Expose Lease Accounting Standard

ELFA president William G. Sutton released a statement praising the decision by the FASB and IASB to re-expose their revised proposals for a common leasing standard. read more

LeaseWave Repeats as ELFA's Technology Award Winner For 2011

The ELFA announced that Odessa Technologies' implementation of LeaseWave at ICON Capital, a member of the Monitor 100 group of top leasing and finance companies, has won the ELFA's Operations & Technology Excellence Award for 2011. read more

First American EF, ICON Capital to Receive ELFA Excellence Award

The ELFA said that First American Equipment Finance and ICON Capital will receive its 2011 Operations & Technology Excellence Award for creatively applying technology to increase efficiency and enhance customer relations. read more

ELFA Appoints Richard Shanahan Director, Government Relations

The Equipment Leasing and Finance Association said Richard Shanahan has joined the organization as director of government relations. He will engage members in grassroots activities at the federal level and run ELFA's political action committee. read more

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