Associations

ELFA Recognizes ePlus Group for 30 Years of Membership

ePlus Group was recognized by the Equipment Leasing and Finance Association for 30 years of membership in the organization. read more

ELFA Names Shah and Weinberg Winners of Edward A. Groobert Award of Legal Excellence

The Equipment Leasing and Finance Association awarded Moorari K. Shah, partner at Sheppard Mullin Richter & Hampton, and Ken Weinberg, partner at Rimon, the Edward A. Groobert Award for Legal Excellence. read more

ELFA Unveils Agenda for Hybrid 2023 Credit & Collections Management Conference

The Equipment Leasing and Finance Association unveiled the agenda for its 2023 Credit & Collections Management Conference, which will be offered both in-person June 7-9 at the Hilton Palacio Del Rio in San Antonio and virtually at a discounted rate. read more

NEFA to Host Regional Event in Philadelphia on May 11

The National Equipment Finance Association will host a regional event on May 11 from 6-8 p.m. EDT in Philadelphia in the Basket Room at El Techo. The event is sponsored by Quality Equipment Finance and BankFinancial Equipment Finance. read more

ELFF Continues to Project Recession for 2023

The Equipment Leasing & Finance Foundation released the Q2/23 Equipment Leasing & Finance Industry Snapshot, an information resource for industry participants. The foundation projected the U.S. economy will enter a recession this year and grow by just 0.7%. read more

TBF Celebrates 25 Years as ELFA Member Company

TBF, a commercial debt acquisition company, reached 25 years of membership in the Equipment Leasing and Finance Association this year. read more

ELFA Releases Details About 2023 Legal Forum in Fort Myers, FL

The Equipment Leasing and Finance Association announced the agenda for its 2023 Legal Forum and recognized the members who are serving on the 2023 ELFA Legal Committee. The forum will be offered both in-person from May 7 to May 9 in Fort Myers, FL, and virtually at a special rate of $295. read more

NAFA Launches ESG Reporting Tool for Fleet Professionals

The NAFA Fleet Management Association (NAFA), a vehicle fleet industry association, launched ESGi, a new environmental, social and governance reporting offering for the fleet community. read more

ELFA Presents 5 Findings from Webinar on Fraud Detection and Prevention

The Equipment Leasing and Finance Association recently held a webinar covering types of fraud common in the equipment finance industry. The session was presented by Debbie Devassy Babu, Kristian Dolan and Jeffry Elliott. read more

Husain Khan, Secretary General of EBAA, Passes Away

Pete Bunce, president and CEO of the General Aviation Manufacturers Association (GAMA), released a statement concerning the recent passing of Athar Husain Khan, secretary general of the European Business Aviation Association (EBAA). read more

Petta to Retire as ELFA CEO and President at End of 2023

At a specially convened meeting of the Equipment Leasing and Finance Association board of directors, Bob Neagle, chair of the ELFA, announced Ralph Petta will retire as president and CEO of the association at the end of 2023. read more

Black Equipment Finance Network Holds Historic In-Person Networking Event at NEFA Summit

The Black Equipment Finance Network (BEFN) held its inaugural mixer at the National Equipment Finance Association's' recent Finance Summit, marking the group's first in-person event. read more

Government of Alberta Passes Amendments to Allow E-Chattel Paper

According to the Canadian Finance and Leasing Association (CFLA), the Government of Alberta tabled amendments that allow e-chattel paper under Bill 9 – Red Tape Reduction Statutes Amendment Act, 2023. Bill 9 passed its third reading in the Legislative Assembly of Alberta without amendments and will become law after receiving Royal Ascent. read more

February New Business Volume in Equipment Finance Rises 11% Y/Y

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25),  which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume in the equipment finance industry for February was $7.9 billion, up 11% year over year from their new business volume in February 2022. read more

California Disclosure Laws Cause 40% of Lenders to Avoid Smaller Deals

According to the Secured Finance Network, since new California disclosure rules were implemented in December 2022, 40% of respondents were found to be “no longer lending” to prospective borrowers who fall within the regulations’ threshold of less than $500,000.  read more

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