ELFA’s Survey of Equipment Finance Activity Reveals 7% Y/Y Decline in New Business Volume in 2020

According to Equipment Leasing and Finance Association’s 2021 Survey of Equipment Finance Activity, new business volume in the equipment finance industry decreased 7% year over year in 2020, marking the first time in a decade that businesses decreased their overall spending on capital equipment. read more

C2 Management Joins the National Equipment Finance Association

C2 Management, an asset disposition and recovery company, joined the National Equipment Finance Association. read more

ELFA Releases 2021 Software Guide

The Equipment Leasing and Finance Association released the 2021 ELFA Software Guide, showcasing leading software solutions for the equipment finance industry. read more

ELFF Forecasts 13.3% Expansion in Equipment/Software Investment in Outlook Update

According to the Q3/21 update to the Equipment Leasing and Finance Foundation’s 2021 Equipment Leasing & Finance U.S. Economic Outlook, annual equipment and software investment will grow 13.3% in 2021 and annual U.S. GDP growth for 2021 will increase by 6.1%. read more

CLFP Foundation Partners with TomorrowZone to Shape Future CLFP Candidate Experience

Last month, the Certified Lease & Finance Professional Foundation partnered with TomorrowZone on a session to shape the future CLFP candidate experience. The session yielded several ideas for the foundation to implement, including the reimagining of the Academy for Lease & Finance Professionals. read more

Crick Becomes First International President of the ASA from Outside the U.S.

The American Society of Appraisers named David Crick, managing director of DavAir Group, international president. Crick, who began his one-year term in the role on July 1, is the first ASA member from outside the United States to be named international president. read more

ELFA Opens Registration for 60th Annual Convention

Registration is now open for the Equipment Leasing and Finance Association’s 60th ELFA Annual Convention, which is scheduled to be held from Oct. 24 to Oct. 26 in San Antonio. For the first time, convention attendees will have the option to attend in-person or virtually. read more

ELFA Unveils Agenda for Emergence2021 LIVE!

The Equipment Leasing and Finance Association released a detailed agenda for Emergence2021 LIVE!, a virtual leadership program to be held on July 14 for emerging talent in the equipment finance industry. read more

FASB Appoints New Members to Emerging Issues Task Force

The Financial Accounting Standards Board appointed Jack Ciesielski and Brandon Coleman to its emerging issues task force. Ciesielski is a CPA and a CFA and the founder of R.G. Associates. Coleman is a partner in national office accounting and reporting services at Deloitte. read more

Equipment Finance Industry Confidence Holds Steady in June

According to the Equipment Leasing & Finance Foundation’s June 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 71.3, which is steady with the May index of 72.1.   read more

NEFA’s Baltimore Crab Feast Returns

The National Equipment Finance Association’s Baltimore Crab Feat returned this year as one of the first in-person gatherings of the trade association in 2021. read more

Equipment Leasing & Finance Foundation Launches 4th Annual Day of Giving Fundraiser

The Equipment Leasing & Finance Foundation is designating June 8 a “Day of Giving” for everyone who has benefitted from the industry research, programs and resources the foundation provides. read more

CLFP Foundation Adds 18 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 18 individuals recently passed the eight-hour online CLFP exam. There are now 1,022 active CLFPs and Associates in the United States, Canada, India, Africa and Australia. read more

ELFA Updates 2021 Calendar of Events

The Equipment Leasing and Finance Association released an updated calendar of events for the remainder of 2021. Each event will be held virtually, with the exception of the 60th ELFA Annual Convention, which will be a hybrid event, allowing for in-person or virtual attendance. read more

ELFF’s COVID-19 Impact Survey Reveals Portfolio Performance, Work-From-Home Expectations

The Equipment Leasing & Finance Foundation released the results of its first quarterly COVID-19 Impact and Recovery Survey, revealing a 1% decline in originations in 2020 among respondents as well as data on work-from-home practices and other factors influenced by the pandemic. read more

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