Arizona Equipment Leasing Association Has First Meeting

The Arizona Equipment Leasing Association (AZELA) had its first meeting in 2011 at the Starfire Country Club on February 17. There were 18 in attendance, representing members, brokers and funders, and visitors and potential members.

During the meeting the attendees were made aware of proposed data security legislation, Arizona House Bill 2244 which would require owners of digital copy machines, including finance sources, to destroy every record that is stored on the equipment. It could potentially cause a liability to the lessor, broker and manufacturer for any misuse of the information stored on the digital systems. The bill also covers computers, printers and multifunction equipment.

The AZELA said its members and other interested parties were invited by Dennis Brown, VP State Government Relation of the Equipment Leasing & Finance Association (ELFA) who has been monitoring the bill, to attend a meeting on February 24 to present amendments to the proposed bill.

Following, there was a discussion of the usage and advantages of cloud computing and off sight data storage. The guest speaker, sales trainer and coach, Mike Leeds of Pro Sales Coaching gave an enlightening and humorous presentation on what not to do on marketing calls.

Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No tags available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.