The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming members for its captive and vendor finance business council steering committee, financial institutions business council steering committee, independent middle market business council steering committee, service providers business council steering committee and small ticket business council steering committee.
The committees are an integral part of ELFA operations, providing input on the direction of the association, meeting the needs of members in their respective areas and serving as a bridge between the members, board of directors and staff. Each committee keeps its finger on the pulse of the industry, assessing sector trends and how they may impact the membership and the association.
“ELFA is a volunteer-driven association, and we appreciate all the members who will contribute their time and energy to serving on the 2021 business council steering committees,” Ralph Petta, president and CEO of the ELFA, said. “We have a lot to accomplish on behalf of the equipment finance industry in the year ahead, and we are fortunate to have engaged volunteers and a strong leadership team in place to advance our critical mission.”
The following individuals will serve on the five committees in 2021. The committee members are elected by the business council membership for a term of two years on a staggered basis.
Asterisks indicate members who were newly elected or re-elected in the 2020 elections. The ETAC liaisons are representatives from ELFA’s emerging talent advisory council.
Captive and Vendor Finance Business Council Steering Committee
This committee represents financial services organizations that provide sales-assisted financing and vendor and manufacturer support activities, either on a third-party or captive basis. The members are:
Financial Institutions Business Council Steering Committee
This committee represents bank-related organizations and other financial institutions involved in single transactions of more than $5 million. The members are:
Independent Middle Market Business Council Steering Committee
This committee represents non-bank-related organizations primarily involved in transactions between $250,000 and $5 million, either individually or through lines. The members are:
Service Providers Business Council Steering Committee
This committee represents organizations and firms providing a variety of related services to the members of the other four business councils. Associated company types include accounting, collections, law, consulting, software, equipment management, university/government, executive recruiters, insurance, nonprofits/associations and publishers. The members are:
Small Ticket Business Council Steering Committee
This committee represents financial services organizations primarily involved in transactions under $250,000, either individually or through lines. The members are:
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!