The Equipment Leasing and Finance Association recognized First Financial Equipment Leasing for 20 years of membership in the organization. ELFA is the premier trade association representing companies in the nearly $1 trillion equipment finance sector.

“It is wonderful to see how far First Financial has gone since Richard Stebbins and I co-founded the company two decades ago,” Tom Slevin, co-founder and CEO at FFEL, said.  “Since day one, our involvement with EFLA has been vital to our success and longevity. We’re grateful to the association for fostering a collaborative environment where we can learn from our peers, establish new customer relationships, and continue to equip our business for success. All of us at FFEL look forward to what the next 20 years have in store for our company and the equipment finance industry.”

The association’s 575 members include independent and captive equipment leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers.

“Since its founding in 1961, ELFA has united the equipment finance industry under one umbrella to learn, do business and advocate for equipment finance and its important role in the U.S. economy,” Ralph Petta, president and CEO of the ELFA, said. “Over the years, member companies have evolved and innovated to meet changing customer needs. This speaks to the strength and resilience of our industry as it equips American businesses to succeed and prosper. We congratulate all the companies celebrating milestone membership anniversaries in 2022.”