“I always enjoy meeting with the my fellow NEFA members,” said Tina Cawthorn of Orange Commercial Credit, who served as chairperson for this year’s Finance Summit. “So, it was a pleasure to be asked to be the chairperson for this event and especially for one which was so well attended.”
According to Gerry Egan, NEFA executive director and CEO, this year’s Summit set several new records.
“At just over 325, we registered the largest number of people we’ve ever registered for a NEFA conference. For our first time ever, we also had to turn away exhibitors because we ran out of space. We were also pleased to have a large number of first time attendees and new members attend this conference and we booked the most room nights we’ve ever booked at a conference hotel,” Egan said. “And on top of that, we had the most number of people stay until the very end.”
Mike Coon, of Amur Equipment Finance, NEFA’s president and board chairman, said, “This year’s summit was a very successful meeting on a lot of levels. The energy, confidence and optimism of the attendees was exciting to be a part of.”
On March 14, before the Summit kickoff, a golfing fundraiser was held to benefit NEFA’s Chris Walker Education Fund. Randy Haug of LeaseTeam, Chris Lerma of AP Equipment Finance, Nancy Geary of ECS Financial Services, Hugh Swandel of The Alta Group and Chris Enbom of AP Equipment Finance, the fund’s directors, organized the event, which raised roughly $5,000.
At lunch on March 15, Coon briefed the attendees about the current status of the association and the search for an executive director to replace Egan when he retires in October of this year. Egan also spoke to the attendees during the lunch on Thursday about the development and impact of NEFA’s Online Learning Center.
Nature abhors a vacuum. Equipment finance abhors bankruptcy. Whether in securitized or large, single-asset financings, financiers structure transactions to be “bankruptcy remote.” This article will discuss a December 2021 bankruptcy court bench ruling that found certain protective provisions to be... read more
The current environment for funding sources is marred by many of the same challenges facing the greater equipment finance industry, with supply chain constraints, geopolitical tension and soon to be increasing interest rates among the many factors playing into the... read more