Kelly Skalicky, Stearns president and CEO, commented, “The CLFP Handbook has been a valuable go-to resource for us because the CLFP program provides a thorough, in-depth examination of leasing and equipment finance and the unique historical and legal underpinnings [of] our industry. At Stearns, we take tremendous pride in having the most knowledgeable, most experienced, and most highly trained professionals in the industry. Over 40 of our incredibly dedicated, determined and inspiring professionals prepared together, studied together, and sat for the CLFP course and exam. I am so tremendously proud of our team, and I am personally honored and inspired to work side-by-side with each and every one of them!”
The CLFP designation identifies an individual as a knowledgeable professional to employers, clients, customers, and peers in the equipment finance industry. There are currently 704 active Certified Lease & Finance Professionals and Associates in the United States, Canada and Australia.
This year has kept the equipment finance sector on its toes with a massive banking crisis, continually rising interest rates and consistent concerns about an economic recession. Equipment finance companies and their customers are continuing to deal with the pressure... read more
Working capital, an indicator of a business’s short-term financial position, is calculated as a business’s current assets minus its current liabilities, indicating the liquidity levels for managing its day-today expenses. A working capital loan is either a lump sum or... read more