ELFA Related Content

ELFA Equality Movement Pledges to Fight Racial Injustice & Intolerance

ELFA’s Equality movement took a firm stand in calling for inclusion not only in the equipment finance industry, but also for the whole of society. read more

ELFA Accepting Nominations for 2020 Operations & Technology Excellence Award

The ELFA is accepting member nominations for its 2020 Operations & Technology Excellence Award, which recognizes equipment finance organizations that have successfully implemented an operational excellence initiative and/or a technology innovation project. read more

ELFA Webinar: Accounting Insights for COVID-19 Lease & Loan Modifications

ELFA’s webinar addressed modification accounting, application of FASB COVID-19 related relief and operational considerations when modifying contracts. read more

ELFA MLFI-25: NBV Down 7% Y/Y, 8% M/M, Up 10% YTD

The ELFA’s MLFI-25 showed overall new business volume for April was $8.2 billion, down 7% year-over-year from new business volume in April 2019. Volume was down 8% month-to-month from $8.9 billion in March. Year-to-date, cumulative new business volume was up 10% compared to 2019. read more

ELFA Webinar Outlines Tools for COVID-19 Operational Resiliency

ELFA’s webinar on operational resiliency addressed needs caused by COVID-19 and how equipment finance companies can build long-term resilience. read more

ELFA Webinar Takeaways: e-Signatures and e-Leasing in Equipment Finance

The ELFA webinar, “e-Signatures and e-Leases in the COVID-19 World,” outlined factors for equipment finance businesses to consider when contracting electronically. read more

ELFA May Webinars to Provide Critical Industry Info During COVID-19

The ELFA’s new webinar lineup for May 2020 provides critical information to equipment finance professionals in the face of the global COVID-19 pandemic. read more

ELFA Submits Comment Letter to FASB

ELFA submitted a comment letter to the FASB supporting a one-year effective date delay for certain stakeholders applying leases and revenue recognition guidance. read more

ELFA Webinar: Combatting COVID-19 Fraud, Cybersecurity Risks

An ELFA webinar discussed red flags and best practices for combatting fraud and cybersecurity risks in the COVID-19 environment. read more

ELFA Webinar Outlines COVID-19 Federal Relief for Equipment Finance Companies

The webinar “The Federal Government’s Response to the COVID-19 Pandemic: Implications for Equipment Finance Companies” hosted by the Equipment Leasing and Finance Association on April 22 provided guidance for navigating the rollout of the new legislation. read more

Petta Notes ELFA March MLFI-25 Does Not Reflect COVID-19 Impact

The ELFA’s March MLFI-25 reflected increases in new business volume, but comments from Ralph Petta and Nancy Pistorio, President of Madison Capital reflect the March divide in business activity as the impact of the coronavirus set in.  read more

ELFA Launches Webinar Series on COVID-19’s Impact on Equipment Finance

The Equipment Leasing and Finance Association announced a series of free webinars to provide critical information to equipment finance professionals during the global COVID-19 pandemic. read more

ELFA Releases Informational Video on COVID-19 Relief for Small Businesses

The Equipment Leasing and Finance Association released a new video interview on important components of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. read more

ELFA Advocates for Equipment Finance Companies with SBA

ELFA President and CEO Ralph Petta submitted a letter to the U.S. Small Business Administration requesting that equipment finance companies be eligible to participate in the new Paycheck Protection Program under the CARES Act. read more

Bober: Resources Available for COVID-19 Impact on Financial Reporting

John Bober, chair of the Equipment Leasing and Finance Association’s Financial Accounting Committee, provided a list of resources available regarding COVID-19’s impact on financial reporting. read more

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