Equipment Leasing and Finance Association Related Content

Madison Capital President Appointed Vice Chair of ELFF’s Board of Trustees

The Equipment Leasing & Finance Foundation appointed Nancy Pistorio vice chair of its 2021 board of trustees. Pistorio is the president of Madison Capital, an independent provider of commercial equipment and vehicle lease financing. read more

ELFA Releases Events Lineup for January Through April 2021

The Equipment Leasing and Finance Association unveiled its lineup of scheduled events for January through April 2021. The events will cover a range of topics and formats and be held entirely virtually. read more

ELFA Releases Details for Virtual Equipment Management Conference

The Equipment Leasing and Finance Association unveiled details about the 2021 ELFA Equipment Management Conference & Exhibition, which will be delivered as a virtual event on Feb. 23 and Feb. 24. read more

ELFF Finalizes 2021 Board of Trustees

The Equipment Leasing & Finance Foundation announced the 2021 officers of its board of trustees, including Scott Thacker, CEO of Ivory Consulting, as chair; Nancy Pistorio, president of Madison Capital, as vice chair; Zack Marsh, CFO of Orion First Financial, as secretary/treasurer; and Ralph Petta, president and CEO of the Equipment Leasing and Finance Association, as president. read more

ELFA: November New Business Volume Down 7%, YTD New Business Volume Down 6%

According to the ELFA, overall new business volume for November was $7.3 billion, down 7% year over year from new business volume in November 2019. Year to date, cumulative new business volume was down almost 6% compared with 2019. read more

ELFA Addresses New Proposals Regarding Section 1071 of Dodd-Frank Act

In response to the Consumer Financial Protection Bureau’s proposals regarding Section 1071 of the Dodd-Frank Act, the Equipment Leasing and Finance Association took a three-step approach, including attempting to gain meaningful exemptions. read more

5 Takeaways From ELFA Webinar on e-Signatures and e-Leasing During COVID-19

The COVID-19 pandemic has forced equipment finance companies to more quickly adopt digital processes and a post-pandemic world will likely continue to be remote and contactless, according to a webinar hosted by the ELFA on e-signatures, e-leasing and other digital contracting tools. read more

ELFA Releases Key Takeaways From FASB Meeting on Leases Standard

The Equipment Leasing and Finance Association released key takeaways from the Dec. 2 meeting of the Financial Accounting Standards Board. These takeaways were prepared by John Bober, chair of the ELFA financial accounting committee. read more

ELFA: Independents Finding Opportunity Despite COVID-19 Environment

A majority of participants polled during a session presented at ELFA 2020 Business LIVE! said that independents will gain market share over banks and captives in 2021. Where they are finding opportunities and how they pursue deals were among the topics of an event session. read more

ELFA Elects Members of 2021 Business Council Steering Committees

The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming the members of the five committees representing key business sectors of the association membership. read more

ELFA: Equipment Finance Industry NBV Falls 9% Y/Y, Rises 6% M/M in October

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, overall new business volume for October was $9.2 billion, down 9% year over year from new business volume in October 2019. Volume was up 6% month to month from $8.7 billion in September. read more

5 Ways COVID-19 is Shaping the Equipment Finance Company of the Future

Studies suggest that COVID-19 has accelerated digital adoption by seven to 10 years and propelled use of business models with advanced technology by up to six years, according to a session presented at ELFA 2020 Business LIVE! on Oct. 27. read more

ELFA Panel Examines Hype vs. Reality of AI, Blockchain, IoT and Biometric ID

In a panel at ELFA 2020 Business LIVE!, panelists addressed the acceleration of technological change in the equipment finance industry and explored where equipment finance companies should invest their time, energy and dollars. read more

Snow Becomes Third Female Board Chair of the ELFA

Kris Snow, president of Cisco Capital, became the third female board chair of the Equipment Leasing and Finance Association when outgoing board chair Martha Ahlers, president of United Leasing & Finance, passed the leadership torch to Snow on Nov. 10 as part of ELFA 2020 Business LIVE! read more

Leaseurope, ELFA, CFLA Call on IASB to Reassess Lease Accounting for SMEs

Leaseurope, the ELFA and the CFLA issued a joint statement in response to the IASB’s Comprehensive Review of the IFRS for SMEs Standard, calling for independent cost-benefit analysis specific to SMEs before any decisions are made on changes to lease accounting. read more

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