Ralph Petta Related Content

ELFA Monthly Index Shows Y/Y Gain in New Business Volume, Still Down YTD

The ELFA’s monthly leasing and finance index showed overall new business volume for August was $7.7 billion, up 12% year-over-year, 10% month-over-month, but still down 6% year-to-date. read more

ELFA July Monthly Index Shows NBV Down 17% Y/Y, 30% M/M, 8% YTD

The ELFA’s Monthly Leasing and Finance Index showed that overall new business volume for July was $7.0 billion, down 17% year-over-year from new business volume in July 2015. read more

ELFA: June Equipment Finance NBV Up 3% Y/Y, 47% M/M, Down 7% YTD

The ELFA’s Monthly Leasing and Finance Index showed overall new business volume for June was $10.0 billion, up 3% year-over-year and 47% month-over-month. However, year-to-date volume is down 7% compared to 2015. read more

ELFA Survey Reports Overall New Business Volume Grew 12.4% In 2015

New business volume grew 12.4% in the equipment finance industry in 2015, according to the 2016 Survey of Equipment Finance Activity (SEFA) released today by the Equipment Leasing and Finance Association (ELFA). read more

ELFA Appoints Riehl VP of State Government Relations

Scott Riehl has joined the Equipment Leasing and Finance Association as vice president of State Government Relations, effective June 1. read more

ELFA Index Shows 12% Drop in April NBV Y/Y

The ELFA’s (ELFA) Monthly Leasing and Finance Index showed overall new business volume for April was $7.3 billion, down 12% from April 2015. Volume also was down month-over-month (10%) and year-to-date (10%). read more

ELFA/IMN Investor Conference: Developing Strategies in an Uncertain Environment

A theme of uncertainty dominated the 15th Annual Investor Conference as panelists discussed the increasing cost of funds and the sluggish equipment-backed ABS market. Despite geopolitical anxieties, prolonged stress in the energy sector and negative interest rates, many expressed a confidence in the industry’s resilience, expecting it to grow at a slow but steady pace in 2016.... read more

VIDEO: Petta Discusses February Monthly Leasing and Finance Index

At the IMN/ELFA Investors Conference in New York, ELFA President and CEO discussed the findings of the associations' monthly index and what to expect during the rest of 2016. read more

ELFF Lowers Previous Growth Forecast to 2.7%

Investment in equipment and software is expected to grow 2.7% in 2016 according to the Q2/16 update to the 2016 Equipment Leasing & Finance U.S. Economic Outlook released by the ELFF. read more

A Man for All Seasons: Petta Takes the Reins of the ELFA

As Ralph Petta sets out on his first year as president and CEO of the Equipment Leasing and Finance Association, we take a look at his rise to the top of the association, his relationship with predecessor Woody Sutton and what he hopes to accomplish now that he’s in charge.... read more

FASB Issues New Guidance on Lease Accounting

The Financial Accounting Standards Board (FASB) issued an update on the new accounting standards intended to improve financial reporting of leasing transactions. read more

ELFA Reports January New Business Volume Down 12% Y/Y, 52% M/M

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for January was $6.0 billion, down 12% year-over-year and 52% month-over-month. read more

ELFA Monthly Index Shows December New Business Volume Down 5% Y/Y

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index showed overall new business volume for December was $12.5 billion, down 5% from new business volume in December 2014. read more

ELFA Releases Top 10 Equipment Acquisition Trends for 2016

The ELFA revealed its Top 10 Equipment Acquisition Trends for 2016, which include a forecast of increased investment in software, an end of zero interest rate policy and a growth of equipment acquired through financing. read more

Earning a Spot at the Table: Creating a Constructive Relationship with the FASB

In the final installment of a three part series, Monitor editor, Rita E. Garwood, sits down with members of the ELFA’s Financial Accounting Committee — Bill Bosco, John Bober and Rod Hurd — as well as ELFA President and CEO Ralph Petta to discuss the ELFA’s Lease and Finance Accountants Conference as well as the association’s role in the lease accounting project. ... read more

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