News – Association News

By: Monitor Daily  09-12-2011
Keywords: Equipment Leasing, Equipment Finance, Finance Industry

News – Association News

Last Updated: November 23, 2011

The ELFA’s Monthly Leasing and Finance Index showed overall new business volume for October was $6.0 billion, up 22% from volume of $4.9 billion in the same period in 2010. Volume was down 16% from the previous month. Year-to-date cumulative new business volume is up 25%.


Date Posted

November 22, 2011  


Pacific Rim Capital said that its co-founder and COO, David C. Mirsky, has been elected to serve a two-year term on the ELFA’s Independent Middle Market Business Council Steering Committee.


Date Posted

November 21, 2011  


The Equipment Leasing & Finance Foundation’s November Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) showed that confidence in the equipment finance market is 57.4, up from the October index of 50.7, indicating an increase in optimism about business activity despite ongoing concerns about the global economic situation.


Date Posted

November 18, 2011  


The ELFA announced the results of the association’s September 2011 Business Council Steering Committee elections. These committees provide input on the direction of the association and serve as a bridge between the membership and the ELFA board.


Date Posted

November 15, 2011  


The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for September was $7.1 billion, up 25% from volume of $5.7 billion in the same period in 2010. Volume was also up 25% from the previous month. Year-to-date cumulative new business volume is up 25% as well.


Date Posted

October 25, 2011  


At its 50th Annual Convention, the ELFA announced its new board of directors and officers. Crit DeMent, chairman and CEO of LEAF Commercial Capital, is the chairman of the board and Rick Remiker, president of Huntington Equipment Finance, is now chairman-elect.


Date Posted

October 24, 2011  


The Equipment Leasing & Finance Foundation’s October 2011 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) showed that confidence in the equipment finance market is 50.7, up from the September index of 47.6, indicating some respite from the concerns about the global economic situation.


Date Posted

October 21, 2011  


The board of directors of American Trucking Associations elected Dan England, chairman of C.R. England, as the trucking federation’s 67th chairman.


Date Posted

October 20, 2011  


Hugh Swandel, a managing director of The Alta Group, is the newly elected president of the National Equipment Finance Association’s board of directors. As NEFA president, Swandel said he will help the association emerge from the credit crisis era.


Date Posted

October 10, 2011  


William G. Sutton, president and CEO of ELFA, will give the opening keynote address at the 2011 Expo Regional Meeting of the National Equipment Finance Association. He will discuss the state of the industry and provide his perspective on the Washington regulatory and political landscape.


Date Posted

October 10, 2011  


Compensation levels in the equipment leasing and finance industry trended upward in 2010, according to the ELFA’s 2011 Equipment Leasing & Finance Compensation Survey. From 2009 to 2010 new business volume improved by 9%, which translated to modest total compensation growth.


Date Posted

October 4, 2011  


The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for August was $5.7 billion, up 33% from volume of $4.3 billion in the same period in 2010. Volume was unchanged from last month.


Date Posted

September 27, 2011  


The Equipment Leasing & Finance Foundation’s September 2011 Monthly Confidence Index indicated that overall, confidence in the equipment finance market is 47.6, down from the August index of 50.0, indicating continuing concern with global economic conditions and their impact on the industry.


Date Posted

September 23, 2011  


The National Equipment Finance Association said its 2011 Funding Symposium drew more than 150 attendees, making it one of the best conferences so far in the group’s brief history. It also named Chris Walker of GreatAmerica Leasing NEFA Member of the Year.


Date Posted

September 19, 2011  


FASB member Daryl Buck and IASB member Prabhakar (“PK”) Kalavacherla addressed the ELFA’s 2011 Lease and Finance Accountants Conference this week in Dallas and urged all interested parties comment on the proposed changes regarding the convergence of accounting standards.


Date Posted

September 16, 2011  


The Equipment Leasing and Finance Association (ELFA) has selected Jerry Jordan, executive vice president at U.S. Bancorp Equipment Finance, to receive its 2011 Distinguished Service Award.


Date Posted

September 7, 2011  


The National Equipment Finance Association will hold its Expo Super Regional meeting November 6 and 7, 2011. The meeting will focus on specific things brokers and lessors can do to respond effectively to changes in the industry.


Date Posted

August 29, 2011  


The ELFA’s Monthly Leasing and Finance Index showed overall new business volume for July was $5.7 billion, up 2% from volume of $5.6 billion in the same period in 2010. Compared with June volume of $7.3 billion, July volume decreased by 22%.


Date Posted

August 23, 2011  


Dave D’Antonio, managing director of EverBank Lender Finance Group, is a featured speaker at the upcoming 2011 NEFA Funding Symposium. He will discuss debt liquidity and positioning finance companies in the capital markets.


Date Posted

August 22, 2011  


The Equipment Leasing and Finance Association announced its 2011 ELFA Lease and Finance Accountants Conference that will provide information about proposed changes to the lease accounting standard and their implications.


Date Posted

August 2, 2011  


ELFA president William G. Sutton released a statement praising the decision by the FASB and IASB to re-expose their revised proposals for a common leasing standard.


Date Posted

July 26, 2011  


The ELFA announced that Odessa Technologies’ implementation of LeaseWave at ICON Capital, a member of the Monitor 100 group of top leasing and finance companies, has won the ELFA’s Operations & Technology Excellence Award for 2011.


Date Posted

July 19, 2011  


The ELFA said that First American Equipment Finance and ICON Capital will receive its 2011 Operations & Technology Excellence Award for creatively applying technology to increase efficiency and enhance customer relations.


Date Posted

July 14, 2011  


The Equipment Leasing and Finance Association said Richard Shanahan has joined the organization as director of government relations. He will engage members in grassroots activities at the federal level and run ELFA’s political action committee.


Date Posted

July 12, 2011  


NEFA’s Institute for Leasing Professionals is offering a series of three free sales teleseminars for equipment leasing and financing brokers and lessors. The series focuses on techniques to jump start business in the rebounding economy.


Date Posted

July 7, 2011  


According to the ELFA’s 2011 Software Guide, widespread IT modernization is expected in the equipment finance industry, thanks to lease accounting rule changes and the desire to reduce costs, increase efficiency and improve service.


Date Posted

June 30, 2011  


NEFA has launched a mobile specific website related to its upcoming 2011 Funding Symposium. The site, targeting smartphone and web-enabled mobile devices users, will provide up-to-the-minute conference information.


Date Posted

June 27, 2011  


According to the ELFA Foundation’s monthly confidence index for June 2011, overall, confidence in the equipment finance market is 52.6, down from the May index of 63.2.


Date Posted

June 21, 2011  


The Equipment Leasing and Finance Association said it has filed a comment letter on the Dodd-Frank credit risk retention NPRM with the SEC, the Department of Treasury, the Federal Reserve Board and the FDIC.


Date Posted

June 9, 2011  


The National Equipment Finance Association announced its upcoming funding symposium and has named Tara Aasand of Great American Insurance as conference chair.


Date Posted

June 6, 2011  


United Rentals announced a new partnership as an official sponsor of the National Hispanic Construction Association to support the association’s mission in providing educational, professional and technical resources to its members.


Date Posted

May 27, 2011  


The Equipment Leasing and Finance Association is accepting nominations for its Distinguished Service Award, which honors an individual who has made a significant contribution to the association and the equipment finance industry.


Date Posted

May 10, 2011  


The Equipment Leasing and Finance Association will host senior credit and collections professionals specializing in the equipment leasing and finance industry at the Credit & Collections Management Conference June 5-7 in Philadelphia.


Date Posted

May 9, 2011  


The ELFA’s Monthly Leasing and Finance Index showed overall new business volume for March was $6.2 billion, up 44% compared to the same period in 2010. Measured against February volume, March volume increased by 51%.


Date Posted

April 26, 2011  


The National Association of Equipment Leasing Brokers (NAELB) announced the newest members of its board of directors at its annual conference held in Austin, TX earlier this month. Joining the board are Gary Greene, Pete Sawyer and Corey Bell.


Date Posted

April 25, 2011  


Year-over-year confidence in the equipment finance market has increased significantly in April 2011, according to the Monthly Confidence Index for the Equipment Finance Industry released by the Equipment Leasing & Finance Foundation.


Date Posted

April 21, 2011  


Terence Dubowick was elected 2011-2012 chairman of the Truck Renting and Leasing Association. He is a national account manager for the Mack Leasing System and the Volvo Truck Leasing System.


Date Posted

April 1, 2011  


More than 110 attendees participated in the National Equipment Finance Summit held recently in Scottsdale, AZ, an increase from last year’s event.


Date Posted

March 24, 2011  


More than 130 investors and lease funding companies are confirmed to attend the 10th Annual Investors’ Conference on Equipment Finance – March 17th, 2011 – McGraw Hill Auditorium in New York City. In addition to the speaker line-up of senior-level industry experts, the IMN and ELFA are pleased to welcome three new additions to the [..]


Date Posted

February 24, 2011  


The Arizona Equipment Leasing Association (AZELA) had its first meeting in 2011 at the Starfire Country Club on February 17. There were 18 in attendance, representing members, brokers and funders, and visitors and potential members. During the meeting the attendees were made aware of proposed data security legislation, Arizona House Bill 2244 which would require [..]


Date Posted

February 23, 2011  


Susan Carol, a nationally accredited public relations professional who has specialized in equipment leasing and finance for more than 20 years, will speak at the NEFA National Equipment Finance Summit next month on how finance companies can integrate a social media strategy with business development and marketing objectives. Innovate, Inspire, Grow & Prosper is the [..]


Date Posted

February 18, 2011  


The Equipment Leasing & Finance Foundation released the February 2011 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $521 billion equipment finance sector. Overall, confidence [..]


Date Posted

February 18, 2011  


One session at NEFA’s upcoming National Equipment Finance Summit, in Scottsdale, Arizona, March 17-19, offers the ultimate in encouragement for brokers and lessors looking to build a solid balance sheet and a long-term business. In his 20th consecutive year of profitability, Bruce Winter, owner of FSG Leasing, will present a step-by-step history of how he [..]


Date Posted

February 15, 2011  


The Alta Group’s David Wiener will present a preview of their report created for the Equipment Leasing and Finance Foundation, due out early spring, at The National Equipment Finance Association’s National Equipment Finance Summit, March 17-19, in Scottsdale, AZ. The report, The Place of Independents, will detail both projections and certain traits for this market [..]


Date Posted

February 11, 2011  


The Equipment Leasing & Finance Foundation has named William G. Sutton, CAE, as its new president and Kelli Jones Nienaber as its new executive director. Sutton, who is currently President and CEO of the Equipment Leasing and Finance Association (ELFA), will retain that role and will also serve as president of the Foundation. The Foundation [..]


Date Posted

February 11, 2011  


The Alta Group’s David Wiener will present a preview of their report created for the Equipment Leasing and Finance Foundation, due out early spring, at The National Equipment Finance Association’s National Equipment Finance Summit, March 17-19, in Scottsdale, AZ. The report, The Place of Independents, will detail both projections and certain traits for this market [..]


Date Posted

February 11, 2011  


The Equipment Leasing & Finance Foundation has named William G. Sutton, CAE, as its new president and Kelli Jones Nienaber as its new executive director. Sutton, who is currently President and CEO of the Equipment Leasing and Finance Association (ELFA), will retain that role and will also serve as president of the Foundation. The Foundation [..]


Date Posted

February 11, 2011  


In a news release, American Trucking Associations President and CEO Bill Graves applauded President Obama for his commitment to rebuilding and renewing the country’s infrastructure, but called on his administration to live up to that commitment by proposing a robust surface transportation program with a strong focus on highways. “We agree with president Obama when [..]


Date Posted

February 10, 2011  


The information in this article was current at 06 Dec 2011

Keywords: Equipment Finance, Equipment Leasing, Equipment Leasing And Finance, Finance Industry,

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