Equipment Leasing and Finance Association

NEW RELEASE🚨: Data from the November CapEx Finance Index (CFI), formerly the Monthly Leasing and Finance Index, indicate that durable goods orders are expected to grow by 0.12% in the upcoming November advanced report on durable goods. Year-to-date volume growth among surveyed ELFA member companies reached 4.2% in November, up from the 3.7% rate in October. Commenting on the results, Robert Moskovitz, Chief Financial Officer, Verdant Commercial Capital, said, "With the uncertainty of the presidential election results behind us and general stability of interest rates, all economic indicators point to a strong close to 2024 and into 2025. Absent of geopolitical risks, the general outlook for equipment demand should continue to ride the tailwinds created by expected investments in infrastructure, onshoring of manufacturing, pent-up demand and the continued clearing of backlogs still remaining due to supply chain issues.“ https://lnkd.in/e6ysZbEk #equipmentfinance #capex #economy #durablegoods

We kicked off the week with James Cress in Washington, DC, for ELFA's Board of Directors Chair orientation. Beyond a successful onboarding, it was an incredibly productive week as James and our Public Policy team engaged with Members of Congress, advocating for our industry's interests.   As we look ahead to 2025, it presents a prime opportunity for the equipment leasing and finance industry to reach new heights. We're not only focused on strengthening our presence at the state level but also expanding our federal advocacy footprint.   At ELFA's headquarters, we are energized for the year ahead. We are committed to working on your behalf, crafting exceptional experiences that enhance your connections and support your professional growth. We're excited for the leadership of James, the ELFA 2025 Board of Directors, and Leigh Lytle and look forward to their collective vision as we invest forward.

🚀 We’re Hiring! Vice President, Communications and Marketing 📣 Are you a seasoned leader in communications and marketing ready to take on your next challenge? Join the Equipment Leasing and Finance Association (ELFA) in Washington, D.C., and drive transformation in the dynamic equipment finance industry! 💼 The Opportunity: Lead ELFA’s communications strategy, enhance our brand, and make a lasting impact on a dynamic, growing industry. 📩 Apply now or share with your network: https://lnkd.in/eHDiF4uJ Let’s shape the future of equipment finance together! 🌟 #ELFA #Communications #EquipmentFinance #JobOpportunity

We are excited to share that KYLE ALEXANDRE, MBA has joined the ELFA team as Vice President, State Government Relations. Please join us in welcoming Kyle! In this role, Kyle will be a critical part of the ELFA Public Policy team. She will direct and execute all aspects of the association’s state government relations strategy, monitoring and engaging legislation and regulation impacting the industry in all 50 states. As Andy Fishburn has noted, Kyle's extensive experience in advocacy and legislative strategy will be pivotal as ELFA navigates an evolving landscape and addresses key issues in support of our members and the #equipmentfinance industry. Learn more at https://lnkd.in/ebNX-sKu #WeAreELFA #welcometotheteam #sayhello #equipmentfinance #advocacy #governmentrelations #associations

A growing number of states have enacted laws targeting companies that "boycott" a given industry that the state wants to protect. These laws are not well known throughout the equipment finance industry but are applicable to originators of equipment finance transactions. Dominic Liberatore and Alyse White Hayes of DLL highlight why this matters to our industry and share some practical considerations to keep in mind when operationalizing these laws in "ESG Policies May Collide with Anti-Boycott Laws" in ELFA's Nov/Dec magazine at https://lnkd.in/eUEmyi4u #WeAreELFA #equipmentfinance #ESG #legalissues

NEW RELEASE🚨: The October CapEx Finance Index (CFI), formerly the Monthly Leasing and Finance Index, reveals that new business volume among surveyed ELFA member companies grew by $10.5 billion from September to October, a monthly increase of 5.1%, the largest jump since August 2023. Commenting on the results, William Perry, Executive Vice President & Group Head, Regions Equipment Finance Corporation, said, “All encouraging data points clearly demonstrate the resiliency and critical role of equipment finance to the U.S. economy. As you consider further anticipated rate cut(s), capacity reshoring and the potential for 100% bonus being reinstated, we expect companies to increase investments in new technology, resources and production equipment. This should equate to increased demand for structured leasing and equipment finance products as companies look to maximize associated tax benefits. Having performed well over the past 24 months, the equipment finance sector is justly poised for growth as we head into 2025 and beyond.” https://bit.ly/3OqYWUE #equipmentfinance #capex #economy

ELFA Membership Milestone Highlight: Congratulations! Thank you Taylor & Martin for your 20 years of ELFA membership and your contributions to the Association and the equipment finance industry! https://lnkd.in/eMR3mWH7   #WeAreELFA #equipmentfinance #memberbenefits

Are you ready for Section 1071? It’s still being challenged in court. Deadlines have been pushed back. And flexibility is required now that the election is over. But waiting is not a strategy. Get expert insights on tackling Section 1071’s data requirements in "Countdown to Compliance" from ELFA at https://lnkd.in/ehUDnK6Y Key takeaways: • Start preparing now. But be flexible, in case things change down the road. • Face the challenges. Compliance requires new systems, processes and training. • Collaborate effectively. Work with legal, software and service providers to stay on track. Special thanks to Tara Aasand, Jeffrey Bilbrey, Benjamin Court, Andy Fishburn and Moorari Shah. Thanks also to author Marcia Doyle. #WeAreELFA #DoddFrank #compliance

ELFA is excited to introduce the members of the SMALL TICKET Business Council Steering Committee for the upcoming year! This group of leaders helps drive ELFA’s work, keeping an eye on trends that matter to our members. The committee represents financial services organizations primarily involved in transactions under $250,000, either individually or through lines.  • Kayla Perlinger, CLFP, Oakmont Capital Services (Committee Chair)  • Kip Amstutz, CLFP, 360 Equipment Finance  • Erik Anderson, Northland Capital Equipment Finance  • Anita Colvin, CLFP, U.S. Bank  • Frank Costanza, Choice Financial Group  • G. Paul Fogle, CLFP, Quality Equipment Finance  • John Gougeon, UniFi Equipment Finance  • Adrian Hebig, CLFP, Stearns Bank N.A.  • Gustavo Lichtenberger, DLL  • Will Mennesson, CLFP, AP Equipment Finance  • Douglas Nielsen, Wintrust Specialty Finance  • Chad Palmer, Western Equipment Finance  • Brad Peterson, Channel (Board Liaison)  • Brian Rodd, Securcor Financial Group  • Dave Schlauderaff, Merchants Bank Equipment Finance  • Michael Willerer, Alliance Funding Group  • Taylor Zwickl, Huntington Equipment Finance - Ed Rosen, ELFA Staff Liaison #WeAreELFA #equipmentfinance #leadership #weloveourmembers

ELFA Membership Milestone Highlight: Congratulations! Thank you Colliers for your 20 years of ELFA membership and your contributions to the Association and the equipment finance industry! https://lnkd.in/eMR3mWH7   #WeAreELFA #equipmentfinance #memberbenefits