2017-03-10 03:56:23
ELFA IS PLEASED TO PRESENT A NEW infographic highlighting the benefits of equipment finance.
The “8 Reasons to Finance Equipment for Your Business” infographic provides a reader-friendly, visually inviting explanation for how equipment finance equips businesses for success.
Download your copy today from ELFA’s Equipment Finance Advantage website for end-users at at www.equipmentfinanceadvantage.org/rsrcs/info/.
ELFA Website Honored
HAVE YOU CHECKED OUT the new ELFA website? ELFA redesigned the site in 2016 based on input from ELFA members. The redesigned site, which launched in October, recently received a Platinum Award in the 2017 AVA Digital Awards competition, which recognizes excellence by creative professionals responsible for the planning, concept, direction, design and production of digital communication.
Nominate an Industry Leader
THE EQUIPMENT FINANCE HALL OF FAME annually recognizes individuals who have made unique, significant or lasting contributions to the industry and/or the association throughout their careers. Learn about the 2016 inductee and the 2017 nomination criteria and deadlines and access the online nomination form at www.elfaonline.org/hof. The deadline for nominations is April 1, 2017. Nominations will only be accepted via online submission. Please contact Julie Benson, Vice President of Membership Marketing, at jbenson@elfaonline.org with questions.
Guest Lecture Program Delivers
How can you increase awareness of equipment finance and attract new talent to the industry? Present the Guest Lecture Program! In January, Scott Thacker, CEO of Ivory Consulting Corporation; Martin Klotzman (standing in photo above), Ivory’s Marketing and Business Operations Manager; and Chris Enbom, CEO & Chairman of Allegiant Partners Incorporated, presented the Guest Lecture Program at the Wharton School of Business. Learn how you can deliver the program at www.leasefoundation.org/academics/GLP/.
ELFA Forecasts Industry Trends
WHAT ARE THE TOP TRENDS driving capital acquisition this year? Find out in the Top 10 Equipment Acquisition Trends for 2017, released in January by ELFA. Designed to help businesses with their strategic equipment acquisition plans, you can find the trends list—along with an infographic summarizing the trends—on ELFA’s Equipment Finance Advantage website for end-users at www.equipmentfinanceadvantage.org/rsrcs/articles/10trends.cfm.
Five Best Practices Roundtables Planned for 2017
BEST PRACTICES ROUNDTABLES are small, one-day meetings designed to facilitate the exchange of information among peers. Attendance is by invitation and is open to ELFA member companies only. Don’t miss these upcoming events:
• Bank Roundtable, April 4, Chicago
• Independent Roundtable, April 4, Chicago
• Captive and Vendor Finance Roundtable, April 4, Chicago
• Tax Professionals Roundtable, June 20.21, Nashville
• Human Capital Roundtable, Date TBD, Washington, D.C.
Learn more at www.elfaonline.org/events/calendar.
Webinar Dives Into Digital Transactions in Equipment Finance
ELFA AND eORIGINAL are hosting a free webinar on March 22: “eChattel Ops and Tech Deep Dive: Implementation and Technology Insights.” A panel of tech-savvy ELFA members will provide a roadmap for digital adoption that will help you decode operations and implementation barriers. Th is webinar is part of ELFA’s initiative to highlight the business benefits of adopting electronic documents. Learn more at www.elfaonline.org/ industry-topics/electronic-documents.
Grow Your Career with the Principles Workshop
THE PRINCIPLES OF LEASING AND FINANCE workshop is all about helping your employees become more valuable members of your corporate team. That means getting a full understanding of the basics of the business within the context of what is happening now in the marketplace.
Year after year ELFA member companies send their employees to attend the workshop. Why? Here’s what one recent attendee had to say: “I found the whole workshop to be an excellent introduction to the topic at hand and the speaker did a great job presenting it. Overall I would highly recommend this workshop and already have to several people I work with.”
Attendees also receive access to the Fundamentals of Equipment Leasing and Finance online course, a $350 value. Three workshops are scheduled for 2017: April 4–6 in Chicago, June 20–22 in Philadelphia and Sept. 19–21 in Denver. See details and register at www.elfaonline.org/POL.
ELFA can bring the Principles workshop and the Beyond the Basics workshop directly to you. Our instructors educate your employees in your offices with a comprehensive and customized agenda. For further details and pricing, contact Alexa Carnibella at 202. 238.3416 or acarnibella@elfaonline.org.
Membership MINUTE
REGULAR MEMBER COMPANIES are eligible to participate in the Survey of Equipment Finance Activity (SEFA), the most important source of statistical information available on the equipment finance industry. Member-company respondents receive a complimentary copy of both the SEFA and Small-Ticket SEFA as well as confidential Individual Company Data Sheets, which show the individual company’s statistics ranked against a peer group. If you are interested in learning more about the SEFA, please contact Bill Choi, Vice President of Research and Industry Services, at bchoi@elfaonline.org.
Legal Brain Trust Meets
The Legal Committee braved freezing temps in D.C. to gather for its annual January meeting at ELFA headquarters under the leadership of Chair Allan Umans, Vice President and General Counsel at Pacific Rim Capital. The group reviewed important committee and subcommittee activities for the year ahead and planned a packed agenda for the 2017 Legal Forum, May 7–9 in St. Pete Beach, Florida. Learn more and register at www.elfaonline.org/events/calendar.
Calling All Future Leaders
HERE’S YOUR CHANCE to hear from some of the industry’s best, followed by an opportunity to network with them and your peers. If you’re in Chicago (or will be) on April 5, we hope you’ll attend ELFA’s Emerging Talent Networking Event. The event will kick off with a meet and greet, followed by a panel discussion led by industry executives who will discuss their careers and lessons learned and answer attendee questions. The panel will be followed by a networking reception. There is no cost to attend, but space is limited. Th is event is sponsored by BMO Harris Bank, GSG Financial, Huntington Equipment Finance, LeaseTeam, PayNet and the Emerging Talent Advisory Council. Learn more at www.elfaonline.org/events/calendar.
Save the Date: Credit & Collections Event
DON’T MISS the 2017 Credit & Collections Management Conference and Exhibition, June 4–6 at the Hyatt Regency Baltimore Inner Harbor in Baltimore. For more information, see www.elfaonline.org/events/2017/CC/.
Top Execs Gather at Executive Roundtable
THE EXECUTIVE ROUNDTABLE brought top equipment finance executives to Naples, Florida, in mid-March to discuss the latest trends impacting the industry today, to strategize about the future and to create lasting business relationships. At the event, sponsored exclusively by International Decision Systems, thought leaders shared their insights into the economy, the impacts of Basel III, developments in fraud protection, digital disruption, regulatory compliance, FinTech markets and blockchain technologies. Featured speakers included Peter Zeihan, Geopolitical Strategist, and Rob Wescott, PhD, President of Keybridge Research, LLC.
Accounting Rules on the Horizon
IF YOU HAVE LEASE ACCOUNTING QUESTIONS, ELFA has answers! Visit our website for resources to prepare for the new lease accounting standard, including a four-part series on the new standard’s impact on the following:
• Lessor internal accounting issues,
• The lease versus buy decision,
• Lessors’ customer interaction and
• Lessor product and structuring opportunities.
Access tip sheets, white papers, articles and more at www.elfaonline.org/LeaseAccountingTools.
Access Event Recordings and Handouts
ELFA BUSINESS DEVELOPMENT conferences are full of critical and relevant information presented by some of the most knowledgeable people in the industry. If you weren’t able to attend, the ELFA Conference Resource Center (CRC) lets you become a virtual attendee, providing access to session handouts, speaker bios and session recordings for many of these events, including Equipment Management, Legal Forum, Credit and Collections, Operations and Technology, Lease and Finance Accounting and the 55th Annual Convention. To browse the available meetings and purchase access, go to http://elfa.sclivelearningcenter.com and look under Featured Events. Questions? Contact Alexa Carnibella at acarnibella@elfaonline.org or 202.238.3416.
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