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Frequently Asked Questions

1. What are the benefits of membership in ELFA?

Please visit the membership information page to learn about the value of your ELFA membership.

2. My company is a member. How can I gain member benefits?

You may create your individual profile by following these instructions:

  1. Click on "Create Account" in the upper right-hand corner.
  2. Click on the "User Search" link at the bottom of the page.
  3. Enter your name and click the "Search" button
    1. If you see your name in the search results, click on the "Send Login Info" button next to your name and your login information will be emailed to you as long as the email address you entered is in the database.
    2. If you don't see your name in the search results, click the "Create an Account Form" link.
  4. Type your company name into the Company field and click "Search".A new window will open listing the search results.Companies identified as ELFA members will have an ELFA logo to the left of their listing.
  5. Click on the name of the company from the search results.This will populate the profile form with the company name and other info.
    1. If your company name DOES NOT appear in the results, close the search results window and click the "Create Company Record" button.This opens a new window where you can create a profile for your company.
  6. Complete or update the fields as required. Please note, anything marked with an asterisk (*) is a required field and must be completed.
  7. Click “Submit” and you will see a confirmation on your screen that contains your Username/Member ID and password. Please keep this information safe as you will need it to log in to ELFA’s website.
    1. You should also receive an email to confirm that your profile was created. To change your password, log into the ELFA website, click on “Account Tools” in the upper right-hand corner, click on “Update My Username and Password” and enter the new password. Click on Update “Username/Password”.

3. When are ELFA 2014 dues payments due?

ELFA Membership dues are due by January 1, 2014. There isn't a penalty for late payment; however, the full amount is due for the membership year. Subsequently all member benefits are suspended until membership dues are paid in full or a payment plan has been established.

4. how are the membership dues calculated every year?

The dues for Regular Members are based on the company’s Annual Volume or Total Assets, whichever is greater. The dues for International and Associate Members are based on the total number of employees in the company. The dues are a flat rate for all other member types.

An increase of 2% or the Consumer Price Index from September 30th of the previous year, whichever is greater, will be applied to the membership dues on an annual basis.

Regular Membership Dues

Size 2014
$0 - $20 Million $2,920
$20 - $50 Million $4,240
$50 - $250 Million $6,370
$250 - $500 Million $8,490
$500 - $800 Million $10,610
$800M - $1 Billion $14,850
$1.0 - $1.5 Billion $18,560
$1.5 - $2.0 Billion $23,870
$2.0 - $3.0 Billion $34,480
$3.0 - $5.0 Billion $42,430
$5.0 - $10 Billion $53,040
$10 - $25 Billion $58,340
$25 Billion + $68,950

Associate Member Dues

Number of Employees
(For the entire company)
1 - 5 Employees $3,710
6+ Employees $5,300

Other Member Types

Arranger $6,370
Investor $6,370
Education/Government $580
Transitional - 1 Year $530
Transitional - 18 Months $1,060

7. What happens if I don't renew for the current year but want to renew the following year?

Membership dues are due by January 1, 2014. If dues are not paid by this date, all member benefits will be suspended. Your company's employees will not be able to receive member discounts or copies of the Equipment Leasing & Finance magazine, or access the members-only sections of for the lapsed year or until dues are paid.

A non-renewing, Regular Member organization will be permitted to attend one ELFA conference as a non-member and pay the applicable non-member registration fee. If the company wishes to attend another ELFA conference thereafter, it must join as a Regular Member.

9. I'm a former member. Can I pay dues to be reinstated?

If your membership has lapsed during the previous year, you are required to pay for both the current and previous years' dues. If it has been two years or more since your membership was active, your company must rejoin as a new member.

10. What portion of the 2014 ELFA membership dues are deductible as a business expense?

Payments for membership renewals are deductible for most members of a trade association under Section 162 of the Internal Revenue Code. However, under a provision of the 1993 Federal Tax Legislation, beginning in 1994 the portion of dues used by a trade association for state and federal lobbying purposes is not deductible by members as a business expense for federal tax purposes. For 2014, the percentage of an ELFA member's dues that are deductible as a business expense is 70%.

11. Who can I contact about membership with ELFA?

Michelle Fevola
Membership Coordinator

Julie Benson
Director, Membership