Download the 2025 Annual Report
A Message From ELFA's CEO
The title of our latest Annual Report is Investing in Our Industry’s Future, and it’s hard to think of a more apt description for what we’ve done over the course of 2025 —or where we plan to go in years to come. As you know, we live in a rapidly changing world. From new technologies and a changing workforce to a whole new ballgame in Washington, each of these realities carries a range of challenges—but also opportunities. I’m proud to say that, in 2025, we leaned into all of them.
We made a series of strategic investments, brought in new talent, and refused to take our eyes off the key imperatives before us. As a result, ELFA made significant progress for the industry.

A few highlights include:
- Securing historic tax-policy advances, achieving permanency for interest deductibility and 100% expensing after years of advocacy.
- Advancing regulatory relief under Section 1071 through direct engagement with the Consumer Financial Protection Bureau to achieve a balanced and favorable rulemaking beyond the temporary court stay.
- Launching the next evolution of our workforce initiatives, focusing on attracting, training, and retaining the talent our industry needs.
- Expanding ELFA’s research capabilities to unify data and deliver more actionable, accessible insight for members.
- Reimaging ELFA events to provide fresh experiences, new learning opportunities, and even greater value for every attendee.
- Announcing our formal affiliation with the Certified Lease and Finance Professionals (CLFP) Foundation to expand training and strengthen the CLFP designation.

Each of these achievements reflects the power of our community. Your engagement as members, your ideas, and your participation drive ELFA forward. Every success we celebrate as an association begins with you.
Looking ahead, we are embarking on one of the most ambitious agendas in our history. From advocacy and research to networking and education, we are working to ensure ELFA remains the essential resource and voice for the equipment finance industry.
Thank you for being a part of this community and for the leadership you show every day in advancing our industry. I am excited for all we will accomplish together in 2026.
