Business Council Steering Committees (BCSCs)

Call for Nominees: Business Council Steering Committees

Nominees are being accepted through July 27 for ELFA’s 2021 Business Council Steering Committees. Any employee of a member company that conducts business in one of the five market sectors represented by Business Councils is eligible for nomination to a steering committee. Learn about the member requirements or go to the Nomination Form to add your name to the list of candidates. For more information, contact Ed Rosen at erosen@elfaonline.org or 202.238.3428.

Business Councils, representative of the various segments of membership, were first established in 1996 with goals that have changed as both the equipment leasing and finance business and the economic environment have changed. The Councils are intended to establish a clean line of communications and decision-making among the ELFA governance, the members, and the professional staff.

Each Business Council is headed by a Steering Committee elected by the members of each Business Council to manage and direct the work of the Business Council. Steering Committee analyzes the needs of companies in this segment and recommends to the Board how to meet those needs.

Business Council Steering Committee members are elected by the Business Council membership for a term of two years on a staggered basis. Members may serve no more than two consecutive terms. Each Business Council Steering Committee elects a chair for a one-year term, which is renewable. The chair may be selected only after serving at least one year on the Steering Committee.

The five Business Councils help describe the market focus of each ELFA member company. All ELFA members self-select one or more of these Business Councils as their company designation:

Expand all

Captive and Vendor Finance 〉

Financial services organizations providing sales-assisted financing, vendor- and manufacturer-support activities, either on a third-party or captive basis. Associated Company Types: Captives, Independents (third-party vendor finance).

Staff Liaison: Bill Choi (bchoi@elfaonline.org)
Bank 〉

Bank-owned or bank-related organizations that utilize internal funding; may encompass bank departments, divisions or affiliates; or is a division or subsidiary of a bank holding company.

Staff Liaison: Julie Benson (jbenson@elfaonline.org)
Independent 〉

Non-bank-owned organizations that provide financing through lines of credit, discounting relationships or other funding vehicles.

Staff Liaison: Amy Vogt (avogt@elfaonline.org)
Service Providers 〉

Organizations and firms providing a variety of related services to the members of the other four Business Councils. Associated Company Types: Accounting, Collections, Law, Consulting, Software, Equipment Management, University/Government, Executive Recruiters, Insurance, Nonprofits/Associations, Publishers.

Staff Liaison: Chelsea Neil (cneil@elfaonline.org)
Small Ticket 〉

Financial services organizations primarily involved in transactions under $250,000, either individually or through lines. Associated Company Types: Banks, Independents (third-party vendor finance), Captives, Multi-Line Commercial Finance.

Staff Liaison: Ed Rosen (erosen@elfaonline.org)

Equipment Leasing and Finance Association - Equipping Business for Success

About