What You Need to Know Now

 

Complete the SEFA Survey and Earn Your Free Report 

All ELFA regular members are encouraged to complete the 2023 Survey of Equipment Finance Activity questionnaire at www.elfaonline.org/sefa. Respondents receive:

• A complimentary copy of the SEFA and Small-Ticket SEFA reports (a $1,495 value), the most comprehensive source of data on the equipment finance industry. 
• A personalized MySEFA interactive tool, which lets you track your company’s operational and performance statistics and compare them against your peers. 

The SEFA is part of the ELFA Knowledge Hub, the source for business intelligence on the equipment finance industry. Questions? Contact Bill Choi at [email protected] or visit www.elfaonline.org/SEFA. 

Spotlight on Women Leaders

The ELFA Women’s Council is shining a light on women in equipment finance through a new Q&A series. In the latest Q&A, meet Jerrie Carter, Retail Credit Manager at Volvo Financial Services. In this fun interview, find out what motivates Jerrie, the best piece of career advice she’s been given, and something most people don’t know about her. Read more

Win with the ELFA Engage App  

The ELFA mobile app is offering two exciting contests:

• Q1: Test your understanding of Career Pathways - Every three weeks during Q1, ELFA will be posting one Career Pathways trivia question to the ELFA Engage app to test how well you know the association. If you participate by answering just one of the four ELFA trivia questions in the app, you will be entered to win.
• Q2: Share How You Support Your Favorite Charity - What charitable causes are you passionate about?  Post how you support your favorite charity in the ELFA Engage app. Whether you donate or volunteer your time, ELFA wants to know. One winner will be chosen at random at the end of Q2.

The prize for both contests is a $25 Amazon Prime gift card and ELFA Swag. See details at www.elfaonline.org/app. 

Hear Powerful Keynotes at the Executive Roundtable 

The ELFA 2023 Executive Roundtable will bring together CEOs and presidents of equipment finance companies to discuss the issues of the day, to strategize about the future and to create lasting business relationships. The theme is “Leadership with a Purpose” and keynote speakers will include leadership master and adventurer Matt McFayden, futurist and global consumer trends expert Sheryl Connelly, holistic leadership strategist Ginny Clarke and investment strategist Jason Turner. Register today for this exclusive event, March 26-28 at the Omni Amelia Island Resort in Amelia Island, Florida. Learn more

Membership Minute

If your company is an ELFA member, you may create a member profile on the ELFA website at www.elfaonline.org and gain access to valuable, members-only resources.  To learn more about ELFA’s members-only resources, contact Julie Benson, VP of Membership Marketing at [email protected]. 

DC to Host Principles Workshop in April 

You don’t want to miss the Principles of Equipment Leasing and Finance Workshop, April 26-28 in Washington, DC.  Year after year companies send their employees to the workshop. Why? Here’s what last year’s attendees had to say about our instructor Kevin Prykull and the workshop:

• “Kevin led the ELFA class flawlessly. He is very passionate and extremely knowledgeable about leasing and finance.” 
• “I sat in on meetings this week and recognized that I would not have been able to understand what was being discussed had I not attended the workshop last week. Thank you!” 
• “Very glad I went to this workshop. I am new in the industry, and this made me understand it more than I ever thought. Thank you!”

Sign up now while spaces are available at www.elfaonline.org/events. Questions? Contact [email protected].

What’s New at the Women’s Leadership Forum?

The theme of the 2023 ELFA Women’s Leadership Forum is “Leading with Your Whole Self.” The agenda will focus on how bridging the gap between your personal and professional selves—and bringing all you are to all you do—can make you a better leader and a more fulfilled person in every area of your life. Join us April 3-4 in Chicago for action-oriented takeaways to enhance your career. Learn more in the story, “Eyes Wide Open(ed)” in this magazine and on the ELFA website.

Legal Forum in the Works 

The Legal Committee met at ELFA headquarters in February under the leadership of Chair Scott Adams, Vice President of Legal & Compliance, North America at Volvo Financial Services. They are planning the agenda for  the annual ELFA Legal Forum, scheduled May 7-9. This will be a “hybrid” event, offered at the Marriott Sanibel Harbour Resort & Spa in Fort Myers, Florida, as well as online.  When it comes to providing you with the timeliest information on legal issues impacting the equipment leasing and finance industry, there is no better place than the ELFA Legal Forum. Register for this once-a-year event at www.elfaonline.org/events.

Next Innovation Roundtable: May 18

Register today for ELFA’s upcoming Innovation Roundtables, which will be held May 18, Aug. 10 and Nov. 16. If you’re interested in accessing cutting-edge knowledge and engaging diverse voices in the industry innovation discussion, these events are for you! You’ll have the opportunity to connect with senior leaders from ELFA’s Innovation Advisory Council in a discussion led by Deb Reuben of TomorrowZone. Learn more at www.elfaonline.org/events. 

How Can You Impact the Future of the Industry?

ELFA member participation in the political process is critical so that policymakers will hear the united voice for our industry and understand how current policy issues will affect the equipment leasing and finance industry. Plan to attend Capitol Connections on May 24 at the Hilton Washington, DC, Capitol Hill. This one-day event includes advocacy training for ELFA members, briefings on the latest public policy developments, meetings on Capitol Hill and with select federal agencies and more! Learn more at www.elfaonline.org/events. 

Everything Tax Pros Need to Know: June 22-23

The Tax Best Practices Roundtable is offered exclusively to tax practitioners of ELFA member companies. The roundtable focuses on federal and state compliance and planning issues, recent developments, and sharing of internal best practices. This year’s roundtable will be held at the offices of Huntington National Bank in Cleveland, Ohio. For more information and to register, go to www.elfaonline.org/events. 

Save the Date: Emergence2023

The Emerging Talent Advisory Council is planning a stellar agenda for Emergence2023, July 13-14 in Baltimore, MD. Emergence is a leadership program designed to empower attendees with the leadership skills necessary to excel in the equipment finance industry. Save the date and watch for details at www.elfaonline.org/events. 

Bank and Small-Ticket Sectors Saw Volume Rise

DID YOU KNOW that in addition to releasing a Monthly Leasing and Finance Index, ELFA produces a special cut of the data for banks and the small-ticket market? According to the December Small Ticket MLFI, new business volume in the small-ticket sector rose 4% in 2022 compared to 2021. And according to the December Financial Institutions MLFI, banks' new business volume was up 5% in 2022 compared to 2021. Read more

Nominate a Leader by April 1

The Equipment Finance Hall of Fame annually recognizes individuals who have made significant and lasting contributions to the industry and the association. Learn about the 2023 nomination criteria at www.elfaonline.org/hof. 

Job Seekers and Employers Meet in the ELFA Career Center

Turn to the ELFA Career Center to meet your employment goals. If you’re a job seeker, search and apply for jobs in your field and enjoy free and confidential resume posting. If you’re an employer, post and track job announcements and search our resume database. Learn more

Members Honor Black History Month

Members of the Emerging Talent Advisory Council are sharing via ELFA’s “GenerationNext” LinkedIn group what their companies are doing to honor Black History Month. Read about what U.S. Bank, First Citizens Bank, Toyota, Caterpillar Financial and other companies are doing and share your company's activities at https://www.linkedin.com/groups/8371318/.