WE OFTEN SAY that funding is the lifeblood of the equipment finance industry. In this issue of Equipment Leasing & Finance, we examine the funding environment a year-and-a-half into the COVID pandemic. We talk to industry leaders about liquidity and the availability of capital, how interest rates are affecting the cost of funds and what’s on the horizon.
As our cover story reports, amid what some pundits are calling “the pre-post-pandemic,” equipment finance companies are continuing to support their customers’ economic recovery and hunting for ways to grow—and finding opportunities in an evolving landscape.
Don’t miss the chance to discuss funding with your colleagues at the upcoming ELFA Annual Convention—see a list of funding-related breakout sessions in “Funding Catches a Wave.”
The COVID pandemic has presented a lot of “firsts” and this year for the first time you have the option to attend the Convention in-person or virtually. For those of you who will be attending in-person, the safety of our participants, community and staff are our top priority. As we take important steps to provide for the health and safety of our attendees, we ask that you review the COVID safety information, well-being protocols and policies posted on the Convention website at www.elfaonline.org/ac.
Thank you as always for your continued support and participation.
As our cover story reports, amid what some pundits are calling “the pre-post-pandemic,” equipment finance companies are continuing to support their customers’ economic recovery and hunting for ways to grow—and finding opportunities in an evolving landscape.
Don’t miss the chance to discuss funding with your colleagues at the upcoming ELFA Annual Convention—see a list of funding-related breakout sessions in “Funding Catches a Wave.”
Celebrating Innovation
For nearly two decades, ELFA’s Operations & Technology Excellence Award has led the way in recognizing the innovative use of technology in equipment finance. Today the spirit of this award is more important than ever as our industry competes in a rapidly changing world. We’ve all seen how the pandemic has sped up technology adoption and innovation! In our feature story “4 Lessons for Your Next Technology Project” the winner of this year’s award shares lessons learned to help other equipment finance companies looking to leverage technology to improve the customer experience and drive operational efficiency and growth.Preparing for the Annual Convention
We’ll be exploring these and many more industry hot topics at the ELFA Annual Convention in San Antonio, Texas on Oct. 24-26. With the convention approaching, many of you are already reviewing the attendee list, planning your networking and business meetings and consulting the agenda to decide which sessions to attend. See a preview of all the Convention activities in the special insert in this issue.The COVID pandemic has presented a lot of “firsts” and this year for the first time you have the option to attend the Convention in-person or virtually. For those of you who will be attending in-person, the safety of our participants, community and staff are our top priority. As we take important steps to provide for the health and safety of our attendees, we ask that you review the COVID safety information, well-being protocols and policies posted on the Convention website at www.elfaonline.org/ac.
Recognizing an Outstanding Volunteer
We extend congratulations to an extraordinary member who will be recognized at the ELFA Annual Convention. Tom Ware will receive the 2021 Michael J. Fleming Distinguished Service Award—see details in ELFA News. We couldn’t be an effective organization without the efforts of volunteer members like Tom.Thank you as always for your continued support and participation.
Review the COVID safety protocols for the ELFA Annual Convention at www.elfaonline.org/ac.
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2021