ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

Fundamentals Online Course

Be The Boss

ELFA’s Fundamentals of Equipment Leasing and Finance Online Course!

Welcome to the Fundamentals of Equipment Leasing and Finance course - the only one of its kind for the $1 trillion equipment finance industry.

For more than 15 years, the Fundamentals online course has played a pivotal role in empowering countless equipment finance professionals with the essential skills and knowledge to thrive in their careers. And because ELFA is dedicated to providing the most current information, the course has been updated and enhanced!

Below are some key highlights of this revamped training tool:

  • Incorporation of the latest insights from the Equipment Leasing & Finance Foundation's U.S. Economic Outlook report
  • A comprehensive primer on lease accounting standard ASC 842, shedding light on how equipment finance remains a winning solution for clients.
  • Introduction of animated scenarios to illustrate complex concepts through real-world examples.
  • All culminating with the ever-popular BE THE BOSS game, a dynamic experience where learners test their knowledge by stepping into the shoes of an equipment finance company owner.
  • Plus - navigating the course has never been more straightforward, including valuable FAQs, homework assignments and comprehensive Glossary.

This course is divided in to 7 micro-lessons (8-10 minutes each), allowing learners to review the vital information every person new to the industry should know. Badges are earned for completing each micro lesson.

  • Lesson 1 – Introduction to Equipment Leasing and Finance
  • Lesson 2 – Origination Phase of the Transaction Lifecycle
  • Lesson 3 – Administration and Termination Phases
  • Lesson 4 – Leasing Law
  • Lesson 5 – Lease Accounting and Federal Tax
  • Lesson 6 – Types of Finance
  • Lesson 7 – Making a Profit

Who Should Take the Course?

This course is designed for those who are new to the equipment finance industry, or as a refresher for those with more experience.



ELFA Members - $500/license
Non-Members - $850/license


Bulk pricing is available for purchases of 11 or more licenses. 

Log in to the Training Portal to purchase.


Contact Alexa Carnibella at acarnibella@elfaonline.org for more information.