Why Join ELFA?

ELFA Membership puts you ahead of the competition and helps you operate your business profitably. The benefits for community banks include:

• Saving 50% or more on regular membership dues. Pay only $1,500 for your 2024 membership. This is a limited-time offer.
• Cultivating new relationships with fellow bankers and equipment leasing and finance companies.
• Participating in business development and networking events at discounted rates. View ELFA's Events.
• Learning how the industry works and how it can benefit your bank through in-person and online education.
• Enjoying free access to ELFA Information Central, our help desk for business and industry information, market research and statistics.
• Receiving free publications such as Equipment Leasing & Finance, the only magazine designed specifically for the equipment finance executive.
• Participating in and receiving free copies of industry surveys like the Survey of Equipment Finance Activity, the most important source of statistical information available on the industry.
• Accessing the ELFA online Member Directory

Why Offer Equipment Leasing and Financing?

According to the report "Community Banks and Equipment Finance: What It Takes To Be a Success" from the Equipment Leasing & Finance Foundation, equipment leasing and financing products enhance a community bank's value and its ability to engage small and medium size businesses. The benefits of leasing and financing include:

• Prospecting and developing new business clients.
• Strengthening business relationships and community involvement.
• Diversifying your portfolio and expanding into new markets.
• Maintaining a consistent, low-risk, profitable revenue stream.
• Taking advantage of stable earning assets with low delinquency rates and a low-cost method of loan origination.

Meeting your customers' leasing needs with the knowledge and expertise from ELFA will help to ensure they won't go elsewhere for financing.