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


Equipment Leasing & Finance
From the President & CEO

Making a Difference

May-June 2022

When we talk about the equipment finance industry, certain adjectives come to mind: Innovative. Entrepreneurial. Customer-Focused. Resilient. In this special issue of Equipment Leasing & Finance magazine, we focus on another industry trait: Philanthropic. 

Our cover story, “Equipment Finance Gives Back,” looks at how member companies are having a positive impact in their local communities through a wide range of charitable activities. While the activities are as varied as our membership, they share one thing in common: they are bringing teams together in support of worthwhile causes. Especially in light of the challenges of the past two years, I think you’ll find the stories compelling.

This spirit of giving extends to the ELFA Annual Convention. In Celebrating a Decade of Community Service,” we look back on 10 years of convention community service projects. Thanks to the generosity of member sponsors and hard-working volunteers, your association has donated almost a quarter of a million dollars through these events. We look forward to continuing this tradition at the 61st ELFA Annual Convention, Oct. 9-11 at Marco Island, FL. Stay tuned for details—we’ll let you know when registration opens. In the meantime, we welcome your session proposals by June 10.

In a special Executive Perspective column, “Honoring a Life and a Legacy,” member Brad Peterson shares a personal story of philanthropy. He writes about Jake’s Foundation, which he created in honor of his son Jake, who passed away last fall. Brad’s passion for the cause is infectious, and it is resonating with the ELFA community. “We have been overwhelmed by the outpouring of support and care from so many in our equipment finance industry,” says Brad.

At ELFA headquarters in D.C., we are proud to be part of an industry and an association community that values volunteerism and giving back. This year we are launching a Volunteer Time Off program where staffers will receive one day off per year to work in the local community. The program was inspired by staff member Paul Stilp, who recently retired after 18 years of service to the association. Read more in ELFA Launches Stilp Days.” We wish Paul the best in his retirement, and we welcome Jeff Quigley, our new VP of Finance & Administration.

Event Highlights

Also in this issue, we are celebrating the return of in-person association events. 
  • View scenes from the record turnout at our April Chicago gatherings.
  • Find out what’s happening in the credit and collections sector in “Cutting Through the Fog” and make plans to attend the Credit & Collections Conference, June 6-8 in San Antonio. 
  • As the next generation prepares to lead, discover resources in “Tools for the Climb” and at Emergence2022 on July 14 in Superior, Colorado, the only leadership program designed specifically for emerging talent by emerging talent in our industry
See the full lineup at www.elfaonline.org/events. And, speaking of giving back, don't miss the Foundation’s 5th Annual Day of Giving on June 7. Thank you as always for your support and participation.