Bank Business Council Steering Committee recognized at ELFA Annual Convention
ORLANDO, FL, October 10, 2022– The Equipment Leasing and Finance Association (ELFA) has announced that the winner of its Advocacy Champions Award for 2022 is the Bank Business Council Steering Committee. The award recognizes the Business Council Steering Committee (BCSC) that is most engaged with ELFA advocacy initiatives throughout the year. The Bank BCSC Chair, Sean Svoboda, accepted the Advocacy Champions cup on behalf of the committee today at the general session during the 61st ELFA Annual Convention in Orlando, FL.
ELFA’s Federal Advocacy team created the Advocacy Champions Award to encourage member participation in the association’s advocacy programming. The award is a competition among the association’s five BCSCs, which represent the various segments of membership: Bank, Captive and Vendor Finance, Independent, Service Providers and Small Ticket. ELFA members earn points for their respective Business Council when they participate in the association’s annual Capitol Connections event, when their company hosts an in-district visit with a member of Congress, and when they reach their prior authorization goal for LeasePAC, ELFA’s political action committee.
The Bank BCSC was recognized for having the highest level of participation in 2022. They had more than 40 members participate in Capitol Connections, where they met virtually with elected officials and brought important industry issues to the forefront. In addition, the committee reached its prior authorization goal for LeasePAC.
“Advocacy is a pillar of ELFA’s mission to support our industry, and we are excited to celebrate and highlight members’ contributions to our advocacy program,” said ELFA President and CEO Ralph Petta. “The Bank BCSC’s award-winning participation for a third year is a testament to their commitment to educating policymakers about the importance of the equipment finance industry and the role it plays in the U.S. economy. We are excited to see this program grow as members continue to engage in advocacy activities with policymakers.”
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the nearly $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. ELFA has been equipping business for success for more than 60 years. For more information, please visit www.elfaonline.org.
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