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Equipment Lease and Loan Finance Software Platform

Industry News

Three Top 2023 Performers Poised for Continued Success Through 2025

Equipment Finance Industry Trajectory 2024-2025: ELFA Executive Roundtable Observations. The Annual ELFA Executive Round Table held March 3-5 in Orlando, Florida was a forum that yielded valuable insights into the Equipment Finance Industry’s trajectory for 2024-2025. After engaging in roundtable dialogues and expert speaker sessions, several notable themes emerged that have implications for the marketplace both short and long term.

Digital Transformation For Equipment Finance Matters

What is Digital Transformation and why does it matter? Digital transformation is the customer-centric reimagination of the future of digital technology into all areas of business. The transformation has brought many benefits to the equipment finance industry and has created a shift in the prevailing thinking and culture regarding adopting technology.

In the new reality of the post- COVID-19 economy, digital transformation has gone from a priority to absolutely critical for companies. Prior to COVID-19, companies took time with a slow and steady approach. However, the lessons learned by the disruption caused by the pandemic, has replaced the slow approach with need to accelerate digital transformation. It is now an imperative that companies begin driving a digital culture into their organization.