Discover key takeaways from ELFA Capitol Connections, including equipment finance’s $1.34 trillion economic impact, tax policy priorities, Section 1071, and advocacy efforts shaping business investment and growth.
Explore key insights from the CFLA Technology Conference, including AI integration, API connectivity, fraud prevention, KYC/KYB compliance, and the technology trends shaping the future of equipment finance.
Randy Haug of LTi Technology Solutions shares insights from NEFA 2025 on leadership, AI, and innovation driving resilience and transformation in equipment finance.
Get a first-time attendee’s insights from the 2025 ELFA Funding Conference! Discover key trends in capital markets, the rising demand for flexibility, and how LTi Technology Solutions is helping clients build stronger funding partnerships through automation, trust, and technology.
Get a first-time attendee’s insights from the 2025 ELFA Funding Conference! Discover key trends in capital markets, the rising demand for flexibility, and how LTi Technology Solutions is helping clients build stronger funding partnerships through automation, trust, and technology.
Get a first-time attendee’s insights from the 2025 ELFA Funding Conference! Discover key trends in capital markets, the rising demand for flexibility, and how LTi Technology Solutions is helping clients build stronger funding partnerships through automation, trust, and technology.
Discover how the UK’s focus on sustainability is driving demand for green assets in the asset finance industry. Learn about key trends, ESG reporting, and how the push for sustainability is reshaping the UK asset finance sector. As companies strive to meet net-zero targets and enhance ESG scores, the demand for financing sustainable technologies has surged. Service providers can capitalize on this trend by offering tailored financing solutions and leveraging platforms like LTi Technology Solutions’ ASPIRE to streamline lifecycle management and regulatory compliance. Discover how embracing green asset finance positions your business for long-term growth and environmental impact.
The Canadian Finance & Leasing Association (CFLA) 2024 Annual Conference, held in Newfoundland, brought the industry together to explore new opportunities. Keynote speaker Tareq Hadhad’s inspiring message of resilience and adaptability resonated deeply with attendees, aligning with LTi’s focus on a people-first approach. Sessions on AI integration, AML compliance, and women leaders in finance offered actionable insights for navigating the evolving equipment finance landscape. The conference reinforced that by embracing innovation and fostering diversity, the future of equipment finance is brighter than ever.
The 2024 ELFA Operations and Technology Conference & Exhibition, held in Nashville, delivered invaluable insights for professionals looking to drive innovation and enhance operational efficiency. Industry innovators, like ELFA Award winner Channel, shared breakthrough strategies such as lean methodology tools to optimize team feedback. Economic outlooks were simplified by Jason Turner, while Michael Rogers, “The Practical Futurist,” encouraged embracing existing technologies for future gains. Attendees explored navigating uncertainty through collaboration and stressed the importance of face-to-face interactions in today’s remote-first world. Discover how these insights can elevate your business.
An Executive Summary of the transformative potential of the SMALL LENDER Act. The SMALL LENDER Act is a game changer for the equipment finance and asset leasing industry. The Act would provide relief to small businesses and lenders from the CFPB’s final rules under Section 1071 of Dodd-Frank. In addition to offering an understanding of the Act, the blog covers how it enhances accessibility and inclusion, drives innovation in the equipment finance and asset leasing industry, strengthens the market ecosystem, and helps foster economic growth and stability….
Key Executive insights from the President/CEO of LTI Technology Solutions, Jeff Van Slyke of the 2024 Capitol Connections Convention held in Washington DC on May 22nd, 2024. The blog summarizes the ELFA organized event, Capitol Connections Convention. Held on Capitol Hill, top leaders from across the equipment finance and asset leasing industry met with policymakers regarding the impact of the proposed changes to Section 1071 of the Dodd-Frank Act and its impact on the industry. Discussions focused on three critical areas:
#1. The Challenges of Section 1071 of the Dodd-Frank Act, specifically regarding extensive data collection requirements to the credit application process.
#2. CFPB’s $5 Million Threshold which effectively turns Section 1071 into a broad catch-all repository for nearly all commercial loans across the US, deviating from the original intent of the legislation.
#3. Advocacy for the SMALL LENDER Act. Collectively, ELFA members urged COngress to co-sponsor the SMALL LENDER Act which aims to provide relief from the CFPB’s final rules under Section 1071 of the Dodd Frank in 3 critical ways: extend the compliance period to three years with an additional two year grace period as opposed to the current 18-month implementation period; redefines the definition of small business to those with gross annual revenues of $1 million or less, instead of the existing $5 million; and adjusts the financial institution criteria to those financial institutions originating at least 500 covered transactions annually, rather than the current 100.
The March 2024 issue of the Canadian Commercial Credit Trends Report published by Equifax reveals a mixed picture for the Canadian business credit market. This blog highlights LTi’s SVP/Chief Product Officer Jen Martin’s key observations on the report highlighting opportunities and challenges navigating this market.
While the challenges in certain sectors of our marketspace loomed large, this year’s conference exuded a sense of optimism and determination. Many participants leveraged the platform to capitalize on new opportunities or cultivate relationships to navigate the turbulent waters we face. Despite the headwinds encountered in Q1, the prevailing sentiment was one of unwavering positivity and resilience. It was a poignant reminder of our collective strength and adaptability in the face of adversity.