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Message from the Executive Director
 Answers. They are what we all really want. The Foundation, while it does not have a crystal ball, works continuously throughout the year to help bring equipment leasing and finance companies a little closer to answers on a myiad of topics - from identifying new markets and niches to how broadly or aggressively they might grow. This fall we expect one very important answer to be revealed through a new first-ever study that will help the industry better determine the size, depth and breadth of the equipment finance market. This US Equipment Finance Market Study is just one example of how the Foundation fulfills its mission of producing the most forward-looking data and research for the industry. To learn more about the Foundation's value proposition, visit our site.
Or better still, when you get a call from the Foundation's development committee - who are actively engaged in the next leg of our fundraising campaign - feel free to ask the hard questions. We also would love to know what you'd like the Foundation to tackle next. And, remember, your donations are lifeblood of the Foundation!
Lisa A. Levine, CAE
Executive Director
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| New Outsourcing White Paper Reveals Myths And Misconceptions
Outsourcing is not new, as most business leaders have identified the value of focusing on what they do best or even better than others, and finding others to fill in the gaps. While financial service industries have been accused in the past of lagging behind other industries when it comes to Business Process Outsourcing (BPO), others have defended these industries saying financial services have actually been an early adopter of BPO to drive down costs and streamline processes. For instance, BPO is used widely in servicing mortgages, analysis, transaction management, records, cash applications.
However, in the equipment leasing and finance industries, most of the early BPO development was stunted by the nuances of leasing including pricing, structuring, channel management and asset management.
Read More Here
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| The Foundation Goes to China...
 Earlier this summer, Lisa A. Levine, Executive Director for the Equipment Leasing & Finance Foundation and ELFA Vice President, Industry Services, Ralph Petta, met with the Chairman and General Secretary of the National Equipment Leasing and Used Equipment Professional Committee, one of a handful of organizations representing the leasing industry in China. Read More Here
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| Five Little-Known Facts About the Foundation
We live in a world where "the future is arriving ahead of schedule," as some have said. The Foundation, not content with waiting to see what happens, has focused its mission on developing and delivering credible, independent and relevant future-focused research and data to help industry members make strategic decisions about the future of their companies, the industry and their careers.
In order to ensure the Foundation has the funds to fulfill its mission, the Foundation development committee has officially kicked off its annual giving campaign, and you may hear from a committee member soon. We encourage you to ask Foundation supporters why they give, and consider the following little-known facts about the Foundation during your conversations.
Read More Here
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| Foundation Sees Corporate Gifts Increasing
The Foundation has always enjoyed loyal and dedicated donor support. But, as the Foundation's plan called for a greater number of research studies to be produced to fill an ever-increasing need for more thoughtful, strategic data, greater donations were naturally sought to pay for the expanded "docket." Fortunately, the donor community heard the call.
Read More Here
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| Foundation Moves! Literally...
The Equipment Leasing & Finance Foundation has moved to new offices in the heart of downtown DC. In conjunction with ELFA's move, the Foundation will have offices next door to the association. This ensures the groups continue to work together and leverage each other's strengths, helping each other fulfill their respective missions.
The Foundation's new address and phone number:
1825 K Street, NW, Suite 900
Washington, DC 20006
Main phone: (202) 238-3400
Fax: (202) 238-3401
Website: Foundation
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| Foundation Happenings
- The Foundation seeks research study ideas on an ongoing basis. Ideas should be forwarded to Executive Director Lisa Levine at LLevine@elfaonline.org. For a list of current research ideas visit our Research Grant Ideas webpage.
- The Foundation board will meet several times in 2007, including September 21st and November 14th-15th.
- The Journal of Equipment Lease Financing's Editorial Review Board is seeking topics of interest. Please forward ideas to Lisa Levine at LLevine@elfaonline.org.
- Donations to the Foundation may be made online! Visit our Donor page to make your donation today!
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| Did you Know?
European countries have taken the lead in investing in renewable energy electricity generating capital. While the EU-15 countries had less than half the installed capacity of the United States in 1990, they currently have more than double the capacity. While renewable capacity in the United States has grown by 50% between 1990 and 2004, it has grown by 750% in the EU.
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| Quick Poll
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| Last Month's Poll
Question: Do you have plans to make your operations more paperless in the next 12 months?
| Answers: |
% |
| All areas of our business will adopt more paperless practices |
38% |
| We will change under 25% of our business practices to be more paperless |
21% |
| We will change 25 - 50% of our business practices to be more paperless |
18% |
| We will change 51 - 75% of our business practices to be more paperless |
0% |
| We will change more than 75% of our business practices to be more paperless |
3% |
| We have no plan to adopt more paperless transaction practices |
21% |
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