Message From the President

Many changes are afoot at the Foundation from the Board of Trustees discussing new ways to deliver on our mission to accepting nominees to join the board. As our fundraising campaign continues through 2010, we would like to hear from you both in the way of donations as well as in the form of comments and suggestions about how we may better serve your research needs. In the meantime, check out our new studies available, such as the Infrastructure study, new ways to participate from downloading web seminars, and how to submit online reviews of our research products. We look forward to hearing from you!
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Monthly Confidence Index Shows Continued Optimism The Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI) for the Equipment Finance Industry (MCI-EFI) shows that the industry is growing more optimistic each month. Overall, confidence in the equipment finance market is 67.4, a steady increase for the last three months and up from April 2010 index of 65.4.
When asked about the outlook for the future, survey respondent James Ambrose of GE Healthcare Finance said, “I am still cautious about the year overall, but am pleasantly surprised with how the first half of 2010 is shaping up from a new business activity standpoint.”
Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by the key executives from the equipment finance industry.
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Foundation Board Wants to Hear From You The Foundation Board of Trustees recently began re-evaluating and renewing our focus on the organization’s vision, mission and purpose. To further the Board's ongoing discussion, the Board agreed to delve deeper into donor engagement and expand audiences. Soon, the Foundation will be surveying its contributors to better understand their draw to the Foundation’s work, what they are seeking, how they wish to be involved, and ideas for future engagement.
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Web Seminars Now Available for Download, On CD
Two recent, popular Foundation webinars are now available for purchase, via download or CD-ROM.
The web seminars, Credit Scoring for the New Economy and Captive Finance in Challenging Times, combined findings from recent Foundation studies and input from panelists who shared their insights about the topics at hand.
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Editorial Review Board Determines Journal Line-Up
The Journal of Equipment Lease Financing (the Journal) is the industry’s premiere publication that delves deeply into leading research across all the major topics of equipment finance. As the most widely used and cited journal on equipment finance today, each issue of the Journal reaches more than 10,000 industry participants, academics, finance professionals, libraries, government and financial institutions around the country.
The editorial board met recently and determined a number of topics to be included in future issues.
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Have you Written a Review of Foundation Products Yet? A new feature on the Foundation library now allows visitors to post reviews of Foundation studies. Anyone who has received a Foundation research study or report is encouraged to post an online review to help other interested parties in making a download decision. At the bottom of each web page about a Foundation product, you will see a button that reads “Review this product.” Click on it and a form will appear in which you may leave a comment.
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Study on Infrastructure Spending Opportunities Available Soon
A new study from the Foundation, produced by IHS Global Insight, Infrastructure Construction and Equipment Finance Opportunities will be available for download soon.
Focusing on the potential demand for capital from infrastructure construction, this new study shows equipment leasing and finance companies where the likely opportunities will exist in this emerging market. The construction industry still struggling with the housing market collapse and lingering economic downturn, infrastructure construction could present new, real growth opportunities.
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Call for Nominees: Foundation Board of Trustees Have you ever considered joining the Foundation’s leadership? Or know someone who would be a good contributor to help fulfill the Foundation’s vision, mission and goals? The Foundation nominating committee currently is taking nominee suggestions for the Board of Trustees.
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Foundation Campaign Raises 45% of Goal to Date Foundation fundraising campaign letters were distributed this spring, and the contributions are beginning to roll in. The Foundation seeks to raise $450,000, and has received 45 percent to date of the goal to date.
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Foundation Events
- Have an idea/topic you’d like to make into a Journal article? The Foundation always welcomes new ideas for the Journal of Equipment Lease Financing articles. For more information, please visit our (I think they should go to the Journal site) “Work With Us” page at the Foundation website at http://www.leasefoundation.org/Work/.
- The Foundation seeks research study ideas on an ongoing basis. Ideas should be forwarded to Lisa Levine at LLevine@elfaonline.org The Foundation Research Committee meets monthly.
- Contributions to the Foundation may be made online! Visit www.leasefoundation.org/Donate/ to make your contribution today.
- The Foundation Board will meet on September 10th, and November 16th-17th.
- The Journal Editorial Review Board will meet on August 5th and November 4th this year.
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Quick Poll Question - How concerned are you that there will be increased regulation in the equipment leasing and finance industry in the next 24 months?
- Very concerned. I believe it will be inevitable
- Somewhat concerned. The tide could go either way.
- Not at all concerned. Ultimately, I don't believe much will happen or it won't be as bad as some predict.
- Other
To vote please click here
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Last Month's Poll
Question - The first change our company likely will make when the economy shows real progress:
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Response
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%
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Boost Sales and Marketing Efforts
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16%
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Upgrade IT Systems
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5%
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Increase Employee Head Count, Overall
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21%
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Increase Use of Outsourcing Suppliers
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5%
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Revamp Business Processes, From Credit to Equipment Management
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21%
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Seek Better Funding Terms
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21%
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Spend Money and/or Time on Employee Training
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11%
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Nothin Different - We are Doing Everything We Can Now
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0%
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I Don't Know - Only Time Will Tell
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0%
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All of the Above
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0%
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Did You Know?
The largest concentration of physicians is not in acute care hospitals, but in medical practices. Independent physicians operating in solo or group practices provide much of the human capital of healthcare.
Source: Healthcare Information Technology: Equipment Financing Opportunities written by Cindy Collier for the Equipment Leasing and Finance Foundation
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