TEQlease Capital Recognized for 20 Years of Membership in the Equipment Leasing and Finance Association

Today the Equipment Leasing and Finance Association (ELFA) recognized TEQlease Capital for 20 years of membership in the organization. ELFA is the premiere trade association representing companies in the nearly $1 trillion equipment finance sector.

Since 2000, TEQlease Capital has specialized in providing best-in-class equipment lease financing solutions for businesses, educational institutions, and federal, state, and local governments, as well as offering equipment manufacturer and vendor finance programs across all industries. “This milestone with the ELFA is an important event for TEQlease Capital as we celebrate 20 years of service to our equipment manufacturer, vendor and end user customers.  It is also testimony to the value ELFA brings to organizations such as TEQlease Capital, and the excellent support and services ELFA provides,” said Mike Lockwood, TEQlease Capital President.

As a member of ELFA, TEQlease Capital joins forces with other leading companies in the equipment finance sector. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation across the U.S. The association’s 575 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 exists to provide member companies a platform to promote and advocate for the industry, including attracting and developing new and diverse talent; a forum for professional development and training; and a resource that develops information about, and for, the industry. ELFA President and CEO Ralph Petta congratulated TEQlease Capital on achieving 20 years of membership and thanked the company for its participation in and many contributions to the association
and industry.

“Since its founding in 1961, ELFA has united the equipment finance industry under one umbrella to learn, do business and advocate for equipment finance and its important role in the U.S. economy,” said Petta. “Over the years, member companies have evolved and innovated to meet changing customer needs. This speaks to the strength and resilience of our industry as it equips American businesses to succeed and prosper. We congratulate all the companies celebrating milestone membership anniversaries in 2021, which also happens to be ELFA’s 60 th anniversary.”

About TEQlease Capital
TEQlease Capital focuses on providing unparalleled service and on lowering acquisition finance costs, working with customers and equipment vendors through the entire equipment acquisition financing process. For more information, visit https://www.teqlease.com or call (818) 222-1006.

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