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News From the 2015 ELFA Legal Forum

Earlier this month, LEAN hosted a cocktail reception at the 2015 ELFA Legal Forum in Nashville. The reception was well-attended, with over 80 industry professionals joining us for an hour or so.

The atmosphere was fun and discussions were positive about the prospects for our business in 2015. By the numbers, the ELFA MLFI-25 companies showed new equipment financing business up significantly on year-to-year basis from last March, with credit approvals and headcount also both ticking up.

The growth numbers are outpacing the early 1st quarter expectations of modest growth in our business.

Just the fact that overall attendance at the Forum was up significantly from last year points to the fact that travel budgets are freeing up too – another positive indicator!

To net it out, most of the conversations we had were bullish in nature regarding the coming months – capital is freeing up, money is flowing into deals again.

We hope you share our optimism – let’s keep it rolling!