Equipment Leasing Association (ELA)

The Equipment Leasing Association (ELA) was a trade organization representing companies involved in leasing equipment to businesses. Its role was to promote best practices, provide industry standards, and advocate on behalf of leasing companies to ensure the efficient and responsible financing of equipment across various industries. The ELA helped facilitate relationships between lessors (leasing companies) and lessees (businesses purchasing or renting equipment), supporting growth, compliance, and innovation within the equipment leasing sector. Over time, the organization evolved or merged with other industry groups to continue advancing the leasing industry's interests.