Two Key Equipment Finance leaders are participating on the 2020 Business Council Steering Committees of the Equipment Leasing and Finance Association, the trade association that represents companies in the nearly $1 trillion equipment finance sector.
Captive and Vendor Finance Business Council Steering Committee
Sarah Palmer, Senior Vice President of Underwriting and Leasing Programs, was elected to the Captive and Vendor Finance Business Council Steering Committee, which represents financial services organizations that provide sales-assisted financing and vendor and manufacturer support activities, either on a third-party or captive basis.
Financial Institutions Business Council Steering Committee
Amy M. Gross, Executive Vice President of Government and Vendor, is serving her second year of a two-year term on the Financial Institutions Business Council Steering Committee, which represents bank-related organizations and other financial institutions involved in single trans actions over $5 million.
Committees play vital role for association
The Business Council Steering Committees are the association’s primary constituent bodies and are an integral part of the ELFA’s operations, providing critical input on the direction of the association and serving as a bridge between the membership and the Board of Directors and staff.
Each committee analyzes the needs of companies in the segment it represents and recommends to the Board of Directors how to meet those needs. The committee members are elected by the Business Council membership for a term of two years on a staggered basis.
Key's history in industry goes back four decades
Key Equipment Finance has been in the equipment finance business for 46 years and is the 6th largest bank-affiliated equipment leasing company in annual originations in the U.S. It provides tailored equipment lease and finance solutions for commercial clients and government entities. Its annual originations are nearly $5 billion with managed assets of approximately $13 billion.
Key helps corporate entities better employ their equipment to increase efficiencies and enhance overall profitability. Key’s specialized teams also offer deep vertical experience and financing expertise to help manufacturers, dealers and resellers close more sales, more quickly. In addition, a multitude of federal, public sector and not-for-profit organizations depend upon Key to provide governmental equipment financing and critical resources they need to make decisions with confidence.
Here's more on Key Equipment Finance's leadership team: