Across industries, there is a growing expectation to conduct business digitally, and equipment lease and finance is no exception. Leaders in this space are turning to eLeasing and digital lending technology to not only improve the borrower and broker experience, but also to accelerate access to funding for warehouse lenders and expedite delivery to secondary markets. As we have mentioned before, some of the benefits of a digital lending transformation versus a traditional lending process include:
- eLeasing shortens the cost and time of the revenue cycle and enables verifiable legal compliance
- eLeases are accepted in secondary markets, both for securitization and as debt collateral
- Implementation of eLeases can be accomplished with less effort and at a lower cost
Evolve, Emerge, and Excel at ELFA’s 57th Annual Convention
In just ten short days, the eOriginal team will be in Phoenix for the Equipment Leasing and Finance Association’s 57th Annual Convention. If you’re in the industry, you know that ELFA Annual is the must-attend event of the year to connect with industry leaders and learn about innovative ideas, processes, and technologies.
For more than eight years we have been a member of ELFA, which advocates for its member companies in the industry and is a great resource for equipment leasing information and industry development. Attending this event will allow you to invest in the continued success of your business by learning and gathering with the top industry leaders.
Additionally, if you are attending this year’s ELFA Annual, we strongly encourage you to schedule a meeting with an eOriginal representative to learn how to digitally transform your processes and embrace the benefits of eLeasing. Our team of experts would love to chat about how we can help your organization join the digital financial ecosystem! To schedule a meeting, click here.