ELFA/IMN Investors’ Conference: Equipment ABS Market ‘Strong at All Levels’
Although the 17th Annual Equipment Leasing and Finance Association (ELFA) and Information Management Network (IMN) Investors’ Conference on Equipment Finance was scheduled for the first day of spring, it certainly felt like winter in New York City on March 22. With the threat of a Nor’easter looming, the Union League was buzzing as attendees kept an eye on hourly forecasts and, in some cases, adjusted their travel plans.
Technology & the Equipment Finance Sector
In a technology-focused panel, moderator Stephen Whelan, partner at Blank Rome, discussed three key points concerning blockchain technology in equipment finance: 1) it will not remove the applicability of trustees and collateral agents, 2) it is ideal for parties that know each other, like the close-knit equipment finance industry and 3) it can make electronic chattel paper more user-friendly.
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"ELFA/IMN Investors’ Conference: Equipment ABS Market ‘Strong at All Levels’," by Rita E. Garwood was published in the May/June edition of Monitor Daily.