ELFA Equipment Leasing & Finance - March/April 2014 : Page 28

Anthony Cracchiolo U.S. Bank Equipment Finance, a division of U.S. Bank National Association What is the value of attending Capitol Connections? It’s an effective way to educate our representatives in Washington about the most pressing issues that are impacting our industry. What advice would you offer attendees to prepare? Attendees should be aware of both current and emerging industry issues and also know that their role in the process will be one of educating offi cials on the business environ-ment and issues. I would also suggest connecting with your organization’s federal government affairs staff to get updated on your company’s activity in Washington before the event. How Can You Impact the Future of Our Industry? Join ELFA members on Capitol Hill in June What advice do you have for those who question why they should attend? As part of an association and for the common good of the industry, members should see this as an important element in their business viability and, as such, they should not leave to others the handling of these important issues. I recommend that members take full advantage of the opportunity afforded by Capitol Connections. Robert Moskovitz LEAF Commercial Capital, Inc. What value do you see attendance bringing to both the industry and your company? I saw fi rsthand that not only do the ELFA members have a voice in Washington, but there is an audience to listen to that voice that values and appreciates our input. Be-cause there are continual discussions 28 MARCH/APRIL 2014 EQUIPMENT LEASING & FINANCE MAGAZINE SHUTTERSTOCK surrounding changes to tax rules and the laws governing the lending and borrowing of money, it is vitally important that industry participants do what they can to ensure that changes do not negatively impact the industry. In addition, inevitably when there are changes, having been familiar with the issues, you will be better prepared to adapt to the changes. What advice would you offer attendees to prepare? Don’t be intimated by the issues. You’ll be surprised to learn that you are a greater expert than the legislators on the issues and how they may impact your business. ELFA is a great resource in helping to identify issues potentially impacting the equipment fi nance industry. I was surprised how much legislators valued our feedback and input.

How Can You Impact the Future of Our Industry?

Richard Shanahan

Join ELFA members on Capitol Hill in June

Capitol Connections will take place June 10–11 at the Washington Court Hotel in Washington, D.C. This annual event is the opportunity for members of the equipment leasing and finance industry to meet with members of the legislative and executive branches of government to teach them about our industry and how various laws and regulations impact the success of your company and the U.S. economy. We asked four participants who attended Capitol Connections in 2013 to share their thoughts on the value of attending.

To find out more and to register, please visit www.elfaonline.org/events/2014/CHD.

Questions? Contact Richard Shanahan, Director of Government Relations, at rshanahan@elfaonline.org.

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Anthony Cracchiolo
U.S. Bank Equipment Finance, a division of U.S. Bank National Association

What is the value of attending Capitol Connections?

It’s an effective way to educate our representatives in Washington about the most pressing issues that are impacting our industry.

What advice would you offer attendees to prepare?

Attendees should be aware of both current and emerging industry issues and also know that their role in the process will be one of educating officials on the business environment and issues. I would also suggest connecting with your organization’s federal government affairs staff to get updated on your company’s activity in Washington before the event.

What advice do you have for those who question why they should attend?

As part of an association and for the common good of the industry, members should see this as an important element in their business viability and, as such, they should not leave to others the handling of these important issues. I recommend that members take full advantage of the opportunity afforded by Capitol Connections.

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Robert Moskovitz
LEAF Commercial Capital, Inc.

What value do you see attendance bringing to both the industry and your company?

I saw firsthand that not only do the ELFA members have a voice in Washington, but there is an audience to listen to that voice that values and appreciates our input. Because there are continual discussions surrounding changes to tax rules and the laws governing the lending and borrowing of money, it is vitally important that industry participants do what they can to ensure that changes do not negatively impact the industry. In addition, inevitably when there are changes, having been familiar with the issues, you will be better prepared to adapt to the changes.

What advice would you offer attendees to prepare?

Don’t be intimated by the issues. You’ll be surprised to learn that you are a greater expert than the legislators on the issues and how they may impact your business. ELFA is a great resource in helping to identify issues potentially impacting the equipment finance industry. I was surprised how much legislators valued our feedback and input.

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Brett Boehm
TBF Financial

What is the value of attending Capitol Connections?

Exposure! Capitol Connections is a major networking event, but on a different platform. You are sitting with senators and representatives whose undivided ear you have for 15-20 minutes. They are interested in learning about our industry and our businesses. This is unprecedented access that you would not find anywhere else.

What advice would you offer attendees to prepare?

First, I would review all information provided prior to attendance and complete some additional research to get comfortable with the issues. Second, as a first-time attendee, I would listen. Listen to the people on the Hill you are meeting and ELFA members who are in on the meeting. Third, ask questions, which can lead to lively discussions along with providing insight as how to get through to the politician before you.

What advice do you have for those who question why they should attend?

As a member of ELFA, it is our responsibility to help keep politicians educated about the equipment leasing and finance industry. This is the major opportunity each year that ELFA members have to storm the Hill and make an impact. Who would not want to be part of that?





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Tom Rutherford
TIP Capital

What is the value of attending Capitol Connections?

As active members of ELFA, we are the “lobbyists” charged with helping our legislators understand the value lease financing provides to corporate America. There will always be proposed legislation that, while well intended, may have unintended consequences (Dodd-Frank). Our ability to counsel our legislators as to that impact can help prepare them to influence the right outcome. In addition, sharing examples of how our companies directly support the financial objectives and related success (jobs) for companies in our legislator’s home state is always well received.

What advice do you have for those who question why they should attend?

It’s the ideal event. In addition to truly making a difference in helping promote and sustain the growth of leasing and financing activities into the future, this is a great opportunity to network and collaborate with friends and peers for the greater good.


Read the full article at http://www.mydigitalpublication.com/article/How+Can+You+Impact+the+Future+of+Our+Industry%3F/1665007/200566/article.html.

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