NAELB Increases Members 18%, up 74  from last year

 

Associates     17

Funders         40

Brokers          430

 

Totals 487

 

 

Gerry Egan

President

NAELB

 

President

TecSource, Inc.

5621 Departure Drive, Suite 113

Raleigh, NC 27616

 

Phone: 919-790-1266

Fax: 919-790-2262

E-Mail: mailto:GerryEgan@ForEquipmentLeasing.com

 

Internet: http://www.ForEquipmentLeasing.com

 

 

National Association of Equipment Leasing Brokers

 

Mail: 5024-R Campbell Blvd.

Baltimore Md. 21236

Phone: 800.996.2352

Fax: 877.875.4750

Email: info@naelb.org

Contact: Bill Miller, CAE or Maria Turner. They will refer any non-administrative matters or questions to NAELB Board members for follow up.

 

 This is a unique association as it is basically for new and established leasing brokers in the United States; other segments of the industry are "members", but do not have any "voting rights". Only brokers may vote for the board of directors

and change of policy in the organization.

 

The aim of NAELB is to help the leasing broker primarily.  The mission is education, standards, and "betterment" for leasing brokers. The dues are quite economical, conferences very well attended, with specialties of legal and colleague, grass roots support of a "brotherhood," if that word is acceptable today ( they have real, down to earth espirit de corps ). Directors are actually voted upon "from the floor", with actual "contests" for seats on the board of directors. Perhaps the most unique feature, worth much more than the $295 broker and $700 funder .

The conferences are also the most economical in registration, hotel room, and costs.  It is not geared toward the large corporations with expense accounts,

but entrepreneurs, people in business for themselves.  There are broker  members with more than ten employees, but the majority  have less than five full time employees.

 

Here is a breakdown of members since June 30th, 2002:

 

NAELB Membership 6/30/02       12/31/02

Broker Members     404              430

Funder Members     40                40

Associate Members     16             17

Total Membership     460            487

 

 

NAELB approaches their members as if they were part of the family. This is quite evident by the contribution since inception by the hard work and contributions of two legal experts, Barry S. Marks and Joseph Bonanno, who have worked for members at all times of the day and for no pay but to help out. Mr. Bonnano has a website of legal leasing information: http:// www.leasingissues.com and Mr. Marks has published a book on leasing, available by contacting phdleasing@hotmail.com or bsm@blik.com.

 

The NAELB board of directors has an excellent track record for keeping

expenses down, providing meaningful services, and getting other members to volunteer their time to improve the association.

 

This is a unique "billboard" via their website where members can communicate with each. It is also a semi-listserve as members can also choose to have e-mail directed to them with answers to questions or inquiries about where "to place a deal" or express experience with a funder or super broker.

 

The association also provides discounts on Airborne Express and other products

to its members.

 

Inquiries regarding general association information, such as membership info and renewals, conference and meeting schedules, etc. should be directed to the main NAELB office at 800-996- 2352 or go to the website: www.naelb.org.

 

National Association of Equipment Leasing Brokers Conference

 

  and a copy of their electronic newsletter

 

http://two.leasingnews.org/temporary/58917684.htm

Featured on 1/14/03 Leasing News

Virus Info Center
 


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