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Friday, December 3, 2004 This week is a holiday edition version. There will be limited news reporting. Each day we will salute a professional non-profit equipment leasing
The National Association of Equipment Leasing Brokers is the second largest leasing association with approximately 700 members, although not verified. 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". Dues are also the most inexpensive at $295 for a broker, $750 for a funder, and $600 for an associate, such as a software provider or attorney. Conferences are also very inexpensive and usually very well attended. Brokers enjoy many benefits. Brokers are the only one who have a vote in the organization and may serve on the board of directors. Funders basically join to meet brokers. The association attracts new brokers, and many also have a low volume. The organization appears angry with Leasing News for what we have written about the orgnanization being so one sided toward brokers, particularly regarding "advance rentals," listserve, and other issues of broker ethics
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