The National Association of Equipment Leasing Brokers is the second largest leasing association with 460 members at July 1, 2002. 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".

 

The aim of this organization 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 dues is "listserve."

 

Former President Mike Meacher was featured in "Meet the Leasing News Maker". He stated at the time there were 460 members, 100 of them classified as "funders."  Gerry Egan, president this year, has announced the current membership is 460 as of July 1, 2002.

 

NAELB Membership 6/30/02

Broker Members      404

Funder Members      40

Associate Members      16

Total Membership      460

 

 

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.

 

In addition to the main office, NAELB also has a "Help Desk"

 

Dee DiBenedictis, who currently sits on the NAELB board , is available to members by telephone Dee DiBenedictis has over 15 years experience in the industry working for funding sources such as Denrich Leasing and Unicyn Funding Group, in capacities ranging from credit and documentation through collections and marketing.

 

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.

 

The Help Desk should be called only for questions and issues that need to be addressed to a peer in the industry. A special phone number for the Help Desk has been established. The phone will be answered on Tuesdays and Thursdays from noon to 4:00 pm. Voice mail messages can be left at anytime.