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ELFA, ELFF launch AI tool

Gives members access to industry data and improves through user feedback

Equipment Finance News, AI AssistedbyEquipment Finance News, AI Assisted
February 24, 2025
in Lender Operations
Reading Time: 1 min read
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The Equipment Leasing and Finance Association and the Equipment Leasing and Finance Foundation have launched an AI tool designed to provide members with seamless access to industry resources, data and insights.

The tool, called ELFie, delivers instant access to key industry data and insights, allowing members to navigate and anticipate complex trends, according to a release today. Powered by a large-language model, the ELFie continuously improves its responses through user feedback, ensuring accuracy and relevance.

“By streamlining access to critical industry insights, this member-exclusive benefit empowers equipment leasing and finance professionals to find the information they need quickly and efficiently, helping them maintain a competitive edge in a rapidly evolving market,” Equipment Leasing and Finance Association (ELFA) President and CEO Leigh Lytle stated in the release.

The tool also presents networking opportunities for ELFA and Equipment Leasing and Finance Foundation members, the release states.

The third annual Equipment Finance Connect at the JW Marriott Nashville on May 14-15, 2025, is the only event for both equipment dealers and finance providers. Learn more and register here.

Tags: artificial intelligenceELFAELFFequipment financetechnology
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