Ralph Petta

Ralph Petta is the president and chief executive officer of the Equipment Leasing and Finance Association (ELFA), 1825 K Street NW #900, Washington, DC 20006, 202-238-3400, www.elfaonline.org. ELFA is the trade association that represents companies in the $1 trillion equipment finance sector that includes financial services companies and manufacturers engaged in financing capital goods.

Articles by Ralph Petta

The Silver Lining of Lease Accounting: What to Know About the New Standard

Leasing and finance are the most common payment method used by businesses to acquire equipment and software. Here are some newly enacted benefits that shops will realize through new changes in accounting and tax laws.

Benefits of Financing Remain with Lease Accounting Changes

The new lease accounting standard by the Financial Accounting Standards Board will not impact shops wanting to acquire advanced manufacturing equipment to grow their business. Here are some of the changes on operating leases for capital equipment that your shop should be aware of and prepare for.

Industry News

Solar Atmospheres of Western PA Obtains Pratt & Whitney Approval

This accomplishment reinforces Solar Atmospheres’ dedication to excellence and its ability to meet the evolving demands of the aerospace industry.

SigmaNEST, SigmaNEST Connected Shop, accurate quoting, efficient workflow, better visibility into your operation, profitable growth, production times, forecast delivery dates, realtime visibility, chase due dates, breakdowns, rework, absences, accounting make billing & delivery easy, integrated software, How to make more money by Connecting Your Shop, Webinar

Webinar: How to make more money by Connecting Your Shop

Are you wasting time & money with a fragmented process that you’ve outgrown? If so, join the SigmaNEST webinar on December 4 @ 11am (EST).

KERN Microtechnik, Tornos machine, SolidCAM, Kitamura Machinery, REGO-FIX, CME, Center for Machining Excellence, tooling,

REGO-FIX Celebrates Innovation with Center for Machining Excellence Grand Opening

The state-of-the-art 12,000-square-foot REGO-FIX manufacturing educational and advancement facility houses a wide range of cutting-edge technology and serves as a hub for industry innovation that is accessible to manufacturers and industry thought leaders worldwide.

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