Since being issued in March 2023, Section 1071 of the Dodd-Frank Act has prompted a lot of discussion about its implications for institutions serving the equipment finance industry. In this Trail Mix installment, we’ll provide a quick overview of what you need to know about Section 1071.

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At the Annual ELFA Convention in San Antonio last month Scott Nelson moderated a panel on how millennials will shape the market over the next 30 years and how equipment finance businesses should be preparing for change. The panel was kicked off by an interview with well-known demographer, Kenneth Gronbach, and featured panelists: Zach Kimball, Jena Morgan, and Shea Huston.

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