ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

March Principles of Equipment Leasing and Finance Workshop

March 19 - March 21, 2025
ELFA Headquarters, Washington, DC

March Principles of Equipment Leasing and Finance Workshop

March 19 - March 21, 2025
ELFA Headquarters, Washington, DC

March Principles of Equipment Leasing and Finance Workshop

March 19 - March 21, 2025

ELFA Headquarters, Washington, DC



The Cornerstone of an Equipment Leasing and Finance Career

Principles is designed to teach the fundamentals of personal property commercial equipment leasing and finance for entry-level personnel and/or individuals with business experience who have not had a complete overview of the leasing and finance business. Subjects address the "why" as much as the "how" to provide the participant with a strong foundation on how the leasing and finance business works and where their individual responsibilities fit in to the workflow.

Who Should Attend?

  • Newly-hired staff, generally
  • Operations and administration staff
  • Newly-hired sales staff
  • Marketing personnel
  • Vendors/Vendor sales staff
  • New ELFA members

After completing the workshop, participants will be able to:

  • Define industry terminology
  • Identify the tax, legal and accounting rules and regulations
  • List the types of leases and loans, including structure and pricing
  • Utilize a financial calculator to learn how pricing reflects the structure of a lease/financing
  • Explain the current accounting requirements and discuss upcoming changes to the lease accounting rules
  • Describe the benefits of equipment finance
  • Identify the types of lease structures and how they fit the lessee needs
  • Identify the types of equipment lease and finance institutions and how their requirements vary
  • Describe the different types of legal entities and identify the required legal forms to complete a transaction
  • Recognize and discuss fraud prevention and detections measures
  • Identify the purpose, paperwork and people involved in each step of the lifecycle

Attire

Business casual attire is appropriate for this workshop.

CPE Information

19 CPE credits will be earned for attending this workshop. NASBA fields of study: Finance (13), Accounting (1.5), Business Law (1.5), Taxes (1.5), Specialized Knowledge (1.5). Program Level: Basic, no prerequisite education or experience required. Delivery Method: Group live event.

ELFA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through the website: www.learningmarket.org.


Registration Fees

Price Description Amount
Additional Attendee $1000.00
Attendee (1st Person) $1380.00
Attendee - Non Member $2500.00

View cancellation and other policies

Workshop Schedule


Wednesday-Thursday

8:30am-5:00pm

Friday

8:30am - 1:00pm

 

Available Functions

Speakers

Kevin Prykull CLFP

Adjunct Professor in Finance --Duquesne University


Kevin P. Prykull, CLFP
Retired SVP & Credit Underwriting Executive
PNC Equipment Finance, LLC (PNCEF)

Kevin P. Prykull is a seasoned equipment leasing and finance professional specializing in credit risk management. He has over 42 years of industry experience and worked for PNC Bank for more than 30 years until his recent retirement. At PNCEF he managed all credit underwriting, approval and portfolio functions for PNC Bank’s leasing and equipment financing subsidiaries. He was responsible for the credit and risk activities within the direct segments and specialty businesses like corporate aviation, municipal, alternative energy, structured finance, Canada, and vendor -- including the underwriting and approval of new transactions, portfolio management, and related credit administration matters. PNC’s combined leasing and equipment finance portfolio exceeds $18 billion in assets making the firm the 3rd largest bank leasing company in the country.

His prior work experience includes: an independent finance company (Senstar Capital Corporation), global lease consulting firm (Amenbal, Deane and Associates), a Fortune 500 manufacturer and captive lessor (Joy Manufacturing), and a local regional bank (Equibank). Much of his background is in risk, credit, equipment, leasing, teaching, and consulting.

Mr. Prykull holds an undergraduate degree in accounting (BSBA) from Duquesne University and a Masters in Business Administration (MBA) from Robert Morris University. Although he does not practice, Kevin has passed the Pennsylvania CPA exam.

Prykull is an active member of the Equipment Leasing and Finance Association (ELFA). Since 2008, he has served in various roles as chair, member and leader on the association’s Credit and Collections (C&C) Planning Committee and Conference. In addition, Kevin is responsible for the Credit Manager Survey whose results are presented annually at the conference. He was the recipient of the ELFA Distinguished Service Award. The award honors an individual who has made significant contributions to the association and to the equipment finance industry. Kevin is active on the ELFA’s Research Committee and is involved in the annual publication of the Summary of Equipment Finance Activity (SEFA). Kevin has been interviewed and quoted in numerous articles for the ELFA Leasing Today magazine and the Monitor.

Kevin has earned and maintains the Certified Lease and Finance Professional (CLFP) designation offered through the CLFP Foundation. Kevin is on the Executive Committee of the CLFP Board serving as the Immediate Past President. He chairs the Body of Knowledge and Recertification Committees. Further he functions as the Subject Matter Expert (SME) for all credit and risk matters. Kevin teaches at the Academy for Lease and Finance Professionals (ALFP), including the newest “virtual” ones. Kevin is an Adjunct Professor in Finance at Duquesne University. A native of the Pittsburgh, PA area, Kevin resides in Peters Township with his wife Karen. He has three grown children and three grandchildren.

Kevin P. Prykull
506 Harvest View Drive
Venetia, PA 15367

(412) 337-0250
kevin.prykull@gmail.com

www.linkedin.com/in/kevinprykull

Sponsors

Attendees are responsible for their own accommodations.
For directions and hotels, go to: https://www.elfaonline.org/about/directions-hotels

ELFA Headquarters
1625 Eye Street, NW, Suite 850
Washington, DC 20006

Get directions