CHAIRMAN’S ADDRESS AT THE EXECUTIVE BUSINESS FORUM HELD ON 11TH FEBRUARY, 2021
WELCOME ADDRESS BY DR. OLUTOYIN OKEOWO, CHAIRMAN, BOARD OF DIRECTORS, EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN), AT THE EXECUTIVE BUSINESS FORUM HELD VIRTUALLY ON THURSDAY, 11TH FEBRUARY, 2021. Esteemed Guest Speaker and Panelists Directors and Members of ELAN Gentlemen of the Press Ladies and Gentlemen, I am delighted…
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ELAN CALLS ON GOVERNMENT, BUSINESSES TO USE LEASING TO RE-INFLATE THE ECONOMY
West Africa Business News, Monday, January 11, 2021 National Business, Monday January 11 – 17, 2021 The Equipment Leasing Association of Nigeria (ELAN) states that a major financing tool that can bring the economy out of the woods is equipment leasing. This was disclosed in the 2021 outlook…
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2021 OUTLOOK – A YEAR OF CAUTIOUS OPTIMISM
2021 is here. It is year of great expectation, where everything is expected to turn around for good. Suddenly, it has become the year for a magic which was initially expected for 2020, but which disappointed due, obviously, to the public health crises of COVID-19 that practically pressured…
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CAREER DEVELOPMENT PROGRAMME IN LEASING : BE PART OF THIS OVER N15TRN INDUSTRY
The Equipment Leasing Association of Nigeria(ELAN) is a Business membership Organisation (BMO) established in 1983, primarily to promote the business of leasing. Membership of the Association consist Banks, Finance Houses, Independent Leasing Companies, Vendors, Insurance Companies, Professional Firm and Individuals In furtherance of our objectives of spreading the…
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9 KEY WAYS TO WIN THE DEAL AND OUTSMART COMPETITION
9 KEY WAYS TO WIN THE DEAL AND OUTSMART COMPETITION Have knowledge of the lessee’s needs which involves recognising that each customer is different from others. Gaining the comprehensive knowledge about customers’ needs and preference, sets the stage for outsmarting competition. Understand the benefits of leasing and how they…
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HOW THE EQUIPMENT LEASING ACT PROTECTS YOUR BUSINESS
The Equipment Leasing Act 2015, is essentially aimed at promoting the business of leasing in Nigeria by among other things, creating clarity, certainty and sanity in the practice of leasing and ensuring protective mechanism, for both the lessor and lessee. The memorandum of the Act states that “This…
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COMMUNIQUE ISSUED AT THE 18TH NATIONAL LEASE CONFERENCE
COMMUNIQUE ISSUED AT THE 18TH NATIONAL LEASE CONFERENCE ORGANISED BY THE EQUIPMENT LEASING ASSOCIATION OF NIGERIA (ELAN), HELD VIRTUALLY ON THURSDAY, 19TH NOVEMBER, 2020 1.0 BACKGROUND The 18th National Lease Conference “ADAPTING TO THE NEW WORLD ORDER IN COVID 19 ECONOMY: THE LEASING INITIATIVE, organised by the…
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CONFIRMATION AND CORROBORATION IN LEASING
A lessor did a transaction in which the lessee presented postdated cheques, bank statements, staff ID card, house address and pro-forma invoice, as part of the requirements for the lease. The lessor only realised that the information given by the lessee were false after the transaction went bad. This…
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WELCOME ADDRESS AT THE 18TH ANNUAL NATIONAL LEASE CONFERENCE HELD ON THURSDAY, 19th NOVEMBER 2020.
The Special Guests of Honour, Otunba Richard Adeniyi Adebayo, CON, Honourable Minister of Industry, Trade and Investment and Arc. Olamilekan Adegbite, Honourable Minister of Mines and Steel Development. Esteemed Guest Speakers and Panellists Distinguished Special Guests Directors of ELAN Past Chairmen and other past Directors of ELAN Members…
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9 KEY SUCCESS FACTORS FOR LEASING BUSINESS
–Competitive Advantage – this takes a number of forms e.g. size, funding sources speedy process. –Specialisation – creating a niche, focusing on specific product or market segment, transaction size, equipment type, industry or geographical area. –Customer service and flexibility – good relationship. Flexibility in product offering and responsiveness of…
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