More than 100 First American Colleagues Have Earned the CLFP Designation
Highest Number in the U.S.
Fairport, NY | November 12, 2018 – First American Equipment Finance announced that a total of 107 of its colleagues have earned the Certified Lease and Finance Professional (CLFP) designation. More CLFPs work at First American than anywhere else in the world.
“My colleagues and I have found that the CLFP program provides a comprehensive foundation on equipment leasing and finance topics,” said Alan Sikora, CEO of First American Equipment Finance. “The deep understanding of the industry that our CLFP-certified colleagues have accumulated helps First American serve clients at a higher level.”
The CLFP exam is an objective, third party-vetted indication of a lease professional’s reputation, experience and knowledge, and is known as the standard for professionalism in the commercial equipment leasing industry. The body of knowledge required to earn the CLFP designation includes proficiency in credit and financial statement review, lease law and lease documentation, financial and tax accountiung for leases, portfolio management and more.
CLFPs must demonstrate their competency through a proctored test, commit to continuing education as well as integrity in business practices, and be dedicated to the equipment finance industry. There are 637 CLFPs in the world, 106 work at First American Equipment Finance.
First American’s newest class of CLFPs:
About First American Equipment Finance
First American Equipment Finance is a wholly-owned subsidiary of Los Angeles, CA-based City National Bank, an RBC Company. First American is ranked among the largest equipment finance companies in the United States, and provides commercial equipment financing to the most creditworthy and sophisticated commercial borrowers in the country.
FORTUNE and Great Place to Work also ranked First American as a Best Midsize Workplace for Millennials, Best in New York, Best for Women, Best for Giving Back and Best for New Grads. Entrepreneur Magazine named First American as a Top Company Culture and Selling Power Magazine named First American among the Best to Sell For. Best Companies Group named First American as the #1 Best Midsize Place to Work in New York.