NEFA and CAFBA Announce Global Partnership to Strengthen the Finance Industry
The National Equipment Finance Association (NEFA), representing the U.S. equipment finance and leasing community, and the Commercial & Asset Finance Brokers Association of Australia (CAFBA), the leading professional association for commercial and asset finance brokers in Australia, are proud to announce the signing of a Memorandum of Understanding (MOU) establishing a collaborative partnership between the two organizations.
This strategic alliance underscores both Associations’ shared commitment to fostering innovation, promoting education and professionalism, and advancing global standards across the equipment and commercial finance sectors.
Under the terms of the MOU, NEFA and CAFBA will collaborate on initiatives of mutual benefit to their respective members, including:
- Cross-promotion and engagement opportunities, such as participation in conferences, events, and publications hosted by each Association.
- Reciprocal membership access, expanding professional networks and opportunities for members in both the U.S. and Australia.
- Joint research initiatives focused on industry advancement, including the ethical and effective use of artificial intelligence in finance broking.
- Educational and professional development programs aimed at enhancing the skills, standards, and capabilities of finance professionals globally.
- Advocacy and regulatory collaboration to represent and strengthen the voice of the industry before policymakers and regulators.
- Sharing of data, insights, and best practices to drive progress and efficiency within the finance sector.
Both Associations have committed to open and ongoing communication and will identify further areas of collaboration as the relationship develops.
Chad Sluss, CEO of NEFA, commented:
“This partnership marks an exciting step in expanding NEFA’s global reach and in aligning with CAFBA to share knowledge, insights, and opportunities that benefit our members and strengthen our industry worldwide.”
David Bushby, CEO of CAFBA, added:
“By joining forces with NEFA, we are creating a bridge between two thriving finance communities. Together, we will advance education, professionalism, and advocacy on a global scale to better serve brokers, lenders, and clients alike.”
The partnership took effect upon the signing of the MOU and will continue as both organizations work together to build a stronger, more connected international finance community.
For more information:
- National Equipment Finance Association (NEFA) – www.nefassociation.org
- Commercial & Asset Finance Brokers Association of Australia (CAFBA) – www.cafba.com.au
Media Contacts:
- NEFA – Chad Sluss, CEO – csluss@nefassociation.org
- CAFBA – David Bushby, CEO – ceo@cafba.com.au