CAFBA ~ Commercial Asset Finance Brokers Association of Australia Ltd ~ Professional Body Equipment Finance Industry
 

CAFBA ~ ABOUT CAFBA

 




What We Are:

  •   CAFBA is an industry body of professional leasing/finance brokers.

  •   CAFBA is proud of their strong membership base comprising 155 Full Member Firms with just under 500 Associate Members. In addition, a number of major equipment financiers support and strengthen CAFBA as Affiliate Members.

  •   Our members conduct the majority of their business in the fields of equipment and vehicle financing.

  •   Membership is comprised of the significant participants in this industry.

  •   CAFBA members generate a combined annual volume of transactions in excess of $4.5 billion.

What We Do:
CAFBA represents the interests of its members by assisting with regulatory, governmental matters, bank and finance companies issues.

Secondly, CAFBA acts as a self-regulating body, seeking to maintain high professional standards within our membership and our industry. We do this by having a formal
"Code of Conduct", minimum membership requirements, education standards, disciplinary procedures to deal with any potential breach and a broker-lender agreement to assist members and financiers to form a basis for accreditation agreements.

CAFBA seeks to encourage a high standard of professional applications from members to lenders, and in that regard have established a minimum application criteria (pdf form).

Professional Indemnity Group Insurance has been endorsed by CAFBA for many years.. click here to find out more about Members Insurance.


Additional Information:
As a national organisation, CAFBA hosts events on a regular basis for the benefit of all members. See some pictures of past events, and find out more about what is happening by visiting the CAFBA events page. In addition, we issue regular e-mail member bulletins. Please request a copy of recent bulletins at .


AELA:
Australian Equipment Lessors Association (AELA) is the "peak professional body" of the lease and equipment finance industry, with its mission being to represent and serve the interests of the equipment finance industry. It provides technical, legal, and information services to members, liaison and "lobby" functions in respect of governmental/regulatory dealings, and it facilitates various education programs for members and their employees.

AELA’s members + associate members, comprise banks, merchant banks, finance companies, vendor financiers, lease "packagers", and equipment finance brokers - via their specialised professional bodies such as The Commercial Asset Finance Brokers Association of Australia. While AELA is a separate body functioning with its own goals, it shares physical and staffing resources with The Australian Finance Conference.

Equipment Finance in Australia facilitates 40-50% of national capital expenditure on plant and machinery , divided fairly equally between leasing vs other forms of equipment finance. AELA members handle about 95% of the leasing portion of these figures plus quite a high percentage of the non-lease equipment finance.

For further information about AELA,
please visit their website: www.aela.asn.au