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Promoting and rewarding ethical conduct in the leasing profession was one of the purposes behind the creation of the National Association of Equipment Leasing Brokers in 1990.
In 2000, as part of its 10th anniversary self-examination, NAELB embarked on an aggressive campaign to address ethical issues and upgrade the level of conduct of brokers and funders alike.
Our Code of Ethics and Enforcement Program are designed to benefit not only members but vendors, lessees and others. A complaint may be lodged by following the Complaint procedures in effect in accordance with the NAELB Code of Ethics.
Click Here to View the NAELB Code of Ethics
Click Here to View the Complaint Procedures
Click Here for Instructions on How to File an Ethics Complaint
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NAELB Best Practices Broker
The NAELB now offers certification for our members that recognize one’s ability to apply the Code of Ethics to everyday business practices. Though the certification process, we are displaying that we have demonstrated our ability to apply the Code to general business practices in situations that we may face during our daily business operations. Those passing the Ethics exam have earned the right to utilize the “NAELB Best Practices Broker” certification that is licensed by the NAELB.
The test is available at all three NAELB meetings and also available online. The exam consists of two parts – twenty multiple-choice questions and five essay questions. Those wishing to sit for the test must be broker members in good standing for at least two years, and approved by the NAELB Board of Directors. The passing candidates will be entitled to use the designation “NAELB Best Practices Broker" on their company business cards, letterhead, website, marketing materials, etc.
Click Here to register to take the exam.
Congratulations to the following individuals who have successfully completed the exam and are now a “NAELB Best Practices Broker”:
Brian Acosta, CLP – Matrix Business Capital
Donna Cole – Business Capital Leasing, Inc.
Ryan Davis – Encore Capital, LLC
Gary Greene – Lease $mart
Dan Harris – 5280 Financial, LLC
Jack Harvey, CLP – Enterprise Financial Solutions, Inc.
Brian Link - InSource Capital Services, Inc.
Mike McPhearson, CLP – Westport Leasing Canada
Brian Montgomery – Express Funding Solutions
Laura Noblin, CLP – Matrix Business Capital
David Normandin, CLP – ENVision Capital Group, LLC
Barry Reitman – Keystone Equipment Leasing, Inc.
Spencer Richman, CLP – American Financial Network, Inc.
Sonia von Matt Stoddard – Stoddard & Associates
Rosanne Wilson, CLP – 1st Independent Leasing