ELFA says Big Beautiful Bill a win for the sector

News Story
- 10 Jul 2025 ( #1238 ) - Washington, DC, United States
1 min read
ELFA supports provisions for MH sector in new Act
ELFA supports provisions for MH sector in new Act

The Equipment Leasing & Finance Association (ELFA) has applauded the passing of the US Administration’s One Big Beautiful Bill Act which changes the laws around how businesses are able to claim equipment deductions.

The ELFA represents financial services companies and manufacturers in the USD1 trillion equipment finance sector.

Under the Act, 100% expensing and EBITDA-based interest deductibility have been made permanent.

“Permanent 100% expensing allows companies to immediately deduct the full cost of equipment purchases, rather than spreading deductions over years,” ELFA explains. “This boosts capital investment, accelerates innovation, and drives productivity — especially in capital-intensive sectors that rely on financing.”

ELFA says the EBITDA-based interest deduction standard means businesses can also deduct interest expenses based on earnings before depreciation and amortisation, which it says provides “a more generous and accurate measure of financial capacity, especially for capital-intensive industries”. 

The organisation says the changes help to ensure companies are able to continue to access the finance needed to “invest, grow and compete”.

ELFA president and CEO, Leigh Lytle adds: “These provisions are foundational to a healthy, competitive environment for business investment”.

“Making them permanent provides the certainty our industry needs to continue helping businesses acquire equipment that powers their growth,” Lyle continues. 

Meanwhile, the pause of international tariffs imposed by the US, was lifted yesterday. We will report on details and how it impacts our sector, as they become available.

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It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

It’s the year 2000. You’re in front of a boxy beige desktop waiting for the screeching ramblings of your dial-up to reach its finale. You go to Yahoo!, MSN, or maybe AOL, and start the mind-numbing process of finding your very specific needle in the digital haystack. And with web pages loading one image at a time, patience isn’t just a virtue – it’s a requirement!

As clumsy as this early iteration seems now, this technology was the great enabler that allowed Forkliftaction to connect to the industry across the globe.  

To everyone who has connected with Forkliftaction in the past 25 years, thank you for your contribution to our success! We feel deeply touched by your words of encouragement.

What has Forkliftaction meant to you? Drop us a line.