Originally published by Monitordaily, this article highlights the increasing prominence and impact of women in the equipment finance industry, reflecting significant progress and ongoing challenges. Two years ago, the idea of a Women’s Issue in the industry might have seemed unlikely, but today, women are more visible and influential than ever. Pioneers like Valerie Jester, Jill York, and Lori Frasier discuss how the industry has evolved to recognize and foster female talent. Initiatives such as the ELFA Women’s Council and Women’s Forum have played crucial roles in promoting gender diversity and inclusion. Despite these advancements, there is still a long way to go to achieve true equity, with many women in the industry calling for continued efforts to break down barriers and ensure equal opportunities.

For equipment financing professionals, this shift towards greater gender diversity and inclusion can lead to a more dynamic and innovative industry. Diverse leadership teams are shown to financially outperform their less diverse counterparts, suggesting that fostering gender equity can drive better business outcomes. Additionally, the push for inclusivity can enhance company culture, attracting top talent and creating a more supportive and empathetic work environment. As the industry continues to evolve, equipment financing professionals should embrace and support these changes, leveraging the unique perspectives and strengths that a diverse workforce brings to the table.

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