With total assets of approximately $23 billion in 2016, Element Financial Corporation is one of North America's leading fleet management and equipment finance companies.
Element operates across North America in four verticals of the equipment finance market — fleet management, rail finance, commercial and vendor finance, and aviation finance. Element offers end-to-end fleet management solutions, from financing and acquisition through operations and resale, with strategic consulting and technology support for car, truck and equipment fleets.
Element acquired PHH Arval in 2014 and GE Capital Fleet Services in 2015. Element Financial was founded in 2007.