ELFA Honors Lauren Baingo of DLL with the 2025 Michael J. Fleming Distinguished Service Award

Marco Island, Florida - October 27, 2025 - The Equipment Leasing & Finance Association (ELFA) today announced that Lauren Baingo, CLFP, Global Major Accounts Manager at DLL, is the recipient of the prestigious 2025 Michael J. Fleming Distinguished Service Award. This award, ELFA's highest honor for service, recognizes individuals who have made outstanding and sustained contributions to the association and the equipment finance industry.

Baingo was formally recognized today during the ELFA's 64th Annual Convention, held this week at the JW Marriott Marco Island Beach Resort in Marco Island, Florida.

"Lauren Baingo exemplifies the spirit of selfless leadership that the Michael J. Fleming Award was created to celebrate," said Leigh Lytle, President and CEO of ELFA. "She has been a vital force in advancing inclusion and fostering a stronger sense of community across our membership. Her vision guided pivotal projects like the Power of People Summit and the evolution of ELFA's pilot mentorship program, which will launch next year. We are grateful for her professionalism, warmth, and dedication."

A highly respected leader, Baingo is driven by a deep commitment to the equipment finance industry and the people who shape it. This passion has grown over more than 15 years in financial services, where she has focused on strategic growth, customer-centered solutions, and inclusive leadership. At DLL, she continues this work as Global Major Accounts Manager, leading multi-country financing programs and helping to bring the company's offerings to market. She also created and served as host of DLL's first external podcast.

Baingo's efforts directly support ELFA's commitment to developing its membership through initiatives like the new digital mentorship program that connects emerging talent with seasoned professionals. She has guided several key ELFA committees, serving as Chair of both the ELFA Women's Council and the ELFA Inclusion Committee.

Working with members of these councils, she has championed initiatives in addition to the Power of People Summit like the Women4Inclusion Book Club, Dine Around, and Women's Council Mental Health Walking Challenges, all designed to advance tELFA's workforce development strategy of Attract, Train, and Retain talent. Her leadership has advanced inclusion and reinforced a strong sense of community within the association.

Receiving the award at the convention, Baingo shared her appreciation for the community:

"I'm honored to receive this recognition from ELFA. Working with such passionate, driven people has been incredibly energizing. Their dedication inspires me to keep giving back and to help create spaces where current and up-and-coming equipment finance leaders can grow and thrive."

The Michael J. Fleming Distinguished Service Award, renamed in 2014 to honor ELFA's long-time past president, is presented annually to a dedicated volunteer whose extraordinary contributions to the association merit special recognition.

About ELFAThe Equipment Leasing & Finance Association (ELFA) represents financial services companies and manufacturers in the $1.3 trillion U.S. equipment finance sector. ELFA's over 600 member companies provide essential financing that helps businesses acquire the equipment they need to operate and grow. Learn how equipment finance contributes to businesses' success, U.S. economic growth, manufacturing and jobs at https://www.elfaonline.org.

About DLL
DLL is a global asset finance company for equipment and technology with a managed portfolio of more than EUR 47 billion. Founded in 1969 and headquartered in Eindhoven, the Netherlands, DLL provides financial solutions within the Agriculture, Construction, Energy Transition, Food, Healthcare, Industrial, Technology, Transportation, and Workplace industries in more than 25 countries. The company partners with equipment manufacturers, dealers, and distributors to enable easier access to equipment, technology, and software, to support business growth.

DLL is committed to a more sustainable future for the environment and the communities in which it operates. Combining customer focus and industry knowledge, DLL provides financial solutions for the complete asset life cycle, including commercial finance, retail finance and used equipment finance. DLL is a wholly owned subsidiary of Rabobank Group. To learn more about DLL, visit https://www.dllgroup.com.

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