Members of the Association are divided into two categories, Full Members and Associate Members. Essentially, in order to be a Full Member, an applicant has to be a corporation carrying on equipment leasing business in Hong Kong. This need not however be its sole business. Accordingly, most of the Association's Full Members are banks, other financial institutions or pure leasing companies. Associate Membership is open to other persons interested in the leasing industry but who do not qualify for Full Membership. Associate Members are mostly comprised of professional firms in industries such as law and accountancy, and equipment vendors.