SHARE February 18, 2021
Confidence among leasing and finance companies increased in February, according to the Equipment Leasing & Finance Foundation. Its Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) was 64.4, an increase from the January Index of 59.6.
The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the equipment finance sector.
Some 46 percent of executives responding said they believe business conditions will improve over the next four months, up from 33 percent in January. On the other end, about 8 percent believe business conditions will worsen, a slight increase from 7 percent in January.