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U.S. companies borrowed 7% less to finance equipment investments in March compared to a year ago, industry body Equipment Leasing and Finance Association said on Monday. Companies...
Companies signed up for new loans, leases and lines of credit worth $9.3 billion in March, up 18% sequentially. ELFA, which reports economic activity for the over $1 trillion equipment finance sector, said credit approvals for U.S. companies in January came in at 77%, up from 76% a month earlier. ELFA's leasing and finance index is based on a 25-member survey, including Bank of America and financing units of Caterpillar, Dell Technologies, Siemens AG, Canon Inc and Volvo AB.
New business for 25 finance and leasing companies up 6% compared to last year.
U.S. companies borrowed 6% more to finance equipment investments in January compared to a year ago, industry body Equipment Leasing and Finance Association said on Friday. Companies...
(Reuters) - U.S. companies borrowed 6% more to finance equipment investments in January compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Friday. Companies signed up for new loans, leases and lines of cr...