US Business Borrowing for Equipment Rises 16 Percent in May: ELFA
U.S. companies borrowed 16 percent more in May to finance their investments in equipment compared to a year ...
Source: theepochtimes.com
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U.S. business borrowing for equipment rises 16% in May – ELFA
(Reuters) - U.S. companies borrowed 16% more in May to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Fi...
Source: wtbx.com
Leasing Biz Volume Up 6% From Last Year
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for April was $10.5 billion, up 7 percent year-over-year from new business volume in April 2021.
Source: constructionequipment.com
Finance Biz Volume Rises in March
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for March was $10.6 billion, up 14 percent year-over-year from new business volume in March 2021.
Source: constructionequipment.com
Banks vie for share of trillion-dollar equipment finance market
Institutions are hiring aggressively or buying up competitors to take part in an equipment finance boom as the economy continues to heal.
Source: americanbanker.com