Leasing Activity Down in February
Overall new-business volume in the equipment leasing industry fell 14 percent in February compared to January, to $7.1 billion from $8.3 billion. Compared to February 2021, volume was down 4 percent, according to the Monthly Leasing and Finance Index (MLFI-25) published by The Equipment Leasing and Finance Association (ELFA). The report measures economic activity from 25 companies representing a cross section of the equipment finance sector.