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U.S. companies borrowed $9.8 billion for capital investments in April, up 19% from a year earlier, benefiting from an economic recovery triggered by mass…

Leasing Business Grows 26% in March: ELFA SHARE April 23, 2021 An index of new business in the equipment finance sector grew 26 percent in March compared to February, and is up 4 percent from March 2020. The Equipment Leasing and Finance Association said its Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for March was $9.3 billion, up from $7.4 billion in February. Year-to-date, cumulative new business volume was down 1 percent compared to 2020. “The equipment finance industry appears poised to ...

U.S. business borrowing for equipment rises 4% in March - ELFA Reuters 1 hr ago © Reuters/LUCAS JACKSON A worker clears a machine jam inside of an Amazon fulfillment center in Robbinsville, New Jersey (Reuters) - U.S. companies' borrowings for capital investments rose 4% in March from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday. The companies signed up for $9.3 billion in new loans, leases and lines of credit last month, up from $8.9 billion a year earlier. However, borrowings in March rose 26% from the previous month. "The equipment finance in...

Leasing Business Falls 33%: Finance Group SHARE February 25, 2021 Overall new business volume for January was $8.1 billion, a 33 percent drop from $12.1 billion in December, according to a measure of economic activity from 25 companies in the equipment finance sector. Compared to January 2020, volume was down 12 percent. The Monthly Leasing and Finance Index uses these 25 companies to represent a cross section of the industry, according to its publisher, the Equipment Leasing and Finance Association. It said the month-to-month d...

By Reuters Staff 2 Min Read (Reuters) - U.S. companies’ borrowings for capital investments fell about 6% in December from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Monday. Companies signed up for $12.1 billion in new loans, leases and lines of credit last month, down from $12.9 billion a year earlier. Borrowings in December, however, rose 66% from the previous month. ELFA Chief Executive Officer Ralph Petta said most equipment finance sector observers would consider a single-digit decline in year-over-year new business volume tolerable, given the optimism ...