Equipment Leasing & Finance Association
Equipment leasing total $8.3 billion in January, a 2% increased to the same period in 2021.
December new business volume down 3% Year-over-year, up 49% month-to-month, and up almost 9% at year-end
The ELFA reports September new business volume is up 6% year-over-year, 8% month-to-month and 10% year-to-date.
August new business volume up 21% year-over-year, down 14% month-to-month, and up 10% year-to-date
Annual equipment and software investment growth of 13.3% is forecast for 2021 as manufacturing demand remains very high.
The Equipment Leasing & Finance Foundation released the June 2021 Monthly Confidence Index for the Equipment Finance Industry.
Confidence in the equipment finance market jumped almost five points to 64.4 in February thanks to high demand due to the COVID-19 pandemic.
General confidence in the equipment leasing industry stayed steady in November with an index of 56.1, which is a slight increase from October.
The equipment finance market's confidence dropped to 55.0 in October, as concerns about the economy's long-term health remain due to the COVID-19 pandemic.
Confidence in the equipment finance market jumped to 48.4 in August according to the Equipment Leasing & Finance Association (ELFA).