“A flurry of activity at the end of the year gave way to more moderate growth in January,” says The Equipment Leasing and Finance Association’s (ELFA)’s President and CEO William G. Sutton, CAE. December’s volume grew due to holiday sales, which lead to January’s volume dropping by 49%. Despite this, new business in the equipment leasing sector rose 16% over last January and gained 5.9%, up from 5.1% last year.
The ELFA’s Monthly Leasing and Finance Index (MLFI-25) found that though there were ups and downs during the month of January, most still feel optimistic on business growth. How did January’s numbers look and why is there so much confidence for growth within the equipment leasing and finance industry? Read more by clicking the button below.
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