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Equipment Leasing and Finance Association's Survey of Economic Activity: Monthly Leasing and ...

2013-04-23 06:00:00| Industrial Newsroom - All News for Today

According to ELFA's Monthly Leasing and Finance Index, overall new business volume for March was $6.8 billion, flat compared to volume in March 2012. Month-over-month, new business volume was up 45% from February, and year to date, cumulative new business volume was up 3% compared to 2012. Receivables over 30 days were unchanged in March from previous month at 2.0%, and were down from 2.8% in same period in 2012. In addition, credit approvals totaled 78.4% in March, up 1% from February. This story is related to the following:Trade Associations

Tags: and equipment finance activity

Category:Industrial Goods and Services

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