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

2013-08-23 06:00:00| Industrial Newsroom - All News for Today

According to ELFA's Monthly Leasing and Finance Index, overall new business volume for July was $7.2 billion, up 9% compared to volume in July 2012. Month-over-month, new business volume was down 16% from June, and year-to-date cumulative new business volume increased 10% compared to 2012. Receivables over 30 days were at 1.5% in July, up slightly from historic low of 1.4% in June. Delinquencies declined from 2.2% in same period in 2012, and charge-offs were unchanged for past 5 months. This story is related to the following:Trade Associations

Tags: and equipment finance activity

Category:Industrial Goods and Services

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