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

2013-10-23 06:00:00| Industrial Newsroom - All News for Today

According to ELFA's Monthly Leasing and Finance Index, overall new business volume for September was $7.7 billion, down 6% compared to September 2012. Month-over-month, new business volume was up 20% from August, and year-to-date, cumulative new business volume increased 6% compared to 2012. Receivables over 30 days were at 1.5% in September, down slightly from 1.6% in August. Credit approvals totaled 77.3% in September, down from 79.1% the previous month. This story is related to the following:Trade Associations

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