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February New Business Volume up 2% month-to-month.

2016-03-30 14:31:08| Industrial Newsroom - All News for Today

According to ELFA's Monthly Leasing and Finance Index, overall new business volume for February was $6.1 billion, up 2% from new business volume in January. Volume was down 2% from $6.2 billion in February 2015, and year to date, cumulative new business volume decreased 7% compared to 2015. Receivables over 30 days were 1.4%, up from 1.3% the previous month and up from 1.15% in the same period in 2015. Charge-offs were 0.37%, up from 0.26% the previous month.

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Category:Industrial Goods and Services

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