Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and …
Up 27% compared to same period in 2009 and 100% above November’s volume, ELFA’s Monthly Leasing and Finance Index (MLFI-25) for December shows new business volume at $9.0 billion. Year-end new business volume for 2010 is up 9.2% compared to 2009, and credit quality also improved. Receivables over 30 days decreased to 2.7% from 3.2% in November and 37% compared to 2009. Losses remained at 1.4 …
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