New business volume grew 16.4% in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity released by the Equipment Leasing and Finance Association.
ELFA: February New Business Volume Decreased by 6% Y-O-Y
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity from 25 companies, showed their overall new business volume for February was $4.7 billion, down 6% from volume of $5 billion in February 2012.