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IT Leasing on the Rise

By ALM Staff | Law Journal Newsletters |
December 28, 2006

A recent study commissioned by the Equipment Leasing and Financing Association of America ('ELFA') and produced by The Alta Group examines how U.S. businesses and other organizations acquire critical information technology ('IT') equipment and what factors influence the decision-making processes.

According to the report, IT equipment financing has grown to $40 billion per year. This is a 67% increase from just three years ago, when compared with findings in a similar 2003 IT equipment-financing study commissioned by the ELFA. In addition, IT equipment financing as a percent of total U.S. equipment financing activity nearly doubled from approximately 12% in 2002 to 22% last year.

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