Like many other sectors of the economy, the equipment leasing and finance industry is still in the process of evaluating the severity of the financial storm weathered over the past few years.
Survey of Equipment Finance Activity
The Equipment Leasing and Finance Association recently released its 2010 Survey of Equipment Finance Activity, which shows that new business volume among a sample of the ELFA member companies declined 30.3% in 2009, in contrast with a 2.2% decline in 2008.
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