The Equipment Leasing & Finance Foundation released the September 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). read more

SEP 21, 2023 - 6:30 am

According to Umpqua Bank’s recently released annual business barometer, while concerns about the direction of the U.S. economy persist, business optimism is rising and expectations for revenue and profitability are increasing. read more

SEP 21, 2023 - 6:25 am

On continued strong build rates and seasonally weak order volumes, the Class 8 backlog fell by 11,000 units to 152,600 units in August, according to ACT Research. read more

SEP 21, 2023 - 6:22 am

August’s preliminary net trailer orders increased sequentially to 11,500 but were lower against longer-term comparisons, according to ACT Research. As one of the weakest order months of the year, August’s tally received a seasonal adjustment boost to 14,700 units. read more

SEP 19, 2023 - 6:55 am

More than half of restaurant operators are planning to increase their equipment and supply budgets in 2023, and 67% plan to make kitchen equipment replacements, according to a new study released by the Equipment Leasing & Finance Foundation. read more

SEP 18, 2023 - 6:48 am

Nearly eight out of 10 small business owners feel a strong degree of confidence that their companies will grow over the next year even amid rocky market conditions, according to the ninth annual First Citizens Bank Small Business Forecast. read more

SEP 12, 2023 - 7:15 am

Small business loan approval percentages at big banks (more than $10 billion in assets) fell from 13.3% in July to 13.2% in August, according to the latest Biz2Credit Small Business Lending Index. Big bank lending to small businesses has now dipped every month since June 2022. read more

SEP 12, 2023 - 7:12 am

According to new research from Kroll Bond Rating Agency, private asset-backed securities as a proportion of KBRA’s total ABS rating assignments have routinely approached or exceeded 25% of the transaction mix dating back to 2020. read more

SEP 11, 2023 - 6:59 am

According to the most recent release of PNC’s semi-annual survey of small and mid-sized businesses, business owner optimism about the outlook for their businesses in the next six months has reached a 21-year high amid strong expectations for sales, profits and demand. read more

SEP 11, 2023 - 6:57 am

There were 634 commercial Chapter 11 filings registered in August, an increase of 54% from the 411 filings registered in August 2022, according to data provided by Epiq Bankruptcy. read more

SEP 6, 2023 - 7:22 am

According to the General Aviation Manufacturers Association, in the first six months of the year, aircraft deliveries were up across all segments compared with the same period in 2022. In addition, there was an increase in the overall value of aircraft shipments. read more

AUG 31, 2023 - 6:43 am

According to the Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25), overall new business volume in the equipment finance industry for July was $9.9 billion, down 2% year over year. read more

AUG 29, 2023 - 7:15 am

According to the Equipment Leasing & Finance Foundation’s August Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall, confidence in the equipment finance market is 50.4, an increase from the July index of 46.4. read more

AUG 17, 2023 - 6:54 am

Economic activity in the hospital subsector grew in July for the second consecutive month after one month of contraction preceded by 35 consecutive months of growth, according to the latest Hospital ISM Report on Business from the Institute for Supply Management. read more

AUG 10, 2023 - 7:01 am

Small business loan approval rates at big banks (more than $10 billion in assets) dropped from 13.4% in June to 13.3% in July, according to Biz2Credit’s Small Business Lending Index. Meanwhile, approval rates at smaller banks and non-bank lenders increased.   read more

AUG 9, 2023 - 6:52 am