Economic activity in the manufacturing sector contracted in July for the ninth consecutive month following a 28-month period of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more
AUG 2, 2023 - 6:55 am
Kroll Bond Rating Agency released a research report analyzing non-performing loan transactions since the global financial crisis. KBRA said that while commercial real estate non-performing loans are unlikely this year, it is possible that some could be explored for issuance next year. read more
JUL 31, 2023 - 6:47 am
The Office of the Comptroller of the Currency, the board of governors of the Federal Reserve System and the Federal Deposit Corporation issued new rule proposals that would modify large bank capital requirements and implement the final components of the Basel III agreement. read more
JUL 28, 2023 - 7:27 am
On Wednesday, the Federal Reserve announced that it will raise the target range for the federal funds rate to between 5.25% and 5.5%, marking a quarter point increase and its fourth such move of 2023 following a pause in June. read more
JUL 27, 2023 - 6:59 am
The Equipment Leasing & Finance Foundation released its Q3/23 Equipment Leasing & Finance Industry Snapshot. The foundation projected that the U.S. economy will grow by 1.6% in 2023 but continues to expect a recession to begin before the end of the year. read more
JUL 27, 2023 - 6:55 am
A new survey from Grant Thornton revealed that CFO are focused on two areas that could lead to revenue gains: building and preserving their workforces and investing in technology that delivers efficiency and revenue gains. read more
JUL 27, 2023 - 6:35 am
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index (MLFI-25) showed overall new business volume for June was $10.9 billion, up 6% year over year from new business volume in June 2022 and up 15% from $9.5 billion in May. read more
JUL 26, 2023 - 7:07 am
According to the Equipment Leasing & Finance Foundation‘s July 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) , overall confidence in the equipment finance market is 46.4, an increase from the June index of 44.1. read more
JUL 20, 2023 - 7:07 am
The Equipment Leasing & Finance Foundation raised its annual U.S. GDP forecast to 1.6% but decreased its annual estimate for equipment and software investment growth to 0.9% in the third quarter update to its 2023 Equipment Leasing & Finance U.S. Economic Outlook. read more
JUL 19, 2023 - 7:05 am
The equipment industry increased new business volume by 6.3% in 2022, according to the 2023 Survey of Equipment Finance Activity (SEFA) from the Equipment Leasing and Finance Association. This result is a modest decrease from the industry’s growth of 7.4% in 2021. read more
JUL 18, 2023 - 6:48 am
According to JPMorgan Chase’s 2023 Midyear Business Leaders Outlook survey, 45% of business leaders anticipate a recession before year-end or believe the economy is already in one, down from 65% six months ago. read more
JUL 17, 2023 - 6:58 am
According to the Golub Capital Altman Index, middle-market private companies in the index experienced year-over-year earnings growth of 5% and revenue growth of 4% during the first two months of Q2/23. read more
JUL 14, 2023 - 7:11 am
MMP Capital, a commercial financing company specializing in equipment financing, leasing and unsecured capital, experienced an increase in originations in Q2/23, with total originations reaching nearly $100 million, marking a 26% year-over-year increase from the same period in 2022. read more
JUL 7, 2023 - 7:06 am
According to the latest Services ISM Report on Business from the Institute for Supply Management, economic activity in the services sector expanded in June for the sixth consecutive month as the Services PMI registered 53.9%. read more
JUL 7, 2023 - 6:59 am
Economic activity in the manufacturing sector contracted in June for the eighth consecutive month following a 28-month period of growth, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more
JUL 5, 2023 - 7:00 am