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
According to Russell Investments’ strategists, a recession for the slowing U.S. economy is expected, though they anticipate a delay until 2024 as investor enthusiasm for artificial intelligence and resilient economic growth continue to support stocks. read more
JUN 30, 2023 - 7:27 am
The Federal Reserve Board released the results of its annual bank stress test, that demonstrates that large banks are well positioned to weather a severe recession and continue to lend to households and businesses even during a severe recession. read more
JUN 29, 2023 - 7:17 am
Mitsubishi HC Capital America has experienced significant growth in rental financing for dealer-owner and dedicated rental fleets, with year-over-year increases of 150% to 550% among some of its clients. read more
JUN 28, 2023 - 6:51 am
According to the Asset-Based Lending Index by the Secured Finance Network, combined (bank and non-bank) business lenders’ confidence stayed slightly positive during Q1/23 at 50.3 points, although that was a 5.8-point decline from Q4/22. read more
JUN 27, 2023 - 7:16 am
According to the Equipment Leasing and Finance Association, overall new business volume in the equipment finance industry in May was $9.5 billion, up 1% year over year from new business volume in May 2022. read more
JUN 26, 2023 - 7:05 am