White Clarke Group Releases U.S. Leasing Market Update
JUN 4, 2020 - 7:03 am
White Clarke Group, in association with the World Leasing Yearbook, released an annual survey to provide an assessment of the national leasing markets in the U.S., focusing on the period up to mid-2019.
The size of the equipment finance industry at the end of 2018 was around $900 billion, with 80% of companies using at least one form of finance when acquiring equipment or software. The research reflects a robust industry well-placed to manage the economic challenges ahead.
The ELFF’s Q2/20 Equipment Leasing & Finance Industry Snapshot revealed that the U.S. economy could suffer a historically deep contraction of -30 to -40% in Q2/20, in part due to more than 90% of the population having been affected by stay-at-home orders.
Furthermore, the Snapshot predicts a plunge in equipment and software investment in the first half of 2020, although a return to growth is possible should the public health crisis subside in the second half of the year.
In 2022, Monitor launched W, a podcast featuring prominent women in equipment finance. The episodes cover how to make the industry more inviting for women, how to make leadership roles more accessible for women, how to navigate work and life... read more
Monitor’s 2023 Bank 50 companies reported $292,971.5 million in 2022 net assets, a $23,178.0 million (8.6%) increase from $269,793.5 reported in 2021. The group also saw growth in originations, reporting a $9,468.8 million (10.2%) increase from $92,923.6 million in 2021... read more