Equipment Leasing & Finance Foundation Related Content

January New Business Volume in Equipment Finance Industry Falls 12% Y/Y, 33% M/M

According to the ELFA’s Monthly Leasing and Finance Index, overall new business volume for January 2021 was $8.1 billion, down 12% year over year from new business volume in January 2020. In addition, volume was down 33% month to month from $12.1 billion in December. read more

Equipment Finance Industry Veteran Paul S. Gass Passes Away

Paul S. Gass, a longtime equipment finance industry leader, passed away on Feb. 16. Gass founded Eaton Financial in 1974 and became president of the leasing services division of AT&T Capital when AT&T acquired Eaton Financial in 1989. read more

Equipment Finance Industry Confidence Rises in February

According to the Equipment Leasing & Finance Foundation’s February 2021 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 64.4, an increase from the January index of 59.6. read more

Equipment Finance Industry Confidence Steady in January at Pre-COVID-19 Levels

According to the Equipment Leasing & Finance Foundation’s January 2021 Monthly Confidence Index for the Equipment Finance Industry, confidence in the equipment finance market is 59.6, unchanged from the December index and in line with pre-COVID-19 pandemic levels. read more

Madison Capital President Appointed Vice Chair of ELFF’s Board of Trustees

The Equipment Leasing & Finance Foundation appointed Nancy Pistorio vice chair of its 2021 board of trustees. Pistorio is the president of Madison Capital, an independent provider of commercial equipment and vehicle lease financing. read more

ECS Financial Services’ Lipski Joins ELFF’s Board of Trustees

Shari L. Lipski, CLFP, principal of ECS Financial Services, was appointed to the Equipment Leasing & Finance Foundation’s 2021 board of trustees. read more

ELFF Projects 3.5% Decline in U.S. Economy for 2020, 4.7% Increase in 2021

According to the Equipment Leasing & Finance Foundation, despite a surge in Q3/20, due to the historic deep decline in Q2/20, the U.S. economy is expected to end the year down 3.5% from 2019. However, the economy is expected to grow 4.7% in 2021. read more

ELFF Finalizes 2021 Board of Trustees

The Equipment Leasing & Finance Foundation announced the 2021 officers of its board of trustees, including Scott Thacker, CEO of Ivory Consulting, as chair; Nancy Pistorio, president of Madison Capital, as vice chair; Zack Marsh, CFO of Orion First Financial, as secretary/treasurer; and Ralph Petta, president and CEO of the Equipment Leasing and Finance Association, as president. read more

ELFA: November New Business Volume Down 7%, YTD New Business Volume Down 6%

According to the ELFA, overall new business volume for November was $7.3 billion, down 7% year over year from new business volume in November 2019. Year to date, cumulative new business volume was down almost 6% compared with 2019. read more

ELFF: Equipment Finance Industry Confidence Reaches Pre-Pandemic Levels

According to the Equipment Leasing & Finance Foundation’s December 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 59.7, an increase from the November index of 56.1. read more

ELFF: Equipment Investment Growth to Outpace U.S. GDP Growth in 2021

Annual equipment and software investment will grow 7.8% in 2021, while annual U.S. GDP will grow 4.7%, according to a report from the Equipment Leasing & Finance Foundation. read more

Equipment Leasing Industry Confidence Rises in November

According to the Equipment Leasing & Finance Foundation’s November 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), overall confidence in the equipment finance market is 56.1, an increase from the October index of 55.0. read more

New ELFF Study Reveals Impact of COVID-19 and Recession on Equipment Finance Industry

Although the outlook for the U.S. economy is among the most uncertain on record, equipment finance industry leaders expect moderate portfolio growth in 2021, but performance will be highly sector-dependent, according to a new study from the Equipment Leasing & Finance Foundation. read more

Equipment Leasing Industry Confidence Eases in October, Default Expectations Improve

According to the October release of the Monthly Confidence Index for the Equipment Finance Industry from the ELFF, confidence in the equipment finance market is 55, easing from the September index of 56.5 and steady with pre-COVID-19 index levels. read more

ELFF Snapshot: Equipment Investment to Continue Recovery From Collapse in Q2/20

According to the ELFF, equipment and software investment collapsed 27.7% in the second quarter, which was the sharpest decline since the Great Recession. However, E&S investment is forecasted to return to positive territory during the second half of 2020. read more

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