We all know banks had a strange year, if not a flat-out tough one, in 2023. But Monitor’s Bank 50 group remained resilient, all things considered, reporting a year-over-year increase in net assets and a less-than-10% decrease in year-over-year originations. The group anticipates 2024 ending with a collective increase in assets and volume.... read more

Nov/Dec 2024

New data reveals a $10.5 billion, or 5.1%, increase in new business volume for equipment leases and loans from September to October, its largest jump since August 2023, according to the Equipment Leasing and Finance Association. read more

NOV 26, 2024 - 5:57 am

In August, new business volume was down 10% year over year and 17% month over month, according to the ELFA’s Monthly Leasing and Finance Index. Though, NBV was up 3.5% compared to 2023. read more

SEP 25, 2024 - 6:12 am

The equipment finance industry saw new business volume (NBV) increase 1.1% in 2023, according to the 2024 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association (ELFA). read more

AUG 26, 2024 - 6:00 am

The Equipment Leasing and Finance Association (ELFA) July MLFI report shows new business volume is up 13% year over year. read more

AUG 23, 2024 - 6:25 am

Four Monitor 101+ leaders reflect on the past 18 months in a discussion about prominent industry concerns, sharing their perspectives on originations activity, the interest rate environment, credit quality and delinquencies.... read more

July/August 2024

For the first time since GE Capital departed the Monitor 100 ranking, the No. 1 company in net assets and new business volume is not a bank. Nearly 60% of U.S. bank affiliates reduced their new business volume in 2023 marking the end of an equipment finance era.... read more

Monitor 100 2024

The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index showed that the equipment finance industry recorded $7.9 billion in overall new business volume in February, up 4% year over year from new business volume in February 2023. However, volume was down 15% from $9.3 billion in January. read more

MAR 25, 2024 - 6:23 am