Quality | 2011.05.25
Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index
WASHINGTON--(BUSINESS WIRE)--The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity for the $521 billion equipment finance sector, showed overall new business volume for April was $5.1 billion, up 11 percent compared to the same period in 2010. Compared against March volume, April volume decreased by 18 percent. Credit quality is improved. Receivables over 30 days decreased to 3.3 percent in April from 3.5 percent in Ma
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