ELFA: Equipment-finance origination reached $6.8B in March

04/25/2013 | Reuters

Companies added $6.8 billion in loans, leases and lines of credit in March, a 45% increase compared with February, according to ELFA. "The continued low-interest-rate environment promoted by the Federal Reserve, together with relatively benign fundamentals in the broader economy, bode well for businesses planning to expand and grow in the coming months and invest in capital equipment," President and CEO William G. Sutton said.

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