ELFA sees continuing increase in business-equipment finance

06/24/2010 | Wall Street Journal, The

ELFA's monthly survey showed that respondents financed $4.4 billion in new business equipment in May, an increase from $4.2 billion in the same month last year. Chief Operating Officer Ralph Petta said he had hoped for a double-digit increase by percentage after April posted 15% year-on-year growth. "This is just another indication that the recovery is very uneven," Petta said.

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Wall Street Journal, The