Equipment-loan origination reached $7.2B in July

08/23/2013 | Reuters

Companies needing equipment originated $7.2 billion in loans, leases and lines of credit last month, a 9% increase compared with July 2012, ELFA reports. Activity dropped 16% compared with June. President and CEO William G. Sutton says July's activity "matches a strengthening economy evidenced by a rebounding housing market, [gross domestic product] growth and declining unemployment picture."

View Full Article in:

Reuters