ELFA: Loans for equipment acquisition rose 3% in November

12/21/2011 | Reuters · Nasdaq.com

Borrowing for equipment investment increased 3% last month, to $6.2 billion, ELFA said. Year-to-date volume was up 26% compared with 2010, totaling $63.2 billion. "This has been a good, steady year for the bank leasing companies across a wide variety of sectors," said ELFA President and CEO William Sutton. "We're looking for a really great December because we always get a big uptick in year-end deal closings."

View Full Article in:

Reuters · Nasdaq.com