8/25/2009

As the economic downturn continued to hinder commercial borrowing, the number of loans, lines of credits and leases written by ELFA members declined in July, the association said. However, charge-offs and delinquencies also were down, ELFA said. Ken Bentsen, president of the association, said the data suggest a recovery might be in its early stages. View more information about ELFA's Monthly Leasing and Finance Index.

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