12/22/2011

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."

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Reuters, Nasdaq.com

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