Articles from Equipment Leasing and Finance Association

WASHINGTON, April 23, 2025 (GLOBE NEWSWIRE) --

WASHINGTON, March 25, 2025 (GLOBE NEWSWIRE) -- “The latest CFI release showed a return to normalcy in February. Demand for equipment returned to healthy levels after whipsawing the last few months due to a historic swing in financing activity at banks,” said Leigh Lytle, President and CEO at ELFA. “Financial conditions weakened a little as losses rose, but accounts past 30 days remained low, and new applications remained strong. 2025 is shaping up to be bumpy, but so far, the data indicates that demand for investment equipment has weathered the storm. We’re closely watching financial conditions for signs of erosion, but we expect the industry to have a solid year as long as the economy avoids a recession.”

WASHINGTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- “The latest CFI release showed that equipment demand was pulled forward from January to December, which caused volumes to underperform last month. Much of the overall decline came from the banking sector, which had a stellar yearend and a soft start to 2025. I expect conditions to normalize going forward, but risks to the outlook linger," said Leigh Lytle, President and CEO at ELFA. “Global economic and political uncertainty remains elevated, which could weigh on equipment demand later this year as businesses decide to pause investment until tensions subside. As both aging receivables and charge-offs showed, the industry is well prepared for an extended period of uncertainty, or whatever else may be thrown its way in 2025.”

WASHINGTON, Jan. 27, 2025 (GLOBE NEWSWIRE) -- “Just as we predicted last month, the equipment finance industry ended 2024 on a high note,” said Leigh Lytle, President and CEO at ELFA. “A surge in bank financing pushed new business volume to a new high, reflecting more certainty following the election and an acknowledgment that interest rates may not fall much further in 2025. I expect that momentum to continue even if activity slows a little in the months ahead – December is usually a strong month for new business activity with the end-of-quarter, end-of-year spike. The mixture of federal policies will be a big factor in 2025, and deregulation could help demand for construction and mining equipment. However, the industry is well-positioned to face a potentially turbulent 2025.”

WASHINGTON, Dec. 23, 2024 (GLOBE NEWSWIRE) -- FORECAST: Growth in new business volume suggests a 0.12% increase in new durable goods orders in November. Based on the latest data from the Equipment Leasing and Finance Association’s (ELFA) CapEx Finance Index (CFI), durable goods orders are expected to grow by 0.12% in the upcoming November advanced report on durable goods. That would be the fastest growth rate since July and a sign that demand for manufacturing goods has momentum heading into 2025.

********************************************************************************************************Note to readers: ELFA has updated the name of the Monthly Leasing and Finance Index (MLFI-25) to the CapEx Finance Index (CFI) to better reflect what it measures and how it impacts the broader U.S. economy.********************************************************************************************************

******************************************************************************************************** Note to readers: ELFA has updated the name of the Monthly Leasing and Finance Index (MLFI-25) to the CapEx Finance Index (CFI) to better reflect what it measures and how it impacts the broader U.S. economy. ********************************************************************************************************

WASHINGTON, Sept. 25, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in August:

WASHINGTON, Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in July:

WASHINGTON, July 24, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in June:

WASHINGTON, June 26, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in May:

Member company survey shows strong start in Q2

March New Business Volume Down 7% Year-over-year; Up 18% Month-to-month and 0.5% Year-to-date

February New Business Volume Up 4% Year-over-year, Down 15% Month-to-month, Up 4.9% Year-to-date

January New Business Volume Up 6% Year-over-year

December New Business Volume Up 2% Year-over-year, 51% Month-to-month, 3.9% at Year-end

WASHINGTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association (ELFA) which represents the $1 trillion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2024. Real private investment by U.S. businesses in equipment and software is forecast to be more than $2 trillion in 2024, with a substantial amount of that investment activity financed, so these trends impact a significant portion of the U.S. economy.

November New Business Volume Flat Year-over-year, Down 19 Percent Month-to-month, and Up 4.1 Percent Year-to-date

October New Business Volume Down 8 Percent Year-over-year, Up 7 Percent Month-to-month, and Up 0.7 Percent Year-to-date

September New Business Volume Down 5 Percent Year-over-year and 4 Percent Month-to-month; Up 1.9 Percent Year-to-date

August New Business Volume Up 14 Percent Year-over-year, 2 Percent Month-to-month and 2.8 Percent Year-to-date

July New Business Volume Down 2 Percent Year-over-year and 9 Percent Month-to-month; Up 1.3 Percent Year-to-date

June New Business Volume Up 6 Percent Year-over-year, 15 Percent Month-to-month and 1.9 Percent Year-to-date

May New Business Volume Up 1 Percent Year-over-year, Down 2 Percent Month-to-month and Up 0.9 Percent Year-to-date

April New Business Volume Down 8 Percent Year-over-year, Down 7 Percent Month-to-month and Up 0.7 Percent Year-to-date

March New Business Volume Down 2 Percent Year-over-year, Up 32 Percent Month-to-month and Up 4 Percent Year-to-date

January New Business Volume Up 6 Percent Year-over-year

December New Business Volume Up 9 Percent Year-over-year, 50 Percent Month-to-month, 6 Percent at Year-end

WASHINGTON, Jan. 12, 2023 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association (ELFA), which represents the $1 trillion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2023. Real private investment by U.S. businesses in equipment and software is forecast to be more than $2 trillion in 2023, with a substantial amount of that investment activity financed, so these trends impact a significant portion of the U.S. economy.

November New Business Volume Up 9 Percent Year-over-year, Down 24 Percent Month-to-month, Up 6 Percent Year-to-date

October New Business Volume Up 6 Percent Year-over-year, 11 Percent Month-to-month and Nearly 6 Percent Year-to-date

September New Business Volume Up 11 Percent Year-over-year, 16 Percent Month-to-month and Nearly 6 Percent Year-to-date