U.S. companies borrowed 9 percent more in December to finance equipment investments compared with a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Tuesday. The companies signed up for $12.9 billion in new loans, leases, and lines of credit last month, compared with $11.8 billion a year earlier, according to ELFA….
US Business Borrowing for Equipment Rises 16 Percent in May: ELFA
U.S. companies borrowed 16 percent more in May to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday, as firms ramp up production to meet demand. The companies signed up for $9.4 billion in new loans, leases, and lines of credit, compared with $8.1…
US Business Borrowing for Equipment Fell 3 Percent in December: ELFA
U.S. companies borrowed 3 percent less in December to finance their investments in equipment, the Equipment Leasing and Finance Association (ELFA) said on Tuesday, as inflation and Omicron cloud economic outlook. Firms signed up for $11.8 billion in new loans, leases, and lines of credit last month, compared with $12.1 billion a year earlier. Borrowings,…
US Business Borrowing for Equipment Rises 21 Percent in August: ELFA
Borrowings by U.S. companies for capital investments rose 21 percent in August from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday. The companies signed up for $8.5 billion in new loans, leases and lines of credit last month, up from $7 billion a year earlier. However, borrowings fell 14 percent…
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