Equipment Finance Confidence Up in June

By Gigi Wood | Equipment Leasing & Finance Foundation The Equipment Leasing & Finance Foundation released the June 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. The monthly index for the equipment finance industry was up roughly four points in June, the Equipment Leasing & Financing Foundation announced today. That means executives from the equipment finance sector believe that business conditions will improve over the next quarter, CapEx leases and loans will increase, and they expect to have more access to capital to fund equipment acquisitions. The foundation released the June 2023 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $1 trillion equipment finance sector. Overall, confidence in the equipment finance market is 44.1, an increase from the May index of 40.6. READ FULL ARTICLE >>