By Gigi Wood The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index showed overall new business volume for May was $9.4 billion, up 16% year-over-year from new business volume in May 2021. The Equipment Leasing and Finance Association (ELFA) has released its Monthly Leasing and Finance Index for May. The index, which reports economic activity based on feedback from 25 companies within the equipment finance sector, was $9.4 billion, up 16% year-over-year from new business volume in May 2021. Volume was down 10% from $10.5 billion in April. Year-to-date, cumulative new business volume was up nearly 8% compared to 2021. READ FULL ARTICLE>>
