Leasing Confidence Drops Again: ELFF

The Equipment Leasing & Finance Foundation’s April 2022 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) dropped to 56.1 from the March index of 58.2. When asked about the outlook for the future, MCI-EFI survey respondent Jim DeFrank, EVP/COO, Isuzu Finance of America, Inc., said: “There is huge pent-up demand for all kinds of products. In the transportation space, the final mile vehicles are in great demand, and we see this continuing for at least 12 to 18 months. Once the supply chain catches up, we will see some kind of normalcy return to the equipment finance industry.” Equipment leasing outlook

  • Some 14.8 percent of respondents said that they believe business conditions will improve over the next four months, a decrease from 21.4 percent in March. About one in five (22.2 percent) said that they believe business conditions will worsen, a decrease from 28.6 percent in March.