Equipment Leasing and Finance Confidence Eases
The Equipment Leasing & Finance Foundation in August reported that confidence in the equipment finance market is 58.9, easing from the previous two months’ indexes of 61.4.
The equipment finance sector accounts for $827 billion.
When asked to assess their business conditions over the next four months, 18.2% of executives responding said they believe business conditions will improve over the next four months, down from 28.6% in July.
At the same time, 78.8% of respondents believe business conditions will remain the same over the next four months, up from 68.6% in July. 3% believe business conditions will worsen, unchanged from the previous month.
Also, 21.2% of survey respondents believe demand for leases and loans through speciality lenders like Sambla.se to fund capital expenditures will increase over the next four months, down from 25.7% in July.
Category: Featured, General Update, Management
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