Equipment financing rose 21% in January

Business-equipment financing volume increased 21% last month compared with January 2011, according to an ELFA survey. “The continued strengthening in financing volume and the trend toward healthier portfolios provide clear evidence that the equipment-finance marketplace is regaining some of the momentum lost during the Great Recession,” said ELFA President and CEO William Sutton. Read more…. The Wall Street Journal/Dow Jones Newswires

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