According to a survey released by the Equipment Lease Finance Industry (ELFA)confidence in the equipment finance market is 54.2, an increase from the December index of 48.5, reflecting industry participants’ improved outlook amid ongoing concerns with economic conditions and management of fiscal issues.
The Equipment Leasing & Finance Foundation released the January 2013 Monthly Confidence Index for the Equipment Finance Industry recently. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $725 billion equipment finance sector.
The data backs up the activity Madison Capital is seeing. We are pleased to be able to assist our clients in acquiring the financing they need for business equipment and vehicles.
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