Lease financing activity rose nicely in June. Companies are leasing and financing equipment at a steady clip, with new business volume increasing 29% last month compared with May, ELFA reported. The association indicated June was one of the best months for the industry since the recession. “Capital financing is really cheap right now; companies can borrow money and get a high rate of return,” said Bill Choi, ELFA’s vice president of research and industry services. Read more
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