ELFA

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Monday, March 25, 2024
ELFA, Credit, Equipment, Growth, Lease, Environment, Bank

WASHINGTON, March 25, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for February was $7.9 billion, up 4% year-over-year from new business volume in February 2023.

Key Points: 
  • WASHINGTON, March 25, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for February was $7.9 billion, up 4% year-over-year from new business volume in February 2023.
  • Receivables over 30 days were 2.2%, down from 2.3% the previous month and up from 1.8% in the same period in 2023.
  • Separately, the Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI-EFI) in March is 55.2, an increase from the February index of 51.7 and the highest level since April 2022.
  • Tightening lending standards at banks are expanding opportunities for independent and captive equipment finance companies to provide critical productive assets that businesses need to operate.

IMN Structured Finance and Euromoney Conferences are now, Invisso

Retrieved on: 
Tuesday, March 26, 2024
Conference, Partnership, CEE, IMN, Motion, Securitization, ELFA, Bouverie Street, Bank

LONDON, March 26, 2024 /PRNewswire/ -- IMN's structured finance events portfolio and the banking and finance arm of Euromoney Conferences have come together today to form a new business, Invisso.

Key Points: 
  • LONDON, March 26, 2024 /PRNewswire/ -- IMN's structured finance events portfolio and the banking and finance arm of Euromoney Conferences have come together today to form a new business, Invisso.
  • Dedicated to creating highly efficient capital market conferences, Invisso is now the largest and most experienced events business in the fixed income space covering key areas including structured finance, private credit and bond markets.
  • This is already in motion with the introduction of our CEE Securitization Summit in January which brought together Euromoney Conferences' regional CEE reach with IMN's structured finance expertise.
  • Invisso is the newly formed business comprising of IMN's structured finance portfolio and Euromoney Conferences.

IMN Structured Finance and Euromoney Conferences are now, Invisso

Retrieved on: 
Tuesday, March 26, 2024
Conference, Partnership, CEE, IMN, Motion, Securitization, ELFA, Bouverie Street, Bank

LONDON, March 26, 2024 /PRNewswire/ -- IMN's structured finance events portfolio and the banking and finance arm of Euromoney Conferences have come together today to form a new business, Invisso.

Key Points: 
  • LONDON, March 26, 2024 /PRNewswire/ -- IMN's structured finance events portfolio and the banking and finance arm of Euromoney Conferences have come together today to form a new business, Invisso.
  • Dedicated to creating highly efficient capital market conferences, Invisso is now the largest and most experienced events business in the fixed income space covering key areas including structured finance, private credit and bond markets.
  • This is already in motion with the introduction of our CEE Securitization Summit in January which brought together Euromoney Conferences' regional CEE reach with IMN's structured finance expertise.
  • Invisso is the newly formed business comprising of IMN's structured finance portfolio and Euromoney Conferences.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Monday, February 26, 2024
Lease, ELFA, SVP, Equipment, Delinquent, Credit, Operation

WASHINGTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for January was $9.3 billion, up 6% year-over-year from new business volume in January 2023.

Key Points: 
  • WASHINGTON, Feb. 26, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for January was $9.3 billion, up 6% year-over-year from new business volume in January 2023.
  • Receivables over 30 days were 2.3%, unchanged from the previous month and up from 1.9% in the same period in 2023.
  • Separately, the Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI-EFI) in February is 51.7, an increase from the January index of 48.6.
  • It’s especially encouraging to kick off in positive territory since equipment investment—the lifeblood of the equipment finance industry—is forecast to pick up in the second half of the year.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Wednesday, January 24, 2024
ELFA, Environment, Equipment, Lease, Credit, DLL, Rare-earth element

WASHINGTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for December was $12.5 billion, up 2% year-over-year from new business volume in December 2022.

Key Points: 
  • WASHINGTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for December was $12.5 billion, up 2% year-over-year from new business volume in December 2022.
  • Receivables over 30 days were 2.3%, up from 2.0% the previous month and up from 1.8% in the same period in 2022.
  • Separately, the Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI-EFI) in January is 48.6, an increase from the December index of 42.5.
  • I also anticipate a focus on retail finance programs from hard asset manufacturers, pulling inventory from their dealer channels.”

Equipment Leasing and Finance Association Announces Top 10 Equipment Acquisition Trends for 2024

Retrieved on: 
Wednesday, January 17, 2024
Eye, Cloud computing, Artificial intelligence, Thought, Research, Food, ELFA, Equipment, Federal, Lease, Federal Reserve, IRA, Growth, Automation, Computer, Software, Investment, Acquisition, Aircraft, Original equipment manufacturer, Robotics, Running, Transport, Marketing

WASHINGTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association (ELFA) which represents the $1 trillion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2024 .

Key Points: 
  • WASHINGTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association (ELFA) which represents the $1 trillion equipment finance sector, today revealed its Top 10 Equipment Acquisition Trends for 2024 .
  • We are pleased to provide the Top 10 Equipment Acquisition Trends to help businesses in their strategic equipment acquisition decision-making.”
    ELFA distilled recent research and data, including the Equipment Leasing & Finance Foundation’s 2024 Equipment Leasing & Finance U.S. Economic Outlook, industry participants’ expertise and member input from ELFA meetings in compiling the trends.
  • ELFA forecasts the following Top 10 Equipment Acquisition Trends for 2024:
    The U.S. economy will likely have a soft landing.
  • For forecast data regarding equipment investment and capital spending in the United States, see the Equipment Leasing & Finance Foundation’s 2024 Equipment Leasing & Finance U.S. Economic Outlook at www.leasefoundation.org/industry-resources/u-s-economic-outlook/ .

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Thursday, December 21, 2023
Credit, News, Lease, Fed, ELFA, MCI, Equipment, Cryptocurrency

WASHINGTON, Dec. 21, 2023 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for November was $8.3 billion, unchanged from new business volume in November 2022.

Key Points: 
  • WASHINGTON, Dec. 21, 2023 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for November was $8.3 billion, unchanged from new business volume in November 2022.
  • Separately, the Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI-EFI) in December is 42.5, steady with the November index of 42.8.
  • The MCI-EFI offers a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by a cross-section of equipment finance executives.
  • With the increasing likelihood of a ‘soft landing’ the equipment finance industry should have a positive year-end.”
    George Parker, Co-Chief Executive Officer, VenSource Capital LLC , said, “In November, equipment finance firms continued to showcase their resilience.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Tuesday, November 21, 2023
Gordon Brothers, Lease, ELFA, Equipment, Employment, Risk, Environment, Credit, Senior

WASHINGTON, Nov. 21, 2023 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for October was $10.4 billion, down 8 percent year-over-year from new business volume in October 2022.

Key Points: 
  • WASHINGTON, Nov. 21, 2023 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for October was $10.4 billion, down 8 percent year-over-year from new business volume in October 2022.
  • Separately, the Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI-EFI) in November is 42.8, an increase from the October index of 40.1.
  • Origination activity for the year continues to be in acceptable ranges.”
    Dennis Bolton, Senior Managing Director, Head of Equipment Finance North America, Gordon Brothers , said, “All metrics continue to reflect the equipment finance industry’s stability and resilience.
  • While challenges remain, the industry is well positioned to manage these challenges and support continued equipment investment.”

QUAQ solution powers ELFBAR and LOST MARY

Retrieved on: 
Tuesday, December 5, 2023
MESH, Smoker, ELFA, LOST, PCBA, CAPSULE, CELL, Electric motor

LONDON, Dec. 5, 2023 /PRNewswire/ -- Global vaping solution provider QUAQ showcases its trio of technologies across new ELFBAR and LOST MARY-branded products.

Key Points: 
  • LONDON, Dec. 5, 2023 /PRNewswire/ -- Global vaping solution provider QUAQ showcases its trio of technologies across new ELFBAR and LOST MARY-branded products.
  • LOST MARY's TAPPO is the latest in a series of vape products on which QUAQ is adopted, including ELFBAR 600V2, ELFA PRO and LOST MARY BM600S.
  • Turbocharged by QUAQ CELL and MESH, BM600S promises to continue the top-selling momentum of LOST MARY BM600.
  • As LOST MARY's first prefilled pod system tailored for the European market and esteemed as the brand's flagship offering, TAPPO also pioneers the integration of all three QUAQ technologies.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Wednesday, October 25, 2023
Credit, Equipment, Equipment Leasing Association Of Nigeria, Atmosphere, ELFA, Lease, Cryptocurrency, Renewable energy

WASHINGTON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for September was $9.7 billion, down 5 percent year-over-year from new business volume in September 2022.

Key Points: 
  • WASHINGTON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for September was $9.7 billion, down 5 percent year-over-year from new business volume in September 2022.
  • Separately, the Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI-EFI) in October is 40.1, a decrease from the September index of 50.3.
  • Of equal or greater concern is the quality of equipment finance company portfolios, as losses and delinquencies continue to edge up slightly.
  • Our industry has demonstrated its resilience, having successfully navigated these economic headwinds for most of 2023 and delivering year-over-year growth.