The Equipment Leasing & Finance Foundation (the Foundation) releases the September 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Overall, confidence in the equipment finance market is 56.5, an increase from the August index of 48.4.

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed their overall new business volume for July was $9.1 billion, down 3% year-over-year from new business volume in July 2019.

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 $900 billion equipment finance sector, showed their overall new business volume for November was $7.8 billion, down 3% year-over-year from new business volume in November 2018.

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 August was $9.2 billion, up 3% year-over-year from new business volume in August 2018. Volume was down 2% month-to-month from $9.4 billion in July. Year to date, cumulative new business volume was up 3% compared to 2018.

The Equipment Leasing and Finance Assn.’s  Monthly Leasing and Finance Index showed their overall new business volume for January was $7.2 billion, up 4% year-over-year from new business volume in January 2018.