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 $6.1 billion, down 12 percent from new business volume in November 2014.
Volume was down 21 percent from $7.7 billion in October. Year to date, cumulative new business volume increased 1 percent compared to 2014.
