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ELFA Survey reports overall new business volume grew 6.7%.

2015-08-05 14:31:08| Industrial Newsroom - All News for Today

According to ELFA's 2015 Survey of Equipment Finance Activity, new business volume grew 6.7% in the equipment finance industry in 2014. Rise in new business volume marked the fifth consecutive year that businesses increased their spending on capital equipment. Assets under management grew 8.6%, and return on assets remained steady at a healthy 1.7%, unchanged since 2012. Net income increased 15.2%, and return on average equity decreased slightly, but remained strong at 16.6%.

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