The Latest ELFA and Foundation Data

A Closer Look at Equipment Finance Volume

According to the SEFA Interactive Dashboard, in 2020 new business volume in the equipment finance industry declined by 7%. It was the third time since 2006 that year-over-year NBV declined. Stay tuned for the 2021 data, coming later this year. Want to learn more about the Dashboard or see a demo? Please contact Bill Choi at [email protected].

Spotlight on Compensation

The SME Compensation Survey and the Equipment Leasing & Finance Compensation Survey have been released and are available at www.elfaonline.org/knowledge-hub/most-popular. Please contact Bill Choi ([email protected]) if you have questions about either survey or you’d like to participate in future surveys.

Growth Mindset 

3.5% GDP growth is forecasted in 2022, owing to robust consumer demand and a strong labor market in spite of the continued COVID-19 pandemic. 

Source: 2022 Economic Outlook and Momentum Monitor https://www.leasefoundation.org/industry-resources/u-s-economic-outlook/

A Return to the Office? 

Lenders say that, on average, 73% of their staff worked from home in January 2021, but they expect that number to drop by 40% in January 2022.

Source: Q3 COVID-19 Impact and Recovery Survey  https://www.leasefoundation.org/industry-resources/covid-impact-recovery-survey/