Business borrowing is on the rise, according to the Monthly Leasing & Finance Index. The survey of a cross-section of ELFA members released today reports year-over-year growth of 11% and year-to-date growth of 6% in May.

98%

That’s the percentage by which emissions from new trucks have been reduced over the last three decades, according to the latest study in the Foundation’s Vertical Market Outlook Series, Trucking. 

Steady Confidence

Overall confidence in the equipment finance sector was steady in Q2, according to the Foundation’s Monthly Confidence Index. The MCI, which reports a qualitative assessment of current business conditions and future expectations from industry executives, was 52.9 in April, 50.7 in May, and 50.2 in June.