

Growth in New Business Volume
Businesses increased their spending on capital equipment in 2017 for the eighth consecutive year, according to the 2018 Survey of Equipment Finance Activity.
That’s the average salary for an IT Manager, according to the ELFA Small and Medium Compensation Survey. Watch for new compensation data, coming this Fall.
May MLFI Year-Over-Year
New Business Volume:
up 6.7%
Aging: up 14%
Charge-offs: down 34%
Credit
Approvals: steady
Employment: steady

Construction sector equipment sales were solid in 2017 and further improvements are projected for 2018, according to the Equipment Leasing & Finance Foundation’s 2018-2019 Vertical Market Series: Construction report at http://bit.ly/ELFFConstruction.
Higher interest rates and building inflationary pressures are likely over the next one to three years—following nearly a decade of modest economic expansion, low interest rates and low inflation. Learn how to prepare and potential impacts to customer demand, portfolio performance, spreads and the propensity to finance in On the Rise: How Inflationary Pressures and Rising Interest Rates Could Impact the Equipment Finance Industry at
http://bit.ly/ELFFInflation.
Equipment verticals will show mixed growth over the next 3–6 months, according to the Equipment Leasing & Finance Foundation’s 2018 Equipment Leasing & Finance U.S. Economic Outlook Q3 Update at http://bit.ly/ELFFEconomicOutlook.
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2018