The Latest ELFA and Foundation Data

Top 4 States by Volume

According to the 2019 Survey of Equipment Finance Activity, the states with the largest New Business Volume as a % of the total were:
Texas: 9.8%
California: 9.7%
Washington: 6.3%
New York: 5.4%

February MLFI Year-Over-Year

401k Plans Dominate

According to the ELFA SME Compensation Survey, 90% of smaller equipment finance companies offered 401k plans to their employees. The most common retirement plans offered were:

• 90% 401K
• 27% Stock options
• 18% Other retirement plans
• 16% ESOP

ELFA is collecting salary data from small or medium sized organizations (below $500 Million in NBV). Please contact Bill Choi ([email protected]) if you are interested in participating.

 

U.S. Equipment & Software Investment Growth

Equipment and software investment is projected to contract severely in 2020, to between -8.6 and -13.5 percent, according to the Q2 update to the Foundation’s 2020 Equipment Leasing & Finance U.S. Economic Outlook.

Momentum Monitor Shows Weakening Investment

Several equipment verticals show investment weakening over the next 3-6 months in the
Foundation’s April Equipment & Software Investment Momentum Monitor.