Monthly Leasing and Finance Index 1st Quarter 2002

Jan 1, 2002, 18:49 PM

Total Net Portfolio
Total New Business Volume
Delinquencies
Average Losses
Credit Approved Ratio
Total Number of Employees

Please Note:

ELA's name, address, web site and contact info have all changed since the information below was originally published. For additional information on this and other ELFA research materials, please contact Bill Choi at bchoi@elfaonline.org or 202.238.3413.

ELA recently released the results of its Performance Indicators Report (PIR) for the first quarter of 2002 (January - March)

The PIR tracks the performance of prominent leasing organizations in six key areas. Because the same companies were tracked and used in the analysis, the PIR provides fairly reliable trend analysis. Each illustration below reflects the data provided by those companies responding to that particular question. Typically, not every company polled responds to every question.

New business volume showed a slight increase of about 4% since the first quarter 2001. Total net portfolio continues to grow with almost a 5% increase since the first quarter 2001. The total number of employees actually decreased almost 4% from the first quarter 2001. Credit approval ratios have increased 4% since the first quarter 2001. After slow steady growth throughout 2001, the average losses dropped 30% since the fourth quarter 2001. Delinquencies remain fairly stable with a slight decline in current (less than 30 days) receivables since the first quarter 2001. However, past-dues are increasing in the over-90 days accounts.

This study is conducted quarterly by the ELA, which provides a variety of data, including customized market analyses, to ELA members and organizations involved in the $242 billion equipment leasing industry. To access this and other industry information, visit the ELA website at http://www.elaonline.com/ or call ELA at (703) 516-8380.