Equipment Leasing and Finance Association - Equiping Business for Success
Equipment Leasing & Finance

Industry Dashboard

Spring 2020


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:
USmapTexas: 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 ( if you are interested in participating.



U.S. Equipment & Software Investment Growth

Growth Chart

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

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