Methodology

The CFI measures monthly commercial equipment lease and loan activity as reported by participating ELFA member equipment finance companies representing a cross section of the equipment finance sector, including small ticket, middle-market, large ticket, bank, captive and independent leasing and finance companies. The responses mirror the economic activity of the broader equipment finance sector and current business conditions nationally. The CFI provides a snapshot of the general direction of five key metrics:

  • New business volume
  • Accounts receivable
  • Average losses (charge-offs)
  • Credit approvals
  • Change in headcount

Through this collection of metrics, organizations can benchmark their operations and gauge their performance against industry peers.


Full Listing of CFI Participants

The CFI reports economic activity from companies representing a cross section of the equipment finance sector, drawn from the companies listed below:

  • Bank of America Global Leasing
  • BMO
  • Canon Financial Services, Inc.
  • Caterpillar Financial Services Corporation
  • Citizens Asset Finance, a division of Citizens Bank, N.A.
  • DLL
  • Fifth Third Bank, National Association
  • First American Equipment Finance, an RBC / City National Company
  • First Citizens Bank Equipment Finance
  • Frost Equipment Leasing and Finance
  • GreatAmerica Financial Services
  • HP Inc.
  • HPE Financial Services Company
  • Huntington Equipment Finance
  • John Deere Financial
  • Bank of America Global Leasing
  • BMO
  • Canon Financial Services, Inc.
  • Caterpillar Financial Services Corporation
  • Citizens Asset Finance, a division of Citizens Bank, N.A.
  • DLL
  • Fifth Third Bank, National Association
  • First American Equipment Finance, an RBC / City National Company
  • First Citizens Bank Equipment Finance
  • Frost Equipment Leasing and Finance
  • GreatAmerica Financial Services
  • HP Inc.
  • HPE Financial Services Company
  • Huntington Equipment Finance
  • John Deere Financial