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Gross to receive ELFA advocacy award | Corporate Jet Investor

Gross to receive ELFA advocacy award | Corporate Jet Investor
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US business equipment borrowings fell 7% in March, ELFA says

U.S. companies borrowed 7% less to finance equipment investments in March compared to a year ago, industry body Equipment Leasing and Finance Association said on Monday. Companies.

US Business Equipment Borrowings Fell 7% in March, ELFA Says

US Business Equipment Borrowings Fell 7% in March, ELFA Says
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US business equipment borrowings fell 7% in March, ELFA says

Companies signed up for new loans, leases and lines of credit worth $9.3 billion in March, up 18% sequentially. ELFA, which reports economic activity for the over $1 trillion equipment finance sector, said credit approvals for U.S. companies in January came in at 77%, up from 76% a month earlier. ELFA's leasing and finance index is based on a 25-member survey, including Bank of America and financing units of Caterpillar, Dell Technologies, Siemens AG, Canon Inc and Volvo AB.

Equipment Leasing and Finance Association s Survey of Economic Activity: Monthly Leasing and Finance Index

Equipment Leasing and Finance Association s Survey of Economic Activity: Monthly Leasing and Finance Index
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